CSD vs. FUTY
Compare and contrast key facts about Invesco S&P Spin-Off ETF (CSD) and Fidelity MSCI Utilities Index ETF (FUTY).
CSD and FUTY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CSD is a passively managed fund by Invesco that tracks the performance of the S&P U.S. Spin-Off TR. It was launched on Dec 15, 2006. FUTY is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Utilities Index. It was launched on Oct 21, 2013. Both CSD and FUTY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CSD or FUTY.
Correlation
The correlation between CSD and FUTY is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CSD vs. FUTY - Performance Comparison
Key characteristics
CSD:
0.25
FUTY:
1.35
CSD:
0.54
FUTY:
1.84
CSD:
1.07
FUTY:
1.25
CSD:
0.24
FUTY:
2.24
CSD:
0.80
FUTY:
5.67
CSD:
8.88%
FUTY:
4.02%
CSD:
28.30%
FUTY:
16.96%
CSD:
-70.47%
FUTY:
-36.44%
CSD:
-21.16%
FUTY:
-3.60%
Returns By Period
In the year-to-date period, CSD achieves a -11.93% return, which is significantly lower than FUTY's 4.77% return. Over the past 10 years, CSD has underperformed FUTY with an annualized return of 5.28%, while FUTY has yielded a comparatively higher 9.21% annualized return.
CSD
-11.93%
-7.42%
-11.27%
4.80%
19.01%
5.28%
FUTY
4.77%
2.05%
-1.55%
21.38%
9.43%
9.21%
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CSD vs. FUTY - Expense Ratio Comparison
CSD has a 0.65% expense ratio, which is higher than FUTY's 0.08% expense ratio.
Risk-Adjusted Performance
CSD vs. FUTY — Risk-Adjusted Performance Rank
CSD
FUTY
CSD vs. FUTY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P Spin-Off ETF (CSD) and Fidelity MSCI Utilities Index ETF (FUTY). 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
CSD vs. FUTY - Dividend Comparison
CSD's dividend yield for the trailing twelve months is around 0.19%, less than FUTY's 2.83% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CSD Invesco S&P Spin-Off ETF | 0.19% | 0.17% | 0.51% | 0.86% | 0.73% | 0.99% | 1.08% | 0.99% | 0.60% | 1.62% | 2.61% | 1.64% |
FUTY Fidelity MSCI Utilities Index ETF | 2.83% | 2.96% | 3.31% | 2.72% | 2.70% | 3.07% | 2.82% | 3.11% | 3.03% | 3.35% | 4.33% | 3.04% |
Drawdowns
CSD vs. FUTY - Drawdown Comparison
The maximum CSD drawdown since its inception was -70.47%, which is greater than FUTY's maximum drawdown of -36.44%. Use the drawdown chart below to compare losses from any high point for CSD and FUTY. For additional features, visit the drawdowns tool.
Volatility
CSD vs. FUTY - Volatility Comparison
Invesco S&P Spin-Off ETF (CSD) has a higher volatility of 18.79% compared to Fidelity MSCI Utilities Index ETF (FUTY) at 8.60%. This indicates that CSD's price experiences larger fluctuations and is considered to be riskier than FUTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.