RECS vs. IUS
Compare and contrast key facts about Columbia Research Enhanced Core ETF (RECS) and Invesco RAFI Strategic US ETF (IUS).
RECS and IUS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RECS is a passively managed fund by Ameriprise Financial that tracks the performance of the Beta Advantage Research Enhanced U.S. Equity Index. It was launched on Sep 25, 2019. IUS is a passively managed fund by Invesco that tracks the performance of the Invesco Strategic US Index. It was launched on Sep 12, 2018. Both RECS and IUS 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: RECS or IUS.
Key characteristics
| RECS | IUS | |
|---|---|---|
| YTD Return | 13.46% | 9.95% |
| 1Y Return | 28.57% | 24.39% |
| 3Y Return (Ann) | 11.62% | 10.54% |
| Sharpe Ratio | 2.61 | 2.42 |
| Daily Std Dev | 11.40% | 10.50% |
| Max Drawdown | -34.29% | -34.67% |
| Current Drawdown | -0.19% | -0.06% |
Correlation
The correlation between RECS and IUS is 0.88, 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.
Performance
RECS vs. IUS - Performance Comparison
In the year-to-date period, RECS achieves a 13.46% return, which is significantly higher than IUS's 9.95% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RECS vs. IUS - Expense Ratio Comparison
RECS has a 0.15% expense ratio, which is lower than IUS's 0.19% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
RECS vs. IUS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Research Enhanced Core ETF (RECS) and Invesco RAFI Strategic US ETF (IUS). 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
RECS vs. IUS - Dividend Comparison
RECS's dividend yield for the trailing twelve months is around 0.88%, less than IUS's 1.57% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
RECS Columbia Research Enhanced Core ETF | 0.88% | 1.00% | 1.41% | 20.64% | 1.09% | 0.49% | 0.00% |
IUS Invesco RAFI Strategic US ETF | 1.57% | 1.72% | 1.78% | 1.46% | 1.74% | 1.77% | 0.73% |
Drawdowns
RECS vs. IUS - Drawdown Comparison
The maximum RECS drawdown since its inception was -34.29%, roughly equal to the maximum IUS drawdown of -34.67%. Use the drawdown chart below to compare losses from any high point for RECS and IUS. For additional features, visit the drawdowns tool.
Volatility
RECS vs. IUS - Volatility Comparison
Columbia Research Enhanced Core ETF (RECS) has a higher volatility of 3.59% compared to Invesco RAFI Strategic US ETF (IUS) at 3.02%. This indicates that RECS's price experiences larger fluctuations and is considered to be riskier than IUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.