SPLV vs THRO

Comparison between INVESCO S&P 500 LOW VOLATILITY ETF (SPLV, ETF) and BlackRock Future U.S. Themes ETF (THRO, ETF).

SPLV vs THRO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPLV(ETF)	THRO(ETF)
Net Assets	$7.30B	$7.30B
Expense Ratio	0.25%	0.57%
Max Drawdown	36.56%	26.97%
Sharpe Ratio	-0.14	1.79
5Y Beta	0.35	1.00
P/E Ratio	22.01	27.13
Forward P/E	20.90	21.44
PEG Ratio	0.89	0.52
5Y Dividends CAGR	7.67%	N/A
5Y EPS CAGR	11.39%	27.00%
Debt to Equity	59.46%	49.70%
P/S Ratio	2.39	3.04
P/B Ratio	2.93	5.91

Net Assets

SPLV

$7.30B

THRO

$7.30B

Expense Ratio

Winner

SPLV

0.25%

THRO

0.57%

Max Drawdown

SPLV

36.56%

Winner

THRO

26.97%

Sharpe Ratio

SPLV

-0.14

Winner

THRO

1.79

5Y Beta

Winner

SPLV

0.35

THRO

1.00

P/E Ratio

Winner

SPLV

22.01

THRO

27.13

Forward P/E

Winner

SPLV

20.90

THRO

21.44

PEG Ratio

SPLV

0.89

Winner

THRO

0.52

5Y Dividends CAGR

SPLV

7.67%

THRO

N/A

5Y EPS CAGR

SPLV

11.39%

Winner

THRO

27.00%

Debt to Equity

SPLV

59.46%

Winner

THRO

49.70%

P/S Ratio

Winner

SPLV

2.39

THRO

3.04

P/B Ratio

Winner

SPLV

2.93

THRO

5.91

SPLV vs THRO - Holdings Comparison

SPLV and THRO have 30 common holdings. Overlap is 10.38%

SPLV's top 25 holdings weight is 30.93%. THRO's top 25 holdings weight is 66.77%.

Rank	SPLV	THRO
#1	SOUTHERN CO (SO) - 1.34%	APPLE INC (AAPL) - 8.34%
#2	PINNACLE WEST CAPITAL CORP (PNW) - 1.34%	NVIDIA CORP (NVDA) - 7.28%
#3	WEC ENERGY GROUP INC (WEC) - 1.34%	MICROSOFT CORP (MSFT) - 6.62%
#4	ATMOS ENERGY CORP (ATO) - 1.33%	AMAZON.COM INC (AMZN) - 4.68%
#5	CENTERPOINT ENERGY INC (CNP) - 1.33%	ALPHABET INC CLASS A (GOOGL) - 4.28%
#6	CMS ENERGY CORP (CMS) - 1.32%	JPMORGAN CHASE & CO (JPM) - 3.04%
#7	AMEREN CORP (AEE) - 1.32%	BROADCOM INC (AVGO) - 2.81%
#8	EVERGY INC (EVRG) - 1.31%	ALPHABET INC CLASS C (GOOG) - 2.56%
#9	ALLIANT ENERGY CORP (LNT) - 1.30%	WALMART INC (WMT) - 2.41%
#10	DTE ENERGY CO (DTE) - 1.30%	META PLATFORMS INC CLASS A (META) - 2.30%
#11	DUKE ENERGY CORP (DUK) - 1.30%	MICRON TECHNOLOGY INC (MU) - 1.90%
#12	PPL CORP (PPL) - 1.29%	COSTCO WHOLESALE CORP (COST) - 1.85%
#13	EXELON CORP (EXC) - 1.26%	VISA INC CLASS A (V) - 1.80%
#14	AMERICAN ELECTRIC POWER CO INC (AEP) - 1.24%	TESLA INC (TSLA) - 1.79%
#15	TJX COMPANIES INC (TJX) - 1.21%	CATERPILLAR INC (CAT) - 1.78%
#16	REALTY INCOME CORP (O) - 1.21%	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.77%
#17	LINDE PLC (LIN) - 1.16%	APPLIED MATERIALS INC (AMAT) - 1.54%
#18	VICI PROPERTIES INC ORDINARY SHARES (VICI) - 1.15%	INTEL CORP (INTC) - 1.45%
#19	ENTERGY CORP (ETR) - 1.14%	JOHNSON & JOHNSON (JNJ) - 1.43%
#20	INTERCONTINENTAL EXCHANGE INC (ICE) - 1.14%	CISCO SYSTEMS INC (CSCO) - 1.35%
#21	REGENCY CENTERS CORP (REG) - 1.13%	TJX COMPANIES INC (TJX) - 1.35%
#22	FIRSTENERGY CORP (FE) - 1.13%	PROCTER & GAMBLE CO (PG) - 1.17%
#23	COCA-COLA CO (KO) - 1.13%	CHECK POINT SOFTWARE TECHNOLOGIES LTD (CHKP) - 1.10%
#24	NISOURCE INC (NI) - 1.11%	RTX CORP (RTX) - 1.09%
#25	CONSOLIDATED EDISON INC (ED) - 1.10%	GE AEROSPACE (GE) - 1.08%
Total Holdings	106	244

SPLV vs THRO - Historical Returns

Returns include dividend reinvestment.

