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QLV vs. ^GSPC
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between QLV and ^GSPC is 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.0
Correlation: 0.9

Performance

QLV vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FlexShares US Quality Low Volatility Index Fund (QLV) and S&P 500 (^GSPC). The values are adjusted to include any dividend payments, if applicable.

60.00%70.00%80.00%90.00%100.00%NovemberDecember2025FebruaryMarchApril
74.80%
83.93%
QLV
^GSPC

Key characteristics

Sharpe Ratio

QLV:

0.77

^GSPC:

0.46

Sortino Ratio

QLV:

1.14

^GSPC:

0.77

Omega Ratio

QLV:

1.17

^GSPC:

1.11

Calmar Ratio

QLV:

0.86

^GSPC:

0.47

Martin Ratio

QLV:

4.01

^GSPC:

1.94

Ulcer Index

QLV:

2.59%

^GSPC:

4.61%

Daily Std Dev

QLV:

13.58%

^GSPC:

19.44%

Max Drawdown

QLV:

-33.71%

^GSPC:

-56.78%

Current Drawdown

QLV:

-5.39%

^GSPC:

-10.07%

Returns By Period

In the year-to-date period, QLV achieves a -1.51% return, which is significantly higher than ^GSPC's -6.06% return.


QLV

YTD

-1.51%

1M

-2.96%

6M

-3.15%

1Y

10.76%

5Y*

13.30%

10Y*

N/A

^GSPC

YTD

-6.06%

1M

-3.27%

6M

-4.87%

1Y

9.44%

5Y*

14.30%

10Y*

10.11%

*Annualized

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Risk-Adjusted Performance

QLV vs. ^GSPC — 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

^GSPC
The Risk-Adjusted Performance Rank of ^GSPC is 6868
Overall Rank
The Sharpe Ratio Rank of ^GSPC is 6666
Sharpe Ratio Rank
The Sortino Ratio Rank of ^GSPC is 6363
Sortino Ratio Rank
The Omega Ratio Rank of ^GSPC is 6767
Omega Ratio Rank
The Calmar Ratio Rank of ^GSPC is 7070
Calmar Ratio Rank
The Martin Ratio Rank of ^GSPC is 7373
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. ^GSPC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for FlexShares US Quality Low Volatility Index Fund (QLV) and S&P 500 (^GSPC). 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
^GSPC: 0.46
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
^GSPC: 0.77
The chart of Omega ratio for QLV, currently valued at 1.17, compared to the broader market0.501.001.502.002.50
QLV: 1.17
^GSPC: 1.11
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
^GSPC: 0.47
The chart of Martin ratio for QLV, currently valued at 4.01, compared to the broader market0.0020.0040.0060.00
QLV: 4.01
^GSPC: 1.94

The current QLV Sharpe Ratio is 0.77, which is higher than the ^GSPC Sharpe Ratio of 0.46. The chart below compares the historical Sharpe Ratios of QLV and ^GSPC, 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 Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
0.77
0.46
QLV
^GSPC

Drawdowns

QLV vs. ^GSPC - Drawdown Comparison

The maximum QLV drawdown since its inception was -33.71%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for QLV and ^GSPC. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-5.39%
-10.07%
QLV
^GSPC

Volatility

QLV vs. ^GSPC - Volatility Comparison

The current volatility for FlexShares US Quality Low Volatility Index Fund (QLV) is 10.19%, while S&P 500 (^GSPC) has a volatility of 14.23%. This indicates that QLV experiences smaller price fluctuations and is considered to be less risky than ^GSPC 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%12.00%14.00%NovemberDecember2025FebruaryMarchApril
10.19%
14.23%
QLV
^GSPC