QLV vs. EELV
Compare and contrast key facts about FlexShares US Quality Low Volatility Index Fund (QLV) and Invesco S&P Emerging Markets Low Volatility ETF (EELV).
QLV and EELV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QLV is a passively managed fund by Northern Trust that tracks the performance of the Northern Trust Quality Low Volatility Index. It was launched on Jul 15, 2019. EELV is a passively managed fund by Invesco that tracks the performance of the S&P BMI Emerging Markets Low Volatility Index. It was launched on Jan 13, 2012. Both QLV and EELV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
QLV vs. EELV - Performance Comparison
Loading graphics...
QLV vs. EELV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
QLV FlexShares US Quality Low Volatility Index Fund | 0.10% | 12.28% | 18.08% | 13.71% | -9.97% | 26.08% | 9.63% | 6.24% |
EELV Invesco S&P Emerging Markets Low Volatility ETF | 3.35% | 21.97% | 1.90% | 8.85% | -3.98% | 16.15% | -3.89% | 1.67% |
Returns By Period
In the year-to-date period, QLV achieves a 0.10% return, which is significantly lower than EELV's 3.35% return.
QLV
- 1D
- 1.54%
- 1M
- -3.92%
- YTD
- 0.10%
- 6M
- 0.74%
- 1Y
- 10.86%
- 3Y*
- 13.76%
- 5Y*
- 10.52%
- 10Y*
- —
EELV
- 1D
- 2.07%
- 1M
- -4.13%
- YTD
- 3.35%
- 6M
- 6.88%
- 1Y
- 20.18%
- 3Y*
- 11.22%
- 5Y*
- 7.96%
- 10Y*
- 6.20%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
QLV vs. EELV - Expense Ratio Comparison
QLV has a 0.22% expense ratio, which is lower than EELV's 0.30% expense ratio.
Return for Risk
QLV vs. EELV — Risk / Return Rank
QLV
EELV
QLV vs. EELV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares US Quality Low Volatility Index Fund (QLV) and Invesco S&P Emerging Markets Low Volatility ETF (EELV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| QLV | EELV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.86 | 1.65 | -0.80 |
Sortino ratioReturn per unit of downside risk | 1.31 | 2.31 | -1.00 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.33 | -0.14 |
Calmar ratioReturn relative to maximum drawdown | 1.19 | 2.52 | -1.33 |
Martin ratioReturn relative to average drawdown | 6.18 | 9.42 | -3.24 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| QLV | EELV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.86 | 1.65 | -0.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | 0.69 | +0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.45 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.65 | 0.30 | +0.35 |
Correlation
The correlation between QLV and EELV is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
QLV vs. EELV - Dividend Comparison
QLV's dividend yield for the trailing twelve months is around 1.60%, less than EELV's 3.62% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QLV FlexShares US Quality Low Volatility Index Fund | 1.60% | 1.60% | 1.66% | 1.60% | 1.74% | 0.96% | 1.24% | 0.58% | 0.00% | 0.00% | 0.00% | 0.00% |
EELV Invesco S&P Emerging Markets Low Volatility ETF | 3.62% | 3.75% | 4.70% | 4.00% | 3.45% | 4.35% | 2.82% | 3.14% | 5.50% | 2.92% | 2.29% | 2.53% |
Drawdowns
QLV vs. EELV - Drawdown Comparison
The maximum QLV drawdown since its inception was -33.71%, smaller than the maximum EELV drawdown of -36.35%. Use the drawdown chart below to compare losses from any high point for QLV and EELV.
Loading graphics...
Drawdown Indicators
| QLV | EELV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.71% | -36.35% | +2.64% |
Max Drawdown (1Y)Largest decline over 1 year | -9.75% | -8.22% | -1.53% |
Max Drawdown (5Y)Largest decline over 5 years | -17.93% | -19.04% | +1.11% |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.35% | — |
Current DrawdownCurrent decline from peak | -4.29% | -5.28% | +0.99% |
Average DrawdownAverage peak-to-trough decline | -4.08% | -9.00% | +4.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.88% | 2.20% | -0.32% |
Volatility
QLV vs. EELV - Volatility Comparison
The current volatility for FlexShares US Quality Low Volatility Index Fund (QLV) is 3.18%, while Invesco S&P Emerging Markets Low Volatility ETF (EELV) has a volatility of 5.96%. This indicates that QLV experiences smaller price fluctuations and is considered to be less risky than EELV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| QLV | EELV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.18% | 5.96% | -2.78% |
Volatility (6M)Calculated over the trailing 6-month period | 5.81% | 8.40% | -2.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.74% | 12.26% | +0.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.73% | 11.52% | +1.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.75% | 13.70% | +3.05% |