RPV vs. VOO
Compare and contrast key facts about Invesco S&P 500® Pure Value ETF (RPV) and Vanguard S&P 500 ETF (VOO).
RPV and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RPV is a passively managed fund by Invesco that tracks the performance of the S&P 500/Citigroup Pure Value Index. It was launched on Mar 1, 2006. 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. Both RPV and VOO 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: RPV or VOO.
Key characteristics
| RPV | VOO | |
|---|---|---|
| YTD Return | 6.53% | 11.78% |
| 1Y Return | 21.21% | 28.27% |
| 3Y Return (Ann) | 5.15% | 10.42% |
| 5Y Return (Ann) | 9.07% | 15.03% |
| 10Y Return (Ann) | 7.71% | 13.05% |
| Sharpe Ratio | 1.50 | 2.56 |
| Daily Std Dev | 14.80% | 11.55% |
| Max Drawdown | -75.32% | -33.99% |
| Current Drawdown | -1.75% | -0.04% |
Correlation
The correlation between RPV and VOO is 0.82, 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
RPV vs. VOO - Performance Comparison
In the year-to-date period, RPV achieves a 6.53% return, which is significantly lower than VOO's 11.78% return. Over the past 10 years, RPV has underperformed VOO with an annualized return of 7.71%, while VOO has yielded a comparatively higher 13.05% 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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RPV vs. VOO - Expense Ratio Comparison
RPV has a 0.35% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
RPV vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500® Pure Value ETF (RPV) 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
RPV vs. VOO - Dividend Comparison
RPV's dividend yield for the trailing twelve months is around 2.29%, more than VOO's 1.32% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RPV Invesco S&P 500® Pure Value ETF | 2.29% | 2.38% | 2.29% | 1.92% | 2.11% | 2.28% | 2.49% | 1.73% | 1.73% | 2.39% | 1.57% | 1.13% |
VOO Vanguard S&P 500 ETF | 1.32% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
RPV vs. VOO - Drawdown Comparison
The maximum RPV drawdown since its inception was -75.32%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for RPV and VOO. For additional features, visit the drawdowns tool.
Volatility
RPV vs. VOO - Volatility Comparison
Invesco S&P 500® Pure Value ETF (RPV) and Vanguard S&P 500 ETF (VOO) have volatilities of 3.34% and 3.37%, 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.