QQLV vs. SPTM
QQLV (Invesco QQQ Low Volatility ETF) and SPTM (SPDR Portfolio S&P 1500 Composite Stock Market ETF) are both Large Cap Blend Equities funds - QQLV tracks the Nasdaq Low Volatility Index while SPTM tracks the S&P Composite 1500 Index. Both are passively managed. Over the past year, QQLV returned -1.95% vs 27.84% for SPTM. At a 0.46 correlation, their price movements are largely independent. QQLV charges 0.25%/yr vs 0.03%/yr for SPTM.
Performance
QQLV vs. SPTM - Performance Comparison
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Returns By Period
In the year-to-date period, QQLV achieves a 1.94% return, which is significantly lower than SPTM's 11.10% return.
QQLV
- 1D
- -0.03%
- 1M
- -0.15%
- YTD
- 1.94%
- 6M
- 1.06%
- 1Y
- -1.95%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SPTM
- 1D
- -0.67%
- 1M
- 4.87%
- YTD
- 11.10%
- 6M
- 11.13%
- 1Y
- 27.84%
- 3Y*
- 21.90%
- 5Y*
- 13.38%
- 10Y*
- 15.21%
QQLV vs. SPTM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
QQLV Invesco QQQ Low Volatility ETF | 1.94% | 4.19% | -5.60% |
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF | 11.10% | 16.93% | -3.53% |
Correlation
The correlation between QQLV and SPTM is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Dec 5, 2024 | 0.46 |
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Return for Risk
QQLV vs. SPTM — Risk / Return Rank
QQLV
SPTM
QQLV vs. SPTM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco QQQ Low Volatility ETF (QQLV) and SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM). 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.
| QQLV | SPTM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.55 | ||
| Sortino ratioReturn per unit of downside risk | -3.43 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.43 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | -0.27 | 3.22 | -3.49 |
| Martin ratioReturn relative to average drawdown | -0.52 | 15.01 | -15.54 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| QQLV | SPTM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.19 | 2.36 | -2.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.80 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.85 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.01 | 0.46 | -0.44 |
Drawdowns
QQLV vs. SPTM - Drawdown Comparison
The maximum QQLV drawdown since its inception was -9.54%, smaller than the maximum SPTM drawdown of -54.80%. Use the drawdown chart below to compare losses from any high point for QQLV and SPTM.
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Drawdown Indicators
| QQLV | SPTM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.54% | -54.80% | +45.26% |
Max Drawdown (1Y)Largest decline over 1 year | -7.35% | -8.68% | +1.33% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.87% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.14% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.66% | — |
Current DrawdownCurrent decline from peak | -3.61% | -0.67% | -2.94% |
Average DrawdownAverage peak-to-trough decline | -3.19% | -9.05% | +5.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.73% | 1.86% | +1.87% |
Volatility
QQLV vs. SPTM - Volatility Comparison
The current volatility for Invesco QQQ Low Volatility ETF (QQLV) is 2.66%, while SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) has a volatility of 2.88%. This indicates that QQLV experiences smaller price fluctuations and is considered to be less risky than SPTM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QQLV | SPTM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.66% | 2.88% | -0.22% |
Volatility (6M)Calculated over the trailing 6-month period | 7.05% | 8.92% | -1.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.13% | 11.88% | -1.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.70% | 16.87% | -4.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.70% | 18.03% | -5.33% |
QQLV vs. SPTM - Expense Ratio Comparison
QQLV has a 0.25% expense ratio, which is higher than SPTM's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
QQLV vs. SPTM - Dividend Comparison
QQLV's dividend yield for the trailing twelve months is around 2.06%, more than SPTM's 1.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QQLV Invesco QQQ Low Volatility ETF | 2.06% | 1.84% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF | 1.04% | 1.13% | 1.28% | 1.44% | 1.69% | 1.25% | 1.56% | 1.72% | 1.90% | 1.66% | 1.91% | 1.92% |
Frequently Asked Questions
QQLV and SPTM have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SPTM has higher volatility (2.88%) compared to QQLV (2.66%). In terms of maximum drawdown, QQLV dropped -9.54% vs SPTM's -54.80%.
On 1-year performance, SPTM leads with 27.84% vs -1.95% for QQLV. On fees, SPTM is cheaper at 0.03% per year. On volatility, QQLV has been the lower-risk option at 2.66%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, SPTM has performed better with a 27.84% return vs -1.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SPTM is cheaper with a 0.03% expense ratio, compared with 0.25% for QQLV.
QQLV has the higher dividend yield at 2.06%, compared with 1.04% for SPTM.
QQLV tracks Nasdaq Low Volatility Index, while SPTM tracks S&P Composite 1500 Index. They also come from different issuers: Invesco and State Street. Their fees differ too: 0.25% for QQLV and 0.03% for SPTM.
SPTM currently has the higher Sharpe Ratio (2.36 vs -0.19), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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