RND.AX vs. SPHQ
Compare and contrast key facts about Rand Mining Limited (RND.AX) and Invesco S&P 500® Quality ETF (SPHQ).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RND.AX or SPHQ.
Correlation
The correlation between RND.AX and SPHQ is 0.23, 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
RND.AX vs. SPHQ - Performance Comparison
Key characteristics
RND.AX:
1.38
SPHQ:
2.02
RND.AX:
1.89
SPHQ:
2.79
RND.AX:
1.32
SPHQ:
1.36
RND.AX:
1.02
SPHQ:
4.03
RND.AX:
4.44
SPHQ:
13.49
RND.AX:
12.46%
SPHQ:
1.84%
RND.AX:
40.36%
SPHQ:
12.34%
RND.AX:
-96.01%
SPHQ:
-57.83%
RND.AX:
-28.77%
SPHQ:
-1.53%
Returns By Period
In the year-to-date period, RND.AX achieves a 17.82% return, which is significantly higher than SPHQ's 4.62% return. Both investments have delivered pretty close results over the past 10 years, with RND.AX having a 12.69% annualized return and SPHQ not far ahead at 13.31%.
RND.AX
17.82%
19.00%
17.00%
55.35%
2.23%
12.69%
SPHQ
4.62%
1.31%
6.89%
21.41%
15.25%
13.31%
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Risk-Adjusted Performance
RND.AX vs. SPHQ — Risk-Adjusted Performance Rank
RND.AX
SPHQ
RND.AX vs. SPHQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rand Mining Limited (RND.AX) 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
RND.AX vs. SPHQ - Dividend Comparison
RND.AX's dividend yield for the trailing twelve months is around 5.60%, more than SPHQ's 1.10% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RND.AX Rand Mining Limited | 5.60% | 6.60% | 7.30% | 7.35% | 6.85% | 5.51% | 4.24% | 67.16% | 3.44% | 0.00% | 0.00% | 0.00% |
SPHQ Invesco S&P 500® Quality ETF | 1.10% | 1.15% | 1.43% | 1.85% | 1.19% | 1.56% | 1.50% | 1.86% | 1.57% | 1.68% | 2.29% | 1.66% |
Drawdowns
RND.AX vs. SPHQ - Drawdown Comparison
The maximum RND.AX drawdown since its inception was -96.01%, which is greater than SPHQ's maximum drawdown of -57.83%. Use the drawdown chart below to compare losses from any high point for RND.AX and SPHQ. For additional features, visit the drawdowns tool.
Volatility
RND.AX vs. SPHQ - Volatility Comparison
Rand Mining Limited (RND.AX) has a higher volatility of 14.90% compared to Invesco S&P 500® Quality ETF (SPHQ) at 2.71%. This indicates that RND.AX'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.