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

Correlation

The correlation between RSPN and RSP is 0.83, 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. RSP - 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 S&P 500® Equal Weight ETF (RSP). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
11.62%
7.54%
RSPN
RSP

Key characteristics

Sharpe Ratio

RSPN:

1.52

RSP:

1.36

Sortino Ratio

RSPN:

2.20

RSP:

1.92

Omega Ratio

RSPN:

1.27

RSP:

1.24

Calmar Ratio

RSPN:

2.57

RSP:

2.19

Martin Ratio

RSPN:

8.27

RSP:

7.22

Ulcer Index

RSPN:

2.62%

RSP:

2.17%

Daily Std Dev

RSPN:

14.23%

RSP:

11.49%

Max Drawdown

RSPN:

-61.64%

RSP:

-59.92%

Current Drawdown

RSPN:

-7.52%

RSP:

-5.84%

Returns By Period

In the year-to-date period, RSPN achieves a 18.99% return, which is significantly higher than RSP's 13.31% return. Over the past 10 years, RSPN has outperformed RSP with an annualized return of 10.94%, while RSP has yielded a comparatively lower 9.96% annualized return.


RSPN

YTD

18.99%

1M

-4.14%

6M

11.62%

1Y

20.30%

5Y*

13.65%

10Y*

10.94%

RSP

YTD

13.31%

1M

-2.82%

6M

7.54%

1Y

14.27%

5Y*

10.74%

10Y*

9.96%

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. RSP - Expense Ratio Comparison

RSPN has a 0.40% expense ratio, which is higher than RSP's 0.20% expense ratio.


RSPN
Invesco S&P 500® Equal Weight Industrials ETF
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%
Expense ratio chart for RSP: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

RSPN vs. RSP - 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 S&P 500® Equal Weight ETF (RSP). 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 market0.002.004.001.521.36
The chart of Sortino ratio for RSPN, currently valued at 2.20, compared to the broader market-2.000.002.004.006.008.0010.002.201.92
The chart of Omega ratio for RSPN, currently valued at 1.27, compared to the broader market0.501.001.502.002.503.001.271.24
The chart of Calmar ratio for RSPN, currently valued at 2.57, compared to the broader market0.005.0010.0015.002.572.19
The chart of Martin ratio for RSPN, currently valued at 8.27, compared to the broader market0.0020.0040.0060.0080.00100.008.277.22
RSPN
RSP

The current RSPN Sharpe Ratio is 1.52, which is comparable to the RSP Sharpe Ratio of 1.36. The chart below compares the historical Sharpe Ratios of RSPN and RSP, 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
1.36
RSPN
RSP

Dividends

RSPN vs. RSP - Dividend Comparison

RSPN's dividend yield for the trailing twelve months is around 0.65%, less than RSP's 1.15% yield.


TTM20232022202120202019201820172016201520142013
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%0.00%
RSP
Invesco S&P 500® Equal Weight ETF
1.15%1.63%1.82%1.28%1.64%1.69%2.02%1.52%1.20%1.70%1.46%1.27%

Drawdowns

RSPN vs. RSP - Drawdown Comparison

The maximum RSPN drawdown since its inception was -61.64%, roughly equal to the maximum RSP drawdown of -59.92%. Use the drawdown chart below to compare losses from any high point for RSPN and RSP. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.52%
-5.84%
RSPN
RSP

Volatility

RSPN vs. RSP - Volatility Comparison

Invesco S&P 500® Equal Weight Industrials ETF (RSPN) has a higher volatility of 4.60% compared to Invesco S&P 500® Equal Weight ETF (RSP) at 4.08%. This indicates that RSPN's price experiences larger fluctuations and is considered to be riskier than RSP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
4.60%
4.08%
RSPN
RSP
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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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