RSPF vs. XLF
Compare and contrast key facts about Invesco S&P 500 Equal Weight Financials ETF (RSPF) and Financial Select Sector SPDR Fund (XLF).
RSPF and XLF 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. XLF is a passively managed fund by State Street that tracks the performance of the Financial Select Sector Index. It was launched on Dec 16, 1998. Both RSPF and XLF 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 XLF.
Correlation
The correlation between RSPF and XLF 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. XLF - Performance Comparison
Key characteristics
RSPF:
1.92
XLF:
2.34
RSPF:
2.73
XLF:
3.35
RSPF:
1.35
XLF:
1.43
RSPF:
2.49
XLF:
4.57
RSPF:
9.67
XLF:
14.99
RSPF:
2.91%
XLF:
2.20%
RSPF:
14.62%
XLF:
14.10%
RSPF:
-81.32%
XLF:
-82.43%
RSPF:
-5.37%
XLF:
-3.94%
Returns By Period
In the year-to-date period, RSPF achieves a 27.79% return, which is significantly lower than XLF's 32.66% return. Over the past 10 years, RSPF has underperformed XLF with an annualized return of 10.98%, while XLF has yielded a comparatively higher 13.79% annualized return.
RSPF
27.79%
-4.88%
21.69%
27.77%
11.86%
10.98%
XLF
32.66%
-3.60%
20.82%
32.63%
12.01%
13.79%
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RSPF vs. XLF - Expense Ratio Comparison
RSPF has a 0.40% expense ratio, which is higher than XLF's 0.13% expense ratio.
Risk-Adjusted Performance
RSPF vs. XLF - 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 Financial Select Sector SPDR Fund (XLF). 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. XLF - Dividend Comparison
RSPF's dividend yield for the trailing twelve months is around 1.63%, more than XLF's 1.40% 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% |
XLF Financial Select Sector SPDR Fund | 1.40% | 1.71% | 2.04% | 1.63% | 2.03% | 1.86% | 2.09% | 1.48% | 1.63% | 2.40% | 1.98% | 1.81% |
Drawdowns
RSPF vs. XLF - Drawdown Comparison
The maximum RSPF drawdown since its inception was -81.32%, roughly equal to the maximum XLF drawdown of -82.43%. Use the drawdown chart below to compare losses from any high point for RSPF and XLF. For additional features, visit the drawdowns tool.
Volatility
RSPF vs. XLF - Volatility Comparison
Invesco S&P 500 Equal Weight Financials ETF (RSPF) and Financial Select Sector SPDR Fund (XLF) have volatilities of 4.31% and 4.23%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.