SQLV vs. XSVM
Compare and contrast key facts about Legg Mason Small-Cap Quality Value ETF (SQLV) and Invesco S&P SmallCap Value with Momentum ETF (XSVM).
SQLV and XSVM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SQLV is a passively managed fund by Franklin Templeton that tracks the performance of the Royce Small-Cap Quality Value Index. It was launched on Jul 12, 2017. XSVM is a passively managed fund by Invesco that tracks the performance of the S&P SmallCap 600 Index. It was launched on Mar 3, 2005. Both SQLV and XSVM 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: SQLV or XSVM.
Key characteristics
| SQLV | XSVM | |
|---|---|---|
| YTD Return | 9.97% | 10.02% |
| 1Y Return | 30.88% | 29.72% |
| 3Y Return (Ann) | 4.06% | 3.02% |
| 5Y Return (Ann) | 12.71% | 14.38% |
| Sharpe Ratio | 1.46 | 1.29 |
| Sortino Ratio | 2.24 | 2.04 |
| Omega Ratio | 1.27 | 1.24 |
| Calmar Ratio | 2.09 | 1.83 |
| Martin Ratio | 6.85 | 5.27 |
| Ulcer Index | 4.37% | 5.49% |
| Daily Std Dev | 20.50% | 22.42% |
| Max Drawdown | -48.35% | -62.57% |
| Current Drawdown | -0.83% | -0.68% |
Correlation
The correlation between SQLV and XSVM is 0.71, 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
SQLV vs. XSVM - Performance Comparison
The year-to-date returns for both investments are quite close, with SQLV having a 9.97% return and XSVM slightly higher at 10.02%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SQLV vs. XSVM - Expense Ratio Comparison
SQLV has a 0.62% expense ratio, which is higher than XSVM's 0.39% expense ratio.
Risk-Adjusted Performance
SQLV vs. XSVM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Legg Mason Small-Cap Quality Value ETF (SQLV) and Invesco S&P SmallCap Value with Momentum ETF (XSVM). 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
SQLV vs. XSVM - Dividend Comparison
SQLV's dividend yield for the trailing twelve months is around 1.06%, less than XSVM's 1.55% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SQLV Legg Mason Small-Cap Quality Value ETF | 1.06% | 1.09% | 1.24% | 1.12% | 1.22% | 1.20% | 1.08% | 0.40% | 0.00% | 0.00% | 0.00% | 0.00% |
XSVM Invesco S&P SmallCap Value with Momentum ETF | 1.55% | 1.31% | 1.79% | 1.23% | 1.21% | 1.22% | 2.54% | 1.90% | 2.29% | 2.68% | 1.32% | 1.15% |
Drawdowns
SQLV vs. XSVM - Drawdown Comparison
The maximum SQLV drawdown since its inception was -48.35%, smaller than the maximum XSVM drawdown of -62.57%. Use the drawdown chart below to compare losses from any high point for SQLV and XSVM. For additional features, visit the drawdowns tool.
Volatility
SQLV vs. XSVM - Volatility Comparison
The current volatility for Legg Mason Small-Cap Quality Value ETF (SQLV) is 7.83%, while Invesco S&P SmallCap Value with Momentum ETF (XSVM) has a volatility of 9.69%. This indicates that SQLV experiences smaller price fluctuations and is considered to be less risky than XSVM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.