RWL vs. FXAIX
Compare and contrast key facts about Invesco S&P 500 Revenue ETF (RWL) and Fidelity 500 Index Fund (FXAIX).
RWL is a passively managed fund by Invesco that tracks the performance of the S&P 500 Revenue-Weighted Index. It was launched on Feb 22, 2008. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RWL or FXAIX.
Key characteristics
| RWL | FXAIX | |
|---|---|---|
| YTD Return | 20.83% | 26.92% |
| 1Y Return | 31.45% | 37.57% |
| 3Y Return (Ann) | 10.84% | 10.24% |
| 5Y Return (Ann) | 14.40% | 15.96% |
| 10Y Return (Ann) | 11.83% | 13.30% |
| Sharpe Ratio | 3.05 | 3.05 |
| Sortino Ratio | 4.24 | 4.06 |
| Omega Ratio | 1.57 | 1.57 |
| Calmar Ratio | 5.16 | 4.44 |
| Martin Ratio | 18.88 | 20.09 |
| Ulcer Index | 1.67% | 1.86% |
| Daily Std Dev | 10.30% | 12.28% |
| Max Drawdown | -54.83% | -33.79% |
| Current Drawdown | -0.69% | -0.28% |
Correlation
The correlation between RWL and FXAIX 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.
Performance
RWL vs. FXAIX - Performance Comparison
In the year-to-date period, RWL achieves a 20.83% return, which is significantly lower than FXAIX's 26.92% return. Over the past 10 years, RWL has underperformed FXAIX with an annualized return of 11.83%, while FXAIX has yielded a comparatively higher 13.30% annualized 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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RWL vs. FXAIX - Expense Ratio Comparison
RWL has a 0.39% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
RWL vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Revenue ETF (RWL) and Fidelity 500 Index Fund (FXAIX). 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
RWL vs. FXAIX - Dividend Comparison
RWL's dividend yield for the trailing twelve months is around 1.39%, more than FXAIX's 1.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RWL Invesco S&P 500 Revenue ETF | 1.39% | 1.60% | 1.62% | 1.35% | 1.75% | 1.87% | 1.99% | 1.61% | 1.71% | 1.97% | 1.43% | 1.61% |
FXAIX Fidelity 500 Index Fund | 1.21% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% | 1.84% |
Drawdowns
RWL vs. FXAIX - Drawdown Comparison
The maximum RWL drawdown since its inception was -54.83%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for RWL and FXAIX. For additional features, visit the drawdowns tool.
Volatility
RWL vs. FXAIX - Volatility Comparison
Invesco S&P 500 Revenue ETF (RWL) and Fidelity 500 Index Fund (FXAIX) have volatilities of 3.95% and 3.85%, 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.