Period	SPLV	THRO
1 month	-2.47%	+11.34%
3 months	-1.98%	+8.81%
6 months	+2.80%	+11.43%
1 year	+2.09%	+30.10%
5 years(CAGR)	+5.50%	+13.45%
10 years(CAGR)	+8.26%	N/A
Max(CAGR)	+9.94%	+13.45%

SPLV

-2.47%

Winner

THRO

+11.34%

SPLV

-1.98%

Winner

THRO

+8.81%

SPLV

+2.80%

Winner

THRO

+11.43%

SPLV

+2.09%

Winner

THRO

+30.10%

5Y(CAGR)

SPLV

+5.50%

Winner

THRO

+13.45%

10Y(CAGR)

SPLV

+8.26%

THRO

N/A

Max(CAGR)

SPLV

+9.94%

Winner

THRO

+13.45%

SPLV vs THRO - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	SPLV	THRO
2026	+2.74%	+9.52%
2025	+4.53%	+15.04%
2024	+12.93%	+33.44%
2023	+0.57%	+25.34%
2022	-3.95%	-17.91%
2021	+25.59%	+2.14%
2020	-0.65%	N/A
2019	+29.84%	N/A
2018	+0.54%	N/A
2017	+17.18%	N/A
2016	+11.86%	N/A
2015	+3.90%	N/A
2014	+18.78%	N/A
2013	+20.63%	N/A
2012	+10.55%	N/A
2011	+6.95%	N/A

SPLV vs THRO Drawdown Comparison

The maximum drawdown for SPLV was -36.25%, occurring on Mar 23, 2020. Recovery took 297 trading sessions.

The maximum drawdown for THRO was -26.54%, occurring on Sep 30, 2022. Recovery took 494 trading sessions.

The current SPLV drawdown is -5.88%.

Rank	SPLV	THRO
#1	-36.25% Feb 14, 2020 - Apr 21, 2021	-26.54% Dec 27, 2021 - Dec 13, 2023
#2	-17.26% Apr 20, 2022 - Jun 24, 2024	-19.07% Jan 23, 2025 - Jun 30, 2025
#3	-12.49% Jul 7, 2011 - Oct 27, 2011	-10.87% Jan 27, 2026 - Apr 15, 2026
#4	-11.51% Dec 3, 2018 - Feb 8, 2019	-9.28% Jul 16, 2024 - Aug 23, 2024
#5	-11.30% Aug 18, 2015 - Oct 28, 2015	-6.49% Mar 22, 2024 - May 15, 2024
#6	-9.10% Mar 3, 2025 - Aug 20, 2025	-5.40% Oct 29, 2025 - Dec 23, 2025
#7	-9.02% Dec 31, 2021 - Apr 6, 2022	-5.36% Aug 23, 2024 - Sep 19, 2024
#8	-8.91% Jan 26, 2018 - Jul 26, 2018	-4.87% Dec 4, 2024 - Jan 22, 2025
#9	-8.59% Nov 29, 2024 - Mar 3, 2025	-3.12% Oct 18, 2024 - Nov 6, 2024
#10	-7.72% Jul 22, 2016 - Feb 16, 2017	-2.91% Oct 8, 2025 - Oct 24, 2025
#11	-7.52% Dec 29, 2015 - Mar 11, 2016	-2.80% Jan 12, 2026 - Jan 27, 2026
#12	-7.13% May 17, 2013 - Jul 18, 2013	-2.69% Dec 26, 2023 - Jan 10, 2024
#13	-6.64% Mar 2, 2026 - Mar 27, 2026	-2.52% Nov 8, 2024 - Nov 25, 2024
#14	-6.02% Sep 13, 2018 - Nov 30, 2018	-2.39% Jul 28, 2025 - Aug 8, 2025
#15	-6.02% Oct 27, 2011 - Dec 20, 2011	-2.38% Dec 16, 2021 - Dec 22, 2021

Correlation

Correlation between SPLV and THRO is 0.94 which considered as a very strong positive correlation - the stocks move almost identically together.

0.94

-101

Dividend Comparison (2011 - 2026)

SPLV vs THRO dividend yield comparison.

Year	SPLV	THRO
2026	0.74%	0.04%
2025	2.04%	0.15%
2024	1.88%	0.73%
2023	2.45%	0.55%
2022	2.11%	0.90%
2021	1.51%	0.00%
2020	2.12%	0.00%
2019	2.08%	0.00%
2018	2.18%	0.00%
2017	2.03%	0.00%
2016	2.03%	0.00%
2015	2.28%	0.00%
2014	2.20%	0.00%
2013	2.60%	0.00%
2012	3.01%	0.00%
2011	2.11%	0.00%