SPVU vs. DE

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco S&P 500 Enhanced Value ETF (SPVU) and Deere & Company (DE).

SPVU is a passively managed fund by Invesco that tracks the performance of the S&P 500 Enhanced Value Index. It was launched on Oct 9, 2015.

Performance

SPVU vs. DE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P 500 Enhanced Value ETF (SPVU) and Deere & Company (DE). The values are adjusted to include any dividend payments, if applicable.

SPVU vs. DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SPVU Invesco S&P 500 Enhanced Value ETF	5.51%	19.08%	14.40%	11.71%	-5.61%	35.27%	-9.98%	28.86%	-9.51%	18.77%
DE Deere & Company	22.94%	11.39%	7.56%	-5.48%	26.59%	28.86%	57.96%	18.30%	-2.90%	54.83%

Returns By Period

In the year-to-date period, SPVU achieves a 5.51% return, which is significantly lower than DE's 22.94% return. Over the past 10 years, SPVU has underperformed DE with an annualized return of 12.17%, while DE has yielded a comparatively higher 24.25% annualized return.

SPVU

• 1D: 0.76%
• 1M: -3.49%
• YTD: 5.51%
• 6M: 10.86%
• 1Y: 18.92%
• 3Y*: 17.49%
• 5Y*: 11.27%
• 10Y*: 12.17%

DE

• 1D: 1.31%
• 1M: -9.27%
• YTD: 22.94%
• 6M: 27.14%
• 1Y: 20.84%
• 3Y*: 12.95%
• 5Y*: 10.37%
• 10Y*: 24.25%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

SPVU vs. DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SPVU

SPVU Risk / Return Rank: 56
SPVU Sharpe Ratio Rank: 60
SPVU Sortino Ratio Rank: 58
SPVU Omega Ratio Rank: 57
SPVU Calmar Ratio Rank: 51
SPVU Martin Ratio Rank: 55

DE

DE Risk / Return Rank: 64
DE Sharpe Ratio Rank: 65
DE Sortino Ratio Rank: 62
DE Omega Ratio Rank: 58
DE Calmar Ratio Rank: 68
DE Martin Ratio Rank: 66

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SPVU vs. DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Enhanced Value ETF (SPVU) and Deere & Company (DE). 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.

	SPVU	DE	Difference
Sharpe ratio Return per unit of total volatility	1.14	0.70	+0.45
Sortino ratio Return per unit of downside risk	1.61	1.28	+0.33
Omega ratio Gain probability vs. loss probability	1.23	1.15	+0.07
Calmar ratio Return relative to maximum drawdown	1.54	1.38	+0.16
Martin ratio Return relative to average drawdown	6.33	2.79	+3.54
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPVU vs. DE - Sharpe Ratio Comparison

The current SPVU Sharpe Ratio is 1.14, which is higher than the DE Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of SPVU and DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SPVU	DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.14	0.70	+0.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	0.36	+0.29
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.58	0.81	-0.23
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.39	+0.16

Correlation

The correlation between SPVU and DE is 0.55, 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.

Dividends

SPVU vs. DE - Dividend Comparison

SPVU's dividend yield for the trailing twelve months is around 2.28%, more than DE's 1.14% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SPVU Invesco S&P 500 Enhanced Value ETF	2.28%	2.42%	2.71%	3.05%	2.49%	2.31%	2.70%	2.23%	2.48%	2.37%	1.11%	0.54%
DE Deere & Company	1.14%	1.39%	1.42%	1.33%	1.05%	1.14%	1.13%	1.75%	1.84%	1.53%	2.33%	3.15%

Drawdowns

SPVU vs. DE - Drawdown Comparison

The maximum SPVU drawdown since its inception was -48.05%, smaller than the maximum DE drawdown of -73.27%. Use the drawdown chart below to compare losses from any high point for SPVU and DE.

Drawdown Indicators

	SPVU	DE	Difference
Max Drawdown Largest peak-to-trough decline	-48.05%	-73.27%	+25.22%
Max Drawdown (1Y) Largest decline over 1 year	-12.17%	-16.83%	+4.66%
Max Drawdown (5Y) Largest decline over 5 years	-21.95%	-33.81%	+11.86%
Max Drawdown (10Y) Largest decline over 10 years	-48.05%	-37.91%	-10.14%
Current Drawdown Current decline from peak	-3.49%	-13.60%	+10.11%
Average Drawdown Average peak-to-trough decline	-6.43%	-18.64%	+12.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.96%	8.31%	-5.35%

Volatility

SPVU vs. DE - Volatility Comparison

The current volatility for Invesco S&P 500 Enhanced Value ETF (SPVU) is 4.26%, while Deere & Company (DE) has a volatility of 7.16%. This indicates that SPVU experiences smaller price fluctuations and is considered to be less risky than DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPVU	DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.26%	7.16%	-2.90%
Volatility (6M) Calculated over the trailing 6-month period	9.49%	21.48%	-11.99%
Volatility (1Y) Calculated over the trailing 1-year period	16.65%	30.15%	-13.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.34%	28.87%	-11.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.08%	30.20%	-9.12%