RSPH vs. SPY
Compare and contrast key facts about Invesco S&P 500 Equal Weight Health Care ETF (RSPH) and SPDR S&P 500 ETF (SPY).
RSPH and SPY 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. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both RSPH and SPY 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 SPY.
Correlation
The correlation between RSPH and SPY 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
RSPH vs. SPY - Performance Comparison
Key characteristics
RSPH:
-0.03
SPY:
1.88
RSPH:
0.04
SPY:
2.53
RSPH:
1.01
SPY:
1.35
RSPH:
-0.03
SPY:
2.83
RSPH:
-0.08
SPY:
11.74
RSPH:
4.61%
SPY:
2.02%
RSPH:
12.25%
SPY:
12.64%
RSPH:
-40.79%
SPY:
-55.19%
RSPH:
-5.84%
SPY:
-0.42%
Returns By Period
The year-to-date returns for both stocks are quite close, with RSPH having a 4.16% return and SPY slightly lower at 4.15%. Over the past 10 years, RSPH has underperformed SPY with an annualized return of 7.84%, while SPY has yielded a comparatively higher 13.18% annualized return.
RSPH
4.16%
-0.75%
-3.00%
-0.78%
6.67%
7.84%
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
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RSPH vs. SPY - Expense Ratio Comparison
RSPH has a 0.40% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
RSPH vs. SPY — Risk-Adjusted Performance Rank
RSPH
SPY
RSPH vs. SPY - 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 SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
RSPH's dividend yield for the trailing twelve months is around 0.68%, less than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RSPH Invesco S&P 500 Equal Weight Health Care ETF | 0.68% | 0.71% | 0.66% | 0.64% | 0.50% | 0.51% | 0.54% | 0.53% | 0.47% | 0.48% | 0.49% | 0.43% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
RSPH vs. SPY - Drawdown Comparison
The maximum RSPH drawdown since its inception was -40.79%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for RSPH and SPY. For additional features, visit the drawdowns tool.
Volatility
RSPH vs. SPY - Volatility Comparison
Invesco S&P 500 Equal Weight Health Care ETF (RSPH) has a higher volatility of 3.83% compared to SPDR S&P 500 ETF (SPY) at 2.93%. This indicates that RSPH's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.