BAMI.MI vs. RSPT
Compare and contrast key facts about Banco Bpm SpA (BAMI.MI) and Invesco S&P 500 Equal Weight Technology ETF (RSPT).
RSPT is a passively managed fund by Invesco that tracks the performance of the S&P 500® Information Technology Index. It was launched on Jan 11, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BAMI.MI or RSPT.
Key characteristics
| BAMI.MI | RSPT | |
|---|---|---|
| YTD Return | 56.49% | 19.56% |
| 1Y Return | 47.10% | 36.70% |
| 3Y Return (Ann) | 44.23% | 7.50% |
| 5Y Return (Ann) | 35.37% | 16.43% |
| 10Y Return (Ann) | 3.03% | 17.10% |
| Sharpe Ratio | 1.50 | 2.05 |
| Sortino Ratio | 2.08 | 2.69 |
| Omega Ratio | 1.27 | 1.35 |
| Calmar Ratio | 0.45 | 3.10 |
| Martin Ratio | 5.72 | 10.02 |
| Ulcer Index | 7.26% | 3.98% |
| Daily Std Dev | 27.90% | 19.39% |
| Max Drawdown | -98.73% | -58.91% |
| Current Drawdown | -89.24% | -0.23% |
Correlation
The correlation between BAMI.MI and RSPT is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BAMI.MI vs. RSPT - Performance Comparison
In the year-to-date period, BAMI.MI achieves a 56.49% return, which is significantly higher than RSPT's 19.56% return. Over the past 10 years, BAMI.MI has underperformed RSPT with an annualized return of 3.03%, while RSPT has yielded a comparatively higher 17.10% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
BAMI.MI vs. RSPT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Banco Bpm SpA (BAMI.MI) and Invesco S&P 500 Equal Weight Technology ETF (RSPT). 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
BAMI.MI vs. RSPT - Dividend Comparison
BAMI.MI's dividend yield for the trailing twelve months is around 8.20%, more than RSPT's 0.44% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BAMI.MI Banco Bpm SpA | 8.20% | 4.81% | 5.70% | 2.27% | 4.42% | 0.00% | 0.00% | 0.00% | 4.86% | 0.00% | 0.00% | 0.00% |
RSPT Invesco S&P 500 Equal Weight Technology ETF | 0.44% | 0.56% | 0.71% | 0.50% | 1.29% | 0.92% | 0.98% | 0.84% | 1.16% | 1.18% | 1.16% | 0.80% |
Drawdowns
BAMI.MI vs. RSPT - Drawdown Comparison
The maximum BAMI.MI drawdown since its inception was -98.73%, which is greater than RSPT's maximum drawdown of -58.91%. Use the drawdown chart below to compare losses from any high point for BAMI.MI and RSPT. For additional features, visit the drawdowns tool.
Volatility
BAMI.MI vs. RSPT - Volatility Comparison
Banco Bpm SpA (BAMI.MI) has a higher volatility of 12.40% compared to Invesco S&P 500 Equal Weight Technology ETF (RSPT) at 6.14%. This indicates that BAMI.MI's price experiences larger fluctuations and is considered to be riskier than RSPT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.