RCD vs. XLP
Compare and contrast key facts about Invesco S&P 500® Equal Weight Consumer Discretionary ETF (RCD) and Consumer Staples Select Sector SPDR Fund (XLP).
RCD and XLP 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. XLP is a passively managed fund by State Street that tracks the performance of the Consumer Staples Select Sector Index. It was launched on Dec 16, 1998. Both RCD and XLP 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 XLP.
Performance
RCD vs. XLP - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with RCD having a 13.87% return and XLP slightly lower at 13.27%. Over the past 10 years, RCD has underperformed XLP with an annualized return of 7.43%, while XLP has yielded a comparatively higher 8.03% annualized return.
RCD
13.87%
1.38%
11.82%
27.73%
9.46%
7.43%
XLP
13.27%
-3.00%
3.56%
18.15%
8.30%
8.03%
Key characteristics
| RCD | XLP | |
|---|---|---|
| Sharpe Ratio | 1.72 | 1.64 |
| Sortino Ratio | 2.39 | 2.36 |
| Omega Ratio | 1.30 | 1.28 |
| Calmar Ratio | 1.47 | 1.62 |
| Martin Ratio | 6.56 | 10.06 |
| Ulcer Index | 4.22% | 1.66% |
| Daily Std Dev | 16.07% | 10.18% |
| Max Drawdown | -69.25% | -35.89% |
| Current Drawdown | -0.67% | -4.60% |
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RCD vs. XLP - Expense Ratio Comparison
RCD has a 0.40% expense ratio, which is higher than XLP's 0.13% expense ratio.
Correlation
The correlation between RCD and XLP is 0.54, 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.
Risk-Adjusted Performance
RCD vs. XLP - 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 Consumer Staples Select Sector SPDR Fund (XLP). 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. XLP - Dividend Comparison
RCD's dividend yield for the trailing twelve months is around 0.85%, less than XLP's 2.64% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RCD Invesco S&P 500® Equal Weight Consumer Discretionary ETF | 0.85% | 1.09% | 0.99% | 0.53% | 0.81% | 1.59% | 0.29% | 0.00% | 0.00% | 0.00% | 1.05% | 0.87% |
XLP Consumer Staples Select Sector SPDR Fund | 2.64% | 2.63% | 2.47% | 2.28% | 2.50% | 2.57% | 3.04% | 2.62% | 2.53% | 2.53% | 2.40% | 2.39% |
Drawdowns
RCD vs. XLP - Drawdown Comparison
The maximum RCD drawdown since its inception was -69.25%, which is greater than XLP's maximum drawdown of -35.89%. Use the drawdown chart below to compare losses from any high point for RCD and XLP. For additional features, visit the drawdowns tool.
Volatility
RCD vs. XLP - Volatility Comparison
Invesco S&P 500® Equal Weight Consumer Discretionary ETF (RCD) has a higher volatility of 3.94% compared to Consumer Staples Select Sector SPDR Fund (XLP) at 2.97%. This indicates that RCD's price experiences larger fluctuations and is considered to be riskier than XLP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.