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XMLV vs. MDY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between XMLV and MDY 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

XMLV vs. MDY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P MidCap Low Volatility ETF (XMLV) and SPDR S&P MidCap 400 ETF (MDY). The values are adjusted to include any dividend payments, if applicable.

160.00%180.00%200.00%220.00%240.00%260.00%December2025FebruaryMarchAprilMay
209.59%
206.40%
XMLV
MDY

Key characteristics

Sharpe Ratio

XMLV:

0.82

MDY:

0.03

Sortino Ratio

XMLV:

1.25

MDY:

0.21

Omega Ratio

XMLV:

1.16

MDY:

1.03

Calmar Ratio

XMLV:

0.92

MDY:

0.03

Martin Ratio

XMLV:

2.99

MDY:

0.10

Ulcer Index

XMLV:

4.23%

MDY:

7.54%

Daily Std Dev

XMLV:

15.39%

MDY:

21.62%

Max Drawdown

XMLV:

-39.86%

MDY:

-55.33%

Current Drawdown

XMLV:

-5.47%

MDY:

-13.58%

Returns By Period

In the year-to-date period, XMLV achieves a 1.04% return, which is significantly higher than MDY's -6.26% return. Both investments have delivered pretty close results over the past 10 years, with XMLV having a 8.43% annualized return and MDY not far behind at 8.20%.


XMLV

YTD

1.04%

1M

8.18%

6M

-2.67%

1Y

11.04%

5Y*

9.97%

10Y*

8.43%

MDY

YTD

-6.26%

1M

11.29%

6M

-10.75%

1Y

-0.96%

5Y*

13.17%

10Y*

8.20%

*Annualized

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XMLV vs. MDY - Expense Ratio Comparison

XMLV has a 0.25% expense ratio, which is higher than MDY's 0.23% 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%.


Risk-Adjusted Performance

XMLV vs. MDY — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XMLV
The Risk-Adjusted Performance Rank of XMLV is 7575
Overall Rank
The Sharpe Ratio Rank of XMLV is 7474
Sharpe Ratio Rank
The Sortino Ratio Rank of XMLV is 7575
Sortino Ratio Rank
The Omega Ratio Rank of XMLV is 7171
Omega Ratio Rank
The Calmar Ratio Rank of XMLV is 7979
Calmar Ratio Rank
The Martin Ratio Rank of XMLV is 7373
Martin Ratio Rank

MDY
The Risk-Adjusted Performance Rank of MDY is 2121
Overall Rank
The Sharpe Ratio Rank of MDY is 2121
Sharpe Ratio Rank
The Sortino Ratio Rank of MDY is 2222
Sortino Ratio Rank
The Omega Ratio Rank of MDY is 2222
Omega Ratio Rank
The Calmar Ratio Rank of MDY is 2121
Calmar Ratio Rank
The Martin Ratio Rank of MDY is 2121
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

XMLV vs. MDY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P MidCap Low Volatility ETF (XMLV) and SPDR S&P MidCap 400 ETF (MDY). 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.


The current XMLV Sharpe Ratio is 0.82, which is higher than the MDY Sharpe Ratio of 0.03. The chart below compares the historical Sharpe Ratios of XMLV and MDY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00December2025FebruaryMarchAprilMay
0.72
-0.04
XMLV
MDY

Dividends

XMLV vs. MDY - Dividend Comparison

XMLV's dividend yield for the trailing twelve months is around 2.53%, more than MDY's 1.32% yield.


TTM20242023202220212020201920182017201620152014
XMLV
Invesco S&P MidCap Low Volatility ETF
2.53%2.23%2.34%2.05%1.14%1.93%2.02%2.13%1.74%1.72%1.85%2.00%
MDY
SPDR S&P MidCap 400 ETF
1.32%1.18%1.21%1.37%0.96%1.12%1.34%1.39%1.18%1.31%1.35%1.17%

Drawdowns

XMLV vs. MDY - Drawdown Comparison

The maximum XMLV drawdown since its inception was -39.86%, smaller than the maximum MDY drawdown of -55.33%. Use the drawdown chart below to compare losses from any high point for XMLV and MDY. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-5.47%
-13.58%
XMLV
MDY

Volatility

XMLV vs. MDY - Volatility Comparison

The current volatility for Invesco S&P MidCap Low Volatility ETF (XMLV) is 7.11%, while SPDR S&P MidCap 400 ETF (MDY) has a volatility of 11.58%. This indicates that XMLV experiences smaller price fluctuations and is considered to be less risky than MDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%December2025FebruaryMarchAprilMay
7.11%
11.58%
XMLV
MDY