QLV vs IPO
Comparison between FLEXSHARES US QUALITY LOW VOLATILITY INDEX FUND (QLV, ETF) and RENAISSANCE IPO ETF (IPO, ETF).
5-Year PerformanceQLV has outperformed IPO, delivering a return of +10.4% compared to -1.5%
QLV vs IPO - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
QLV
$161M
IPO
$161M
Expense Ratio
Winner
QLV
0.08%
IPO
0.60%
Max Drawdown
Winner
QLV
33.95%
IPO
68.76%
Sharpe Ratio
Winner
QLV
1.26
IPO
0.84
5Y Beta
Winner
QLV
0.58
IPO
1.49
P/E Ratio
Winner
QLV
23.16
IPO
393.44
Forward P/E
Winner
QLV
19.53
IPO
40.51
PEG Ratio
Winner
QLV
0.46
IPO
0.50
5Y Dividends CAGR
QLV
15.25%
IPO
N/A
5Y EPS CAGR
QLV
22.49%
IPO
N/A
Debt to Equity
QLV
-7.95%
IPO
N/A
P/S Ratio
Winner
QLV
3.20
IPO
4.95
P/B Ratio
Winner
QLV
4.67
IPO
6.62
QLV vs IPO - Holdings Comparison
QLV and IPO have 1 common holdings. Overlap is 0.00%
QLV's top 25 holdings weight is 54.08%. IPO's top 25 holdings weight is 91.62%.
| Rank | QLV | IPO |
|---|---|---|
| #1 | NVIDIA CORP (NVDA) - 6.56% | ARM HOLDINGS PLC ADR (ARM) - 14.59% |
| #2 | APPLE INC (AAPL) - 5.83% | ASTERA LABS INC (ALAB) - 11.67% |
| #3 | MICROSOFT CORP (MSFT) - 5.58% | COREWEAVE INC ORDINARY SHARES CLASS A (CRWV) - 10.69% |
| #4 | JOHNSON & JOHNSON (JNJ) - 3.86% | KENVUE INC (KVUE) - 7.24% |
| #5 | EXXON MOBIL CORP (XOM) - 2.35% | REDDIT INC CLASS A SHARES (RDDT) - 6.55% |
| #6 | BROADCOM INC (AVGO) - 2.23% | VIKING HOLDINGS LTD (VIK) - 4.42% |
| #7 | ABBVIE INC (ABBV) - 2.17% | RUBRIK INC CLASS A SHARES (RBRK) - 3.50% |
| #8 | ALPHABET INC CLASS A (GOOGL) - 2.09% | CIRCLE INTERNET GROUP INC ORDINARY SHARES CLASS A (CRCL) - 3.33% |
| #9 | VISA INC CLASS A (V) - 1.91% | MEDLINE INC ORDINARY SHARES CLASS A (MDLN) - 3.24% |
| #10 | BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.81% | AMERICAN HEALTHCARE REIT INC ORDINARY SHARES (AHR) - 2.38% |
| #11 | INTERNATIONAL BUSINESS MACHINES CORP (IBM) - 1.73% | KASPI.KZ JSC ADS (KSPI) - 2.32% |
| #12 | ALPHABET INC CLASS C (GOOG) - 1.60% | UL SOLUTIONS INC CLASS A COMMON STOCK (ULS) - 2.21% |
| #13 | ANALOG DEVICES INC (ADI) - 1.55% | BRIGHTSPRING HEALTH SERVICES INC (BTSG) - 2.20% |
| #14 | COSTCO WHOLESALE CORP (COST) - 1.52% | CAVA GROUP INC (CAVA) - 2.14% |
| #15 | ELI LILLY AND CO (LLY) - 1.48% | MAPLEBEAR INC (CART) - 2.09% |
| #16 | COCA-COLA CO (KO) - 1.42% | STANDARDAERO INC (SARO) - 1.80% |
| #17 | MCDONALD'S CORP (MCD) - 1.40% | AMER SPORTS INC (AS) - 1.54% |
| #18 | PEPSICO INC (PEP) - 1.40% | TEMPUS AI INC CLASS A COMMON STOCK (TEM) - 1.50% |
| #19 | MASTERCARD INC CLASS A (MA) - 1.37% | SERVICETITAN INC CLASS A ORDINARY SHARES (TTAN) - 1.48% |
| #20 | PROCTER & GAMBLE CO (PG) - 1.36% | FIGMA INC CLASS A (FIG) - 1.40% |
| #21 | MERCK & CO INC (MRK) - 1.21% | FORGENT POWER SOLUTIONS INC ORDINARY SHARES CLASS A (FPS) - 1.31% |
| #22 | TJX COMPANIES INC (TJX) - 1.00% | LEGENCE CORP ORDINARY SHARES CLASS A (LGN) - 1.26% |
| #23 | META PLATFORMS INC CLASS A (META) - 0.92% | ATMUS FILTRATION TECHNOLOGIES INC (ATMU) - 1.07% |
| #24 | PALO ALTO NETWORKS INC (PANW) - 0.87% | LINEAGE INC REIT (LINE) - 0.90% |
| #25 | SOUTHERN CO (SO) - 0.86% | KARMAN HOLDINGS INC (KRMN) - 0.79% |
| Total Holdings | 120 | 49 |
QLV vs IPO - Historical Returns
Returns include dividend reinvestment.
