XMHQ vs. MOAT
Compare and contrast key facts about Invesco S&P MidCap Quality ETF (XMHQ) and VanEck Vectors Morningstar Wide Moat ETF (MOAT).
XMHQ and MOAT 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. MOAT is a passively managed fund by VanEck that tracks the performance of the Morningstar Wide Moat Focus Index. It was launched on Apr 24, 2012. Both XMHQ and MOAT 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 MOAT.
Key characteristics
| XMHQ | MOAT | |
|---|---|---|
| YTD Return | 23.29% | 5.71% |
| 1Y Return | 51.21% | 23.45% |
| 3Y Return (Ann) | 12.71% | 8.35% |
| 5Y Return (Ann) | 18.92% | 15.27% |
| 10Y Return (Ann) | 13.16% | 13.24% |
| Sharpe Ratio | 2.87 | 1.66 |
| Daily Std Dev | 16.95% | 13.36% |
| Max Drawdown | -58.19% | -33.31% |
| Current Drawdown | -0.81% | -0.20% |
Correlation
The correlation between XMHQ and MOAT is 0.75, 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
XMHQ vs. MOAT - Performance Comparison
In the year-to-date period, XMHQ achieves a 23.29% return, which is significantly higher than MOAT's 5.71% return. Both investments have delivered pretty close results over the past 10 years, with XMHQ having a 13.16% annualized return and MOAT not far ahead at 13.24%. 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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XMHQ vs. MOAT - Expense Ratio Comparison
XMHQ has a 0.25% expense ratio, which is lower than MOAT's 0.48% expense ratio.
Risk-Adjusted Performance
XMHQ vs. MOAT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P MidCap Quality ETF (XMHQ) and VanEck Vectors Morningstar Wide Moat ETF (MOAT). 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. MOAT - Dividend Comparison
XMHQ's dividend yield for the trailing twelve months is around 0.59%, less than MOAT's 0.81% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XMHQ Invesco S&P MidCap Quality ETF | 0.59% | 0.73% | 1.72% | 1.00% | 1.12% | 1.22% | 1.59% | 1.06% | 1.63% | 1.34% | 1.25% | 1.11% |
MOAT VanEck Vectors Morningstar Wide Moat ETF | 0.81% | 0.86% | 1.25% | 1.08% | 1.46% | 1.31% | 1.79% | 1.07% | 1.17% | 2.13% | 1.34% | 0.79% |
Drawdowns
XMHQ vs. MOAT - Drawdown Comparison
The maximum XMHQ drawdown since its inception was -58.19%, which is greater than MOAT's maximum drawdown of -33.31%. Use the drawdown chart below to compare losses from any high point for XMHQ and MOAT. For additional features, visit the drawdowns tool.
Volatility
XMHQ vs. MOAT - Volatility Comparison
Invesco S&P MidCap Quality ETF (XMHQ) has a higher volatility of 4.32% compared to VanEck Vectors Morningstar Wide Moat ETF (MOAT) at 2.48%. This indicates that XMHQ's price experiences larger fluctuations and is considered to be riskier than MOAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.