Invesco S&P MidCap Quality ETF

10-Year Study

EQWM.US · · US · ETF

Executive Summary: Invesco S&P MidCap Quality ETF has compounded at 12.5% annually over the last 10 years, with a maximum drawdown of 22.8% and an annualized volatility of 16.8%.

1Y CAGR
+12.0%
3Y CAGR
+16.8%
5Y CAGR
+8.6%
10Y CAGR
+12.5%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
22.8%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.56
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.91
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
17.6%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2023 · +29.5%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -12.4%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
80%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20263.91.8-4.63.9————————4.9%
20252.8-5.1-4.50.95.31.12.93.40.6-2.20.4-0.44.7%
20242.912.07.8-6.63.3-4.36.2-1.81.6-3.69.4-8.816.8%
20238.9-1.7-0.50.6-1.711.33.80.6-4.2-5.08.27.429.5%
2022-5.80.7-0.3-7.10.6-9.511.1-4.1-7.712.06.4-6.5-12.4%
20212.16.15.02.50.5-1.10.42.2-3.94.9-2.83.921.0%
2020-2.0-9.6-12.814.69.12.54.23.9-4.02.512.76.726.6%
201910.93.61.32.0-7.96.92.7-3.81.81.63.72.627.2%
20182.8-4.10.40.92.01.80.84.3-0.9-7.90.5-9.0-9.1%
20172.42.2-0.20.2-0.31.21.0-0.73.30.54.01.215.6%
2016———3.30.60.44.2-0.60.7-3.75.91.212.2%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 16.8%. The dominant macroeconomic risk driver is VTI.US, accounting for 90.7% of variance. Idiosyncratic stock-specific factors contribute 8.0%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110328.05866460826
2016-05-0110389.063881176779
2016-06-0110430.273527471023
2016-07-0110872.997099139702
2016-08-0110805.206608483462
2016-09-0110880.218124774343
2016-10-0110473.693056610351
2016-11-0111089.441117515968
2016-12-0111221.536086453105
2017-01-0111493.04042529351
2017-02-0111745.776322505946
2017-03-0111724.268871154492
2017-04-0111744.437942754696
2017-05-0111710.822823421024
2017-06-0111854.15395724655
2017-07-0111976.631267040999
2017-08-0111891.255088955568
2017-09-0112278.949465270602
2017-10-0112335.161414823022
2017-11-0112823.203147371174
2017-12-0112976.183065449883
2018-01-0113338.323726049228
2018-02-0112794.038918838165
2018-03-0112845.986728252887
2018-04-0112958.037126031799
2018-05-0113212.702780094869
2018-06-0113447.479488552186
2018-07-0113559.71663699406
2018-08-0114137.367562654848
2018-09-0114008.883106535028
2018-10-0112905.964816175097
2018-11-0112965.413777218908
2018-12-0111797.755257031162
2019-01-0113079.238306295989
2019-02-0113548.387096774193
2019-03-0113729.939866286524
2019-04-0114008.665230761568
2019-05-0112905.591314849167
2019-06-0113795.707224760647
2019-07-0114167.496669613178
2019-08-0113630.090511821318
2019-09-0113875.97888472504
2019-10-0114103.908068873645
2019-11-0114622.732535700503
2019-12-0115004.575391242639
2020-01-0114703.533322543293
2020-02-0113286.500417076479
2020-03-0111580.906612218474
2020-04-0113272.805368459058
2020-05-0114485.906549968253
2020-06-0114842.880442225573
2020-07-0115468.837539373266
2020-08-0116066.097284645362
2020-09-0115418.663861256708
2020-10-0115799.230587268585
2020-11-0117807.049215024712
2020-12-0118996.370812116384
2021-01-0119390.041209646297
2021-02-0120581.012437594156
2021-03-0121613.46347779535
2021-04-0122153.35964442674
2021-05-0122264.0716624544
2021-06-0122013.296647203097
2021-07-0122090.735922112526
2021-08-0122580.33391018538
2021-09-0121703.508422454903
2021-10-0122757.00003735013
2021-11-0122113.395002552264
2021-12-0122982.00346111229
2022-01-0121647.60772400742
2022-02-0121790.81435739097
2022-03-0121716.643219083424
2022-04-0120169.97422840851
