RSPM vs. RSPR
Compare and contrast key facts about Invesco S&P 500® Equal Weight Materials ETF (RSPM) and Invesco S&P 500 Equal Weight Real Estate ETF (RSPR).
RSPM and RSPR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. RSPR is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weighted / Real Estate - SEC. It was launched on Aug 12, 2015. Both RSPM and RSPR 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: RSPM or RSPR.
Correlation
The correlation between RSPM and RSPR is 0.49, 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
RSPM vs. RSPR - Performance Comparison
Key characteristics
RSPM:
0.07
RSPR:
0.64
RSPM:
0.20
RSPR:
0.95
RSPM:
1.02
RSPR:
1.12
RSPM:
0.08
RSPR:
0.43
RSPM:
0.29
RSPR:
2.64
RSPM:
3.76%
RSPR:
3.85%
RSPM:
15.17%
RSPR:
15.97%
RSPM:
-61.18%
RSPR:
-41.96%
RSPM:
-12.08%
RSPR:
-9.96%
Returns By Period
In the year-to-date period, RSPM achieves a -0.37% return, which is significantly lower than RSPR's 8.01% return.
RSPM
-0.37%
-8.07%
-4.33%
-0.01%
9.60%
8.82%
RSPR
8.01%
-5.39%
8.92%
9.31%
5.86%
N/A
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RSPM vs. RSPR - Expense Ratio Comparison
Both RSPM and RSPR have an expense ratio of 0.40%.
Risk-Adjusted Performance
RSPM vs. RSPR - 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 Invesco S&P 500 Equal Weight Real Estate ETF (RSPR). 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
RSPM vs. RSPR - Dividend Comparison
RSPM's dividend yield for the trailing twelve months is around 1.50%, less than RSPR's 1.95% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RSPM Invesco S&P 500® Equal Weight Materials ETF | 1.50% | 2.05% | 2.19% | 1.43% | 1.57% | 1.81% | 1.83% | 1.50% | 1.29% | 1.57% | 1.45% | 1.36% |
RSPR Invesco S&P 500 Equal Weight Real Estate ETF | 1.95% | 2.91% | 3.14% | 2.56% | 3.82% | 2.97% | 3.02% | 3.01% | 2.06% | 1.03% | 0.00% | 0.00% |
Drawdowns
RSPM vs. RSPR - Drawdown Comparison
The maximum RSPM drawdown since its inception was -61.18%, which is greater than RSPR's maximum drawdown of -41.96%. Use the drawdown chart below to compare losses from any high point for RSPM and RSPR. For additional features, visit the drawdowns tool.
Volatility
RSPM vs. RSPR - Volatility Comparison
The current volatility for Invesco S&P 500® Equal Weight Materials ETF (RSPM) is 4.70%, while Invesco S&P 500 Equal Weight Real Estate ETF (RSPR) has a volatility of 6.08%. This indicates that RSPM experiences smaller price fluctuations and is considered to be less risky than RSPR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.