XSHQ vs. XSVM
Compare and contrast key facts about Invesco S&P SmallCap Quality ETF (XSHQ) and Invesco S&P SmallCap Value with Momentum ETF (XSVM).
XSHQ and XSVM 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. XSVM is a passively managed fund by Invesco that tracks the performance of the S&P SmallCap 600 Index. It was launched on Mar 3, 2005. Both XSHQ and XSVM 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 XSVM.
Key characteristics
| XSHQ | XSVM | |
|---|---|---|
| YTD Return | 18.35% | 10.37% |
| 1Y Return | 36.36% | 28.17% |
| 3Y Return (Ann) | 6.46% | 3.27% |
| 5Y Return (Ann) | 12.31% | 14.62% |
| Sharpe Ratio | 1.75 | 1.26 |
| Sortino Ratio | 2.62 | 2.00 |
| Omega Ratio | 1.31 | 1.23 |
| Calmar Ratio | 3.03 | 1.95 |
| Martin Ratio | 10.11 | 5.16 |
| Ulcer Index | 3.60% | 5.49% |
| Daily Std Dev | 20.72% | 22.49% |
| Max Drawdown | -38.33% | -62.57% |
| Current Drawdown | -1.14% | -1.47% |
Correlation
The correlation between XSHQ and XSVM is 0.84, 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. XSVM - Performance Comparison
In the year-to-date period, XSHQ achieves a 18.35% return, which is significantly higher than XSVM's 10.37% 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. XSVM - Expense Ratio Comparison
XSHQ has a 0.29% expense ratio, which is lower than XSVM's 0.39% expense ratio.
Risk-Adjusted Performance
XSHQ vs. XSVM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap Quality ETF (XSHQ) and Invesco S&P SmallCap Value with Momentum ETF (XSVM). 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. XSVM - Dividend Comparison
XSHQ's dividend yield for the trailing twelve months is around 1.03%, less than XSVM's 1.54% 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% |
XSVM Invesco S&P SmallCap Value with Momentum ETF | 1.54% | 1.31% | 1.79% | 1.23% | 1.21% | 1.22% | 2.54% | 1.90% | 2.29% | 2.68% | 1.32% | 1.15% |
Drawdowns
XSHQ vs. XSVM - Drawdown Comparison
The maximum XSHQ drawdown since its inception was -38.33%, smaller than the maximum XSVM drawdown of -62.57%. Use the drawdown chart below to compare losses from any high point for XSHQ and XSVM. For additional features, visit the drawdowns tool.
Volatility
XSHQ vs. XSVM - Volatility Comparison
The current volatility for Invesco S&P SmallCap Quality ETF (XSHQ) is 8.02%, while Invesco S&P SmallCap Value with Momentum ETF (XSVM) has a volatility of 9.89%. This indicates that XSHQ experiences smaller price fluctuations and is considered to be less risky than XSVM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.