QWLD vs. QVML
Compare and contrast key facts about SPDR MSCI World StrategicFactors ETF (QWLD) and Invesco S&P 500 QVM Multi-factor ETF (QVML).
QWLD and QVML are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QWLD is a passively managed fund by State Street that tracks the performance of the MSCI World Factor Mix A-Series (USD). It was launched on Jun 4, 2014. 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. Both QWLD and QVML are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QWLD or QVML.
Correlation
The correlation between QWLD and QVML is 0.94, 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
QWLD vs. QVML - Performance Comparison
Key characteristics
QWLD:
0.73
QVML:
0.53
QWLD:
1.13
QVML:
0.87
QWLD:
1.16
QVML:
1.13
QWLD:
0.85
QVML:
0.55
QWLD:
4.22
QVML:
2.36
QWLD:
2.50%
QVML:
4.39%
QWLD:
14.50%
QVML:
19.69%
QWLD:
-31.89%
QVML:
-23.53%
QWLD:
-3.36%
QVML:
-9.72%
Returns By Period
In the year-to-date period, QWLD achieves a 2.24% return, which is significantly higher than QVML's -4.88% return.
QWLD
2.24%
-1.59%
0.44%
10.52%
13.16%
11.93%
QVML
-4.88%
-3.61%
-3.82%
9.56%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
QWLD vs. QVML - Expense Ratio Comparison
QWLD has a 0.30% expense ratio, which is higher than QVML's 0.11% expense ratio.
Risk-Adjusted Performance
QWLD vs. QVML — Risk-Adjusted Performance Rank
QWLD
QVML
QWLD vs. QVML - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World StrategicFactors ETF (QWLD) and Invesco S&P 500 QVM Multi-factor ETF (QVML). 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
QWLD vs. QVML - Dividend Comparison
QWLD's dividend yield for the trailing twelve months is around 1.70%, more than QVML's 1.26% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QWLD SPDR MSCI World StrategicFactors ETF | 1.70% | 1.74% | 1.78% | 2.02% | 1.77% | 1.77% | 2.13% | 2.33% | 2.73% | 2.22% | 3.42% | 1.02% |
QVML Invesco S&P 500 QVM Multi-factor ETF | 1.26% | 1.15% | 1.43% | 1.72% | 0.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
QWLD vs. QVML - Drawdown Comparison
The maximum QWLD drawdown since its inception was -31.89%, which is greater than QVML's maximum drawdown of -23.53%. Use the drawdown chart below to compare losses from any high point for QWLD and QVML. For additional features, visit the drawdowns tool.
Volatility
QWLD vs. QVML - Volatility Comparison
The current volatility for SPDR MSCI World StrategicFactors ETF (QWLD) is 10.82%, while Invesco S&P 500 QVM Multi-factor ETF (QVML) has a volatility of 14.77%. This indicates that QWLD experiences smaller price fluctuations and is considered to be less risky than QVML based on this measure. The chart below showcases a comparison of their rolling one-month volatility.