XMHQ vs. IWY
Compare and contrast key facts about Invesco S&P MidCap Quality ETF (XMHQ) and iShares Russell Top 200 Growth ETF (IWY).
XMHQ and IWY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XMHQ is a passively managed fund by Invesco that tracks the performance of the S&P MidCap 400 Index. It was launched on Dec 1, 2006. IWY is a passively managed fund by iShares that tracks the performance of the Russell Top 200 Growth Index. It was launched on Sep 22, 2009. Both XMHQ and IWY 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: XMHQ or IWY.
Performance
XMHQ vs. IWY - Performance Comparison
Returns By Period
In the year-to-date period, XMHQ achieves a 20.94% return, which is significantly lower than IWY's 29.23% return. Over the past 10 years, XMHQ has underperformed IWY with an annualized return of 12.04%, while IWY has yielded a comparatively higher 17.41% annualized return.
XMHQ
20.94%
-2.45%
-1.15%
31.16%
16.79%
12.04%
IWY
29.23%
1.55%
13.28%
35.29%
20.44%
17.41%
Key characteristics
| XMHQ | IWY | |
|---|---|---|
| Sharpe Ratio | 1.69 | 2.07 |
| Sortino Ratio | 2.43 | 2.71 |
| Omega Ratio | 1.29 | 1.38 |
| Calmar Ratio | 2.93 | 2.59 |
| Martin Ratio | 7.18 | 9.85 |
| Ulcer Index | 4.21% | 3.64% |
| Daily Std Dev | 17.85% | 17.32% |
| Max Drawdown | -58.19% | -32.68% |
| Current Drawdown | -4.01% | -2.88% |
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XMHQ vs. IWY - Expense Ratio Comparison
XMHQ has a 0.25% expense ratio, which is higher than IWY's 0.20% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between XMHQ and IWY is 0.66, 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.
Risk-Adjusted Performance
XMHQ vs. IWY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P MidCap Quality ETF (XMHQ) and iShares Russell Top 200 Growth ETF (IWY). 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
XMHQ vs. IWY - Dividend Comparison
XMHQ's dividend yield for the trailing twelve months is around 4.98%, more than IWY's 0.50% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XMHQ Invesco S&P MidCap Quality ETF | 4.98% | 0.73% | 1.72% | 1.00% | 1.12% | 1.22% | 1.59% | 1.06% | 1.64% | 1.34% | 1.25% | 1.11% |
IWY iShares Russell Top 200 Growth ETF | 0.50% | 0.68% | 0.88% | 0.50% | 0.71% | 1.06% | 1.32% | 1.26% | 1.51% | 1.58% | 1.44% | 1.56% |
Drawdowns
XMHQ vs. IWY - Drawdown Comparison
The maximum XMHQ drawdown since its inception was -58.19%, which is greater than IWY's maximum drawdown of -32.68%. Use the drawdown chart below to compare losses from any high point for XMHQ and IWY. For additional features, visit the drawdowns tool.
Volatility
XMHQ vs. IWY - Volatility Comparison
Invesco S&P MidCap Quality ETF (XMHQ) and iShares Russell Top 200 Growth ETF (IWY) have volatilities of 5.77% and 5.70%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.