XQLT.TO vs. SPY
Compare and contrast key facts about iShares MSCI USA Quality Factor Index ETF (XQLT.TO) and SPDR S&P 500 ETF (SPY).
XQLT.TO and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both XQLT.TO and SPY 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: XQLT.TO or SPY.
Correlation
The correlation between XQLT.TO and SPY 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. SPY - Performance Comparison
Key characteristics
XQLT.TO:
2.15
SPY:
1.87
XQLT.TO:
3.16
SPY:
2.52
XQLT.TO:
1.39
SPY:
1.35
XQLT.TO:
3.78
SPY:
2.81
XQLT.TO:
15.09
SPY:
11.69
XQLT.TO:
1.71%
SPY:
2.02%
XQLT.TO:
12.04%
SPY:
12.65%
XQLT.TO:
-25.12%
SPY:
-55.19%
XQLT.TO:
-1.23%
SPY:
0.00%
Returns By Period
In the year-to-date period, XQLT.TO achieves a 3.30% return, which is significantly lower than SPY's 4.58% return.
XQLT.TO
3.30%
2.49%
10.73%
26.71%
15.05%
N/A
SPY
4.58%
2.57%
10.04%
24.97%
14.73%
13.23%
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XQLT.TO vs. SPY - Expense Ratio Comparison
XQLT.TO has a 0.32% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
XQLT.TO vs. SPY — Risk-Adjusted Performance Rank
XQLT.TO
SPY
XQLT.TO vs. SPY - 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 SPDR S&P 500 ETF (SPY). 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
XQLT.TO vs. SPY - Dividend Comparison
XQLT.TO's dividend yield for the trailing twelve months is around 0.70%, less than SPY's 1.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XQLT.TO iShares MSCI USA Quality Factor Index ETF | 0.70% | 0.72% | 0.94% | 1.21% | 0.87% | 1.11% | 1.23% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.15% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
XQLT.TO vs. SPY - Drawdown Comparison
The maximum XQLT.TO drawdown since its inception was -25.12%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for XQLT.TO and SPY. For additional features, visit the drawdowns tool.
Volatility
XQLT.TO vs. SPY - Volatility Comparison
iShares MSCI USA Quality Factor Index ETF (XQLT.TO) and SPDR S&P 500 ETF (SPY) have volatilities of 3.10% and 3.00%, 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.