SPMD vs. RFG
Compare and contrast key facts about SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) and Invesco S&P MidCap 400® Pure Growth ETF (RFG).
SPMD and RFG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPMD is a passively managed fund by State Street that tracks the performance of the S&P MidCap 400 Index. It was launched on Nov 8, 2005. RFG is a passively managed fund by Invesco that tracks the performance of the S&P Mid Cap 400 Pure Growth. It was launched on Mar 1, 2006. Both SPMD and RFG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPMD or RFG.
Correlation
The correlation between SPMD and RFG is 0.83, 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
SPMD vs. RFG - Performance Comparison
Key characteristics
SPMD:
-0.04
RFG:
-0.38
SPMD:
0.10
RFG:
-0.40
SPMD:
1.01
RFG:
0.95
SPMD:
-0.03
RFG:
-0.35
SPMD:
-0.11
RFG:
-1.04
SPMD:
7.09%
RFG:
9.03%
SPMD:
21.58%
RFG:
24.50%
SPMD:
-57.62%
RFG:
-51.93%
SPMD:
-16.03%
RFG:
-18.30%
Returns By Period
In the year-to-date period, SPMD achieves a -8.90% return, which is significantly higher than RFG's -9.97% return. Over the past 10 years, SPMD has outperformed RFG with an annualized return of 7.60%, while RFG has yielded a comparatively lower 5.74% annualized return.
SPMD
-8.90%
-5.23%
-8.20%
-0.50%
14.52%
7.60%
RFG
-9.97%
-3.59%
-10.14%
-9.20%
12.36%
5.74%
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SPMD vs. RFG - Expense Ratio Comparison
SPMD has a 0.05% expense ratio, which is lower than RFG's 0.35% expense ratio.
Risk-Adjusted Performance
SPMD vs. RFG — Risk-Adjusted Performance Rank
SPMD
RFG
SPMD vs. RFG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) and Invesco S&P MidCap 400® Pure Growth ETF (RFG). 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
SPMD vs. RFG - Dividend Comparison
SPMD's dividend yield for the trailing twelve months is around 1.60%, more than RFG's 0.34% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPMD SPDR Portfolio S&P 400 Mid Cap ETF | 1.60% | 1.42% | 1.47% | 1.64% | 1.24% | 1.30% | 1.57% | 1.85% | 1.97% | 2.13% | 5.33% | 5.71% |
RFG Invesco S&P MidCap 400® Pure Growth ETF | 0.34% | 0.38% | 0.99% | 0.78% | 0.26% | 0.27% | 0.64% | 0.76% | 0.66% | 0.35% | 0.61% | 0.60% |
Drawdowns
SPMD vs. RFG - Drawdown Comparison
The maximum SPMD drawdown since its inception was -57.62%, which is greater than RFG's maximum drawdown of -51.93%. Use the drawdown chart below to compare losses from any high point for SPMD and RFG. For additional features, visit the drawdowns tool.
Volatility
SPMD vs. RFG - Volatility Comparison
The current volatility for SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) is 14.63%, while Invesco S&P MidCap 400® Pure Growth ETF (RFG) has a volatility of 15.57%. This indicates that SPMD experiences smaller price fluctuations and is considered to be less risky than RFG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.