OFIYX vs. RWL
Compare and contrast key facts about Invesco Intermediate Bond Factor Fund (OFIYX) and Invesco S&P 500 Revenue ETF (RWL).
OFIYX is managed by Invesco. It was launched on Aug 2, 2010. 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: OFIYX or RWL.
Correlation
The correlation between OFIYX and RWL is -0.14. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
OFIYX vs. RWL - Performance Comparison
Key characteristics
OFIYX:
0.79
RWL:
1.97
OFIYX:
1.17
RWL:
2.80
OFIYX:
1.14
RWL:
1.36
OFIYX:
0.29
RWL:
3.29
OFIYX:
2.05
RWL:
9.45
OFIYX:
2.00%
RWL:
2.18%
OFIYX:
5.21%
RWL:
10.47%
OFIYX:
-20.67%
RWL:
-54.83%
OFIYX:
-9.46%
RWL:
-0.29%
Returns By Period
Over the past 10 years, OFIYX has underperformed RWL with an annualized return of 1.32%, while RWL has yielded a comparatively higher 11.44% annualized return.
OFIYX
0.00%
0.22%
-1.40%
3.77%
-0.98%
1.32%
RWL
5.62%
1.77%
9.10%
18.70%
13.63%
11.44%
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OFIYX vs. RWL - Expense Ratio Comparison
OFIYX has a 0.27% expense ratio, which is lower than RWL's 0.39% expense ratio.
Risk-Adjusted Performance
OFIYX vs. RWL — Risk-Adjusted Performance Rank
OFIYX
RWL
OFIYX vs. RWL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Intermediate Bond Factor Fund (OFIYX) 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
OFIYX vs. RWL - Dividend Comparison
OFIYX's dividend yield for the trailing twelve months is around 4.07%, more than RWL's 1.35% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OFIYX Invesco Intermediate Bond Factor Fund | 4.07% | 4.03% | 3.27% | 4.03% | 1.93% | 2.37% | 3.32% | 3.36% | 3.12% | 2.91% | 3.46% | 3.34% |
RWL Invesco S&P 500 Revenue ETF | 1.35% | 1.43% | 1.60% | 1.62% | 1.35% | 1.75% | 1.87% | 1.99% | 1.61% | 1.71% | 1.97% | 1.43% |
Drawdowns
OFIYX vs. RWL - Drawdown Comparison
The maximum OFIYX drawdown since its inception was -20.67%, smaller than the maximum RWL drawdown of -54.83%. Use the drawdown chart below to compare losses from any high point for OFIYX and RWL. For additional features, visit the drawdowns tool.
Volatility
OFIYX vs. RWL - Volatility Comparison
The current volatility for Invesco Intermediate Bond Factor Fund (OFIYX) is 1.17%, while Invesco S&P 500 Revenue ETF (RWL) has a volatility of 2.33%. This indicates that OFIYX 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.