RSPF vs. VOO
Compare and contrast key facts about Invesco S&P 500 Equal Weight Financials ETF (RSPF) and Vanguard S&P 500 ETF (VOO).
RSPF and VOO 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. 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 RSPF 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: RSPF or VOO.
Correlation
The correlation between RSPF and VOO is 0.78, 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. VOO - Performance Comparison
Key characteristics
RSPF:
1.93
VOO:
2.30
RSPF:
2.75
VOO:
3.05
RSPF:
1.35
VOO:
1.43
RSPF:
2.50
VOO:
3.39
RSPF:
9.79
VOO:
15.10
RSPF:
2.89%
VOO:
1.90%
RSPF:
14.62%
VOO:
12.48%
RSPF:
-81.32%
VOO:
-33.99%
RSPF:
-5.73%
VOO:
-0.76%
Returns By Period
The year-to-date returns for both investments are quite close, with RSPF having a 27.31% return and VOO slightly higher at 28.23%. Over the past 10 years, RSPF has underperformed VOO with an annualized return of 10.96%, while VOO has yielded a comparatively higher 13.23% annualized return.
RSPF
27.31%
-4.38%
20.73%
28.27%
11.73%
10.96%
VOO
28.23%
1.30%
11.10%
28.67%
15.07%
13.23%
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RSPF vs. VOO - Expense Ratio Comparison
RSPF has a 0.40% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
RSPF vs. VOO - 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 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.
Dividends
RSPF vs. VOO - Dividend Comparison
RSPF's dividend yield for the trailing twelve months is around 1.63%, more than VOO's 1.21% 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% |
VOO Vanguard S&P 500 ETF | 1.21% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
RSPF vs. VOO - Drawdown Comparison
The maximum RSPF drawdown since its inception was -81.32%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for RSPF and VOO. For additional features, visit the drawdowns tool.
Volatility
RSPF vs. VOO - Volatility Comparison
Invesco S&P 500 Equal Weight Financials ETF (RSPF) has a higher volatility of 4.38% compared to Vanguard S&P 500 ETF (VOO) at 3.90%. This indicates that RSPF'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.