2022-05-0120287.969522291805
2022-06-0118361.69868403033
2022-07-0120406.680693716462
2022-08-0119573.8661122247
2022-09-0118060.15861356308
2022-10-0120231.63307229741
2022-11-0121527.80717371547
2022-12-0120127.48845258401
2023-01-0121926.613214476914
2023-02-0121559.430285977516
2023-03-0121452.764532314093
2023-04-0121587.225009648784
2023-05-0121230.593493606902
2023-06-0123632.98514709727
2023-07-0124523.132182119247
2023-08-0124669.54470188369
2023-09-0123622.90061129717
2023-10-0122452.596456717423
2023-11-0124282.815203993974
2023-12-0126067.840290833035
2024-01-0126834.794138519195
2024-02-0130046.625415520226
2024-03-0132400.555271971218
2024-04-0130257.217913123593
2024-05-0131243.51041446197
2024-06-0129899.870519540345
2024-07-0131739.520175296624
2024-08-0131166.382390657487
2024-09-0131655.54462718343
2024-10-0130507.557176827977
2024-11-0133371.31634317302
2024-12-0130445.524831613155
2025-01-0131301.96337196997
2025-02-0129700.389686383387
2025-03-0128357.96367077103
2025-04-0128615.119333673636
2025-05-0130145.634392002088
2025-06-0130478.984325394355
2025-07-0131356.992567323618
2025-08-0132414.935073019515
2025-09-0132608.813386287526
2025-10-0131894.243099563006
2025-11-0132021.638176815526
2025-12-0131878.338168100498
2026-01-0133132.68012101443
2026-02-0133733.39475355137
2026-03-0132174.02671779485
2026-04-0133440.81871490644
Annual Return Matrix
YearAnnual Return
20170.1563642415332982
2018-0.09081467196284987
20190.2718161264025454
20200.26603854602933596
20210.20981021524668098
2022-0.12420653461994258
20230.29513626860316955
20240.16793430111352814
20250.04706154170151078
20260.04901386447959388
Total Factor Risk
0.1684956736424993
VTI.US Exposure
0.907000156234425
VEA.US Exposure
0.1261169732410698
VWO.US Exposure
-0.015127238693532725
QQQ.US Exposure
-0.31811113468251084
VTV.US Exposure
-0.14191870761296752
IJR.US Exposure
0.2661421126905112
QUAL.US Exposure
0.15774933873686342
SHV.US Exposure
0.03778845549682849
TLT.US Exposure
0.004401424371775545
LQD.US Exposure
0.018564040006527942
HYG.US Exposure
-0.051243396941476935
GLD.US Exposure
0.006209840631072789
USO.US Exposure
-0.0006303778718637286
VNQ.US Exposure
-0.0557524873753661
BTC-USD.CC Exposure
0.03481075709493622
CPER.US Exposure
-0.016965799124793804
VIX.INDX Exposure
-0.02482567738334924
UUP.US Exposure
-0.007347015332151528
TIP.US Exposure
-0.006588454740135474
Idiosyncratic Exposure
0.0797271912541377
Value Score
43.2
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
14.3
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
16.8%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →16.9x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →1.19%
Market Cap$11.0B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$46
Avg Yield on Cost
0.46%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$45.690.46%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+1.9%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+3.4%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
1.8% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.08
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Invesco S&P MidCap Quality ETF a high-risk investment?

Invesco S&P MidCap Quality ETF (EQWM.US) has an annualized volatility of 16.8% and experienced a maximum drawdown of 22.8% over the last 10 years. Its primary macro risk driver is VTI.US.

What is the 10-year return of EQWM.US?

Over the past 10 years, EQWM.US has generated a Compound Annual Growth Rate (CAGR) of 12.5%. It has had a positive return in 80% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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