QVML vs. PLRG
Compare and contrast key facts about Invesco S&P 500 QVM Multi-factor ETF (QVML) and Principal US Large-Cap Adaptive Multi-Factor ETF (PLRG).
QVML and PLRG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QVML is a passively managed fund by Invesco that tracks the performance of the S&P 500 Quality, Value &Momentum Top 90% Multi-Factor Index - Benchmark TR Gross. It was launched on Jun 30, 2021. PLRG is an actively managed fund by Principal. It was launched on May 19, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QVML or PLRG.
Key characteristics
| QVML | PLRG |
|---|
Correlation
The correlation between QVML and PLRG is 0.83, 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
QVML vs. PLRG - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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QVML vs. PLRG - Expense Ratio Comparison
QVML has a 0.11% expense ratio, which is lower than PLRG's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
QVML vs. PLRG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 QVM Multi-factor ETF (QVML) and Principal US Large-Cap Adaptive Multi-Factor ETF (PLRG). 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
QVML vs. PLRG - Dividend Comparison
QVML's dividend yield for the trailing twelve months is around 1.11%, while PLRG has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
QVML Invesco S&P 500 QVM Multi-factor ETF | 1.11% | 1.43% | 1.72% | 0.62% |
PLRG Principal US Large-Cap Adaptive Multi-Factor ETF | 0.00% | 1.05% | 2.65% | 0.52% |
Drawdowns
QVML vs. PLRG - Drawdown Comparison
Volatility
QVML vs. PLRG - Volatility Comparison
Invesco S&P 500 QVM Multi-factor ETF (QVML) has a higher volatility of 3.88% compared to Principal US Large-Cap Adaptive Multi-Factor ETF (PLRG) at 0.00%. This indicates that QVML's price experiences larger fluctuations and is considered to be riskier than PLRG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.