XMLV vs. FDLO
Compare and contrast key facts about Invesco S&P MidCap Low Volatility ETF (XMLV) and Fidelity Low Volatility Factor ETF (FDLO).
XMLV and FDLO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XMLV is a passively managed fund by Invesco that tracks the performance of the S&P MidCap 400 Low Volatility Index. It was launched on Feb 15, 2013. FDLO is a passively managed fund by Fidelity that tracks the performance of the Fidelity U.S. Low Volatility Factor Index. It was launched on Sep 12, 2016. Both XMLV and FDLO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
XMLV vs. FDLO - Performance Comparison
Loading graphics...
XMLV vs. FDLO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XMLV Invesco S&P MidCap Low Volatility ETF | 1.89% | 5.55% | 17.08% | 1.86% | -6.55% | 23.00% | -8.42% | 23.77% | -0.16% | 13.72% |
FDLO Fidelity Low Volatility Factor ETF | -2.82% | 11.77% | 16.06% | 16.38% | -10.38% | 24.00% | 12.19% | 31.10% | -0.26% | 20.44% |
Returns By Period
In the year-to-date period, XMLV achieves a 1.89% return, which is significantly higher than FDLO's -2.82% return.
XMLV
- 1D
- 0.80%
- 1M
- -4.73%
- YTD
- 1.89%
- 6M
- 0.66%
- 1Y
- 5.09%
- 3Y*
- 9.15%
- 5Y*
- 5.91%
- 10Y*
- 7.78%
FDLO
- 1D
- 1.64%
- 1M
- -5.22%
- YTD
- -2.82%
- 6M
- -1.20%
- 1Y
- 8.13%
- 3Y*
- 12.41%
- 5Y*
- 9.41%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
XMLV vs. FDLO - Expense Ratio Comparison
XMLV has a 0.25% expense ratio, which is lower than FDLO's 0.29% expense ratio.
Return for Risk
XMLV vs. FDLO — Risk / Return Rank
XMLV
FDLO
XMLV vs. FDLO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P MidCap Low Volatility ETF (XMLV) and Fidelity Low Volatility Factor ETF (FDLO). 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.
| XMLV | FDLO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.37 | 0.60 | -0.23 |
Sortino ratioReturn per unit of downside risk | 0.62 | 0.95 | -0.33 |
Omega ratioGain probability vs. loss probability | 1.08 | 1.14 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 0.56 | 0.86 | -0.29 |
Martin ratioReturn relative to average drawdown | 2.42 | 4.13 | -1.71 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| XMLV | FDLO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.37 | 0.60 | -0.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.41 | 0.72 | -0.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.78 | -0.18 |
Correlation
The correlation between XMLV and FDLO is 0.77, 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.
Dividends
XMLV vs. FDLO - Dividend Comparison
XMLV's dividend yield for the trailing twelve months is around 2.93%, more than FDLO's 1.47% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XMLV Invesco S&P MidCap Low Volatility ETF | 2.93% | 2.87% | 2.23% | 2.34% | 2.05% | 1.14% | 1.93% | 2.02% | 2.13% | 1.74% | 1.72% | 1.85% |
FDLO Fidelity Low Volatility Factor ETF | 1.47% | 1.37% | 1.40% | 1.35% | 1.49% | 1.11% | 1.38% | 1.55% | 1.76% | 1.61% | 0.55% | 0.00% |
Drawdowns
XMLV vs. FDLO - Drawdown Comparison
The maximum XMLV drawdown since its inception was -39.86%, which is greater than FDLO's maximum drawdown of -34.35%. Use the drawdown chart below to compare losses from any high point for XMLV and FDLO.
Loading graphics...
Drawdown Indicators
| XMLV | FDLO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.86% | -34.35% | -5.51% |
Max Drawdown (1Y)Largest decline over 1 year | -10.67% | -10.53% | -0.14% |
Max Drawdown (5Y)Largest decline over 5 years | -16.53% | -19.23% | +2.70% |
Max Drawdown (10Y)Largest decline over 10 years | -39.86% | — | — |
Current DrawdownCurrent decline from peak | -5.49% | -5.51% | +0.02% |
Average DrawdownAverage peak-to-trough decline | -4.29% | -3.42% | -0.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.47% | 2.18% | +0.29% |
Volatility
XMLV vs. FDLO - Volatility Comparison
Invesco S&P MidCap Low Volatility ETF (XMLV) and Fidelity Low Volatility Factor ETF (FDLO) have volatilities of 3.35% and 3.41%, 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.
Loading graphics...
Volatility by Period
| XMLV | FDLO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.35% | 3.41% | -0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 7.19% | 6.73% | +0.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.71% | 13.63% | +0.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.45% | 13.13% | +1.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.97% | 15.60% | +1.37% |