RSPF vs. XLV
Compare and contrast key facts about Invesco S&P 500 Equal Weight Financials ETF (RSPF) and Health Care Select Sector SPDR Fund (XLV).
RSPF and XLV 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. XLV is a passively managed fund by State Street that tracks the performance of the Health Care Select Sector. It was launched on Dec 16, 1998. Both RSPF and XLV 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 XLV.
Correlation
The correlation between RSPF and XLV is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
RSPF vs. XLV - Performance Comparison
Key characteristics
RSPF:
1.92
XLV:
0.44
RSPF:
2.73
XLV:
0.67
RSPF:
1.35
XLV:
1.08
RSPF:
2.49
XLV:
0.37
RSPF:
9.67
XLV:
1.22
RSPF:
2.91%
XLV:
3.92%
RSPF:
14.62%
XLV:
10.87%
RSPF:
-81.32%
XLV:
-39.17%
RSPF:
-5.37%
XLV:
-10.48%
Returns By Period
In the year-to-date period, RSPF achieves a 27.79% return, which is significantly higher than XLV's 3.99% return. Over the past 10 years, RSPF has outperformed XLV with an annualized return of 10.98%, while XLV has yielded a comparatively lower 9.03% annualized return.
RSPF
27.79%
-4.88%
21.69%
27.77%
11.86%
10.98%
XLV
3.99%
-4.06%
-3.51%
4.36%
8.15%
9.03%
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RSPF vs. XLV - Expense Ratio Comparison
RSPF has a 0.40% expense ratio, which is higher than XLV's 0.12% expense ratio.
Risk-Adjusted Performance
RSPF vs. XLV - 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 Health Care Select Sector SPDR Fund (XLV). 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. XLV - Dividend Comparison
RSPF's dividend yield for the trailing twelve months is around 1.63%, which matches XLV's 1.64% 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% |
XLV Health Care Select Sector SPDR Fund | 1.64% | 1.59% | 1.47% | 1.33% | 1.49% | 2.17% | 1.58% | 1.47% | 1.60% | 1.43% | 1.35% | 1.52% |
Drawdowns
RSPF vs. XLV - Drawdown Comparison
The maximum RSPF drawdown since its inception was -81.32%, which is greater than XLV's maximum drawdown of -39.17%. Use the drawdown chart below to compare losses from any high point for RSPF and XLV. For additional features, visit the drawdowns tool.
Volatility
RSPF vs. XLV - Volatility Comparison
Invesco S&P 500 Equal Weight Financials ETF (RSPF) has a higher volatility of 4.31% compared to Health Care Select Sector SPDR Fund (XLV) at 3.42%. This indicates that RSPF's price experiences larger fluctuations and is considered to be riskier than XLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.