RSPH vs. MEDI
Compare and contrast key facts about Invesco S&P 500 Equal Weight Health Care ETF (RSPH) and Harbor Health Care ETF (MEDI).
RSPH and MEDI 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. MEDI is an actively managed fund by Harbor. It was launched on Nov 16, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RSPH or MEDI.
Correlation
The correlation between RSPH and MEDI is 0.56, 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
RSPH vs. MEDI - Performance Comparison
Key characteristics
RSPH:
-0.17
MEDI:
0.17
RSPH:
-0.13
MEDI:
0.39
RSPH:
0.98
MEDI:
1.05
RSPH:
-0.16
MEDI:
0.19
RSPH:
-0.44
MEDI:
0.53
RSPH:
6.09%
MEDI:
6.69%
RSPH:
15.95%
MEDI:
20.66%
RSPH:
-40.79%
MEDI:
-19.24%
RSPH:
-11.26%
MEDI:
-7.91%
Returns By Period
In the year-to-date period, RSPH achieves a -1.83% return, which is significantly lower than MEDI's 4.82% return.
RSPH
-1.83%
-3.07%
-6.61%
-3.19%
7.33%
7.10%
MEDI
4.82%
3.51%
-1.82%
1.68%
N/A
N/A
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RSPH vs. MEDI - Expense Ratio Comparison
RSPH has a 0.40% expense ratio, which is lower than MEDI's 0.80% expense ratio.
Risk-Adjusted Performance
RSPH vs. MEDI — Risk-Adjusted Performance Rank
RSPH
MEDI
RSPH vs. MEDI - 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 Harbor Health Care ETF (MEDI). 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. MEDI - Dividend Comparison
RSPH's dividend yield for the trailing twelve months is around 0.76%, more than MEDI's 0.52% 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% |
MEDI Harbor Health Care ETF | 0.52% | 0.54% | 1.86% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
RSPH vs. MEDI - Drawdown Comparison
The maximum RSPH drawdown since its inception was -40.79%, which is greater than MEDI's maximum drawdown of -19.24%. Use the drawdown chart below to compare losses from any high point for RSPH and MEDI. For additional features, visit the drawdowns tool.
Volatility
RSPH vs. MEDI - Volatility Comparison
Invesco S&P 500 Equal Weight Health Care ETF (RSPH) and Harbor Health Care ETF (MEDI) have volatilities of 10.83% and 11.22%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.