RYH vs. FGRTX
Compare and contrast key facts about Invesco S&P 500® Equal Weight Health Care ETF (RYH) and Fidelity Mega Cap Stock Fund (FGRTX).
RYH is a passively managed fund by Invesco that tracks the performance of the S&P Equal Weight Index Health Care. It was launched on Nov 7, 2006. FGRTX is managed by Fidelity. It was launched on Dec 28, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RYH or FGRTX.
Key characteristics
| RYH | FGRTX |
|---|
Correlation
The correlation between RYH and FGRTX is 0.70, 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
RYH vs. FGRTX - Performance Comparison
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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RYH vs. FGRTX - Expense Ratio Comparison
RYH has a 0.40% expense ratio, which is lower than FGRTX's 0.61% expense ratio.
Risk-Adjusted Performance
RYH vs. FGRTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500® Equal Weight Health Care ETF (RYH) and Fidelity Mega Cap Stock Fund (FGRTX). 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
RYH vs. FGRTX - Dividend Comparison
RYH has not paid dividends to shareholders, while FGRTX's dividend yield for the trailing twelve months is around 0.94%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYH Invesco S&P 500® Equal Weight Health Care ETF | 0.00% | 0.69% | 0.64% | 0.50% | 0.51% | 0.54% | 0.53% | 0.47% | 0.48% | 0.49% | 0.43% | 0.42% |
FGRTX Fidelity Mega Cap Stock Fund | 0.94% | 1.06% | 1.34% | 1.76% | 2.87% | 2.01% | 2.22% | 1.57% | 1.48% | 4.07% | 5.39% | 3.20% |
Drawdowns
RYH vs. FGRTX - Drawdown Comparison
Volatility
RYH vs. FGRTX - Volatility Comparison
The current volatility for Invesco S&P 500® Equal Weight Health Care ETF (RYH) is 0.00%, while Fidelity Mega Cap Stock Fund (FGRTX) has a volatility of 3.75%. This indicates that RYH experiences smaller price fluctuations and is considered to be less risky than FGRTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.