RCD vs. XEI.TO
Compare and contrast key facts about Invesco S&P 500® Equal Weight Consumer Discretionary ETF (RCD) and iShares S&P/TSX Composite High Dividend Index ETF (XEI.TO).
RCD and XEI.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. XEI.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Canada GR CAD. It was launched on Apr 12, 2011. Both RCD and XEI.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 XEI.TO.
Correlation
The correlation between RCD and XEI.TO is 0.59, 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. XEI.TO - Performance Comparison
Key characteristics
RCD:
-0.81
XEI.TO:
2.05
RCD:
-0.66
XEI.TO:
2.85
RCD:
0.74
XEI.TO:
1.37
RCD:
-0.80
XEI.TO:
2.00
RCD:
-2.83
XEI.TO:
9.23
RCD:
15.78%
XEI.TO:
2.01%
RCD:
55.30%
XEI.TO:
9.01%
RCD:
-69.25%
XEI.TO:
-45.51%
RCD:
-55.32%
XEI.TO:
-1.68%
Returns By Period
In the year-to-date period, RCD achieves a -0.48% return, which is significantly lower than XEI.TO's 1.96% return. Over the past 10 years, RCD has underperformed XEI.TO with an annualized return of -0.49%, while XEI.TO has yielded a comparatively higher 7.84% annualized return.
RCD
-0.48%
-52.73%
-48.50%
-45.28%
-6.95%
-0.49%
XEI.TO
1.96%
3.53%
10.64%
18.65%
9.10%
7.84%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RCD vs. XEI.TO - Expense Ratio Comparison
RCD has a 0.40% expense ratio, which is higher than XEI.TO's 0.22% expense ratio.
Risk-Adjusted Performance
RCD vs. XEI.TO — Risk-Adjusted Performance Rank
RCD
XEI.TO
RCD vs. XEI.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 Composite High Dividend Index ETF (XEI.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.
Dividends
RCD vs. XEI.TO - Dividend Comparison
RCD's dividend yield for the trailing twelve months is around 1.37%, less than XEI.TO's 5.45% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RCD Invesco S&P 500® Equal Weight Consumer Discretionary ETF | 1.37% | 1.37% | 1.09% | 0.99% | 0.53% | 0.81% | 1.59% | 0.29% | 0.00% | 0.00% | 0.00% | 1.05% |
XEI.TO iShares S&P/TSX Composite High Dividend Index ETF | 5.45% | 5.56% | 5.08% | 4.78% | 3.65% | 5.13% | 4.71% | 5.53% | 4.37% | 4.51% | 5.75% | 7.94% |
Drawdowns
RCD vs. XEI.TO - Drawdown Comparison
The maximum RCD drawdown since its inception was -69.25%, which is greater than XEI.TO's maximum drawdown of -45.51%. Use the drawdown chart below to compare losses from any high point for RCD and XEI.TO. For additional features, visit the drawdowns tool.
Volatility
RCD vs. XEI.TO - Volatility Comparison
Invesco S&P 500® Equal Weight Consumer Discretionary ETF (RCD) has a higher volatility of 75.45% compared to iShares S&P/TSX Composite High Dividend Index ETF (XEI.TO) at 3.33%. This indicates that RCD's price experiences larger fluctuations and is considered to be riskier than XEI.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.