FIJEX vs. RWJ
Compare and contrast key facts about Frost Total Return Bond Fund (FIJEX) and Invesco S&P SmallCap 600 Revenue ETF (RWJ).
FIJEX is managed by Frost Funds. It was launched on Apr 25, 2008. RWJ is a passively managed fund by Invesco that tracks the performance of the S&P SmallCap 600 Revenue-Weighted Index. It was launched on Feb 22, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIJEX or RWJ.
Key characteristics
| FIJEX | RWJ | |
|---|---|---|
| YTD Return | 2.82% | 2.26% |
| 1Y Return | 8.57% | 21.51% |
| 3Y Return (Ann) | 2.60% | 3.21% |
| 5Y Return (Ann) | 2.93% | 16.37% |
| 10Y Return (Ann) | 3.02% | 10.45% |
| Sharpe Ratio | 1.91 | 0.93 |
| Daily Std Dev | 4.43% | 21.24% |
| Max Drawdown | -11.60% | -55.97% |
| Current Drawdown | 0.00% | -1.35% |
Correlation
The correlation between FIJEX and RWJ is -0.10. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
FIJEX vs. RWJ - Performance Comparison
In the year-to-date period, FIJEX achieves a 2.82% return, which is significantly higher than RWJ's 2.26% return. Over the past 10 years, FIJEX has underperformed RWJ with an annualized return of 3.02%, while RWJ has yielded a comparatively higher 10.45% 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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FIJEX vs. RWJ - Expense Ratio Comparison
FIJEX has a 0.46% expense ratio, which is higher than RWJ's 0.39% expense ratio.
Risk-Adjusted Performance
FIJEX vs. RWJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Frost Total Return Bond Fund (FIJEX) and Invesco S&P SmallCap 600 Revenue ETF (RWJ). 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
FIJEX vs. RWJ - Dividend Comparison
FIJEX's dividend yield for the trailing twelve months is around 5.46%, more than RWJ's 1.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIJEX Frost Total Return Bond Fund | 5.46% | 5.53% | 4.69% | 3.30% | 3.82% | 3.79% | 3.63% | 3.68% | 4.03% | 4.14% | 5.09% | 5.43% |
RWJ Invesco S&P SmallCap 600 Revenue ETF | 1.25% | 1.34% | 1.02% | 0.61% | 0.89% | 1.22% | 1.44% | 0.91% | 0.61% | 0.74% | 0.57% | 1.27% |
Drawdowns
FIJEX vs. RWJ - Drawdown Comparison
The maximum FIJEX drawdown since its inception was -11.60%, smaller than the maximum RWJ drawdown of -55.97%. Use the drawdown chart below to compare losses from any high point for FIJEX and RWJ. For additional features, visit the drawdowns tool.
Volatility
FIJEX vs. RWJ - Volatility Comparison
The current volatility for Frost Total Return Bond Fund (FIJEX) is 1.09%, while Invesco S&P SmallCap 600 Revenue ETF (RWJ) has a volatility of 4.70%. This indicates that FIJEX experiences smaller price fluctuations and is considered to be less risky than RWJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.