BAR vs QVML

Comparison between GraniteShares Gold Shares (BAR, ETF) and INVESCO S&P 500 QVM MULTI-FACTOR ETF (QVML, ETF).

5-Year PerformanceBAR has outperformed QVML, delivering a return of +20.6% compared to +13.6%

BAR vs QVML - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BAR(ETF)	QVML(ETF)
Net Assets	$1.60B	$1.60B
Expense Ratio	0.17%	0.11%
Max Drawdown	21.53%	24.47%
Sharpe Ratio	1.34	2.03
5Y Beta	0.18	0.97
P/E Ratio	N/A	27.78
Forward P/E	N/A	21.62
5Y EPS CAGR	N/A	27.90%
Debt to Equity	N/A	49.51%
P/S Ratio	N/A	3.42
P/B Ratio	N/A	5.29

Net Assets

BAR

$1.60B

QVML

$1.60B

Expense Ratio

BAR

0.17%

Winner

QVML

0.11%

Max Drawdown

Winner

BAR

21.53%

QVML

24.47%

Sharpe Ratio

BAR

1.34

Winner

QVML

2.03

5Y Beta

Winner

BAR

0.18

QVML

0.97

P/E Ratio

BAR

N/A

QVML

27.78

Forward P/E

BAR

N/A

QVML

21.62

5Y EPS CAGR

BAR

N/A

QVML

27.90%

Debt to Equity

BAR

N/A

QVML

49.51%

P/S Ratio

BAR

N/A

QVML

3.42

P/B Ratio

BAR

N/A

QVML

5.29

BAR vs QVML - Historical Returns

Returns include dividend reinvestment.

Period	BAR	QVML
1 month	-0.55%	+8.43%
3 months	-6.94%	+7.26%
6 months	+14.60%	+8.99%
1 year	+46.18%	+27.67%
5 years(CAGR)	+20.63%	+13.57%
10 years(CAGR)	+15.64%	N/A
Max(CAGR)	+15.64%	+13.57%

BAR

-0.55%

Winner

QVML

+8.43%

BAR

-6.94%

Winner

QVML

+7.26%

Winner

BAR

+14.60%

QVML

+8.99%

Winner

BAR

+46.18%

QVML

+27.67%

5Y(CAGR)

Winner

BAR

+20.63%

QVML

+13.57%

10Y(CAGR)

BAR

+15.64%

QVML

N/A

Max(CAGR)

Winner

BAR

+15.64%

QVML

+13.57%

BAR vs QVML - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	BAR	QVML
2026	+9.28%	+8.88%
2025	+61.93%	+17.77%
2024	+27.29%	+26.36%
2023	+12.03%	+22.75%
2022	+0.89%	-16.67%
2021	-6.10%	+12.57%
2020	+24.03%	N/A
2019	+18.10%	N/A
2018	-2.73%	N/A
2017	-1.15%	N/A

BAR vs QVML Drawdown Comparison

The maximum drawdown for BAR was -21.53%, occurring on Sep 26, 2022. Recovery took 853 trading sessions.

The maximum drawdown for QVML was -23.53%, occurring on Oct 12, 2022. Recovery took 488 trading sessions.

The current BAR drawdown is -12.28%.

Rank	BAR	QVML
#1	-21.53% Aug 6, 2020 - Dec 27, 2023	-23.53% Jan 4, 2022 - Dec 13, 2023
#2	-19.19% Jan 29, 2026 - Mar 26, 2026	-18.72% Feb 19, 2025 - Jun 27, 2025
#3	-13.46% Jan 24, 2018 - Jun 20, 2019	-8.73% Feb 2, 2026 - Apr 14, 2026
#4	-12.45% Mar 9, 2020 - Apr 9, 2020	-8.54% Jul 16, 2024 - Sep 19, 2024
#5	-10.05% Oct 20, 2025 - Dec 22, 2025	-5.36% Mar 28, 2024 - May 14, 2024
#6	-8.37% Sep 8, 2017 - Jan 24, 2018	-4.97% Sep 3, 2021 - Oct 20, 2021
#7	-8.03% Oct 30, 2024 - Jan 30, 2025	-4.65% Oct 28, 2025 - Dec 11, 2025
#8	-7.10% Apr 21, 2025 - Jun 13, 2025	-4.19% Dec 4, 2024 - Jan 22, 2025
#9	-6.52% Sep 4, 2019 - Jan 6, 2020	-3.68% Nov 24, 2021 - Dec 8, 2021
#10	-5.71% May 20, 2024 - Jul 16, 2024	-2.99% Dec 15, 2021 - Dec 23, 2021
#11	-4.86% Mar 31, 2025 - Apr 10, 2025	-2.90% Jul 12, 2021 - Jul 23, 2021
#12	-4.86% Dec 26, 2025 - Jan 12, 2026	-2.83% Oct 8, 2025 - Oct 24, 2025
#13	-4.84% Jun 13, 2025 - Aug 29, 2025	-2.72% Jul 25, 2025 - Aug 12, 2025
#14	-4.78% Feb 24, 2020 - Mar 5, 2020	-2.68% Oct 14, 2024 - Nov 6, 2024
#15	-4.35% Jul 16, 2024 - Aug 12, 2024	-2.66% Jan 12, 2026 - Jan 28, 2026