LAC vs. RGI
Compare and contrast key facts about Lithium Americas Corp. (LAC) and Invesco S&P 500® Equal Weight Industrials ETF (RGI).
RGI is a passively managed fund by Invesco that tracks the performance of the S&P Equal Weight Index Industrials. It was launched on Nov 1, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LAC or RGI.
Correlation
The correlation between LAC and RGI is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
LAC vs. RGI - Performance Comparison
Key characteristics
LAC:
-0.40
RGI:
0.46
LAC:
-0.23
RGI:
0.80
LAC:
0.98
RGI:
1.10
LAC:
-0.37
RGI:
0.21
LAC:
-0.86
RGI:
1.43
LAC:
35.41%
RGI:
6.39%
LAC:
73.00%
RGI:
20.14%
LAC:
-81.83%
RGI:
-82.66%
LAC:
-73.04%
RGI:
-33.20%
Returns By Period
In the year-to-date period, LAC achieves a 6.40% return, which is significantly higher than RGI's 0.57% return.
LAC
6.40%
16.18%
-19.39%
-28.99%
N/A
N/A
RGI
0.57%
6.54%
-7.16%
8.05%
19.62%
12.17%
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Risk-Adjusted Performance
LAC vs. RGI — Risk-Adjusted Performance Rank
LAC
RGI
LAC vs. RGI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lithium Americas Corp. (LAC) and Invesco S&P 500® Equal Weight Industrials ETF (RGI). 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
LAC vs. RGI - Dividend Comparison
LAC has not paid dividends to shareholders, while RGI's dividend yield for the trailing twelve months is around 0.45%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LAC Lithium Americas Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RGI Invesco S&P 500® Equal Weight Industrials ETF | 0.45% | 0.23% | 1.06% | 1.09% | 0.70% | 0.96% | 1.33% | 0.30% | 0.00% | 0.00% | 0.00% | 1.28% |
Drawdowns
LAC vs. RGI - Drawdown Comparison
The maximum LAC drawdown since its inception was -81.83%, roughly equal to the maximum RGI drawdown of -82.66%. Use the drawdown chart below to compare losses from any high point for LAC and RGI. For additional features, visit the drawdowns tool.
Volatility
LAC vs. RGI - Volatility Comparison
Lithium Americas Corp. (LAC) has a higher volatility of 14.47% compared to Invesco S&P 500® Equal Weight Industrials ETF (RGI) at 6.64%. This indicates that LAC's price experiences larger fluctuations and is considered to be riskier than RGI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.