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RZV vs. RPV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


RZVRPV
YTD Return-6.79%2.23%
1Y Return11.68%12.31%
3Y Return (Ann)5.77%6.23%
5Y Return (Ann)9.26%7.46%
10Y Return (Ann)6.17%7.41%
Sharpe Ratio0.530.81
Daily Std Dev23.76%15.86%
Max Drawdown-77.11%-75.32%
Current Drawdown-7.99%-5.72%

Correlation

0.84
-1.001.00

The correlation between RZV and RPV is 0.84, 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

RZV vs. RPV - Performance Comparison

In the year-to-date period, RZV achieves a -6.79% return, which is significantly lower than RPV's 2.23% return. Over the past 10 years, RZV has underperformed RPV with an annualized return of 6.17%, while RPV has yielded a comparatively higher 7.41% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%0.00%10.00%20.00%30.00%NovemberDecember2024FebruaryMarchApril
16.01%
18.29%
RZV
RPV

Compare stocks, funds, or ETFs


Invesco S&P SmallCap 600® Pure Value ETF

Invesco S&P 500® Pure Value ETF

RZV vs. RPV - Expense Ratio Comparison

Both RZV and RPV have an expense ratio of 0.35%.

RZV
Invesco S&P SmallCap 600® Pure Value ETF
0.50%1.00%1.50%2.00%0.35%
0.50%1.00%1.50%2.00%0.35%

Risk-Adjusted Performance

RZV vs. RPV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap 600® Pure Value ETF (RZV) and Invesco S&P 500® Pure Value ETF (RPV). 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.


RZV
Sharpe ratio
The Sharpe ratio of RZV compared to the broader market0.002.004.000.53
Sortino ratio
The Sortino ratio of RZV compared to the broader market-2.000.002.004.006.008.000.96
Omega ratio
The Omega ratio of RZV compared to the broader market1.001.502.002.501.11
Calmar ratio
The Calmar ratio of RZV compared to the broader market0.002.004.006.008.0010.0012.000.59
Martin ratio
The Martin ratio of RZV compared to the broader market0.0020.0040.0060.0080.002.00
RPV
Sharpe ratio
The Sharpe ratio of RPV compared to the broader market0.002.004.000.81
Sortino ratio
The Sortino ratio of RPV compared to the broader market-2.000.002.004.006.008.001.29
Omega ratio
The Omega ratio of RPV compared to the broader market1.001.502.002.501.14
Calmar ratio
The Calmar ratio of RPV compared to the broader market0.002.004.006.008.0010.0012.000.57
Martin ratio
The Martin ratio of RPV compared to the broader market0.0020.0040.0060.0080.002.41

RZV vs. RPV - Sharpe Ratio Comparison

The current RZV Sharpe Ratio is 0.53, which is lower than the RPV Sharpe Ratio of 0.81. The chart below compares the 12-month rolling Sharpe Ratio of RZV and RPV.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.50NovemberDecember2024FebruaryMarchApril
0.53
0.81
RZV
RPV

Dividends

RZV vs. RPV - Dividend Comparison

RZV's dividend yield for the trailing twelve months is around 1.22%, less than RPV's 2.38% yield.


TTM20232022202120202019201820172016201520142013
RZV
Invesco S&P SmallCap 600® Pure Value ETF
1.22%1.13%1.43%0.86%0.63%1.03%2.03%1.02%0.46%1.24%0.68%0.64%
RPV
Invesco S&P 500® Pure Value ETF
2.38%2.38%2.29%1.92%2.11%2.28%2.49%1.73%1.73%2.39%1.57%1.13%

Drawdowns

RZV vs. RPV - Drawdown Comparison

The maximum RZV drawdown since its inception was -77.11%, roughly equal to the maximum RPV drawdown of -75.32%. The drawdown chart below compares losses from any high point along the way for RZV and RPV


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2024FebruaryMarchApril
-7.99%
-5.72%
RZV
RPV

Volatility

RZV vs. RPV - Volatility Comparison

Invesco S&P SmallCap 600® Pure Value ETF (RZV) has a higher volatility of 6.90% compared to Invesco S&P 500® Pure Value ETF (RPV) at 4.77%. This indicates that RZV's price experiences larger fluctuations and is considered to be riskier than RPV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%NovemberDecember2024FebruaryMarchApril
6.90%
4.77%
RZV
RPV