REMX vs. RTM
Compare and contrast key facts about VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) and Invesco S&P 500® Equal Weight Materials ETF (RTM).
REMX and RTM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. REMX is a passively managed fund by VanEck that tracks the performance of the MVIS Global Rare Earth/Strategic Metals Index. It was launched on Oct 27, 2010. RTM is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weighted / Materials -SEC. It was launched on Nov 1, 2006. Both REMX and RTM 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: REMX or RTM.
Key characteristics
| REMX | RTM | |
|---|---|---|
| YTD Return | -11.03% | 8.40% |
| 1Y Return | -35.03% | 20.07% |
| 3Y Return (Ann) | -9.25% | 3.11% |
| 5Y Return (Ann) | 8.03% | 14.33% |
| 10Y Return (Ann) | -3.19% | 10.32% |
| Sharpe Ratio | -1.09 | 1.23 |
| Daily Std Dev | 32.38% | 16.30% |
| Max Drawdown | -90.21% | -57.93% |
| Current Drawdown | -75.99% | -0.46% |
Correlation
The correlation between REMX and RTM is 0.60, 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
REMX vs. RTM - Performance Comparison
In the year-to-date period, REMX achieves a -11.03% return, which is significantly lower than RTM's 8.40% return. Over the past 10 years, REMX has underperformed RTM with an annualized return of -3.19%, while RTM has yielded a comparatively higher 10.32% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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REMX vs. RTM - Expense Ratio Comparison
REMX has a 0.59% expense ratio, which is higher than RTM's 0.40% expense ratio.
Risk-Adjusted Performance
REMX vs. RTM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) and Invesco S&P 500® Equal Weight Materials ETF (RTM). 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
REMX vs. RTM - Dividend Comparison
REMX has not paid dividends to shareholders, while RTM's dividend yield for the trailing twelve months is around 1.89%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
REMX VanEck Vectors Rare Earth/Strategic Metals ETF | 0.00% | 0.00% | 1.56% | 5.25% | 0.81% | 1.60% | 12.43% | 2.89% | 2.23% | 4.77% | 1.53% | 0.23% |
RTM Invesco S&P 500® Equal Weight Materials ETF | 1.89% | 2.05% | 2.19% | 1.43% | 1.57% | 1.81% | 1.83% | 1.50% | 1.28% | 1.57% | 1.45% | 1.36% |
Drawdowns
REMX vs. RTM - Drawdown Comparison
The maximum REMX drawdown since its inception was -90.21%, which is greater than RTM's maximum drawdown of -57.93%. Use the drawdown chart below to compare losses from any high point for REMX and RTM. For additional features, visit the drawdowns tool.
Volatility
REMX vs. RTM - Volatility Comparison
VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) has a higher volatility of 8.34% compared to Invesco S&P 500® Equal Weight Materials ETF (RTM) at 3.86%. This indicates that REMX's price experiences larger fluctuations and is considered to be riskier than RTM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.