XMHQ vs. SYLD
Compare and contrast key facts about Invesco S&P MidCap Quality ETF (XMHQ) and Cambria Shareholder Yield ETF (SYLD).
XMHQ and SYLD 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. SYLD is an actively managed fund by Cambria. It was launched on May 14, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XMHQ or SYLD.
Performance
XMHQ vs. SYLD - Performance Comparison
Returns By Period
In the year-to-date period, XMHQ achieves a 20.94% return, which is significantly higher than SYLD's 10.02% return. Both investments have delivered pretty close results over the past 10 years, with XMHQ having a 12.04% annualized return and SYLD not far behind at 11.81%.
XMHQ
20.94%
-2.45%
-1.15%
31.16%
16.79%
12.04%
SYLD
10.02%
-0.52%
4.68%
21.48%
15.87%
11.81%
Key characteristics
| XMHQ | SYLD | |
|---|---|---|
| Sharpe Ratio | 1.69 | 1.25 |
| Sortino Ratio | 2.43 | 1.84 |
| Omega Ratio | 1.29 | 1.22 |
| Calmar Ratio | 2.93 | 2.35 |
| Martin Ratio | 7.18 | 5.51 |
| Ulcer Index | 4.21% | 3.59% |
| Daily Std Dev | 17.85% | 15.82% |
| Max Drawdown | -58.19% | -45.36% |
| Current Drawdown | -4.01% | -2.27% |
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XMHQ vs. SYLD - Expense Ratio Comparison
XMHQ has a 0.25% expense ratio, which is lower than SYLD's 0.59% expense ratio.
Correlation
The correlation between XMHQ and SYLD is 0.80, 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.
Risk-Adjusted Performance
XMHQ vs. SYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P MidCap Quality ETF (XMHQ) and Cambria Shareholder Yield ETF (SYLD). 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. SYLD - Dividend Comparison
XMHQ's dividend yield for the trailing twelve months is around 4.98%, more than SYLD's 1.79% 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% |
SYLD Cambria Shareholder Yield ETF | 1.79% | 1.92% | 2.20% | 2.22% | 2.00% | 2.07% | 2.52% | 1.48% | 1.92% | 6.45% | 3.89% | 0.82% |
Drawdowns
XMHQ vs. SYLD - Drawdown Comparison
The maximum XMHQ drawdown since its inception was -58.19%, which is greater than SYLD's maximum drawdown of -45.36%. Use the drawdown chart below to compare losses from any high point for XMHQ and SYLD. For additional features, visit the drawdowns tool.
Volatility
XMHQ vs. SYLD - Volatility Comparison
Invesco S&P MidCap Quality ETF (XMHQ) and Cambria Shareholder Yield ETF (SYLD) 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.