XME vs. SQLV
Compare and contrast key facts about SPDR S&P Metals & Mining ETF (XME) and Royce Quant Small-Cap Quality Value ETF (SQLV).
XME and SQLV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XME is a passively managed fund by State Street that tracks the performance of the S&P Metals & Mining Select Industry Index. It was launched on Jun 19, 2006. SQLV is an actively managed fund by Franklin Templeton. It was launched on Jul 12, 2017.
Performance
XME vs. SQLV - Performance Comparison
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XME vs. SQLV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XME SPDR S&P Metals & Mining ETF | 4.31% | 83.47% | -4.54% | 21.51% | 13.13% | 34.92% | 15.95% | 14.69% | -26.78% | 18.72% |
SQLV Royce Quant Small-Cap Quality Value ETF | 2.33% | 2.50% | 4.76% | 21.21% | -12.86% | 37.14% | 7.13% | 17.41% | -10.55% | 8.51% |
Returns By Period
In the year-to-date period, XME achieves a 4.31% return, which is significantly higher than SQLV's 2.33% return.
XME
- 1D
- 4.40%
- 1M
- -9.45%
- YTD
- 4.31%
- 6M
- 16.12%
- 1Y
- 93.75%
- 3Y*
- 27.50%
- 5Y*
- 22.88%
- 10Y*
- 19.54%
SQLV
- 1D
- 1.41%
- 1M
- -3.07%
- YTD
- 2.33%
- 6M
- 3.74%
- 1Y
- 17.85%
- 3Y*
- 8.87%
- 5Y*
- 5.25%
- 10Y*
- —
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XME vs. SQLV - Expense Ratio Comparison
XME has a 0.35% expense ratio, which is lower than SQLV's 0.60% expense ratio.
Return for Risk
XME vs. SQLV — Risk / Return Rank
XME
SQLV
XME vs. SQLV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Metals & Mining ETF (XME) and Royce Quant Small-Cap Quality Value ETF (SQLV). 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.
| XME | SQLV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.63 | 0.81 | +1.82 |
Sortino ratioReturn per unit of downside risk | 3.07 | 1.29 | +1.79 |
Omega ratioGain probability vs. loss probability | 1.42 | 1.16 | +0.25 |
Calmar ratioReturn relative to maximum drawdown | 4.05 | 1.37 | +2.68 |
Martin ratioReturn relative to average drawdown | 11.64 | 4.69 | +6.95 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XME | SQLV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.63 | 0.81 | +1.82 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | 0.25 | +0.46 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 0.34 | -0.18 |
Correlation
The correlation between XME and SQLV is 0.56, 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
XME vs. SQLV - Dividend Comparison
XME's dividend yield for the trailing twelve months is around 0.35%, less than SQLV's 1.11% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XME SPDR S&P Metals & Mining ETF | 0.35% | 0.38% | 0.65% | 1.00% | 1.64% | 0.70% | 0.99% | 2.43% | 2.23% | 1.15% | 1.02% | 2.61% |
SQLV Royce Quant Small-Cap Quality Value ETF | 1.11% | 1.15% | 1.11% | 1.09% | 1.24% | 1.12% | 1.22% | 1.20% | 1.08% | 0.40% | 0.00% | 0.00% |
Drawdowns
XME vs. SQLV - Drawdown Comparison
The maximum XME drawdown since its inception was -85.89%, which is greater than SQLV's maximum drawdown of -48.34%. Use the drawdown chart below to compare losses from any high point for XME and SQLV.
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Drawdown Indicators
| XME | SQLV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.89% | -48.34% | -37.55% |
Max Drawdown (1Y)Largest decline over 1 year | -22.60% | -12.92% | -9.68% |
Max Drawdown (5Y)Largest decline over 5 years | -37.27% | -26.86% | -10.41% |
Max Drawdown (10Y)Largest decline over 10 years | -61.69% | — | — |
Current DrawdownCurrent decline from peak | -17.77% | -5.16% | -12.61% |
Average DrawdownAverage peak-to-trough decline | -44.45% | -9.10% | -35.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.87% | 3.79% | +4.08% |
Volatility
XME vs. SQLV - Volatility Comparison
SPDR S&P Metals & Mining ETF (XME) has a higher volatility of 11.55% compared to Royce Quant Small-Cap Quality Value ETF (SQLV) at 5.25%. This indicates that XME's price experiences larger fluctuations and is considered to be riskier than SQLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XME | SQLV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.55% | 5.25% | +6.30% |
Volatility (6M)Calculated over the trailing 6-month period | 28.02% | 12.40% | +15.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.81% | 22.07% | +13.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.46% | 21.04% | +11.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.98% | 23.50% | +9.48% |