RPG vs. RSP
Compare and contrast key facts about Invesco S&P 500® Pure Growth ETF (RPG) and Invesco S&P 500® Equal Weight ETF (RSP).
RPG and RSP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RPG is a passively managed fund by Invesco that tracks the performance of the S&P 500/Citigroup Pure Growth Index. It was launched on Mar 1, 2006. RSP is a passively managed fund by Invesco that tracks the performance of the S&P Equal Weight Index. It was launched on Apr 30, 2003. Both RPG and RSP 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: RPG or RSP.
Correlation
The correlation between RPG and RSP is 0.86, 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
RPG vs. RSP - Performance Comparison
Key characteristics
RPG:
1.62
RSP:
1.26
RPG:
2.18
RSP:
1.78
RPG:
1.29
RSP:
1.23
RPG:
1.11
RSP:
2.02
RPG:
8.48
RSP:
6.56
RPG:
3.70%
RSP:
2.20%
RPG:
19.43%
RSP:
11.45%
RPG:
-53.27%
RSP:
-59.92%
RPG:
-4.27%
RSP:
-5.71%
Returns By Period
In the year-to-date period, RPG achieves a 30.93% return, which is significantly higher than RSP's 13.47% return. Over the past 10 years, RPG has outperformed RSP with an annualized return of 10.82%, while RSP has yielded a comparatively lower 9.95% annualized return.
RPG
30.93%
-1.62%
14.66%
31.17%
11.35%
10.82%
RSP
13.47%
-4.65%
7.17%
14.04%
10.75%
9.95%
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RPG vs. RSP - Expense Ratio Comparison
RPG has a 0.35% expense ratio, which is higher than RSP's 0.20% expense ratio.
Risk-Adjusted Performance
RPG vs. RSP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500® Pure Growth ETF (RPG) and Invesco S&P 500® Equal Weight ETF (RSP). 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
RPG vs. RSP - Dividend Comparison
RPG's dividend yield for the trailing twelve months is around 0.24%, less than RSP's 1.51% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Invesco S&P 500® Pure Growth ETF | 0.24% | 1.44% | 0.74% | 0.00% | 0.46% | 0.83% | 0.47% | 0.56% | 0.43% | 0.73% | 0.67% | 0.56% |
Invesco S&P 500® Equal Weight ETF | 1.51% | 1.63% | 1.82% | 1.28% | 1.64% | 1.69% | 2.02% | 1.52% | 1.20% | 1.70% | 1.46% | 1.27% |
Drawdowns
RPG vs. RSP - Drawdown Comparison
The maximum RPG drawdown since its inception was -53.27%, smaller than the maximum RSP drawdown of -59.92%. Use the drawdown chart below to compare losses from any high point for RPG and RSP. For additional features, visit the drawdowns tool.
Volatility
RPG vs. RSP - Volatility Comparison
Invesco S&P 500® Pure Growth ETF (RPG) has a higher volatility of 5.75% compared to Invesco S&P 500® Equal Weight ETF (RSP) at 3.82%. This indicates that RPG's price experiences larger fluctuations and is considered to be riskier than RSP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.