Correlation
The correlation between RSPU and UTES is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
RSPU vs. UTES
Compare and contrast key facts about Invesco S&P 500 Equal Weight Utilities ETF (RSPU) and Virtus Reaves Utilities ETF (UTES).
RSPU and UTES 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. UTES is an actively managed fund by Virtus Investment Partners. It was launched on Sep 23, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RSPU or UTES.
Performance
RSPU vs. UTES - Performance Comparison
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Key characteristics
RSPU:
1.33
UTES:
1.33
RSPU:
1.82
UTES:
1.73
RSPU:
1.24
UTES:
1.25
RSPU:
2.39
UTES:
1.94
RSPU:
6.17
UTES:
5.64
RSPU:
3.60%
UTES:
6.06%
RSPU:
16.70%
UTES:
25.97%
RSPU:
-48.08%
UTES:
-35.39%
RSPU:
-1.40%
UTES:
-0.21%
Returns By Period
In the year-to-date period, RSPU achieves a 9.86% return, which is significantly lower than UTES's 14.44% return.
RSPU
9.86%
2.82%
1.67%
19.93%
8.18%
11.47%
10.10%
UTES
14.44%
7.39%
4.93%
33.43%
17.01%
16.60%
N/A
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RSPU vs. UTES - Expense Ratio Comparison
RSPU has a 0.40% expense ratio, which is lower than UTES's 0.49% expense ratio.
Risk-Adjusted Performance
RSPU vs. UTES — Risk-Adjusted Performance Rank
RSPU
UTES
RSPU vs. UTES - 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 Virtus Reaves Utilities ETF (UTES). 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. UTES - Dividend Comparison
RSPU's dividend yield for the trailing twelve months is around 2.38%, more than UTES's 1.32% 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% |
UTES Virtus Reaves Utilities ETF | 1.32% | 1.51% | 2.44% | 2.13% | 1.94% | 2.09% | 1.84% | 2.16% | 2.81% | 3.28% | 0.61% | 0.00% |
Drawdowns
RSPU vs. UTES - Drawdown Comparison
The maximum RSPU drawdown since its inception was -48.08%, which is greater than UTES's maximum drawdown of -35.39%. Use the drawdown chart below to compare losses from any high point for RSPU and UTES.
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Volatility
RSPU vs. UTES - Volatility Comparison
The current volatility for Invesco S&P 500 Equal Weight Utilities ETF (RSPU) is 4.44%, while Virtus Reaves Utilities ETF (UTES) has a volatility of 4.85%. This indicates that RSPU experiences smaller price fluctuations and is considered to be less risky than UTES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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