RPAR vs. ABRYX
Compare and contrast key facts about RPAR Risk Parity ETF (RPAR) and Invesco Balanced-Risk Allocation Fund (ABRYX).
RPAR is an actively managed fund by Toroso Investments. It was launched on Dec 13, 2019. ABRYX is managed by Invesco. It was launched on Jun 1, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RPAR or ABRYX.
Correlation
The correlation between RPAR and ABRYX is 0.64, 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
RPAR vs. ABRYX - Performance Comparison
Key characteristics
RPAR:
0.37
ABRYX:
-0.09
RPAR:
0.57
ABRYX:
-0.06
RPAR:
1.07
ABRYX:
0.99
RPAR:
0.20
ABRYX:
-0.04
RPAR:
0.93
ABRYX:
-0.23
RPAR:
4.60%
ABRYX:
3.77%
RPAR:
11.67%
ABRYX:
9.69%
RPAR:
-30.16%
ABRYX:
-27.29%
RPAR:
-18.35%
ABRYX:
-17.78%
Returns By Period
In the year-to-date period, RPAR achieves a 1.40% return, which is significantly higher than ABRYX's -1.12% return.
RPAR
1.40%
-4.35%
-5.44%
3.89%
1.31%
N/A
ABRYX
-1.12%
-3.99%
-5.77%
-0.32%
2.22%
-0.08%
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RPAR vs. ABRYX - Expense Ratio Comparison
RPAR has a 0.51% expense ratio, which is lower than ABRYX's 1.06% expense ratio.
Risk-Adjusted Performance
RPAR vs. ABRYX — Risk-Adjusted Performance Rank
RPAR
ABRYX
RPAR vs. ABRYX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for RPAR Risk Parity ETF (RPAR) and Invesco Balanced-Risk Allocation Fund (ABRYX). 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
RPAR vs. ABRYX - Dividend Comparison
RPAR's dividend yield for the trailing twelve months is around 2.67%, less than ABRYX's 13.36% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RPAR RPAR Risk Parity ETF | 2.67% | 2.52% | 3.15% | 4.01% | 2.03% | 0.76% | 0.23% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ABRYX Invesco Balanced-Risk Allocation Fund | 13.36% | 13.21% | 2.43% | 0.00% | 14.73% | 1.40% | 6.66% | 0.00% | 0.00% | 4.15% | 3.12% | 2.41% |
Drawdowns
RPAR vs. ABRYX - Drawdown Comparison
The maximum RPAR drawdown since its inception was -30.16%, which is greater than ABRYX's maximum drawdown of -27.29%. Use the drawdown chart below to compare losses from any high point for RPAR and ABRYX. For additional features, visit the drawdowns tool.
Volatility
RPAR vs. ABRYX - Volatility Comparison
RPAR Risk Parity ETF (RPAR) has a higher volatility of 6.59% compared to Invesco Balanced-Risk Allocation Fund (ABRYX) at 4.45%. This indicates that RPAR's price experiences larger fluctuations and is considered to be riskier than ABRYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.