WGROX vs. SPHQ
Compare and contrast key facts about Wasatch Core Growth Fund (WGROX) and Invesco S&P 500® Quality ETF (SPHQ).
WGROX is managed by Wasatch. It was launched on Dec 8, 1986. SPHQ is a passively managed fund by Invesco that tracks the performance of the S&P 500 High Quality Rankings Index. It was launched on Dec 6, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WGROX or SPHQ.
Key characteristics
| WGROX | SPHQ | |
|---|---|---|
| YTD Return | 23.41% | 27.88% |
| 1Y Return | 49.44% | 36.21% |
| 3Y Return (Ann) | -2.70% | 11.02% |
| 5Y Return (Ann) | 6.90% | 16.37% |
| 10Y Return (Ann) | 6.28% | 13.64% |
| Sharpe Ratio | 2.81 | 3.20 |
| Sortino Ratio | 3.84 | 4.41 |
| Omega Ratio | 1.48 | 1.59 |
| Calmar Ratio | 1.32 | 6.25 |
| Martin Ratio | 15.17 | 24.30 |
| Ulcer Index | 3.40% | 1.59% |
| Daily Std Dev | 18.37% | 11.97% |
| Max Drawdown | -68.90% | -57.83% |
| Current Drawdown | -8.77% | -0.06% |
Correlation
The correlation between WGROX and SPHQ is 0.81, 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
WGROX vs. SPHQ - Performance Comparison
In the year-to-date period, WGROX achieves a 23.41% return, which is significantly lower than SPHQ's 27.88% return. Over the past 10 years, WGROX has underperformed SPHQ with an annualized return of 6.28%, while SPHQ has yielded a comparatively higher 13.64% annualized return. 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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WGROX vs. SPHQ - Expense Ratio Comparison
WGROX has a 1.17% expense ratio, which is higher than SPHQ's 0.15% expense ratio.
Risk-Adjusted Performance
WGROX vs. SPHQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Wasatch Core Growth Fund (WGROX) and Invesco S&P 500® Quality ETF (SPHQ). 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
WGROX vs. SPHQ - Dividend Comparison
WGROX has not paid dividends to shareholders, while SPHQ's dividend yield for the trailing twelve months is around 1.13%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WGROX Wasatch Core Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPHQ Invesco S&P 500® Quality ETF | 1.13% | 1.43% | 1.85% | 1.19% | 1.56% | 1.50% | 1.86% | 1.57% | 1.68% | 2.29% | 1.66% | 1.99% |
Drawdowns
WGROX vs. SPHQ - Drawdown Comparison
The maximum WGROX drawdown since its inception was -68.90%, which is greater than SPHQ's maximum drawdown of -57.83%. Use the drawdown chart below to compare losses from any high point for WGROX and SPHQ. For additional features, visit the drawdowns tool.
Volatility
WGROX vs. SPHQ - Volatility Comparison
Wasatch Core Growth Fund (WGROX) has a higher volatility of 5.46% compared to Invesco S&P 500® Quality ETF (SPHQ) at 3.39%. This indicates that WGROX's price experiences larger fluctuations and is considered to be riskier than SPHQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.