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QVMT vs. IVV
Performance
Return for Risk
Dividends
Drawdowns
Volatility

QVMT vs. IVV

Last updated Apr 1, 2026

Compare and contrast key facts about Invesco S&P S&P 500 Concentrated QVM ETF (QVMT) and iShares Core S&P 500 ETF (IVV).

QVMT and IVV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QVMT is a passively managed fund by Invesco that tracks the performance of the S&P 500 Quality, Value & Momentum Multi-factor Index. It was launched on Oct 9, 2015. IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000. Both QVMT and IVV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

QVMT vs. IVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P S&P 500 Concentrated QVM ETF (QVMT) and iShares Core S&P 500 ETF (IVV). The values are adjusted to include any dividend payments, if applicable.

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QVMT vs. IVV - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
QVMT
Invesco S&P S&P 500 Concentrated QVM ETF		4.72%19.08%14.40%11.71%-5.61%35.27%-9.98%28.86%-9.51%18.77%
IVV
iShares Core S&P 500 ETF		-4.38%17.85%24.93%26.31%-18.16%28.76%18.40%31.07%-4.49%21.75%

Returns By Period

In the year-to-date period, QVMT achieves a 4.72% return, which is significantly higher than IVV's -4.38% return. Over the past 10 years, QVMT has underperformed IVV with an annualized return of 12.08%, while IVV has yielded a comparatively higher 14.02% annualized return.

QVMT

1D
2.18%
1M
-3.92%
YTD
4.72%
6M
9.66%
1Y
17.82%
3Y*
17.19%
5Y*
11.10%
10Y*
12.08%

IVV

1D
2.88%
1M
-4.99%
YTD
-4.38%
6M
-1.80%
1Y
17.69%
3Y*
18.29%
5Y*
11.76%
10Y*
14.02%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Invesco S&P S&P 500 Concentrated QVM ETF

iShares Core S&P 500 ETF

Often compared with QVMT:
QVMT vs. IGMQVMT vs. SPMOQVMT vs. XCLRQVMT vs. QDIVQVMT vs. VOOQVMT vs. PHDGQVMT vs. RSPU
Often compared with IVV:
IVV vs. VOOIVV vs. SPYIVV vs. FXAIXIVV vs. QQQIVV vs. VTIIVV vs. CSPX.LIVV vs. IOO

QVMT vs. IVV - Expense Ratio Comparison

QVMT has a 0.13% expense ratio, which is higher than IVV'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%.

QVMT
Invesco S&P S&P 500 Concentrated QVM ETF
IVV
iShares Core S&P 500 ETF

Return for Risk

QVMT vs. IVV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
QVMT
QVMT Risk / Return Rank: 5959
Overall Rank
QVMT Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
QVMT Sortino Ratio Rank: 5757
Sortino Ratio Rank
QVMT Omega Ratio Rank: 5656
Omega Ratio Rank
QVMT Calmar Ratio Rank: 6060
Calmar Ratio Rank
QVMT Martin Ratio Rank: 6363
Martin Ratio Rank
IVV
IVV Risk / Return Rank: 6565
Overall Rank
IVV Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
IVV Sortino Ratio Rank: 6262
Sortino Ratio Rank
IVV Omega Ratio Rank: 6666
Omega Ratio Rank
IVV Calmar Ratio Rank: 6565
Calmar Ratio Rank
IVV Martin Ratio Rank: 7575
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QVMT vs. IVV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P S&P 500 Concentrated QVM ETF (QVMT) and iShares Core S&P 500 ETF (IVV). 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.

QVMTIVVDifference

Sharpe ratio

Return per unit of total volatility

1.08

0.97

+0.10

Sortino ratio

Return per unit of downside risk

1.53

1.49

+0.04

Omega ratio

Gain probability vs. loss probability

1.22

1.23

-0.01

Calmar ratio

Return relative to maximum drawdown

1.57

1.53

+0.04

Martin ratio

Return relative to average drawdown

6.47

7.32

-0.85

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QVMT vs. IVV - Sharpe Ratio Comparison

The current QVMT Sharpe Ratio is 1.08, which is comparable to the IVV Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of QVMT and IVV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

QVMTIVVDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.08

0.97

+0.10

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.64

0.70

-0.06

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.57

0.78

-0.21

Sharpe Ratio (All Time)

Calculated using the full available price history

0.54

0.42

+0.11

Correlation

The correlation between QVMT and IVV is 0.65, 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.

Dividends

QVMT vs. IVV - Dividend Comparison

QVMT's dividend yield for the trailing twelve months is around 2.30%, more than IVV's 1.23% yield.

TTM20252024202320222021202020192018201720162015
QVMT
Invesco S&P S&P 500 Concentrated QVM ETF		2.30%2.42%2.71%3.05%2.49%2.31%2.70%2.23%2.48%2.37%1.11%0.54%
IVV
iShares Core S&P 500 ETF		1.23%1.17%1.30%1.44%1.66%1.20%1.57%1.85%2.21%1.75%2.01%2.27%

Drawdowns

QVMT vs. IVV - Drawdown Comparison

The maximum QVMT drawdown since its inception was -48.05%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for QVMT and IVV.

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Drawdown Indicators

QVMTIVVDifference

Max Drawdown

Largest peak-to-trough decline

-48.05%

-55.25%

+7.20%

Max Drawdown (1Y)

Largest decline over 1 year

-12.17%

-12.06%

-0.11%

Max Drawdown (5Y)

Largest decline over 5 years

-21.95%

-24.53%

+2.58%

Max Drawdown (10Y)

Largest decline over 10 years

-48.05%

-33.90%

-14.15%

Current Drawdown

Current decline from peak

-4.21%

-6.26%

+2.05%

Average Drawdown

Average peak-to-trough decline

-6.44%

-10.85%

+4.41%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.95%

2.53%

+0.42%

Volatility

QVMT vs. IVV - Volatility Comparison

The current volatility for Invesco S&P S&P 500 Concentrated QVM ETF (QVMT) is 4.36%, while iShares Core S&P 500 ETF (IVV) has a volatility of 5.30%. This indicates that QVMT experiences smaller price fluctuations and is considered to be less risky than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

QVMTIVVDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.36%

5.30%

-0.94%

Volatility (6M)

Calculated over the trailing 6-month period

9.47%

9.45%

+0.02%

Volatility (1Y)

Calculated over the trailing 1-year period

16.67%

18.31%

-1.64%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.34%

16.89%

+0.45%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.08%

18.04%

+3.04%