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IXP vs. RSPN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IXP and RSPN is 0.59, 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.


-0.50.00.51.00.6

Performance

IXP vs. RSPN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Global Comm Services ETF (IXP) and Invesco S&P 500® Equal Weight Industrials ETF (RSPN). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
12.36%
10.46%
IXP
RSPN

Key characteristics

Sharpe Ratio

IXP:

2.23

RSPN:

1.40

Sortino Ratio

IXP:

2.99

RSPN:

2.04

Omega Ratio

IXP:

1.40

RSPN:

1.25

Calmar Ratio

IXP:

2.15

RSPN:

2.36

Martin Ratio

IXP:

14.05

RSPN:

7.45

Ulcer Index

IXP:

2.38%

RSPN:

2.66%

Daily Std Dev

IXP:

15.00%

RSPN:

14.21%

Max Drawdown

IXP:

-50.11%

RSPN:

-61.64%

Current Drawdown

IXP:

-3.20%

RSPN:

-7.86%

Returns By Period

In the year-to-date period, IXP achieves a 33.61% return, which is significantly higher than RSPN's 18.55% return. Over the past 10 years, IXP has underperformed RSPN with an annualized return of 7.37%, while RSPN has yielded a comparatively higher 10.90% annualized return.


IXP

YTD

33.61%

1M

4.30%

6M

12.36%

1Y

33.96%

5Y*

11.33%

10Y*

7.37%

RSPN

YTD

18.55%

1M

-6.97%

6M

10.46%

1Y

19.16%

5Y*

13.64%

10Y*

10.90%

Compare stocks, funds, or ETFs

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IXP vs. RSPN - Expense Ratio Comparison

IXP has a 0.43% expense ratio, which is higher than RSPN's 0.40% expense ratio.


IXP
iShares Global Comm Services ETF
Expense ratio chart for IXP: current value at 0.43% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.43%
Expense ratio chart for RSPN: current value at 0.40% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.40%

Risk-Adjusted Performance

IXP vs. RSPN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Comm Services ETF (IXP) 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.


Sharpe ratio
The chart of Sharpe ratio for IXP, currently valued at 2.23, compared to the broader market0.002.004.002.231.40
The chart of Sortino ratio for IXP, currently valued at 2.99, compared to the broader market-2.000.002.004.006.008.0010.002.992.04
The chart of Omega ratio for IXP, currently valued at 1.40, compared to the broader market0.501.001.502.002.503.001.401.25
The chart of Calmar ratio for IXP, currently valued at 2.15, compared to the broader market0.005.0010.0015.002.152.36
The chart of Martin ratio for IXP, currently valued at 14.05, compared to the broader market0.0020.0040.0060.0080.00100.0014.057.45
IXP
RSPN

The current IXP Sharpe Ratio is 2.23, which is higher than the RSPN Sharpe Ratio of 1.40. The chart below compares the historical Sharpe Ratios of IXP and RSPN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
2.23
1.40
IXP
RSPN

Dividends

IXP vs. RSPN - Dividend Comparison

IXP's dividend yield for the trailing twelve months is around 1.32%, more than RSPN's 0.65% yield.


TTM20232022202120202019201820172016201520142013
IXP
iShares Global Comm Services ETF
1.32%1.24%1.43%1.80%0.95%2.18%4.32%3.40%4.02%3.89%12.39%3.40%
RSPN
Invesco S&P 500® Equal Weight Industrials ETF
0.65%0.55%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

IXP vs. RSPN - Drawdown Comparison

The maximum IXP drawdown since its inception was -50.11%, smaller than the maximum RSPN drawdown of -61.64%. Use the drawdown chart below to compare losses from any high point for IXP and RSPN. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.20%
-7.86%
IXP
RSPN

Volatility

IXP vs. RSPN - Volatility Comparison

iShares Global Comm Services ETF (IXP) has a higher volatility of 4.80% compared to Invesco S&P 500® Equal Weight Industrials ETF (RSPN) at 4.29%. This indicates that IXP's price experiences larger fluctuations and is considered to be riskier than RSPN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
4.80%
4.29%
IXP
RSPN
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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