RCD vs. CPD.TO
Compare and contrast key facts about Invesco S&P 500® Equal Weight Consumer Discretionary ETF (RCD) and iShares S&P/TSX Canadian Preferred Share Index ETF (CPD.TO).
RCD and CPD.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RCD is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weighted / Consumer Discretionary -SEC. It was launched on Nov 1, 2006. CPD.TO is a passively managed fund by iShares that tracks the performance of the S&P/TSX Preferred Share TR. It was launched on Apr 10, 2007. Both RCD and CPD.TO 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: RCD or CPD.TO.
Correlation
The correlation between RCD and CPD.TO is 0.49, 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.
Performance
RCD vs. CPD.TO - Performance Comparison
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Key characteristics
RCD:
-0.92
CPD.TO:
1.71
RCD:
-0.86
CPD.TO:
2.18
RCD:
0.65
CPD.TO:
1.37
RCD:
-0.53
CPD.TO:
1.58
RCD:
-1.39
CPD.TO:
7.36
RCD:
36.18%
CPD.TO:
1.75%
RCD:
55.06%
CPD.TO:
7.67%
RCD:
-95.34%
CPD.TO:
-40.92%
RCD:
-95.29%
CPD.TO:
-0.55%
Returns By Period
In the year-to-date period, RCD achieves a -4.82% return, which is significantly lower than CPD.TO's 2.74% return. Over the past 10 years, RCD has underperformed CPD.TO with an annualized return of -21.66%, while CPD.TO has yielded a comparatively higher 3.33% annualized return.
RCD
-4.82%
0.90%
-54.67%
-50.22%
-58.63%
-37.42%
-21.66%
CPD.TO
2.74%
5.12%
6.81%
12.88%
6.24%
9.97%
3.33%
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RCD vs. CPD.TO - Expense Ratio Comparison
RCD has a 0.40% expense ratio, which is lower than CPD.TO's 0.50% expense ratio.
Risk-Adjusted Performance
RCD vs. CPD.TO — Risk-Adjusted Performance Rank
RCD
CPD.TO
RCD vs. CPD.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500® Equal Weight Consumer Discretionary ETF (RCD) and iShares S&P/TSX Canadian Preferred Share Index ETF (CPD.TO). 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
RCD vs. CPD.TO - Dividend Comparison
RCD's dividend yield for the trailing twelve months is around 2.54%, less than CPD.TO's 5.65% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RCD Invesco S&P 500® Equal Weight Consumer Discretionary ETF | 2.54% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CPD.TO iShares S&P/TSX Canadian Preferred Share Index ETF | 5.65% | 5.11% | 5.88% | 5.53% | 4.17% | 4.96% | 5.02% | 4.74% | 4.33% | 4.85% | 5.44% | 4.60% |
Drawdowns
RCD vs. CPD.TO - Drawdown Comparison
The maximum RCD drawdown since its inception was -95.34%, which is greater than CPD.TO's maximum drawdown of -40.92%. Use the drawdown chart below to compare losses from any high point for RCD and CPD.TO. For additional features, visit the drawdowns tool.
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Volatility
RCD vs. CPD.TO - Volatility Comparison
Invesco S&P 500® Equal Weight Consumer Discretionary ETF (RCD) has a higher volatility of 3.48% compared to iShares S&P/TSX Canadian Preferred Share Index ETF (CPD.TO) at 1.56%. This indicates that RCD's price experiences larger fluctuations and is considered to be riskier than CPD.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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