1M
QLV
+0.61%
Winner
IPO
+18.44%
3M
QLV
+3.38%
Winner
IPO
+32.15%
6M
QLV
+5.55%
Winner
IPO
+26.99%
1Y
QLV
+14.14%
Winner
IPO
+32.45%
5Y(CAGR)
Winner
QLV
+10.42%
IPO
-1.46%
10Y(CAGR)
QLV
N/A
IPO
+12.04%
Max(CAGR)
Winner
QLV
+11.36%
IPO
+9.09%
QLV vs IPO - Annual Returns (2013 - 2026)
Returns include dividend reinvestment.
| Year | QLV | IPO |
|---|---|---|
| 2026 | +6.03% | +23.61% |
| 2025 | +12.42% | +3.34% |
| 2024 | +17.93% | +20.50% |
| 2023 | +13.92% | +55.06% |
| 2022 | -9.42% | -56.71% |
| 2021 | +27.81% | -9.24% |
| 2020 | +9.13% | +104.07% |
| 2019 | +6.23% | +33.94% |
| 2018 | N/A | -17.82% |
| 2017 | N/A | +36.17% |
| 2016 | N/A | +2.36% |
| 2015 | N/A | -7.95% |
| 2014 | N/A | +7.41% |
| 2013 | N/A | +7.55% |
QLV vs IPO Drawdown Comparison
The maximum drawdown for QLV was -33.70%, occurring on Mar 23, 2020. Recovery took 137 trading sessions.
The maximum drawdown for IPO was -68.76%, occurring on Dec 28, 2022. This drawdown has not yet recovered.
The current QLV drawdown is -0.73%. The current IPO drawdown is -23.07%.
| Rank | QLV | IPO |
|---|---|---|
| #1 | -33.70% Feb 19, 2020 - Sep 2, 2020 | -68.76% Feb 12, 2021 - Dec 28, 2022 |
| #2 | -17.94% Dec 29, 2021 - Dec 12, 2023 | -38.47% Feb 19, 2020 - May 20, 2020 |
| #3 | -12.05% Dec 5, 2024 - Jun 10, 2025 | -36.73% Apr 16, 2015 - May 15, 2017 |
| #4 | -8.50% Sep 2, 2020 - Nov 16, 2020 | -31.34% Jun 18, 2018 - May 3, 2019 |
| #5 | -6.88% Sep 3, 2021 - Oct 26, 2021 | -17.59% Jul 26, 2019 - Jan 16, 2020 |
| #6 | -6.19% Mar 2, 2026 - May 12, 2026 | -13.19% Mar 5, 2014 - Sep 8, 2014 |
| #7 | -5.37% Jan 25, 2021 - Mar 26, 2021 | -11.58% Oct 13, 2020 - Nov 20, 2020 |
| #8 | -4.72% Jul 16, 2024 - Aug 16, 2024 | -10.96% Sep 11, 2014 - Nov 12, 2014 |
| #9 | -4.46% Mar 28, 2024 - May 15, 2024 | -10.76% Sep 1, 2020 - Sep 29, 2020 |
| #10 | -4.20% Jul 29, 2019 - Sep 4, 2019 | -9.40% Dec 22, 2020 - Jan 21, 2021 |
| #11 | -3.57% Nov 19, 2021 - Dec 10, 2021 | -8.14% Aug 5, 2020 - Aug 26, 2020 |
| #12 | -3.23% May 7, 2021 - Jun 10, 2021 | -7.39% May 3, 2019 - Jun 18, 2019 |
| #13 | -3.17% Oct 18, 2024 - Nov 8, 2024 | -7.03% Jan 23, 2018 - Mar 6, 2018 |
| #14 | -2.82% Sep 6, 2019 - Nov 1, 2019 | -6.78% Nov 24, 2014 - Feb 11, 2015 |
| #15 | -2.64% Nov 8, 2024 - Nov 26, 2024 | -6.75% Jul 9, 2020 - Aug 3, 2020 |
Correlation
Correlation between QLV and IPO is 0.18 which considered as a very weak or no correlation - the stocks move independently of each other.
0.18
-101
Dividend Comparison (2013 - 2026)
QLV vs IPO dividend yield comparison.
| Year | QLV | IPO |
|---|---|---|
| 2026 | 0.30% | 0.11% |
| 2025 | 1.60% | 0.66% |
| 2024 | 1.66% | 0.12% |
| 2023 | 1.60% | 0.00% |
| 2022 | 1.74% | 0.00% |
| 2021 | 0.96% | 0.00% |
| 2020 | 1.24% | 0.10% |
| 2019 | 0.58% | 0.26% |
| 2018 | 0.00% | 0.49% |
| 2017 | 0.00% | 0.43% |
| 2016 | 0.00% | 0.40% |
| 2015 | 0.00% | 0.11% |
| 2014 | 0.00% | 2.45% |
| 2013 | 0.00% | 0.07% |
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