RWJ vs. CALF
Compare and contrast key facts about Invesco S&P SmallCap 600 Revenue ETF (RWJ) and Pacer US Small Cap Cash Cows 100 ETF (CALF).
RWJ and CALF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RWJ is a passively managed fund by Invesco that tracks the performance of the S&P SmallCap 600 Revenue-Weighted Index. It was launched on Feb 22, 2008. CALF is a passively managed fund by Pacer Advisors that tracks the performance of the Pacer US Small Cap Cash Cows Index. It was launched on Jun 16, 2017. Both RWJ and CALF 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: RWJ or CALF.
Performance
RWJ vs. CALF - Performance Comparison
Returns By Period
In the year-to-date period, RWJ achieves a 15.67% return, which is significantly higher than CALF's -1.35% return.
RWJ
15.67%
5.12%
16.05%
31.21%
18.41%
10.95%
CALF
-1.35%
2.91%
3.26%
10.59%
14.63%
N/A
Key characteristics
| RWJ | CALF | |
|---|---|---|
| Sharpe Ratio | 1.44 | 0.51 |
| Sortino Ratio | 2.17 | 0.89 |
| Omega Ratio | 1.26 | 1.10 |
| Calmar Ratio | 2.26 | 0.77 |
| Martin Ratio | 7.83 | 1.75 |
| Ulcer Index | 4.02% | 6.12% |
| Daily Std Dev | 21.79% | 21.09% |
| Max Drawdown | -55.97% | -47.58% |
| Current Drawdown | -2.59% | -3.78% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RWJ vs. CALF - Expense Ratio Comparison
RWJ has a 0.39% expense ratio, which is lower than CALF's 0.59% expense ratio.
Correlation
The correlation between RWJ and CALF is 0.92, 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.
Risk-Adjusted Performance
RWJ vs. CALF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap 600 Revenue ETF (RWJ) and Pacer US Small Cap Cash Cows 100 ETF (CALF). 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
RWJ vs. CALF - Dividend Comparison
RWJ's dividend yield for the trailing twelve months is around 1.22%, more than CALF's 1.05% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RWJ Invesco S&P SmallCap 600 Revenue ETF | 1.22% | 1.34% | 1.02% | 0.61% | 0.89% | 1.22% | 1.44% | 0.91% | 0.60% | 0.74% | 0.57% | 1.27% |
CALF Pacer US Small Cap Cash Cows 100 ETF | 1.05% | 1.18% | 0.85% | 2.63% | 0.82% | 0.99% | 1.39% | 0.70% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
RWJ vs. CALF - Drawdown Comparison
The maximum RWJ drawdown since its inception was -55.97%, which is greater than CALF's maximum drawdown of -47.58%. Use the drawdown chart below to compare losses from any high point for RWJ and CALF. For additional features, visit the drawdowns tool.
Volatility
RWJ vs. CALF - Volatility Comparison
Invesco S&P SmallCap 600 Revenue ETF (RWJ) and Pacer US Small Cap Cash Cows 100 ETF (CALF) have volatilities of 7.62% and 7.39%, 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.