QSMLX vs. XSHQ
Compare and contrast key facts about AQR Small Cap Multi-Style Fund (QSMLX) and Invesco S&P SmallCap Quality ETF (XSHQ).
QSMLX is managed by AQR Funds. It was launched on Mar 26, 2013. XSHQ is a passively managed fund by Invesco that tracks the performance of the S&P SmallCap 600 Quality Index. It was launched on Apr 6, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QSMLX or XSHQ.
Correlation
The correlation between QSMLX and XSHQ is 0.87, 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.
Performance
QSMLX vs. XSHQ - Performance Comparison
Key characteristics
QSMLX:
-0.07
XSHQ:
0.27
QSMLX:
0.07
XSHQ:
0.54
QSMLX:
1.01
XSHQ:
1.06
QSMLX:
-0.08
XSHQ:
0.40
QSMLX:
-0.21
XSHQ:
0.98
QSMLX:
7.95%
XSHQ:
5.32%
QSMLX:
24.21%
XSHQ:
19.74%
QSMLX:
-51.24%
XSHQ:
-38.33%
QSMLX:
-19.59%
XSHQ:
-13.15%
Returns By Period
In the year-to-date period, QSMLX achieves a -2.06% return, which is significantly higher than XSHQ's -2.69% return.
QSMLX
-2.06%
-5.33%
-11.57%
-2.05%
5.87%
3.12%
XSHQ
-2.69%
-5.09%
-1.88%
4.97%
9.47%
N/A
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QSMLX vs. XSHQ - Expense Ratio Comparison
QSMLX has a 0.72% expense ratio, which is higher than XSHQ's 0.29% expense ratio.
Risk-Adjusted Performance
QSMLX vs. XSHQ — Risk-Adjusted Performance Rank
QSMLX
XSHQ
QSMLX vs. XSHQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AQR Small Cap Multi-Style Fund (QSMLX) and Invesco S&P SmallCap Quality ETF (XSHQ). 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.
Dividends
QSMLX vs. XSHQ - Dividend Comparison
QSMLX's dividend yield for the trailing twelve months is around 1.78%, more than XSHQ's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QSMLX AQR Small Cap Multi-Style Fund | 1.78% | 1.74% | 1.00% | 0.87% | 0.45% | 1.77% | 0.91% | 0.74% | 0.83% | 0.93% | 0.22% | 0.23% |
XSHQ Invesco S&P SmallCap Quality ETF | 1.21% | 1.18% | 1.15% | 2.02% | 1.25% | 1.24% | 1.11% | 1.16% | 0.79% | 0.00% | 0.00% | 0.00% |
Drawdowns
QSMLX vs. XSHQ - Drawdown Comparison
The maximum QSMLX drawdown since its inception was -51.24%, which is greater than XSHQ's maximum drawdown of -38.33%. Use the drawdown chart below to compare losses from any high point for QSMLX and XSHQ. For additional features, visit the drawdowns tool.
Volatility
QSMLX vs. XSHQ - Volatility Comparison
The current volatility for AQR Small Cap Multi-Style Fund (QSMLX) is 4.90%, while Invesco S&P SmallCap Quality ETF (XSHQ) has a volatility of 5.37%. This indicates that QSMLX experiences smaller price fluctuations and is considered to be less risky than XSHQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.