RYPRX vs. RWK
Compare and contrast key facts about Royce Premier Fund (RYPRX) and Invesco S&P MidCap 400 Revenue ETF (RWK).
RYPRX is managed by Royce Investment Partners. It was launched on Dec 31, 1991. RWK is a passively managed fund by Invesco that tracks the performance of the S&P MidCap 400 Revenue-Weighted Index. It was launched on Feb 22, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RYPRX or RWK.
Correlation
The correlation between RYPRX and RWK is 0.82, 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
RYPRX vs. RWK - Performance Comparison
Loading data...
Key characteristics
RYPRX:
-0.46
RWK:
0.06
RYPRX:
-0.46
RWK:
0.25
RYPRX:
0.94
RWK:
1.03
RYPRX:
-0.17
RWK:
0.05
RYPRX:
-0.81
RWK:
0.17
RYPRX:
13.28%
RWK:
7.91%
RYPRX:
24.68%
RWK:
22.58%
RYPRX:
-66.19%
RWK:
-56.49%
RYPRX:
-54.46%
RWK:
-8.81%
Returns By Period
In the year-to-date period, RYPRX achieves a -2.39% return, which is significantly lower than RWK's -1.04% return. Over the past 10 years, RYPRX has underperformed RWK with an annualized return of -6.15%, while RWK has yielded a comparatively higher 9.61% annualized return.
RYPRX
-2.39%
14.06%
-13.99%
-11.26%
-0.63%
0.20%
-6.15%
RWK
-1.04%
12.88%
-3.50%
1.45%
12.62%
19.74%
9.61%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RYPRX vs. RWK - Expense Ratio Comparison
RYPRX has a 1.17% expense ratio, which is higher than RWK's 0.39% expense ratio.
Risk-Adjusted Performance
RYPRX vs. RWK — Risk-Adjusted Performance Rank
RYPRX
RWK
RYPRX vs. RWK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Royce Premier Fund (RYPRX) and Invesco S&P MidCap 400 Revenue ETF (RWK). 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.
Loading data...
Dividends
RYPRX vs. RWK - Dividend Comparison
RYPRX's dividend yield for the trailing twelve months is around 0.01%, less than RWK's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYPRX Royce Premier Fund | 0.01% | 0.01% | 0.05% | 0.00% | 0.05% | 0.90% | 0.42% | 0.08% | 0.10% | 0.28% | 0.92% | 0.42% |
RWK Invesco S&P MidCap 400 Revenue ETF | 1.18% | 1.11% | 1.05% | 1.18% | 0.85% | 0.96% | 1.09% | 1.22% | 0.74% | 1.30% | 0.92% | 1.04% |
Drawdowns
RYPRX vs. RWK - Drawdown Comparison
The maximum RYPRX drawdown since its inception was -66.19%, which is greater than RWK's maximum drawdown of -56.49%. Use the drawdown chart below to compare losses from any high point for RYPRX and RWK. For additional features, visit the drawdowns tool.
Loading data...
Volatility
RYPRX vs. RWK - Volatility Comparison
Royce Premier Fund (RYPRX) has a higher volatility of 5.88% compared to Invesco S&P MidCap 400 Revenue ETF (RWK) at 5.16%. This indicates that RYPRX's price experiences larger fluctuations and is considered to be riskier than RWK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...