RSPH vs. FHLC
Compare and contrast key facts about Invesco S&P 500 Equal Weight Health Care ETF (RSPH) and Fidelity MSCI Health Care Index ETF (FHLC).
RSPH and FHLC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RSPH is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weighted / Health Care -SEC. It was launched on Nov 1, 2006. FHLC is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Health Care Index. It was launched on Oct 21, 2013. Both RSPH and FHLC 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: RSPH or FHLC.
Correlation
The correlation between RSPH and FHLC is 0.75, 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
RSPH vs. FHLC - Performance Comparison
Key characteristics
RSPH:
-0.17
FHLC:
0.02
RSPH:
-0.13
FHLC:
0.13
RSPH:
0.98
FHLC:
1.02
RSPH:
-0.16
FHLC:
0.02
RSPH:
-0.44
FHLC:
0.05
RSPH:
6.09%
FHLC:
6.15%
RSPH:
15.95%
FHLC:
14.93%
RSPH:
-40.79%
FHLC:
-28.76%
RSPH:
-11.26%
FHLC:
-11.07%
Returns By Period
In the year-to-date period, RSPH achieves a -1.83% return, which is significantly lower than FHLC's 0.28% return. Over the past 10 years, RSPH has underperformed FHLC with an annualized return of 7.10%, while FHLC has yielded a comparatively higher 8.13% annualized return.
RSPH
-1.83%
-3.07%
-6.61%
-3.19%
7.33%
7.10%
FHLC
0.28%
-3.40%
-6.17%
-0.05%
8.02%
8.13%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RSPH vs. FHLC - Expense Ratio Comparison
RSPH has a 0.40% expense ratio, which is higher than FHLC's 0.08% expense ratio.
Risk-Adjusted Performance
RSPH vs. FHLC — Risk-Adjusted Performance Rank
RSPH
FHLC
RSPH vs. FHLC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Equal Weight Health Care ETF (RSPH) and Fidelity MSCI Health Care Index ETF (FHLC). 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
RSPH vs. FHLC - Dividend Comparison
RSPH's dividend yield for the trailing twelve months is around 0.76%, less than FHLC's 1.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RSPH Invesco S&P 500 Equal Weight Health Care ETF | 0.76% | 0.71% | 0.66% | 0.64% | 0.50% | 0.50% | 0.54% | 0.53% | 0.47% | 0.48% | 0.49% | 0.43% |
FHLC Fidelity MSCI Health Care Index ETF | 1.53% | 1.51% | 1.40% | 1.30% | 1.16% | 1.45% | 1.18% | 2.14% | 1.38% | 1.40% | 2.07% | 1.03% |
Drawdowns
RSPH vs. FHLC - Drawdown Comparison
The maximum RSPH drawdown since its inception was -40.79%, which is greater than FHLC's maximum drawdown of -28.76%. Use the drawdown chart below to compare losses from any high point for RSPH and FHLC. For additional features, visit the drawdowns tool.
Volatility
RSPH vs. FHLC - Volatility Comparison
Invesco S&P 500 Equal Weight Health Care ETF (RSPH) has a higher volatility of 10.83% compared to Fidelity MSCI Health Care Index ETF (FHLC) at 9.68%. This indicates that RSPH's price experiences larger fluctuations and is considered to be riskier than FHLC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.