RSPC vs. GABF
Compare and contrast key facts about Invesco S&P 500 Equal Weight Communication Services ETF (RSPC) and Gabelli Financial Services Opportunities ETF (GABF).
RSPC and GABF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RSPC is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weight Communication Services Plus Index. It was launched on Nov 7, 2018. GABF is an actively managed fund by Gabelli. It was launched on May 9, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RSPC or GABF.
Correlation
The correlation between RSPC and GABF is 0.69, 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
RSPC vs. GABF - Performance Comparison
Key characteristics
RSPC:
2.13
GABF:
2.51
RSPC:
2.80
GABF:
3.45
RSPC:
1.36
GABF:
1.46
RSPC:
0.98
GABF:
4.28
RSPC:
11.02
GABF:
15.49
RSPC:
2.44%
GABF:
2.70%
RSPC:
12.59%
GABF:
16.68%
RSPC:
-38.03%
GABF:
-17.14%
RSPC:
-3.92%
GABF:
-2.54%
Returns By Period
In the year-to-date period, RSPC achieves a 6.94% return, which is significantly higher than GABF's 3.81% return.
RSPC
6.94%
6.27%
17.69%
28.28%
7.56%
N/A
GABF
3.81%
0.28%
20.38%
42.71%
N/A
N/A
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RSPC vs. GABF - Expense Ratio Comparison
RSPC has a 0.40% expense ratio, which is higher than GABF's 0.10% expense ratio.
Risk-Adjusted Performance
RSPC vs. GABF — Risk-Adjusted Performance Rank
RSPC
GABF
RSPC vs. GABF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Equal Weight Communication Services ETF (RSPC) and Gabelli Financial Services Opportunities ETF (GABF). 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
RSPC vs. GABF - Dividend Comparison
RSPC's dividend yield for the trailing twelve months is around 0.97%, less than GABF's 4.04% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
---|---|---|---|---|---|---|---|---|
RSPC Invesco S&P 500 Equal Weight Communication Services ETF | 0.97% | 1.03% | 0.99% | 1.44% | 1.10% | 1.05% | 1.54% | 0.24% |
GABF Gabelli Financial Services Opportunities ETF | 4.04% | 4.19% | 4.95% | 1.31% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
RSPC vs. GABF - Drawdown Comparison
The maximum RSPC drawdown since its inception was -38.03%, which is greater than GABF's maximum drawdown of -17.14%. Use the drawdown chart below to compare losses from any high point for RSPC and GABF. For additional features, visit the drawdowns tool.
Volatility
RSPC vs. GABF - Volatility Comparison
The current volatility for Invesco S&P 500 Equal Weight Communication Services ETF (RSPC) is 2.32%, while Gabelli Financial Services Opportunities ETF (GABF) has a volatility of 3.97%. This indicates that RSPC experiences smaller price fluctuations and is considered to be less risky than GABF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.