XSHQ vs. IWO
Compare and contrast key facts about Invesco S&P SmallCap Quality ETF (XSHQ) and iShares Russell 2000 Growth ETF (IWO).
XSHQ and IWO 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. IWO is a passively managed fund by iShares that tracks the performance of the Russell 2000 Growth Index. It was launched on Jul 24, 2000. Both XSHQ and IWO 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 IWO.
Correlation
The correlation between XSHQ and IWO is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
XSHQ vs. IWO - Performance Comparison
Key characteristics
XSHQ:
-0.09
IWO:
0.03
XSHQ:
0.07
IWO:
0.22
XSHQ:
1.01
IWO:
1.03
XSHQ:
-0.06
IWO:
0.02
XSHQ:
-0.16
IWO:
0.06
XSHQ:
10.28%
IWO:
9.61%
XSHQ:
23.69%
IWO:
25.53%
XSHQ:
-38.33%
IWO:
-60.10%
XSHQ:
-17.44%
IWO:
-20.06%
Returns By Period
In the year-to-date period, XSHQ achieves a -7.51% return, which is significantly higher than IWO's -8.95% return.
XSHQ
-7.51%
5.20%
-15.58%
-2.16%
12.23%
N/A
IWO
-8.95%
6.59%
-15.10%
0.73%
7.45%
6.54%
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XSHQ vs. IWO - Expense Ratio Comparison
XSHQ has a 0.29% expense ratio, which is higher than IWO's 0.24% expense ratio.
Risk-Adjusted Performance
XSHQ vs. IWO — Risk-Adjusted Performance Rank
XSHQ
IWO
XSHQ vs. IWO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap Quality ETF (XSHQ) and iShares Russell 2000 Growth ETF (IWO). 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. IWO - Dividend Comparison
XSHQ's dividend yield for the trailing twelve months is around 1.36%, more than IWO's 0.90% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XSHQ Invesco S&P SmallCap Quality ETF | 1.36% | 1.18% | 1.15% | 2.02% | 1.25% | 1.24% | 1.11% | 1.16% | 0.79% | 0.00% | 0.00% | 0.00% |
IWO iShares Russell 2000 Growth ETF | 0.90% | 0.80% | 0.73% | 0.75% | 0.32% | 0.44% | 0.71% | 0.76% | 0.73% | 0.97% | 0.89% | 0.73% |
Drawdowns
XSHQ vs. IWO - Drawdown Comparison
The maximum XSHQ drawdown since its inception was -38.33%, smaller than the maximum IWO drawdown of -60.10%. Use the drawdown chart below to compare losses from any high point for XSHQ and IWO. For additional features, visit the drawdowns tool.
Volatility
XSHQ vs. IWO - Volatility Comparison
The current volatility for Invesco S&P SmallCap Quality ETF (XSHQ) is 6.99%, while iShares Russell 2000 Growth ETF (IWO) has a volatility of 7.89%. This indicates that XSHQ experiences smaller price fluctuations and is considered to be less risky than IWO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.