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QLV vs. PBJ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between QLV and PBJ is 0.62, 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.


-0.50.00.51.0
Correlation: 0.6

Performance

QLV vs. PBJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FlexShares US Quality Low Volatility Index Fund (QLV) and Invesco Dynamic Food & Beverage ETF (PBJ). The values are adjusted to include any dividend payments, if applicable.

40.00%50.00%60.00%70.00%80.00%NovemberDecember2025FebruaryMarchApril
74.80%
48.67%
QLV
PBJ

Key characteristics

Sharpe Ratio

QLV:

0.77

PBJ:

-0.14

Sortino Ratio

QLV:

1.14

PBJ:

-0.09

Omega Ratio

QLV:

1.17

PBJ:

0.99

Calmar Ratio

QLV:

0.86

PBJ:

-0.17

Martin Ratio

QLV:

4.01

PBJ:

-0.45

Ulcer Index

QLV:

2.59%

PBJ:

4.32%

Daily Std Dev

QLV:

13.58%

PBJ:

14.46%

Max Drawdown

QLV:

-33.71%

PBJ:

-39.15%

Current Drawdown

QLV:

-5.39%

PBJ:

-4.40%

Returns By Period

In the year-to-date period, QLV achieves a -1.51% return, which is significantly lower than PBJ's 0.61% return.


QLV

YTD

-1.51%

1M

-2.96%

6M

-3.15%

1Y

10.76%

5Y*

13.30%

10Y*

N/A

PBJ

YTD

0.61%

1M

1.98%

6M

0.29%

1Y

-1.73%

5Y*

10.62%

10Y*

5.18%

*Annualized

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QLV vs. PBJ - Expense Ratio Comparison

QLV has a 0.22% expense ratio, which is lower than PBJ's 0.63% expense ratio.


Expense ratio chart for PBJ: current value is 0.63%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
PBJ: 0.63%
Expense ratio chart for QLV: current value is 0.22%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
QLV: 0.22%

Risk-Adjusted Performance

QLV vs. PBJ — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QLV
The Risk-Adjusted Performance Rank of QLV is 7676
Overall Rank
The Sharpe Ratio Rank of QLV is 7272
Sharpe Ratio Rank
The Sortino Ratio Rank of QLV is 7272
Sortino Ratio Rank
The Omega Ratio Rank of QLV is 7474
Omega Ratio Rank
The Calmar Ratio Rank of QLV is 7979
Calmar Ratio Rank
The Martin Ratio Rank of QLV is 8080
Martin Ratio Rank

PBJ
The Risk-Adjusted Performance Rank of PBJ is 1212
Overall Rank
The Sharpe Ratio Rank of PBJ is 1313
Sharpe Ratio Rank
The Sortino Ratio Rank of PBJ is 1212
Sortino Ratio Rank
The Omega Ratio Rank of PBJ is 1212
Omega Ratio Rank
The Calmar Ratio Rank of PBJ is 1010
Calmar Ratio Rank
The Martin Ratio Rank of PBJ is 1212
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

QLV vs. PBJ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for FlexShares US Quality Low Volatility Index Fund (QLV) and Invesco Dynamic Food & Beverage ETF (PBJ). 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.


The chart of Sharpe ratio for QLV, currently valued at 0.77, compared to the broader market-1.000.001.002.003.004.00
QLV: 0.77
PBJ: -0.14
The chart of Sortino ratio for QLV, currently valued at 1.14, compared to the broader market-2.000.002.004.006.008.00
QLV: 1.14
PBJ: -0.09
The chart of Omega ratio for QLV, currently valued at 1.17, compared to the broader market0.501.001.502.00
QLV: 1.17
PBJ: 0.99
The chart of Calmar ratio for QLV, currently valued at 0.86, compared to the broader market0.002.004.006.008.0010.0012.00
QLV: 0.86
PBJ: -0.17
The chart of Martin ratio for QLV, currently valued at 4.01, compared to the broader market0.0020.0040.0060.00
QLV: 4.01
PBJ: -0.45

The current QLV Sharpe Ratio is 0.77, which is higher than the PBJ Sharpe Ratio of -0.14. The chart below compares the historical Sharpe Ratios of QLV and PBJ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
0.77
-0.14
QLV
PBJ

Dividends

QLV vs. PBJ - Dividend Comparison

QLV's dividend yield for the trailing twelve months is around 1.78%, more than PBJ's 1.44% yield.


TTM20242023202220212020201920182017201620152014
QLV
FlexShares US Quality Low Volatility Index Fund
1.78%1.66%1.60%1.74%0.97%1.24%0.58%0.00%0.00%0.00%0.00%0.00%
PBJ
Invesco Dynamic Food & Beverage ETF
1.44%1.11%1.80%1.81%0.90%1.12%1.21%1.41%0.70%1.56%1.24%1.32%

Drawdowns

QLV vs. PBJ - Drawdown Comparison

The maximum QLV drawdown since its inception was -33.71%, smaller than the maximum PBJ drawdown of -39.15%. Use the drawdown chart below to compare losses from any high point for QLV and PBJ. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2025FebruaryMarchApril
-5.39%
-4.40%
QLV
PBJ

Volatility

QLV vs. PBJ - Volatility Comparison

FlexShares US Quality Low Volatility Index Fund (QLV) has a higher volatility of 10.19% compared to Invesco Dynamic Food & Beverage ETF (PBJ) at 8.36%. This indicates that QLV's price experiences larger fluctuations and is considered to be riskier than PBJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%NovemberDecember2025FebruaryMarchApril
10.19%
8.36%
QLV
PBJ