RSPU vs. JXI
Compare and contrast key facts about Invesco S&P 500 Equal Weight Utilities ETF (RSPU) and iShares Global Utilities ETF (JXI).
RSPU and JXI 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. JXI is a passively managed fund by iShares that tracks the performance of the S&P Global Utilities Index. It was launched on Sep 21, 2006. Both RSPU and JXI 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: RSPU or JXI.
Correlation
The correlation between RSPU and JXI 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
RSPU vs. JXI - Performance Comparison
Key characteristics
RSPU:
1.76
JXI:
1.10
RSPU:
2.40
JXI:
1.53
RSPU:
1.31
JXI:
1.19
RSPU:
1.65
JXI:
1.05
RSPU:
7.99
JXI:
3.76
RSPU:
3.30%
JXI:
3.93%
RSPU:
14.99%
JXI:
13.39%
RSPU:
-48.08%
JXI:
-50.23%
RSPU:
-6.60%
JXI:
-8.02%
Returns By Period
In the year-to-date period, RSPU achieves a 24.70% return, which is significantly higher than JXI's 13.95% return. Over the past 10 years, RSPU has outperformed JXI with an annualized return of 8.27%, while JXI has yielded a comparatively lower 6.04% annualized return.
RSPU
24.70%
-5.15%
14.92%
26.35%
7.65%
8.27%
JXI
13.95%
-5.00%
7.81%
14.77%
5.20%
6.04%
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RSPU vs. JXI - Expense Ratio Comparison
RSPU has a 0.40% expense ratio, which is lower than JXI's 0.46% expense ratio.
Risk-Adjusted Performance
RSPU vs. JXI - 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 iShares Global Utilities ETF (JXI). 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. JXI - Dividend Comparison
RSPU's dividend yield for the trailing twelve months is around 2.37%, less than JXI's 3.00% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RSPU Invesco S&P 500 Equal Weight Utilities ETF | 2.37% | 2.92% | 2.35% | 2.41% | 2.94% | 2.54% | 3.11% | 3.08% | 2.98% | 4.15% | 2.91% | 3.70% |
JXI iShares Global Utilities ETF | 3.00% | 3.58% | 3.13% | 2.78% | 2.65% | 3.43% | 3.16% | 3.62% | 4.77% | 3.78% | 3.55% | 4.30% |
Drawdowns
RSPU vs. JXI - Drawdown Comparison
The maximum RSPU drawdown since its inception was -48.08%, roughly equal to the maximum JXI drawdown of -50.23%. Use the drawdown chart below to compare losses from any high point for RSPU and JXI. For additional features, visit the drawdowns tool.
Volatility
RSPU vs. JXI - Volatility Comparison
Invesco S&P 500 Equal Weight Utilities ETF (RSPU) has a higher volatility of 4.48% compared to iShares Global Utilities ETF (JXI) at 3.94%. This indicates that RSPU's price experiences larger fluctuations and is considered to be riskier than JXI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.