RSPT vs. VGT
Compare and contrast key facts about Invesco S&P 500 Equal Weight Technology ETF (RSPT) and Vanguard Information Technology ETF (VGT).
RSPT and VGT 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. VGT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Information Technology 25/50 Index. It was launched on Jan 26, 2004. Both RSPT and VGT 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 VGT.
Key characteristics
| RSPT | VGT | |
|---|---|---|
| YTD Return | 18.70% | 29.40% |
| 1Y Return | 36.15% | 41.46% |
| 3Y Return (Ann) | 7.23% | 12.41% |
| 5Y Return (Ann) | 16.24% | 23.00% |
| 10Y Return (Ann) | 17.01% | 20.95% |
| Sharpe Ratio | 1.84 | 1.94 |
| Sortino Ratio | 2.45 | 2.51 |
| Omega Ratio | 1.32 | 1.35 |
| Calmar Ratio | 2.78 | 2.68 |
| Martin Ratio | 8.97 | 9.65 |
| Ulcer Index | 3.98% | 4.22% |
| Daily Std Dev | 19.37% | 20.96% |
| Max Drawdown | -58.91% | -54.63% |
| Current Drawdown | -0.95% | -0.41% |
Correlation
The correlation between RSPT and VGT is 0.90, 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. VGT - Performance Comparison
In the year-to-date period, RSPT achieves a 18.70% return, which is significantly lower than VGT's 29.40% return. Over the past 10 years, RSPT has underperformed VGT with an annualized return of 17.01%, while VGT has yielded a comparatively higher 20.95% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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RSPT vs. VGT - Expense Ratio Comparison
RSPT has a 0.40% expense ratio, which is higher than VGT's 0.10% expense ratio.
Risk-Adjusted Performance
RSPT vs. VGT - 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 Vanguard Information Technology ETF (VGT). 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. VGT - Dividend Comparison
RSPT's dividend yield for the trailing twelve months is around 0.45%, less than VGT's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RSPT Invesco S&P 500 Equal Weight Technology ETF | 0.45% | 0.56% | 0.71% | 0.50% | 1.29% | 0.92% | 0.98% | 0.84% | 1.16% | 1.18% | 1.16% | 0.80% |
VGT Vanguard Information Technology ETF | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% | 1.05% |
Drawdowns
RSPT vs. VGT - Drawdown Comparison
The maximum RSPT drawdown since its inception was -58.91%, which is greater than VGT's maximum drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for RSPT and VGT. For additional features, visit the drawdowns tool.
Volatility
RSPT vs. VGT - Volatility Comparison
Invesco S&P 500 Equal Weight Technology ETF (RSPT) and Vanguard Information Technology ETF (VGT) have volatilities of 6.10% and 6.28%, 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.