Correlation
The correlation between RSPU and JXI is 0.48, 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.
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.
Performance
RSPU vs. JXI - Performance Comparison
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Key characteristics
RSPU:
1.33
JXI:
1.34
RSPU:
1.82
JXI:
1.75
RSPU:
1.24
JXI:
1.24
RSPU:
2.39
JXI:
1.91
RSPU:
6.17
JXI:
4.82
RSPU:
3.60%
JXI:
4.13%
RSPU:
16.70%
JXI:
15.29%
RSPU:
-48.08%
JXI:
-50.23%
RSPU:
-1.40%
JXI:
-0.54%
Returns By Period
In the year-to-date period, RSPU achieves a 9.86% return, which is significantly lower than JXI's 14.68% return. Over the past 10 years, RSPU has outperformed JXI with an annualized return of 10.10%, while JXI has yielded a comparatively lower 8.03% annualized return.
RSPU
9.86%
2.82%
1.67%
19.93%
8.18%
11.47%
10.10%
JXI
14.68%
3.07%
6.18%
18.33%
7.49%
9.45%
8.03%
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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 Rank
RSPU
JXI
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.
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Dividends
RSPU vs. JXI - Dividend Comparison
RSPU's dividend yield for the trailing twelve months is around 2.38%, less than JXI's 2.64% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RSPU Invesco S&P 500 Equal Weight Utilities ETF | 2.38% | 2.39% | 2.92% | 2.35% | 2.41% | 2.94% | 2.54% | 3.11% | 3.08% | 2.98% | 4.15% | 2.91% |
JXI iShares Global Utilities ETF | 2.64% | 3.02% | 3.58% | 3.13% | 2.78% | 2.65% | 3.43% | 3.16% | 3.62% | 4.77% | 3.78% | 3.55% |
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.
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Volatility
RSPU vs. JXI - Volatility Comparison
Invesco S&P 500 Equal Weight Utilities ETF (RSPU) and iShares Global Utilities ETF (JXI) have volatilities of 4.44% and 4.51%, 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.
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