SPMV vs. VUAA.L
Compare and contrast key facts about Invesco S&P 500 Minimum Variance ETF (SPMV) and Vanguard S&P 500 UCITS ETF (VUAA.L).
SPMV and VUAA.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPMV is a passively managed fund by Invesco that tracks the performance of the S&P 500 Minimum Volatility Index. It was launched on Jul 13, 2017. VUAA.L is a passively managed fund by Vanguard Group (Ireland) Limited that tracks the performance of the S&P 500 Index. It was launched on May 14, 2019. Both SPMV and VUAA.L 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: SPMV or VUAA.L.
Correlation
The correlation between SPMV and VUAA.L is 0.52, 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.
Performance
SPMV vs. VUAA.L - Performance Comparison
Key characteristics
SPMV:
2.01
VUAA.L:
1.86
SPMV:
2.78
VUAA.L:
2.56
SPMV:
1.36
VUAA.L:
1.35
SPMV:
3.27
VUAA.L:
2.97
SPMV:
10.53
VUAA.L:
11.61
SPMV:
1.90%
VUAA.L:
1.97%
SPMV:
9.95%
VUAA.L:
12.30%
SPMV:
-33.17%
VUAA.L:
-34.05%
SPMV:
-0.50%
VUAA.L:
-0.02%
Returns By Period
In the year-to-date period, SPMV achieves a 4.35% return, which is significantly higher than VUAA.L's 3.21% return.
SPMV
4.35%
4.17%
6.89%
18.23%
9.43%
N/A
VUAA.L
3.21%
3.36%
10.96%
23.47%
14.04%
N/A
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SPMV vs. VUAA.L - Expense Ratio Comparison
SPMV has a 0.10% expense ratio, which is higher than VUAA.L's 0.07% 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
SPMV vs. VUAA.L — Risk-Adjusted Performance Rank
SPMV
VUAA.L
SPMV vs. VUAA.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Minimum Variance ETF (SPMV) and Vanguard S&P 500 UCITS ETF (VUAA.L). 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
SPMV vs. VUAA.L - Dividend Comparison
SPMV's dividend yield for the trailing twelve months is around 1.46%, while VUAA.L has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
SPMV Invesco S&P 500 Minimum Variance ETF | 1.46% | 1.53% | 2.28% | 1.79% | 1.28% | 1.71% | 3.13% | 4.17% | 1.72% |
VUAA.L Vanguard S&P 500 UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SPMV vs. VUAA.L - Drawdown Comparison
The maximum SPMV drawdown since its inception was -33.17%, roughly equal to the maximum VUAA.L drawdown of -34.05%. Use the drawdown chart below to compare losses from any high point for SPMV and VUAA.L. For additional features, visit the drawdowns tool.
Volatility
SPMV vs. VUAA.L - Volatility Comparison
The current volatility for Invesco S&P 500 Minimum Variance ETF (SPMV) is 2.64%, while Vanguard S&P 500 UCITS ETF (VUAA.L) has a volatility of 3.86%. This indicates that SPMV experiences smaller price fluctuations and is considered to be less risky than VUAA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.