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:
1.98
^GSPC:
1.83
RSPF:
2.82
^GSPC:
2.47
RSPF:
1.36
^GSPC:
1.33
RSPF:
3.22
^GSPC:
2.76
RSPF:
8.78
^GSPC:
11.27
RSPF:
3.38%
^GSPC:
2.08%
RSPF:
15.03%
^GSPC:
12.79%
RSPF:
-81.32%
^GSPC:
-56.78%
RSPF:
-3.67%
^GSPC:
-0.07%
Returns By Period
In the year-to-date period, RSPF achieves a 3.44% return, which is significantly lower than ^GSPC's 3.96% return. Both investments have delivered pretty close results over the past 10 years, with RSPF having a 11.27% annualized return and ^GSPC not far behind at 11.26%.
RSPF
3.44%
0.35%
13.57%
26.97%
11.70%
11.27%
^GSPC
3.96%
1.97%
9.03%
22.16%
12.60%
11.26%
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Risk-Adjusted Performance
RSPF vs. ^GSPC — Risk-Adjusted Performance Rank
RSPF
^GSPC
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 4.18% compared to S&P 500 (^GSPC) at 3.21%. 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.