RSPM vs. VOO
Compare and contrast key facts about Invesco S&P 500® Equal Weight Materials ETF (RSPM) and Vanguard S&P 500 ETF (VOO).
RSPM and VOO 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both RSPM and VOO 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 VOO.
Correlation
The correlation between RSPM and VOO 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
RSPM vs. VOO - Performance Comparison
Key characteristics
RSPM:
-0.01
VOO:
2.30
RSPM:
0.09
VOO:
3.05
RSPM:
1.01
VOO:
1.43
RSPM:
-0.01
VOO:
3.39
RSPM:
-0.04
VOO:
15.10
RSPM:
3.90%
VOO:
1.90%
RSPM:
15.12%
VOO:
12.48%
RSPM:
-61.18%
VOO:
-33.99%
RSPM:
-11.67%
VOO:
-0.76%
Returns By Period
In the year-to-date period, RSPM achieves a 0.09% return, which is significantly lower than VOO's 28.23% return. Over the past 10 years, RSPM has underperformed VOO with an annualized return of 8.85%, while VOO has yielded a comparatively higher 13.23% annualized return.
RSPM
0.09%
-9.31%
-3.52%
-0.15%
9.46%
8.85%
VOO
28.23%
1.30%
11.10%
28.67%
15.07%
13.23%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RSPM vs. VOO - Expense Ratio Comparison
RSPM has a 0.40% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
RSPM vs. VOO - 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 Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
RSPM's dividend yield for the trailing twelve months is around 2.02%, more than VOO's 1.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RSPM Invesco S&P 500® Equal Weight Materials ETF | 2.02% | 2.05% | 2.19% | 1.43% | 1.57% | 1.81% | 1.83% | 1.50% | 1.29% | 1.57% | 1.45% | 1.36% |
VOO Vanguard S&P 500 ETF | 1.21% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
RSPM vs. VOO - Drawdown Comparison
The maximum RSPM drawdown since its inception was -61.18%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for RSPM and VOO. For additional features, visit the drawdowns tool.
Volatility
RSPM vs. VOO - Volatility Comparison
Invesco S&P 500® Equal Weight Materials ETF (RSPM) has a higher volatility of 4.36% compared to Vanguard S&P 500 ETF (VOO) at 3.90%. This indicates that RSPM's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.