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
Key characteristics
RYPRX:
-0.53
RWK:
-0.06
RYPRX:
-0.60
RWK:
0.07
RYPRX:
0.92
RWK:
1.01
RYPRX:
-0.21
RWK:
-0.06
RYPRX:
-1.09
RWK:
-0.20
RYPRX:
11.94%
RWK:
7.17%
RYPRX:
24.39%
RWK:
22.38%
RYPRX:
-66.19%
RWK:
-56.49%
RYPRX:
-58.15%
RWK:
-16.08%
Returns By Period
In the year-to-date period, RYPRX achieves a -10.28% return, which is significantly lower than RWK's -8.92% return. Over the past 10 years, RYPRX has underperformed RWK with an annualized return of -6.82%, while RWK has yielded a comparatively higher 8.87% annualized return.
RYPRX
-10.28%
-6.77%
-18.85%
-13.84%
0.20%
-6.82%
RWK
-8.92%
-5.06%
-8.72%
-2.47%
20.29%
8.87%
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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.
Dividends
RYPRX vs. RWK - Dividend Comparison
RYPRX's dividend yield for the trailing twelve months is around 0.01%, less than RWK's 1.28% 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 | 1.28% | 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.
Volatility
RYPRX vs. RWK - Volatility Comparison
Royce Premier Fund (RYPRX) and Invesco S&P MidCap 400 Revenue ETF (RWK) have volatilities of 14.70% and 14.94%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.