RSPU vs. GABF
Compare and contrast key facts about Invesco S&P 500 Equal Weight Utilities ETF (RSPU) and Gabelli Financial Services Opportunities ETF (GABF).
RSPU and GABF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RSPU is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weighted / Utilities Plus. It was launched on Nov 1, 2006. GABF is an actively managed fund by Gabelli. It was launched on May 9, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RSPU or GABF.
Correlation
The correlation between RSPU and GABF is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
RSPU vs. GABF - Performance Comparison
Key characteristics
RSPU:
2.34
GABF:
2.51
RSPU:
3.14
GABF:
3.45
RSPU:
1.41
GABF:
1.46
RSPU:
2.43
GABF:
4.28
RSPU:
10.27
GABF:
15.49
RSPU:
3.38%
GABF:
2.70%
RSPU:
14.89%
GABF:
16.68%
RSPU:
-48.08%
GABF:
-17.14%
RSPU:
-2.22%
GABF:
-2.54%
Returns By Period
In the year-to-date period, RSPU achieves a 5.66% return, which is significantly higher than GABF's 3.81% return.
RSPU
5.66%
0.81%
9.64%
33.16%
6.89%
9.20%
GABF
3.81%
0.28%
20.38%
42.71%
N/A
N/A
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RSPU vs. GABF - Expense Ratio Comparison
RSPU has a 0.40% expense ratio, which is higher than GABF's 0.10% expense ratio.
Risk-Adjusted Performance
RSPU vs. GABF — Risk-Adjusted Performance Rank
RSPU
GABF
RSPU vs. GABF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Equal Weight Utilities ETF (RSPU) and Gabelli Financial Services Opportunities ETF (GABF). 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
RSPU vs. GABF - Dividend Comparison
RSPU's dividend yield for the trailing twelve months is around 2.27%, less than GABF's 4.04% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
RSPU Invesco S&P 500 Equal Weight Utilities ETF | 2.27% | 2.39% | 2.92% | 2.35% | 2.41% | 2.94% | 2.54% | 3.11% | 3.08% | 2.98% | 4.15% | 2.91% |
GABF Gabelli Financial Services Opportunities ETF | 4.04% | 4.19% | 4.95% | 1.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
RSPU vs. GABF - Drawdown Comparison
The maximum RSPU drawdown since its inception was -48.08%, which is greater than GABF's maximum drawdown of -17.14%. Use the drawdown chart below to compare losses from any high point for RSPU and GABF. For additional features, visit the drawdowns tool.
Volatility
RSPU vs. GABF - Volatility Comparison
Invesco S&P 500 Equal Weight Utilities ETF (RSPU) has a higher volatility of 4.49% compared to Gabelli Financial Services Opportunities ETF (GABF) at 3.97%. This indicates that RSPU's price experiences larger fluctuations and is considered to be riskier than GABF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.