SPVM vs. VTV
Compare and contrast key facts about Invesco S&P 500 Value with Momentum ETF (SPVM) and Vanguard Value ETF (VTV).
SPVM and VTV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPVM is a passively managed fund by Invesco that tracks the performance of the S&P 500 High Momentum Value Index. It was launched on Jun 16, 2011. VTV is a passively managed fund by Vanguard that tracks the performance of the MSCI US Prime Market Value Index. It was launched on Jan 26, 2004. Both SPVM and VTV 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: SPVM or VTV.
Correlation
The correlation between SPVM and VTV is 0.84, 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
SPVM vs. VTV - Performance Comparison
Key characteristics
SPVM:
1.31
VTV:
1.75
SPVM:
1.98
VTV:
2.48
SPVM:
1.24
VTV:
1.31
SPVM:
1.83
VTV:
2.43
SPVM:
6.04
VTV:
9.31
SPVM:
2.87%
VTV:
1.95%
SPVM:
13.18%
VTV:
10.35%
SPVM:
-45.36%
VTV:
-59.27%
SPVM:
-7.23%
VTV:
-5.27%
Returns By Period
The year-to-date returns for both investments are quite close, with SPVM having a 16.97% return and VTV slightly higher at 17.32%. Over the past 10 years, SPVM has underperformed VTV with an annualized return of 9.08%, while VTV has yielded a comparatively higher 10.00% annualized return.
SPVM
16.97%
-6.44%
8.49%
17.30%
8.56%
9.08%
VTV
17.32%
-4.33%
7.83%
18.11%
10.19%
10.00%
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SPVM vs. VTV - Expense Ratio Comparison
SPVM has a 0.39% expense ratio, which is higher than VTV's 0.04% expense ratio.
Risk-Adjusted Performance
SPVM vs. VTV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Value with Momentum ETF (SPVM) and Vanguard Value ETF (VTV). 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
SPVM vs. VTV - Dividend Comparison
SPVM's dividend yield for the trailing twelve months is around 1.89%, less than VTV's 2.29% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPVM Invesco S&P 500 Value with Momentum ETF | 1.89% | 2.45% | 2.33% | 1.41% | 2.11% | 2.40% | 3.10% | 1.68% | 2.80% | 2.67% | 1.94% | 1.93% |
VTV Vanguard Value ETF | 2.29% | 2.46% | 2.52% | 2.15% | 2.56% | 2.50% | 2.73% | 2.29% | 2.44% | 2.60% | 2.22% | 2.21% |
Drawdowns
SPVM vs. VTV - Drawdown Comparison
The maximum SPVM drawdown since its inception was -45.36%, smaller than the maximum VTV drawdown of -59.27%. Use the drawdown chart below to compare losses from any high point for SPVM and VTV. For additional features, visit the drawdowns tool.
Volatility
SPVM vs. VTV - Volatility Comparison
Invesco S&P 500 Value with Momentum ETF (SPVM) has a higher volatility of 3.74% compared to Vanguard Value ETF (VTV) at 3.41%. This indicates that SPVM's price experiences larger fluctuations and is considered to be riskier than VTV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.