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RSPN vs. PKB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between RSPN and PKB is 0.77, 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.


-0.50.00.51.00.8

Performance

RSPN vs. PKB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P 500® Equal Weight Industrials ETF (RSPN) and Invesco Dynamic Building & Construction ETF (PKB). The values are adjusted to include any dividend payments, if applicable.

350.00%400.00%450.00%500.00%JulyAugustSeptemberOctoberNovemberDecember
416.94%
449.02%
RSPN
PKB

Key characteristics

Sharpe Ratio

RSPN:

1.52

PKB:

1.04

Sortino Ratio

RSPN:

2.20

PKB:

1.53

Omega Ratio

RSPN:

1.27

PKB:

1.19

Calmar Ratio

RSPN:

2.57

PKB:

1.81

Martin Ratio

RSPN:

8.27

PKB:

4.82

Ulcer Index

RSPN:

2.62%

PKB:

5.08%

Daily Std Dev

RSPN:

14.23%

PKB:

23.65%

Max Drawdown

RSPN:

-61.64%

PKB:

-65.21%

Current Drawdown

RSPN:

-7.52%

PKB:

-12.70%

Returns By Period

In the year-to-date period, RSPN achieves a 18.99% return, which is significantly lower than PKB's 22.47% return. Over the past 10 years, RSPN has underperformed PKB with an annualized return of 10.94%, while PKB has yielded a comparatively higher 13.95% annualized return.


RSPN

YTD

18.99%

1M

-4.14%

6M

11.62%

1Y

20.30%

5Y*

13.65%

10Y*

10.94%

PKB

YTD

22.47%

1M

-7.81%

6M

12.40%

1Y

23.54%

5Y*

18.51%

10Y*

13.95%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


RSPN vs. PKB - Expense Ratio Comparison

RSPN has a 0.40% expense ratio, which is lower than PKB's 0.60% expense ratio.


PKB
Invesco Dynamic Building & Construction ETF
Expense ratio chart for PKB: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%
Expense ratio chart for RSPN: current value at 0.40% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.40%

Risk-Adjusted Performance

RSPN vs. PKB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500® Equal Weight Industrials ETF (RSPN) and Invesco Dynamic Building & Construction ETF (PKB). 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.


Sharpe ratio
The chart of Sharpe ratio for RSPN, currently valued at 1.52, compared to the broader market0.002.004.001.521.04
The chart of Sortino ratio for RSPN, currently valued at 2.20, compared to the broader market-2.000.002.004.006.008.0010.002.201.53
The chart of Omega ratio for RSPN, currently valued at 1.27, compared to the broader market0.501.001.502.002.503.001.271.19
The chart of Calmar ratio for RSPN, currently valued at 2.57, compared to the broader market0.005.0010.0015.002.571.81
The chart of Martin ratio for RSPN, currently valued at 8.27, compared to the broader market0.0020.0040.0060.0080.00100.008.274.82
RSPN
PKB

The current RSPN Sharpe Ratio is 1.52, which is higher than the PKB Sharpe Ratio of 1.04. The chart below compares the historical Sharpe Ratios of RSPN and PKB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.52
1.04
RSPN
PKB

Dividends

RSPN vs. PKB - Dividend Comparison

RSPN's dividend yield for the trailing twelve months is around 0.65%, more than PKB's 0.19% yield.


TTM2023202220212020201920182017201620152014
RSPN
Invesco S&P 500® Equal Weight Industrials ETF
0.65%0.55%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
PKB
Invesco Dynamic Building & Construction ETF
0.19%0.33%0.43%0.25%0.30%0.37%0.54%0.17%0.31%0.11%0.10%

Drawdowns

RSPN vs. PKB - Drawdown Comparison

The maximum RSPN drawdown since its inception was -61.64%, smaller than the maximum PKB drawdown of -65.21%. Use the drawdown chart below to compare losses from any high point for RSPN and PKB. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.52%
-12.70%
RSPN
PKB

Volatility

RSPN vs. PKB - Volatility Comparison

The current volatility for Invesco S&P 500® Equal Weight Industrials ETF (RSPN) is 4.60%, while Invesco Dynamic Building & Construction ETF (PKB) has a volatility of 6.60%. This indicates that RSPN experiences smaller price fluctuations and is considered to be less risky than PKB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
4.60%
6.60%
RSPN
PKB
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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