VLU vs. EWMC
Compare and contrast key facts about SPDR S&P 1500 Value Tilt ETF (VLU) and Invesco S&P MidCap 400® Equal Weight ETF (EWMC).
VLU and EWMC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VLU is a passively managed fund by State Street that tracks the performance of the S&P 1500 Low Valuation Tilt Index. It was launched on Oct 24, 2012. EWMC is a passively managed fund by Invesco that tracks the performance of the S&P MidCap 400 Equal Weight Index. It was launched on Dec 8, 2010. Both VLU and EWMC 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: VLU or EWMC.
Key characteristics
| VLU | EWMC |
|---|
Correlation
The correlation between VLU and EWMC is 0.68, 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
VLU vs. EWMC - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VLU vs. EWMC - Expense Ratio Comparison
VLU has a 0.12% expense ratio, which is lower than EWMC's 0.40% expense ratio.
Risk-Adjusted Performance
VLU vs. EWMC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P 1500 Value Tilt ETF (VLU) and Invesco S&P MidCap 400® Equal Weight ETF (EWMC). 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
VLU vs. EWMC - Dividend Comparison
VLU's dividend yield for the trailing twelve months is around 1.87%, while EWMC has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VLU SPDR S&P 1500 Value Tilt ETF | 1.87% | 2.02% | 2.16% | 1.86% | 1.98% | 2.19% | 2.57% | 1.96% | 2.14% | 6.37% | 5.42% | 3.41% |
EWMC Invesco S&P MidCap 400® Equal Weight ETF | 0.92% | 0.96% | 0.11% | 0.92% | 1.16% | 1.25% | 0.75% | 1.14% | 0.03% | 1.43% | 1.28% | 1.01% |
Drawdowns
VLU vs. EWMC - Drawdown Comparison
Volatility
VLU vs. EWMC - Volatility Comparison
SPDR S&P 1500 Value Tilt ETF (VLU) has a higher volatility of 2.53% compared to Invesco S&P MidCap 400® Equal Weight ETF (EWMC) at 0.00%. This indicates that VLU's price experiences larger fluctuations and is considered to be riskier than EWMC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.