RSPF vs. SCHV
Compare and contrast key facts about Invesco S&P 500 Equal Weight Financials ETF (RSPF) and Schwab U.S. Large-Cap Value ETF (SCHV).
RSPF and SCHV 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. SCHV is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Value Total Stock Market Index. It was launched on Dec 11, 2009. Both RSPF and SCHV 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: RSPF or SCHV.
Correlation
The correlation between RSPF and SCHV is 0.86, 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. SCHV - Performance Comparison
Key characteristics
RSPF:
1.85
SCHV:
1.84
RSPF:
2.64
SCHV:
2.61
RSPF:
1.34
SCHV:
1.33
RSPF:
2.39
SCHV:
2.53
RSPF:
9.42
SCHV:
9.66
RSPF:
2.87%
SCHV:
2.02%
RSPF:
14.62%
SCHV:
10.60%
RSPF:
-81.32%
SCHV:
-37.08%
RSPF:
-7.02%
SCHV:
-6.48%
Returns By Period
In the year-to-date period, RSPF achieves a 25.55% return, which is significantly higher than SCHV's 18.29% return. Over the past 10 years, RSPF has underperformed SCHV with an annualized return of 10.81%, while SCHV has yielded a comparatively higher 11.71% annualized return.
RSPF
25.55%
-5.69%
17.74%
26.50%
11.48%
10.81%
SCHV
18.29%
-5.43%
8.27%
18.98%
11.43%
11.71%
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RSPF vs. SCHV - Expense Ratio Comparison
RSPF has a 0.40% expense ratio, which is higher than SCHV's 0.04% expense ratio.
Risk-Adjusted Performance
RSPF vs. SCHV - 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 Schwab U.S. Large-Cap Value ETF (SCHV). 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. SCHV - Dividend Comparison
RSPF's dividend yield for the trailing twelve months is around 1.21%, less than SCHV's 2.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RSPF Invesco S&P 500 Equal Weight Financials ETF | 1.21% | 2.16% | 1.95% | 1.56% | 2.23% | 1.85% | 2.51% | 1.28% | 0.88% | 2.17% | 1.61% | 1.56% |
SCHV Schwab U.S. Large-Cap Value ETF | 2.25% | 4.72% | 5.00% | 2.90% | 7.69% | 4.39% | 3.05% | 4.84% | 3.96% | 5.26% | 3.51% | 4.51% |
Drawdowns
RSPF vs. SCHV - Drawdown Comparison
The maximum RSPF drawdown since its inception was -81.32%, which is greater than SCHV's maximum drawdown of -37.08%. Use the drawdown chart below to compare losses from any high point for RSPF and SCHV. For additional features, visit the drawdowns tool.
Volatility
RSPF vs. SCHV - Volatility Comparison
Invesco S&P 500 Equal Weight Financials ETF (RSPF) has a higher volatility of 4.36% compared to Schwab U.S. Large-Cap Value ETF (SCHV) at 3.42%. This indicates that RSPF's price experiences larger fluctuations and is considered to be riskier than SCHV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.