Correlation
The correlation between RSPE and VOO is 0.89, 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.
RSPE vs. VOO
Compare and contrast key facts about Invesco ESG S&P 500 Equal Weight ETF (RSPE) and Vanguard S&P 500 ETF (VOO).
RSPE and VOO 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both RSPE and VOO 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 VOO.
Performance
RSPE vs. VOO - Performance Comparison
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Key characteristics
RSPE:
0.44
VOO:
0.74
RSPE:
0.68
VOO:
1.04
RSPE:
1.09
VOO:
1.15
RSPE:
0.37
VOO:
0.68
RSPE:
1.32
VOO:
2.58
RSPE:
5.23%
VOO:
4.93%
RSPE:
17.83%
VOO:
19.54%
RSPE:
-22.94%
VOO:
-33.99%
RSPE:
-5.69%
VOO:
-3.55%
Returns By Period
In the year-to-date period, RSPE achieves a 0.67% return, which is significantly lower than VOO's 0.90% return.
RSPE
0.67%
5.00%
-5.66%
6.51%
7.35%
N/A
N/A
VOO
0.90%
5.53%
-1.46%
13.29%
14.31%
15.89%
12.81%
Compare stocks, funds, or ETFs
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RSPE vs. VOO - Expense Ratio Comparison
RSPE has a 0.20% expense ratio, which is higher than VOO's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
RSPE vs. VOO — Risk-Adjusted Performance Rank
RSPE
VOO
RSPE vs. VOO - 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 Vanguard S&P 500 ETF (VOO). 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.
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Dividends
RSPE vs. VOO - Dividend Comparison
RSPE's dividend yield for the trailing twelve months is around 1.61%, more than VOO's 1.29% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RSPE Invesco ESG S&P 500 Equal Weight ETF | 1.61% | 1.57% | 1.91% | 1.83% | 0.29% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.29% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
RSPE vs. VOO - Drawdown Comparison
The maximum RSPE drawdown since its inception was -22.94%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for RSPE and VOO.
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Volatility
RSPE vs. VOO - Volatility Comparison
Invesco ESG S&P 500 Equal Weight ETF (RSPE) has a higher volatility of 5.25% compared to Vanguard S&P 500 ETF (VOO) at 4.84%. This indicates that RSPE's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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