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

Key characteristics


RSPNSPY
YTD Return8.91%11.73%
1Y Return29.44%29.53%
3Y Return (Ann)9.01%9.80%
5Y Return (Ann)16.04%15.21%
10Y Return (Ann)12.25%12.72%
Sharpe Ratio2.242.69
Daily Std Dev13.34%11.40%
Max Drawdown-59.17%-55.19%
Current Drawdown-1.82%-0.36%

Correlation

-0.50.00.51.00.8

The correlation between RSPN and SPY 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.

Performance

RSPN vs. SPY - Performance Comparison

In the year-to-date period, RSPN achieves a 8.91% return, which is significantly lower than SPY's 11.73% return. Both investments have delivered pretty close results over the past 10 years, with RSPN having a 12.25% annualized return and SPY not far ahead at 12.72%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


350.00%400.00%450.00%500.00%550.00%December2024FebruaryMarchAprilMay
551.08%
434.79%
RSPN
SPY

Compare stocks, funds, or ETFs

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


Invesco S&P 500® Equal Weight Industrials ETF

SPDR S&P 500 ETF

RSPN vs. SPY - Expense Ratio Comparison

RSPN has a 0.40% expense ratio, which is higher than SPY's 0.09% 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 SPY: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

Risk-Adjusted Performance

RSPN vs. SPY - 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 SPDR S&P 500 ETF (SPY). 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.


RSPN
Sharpe ratio
The chart of Sharpe ratio for RSPN, currently valued at 2.24, compared to the broader market0.002.004.006.002.24
Sortino ratio
The chart of Sortino ratio for RSPN, currently valued at 3.19, compared to the broader market0.005.0010.003.19
Omega ratio
The chart of Omega ratio for RSPN, currently valued at 1.39, compared to the broader market0.501.001.502.002.503.001.39
Calmar ratio
The chart of Calmar ratio for RSPN, currently valued at 2.19, compared to the broader market0.005.0010.0015.002.19
Martin ratio
The chart of Martin ratio for RSPN, currently valued at 6.79, compared to the broader market0.0020.0040.0060.0080.00100.006.79
SPY
Sharpe ratio
The chart of Sharpe ratio for SPY, currently valued at 2.69, compared to the broader market0.002.004.006.002.69
Sortino ratio
The chart of Sortino ratio for SPY, currently valued at 3.78, compared to the broader market0.005.0010.003.78
Omega ratio
The chart of Omega ratio for SPY, currently valued at 1.47, compared to the broader market0.501.001.502.002.503.001.47
Calmar ratio
The chart of Calmar ratio for SPY, currently valued at 2.63, compared to the broader market0.005.0010.0015.002.63
Martin ratio
The chart of Martin ratio for SPY, currently valued at 10.60, compared to the broader market0.0020.0040.0060.0080.00100.0010.60

RSPN vs. SPY - Sharpe Ratio Comparison

The current RSPN Sharpe Ratio is 2.24, which roughly equals the SPY Sharpe Ratio of 2.69. The chart below compares the 12-month rolling Sharpe Ratio of RSPN and SPY.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00December2024FebruaryMarchAprilMay
2.24
2.69
RSPN
SPY

Dividends

RSPN vs. SPY - Dividend Comparison

RSPN's dividend yield for the trailing twelve months is around 0.98%, less than SPY's 1.27% yield.


TTM20232022202120202019201820172016201520142013
RSPN
Invesco S&P 500® Equal Weight Industrials ETF
0.98%1.06%1.09%0.70%0.96%1.33%1.49%1.12%1.31%1.51%1.27%0.90%
SPY
SPDR S&P 500 ETF
1.27%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

RSPN vs. SPY - Drawdown Comparison

The maximum RSPN drawdown since its inception was -59.17%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for RSPN and SPY. For additional features, visit the drawdowns tool.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%December2024FebruaryMarchAprilMay
-1.82%
-0.36%
RSPN
SPY

Volatility

RSPN vs. SPY - Volatility Comparison

Invesco S&P 500® Equal Weight Industrials ETF (RSPN) and SPDR S&P 500 ETF (SPY) have volatilities of 3.19% and 3.10%, 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.


2.00%2.50%3.00%3.50%4.00%December2024FebruaryMarchAprilMay
3.19%
3.10%
RSPN
SPY