RSPD vs. SPHQ
Compare and contrast key facts about Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD) and Invesco S&P 500® Quality ETF (SPHQ).
RSPD and SPHQ 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. SPHQ is a passively managed fund by Invesco that tracks the performance of the S&P 500 High Quality Rankings Index. It was launched on Dec 6, 2005. Both RSPD and SPHQ 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 SPHQ.
Correlation
The correlation between RSPD and SPHQ is 0.74, 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. SPHQ - Performance Comparison
Key characteristics
RSPD:
1.01
SPHQ:
2.30
RSPD:
1.46
SPHQ:
3.16
RSPD:
1.18
SPHQ:
1.42
RSPD:
1.24
SPHQ:
4.58
RSPD:
3.82
SPHQ:
17.18
RSPD:
4.26%
SPHQ:
1.64%
RSPD:
16.10%
SPHQ:
12.27%
RSPD:
-68.00%
SPHQ:
-57.83%
RSPD:
-3.63%
SPHQ:
-2.71%
Returns By Period
In the year-to-date period, RSPD achieves a 14.55% return, which is significantly lower than SPHQ's 26.71% return. Over the past 10 years, RSPD has underperformed SPHQ with an annualized return of 7.60%, while SPHQ has yielded a comparatively higher 13.04% annualized return.
RSPD
14.55%
2.23%
11.82%
14.19%
8.85%
7.60%
SPHQ
26.71%
-0.07%
5.75%
26.92%
14.94%
13.04%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RSPD vs. SPHQ - Expense Ratio Comparison
RSPD has a 0.40% expense ratio, which is higher than SPHQ's 0.15% expense ratio.
Risk-Adjusted Performance
RSPD vs. SPHQ - 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® Quality ETF (SPHQ). 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. SPHQ - Dividend Comparison
RSPD's dividend yield for the trailing twelve months is around 0.64%, less than SPHQ's 0.85% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RSPD Invesco S&P 500 Equal Weight Consumer Discretionary ETF | 0.64% | 1.09% | 1.00% | 0.53% | 0.81% | 1.59% | 1.67% | 1.45% | 1.27% | 1.37% | 1.05% | 0.87% |
SPHQ Invesco S&P 500® Quality ETF | 0.85% | 1.43% | 1.85% | 1.19% | 1.56% | 1.50% | 1.86% | 1.57% | 1.68% | 2.29% | 1.66% | 1.99% |
Drawdowns
RSPD vs. SPHQ - Drawdown Comparison
The maximum RSPD drawdown since its inception was -68.00%, which is greater than SPHQ's maximum drawdown of -57.83%. Use the drawdown chart below to compare losses from any high point for RSPD and SPHQ. For additional features, visit the drawdowns tool.
Volatility
RSPD vs. SPHQ - Volatility Comparison
Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD) has a higher volatility of 5.54% compared to Invesco S&P 500® Quality ETF (SPHQ) at 3.99%. This indicates that RSPD's price experiences larger fluctuations and is considered to be riskier than SPHQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.