XSHQ vs. IJR
Compare and contrast key facts about Invesco S&P SmallCap Quality ETF (XSHQ) and iShares Core S&P Small-Cap ETF (IJR).
XSHQ and IJR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XSHQ is a passively managed fund by Invesco that tracks the performance of the S&P SmallCap 600 Quality Index. It was launched on Apr 6, 2017. IJR is a passively managed fund by iShares that tracks the performance of the S&P SmallCap 600 Index. It was launched on May 22, 2000. Both XSHQ and IJR 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: XSHQ or IJR.
Key characteristics
| XSHQ | IJR | |
|---|---|---|
| YTD Return | 18.35% | 16.12% |
| 1Y Return | 36.36% | 37.85% |
| 3Y Return (Ann) | 6.46% | 2.91% |
| 5Y Return (Ann) | 12.31% | 10.78% |
| Sharpe Ratio | 1.75 | 1.84 |
| Sortino Ratio | 2.62 | 2.71 |
| Omega Ratio | 1.31 | 1.32 |
| Calmar Ratio | 3.03 | 1.76 |
| Martin Ratio | 10.11 | 10.75 |
| Ulcer Index | 3.60% | 3.52% |
| Daily Std Dev | 20.72% | 20.62% |
| Max Drawdown | -38.33% | -58.15% |
| Current Drawdown | -1.14% | -1.54% |
Correlation
The correlation between XSHQ and IJR is 0.89, 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
XSHQ vs. IJR - Performance Comparison
In the year-to-date period, XSHQ achieves a 18.35% return, which is significantly higher than IJR's 16.12% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XSHQ vs. IJR - Expense Ratio Comparison
XSHQ has a 0.29% expense ratio, which is higher than IJR's 0.07% expense ratio.
Risk-Adjusted Performance
XSHQ vs. IJR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap Quality ETF (XSHQ) and iShares Core S&P Small-Cap ETF (IJR). 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
XSHQ vs. IJR - Dividend Comparison
XSHQ's dividend yield for the trailing twelve months is around 1.03%, less than IJR's 1.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XSHQ Invesco S&P SmallCap Quality ETF | 1.03% | 1.15% | 2.02% | 1.25% | 1.24% | 1.11% | 1.16% | 0.79% | 0.00% | 0.00% | 0.00% | 0.00% |
IJR iShares Core S&P Small-Cap ETF | 1.21% | 1.31% | 1.41% | 1.53% | 1.11% | 1.44% | 1.58% | 1.20% | 1.21% | 1.48% | 1.23% | 1.00% |
Drawdowns
XSHQ vs. IJR - Drawdown Comparison
The maximum XSHQ drawdown since its inception was -38.33%, smaller than the maximum IJR drawdown of -58.15%. Use the drawdown chart below to compare losses from any high point for XSHQ and IJR. For additional features, visit the drawdowns tool.
Volatility
XSHQ vs. IJR - Volatility Comparison
Invesco S&P SmallCap Quality ETF (XSHQ) has a higher volatility of 8.02% compared to iShares Core S&P Small-Cap ETF (IJR) at 7.52%. This indicates that XSHQ's price experiences larger fluctuations and is considered to be riskier than IJR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.