RSPR vs. CMDT
RSPR (Invesco S&P 500 Equal Weight Real Estate ETF) and CMDT (PIMCO Commodity Strategy Active Exchange-Traded Fund) are both exchange-traded funds - RSPR is a REIT fund tracking the S&P 500 Equal Weighted / Real Estate - SEC, while CMDT is a Commodities fund tracking the Bloomberg Roll Select Commodity Total Return Index. Both are passively managed. Over the past 3 years, RSPR returned 10.36%/yr vs 11.87%/yr for CMDT. At a correlation of -0.02, they often move in opposite directions. RSPR charges 0.40%/yr vs 0.65%/yr for CMDT.
Performance
RSPR vs. CMDT - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with RSPR having a 10.69% return and CMDT slightly higher at 10.73%.
RSPR
- 1D
- 0.01%
- 1M
- 1.58%
- YTD
- 10.69%
- 6M
- 10.49%
- 1Y
- 6.24%
- 3Y*
- 10.36%
- 5Y*
- 2.76%
- 10Y*
- 6.30%
CMDT
- 1D
- -2.38%
- 1M
- -11.03%
- YTD
- 10.73%
- 6M
- 10.29%
- 1Y
- 20.39%
- 3Y*
- 11.87%
- 5Y*
- —
- 10Y*
- —
RSPR vs. CMDT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
RSPR Invesco S&P 500 Equal Weight Real Estate ETF | 10.69% | -1.88% | 8.61% | 11.65% |
CMDT PIMCO Commodity Strategy Active Exchange-Traded Fund | 10.73% | 12.78% | 6.93% | 5.37% |
Correlation
The correlation between RSPR and CMDT is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.04 |
Correlation (All Time) Calculated using the full available price history since May 10, 2023 | -0.02 |
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Return for Risk
RSPR vs. CMDT — Risk / Return Rank
RSPR
CMDT
RSPR vs. CMDT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Equal Weight Real Estate ETF (RSPR) and PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RSPR | CMDT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.19 | ||
| Sortino ratioReturn per unit of downside risk | -1.57 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.28 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.72 | 1.55 | -0.83 |
| Martin ratioReturn relative to average drawdown | 1.59 | 8.61 | -7.02 |
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Drawdowns
RSPR vs. CMDT - Drawdown Comparison
The maximum RSPR drawdown since its inception was -41.96%, which is greater than CMDT's maximum drawdown of -13.23%. Use the drawdown chart below to compare losses from any high point for RSPR and CMDT.
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Drawdown Indicators
| RSPR | CMDT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.96% | -13.23% | -28.73% |
Max Drawdown (1Y)Largest decline over 1 year | -8.71% | -13.23% | +4.52% |
Max Drawdown (3Y)Largest decline over 3 years | -17.78% | -13.23% | -4.55% |
Max Drawdown (5Y)Largest decline over 5 years | -33.03% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -41.96% | — | — |
Current DrawdownCurrent decline from peak | -1.69% | -13.23% | +11.54% |
Average DrawdownAverage peak-to-trough decline | -9.36% | -2.78% | -6.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.96% | 2.37% | +1.59% |
Volatility
RSPR vs. CMDT - Volatility Comparison
Invesco S&P 500 Equal Weight Real Estate ETF (RSPR) has a higher volatility of 4.91% compared to PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT) at 3.79%. This indicates that RSPR's price experiences larger fluctuations and is considered to be riskier than CMDT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RSPR | CMDT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.91% | 3.79% | +1.12% |
Volatility (6M)Calculated over the trailing 6-month period | 10.56% | 10.89% | -0.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.54% | 12.78% | +1.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.13% | 12.31% | +6.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.41% | 12.31% | +9.10% |
RSPR vs. CMDT - Expense Ratio Comparison
RSPR has a 0.40% expense ratio, which is lower than CMDT's 0.65% expense ratio.
Dividends
RSPR vs. CMDT - Dividend Comparison
RSPR's dividend yield for the trailing twelve months is around 2.84%, more than CMDT's 2.73% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMDT PIMCO Commodity Strategy Active Exchange-Traded Fund | 2.73% | 3.04% | 8.80% | 2.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RSPR Invesco S&P 500 Equal Weight Real Estate ETF | 2.84% | 2.70% | 2.58% | 2.91% | 3.14% | 2.56% | 3.82% | 2.48% | 3.02% | 3.01% | 2.06% | 1.03% |
Frequently Asked Questions
RSPR and CMDT have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RSPR has higher volatility (4.91%) compared to CMDT (3.79%). In terms of maximum drawdown, RSPR dropped -41.96% vs CMDT's -13.23%.
On 3-year performance, CMDT leads with 11.87% vs 10.36% for RSPR. On fees, RSPR is cheaper at 0.40% per year. On volatility, CMDT has been the lower-risk option at 3.79%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, CMDT has performed better with a 11.87% return vs 10.36%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
RSPR is cheaper with a 0.40% expense ratio, compared with 0.65% for CMDT.
RSPR has the higher dividend yield at 2.84%, compared with 2.73% for CMDT.
RSPR is categorized as REIT, while CMDT is Commodities. RSPR tracks S&P 500 Equal Weighted / Real Estate - SEC, while CMDT tracks Bloomberg Roll Select Commodity Total Return Index. They also come from different issuers: Invesco and PIMCO. Their fees differ too: 0.40% for RSPR and 0.65% for CMDT.
CMDT currently has the higher Sharpe Ratio (1.62 vs 0.43), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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