RSPT vs. RSPD
Compare and contrast key facts about Invesco S&P 500 Equal Weight Technology ETF (RSPT) and Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD).
RSPT and RSPD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RSPT is a passively managed fund by Invesco that tracks the performance of the S&P 500® Information Technology Index. It was launched on Jan 11, 2006. RSPD is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weighted / Consumer Discretionary -SEC. It was launched on Nov 1, 2006. Both RSPT and RSPD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RSPT or RSPD.
Correlation
The correlation between RSPT and RSPD is 0.78, 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
RSPT vs. RSPD - Performance Comparison
Key characteristics
RSPT:
0.17
RSPD:
0.16
RSPT:
0.42
RSPD:
0.38
RSPT:
1.06
RSPD:
1.05
RSPT:
0.17
RSPD:
0.16
RSPT:
0.61
RSPD:
0.60
RSPT:
7.44%
RSPD:
5.63%
RSPT:
27.36%
RSPD:
21.71%
RSPT:
-58.91%
RSPD:
-68.00%
RSPT:
-14.89%
RSPD:
-12.65%
Returns By Period
The year-to-date returns for both stocks are quite close, with RSPT having a -8.38% return and RSPD slightly lower at -8.41%. Over the past 10 years, RSPT has outperformed RSPD with an annualized return of 14.99%, while RSPD has yielded a comparatively lower 6.25% annualized return.
RSPT
-8.38%
-2.34%
-8.66%
2.64%
14.65%
14.99%
RSPD
-8.41%
-4.47%
-5.47%
2.65%
14.24%
6.25%
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RSPT vs. RSPD - Expense Ratio Comparison
Both RSPT and RSPD have an expense ratio of 0.40%.
Risk-Adjusted Performance
RSPT vs. RSPD — Risk-Adjusted Performance Rank
RSPT
RSPD
RSPT vs. RSPD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Equal Weight Technology ETF (RSPT) and Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD). 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.
Dividends
RSPT vs. RSPD - Dividend Comparison
RSPT's dividend yield for the trailing twelve months is around 0.48%, less than RSPD's 1.02% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RSPT Invesco S&P 500 Equal Weight Technology ETF | 0.48% | 0.44% | 0.56% | 0.71% | 0.50% | 1.29% | 0.92% | 0.98% | 0.84% | 1.16% | 1.18% | 1.16% |
RSPD Invesco S&P 500 Equal Weight Consumer Discretionary ETF | 1.02% | 0.84% | 1.09% | 0.99% | 0.53% | 0.81% | 1.59% | 1.67% | 1.45% | 1.27% | 1.37% | 1.05% |
Drawdowns
RSPT vs. RSPD - Drawdown Comparison
The maximum RSPT drawdown since its inception was -58.91%, smaller than the maximum RSPD drawdown of -68.00%. Use the drawdown chart below to compare losses from any high point for RSPT and RSPD. For additional features, visit the drawdowns tool.
Volatility
RSPT vs. RSPD - Volatility Comparison
Invesco S&P 500 Equal Weight Technology ETF (RSPT) has a higher volatility of 18.76% compared to Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD) at 14.67%. This indicates that RSPT's price experiences larger fluctuations and is considered to be riskier than RSPD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.