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.
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
Key characteristics
RWL:
1.82
FXAIX:
2.20
RWL:
2.56
FXAIX:
2.93
RWL:
1.33
FXAIX:
1.41
RWL:
3.02
FXAIX:
3.26
RWL:
10.32
FXAIX:
14.39
RWL:
1.83%
FXAIX:
1.91%
RWL:
10.38%
FXAIX:
12.50%
RWL:
-54.83%
FXAIX:
-33.79%
RWL:
-5.14%
FXAIX:
-2.91%
Returns By Period
In the year-to-date period, RWL achieves a 17.01% return, which is significantly lower than FXAIX's 25.57% return. Over the past 10 years, RWL has underperformed FXAIX with an annualized return of 11.09%, while FXAIX has yielded a comparatively higher 12.86% annualized return.
RWL
17.01%
-2.63%
6.90%
17.71%
12.94%
11.09%
FXAIX
25.57%
0.00%
8.86%
26.21%
14.72%
12.86%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 1.05%, more than FXAIX's 0.88% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RWL Invesco S&P 500 Revenue ETF | 1.05% | 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 | 0.88% | 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
The current volatility for Invesco S&P 500 Revenue ETF (RWL) is 3.32%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 3.70%. This indicates that RWL experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.