SPHQ vs. JQUA
Compare and contrast key facts about Invesco S&P 500® Quality ETF (SPHQ) and JPMorgan U.S. Quality Factor ETF (JQUA).
SPHQ and JQUA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. JQUA is a passively managed fund by JPMorgan Chase that tracks the performance of the JP Morgan US Quality Factor Index. It was launched on Nov 8, 2017. Both SPHQ and JQUA 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: SPHQ or JQUA.
Correlation
The correlation between SPHQ and JQUA is 0.90, 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
SPHQ vs. JQUA - Performance Comparison
Loading data...
Key characteristics
SPHQ:
0.84
JQUA:
0.74
SPHQ:
1.32
JQUA:
1.13
SPHQ:
1.19
JQUA:
1.16
SPHQ:
0.91
JQUA:
0.75
SPHQ:
3.74
JQUA:
3.01
SPHQ:
4.03%
JQUA:
4.21%
SPHQ:
17.52%
JQUA:
17.51%
SPHQ:
-57.83%
JQUA:
-32.92%
SPHQ:
-1.99%
JQUA:
-3.62%
Returns By Period
In the year-to-date period, SPHQ achieves a 4.13% return, which is significantly higher than JQUA's 2.22% return.
SPHQ
4.13%
12.79%
4.21%
14.56%
18.25%
16.95%
13.22%
JQUA
2.22%
11.69%
1.51%
12.83%
16.88%
16.42%
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.
SPHQ vs. JQUA - Expense Ratio Comparison
SPHQ has a 0.15% expense ratio, which is higher than JQUA's 0.12% 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
SPHQ vs. JQUA — Risk-Adjusted Performance Rank
SPHQ
JQUA
SPHQ vs. JQUA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500® Quality ETF (SPHQ) and JPMorgan U.S. Quality Factor ETF (JQUA). 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.
Loading data...
Dividends
SPHQ vs. JQUA - Dividend Comparison
SPHQ's dividend yield for the trailing twelve months is around 1.10%, less than JQUA's 1.29% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPHQ Invesco S&P 500® Quality ETF | 1.10% | 1.15% | 1.43% | 1.85% | 1.19% | 1.56% | 1.50% | 1.86% | 1.57% | 1.68% | 2.29% | 1.66% |
JQUA JPMorgan U.S. Quality Factor ETF | 1.29% | 1.24% | 1.22% | 1.60% | 1.32% | 1.44% | 1.67% | 2.10% | 0.40% | 0.00% | 0.00% | 0.00% |
Drawdowns
SPHQ vs. JQUA - Drawdown Comparison
The maximum SPHQ drawdown since its inception was -57.83%, which is greater than JQUA's maximum drawdown of -32.92%. Use the drawdown chart below to compare losses from any high point for SPHQ and JQUA. For additional features, visit the drawdowns tool.
Loading data...
Volatility
SPHQ vs. JQUA - Volatility Comparison
The current volatility for Invesco S&P 500® Quality ETF (SPHQ) is 3.97%, while JPMorgan U.S. Quality Factor ETF (JQUA) has a volatility of 4.44%. This indicates that SPHQ experiences smaller price fluctuations and is considered to be less risky than JQUA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...