RTM vs. PICK
Compare and contrast key facts about Invesco S&P 500® Equal Weight Materials ETF (RTM) and iShares MSCI Global Select Metals & Mining Producers ETF (PICK).
RTM and PICK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RTM is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weighted / Materials -SEC. It was launched on Nov 1, 2006. PICK is a passively managed fund by iShares that tracks the performance of the MSCI ACWI Select Metals & Mining Producers Ex Gold & Silver Investable Market Index. It was launched on Jan 31, 2012. Both RTM and PICK 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: RTM or PICK.
Correlation
The correlation between RTM and PICK is 0.69, 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
RTM vs. PICK - Performance Comparison
Key characteristics
RTM:
0.66
PICK:
-0.19
RTM:
1.01
PICK:
-0.11
RTM:
1.12
PICK:
0.99
RTM:
0.12
PICK:
-0.17
RTM:
2.20
PICK:
-0.37
RTM:
4.64%
PICK:
11.26%
RTM:
15.45%
PICK:
21.90%
RTM:
-96.37%
PICK:
-68.87%
RTM:
-86.40%
PICK:
-20.20%
Returns By Period
In the year-to-date period, RTM achieves a 6.29% return, which is significantly higher than PICK's 4.94% return. Over the past 10 years, RTM has outperformed PICK with an annualized return of 8.90%, while PICK has yielded a comparatively lower 7.25% annualized return.
RTM
6.29%
5.29%
-0.80%
9.39%
11.12%
8.90%
PICK
4.94%
4.05%
-5.49%
-3.27%
9.43%
7.25%
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RTM vs. PICK - Expense Ratio Comparison
RTM has a 0.40% expense ratio, which is higher than PICK's 0.39% expense ratio.
Risk-Adjusted Performance
RTM vs. PICK — Risk-Adjusted Performance Rank
RTM
PICK
RTM vs. PICK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500® Equal Weight Materials ETF (RTM) and iShares MSCI Global Select Metals & Mining Producers ETF (PICK). 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
RTM vs. PICK - Dividend Comparison
RTM's dividend yield for the trailing twelve months is around 1.92%, less than PICK's 3.10% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RTM Invesco S&P 500® Equal Weight Materials ETF | 1.92% | 2.04% | 2.05% | 2.19% | 1.43% | 1.57% | 1.81% | 0.37% | 0.00% | 0.00% | 0.00% | 1.45% |
PICK iShares MSCI Global Select Metals & Mining Producers ETF | 3.10% | 3.26% | 4.19% | 6.93% | 5.89% | 2.27% | 5.51% | 4.77% | 2.41% | 1.15% | 15.77% | 2.88% |
Drawdowns
RTM vs. PICK - Drawdown Comparison
The maximum RTM drawdown since its inception was -96.37%, which is greater than PICK's maximum drawdown of -68.87%. Use the drawdown chart below to compare losses from any high point for RTM and PICK. For additional features, visit the drawdowns tool.
Volatility
RTM vs. PICK - Volatility Comparison
Invesco S&P 500® Equal Weight Materials ETF (RTM) and iShares MSCI Global Select Metals & Mining Producers ETF (PICK) have volatilities of 5.47% and 5.28%, 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.