RSPF vs. GABF
Compare and contrast key facts about Invesco S&P 500 Equal Weight Financials ETF (RSPF) and Gabelli Financial Services Opportunities ETF (GABF).
RSPF and GABF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. GABF is an actively managed fund by Gabelli. It was launched on May 9, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RSPF or GABF.
Correlation
The correlation between RSPF and GABF 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.
Performance
RSPF vs. GABF - Performance Comparison
Key characteristics
RSPF:
1.93
GABF:
2.76
RSPF:
2.75
GABF:
3.73
RSPF:
1.35
GABF:
1.51
RSPF:
2.50
GABF:
4.76
RSPF:
9.79
GABF:
19.86
RSPF:
2.89%
GABF:
2.34%
RSPF:
14.62%
GABF:
16.80%
RSPF:
-81.32%
GABF:
-17.14%
RSPF:
-5.73%
GABF:
-5.32%
Returns By Period
In the year-to-date period, RSPF achieves a 27.31% return, which is significantly lower than GABF's 45.37% return.
RSPF
27.31%
-4.38%
20.73%
28.27%
11.73%
10.96%
GABF
45.37%
-4.24%
24.82%
46.46%
N/A
N/A
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RSPF vs. GABF - Expense Ratio Comparison
RSPF has a 0.40% expense ratio, which is higher than GABF's 0.10% expense ratio.
Risk-Adjusted Performance
RSPF vs. GABF - 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 Gabelli Financial Services Opportunities ETF (GABF). 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
RSPF vs. GABF - Dividend Comparison
RSPF's dividend yield for the trailing twelve months is around 1.63%, less than GABF's 3.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RSPF Invesco S&P 500 Equal Weight Financials ETF | 1.63% | 2.16% | 1.95% | 1.56% | 2.23% | 1.85% | 2.51% | 1.28% | 0.88% | 2.17% | 1.61% | 1.56% |
GABF Gabelli Financial Services Opportunities ETF | 3.40% | 4.95% | 1.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
RSPF vs. GABF - Drawdown Comparison
The maximum RSPF drawdown since its inception was -81.32%, which is greater than GABF's maximum drawdown of -17.14%. Use the drawdown chart below to compare losses from any high point for RSPF and GABF. For additional features, visit the drawdowns tool.
Volatility
RSPF vs. GABF - Volatility Comparison
The current volatility for Invesco S&P 500 Equal Weight Financials ETF (RSPF) is 4.38%, while Gabelli Financial Services Opportunities ETF (GABF) has a volatility of 4.83%. This indicates that RSPF experiences smaller price fluctuations and is considered to be less risky than GABF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.