COR vs. RSPT
Compare and contrast key facts about Cencora Inc. (COR) 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: COR or RSPT.
Correlation
The correlation between COR and RSPT is 0.37, 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
COR vs. RSPT - Performance Comparison
Key characteristics
COR:
0.80
RSPT:
0.86
COR:
1.27
RSPT:
1.25
COR:
1.16
RSPT:
1.16
COR:
1.22
RSPT:
1.31
COR:
2.66
RSPT:
4.16
COR:
5.44%
RSPT:
4.04%
COR:
17.99%
RSPT:
19.66%
COR:
-71.01%
RSPT:
-58.91%
COR:
-9.76%
RSPT:
-5.11%
Returns By Period
In the year-to-date period, COR achieves a 11.50% return, which is significantly lower than RSPT's 15.38% return. Over the past 10 years, COR has underperformed RSPT with an annualized return of 11.14%, while RSPT has yielded a comparatively higher 16.25% annualized return.
COR
11.50%
-6.54%
-3.88%
13.44%
23.20%
11.14%
RSPT
15.38%
0.37%
1.28%
16.09%
14.56%
16.25%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
COR vs. RSPT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cencora Inc. (COR) 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
COR vs. RSPT - Dividend Comparison
COR's dividend yield for the trailing twelve months is around 0.92%, more than RSPT's 0.33% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COR Cencora Inc. | 0.92% | 0.96% | 1.13% | 1.34% | 1.74% | 1.88% | 2.07% | 1.61% | 1.77% | 1.17% | 1.10% | 1.23% |
RSPT Invesco S&P 500 Equal Weight Technology ETF | 0.33% | 0.56% | 0.71% | 0.50% | 1.29% | 0.92% | 0.98% | 0.84% | 1.16% | 1.18% | 1.16% | 0.80% |
Drawdowns
COR vs. RSPT - Drawdown Comparison
The maximum COR drawdown since its inception was -71.01%, which is greater than RSPT's maximum drawdown of -58.91%. Use the drawdown chart below to compare losses from any high point for COR and RSPT. For additional features, visit the drawdowns tool.
Volatility
COR vs. RSPT - Volatility Comparison
The current volatility for Cencora Inc. (COR) is 4.40%, while Invesco S&P 500 Equal Weight Technology ETF (RSPT) has a volatility of 5.57%. This indicates that COR experiences smaller price fluctuations and is considered to be less risky than RSPT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.