OFIGX vs. RWL
Compare and contrast key facts about Oberweis Focused International Growth Fund (OFIGX) and Invesco S&P 500 Revenue ETF (RWL).
OFIGX is managed by Oberweis. It was launched on Mar 30, 2022. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OFIGX or RWL.
Key characteristics
| OFIGX | RWL | |
|---|---|---|
| YTD Return | 14.37% | 14.59% |
| 1Y Return | 21.99% | 22.17% |
| Sharpe Ratio | 1.71 | 2.09 |
| Daily Std Dev | 12.96% | 10.51% |
| Max Drawdown | -30.21% | -54.83% |
| Current Drawdown | -3.00% | -0.56% |
Correlation
The correlation between OFIGX and RWL is 0.74, 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
OFIGX vs. RWL - Performance Comparison
The year-to-date returns for both investments are quite close, with OFIGX having a 14.37% return and RWL slightly higher at 14.59%. 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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OFIGX vs. RWL - Expense Ratio Comparison
OFIGX has a 0.95% expense ratio, which is higher than RWL's 0.39% expense ratio.
Risk-Adjusted Performance
OFIGX vs. RWL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Oberweis Focused International Growth Fund (OFIGX) 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
OFIGX vs. RWL - Dividend Comparison
OFIGX's dividend yield for the trailing twelve months is around 1.26%, more than RWL's 1.09% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OFIGX Oberweis Focused International Growth Fund | 1.26% | 1.44% | 1.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RWL Invesco S&P 500 Revenue ETF | 1.09% | 1.60% | 1.62% | 1.35% | 1.75% | 1.87% | 1.99% | 1.60% | 1.71% | 1.97% | 1.43% | 1.61% |
Drawdowns
OFIGX vs. RWL - Drawdown Comparison
The maximum OFIGX drawdown since its inception was -30.21%, smaller than the maximum RWL drawdown of -54.83%. Use the drawdown chart below to compare losses from any high point for OFIGX and RWL. For additional features, visit the drawdowns tool.
Volatility
OFIGX vs. RWL - Volatility Comparison
Oberweis Focused International Growth Fund (OFIGX) has a higher volatility of 4.41% compared to Invesco S&P 500 Revenue ETF (RWL) at 2.85%. This indicates that OFIGX'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.