XQLT.TO vs. ^GSPC
Compare and contrast key facts about iShares MSCI USA Quality Factor Index ETF (XQLT.TO) and S&P 500 (^GSPC).
XQLT.TO is a passively managed fund by iShares that tracks the performance of the MSCI USA Sector Neutral Quality Index. It was launched on Sep 4, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XQLT.TO or ^GSPC.
Correlation
The correlation between XQLT.TO and ^GSPC is 0.76, 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
XQLT.TO vs. ^GSPC - Performance Comparison
Key characteristics
XQLT.TO:
2.01
^GSPC:
1.62
XQLT.TO:
2.97
^GSPC:
2.20
XQLT.TO:
1.36
^GSPC:
1.30
XQLT.TO:
3.56
^GSPC:
2.46
XQLT.TO:
14.10
^GSPC:
10.01
XQLT.TO:
1.73%
^GSPC:
2.08%
XQLT.TO:
12.10%
^GSPC:
12.88%
XQLT.TO:
-25.12%
^GSPC:
-56.78%
XQLT.TO:
-2.97%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, XQLT.TO achieves a 1.48% return, which is significantly lower than ^GSPC's 2.24% return.
XQLT.TO
1.48%
-1.62%
9.37%
21.28%
14.62%
N/A
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
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Risk-Adjusted Performance
XQLT.TO vs. ^GSPC — Risk-Adjusted Performance Rank
XQLT.TO
^GSPC
XQLT.TO vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA Quality Factor Index ETF (XQLT.TO) and S&P 500 (^GSPC). 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.
Drawdowns
XQLT.TO vs. ^GSPC - Drawdown Comparison
The maximum XQLT.TO drawdown since its inception was -25.12%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for XQLT.TO and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
XQLT.TO vs. ^GSPC - Volatility Comparison
The current volatility for iShares MSCI USA Quality Factor Index ETF (XQLT.TO) is 3.23%, while S&P 500 (^GSPC) has a volatility of 3.43%. This indicates that XQLT.TO experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.