ROSC vs. SPGP
Compare and contrast key facts about Hartford Multifactor Small Cap ETF (ROSC) and Invesco S&P 500 GARP ETF (SPGP).
ROSC and SPGP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ROSC is a passively managed fund by The Hartford that tracks the performance of the ROSC-US - Hartford Multifactor Small Cap Index. It was launched on Mar 24, 2015. SPGP is a passively managed fund by Invesco that tracks the performance of the S&P 500 GARP Index. It was launched on Jun 16, 2011. Both ROSC and SPGP 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: ROSC or SPGP.
Key characteristics
| ROSC | SPGP | |
|---|---|---|
| YTD Return | -1.05% | 5.47% |
| 1Y Return | 22.49% | 24.09% |
| 3Y Return (Ann) | 3.89% | 7.22% |
| 5Y Return (Ann) | 9.65% | 15.31% |
| Sharpe Ratio | 1.32 | 1.80 |
| Daily Std Dev | 16.81% | 13.44% |
| Max Drawdown | -43.13% | -42.08% |
| Current Drawdown | -2.24% | -3.47% |
Correlation
The correlation between ROSC and SPGP is 0.72, 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
ROSC vs. SPGP - Performance Comparison
In the year-to-date period, ROSC achieves a -1.05% return, which is significantly lower than SPGP's 5.47% 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.
ROSC vs. SPGP - Expense Ratio Comparison
ROSC has a 0.34% expense ratio, which is lower than SPGP's 0.36% expense ratio.
Risk-Adjusted Performance
ROSC vs. SPGP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford Multifactor Small Cap ETF (ROSC) and Invesco S&P 500 GARP ETF (SPGP). 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
ROSC vs. SPGP - Dividend Comparison
ROSC's dividend yield for the trailing twelve months is around 2.03%, more than SPGP's 1.30% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ROSC Hartford Multifactor Small Cap ETF | 2.03% | 2.01% | 1.51% | 2.13% | 1.75% | 3.05% | 2.86% | 2.13% | 2.20% | 2.48% | 0.00% | 0.00% |
SPGP Invesco S&P 500 GARP ETF | 1.30% | 1.24% | 1.22% | 0.69% | 1.10% | 0.86% | 0.95% | 0.68% | 0.89% | 1.12% | 1.52% | 2.11% |
Drawdowns
ROSC vs. SPGP - Drawdown Comparison
The maximum ROSC drawdown since its inception was -43.13%, roughly equal to the maximum SPGP drawdown of -42.08%. Use the drawdown chart below to compare losses from any high point for ROSC and SPGP. For additional features, visit the drawdowns tool.
Volatility
ROSC vs. SPGP - Volatility Comparison
Hartford Multifactor Small Cap ETF (ROSC) and Invesco S&P 500 GARP ETF (SPGP) have volatilities of 3.97% and 4.06%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.