BSMV vs QWLD

Comparison between Invesco BulletShares 2031 Municipal Bond ETF (BSMV, ETF) and STATE STREET(R) SPDR(R) MSCI WORLD STRATEGICFACTORS(SM) ETF (QWLD, ETF).

5-Year PerformanceQWLD has outperformed BSMV, delivering a return of +9.9% compared to -1.1%

BSMV vs QWLD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BSMV(ETF)	QWLD(ETF)
Net Assets	$184M	$184M
Expense Ratio	0.18%	0.30%
Max Drawdown	22.14%	31.89%
Sharpe Ratio	0.71	1.25
5Y Beta	0.03	0.67
P/E Ratio	N/A	25.13
Forward P/E	N/A	20.05
PEG Ratio	N/A	0.30
5Y Dividends CAGR	N/A	9.32%
Debt to Equity	N/A	65.90%
P/S Ratio	N/A	2.85
P/B Ratio	N/A	4.83

Net Assets

Winner

BSMV

$184M

QWLD

$184M

Expense Ratio

Winner

BSMV

0.18%

QWLD

0.30%

Max Drawdown

Winner

BSMV

22.14%

QWLD

31.89%

Sharpe Ratio

BSMV

0.71

Winner

QWLD

1.25

5Y Beta

Winner

BSMV

0.03

QWLD

0.67

P/E Ratio

BSMV

N/A

QWLD

25.13

Forward P/E

BSMV

N/A

QWLD

20.05

PEG Ratio

BSMV

N/A

QWLD

0.30

5Y Dividends CAGR

BSMV

N/A

QWLD

9.32%

Debt to Equity

BSMV

N/A

QWLD

65.90%

P/S Ratio

BSMV

N/A

QWLD

2.85

P/B Ratio

BSMV

N/A

QWLD

4.83

BSMV vs QWLD - Historical Returns

Returns include dividend reinvestment.

Period	BSMV	QWLD
1 month	+0.23%	+1.25%
3 months	+0.24%	+5.56%
6 months	+0.81%	+7.20%
1 year	+5.10%	+16.09%
5 years(CAGR)	-1.05%	+9.90%
10 years(CAGR)	N/A	+11.76%
Max(CAGR)	-1.05%	+10.39%

BSMV

+0.23%

Winner

QWLD

+1.25%

BSMV

+0.24%

Winner

QWLD

+5.56%

BSMV

+0.81%

Winner

QWLD

+7.20%

BSMV

+5.10%

Winner

QWLD

+16.09%

5Y(CAGR)

BSMV

-1.05%

Winner

QWLD

+9.90%

10Y(CAGR)

BSMV

N/A

QWLD

+11.76%

Max(CAGR)

BSMV

-1.05%

Winner

QWLD

+10.39%

BSMV vs QWLD - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	BSMV	QWLD
2026	+0.50%	+6.52%
2025	+3.81%	+18.21%
2024	-0.20%	+14.75%
2023	+6.68%	+19.34%
2022	-15.05%	-13.37%
2021	+0.66%	+22.41%
2020	N/A	+9.47%
2019	N/A	+27.76%
2018	N/A	-7.26%
2017	N/A	+22.42%
2016	N/A	+11.30%
2015	N/A	+2.01%
2014	N/A	+2.62%

BSMV vs QWLD Drawdown Comparison

The maximum drawdown for BSMV was -20.68%, occurring on Oct 25, 2022. This drawdown has not yet recovered.

The maximum drawdown for QWLD was -31.89%, occurring on Mar 23, 2020. Recovery took 188 trading sessions.

The current BSMV drawdown is -5.53%. The current QWLD drawdown is -0.36%.

Rank	BSMV	QWLD
#1	-20.68% Dec 16, 2021 - Oct 25, 2022	-31.89% Feb 12, 2020 - Nov 9, 2020
#2	-1.70% Sep 22, 2021 - Dec 2, 2021	-22.83% Dec 29, 2021 - Dec 11, 2023
#3	-0.33% Dec 3, 2021 - Dec 13, 2021	-16.47% Oct 3, 2018 - Apr 12, 2019
#4	-0.26% Dec 13, 2021 - Dec 16, 2021	-14.11% May 22, 2015 - Apr 20, 2016
#5	N/A	-12.40% Feb 20, 2025 - May 15, 2025
#6	N/A	-9.27% Jun 13, 2014 - Feb 18, 2015
#7	N/A	-8.60% Jan 23, 2018 - Sep 20, 2018
#8	N/A	-7.66% Feb 27, 2026 - May 6, 2026
#9	N/A	-5.76% Sep 3, 2021 - Nov 3, 2021
#10	N/A	-5.52% Jul 16, 2024 - Aug 19, 2024
#11	N/A	-5.07% Jul 29, 2019 - Sep 12, 2019
#12	N/A	-5.05% Dec 5, 2024 - Jan 30, 2025
#13	N/A	-4.98% Jun 23, 2016 - Jul 12, 2016
#14	N/A	-4.75% Sep 6, 2016 - Jan 4, 2017
#15	N/A	-4.51% Mar 28, 2024 - May 14, 2024

Correlation

Correlation between BSMV and QWLD is 0.55 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.55

-101

Dividend Comparison (2014 - 2026)

BSMV vs QWLD dividend yield comparison.

Year	BSMV	QWLD
2026	1.20%	0.89%
2025	2.93%	1.85%
2024	3.10%	1.74%
2023	2.59%	1.78%
2022	2.21%	2.02%
2021	0.24%	1.77%
2020	0.00%	1.77%
2019	0.00%	2.13%
2018	0.00%	2.33%
2017	0.00%	2.73%
2016	0.00%	2.22%
2015	0.00%	3.42%
2014	0.00%	1.02%