MFUS vs. RWL
Compare and contrast key facts about PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) and Invesco S&P 500 Revenue ETF (RWL).
MFUS and RWL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MFUS is a passively managed fund by PIMCO that tracks the performance of the RAFI Dynamic Multi-Factor U.S. Index. It was launched on Aug 31, 2017. RWL is a passively managed fund by Invesco that tracks the performance of the S&P 500 Revenue-Weighted Index. It was launched on Feb 22, 2008. Both MFUS and RWL 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: MFUS or RWL.
Key characteristics
| MFUS | RWL | |
|---|---|---|
| YTD Return | 11.91% | 9.41% |
| 1Y Return | 26.91% | 24.53% |
| 3Y Return (Ann) | 8.85% | 9.68% |
| 5Y Return (Ann) | 12.70% | 14.46% |
| Sharpe Ratio | 2.53 | 2.64 |
| Daily Std Dev | 11.17% | 9.96% |
| Max Drawdown | -35.21% | -54.83% |
| Current Drawdown | -0.65% | -0.77% |
Correlation
The correlation between MFUS and RWL is 0.92, 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
MFUS vs. RWL - Performance Comparison
In the year-to-date period, MFUS achieves a 11.91% return, which is significantly higher than RWL's 9.41% 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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MFUS vs. RWL - Expense Ratio Comparison
MFUS has a 0.30% expense ratio, which is lower than RWL's 0.39% expense ratio.
Risk-Adjusted Performance
MFUS vs. RWL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) and Invesco S&P 500 Revenue ETF (RWL). 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
MFUS vs. RWL - Dividend Comparison
MFUS's dividend yield for the trailing twelve months is around 1.65%, more than RWL's 1.47% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | 1.65% | 1.96% | 2.07% | 1.35% | 1.72% | 1.89% | 1.99% | 1.01% | 0.00% | 0.00% | 0.00% | 0.00% |
RWL Invesco S&P 500 Revenue ETF | 1.47% | 1.60% | 1.62% | 1.35% | 1.75% | 1.87% | 1.99% | 1.60% | 1.71% | 1.97% | 1.43% | 1.61% |
Drawdowns
MFUS vs. RWL - Drawdown Comparison
The maximum MFUS drawdown since its inception was -35.21%, smaller than the maximum RWL drawdown of -54.83%. Use the drawdown chart below to compare losses from any high point for MFUS and RWL. For additional features, visit the drawdowns tool.
Volatility
MFUS vs. RWL - Volatility Comparison
PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) has a higher volatility of 2.99% compared to Invesco S&P 500 Revenue ETF (RWL) at 2.46%. This indicates that MFUS's price experiences larger fluctuations and is considered to be riskier than RWL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.