RECS vs. SPHQ
Compare and contrast key facts about Columbia Research Enhanced Core ETF (RECS) and Invesco S&P 500® Quality ETF (SPHQ).
RECS and SPHQ 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. SPHQ is a passively managed fund by Invesco that tracks the performance of the S&P 500 High Quality Rankings Index. It was launched on Dec 6, 2005. Both RECS and SPHQ 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 SPHQ.
Correlation
The correlation between RECS and SPHQ 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. SPHQ - Performance Comparison
Key characteristics
RECS:
2.06
SPHQ:
2.09
RECS:
2.76
SPHQ:
2.88
RECS:
1.38
SPHQ:
1.37
RECS:
3.16
SPHQ:
4.17
RECS:
12.89
SPHQ:
13.93
RECS:
1.96%
SPHQ:
1.85%
RECS:
12.24%
SPHQ:
12.33%
RECS:
-34.29%
SPHQ:
-57.83%
RECS:
-0.05%
SPHQ:
-0.42%
Returns By Period
In the year-to-date period, RECS achieves a 4.04% return, which is significantly lower than SPHQ's 5.65% return.
RECS
4.04%
2.62%
10.82%
23.70%
15.32%
N/A
SPHQ
5.65%
5.11%
9.10%
24.30%
15.20%
13.54%
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RECS vs. SPHQ - Expense Ratio Comparison
Both RECS and SPHQ have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
RECS vs. SPHQ — Risk-Adjusted Performance Rank
RECS
SPHQ
RECS vs. SPHQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Research Enhanced Core ETF (RECS) and Invesco S&P 500® Quality ETF (SPHQ). 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. SPHQ - Dividend Comparison
RECS's dividend yield for the trailing twelve months is around 1.05%, less than SPHQ's 1.09% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RECS Columbia Research Enhanced Core ETF | 1.05% | 1.09% | 1.00% | 1.41% | 20.65% | 1.09% | 0.49% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPHQ Invesco S&P 500® Quality ETF | 1.09% | 1.15% | 1.43% | 1.85% | 1.19% | 1.56% | 1.50% | 1.86% | 1.57% | 1.68% | 2.29% | 1.66% |
Drawdowns
RECS vs. SPHQ - Drawdown Comparison
The maximum RECS drawdown since its inception was -34.29%, smaller than the maximum SPHQ drawdown of -57.83%. Use the drawdown chart below to compare losses from any high point for RECS and SPHQ. For additional features, visit the drawdowns tool.
Volatility
RECS vs. SPHQ - Volatility Comparison
Columbia Research Enhanced Core ETF (RECS) has a higher volatility of 3.15% compared to Invesco S&P 500® Quality ETF (SPHQ) at 2.63%. This indicates that RECS's price experiences larger fluctuations and is considered to be riskier than SPHQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.