RSPC vs. SPY
Compare and contrast key facts about Invesco S&P 500 Equal Weight Communication Services ETF (RSPC) and SPDR S&P 500 ETF (SPY).
RSPC and SPY 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. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both RSPC and SPY 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: RSPC or SPY.
Correlation
The correlation between RSPC and SPY is 0.77, 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
RSPC vs. SPY - Performance Comparison
Key characteristics
RSPC:
2.01
SPY:
1.72
RSPC:
2.65
SPY:
2.33
RSPC:
1.34
SPY:
1.32
RSPC:
0.94
SPY:
2.61
RSPC:
10.37
SPY:
10.82
RSPC:
2.48%
SPY:
2.03%
RSPC:
12.80%
SPY:
12.75%
RSPC:
-38.03%
SPY:
-55.19%
RSPC:
-5.21%
SPY:
-1.05%
Returns By Period
In the year-to-date period, RSPC achieves a 5.50% return, which is significantly higher than SPY's 2.95% return.
RSPC
5.50%
7.50%
18.92%
26.29%
7.03%
N/A
SPY
2.95%
3.78%
11.68%
23.68%
14.09%
13.13%
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RSPC vs. SPY - Expense Ratio Comparison
RSPC has a 0.40% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
RSPC vs. SPY — Risk-Adjusted Performance Rank
RSPC
SPY
RSPC vs. SPY - 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 SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
RSPC's dividend yield for the trailing twelve months is around 0.98%, less than SPY's 1.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RSPC Invesco S&P 500 Equal Weight Communication Services ETF | 0.98% | 1.03% | 0.99% | 1.44% | 1.10% | 1.05% | 1.54% | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.17% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
RSPC vs. SPY - Drawdown Comparison
The maximum RSPC drawdown since its inception was -38.03%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for RSPC and SPY. For additional features, visit the drawdowns tool.
Volatility
RSPC vs. SPY - Volatility Comparison
The current volatility for Invesco S&P 500 Equal Weight Communication Services ETF (RSPC) is 2.35%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.45%. This indicates that RSPC experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.