RYE vs. VDE
Compare and contrast key facts about Invesco S&P 500® Equal Weight Energy ETF (RYE) and Vanguard Energy ETF (VDE).
RYE and VDE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RYE is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weighted / Energy -SEC. It was launched on Nov 1, 2006. VDE is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Energy 25/50 Index. It was launched on Sep 23, 2004. Both RYE and VDE 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: RYE or VDE.
Correlation
The correlation between RYE and VDE is 0.91, 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
RYE vs. VDE - Performance Comparison
Key characteristics
Returns By Period
RYE
N/A
N/A
N/A
N/A
N/A
N/A
VDE
3.61%
-11.39%
-2.91%
1.92%
12.32%
3.96%
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RYE vs. VDE - Expense Ratio Comparison
RYE has a 0.40% expense ratio, which is higher than VDE's 0.10% expense ratio.
Risk-Adjusted Performance
RYE vs. VDE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500® Equal Weight Energy ETF (RYE) and Vanguard Energy ETF (VDE). 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
RYE vs. VDE - Dividend Comparison
RYE has not paid dividends to shareholders, while VDE's dividend yield for the trailing twelve months is around 3.33%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Invesco S&P 500® Equal Weight Energy ETF | 1.21% | 2.84% | 3.43% | 2.37% | 3.15% | 2.15% | 2.18% | 2.55% | 1.14% | 2.80% | 1.97% | 0.98% |
Vanguard Energy ETF | 3.33% | 3.34% | 3.65% | 4.13% | 4.76% | 3.59% | 3.35% | 2.90% | 2.31% | 3.17% | 1.98% | 1.74% |
Drawdowns
RYE vs. VDE - Drawdown Comparison
Volatility
RYE vs. VDE - Volatility Comparison
The current volatility for Invesco S&P 500® Equal Weight Energy ETF (RYE) is 0.00%, while Vanguard Energy ETF (VDE) has a volatility of 5.07%. This indicates that RYE experiences smaller price fluctuations and is considered to be less risky than VDE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.