Category Review
Cash-flow quality returned 42% while QUAL returned 17%
Invesco S&P SmallCap Quality ETF
$46.82+0.40 (+0.86%)
- 0.29%
- $296M
- +13.6%
- 1.19%
- 34.3K sh
- low $40.02high $50.36
The ETF.net XSHQ Grade
B
Score 55 out of 100
- 11 of 26
Score 55 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B56 out of 100Rank 12 of 26Mission
Whether the fund did what it promised, tested against its stated mandate.B66 out of 100Rank 12 of 19Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D26 out of 100Rank 22 of 26Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C51 out of 100Rank 13 of 26Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A73 out of 100Rank 7 of 26Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B61 out of 100Rank 11 of 26
Our read on XSHQ
In short
BMost quality ETFs shop the S&P 500. XSHQ works the small-cap aisle: start with an index that already requires positive earnings, then keep the roughly 120 names scoring best on profits, accruals and leverage.
Stated mandate
The Fund seeks to track, before fees and expenses, the price and yield performance of the S&P SmallCap 600 Quality Index.
Why people hold it
Worth knowing
XSHQ Holdings
- Stocks
- 117
- 22%
- PAYC
Sectors
- Financials26.3%
- Technology24.4%
- Industrials16.5%
- Consumer Discretionary11.5%
- Materials4.9%
- Health Care4.8%
- Energy4.5%
- Communication4.4%
- Consumer Staples2.8%
Geography
- United States100.00%
XSHQ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
XSHQ$11,364
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | XSHQ |
|---|---|
| Year to date | +11.1% |
| 1 month | +3.3% |
| 3 months | −3.2% |
| 1 year | +13.6% |
| 3 years | +12.4% |
| 5 years | +5.7% |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | XSHQ |
|---|---|---|
| 2026 YTD | +11.1% | |
| 2025 | +0.9% | |
| 2024 | +7.5% | |
| 2023 | +23.9% | |
| 2022 | −15.0% | |
| 2021 | +24.0% | |
| 2020 | +11.9% |
XSHQ in the news
XSHQ Dividends
- 1.19%
- $0.55
- $0.12 per share
- Quarterly
XSHQ Risk
- 17.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.50
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −27.4%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.95
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
XSHQ Cost
Overpaying vs JQUA, cheapest in US Quality Index
$3,432
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
XSHQ 0.29%
$5,952
JQUA 0.12% Cheapest
$2,520
Cost over time
Year by year
| Year | XSHQ | JQUA | Overpaying |
|---|---|---|---|
| 10 | $527 | $220 | $307 |
| 20 | $2,044 | $859 | $1,185 |
| 30 | $5,952 | $2,520 | $3,432 |
Other funds in US Quality Index
- BDGRSWisdomTree U.S. SmallCap Quality Dividend Growth FundExpense ratio 0.38%1 year return +20.5%
- BFLOWGlobal X U.S. Cash Flow Kings 100 ETFExpense ratio 0.25%1 year return +35.6%
- BVUSEVident U.S. Equity Strategy ETFExpense ratio 0.50%1 year return +8.4%
- CLCOWPacer S&P 500 Quality FCF Aristocrats ETFExpense ratio 0.49%1 year return +14.8%
- CQOWZInvesco Nasdaq Free Cash Flow Achievers ETFExpense ratio 0.39%1 year return +1.6%
