RSPF vs. ^GSPC
Compare and contrast key facts about Invesco S&P 500 Equal Weight Financials ETF (RSPF) and S&P 500 (^GSPC).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RSPF or ^GSPC.
Correlation
The correlation between RSPF and ^GSPC is 0.76, 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. ^GSPC - Performance Comparison
Key characteristics
RSPF:
1.95
^GSPC:
2.10
RSPF:
2.77
^GSPC:
2.80
RSPF:
1.35
^GSPC:
1.39
RSPF:
2.53
^GSPC:
3.09
RSPF:
10.08
^GSPC:
13.49
RSPF:
2.83%
^GSPC:
1.94%
RSPF:
14.63%
^GSPC:
12.52%
RSPF:
-81.32%
^GSPC:
-56.78%
RSPF:
-6.96%
^GSPC:
-2.62%
Returns By Period
In the year-to-date period, RSPF achieves a 25.64% return, which is significantly higher than ^GSPC's 24.34% return. Both investments have delivered pretty close results over the past 10 years, with RSPF having a 10.80% annualized return and ^GSPC not far ahead at 11.06%.
RSPF
25.64%
-3.29%
18.90%
27.12%
11.40%
10.80%
^GSPC
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
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Risk-Adjusted Performance
RSPF vs. ^GSPC - 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 S&P 500 (^GSPC). 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.
Drawdowns
RSPF vs. ^GSPC - Drawdown Comparison
The maximum RSPF drawdown since its inception was -81.32%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for RSPF and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
RSPF vs. ^GSPC - Volatility Comparison
Invesco S&P 500 Equal Weight Financials ETF (RSPF) has a higher volatility of 4.67% compared to S&P 500 (^GSPC) at 3.79%. This indicates that RSPF's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.