RYH vs. FZROX
Compare and contrast key facts about Invesco S&P 500® Equal Weight Health Care ETF (RYH) and Fidelity ZERO Total Market Index Fund (FZROX).
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. FZROX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RYH or FZROX.
Key characteristics
| RYH | FZROX |
|---|
Correlation
The correlation between RYH and FZROX is 0.71, 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
RYH vs. FZROX - 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. FZROX - Expense Ratio Comparison
RYH has a 0.40% expense ratio, which is higher than FZROX's 0.00% expense ratio.
Risk-Adjusted Performance
RYH vs. FZROX - 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 ZERO Total Market Index Fund (FZROX). 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. FZROX - Dividend Comparison
RYH has not paid dividends to shareholders, while FZROX's dividend yield for the trailing twelve months is around 1.08%.
| 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% |
FZROX Fidelity ZERO Total Market Index Fund | 1.08% | 1.36% | 1.57% | 1.08% | 1.27% | 1.45% | 0.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
RYH vs. FZROX - Drawdown Comparison
Volatility
RYH vs. FZROX - Volatility Comparison
The current volatility for Invesco S&P 500® Equal Weight Health Care ETF (RYH) is 0.00%, while Fidelity ZERO Total Market Index Fund (FZROX) has a volatility of 4.06%. This indicates that RYH experiences smaller price fluctuations and is considered to be less risky than FZROX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.