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:
1.11
^GSPC:
1.77
RSPD:
1.59
^GSPC:
2.39
RSPD:
1.19
^GSPC:
1.32
RSPD:
1.32
^GSPC:
2.66
RSPD:
3.93
^GSPC:
10.85
RSPD:
4.40%
^GSPC:
2.08%
RSPD:
15.64%
^GSPC:
12.79%
RSPD:
-68.00%
^GSPC:
-56.78%
RSPD:
-0.80%
^GSPC:
0.00%
Returns By Period
In the year-to-date period, RSPD achieves a 4.01% return, which is significantly lower than ^GSPC's 4.22% return. Over the past 10 years, RSPD has underperformed ^GSPC with an annualized return of 7.53%, while ^GSPC has yielded a comparatively higher 11.29% annualized return.
RSPD
4.01%
2.93%
15.91%
17.15%
9.55%
7.53%
^GSPC
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 4.10% compared to S&P 500 (^GSPC) at 3.19%. 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.