RSVIX vs. QQQ
Compare and contrast key facts about RBC Small Cap Value Fund (RSVIX) and Invesco QQQ (QQQ).
RSVIX is managed by RBC Global Asset Management.. It was launched on Dec 3, 2014. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RSVIX or QQQ.
Key characteristics
| RSVIX | QQQ | |
|---|---|---|
| YTD Return | 5.22% | 15.96% |
| 1Y Return | 18.16% | 28.44% |
| 3Y Return (Ann) | 7.14% | 8.94% |
| 5Y Return (Ann) | 7.26% | 20.55% |
| Sharpe Ratio | 0.87 | 1.62 |
| Daily Std Dev | 20.17% | 17.68% |
| Max Drawdown | -46.59% | -82.98% |
| Current Drawdown | -3.56% | -5.86% |
Correlation
The correlation between RSVIX and QQQ is 0.60, 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
RSVIX vs. QQQ - Performance Comparison
In the year-to-date period, RSVIX achieves a 5.22% return, which is significantly lower than QQQ's 15.96% 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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RSVIX vs. QQQ - Expense Ratio Comparison
RSVIX has a 0.85% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
RSVIX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for RBC Small Cap Value Fund (RSVIX) and Invesco QQQ (QQQ). 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
RSVIX vs. QQQ - Dividend Comparison
RSVIX's dividend yield for the trailing twelve months is around 1.23%, more than QQQ's 0.50% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RSVIX RBC Small Cap Value Fund | 1.23% | 1.29% | 5.32% | 1.44% | 0.97% | 1.23% | 3.62% | 2.72% | 2.17% | 2.42% | 0.29% | 0.00% |
QQQ Invesco QQQ | 0.50% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
RSVIX vs. QQQ - Drawdown Comparison
The maximum RSVIX drawdown since its inception was -46.59%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for RSVIX and QQQ. For additional features, visit the drawdowns tool.
Volatility
RSVIX vs. QQQ - Volatility Comparison
RBC Small Cap Value Fund (RSVIX) and Invesco QQQ (QQQ) have volatilities of 5.90% and 6.05%, 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.