QWLD vs BSMV

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

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

QWLD vs BSMV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

QWLD

$184M

Winner

BSMV

$184M

Expense Ratio

QWLD

0.30%

Winner

BSMV

0.18%

Max Drawdown

QWLD

31.89%

Winner

BSMV

22.14%

Sharpe Ratio

Winner

QWLD

1.25

BSMV

0.71

5Y Beta

QWLD

0.67

Winner

BSMV

0.03

P/E Ratio

QWLD

25.13

BSMV

N/A

Forward P/E

QWLD

20.05

BSMV

N/A

PEG Ratio

QWLD

0.30

BSMV

N/A

5Y Dividends CAGR

QWLD

9.32%

BSMV

N/A

Debt to Equity

QWLD

65.90%

BSMV

N/A

P/S Ratio

QWLD

2.85

BSMV

N/A

P/B Ratio

QWLD

4.83

BSMV

N/A

QWLD vs BSMV - Historical Returns

Returns include dividend reinvestment.

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

Winner

QWLD

+1.25%

BSMV

+0.23%

Winner

QWLD

+5.56%

BSMV

+0.24%

Winner

QWLD

+7.20%

BSMV

+0.81%

Winner

QWLD

+16.09%

BSMV

+5.10%

5Y(CAGR)

Winner

QWLD

+9.90%

BSMV

-1.05%

10Y(CAGR)

QWLD

+11.76%

BSMV

N/A

Max(CAGR)

Winner

QWLD

+10.39%

BSMV

-1.05%

QWLD vs BSMV - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

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

QWLD vs BSMV Drawdown Comparison

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

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

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

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

Correlation

Correlation between QWLD and BSMV 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)

QWLD vs BSMV dividend yield comparison.

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