ROUS vs. SPHQ
Compare and contrast key facts about Hartford Multifactor US Equity ETF (ROUS) and Invesco S&P 500® Quality ETF (SPHQ).
ROUS and SPHQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ROUS is a passively managed fund by The Hartford that tracks the performance of the Hartford Multi-factor Large Cap Index. It was launched on Feb 25, 2015. SPHQ is a passively managed fund by Invesco that tracks the performance of the S&P 500 High Quality Rankings Index. It was launched on Dec 6, 2005. Both ROUS and SPHQ 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: ROUS or SPHQ.
Key characteristics
| ROUS | SPHQ | |
|---|---|---|
| YTD Return | 21.85% | 26.84% |
| 1Y Return | 29.38% | 33.24% |
| 3Y Return (Ann) | 9.25% | 10.65% |
| 5Y Return (Ann) | 12.06% | 15.99% |
| Sharpe Ratio | 2.80 | 2.79 |
| Sortino Ratio | 3.95 | 3.87 |
| Omega Ratio | 1.51 | 1.51 |
| Calmar Ratio | 5.42 | 5.37 |
| Martin Ratio | 17.68 | 20.87 |
| Ulcer Index | 1.66% | 1.59% |
| Daily Std Dev | 10.44% | 11.89% |
| Max Drawdown | -35.51% | -57.83% |
| Current Drawdown | -1.52% | -0.88% |
Correlation
The correlation between ROUS and SPHQ is 0.80, 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
ROUS vs. SPHQ - Performance Comparison
In the year-to-date period, ROUS achieves a 21.85% return, which is significantly lower than SPHQ's 26.84% return. 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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ROUS vs. SPHQ - Expense Ratio Comparison
ROUS has a 0.19% expense ratio, which is higher than SPHQ's 0.15% 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%.
Risk-Adjusted Performance
ROUS vs. SPHQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford Multifactor US Equity ETF (ROUS) and Invesco S&P 500® Quality ETF (SPHQ). 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
ROUS vs. SPHQ - Dividend Comparison
ROUS's dividend yield for the trailing twelve months is around 1.49%, more than SPHQ's 1.14% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ROUS Hartford Multifactor US Equity ETF | 1.49% | 1.91% | 1.88% | 1.38% | 2.01% | 2.12% | 1.89% | 1.54% | 1.97% | 1.62% | 0.00% | 0.00% |
SPHQ Invesco S&P 500® Quality ETF | 1.14% | 1.43% | 1.85% | 1.19% | 1.56% | 1.50% | 1.86% | 1.57% | 1.68% | 2.29% | 1.66% | 1.99% |
Drawdowns
ROUS vs. SPHQ - Drawdown Comparison
The maximum ROUS drawdown since its inception was -35.51%, smaller than the maximum SPHQ drawdown of -57.83%. Use the drawdown chart below to compare losses from any high point for ROUS and SPHQ. For additional features, visit the drawdowns tool.
Volatility
ROUS vs. SPHQ - Volatility Comparison
Hartford Multifactor US Equity ETF (ROUS) has a higher volatility of 3.77% compared to Invesco S&P 500® Quality ETF (SPHQ) at 3.23%. This indicates that ROUS's price experiences larger fluctuations and is considered to be riskier than SPHQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.