RSPD vs. ^GSPC
Compare and contrast key facts about Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD) and S&P 500 (^GSPC).
RSPD is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weighted / Consumer Discretionary -SEC. It was launched on Nov 1, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RSPD or ^GSPC.
Correlation
The correlation between RSPD and ^GSPC is 0.78, 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
RSPD vs. ^GSPC - Performance Comparison
Key characteristics
RSPD:
0.90
^GSPC:
1.62
RSPD:
1.31
^GSPC:
2.20
RSPD:
1.16
^GSPC:
1.30
RSPD:
1.08
^GSPC:
2.46
RSPD:
3.23
^GSPC:
10.01
RSPD:
4.41%
^GSPC:
2.08%
RSPD:
15.80%
^GSPC:
12.88%
RSPD:
-68.00%
^GSPC:
-56.78%
RSPD:
-3.59%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, RSPD achieves a 1.09% return, which is significantly lower than ^GSPC's 2.24% return. Over the past 10 years, RSPD has underperformed ^GSPC with an annualized return of 7.22%, while ^GSPC has yielded a comparatively higher 11.04% annualized return.
RSPD
1.09%
-0.44%
9.27%
12.31%
9.25%
7.22%
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
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Risk-Adjusted Performance
RSPD vs. ^GSPC — Risk-Adjusted Performance Rank
RSPD
^GSPC
RSPD vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD) 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
RSPD vs. ^GSPC - Drawdown Comparison
The maximum RSPD drawdown since its inception was -68.00%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for RSPD and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
RSPD vs. ^GSPC - Volatility Comparison
Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD) has a higher volatility of 4.69% compared to S&P 500 (^GSPC) at 3.43%. This indicates that RSPD's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.