RSPF vs. ^GSPC
Compare and contrast key facts about Invesco S&P 500 Equal Weight Financials ETF (RSPF) and S&P 500 (^GSPC).
RSPF is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weighted / Financials -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: RSPF or ^GSPC.
Correlation
The correlation between RSPF and ^GSPC is 0.76, 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
RSPF vs. ^GSPC - Performance Comparison
Key characteristics
RSPF:
1.69
^GSPC:
1.62
RSPF:
2.45
^GSPC:
2.20
RSPF:
1.31
^GSPC:
1.30
RSPF:
2.76
^GSPC:
2.46
RSPF:
7.46
^GSPC:
10.01
RSPF:
3.41%
^GSPC:
2.08%
RSPF:
15.07%
^GSPC:
12.88%
RSPF:
-81.32%
^GSPC:
-56.78%
RSPF:
-5.03%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, RSPF achieves a 1.98% return, which is significantly lower than ^GSPC's 2.24% return. Both investments have delivered pretty close results over the past 10 years, with RSPF having a 11.13% annualized return and ^GSPC not far behind at 11.04%.
RSPF
1.98%
-1.22%
10.75%
24.08%
11.64%
11.13%
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
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
RSPF vs. ^GSPC — Risk-Adjusted Performance Rank
RSPF
^GSPC
RSPF vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Equal Weight Financials ETF (RSPF) 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
RSPF vs. ^GSPC - Drawdown Comparison
The maximum RSPF drawdown since its inception was -81.32%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for RSPF and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
RSPF vs. ^GSPC - Volatility Comparison
Invesco S&P 500 Equal Weight Financials ETF (RSPF) has a higher volatility of 4.46% compared to S&P 500 (^GSPC) at 3.43%. This indicates that RSPF'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.