FMIMX vs. RSPN
Compare and contrast key facts about FMI Common Stock Fund (FMIMX) and Invesco S&P 500® Equal Weight Industrials ETF (RSPN).
FMIMX is managed by FMI Funds. It was launched on Dec 18, 1981. RSPN is a passively managed fund by Invesco that tracks the performance of the S&P 500® Equal Weight Industrials 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: FMIMX or RSPN.
Correlation
The correlation between FMIMX and RSPN is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FMIMX vs. RSPN - Performance Comparison
Key characteristics
FMIMX:
-0.13
RSPN:
0.33
FMIMX:
-0.04
RSPN:
0.63
FMIMX:
1.00
RSPN:
1.08
FMIMX:
-0.12
RSPN:
0.32
FMIMX:
-0.36
RSPN:
1.08
FMIMX:
7.29%
RSPN:
6.21%
FMIMX:
20.92%
RSPN:
20.04%
FMIMX:
-59.12%
RSPN:
-61.25%
FMIMX:
-14.31%
RSPN:
-11.34%
Returns By Period
In the year-to-date period, FMIMX achieves a -5.39% return, which is significantly lower than RSPN's -3.03% return. Over the past 10 years, FMIMX has underperformed RSPN with an annualized return of 2.59%, while RSPN has yielded a comparatively higher 10.90% annualized return.
FMIMX
-5.39%
-2.07%
-8.70%
-1.73%
11.70%
2.59%
RSPN
-3.03%
-0.74%
-5.14%
7.59%
18.68%
10.90%
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FMIMX vs. RSPN - Expense Ratio Comparison
FMIMX has a 1.01% expense ratio, which is higher than RSPN's 0.40% expense ratio.
Risk-Adjusted Performance
FMIMX vs. RSPN — Risk-Adjusted Performance Rank
FMIMX
RSPN
FMIMX vs. RSPN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FMI Common Stock Fund (FMIMX) and Invesco S&P 500® Equal Weight Industrials ETF (RSPN). 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
FMIMX vs. RSPN - Dividend Comparison
FMIMX's dividend yield for the trailing twelve months is around 0.23%, less than RSPN's 1.02% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMIMX FMI Common Stock Fund | 0.23% | 0.21% | 0.27% | 0.14% | 0.33% | 0.76% | 0.43% | 0.44% | 0.02% | 0.00% | 0.00% | 12.38% |
RSPN Invesco S&P 500® Equal Weight Industrials ETF | 1.02% | 0.98% | 0.55% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
Drawdowns
FMIMX vs. RSPN - Drawdown Comparison
The maximum FMIMX drawdown since its inception was -59.12%, roughly equal to the maximum RSPN drawdown of -61.25%. Use the drawdown chart below to compare losses from any high point for FMIMX and RSPN. For additional features, visit the drawdowns tool.
Volatility
FMIMX vs. RSPN - Volatility Comparison
The current volatility for FMI Common Stock Fund (FMIMX) is 13.04%, while Invesco S&P 500® Equal Weight Industrials ETF (RSPN) has a volatility of 13.81%. This indicates that FMIMX experiences smaller price fluctuations and is considered to be less risky than RSPN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.