EARN.TO vs. RSP
Compare and contrast key facts about Evolve Active Global Fixed Income Fund (EARN.TO) and Invesco S&P 500® Equal Weight ETF (RSP).
EARN.TO and RSP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RSP is a passively managed fund by Invesco that tracks the performance of the S&P Equal Weight Index. It was launched on Apr 30, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EARN.TO or RSP.
Correlation
The correlation between EARN.TO and RSP is 0.49, 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
EARN.TO vs. RSP - Performance Comparison
Key characteristics
EARN.TO:
1.69
RSP:
1.40
EARN.TO:
2.59
RSP:
1.98
EARN.TO:
1.36
RSP:
1.25
EARN.TO:
4.68
RSP:
2.15
EARN.TO:
15.52
RSP:
5.75
EARN.TO:
0.44%
RSP:
2.74%
EARN.TO:
4.06%
RSP:
11.28%
EARN.TO:
-15.52%
RSP:
-59.92%
EARN.TO:
-0.24%
RSP:
-2.45%
Returns By Period
In the year-to-date period, EARN.TO achieves a 0.32% return, which is significantly lower than RSP's 4.08% return.
EARN.TO
0.32%
1.04%
2.70%
7.39%
2.51%
N/A
RSP
4.08%
0.14%
6.76%
15.79%
11.14%
10.13%
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EARN.TO vs. RSP - Expense Ratio Comparison
Risk-Adjusted Performance
EARN.TO vs. RSP — Risk-Adjusted Performance Rank
EARN.TO
RSP
EARN.TO vs. RSP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Evolve Active Global Fixed Income Fund (EARN.TO) and Invesco S&P 500® Equal Weight ETF (RSP). 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
EARN.TO vs. RSP - Dividend Comparison
EARN.TO's dividend yield for the trailing twelve months is around 3.67%, more than RSP's 1.46% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EARN.TO Evolve Active Global Fixed Income Fund | 3.67% | 3.67% | 3.14% | 3.63% | 3.87% | 2.99% | 2.92% | 0.27% | 0.00% | 0.00% | 0.00% | 0.00% |
RSP Invesco S&P 500® Equal Weight ETF | 1.46% | 1.52% | 1.63% | 1.82% | 1.28% | 1.64% | 1.69% | 2.02% | 1.52% | 1.20% | 1.70% | 1.46% |
Drawdowns
EARN.TO vs. RSP - Drawdown Comparison
The maximum EARN.TO drawdown since its inception was -15.52%, smaller than the maximum RSP drawdown of -59.92%. Use the drawdown chart below to compare losses from any high point for EARN.TO and RSP. For additional features, visit the drawdowns tool.
Volatility
EARN.TO vs. RSP - Volatility Comparison
The current volatility for Evolve Active Global Fixed Income Fund (EARN.TO) is 1.67%, while Invesco S&P 500® Equal Weight ETF (RSP) has a volatility of 2.34%. This indicates that EARN.TO experiences smaller price fluctuations and is considered to be less risky than RSP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.