RSPC vs. ^GSPC
Compare and contrast key facts about Invesco S&P 500 Equal Weight Communication Services ETF (RSPC) and S&P 500 (^GSPC).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RSPC or ^GSPC.
Correlation
The correlation between RSPC and ^GSPC 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. ^GSPC - Performance Comparison
Key characteristics
RSPC:
2.09
^GSPC:
1.62
RSPC:
2.75
^GSPC:
2.20
RSPC:
1.36
^GSPC:
1.30
RSPC:
0.97
^GSPC:
2.46
RSPC:
10.82
^GSPC:
10.01
RSPC:
2.44%
^GSPC:
2.08%
RSPC:
12.64%
^GSPC:
12.88%
RSPC:
-38.03%
^GSPC:
-56.78%
RSPC:
-4.99%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, RSPC achieves a 5.76% return, which is significantly higher than ^GSPC's 2.24% return.
RSPC
5.76%
4.55%
14.95%
25.98%
7.31%
N/A
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
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Risk-Adjusted Performance
RSPC vs. ^GSPC — Risk-Adjusted Performance Rank
RSPC
^GSPC
RSPC vs. ^GSPC - 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 S&P 500 (^GSPC). 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.
Drawdowns
RSPC vs. ^GSPC - Drawdown Comparison
The maximum RSPC drawdown since its inception was -38.03%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for RSPC and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
RSPC vs. ^GSPC - Volatility Comparison
The current volatility for Invesco S&P 500 Equal Weight Communication Services ETF (RSPC) is 2.69%, while S&P 500 (^GSPC) has a volatility of 3.43%. This indicates that RSPC experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.