Correlation
The correlation between OFIGX and RWL is 0.72, 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.
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.
Performance
OFIGX vs. RWL - Performance Comparison
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Key characteristics
OFIGX:
1.30
RWL:
0.79
OFIGX:
1.63
RWL:
1.14
OFIGX:
1.24
RWL:
1.16
OFIGX:
1.53
RWL:
0.81
OFIGX:
5.76
RWL:
3.17
OFIGX:
3.82%
RWL:
3.69%
OFIGX:
18.33%
RWL:
15.94%
OFIGX:
-30.21%
RWL:
-54.83%
OFIGX:
-0.25%
RWL:
-3.23%
Returns By Period
In the year-to-date period, OFIGX achieves a 23.58% return, which is significantly higher than RWL's 3.16% return.
OFIGX
23.58%
6.32%
20.55%
22.00%
12.16%
N/A
N/A
RWL
3.16%
3.27%
-2.61%
10.64%
11.20%
16.40%
11.15%
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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 Rank
OFIGX
RWL
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.
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Dividends
OFIGX vs. RWL - Dividend Comparison
OFIGX's dividend yield for the trailing twelve months is around 1.13%, less than RWL's 1.43% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OFIGX Oberweis Focused International Growth Fund | 1.13% | 1.40% | 1.44% | 1.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RWL Invesco S&P 500 Revenue ETF | 1.43% | 1.43% | 1.60% | 1.62% | 1.35% | 1.75% | 1.87% | 1.99% | 1.61% | 1.71% | 1.97% | 1.43% |
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.
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Volatility
OFIGX vs. RWL - Volatility Comparison
The current volatility for Oberweis Focused International Growth Fund (OFIGX) is 3.04%, while Invesco S&P 500 Revenue ETF (RWL) has a volatility of 4.20%. This indicates that OFIGX experiences smaller price fluctuations and is considered to be less risky than RWL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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