RSPH vs. EDOC
RSPH (Invesco S&P 500 Equal Weight Health Care ETF) and EDOC (Global X Telemedicine & Digital Health ETF) are both Health & Biotech Equities funds - RSPH tracks the S&P 500 Equal Weighted / Health Care -SEC while EDOC tracks the Solactive Telemedicine & Digital Health Index- TR Net. Both are passively managed. Over the past 5 years, RSPH returned 3.49%/yr vs -12.35%/yr for EDOC. A 0.65 correlation means they provide meaningful diversification when combined. RSPH charges 0.40%/yr vs 0.68%/yr for EDOC.
Performance
RSPH vs. EDOC - Performance Comparison
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Returns By Period
In the year-to-date period, RSPH achieves a 7.48% return, which is significantly higher than EDOC's -2.48% return.
RSPH
- 1D
- 0.35%
- 1M
- 6.24%
- 6M
- 3.99%
- YTD
- 7.48%
- 1Y
- 18.40%
- 3Y*
- 5.25%
- 5Y*
- 3.49%
- 10Y*
- 8.80%
EDOC
- 1D
- 0.90%
- 1M
- 10.17%
- 6M
- -8.11%
- YTD
- -2.48%
- 1Y
- -7.84%
- 3Y*
- -7.38%
- 5Y*
- -12.35%
- 10Y*
- —
RSPH vs. EDOC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
RSPH Invesco S&P 500 Equal Weight Health Care ETF | 7.48% | 9.52% | -0.94% | 3.95% | -9.40% | 23.19% | 8.60% |
EDOC Global X Telemedicine & Digital Health ETF | -2.48% | -0.62% | -2.87% | -12.61% | -29.99% | -14.21% | 16.89% |
Correlation
The correlation between RSPH and EDOC is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Jul 30, 2020 | 0.65 |
The correlation between RSPH and EDOC has been stable across timeframes, ranging from 0.61 to 0.67 - a consistent structural relationship.
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Return for Risk
RSPH vs. EDOC — Risk / Return Rank
RSPH
EDOC
RSPH vs. EDOC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Equal Weight Health Care ETF (RSPH) and Global X Telemedicine & Digital Health ETF (EDOC). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RSPH | EDOC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.49 | ||
| Sortino ratioReturn per unit of downside risk | +2.09 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 0.96 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 1.70 | -0.26 | +1.96 |
| Martin ratioReturn relative to average drawdown | 4.27 | -0.48 | +4.75 |
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Drawdowns
RSPH vs. EDOC - Drawdown Comparison
The maximum RSPH drawdown since its inception was -40.49%, smaller than the maximum EDOC drawdown of -65.76%. Use the drawdown chart below to compare losses from any high point for RSPH and EDOC.
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Drawdown Indicators
| RSPH | EDOC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.49% | -65.76% | +25.27% |
Max Drawdown (1Y)Largest decline over 1 year | -10.87% | -30.71% | +19.84% |
Max Drawdown (3Y)Largest decline over 3 years | -17.13% | -35.78% | +18.65% |
Max Drawdown (5Y)Largest decline over 5 years | -21.95% | -59.14% | +37.19% |
Max Drawdown (10Y)Largest decline over 10 years | -30.44% | — | — |
Current DrawdownCurrent decline from peak | -1.22% | -57.90% | +56.68% |
Average DrawdownAverage peak-to-trough decline | -6.12% | -43.33% | +37.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.33% | 16.31% | -11.98% |
Volatility
RSPH vs. EDOC - Volatility Comparison
The current volatility for Invesco S&P 500 Equal Weight Health Care ETF (RSPH) is 5.28%, while Global X Telemedicine & Digital Health ETF (EDOC) has a volatility of 7.18%. This indicates that RSPH experiences smaller price fluctuations and is considered to be less risky than EDOC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RSPH | EDOC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.28% | 7.18% | -1.90% |
Volatility (6M)Calculated over the trailing 6-month period | 11.47% | 17.10% | -5.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.26% | 22.68% | -6.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.46% | 26.59% | -10.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.74% | 26.29% | -8.55% |
RSPH vs. EDOC - Expense Ratio Comparison
RSPH has a 0.40% expense ratio, which is lower than EDOC's 0.68% expense ratio.
Dividends
RSPH vs. EDOC - Dividend Comparison
RSPH's dividend yield for the trailing twelve months is around 0.68%, more than EDOC's 0.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EDOC Global X Telemedicine & Digital Health ETF | 0.25% | 0.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RSPH Invesco S&P 500 Equal Weight Health Care ETF | 0.68% | 0.70% | 0.71% | 0.66% | 0.64% | 0.50% | 0.51% | 0.54% | 0.53% | 0.47% | 0.48% | 0.49% |
Frequently Asked Questions
RSPH and EDOC have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EDOC has higher volatility (7.18%) compared to RSPH (5.28%). In terms of maximum drawdown, RSPH dropped -40.49% vs EDOC's -65.76%.
On 5-year performance, RSPH leads with 3.49% vs -12.35% for EDOC. On fees, RSPH is cheaper at 0.40% per year. On volatility, RSPH has been the lower-risk option at 5.28%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, RSPH has performed better with a 3.49% return vs -12.35%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
RSPH is cheaper with a 0.40% expense ratio, compared with 0.68% for EDOC.
RSPH has the higher dividend yield at 0.68%, compared with 0.25% for EDOC.
RSPH tracks S&P 500 Equal Weighted / Health Care -SEC, while EDOC tracks Solactive Telemedicine & Digital Health Index- TR Net. They also come from different issuers: Invesco and Global X. Their fees differ too: 0.40% for RSPH and 0.68% for EDOC.
RSPH currently has the higher Sharpe Ratio (1.14 vs -0.35), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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