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XSLV vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between XSLV and SPY is 0.72, 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.


-0.50.00.51.00.7

Performance

XSLV vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P SmallCap Low Volatility ETF (XSLV) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%AugustSeptemberOctoberNovemberDecember2025
2.66%
8.43%
XSLV
SPY

Key characteristics

Sharpe Ratio

XSLV:

0.93

SPY:

2.20

Sortino Ratio

XSLV:

1.44

SPY:

2.91

Omega Ratio

XSLV:

1.18

SPY:

1.41

Calmar Ratio

XSLV:

0.92

SPY:

3.35

Martin Ratio

XSLV:

4.72

SPY:

13.99

Ulcer Index

XSLV:

3.20%

SPY:

2.01%

Daily Std Dev

XSLV:

16.22%

SPY:

12.79%

Max Drawdown

XSLV:

-44.34%

SPY:

-55.19%

Current Drawdown

XSLV:

-6.43%

SPY:

-1.35%

Returns By Period

In the year-to-date period, XSLV achieves a 0.56% return, which is significantly lower than SPY's 1.96% return. Over the past 10 years, XSLV has underperformed SPY with an annualized return of 5.92%, while SPY has yielded a comparatively higher 13.29% annualized return.


XSLV

YTD

0.56%

1M

0.47%

6M

2.66%

1Y

13.45%

5Y*

0.92%

10Y*

5.92%

SPY

YTD

1.96%

1M

1.09%

6M

8.43%

1Y

25.46%

5Y*

14.30%

10Y*

13.29%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


XSLV vs. SPY - Expense Ratio Comparison

XSLV has a 0.25% expense ratio, which is higher than SPY's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


XSLV
Invesco S&P SmallCap Low Volatility ETF
Expense ratio chart for XSLV: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%
Expense ratio chart for SPY: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

Risk-Adjusted Performance

XSLV vs. SPY — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XSLV
The Risk-Adjusted Performance Rank of XSLV is 3838
Overall Rank
The Sharpe Ratio Rank of XSLV is 3535
Sharpe Ratio Rank
The Sortino Ratio Rank of XSLV is 3636
Sortino Ratio Rank
The Omega Ratio Rank of XSLV is 3636
Omega Ratio Rank
The Calmar Ratio Rank of XSLV is 3939
Calmar Ratio Rank
The Martin Ratio Rank of XSLV is 4545
Martin Ratio Rank

SPY
The Risk-Adjusted Performance Rank of SPY is 8383
Overall Rank
The Sharpe Ratio Rank of SPY is 8383
Sharpe Ratio Rank
The Sortino Ratio Rank of SPY is 8080
Sortino Ratio Rank
The Omega Ratio Rank of SPY is 8383
Omega Ratio Rank
The Calmar Ratio Rank of SPY is 8383
Calmar Ratio Rank
The Martin Ratio Rank of SPY is 8585
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

XSLV vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap Low Volatility ETF (XSLV) 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.


Sharpe ratio
The chart of Sharpe ratio for XSLV, currently valued at 0.93, compared to the broader market0.002.004.000.932.20
The chart of Sortino ratio for XSLV, currently valued at 1.44, compared to the broader market0.005.0010.001.442.91
The chart of Omega ratio for XSLV, currently valued at 1.18, compared to the broader market0.501.001.502.002.503.001.181.41
The chart of Calmar ratio for XSLV, currently valued at 0.92, compared to the broader market0.005.0010.0015.0020.000.923.35
The chart of Martin ratio for XSLV, currently valued at 4.72, compared to the broader market0.0020.0040.0060.0080.00100.004.7213.99
XSLV
SPY

The current XSLV Sharpe Ratio is 0.93, which is lower than the SPY Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of XSLV and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00AugustSeptemberOctoberNovemberDecember2025
0.93
2.20
XSLV
SPY

Dividends

XSLV vs. SPY - Dividend Comparison

XSLV's dividend yield for the trailing twelve months is around 2.54%, more than SPY's 1.18% yield.


TTM20242023202220212020201920182017201620152014
XSLV
Invesco S&P SmallCap Low Volatility ETF
2.54%2.55%2.35%2.79%1.05%2.48%2.43%2.75%1.87%1.96%2.20%2.38%
SPY
SPDR S&P 500 ETF
1.18%1.21%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%

Drawdowns

XSLV vs. SPY - Drawdown Comparison

The maximum XSLV drawdown since its inception was -44.34%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for XSLV and SPY. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%AugustSeptemberOctoberNovemberDecember2025
-6.43%
-1.35%
XSLV
SPY

Volatility

XSLV vs. SPY - Volatility Comparison

Invesco S&P SmallCap Low Volatility ETF (XSLV) has a higher volatility of 5.43% compared to SPDR S&P 500 ETF (SPY) at 5.10%. This indicates that XSLV's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%AugustSeptemberOctoberNovemberDecember2025
5.43%
5.10%
XSLV
SPY
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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