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 0.90, 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:
-0.23
RWK:
0.88
RYPRX:
-0.18
RWK:
1.36
RYPRX:
0.98
RWK:
1.16
RYPRX:
-0.08
RWK:
1.68
RYPRX:
-0.59
RWK:
3.82
RYPRX:
7.54%
RWK:
3.77%
RYPRX:
19.45%
RWK:
16.34%
RYPRX:
-66.19%
RWK:
-56.49%
RYPRX:
-52.06%
RWK:
-5.35%
Returns By Period
The year-to-date returns for both stocks are quite close, with RYPRX having a 2.75% return and RWK slightly lower at 2.71%. Over the past 10 years, RYPRX has underperformed RWK with an annualized return of -5.49%, while RWK has yielded a comparatively higher 10.25% annualized return.
RYPRX
2.75%
-1.32%
-5.48%
-3.03%
-2.53%
-5.49%
RWK
2.71%
-3.17%
6.32%
14.99%
14.79%
10.25%
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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 1.08% 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 | 1.08% | 1.11% | 1.05% | 1.18% | 0.85% | 0.96% | 1.09% | 1.22% | 0.74% | 1.30% | 0.92% | 1.03% |
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
The current volatility for Royce Premier Fund (RYPRX) is 3.49%, while Invesco S&P MidCap 400 Revenue ETF (RWK) has a volatility of 3.68%. This indicates that RYPRX experiences smaller price fluctuations and is considered to be less risky than RWK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.