SXQG vs. GARP
Compare and contrast key facts about ETC 6 Meridian Quality Growth ETF (SXQG) and iShares MSCI USA Quality GARP ETF (GARP).
SXQG and GARP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SXQG is an actively managed fund by Meridian. It was launched on May 10, 2021. GARP is a passively managed fund by iShares that tracks the performance of the MSCI USA Quality GARP Select Index. It was launched on Jan 14, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SXQG or GARP.
Correlation
The correlation between SXQG and GARP is 0.93, 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
SXQG vs. GARP - Performance Comparison
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Key characteristics
SXQG:
0.64
GARP:
0.77
SXQG:
1.11
GARP:
1.23
SXQG:
1.15
GARP:
1.17
SXQG:
0.70
GARP:
0.89
SXQG:
2.46
GARP:
2.97
SXQG:
5.56%
GARP:
7.08%
SXQG:
19.75%
GARP:
26.93%
SXQG:
-33.97%
GARP:
-31.34%
SXQG:
-5.22%
GARP:
-3.46%
Returns By Period
In the year-to-date period, SXQG achieves a 0.08% return, which is significantly lower than GARP's 1.64% return.
SXQG
0.08%
9.57%
-2.82%
12.60%
N/A
N/A
GARP
1.64%
16.50%
1.86%
20.54%
20.84%
N/A
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SXQG vs. GARP - Expense Ratio Comparison
SXQG has a 1.00% expense ratio, which is higher than GARP's 0.15% expense ratio.
Risk-Adjusted Performance
SXQG vs. GARP — Risk-Adjusted Performance Rank
SXQG
GARP
SXQG vs. GARP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ETC 6 Meridian Quality Growth ETF (SXQG) and iShares MSCI USA Quality GARP ETF (GARP). 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.
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Dividends
SXQG vs. GARP - Dividend Comparison
SXQG's dividend yield for the trailing twelve months is around 0.07%, less than GARP's 0.41% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
SXQG ETC 6 Meridian Quality Growth ETF | 0.07% | 0.00% | 0.02% | 0.09% | 0.00% | 0.00% |
GARP iShares MSCI USA Quality GARP ETF | 0.41% | 0.39% | 0.75% | 1.85% | 0.67% | 0.75% |
Drawdowns
SXQG vs. GARP - Drawdown Comparison
The maximum SXQG drawdown since its inception was -33.97%, which is greater than GARP's maximum drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for SXQG and GARP. For additional features, visit the drawdowns tool.
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Volatility
SXQG vs. GARP - Volatility Comparison
The current volatility for ETC 6 Meridian Quality Growth ETF (SXQG) is 6.20%, while iShares MSCI USA Quality GARP ETF (GARP) has a volatility of 8.10%. This indicates that SXQG experiences smaller price fluctuations and is considered to be less risky than GARP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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