ASRAX vs. SPHD
Compare and contrast key facts about Invesco Global Real Estate Income Fund (ASRAX) and Invesco S&P 500® High Dividend Low Volatility ETF (SPHD).
ASRAX is managed by Invesco. It was launched on May 30, 2002. SPHD is a passively managed fund by Invesco that tracks the performance of the S&P Low Volatility High Dividend index. It was launched on Oct 18, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ASRAX or SPHD.
Correlation
The correlation between ASRAX and SPHD is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ASRAX vs. SPHD - Performance Comparison
Key characteristics
ASRAX:
-0.22
SPHD:
1.73
ASRAX:
-0.22
SPHD:
2.47
ASRAX:
0.97
SPHD:
1.31
ASRAX:
-0.13
SPHD:
1.95
ASRAX:
-0.54
SPHD:
9.73
ASRAX:
4.29%
SPHD:
1.97%
ASRAX:
10.71%
SPHD:
11.13%
ASRAX:
-57.87%
SPHD:
-41.39%
ASRAX:
-15.13%
SPHD:
-6.98%
Returns By Period
In the year-to-date period, ASRAX achieves a -4.08% return, which is significantly lower than SPHD's 17.32% return. Over the past 10 years, ASRAX has underperformed SPHD with an annualized return of 1.87%, while SPHD has yielded a comparatively higher 8.05% annualized return.
ASRAX
-4.08%
-4.84%
0.30%
-3.04%
-0.49%
1.87%
SPHD
17.32%
-3.82%
9.79%
19.21%
6.20%
8.05%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ASRAX vs. SPHD - Expense Ratio Comparison
ASRAX has a 1.20% expense ratio, which is higher than SPHD's 0.30% expense ratio.
Risk-Adjusted Performance
ASRAX vs. SPHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Global Real Estate Income Fund (ASRAX) and Invesco S&P 500® High Dividend Low Volatility ETF (SPHD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
ASRAX vs. SPHD - Dividend Comparison
ASRAX's dividend yield for the trailing twelve months is around 2.48%, less than SPHD's 3.13% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASRAX Invesco Global Real Estate Income Fund | 2.48% | 2.96% | 2.37% | 1.89% | 2.34% | 5.56% | 3.51% | 3.46% | 4.50% | 3.48% | 4.68% | 4.53% |
SPHD Invesco S&P 500® High Dividend Low Volatility ETF | 3.13% | 4.48% | 3.89% | 3.46% | 4.89% | 4.07% | 4.40% | 3.14% | 3.83% | 3.49% | 3.24% | 3.68% |
Drawdowns
ASRAX vs. SPHD - Drawdown Comparison
The maximum ASRAX drawdown since its inception was -57.87%, which is greater than SPHD's maximum drawdown of -41.39%. Use the drawdown chart below to compare losses from any high point for ASRAX and SPHD. For additional features, visit the drawdowns tool.
Volatility
ASRAX vs. SPHD - Volatility Comparison
Invesco Global Real Estate Income Fund (ASRAX) has a higher volatility of 3.86% compared to Invesco S&P 500® High Dividend Low Volatility ETF (SPHD) at 3.61%. This indicates that ASRAX's price experiences larger fluctuations and is considered to be riskier than SPHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.