RSPD vs. RSPT
Compare and contrast key facts about Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD) and Invesco S&P 500 Equal Weight Technology ETF (RSPT).
RSPD and RSPT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. RSPT is a passively managed fund by Invesco that tracks the performance of the S&P 500® Information Technology Index. It was launched on Jan 11, 2006. Both RSPD and RSPT 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: RSPD or RSPT.
Correlation
The correlation between RSPD and RSPT 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. RSPT - Performance Comparison
Key characteristics
RSPD:
0.16
RSPT:
0.17
RSPD:
0.38
RSPT:
0.42
RSPD:
1.05
RSPT:
1.06
RSPD:
0.16
RSPT:
0.17
RSPD:
0.60
RSPT:
0.61
RSPD:
5.63%
RSPT:
7.44%
RSPD:
21.71%
RSPT:
27.36%
RSPD:
-68.00%
RSPT:
-58.91%
RSPD:
-12.65%
RSPT:
-14.89%
Returns By Period
The year-to-date returns for both investments are quite close, with RSPD having a -8.41% return and RSPT slightly higher at -8.38%. Over the past 10 years, RSPD has underperformed RSPT with an annualized return of 6.14%, while RSPT has yielded a comparatively higher 14.94% annualized return.
RSPD
-8.41%
-4.77%
-5.47%
3.05%
15.35%
6.14%
RSPT
-8.38%
-3.41%
-8.66%
3.53%
15.09%
14.94%
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RSPD vs. RSPT - Expense Ratio Comparison
Both RSPD and RSPT have an expense ratio of 0.40%.
Risk-Adjusted Performance
RSPD vs. RSPT — Risk-Adjusted Performance Rank
RSPD
RSPT
RSPD vs. RSPT - 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 Invesco S&P 500 Equal Weight Technology ETF (RSPT). 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
RSPD vs. RSPT - Dividend Comparison
RSPD's dividend yield for the trailing twelve months is around 1.02%, more than RSPT's 0.48% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RSPD Invesco S&P 500 Equal Weight Consumer Discretionary ETF | 1.02% | 0.84% | 1.09% | 1.00% | 0.53% | 0.81% | 1.59% | 1.67% | 1.45% | 1.27% | 1.37% | 1.05% |
RSPT Invesco S&P 500 Equal Weight Technology ETF | 0.48% | 0.44% | 0.56% | 0.71% | 0.50% | 1.29% | 0.92% | 0.98% | 0.84% | 1.16% | 1.18% | 1.16% |
Drawdowns
RSPD vs. RSPT - Drawdown Comparison
The maximum RSPD drawdown since its inception was -68.00%, which is greater than RSPT's maximum drawdown of -58.91%. Use the drawdown chart below to compare losses from any high point for RSPD and RSPT. For additional features, visit the drawdowns tool.
Volatility
RSPD vs. RSPT - Volatility Comparison
The current volatility for Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD) is 14.67%, while Invesco S&P 500 Equal Weight Technology ETF (RSPT) has a volatility of 18.76%. This indicates that RSPD experiences smaller price fluctuations and is considered to be less risky than RSPT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.