RPSIX vs. VOO
Compare and contrast key facts about T. Rowe Price Spectrum Income Fund (RPSIX) and Vanguard S&P 500 ETF (VOO).
RPSIX is managed by T. Rowe Price. It was launched on Jun 28, 1990. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RPSIX or VOO.
Key characteristics
| RPSIX | VOO | |
|---|---|---|
| YTD Return | 5.31% | 18.91% |
| 1Y Return | 11.28% | 28.20% |
| 3Y Return (Ann) | 0.50% | 9.93% |
| 5Y Return (Ann) | 2.47% | 15.31% |
| 10Y Return (Ann) | 3.11% | 12.87% |
| Sharpe Ratio | 2.36 | 2.21 |
| Daily Std Dev | 4.69% | 12.64% |
| Max Drawdown | -16.70% | -33.99% |
| Current Drawdown | -0.17% | -0.60% |
Correlation
The correlation between RPSIX and VOO is 0.56, 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
RPSIX vs. VOO - Performance Comparison
In the year-to-date period, RPSIX achieves a 5.31% return, which is significantly lower than VOO's 18.91% return. Over the past 10 years, RPSIX has underperformed VOO with an annualized return of 3.11%, while VOO has yielded a comparatively higher 12.87% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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RPSIX vs. VOO - Expense Ratio Comparison
RPSIX has a 0.62% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
RPSIX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Spectrum Income Fund (RPSIX) and Vanguard S&P 500 ETF (VOO). 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
RPSIX vs. VOO - Dividend Comparison
RPSIX's dividend yield for the trailing twelve months is around 4.51%, more than VOO's 1.28% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RPSIX T. Rowe Price Spectrum Income Fund | 4.51% | 4.25% | 4.93% | 3.92% | 3.64% | 3.79% | 4.73% | 3.91% | 3.77% | 4.72% | 4.39% | 4.91% |
VOO Vanguard S&P 500 ETF | 1.28% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
RPSIX vs. VOO - Drawdown Comparison
The maximum RPSIX drawdown since its inception was -16.70%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for RPSIX and VOO. For additional features, visit the drawdowns tool.
Volatility
RPSIX vs. VOO - Volatility Comparison
The current volatility for T. Rowe Price Spectrum Income Fund (RPSIX) is 0.77%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.83%. This indicates that RPSIX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.