RSPT vs. NXT

In the year-to-date period, RSPT achieves a 2.64% return, which is significantly lower than NXT's 61.48% return.

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This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Equal Weight Technology ETF (RSPT) and Nextracker Inc (NXT). 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.

The current RSPT Sharpe Ratio is 0.32, which is lower than the NXT Sharpe Ratio of 0.51. The chart below compares the historical Sharpe Ratios of RSPT and NXT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

RSPT's dividend yield for the trailing twelve months is around 0.43%, while NXT has not paid dividends to shareholders.

The maximum RSPT drawdown since its inception was -58.91%, which is greater than NXT's maximum drawdown of -48.61%. Use the drawdown chart below to compare losses from any high point for RSPT and NXT. For additional features, visit the drawdowns tool.

The current volatility for Invesco S&P 500 Equal Weight Technology ETF (RSPT) is 6.69%, while Nextracker Inc (NXT) has a volatility of 18.48%. This indicates that RSPT experiences smaller price fluctuations and is considered to be less risky than NXT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.