RSPE vs. RSPT
Compare and contrast key facts about Invesco ESG S&P 500 Equal Weight ETF (RSPE) and Invesco S&P 500 Equal Weight Technology ETF (RSPT).
RSPE and RSPT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RSPE is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weight ESG Leaders Select Index. It was launched on Nov 17, 2021. 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 RSPE 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: RSPE or RSPT.
Correlation
The correlation between RSPE and RSPT is 0.83, 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
RSPE vs. RSPT - Performance Comparison
Key characteristics
RSPE:
1.26
RSPT:
0.95
RSPE:
1.79
RSPT:
1.36
RSPE:
1.22
RSPT:
1.17
RSPE:
1.94
RSPT:
1.45
RSPE:
5.18
RSPT:
4.47
RSPE:
2.83%
RSPT:
4.17%
RSPE:
11.66%
RSPT:
19.64%
RSPE:
-22.94%
RSPT:
-58.91%
RSPE:
-2.09%
RSPT:
-0.79%
Returns By Period
In the year-to-date period, RSPE achieves a 4.51% return, which is significantly lower than RSPT's 6.79% return.
RSPE
4.51%
0.86%
5.90%
14.74%
N/A
N/A
RSPT
6.79%
2.30%
9.29%
20.94%
15.12%
16.71%
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RSPE vs. RSPT - Expense Ratio Comparison
RSPE has a 0.20% expense ratio, which is lower than RSPT's 0.40% expense ratio.
Risk-Adjusted Performance
RSPE vs. RSPT — Risk-Adjusted Performance Rank
RSPE
RSPT
RSPE vs. RSPT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco ESG S&P 500 Equal Weight ETF (RSPE) 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
RSPE vs. RSPT - Dividend Comparison
RSPE's dividend yield for the trailing twelve months is around 1.50%, more than RSPT's 0.41% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
RSPE Invesco ESG S&P 500 Equal Weight ETF | 1.50% | 1.57% | 1.91% | 1.83% | 0.29% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RSPT Invesco S&P 500 Equal Weight Technology ETF | 0.41% | 0.44% | 0.56% | 0.71% | 0.50% | 1.29% | 0.92% | 0.98% | 0.84% | 1.16% | 1.18% | 1.16% |
Drawdowns
RSPE vs. RSPT - Drawdown Comparison
The maximum RSPE drawdown since its inception was -22.94%, smaller than the maximum RSPT drawdown of -58.91%. Use the drawdown chart below to compare losses from any high point for RSPE and RSPT. For additional features, visit the drawdowns tool.
Volatility
RSPE vs. RSPT - Volatility Comparison
The current volatility for Invesco ESG S&P 500 Equal Weight ETF (RSPE) is 2.52%, while Invesco S&P 500 Equal Weight Technology ETF (RSPT) has a volatility of 5.49%. This indicates that RSPE 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.