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FMCX vs SPHQ

FM Focus Equity ETF vs Invesco S&P 500 Quality ETF

FMCX

FM Focus Equity ETF

First Manhattan Co.

Annual cost

0.71%

Fund size

$115M

SPHQ

Invesco S&P 500 Quality ETF

Invesco

Annual cost

0.15%

Fund size

$17.3B

Key differences

  • SPHQ costs 0.56% less per year.
  • SPHQ is significantly larger than FMCX — larger funds tend to be more liquid and less likely to close.
  • FMCX follows a active selection strategy; SPHQ uses index tracking.
  • Over the last 3 years, SPHQ has delivered higher annualized returns.
  • SPHQ has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMCXSPHQ
Annual cost (TER)0.71%0.15%
Fund size (AUM)$115M$17.3B
Since20222005
Dividend yield0.34%1.11%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+18.7%+23.1%
CAGR 3Y+17.2%+22.6%
CAGR 5YN/A+14.6%
Sharpe 3Y0.951.26
Volatility 1Y12.96%12.69%
Max drawdown-17.70%-31.59%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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