RSPM vs. ^GSPC
Compare and contrast key facts about Invesco S&P 500® Equal Weight Materials ETF (RSPM) and S&P 500 (^GSPC).
RSPM is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weight Materials Index. 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: RSPM or ^GSPC.
Correlation
The correlation between RSPM and ^GSPC is 0.73, 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
RSPM vs. ^GSPC - Performance Comparison
Key characteristics
RSPM:
-0.10
^GSPC:
1.98
RSPM:
-0.04
^GSPC:
2.65
RSPM:
1.00
^GSPC:
1.37
RSPM:
-0.12
^GSPC:
2.93
RSPM:
-0.39
^GSPC:
12.73
RSPM:
4.00%
^GSPC:
1.95%
RSPM:
15.12%
^GSPC:
12.59%
RSPM:
-61.18%
^GSPC:
-56.78%
RSPM:
-12.32%
^GSPC:
-1.96%
Returns By Period
In the year-to-date period, RSPM achieves a -0.64% return, which is significantly lower than ^GSPC's 25.18% return. Over the past 10 years, RSPM has underperformed ^GSPC with an annualized return of 8.76%, while ^GSPC has yielded a comparatively higher 11.14% annualized return.
RSPM
-0.64%
-9.82%
-3.98%
-1.25%
9.42%
8.76%
^GSPC
25.18%
-0.47%
9.35%
24.83%
13.03%
11.14%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
RSPM vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500® Equal Weight Materials ETF (RSPM) 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
RSPM vs. ^GSPC - Drawdown Comparison
The maximum RSPM drawdown since its inception was -61.18%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for RSPM and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
RSPM vs. ^GSPC - Volatility Comparison
Invesco S&P 500® Equal Weight Materials ETF (RSPM) and S&P 500 (^GSPC) have volatilities of 4.08% and 4.07%, 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.