Correlation
The correlation between SZNE and RSP is 0.80, 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.
SZNE vs. RSP
Compare and contrast key facts about Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF (SZNE) and Invesco S&P 500® Equal Weight ETF (RSP).
SZNE and RSP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SZNE is a passively managed fund by Pacer Advisors that tracks the performance of the Pacer CFRA-Stovall Equal Weight Seasonal Rotation Index. It was launched on Jul 23, 2018. RSP is a passively managed fund by Invesco that tracks the performance of the S&P Equal Weight Index. It was launched on Apr 30, 2003. Both SZNE and RSP 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: SZNE or RSP.
Performance
SZNE vs. RSP - Performance Comparison
Loading data...
Key characteristics
SZNE:
-0.28
RSP:
0.55
SZNE:
-0.43
RSP:
0.84
SZNE:
0.94
RSP:
1.12
SZNE:
-0.33
RSP:
0.50
SZNE:
-1.05
RSP:
1.79
SZNE:
7.17%
RSP:
4.93%
SZNE:
19.93%
RSP:
17.50%
SZNE:
-39.79%
RSP:
-59.92%
SZNE:
-12.44%
RSP:
-5.18%
Returns By Period
In the year-to-date period, SZNE achieves a -6.20% return, which is significantly lower than RSP's 1.17% return.
SZNE
-6.20%
0.14%
-12.11%
-5.60%
0.87%
6.59%
N/A
RSP
1.17%
4.45%
-5.18%
8.17%
7.66%
13.72%
9.80%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SZNE vs. RSP - Expense Ratio Comparison
SZNE has a 0.60% expense ratio, which is higher than RSP's 0.20% expense ratio.
Risk-Adjusted Performance
SZNE vs. RSP — Risk-Adjusted Performance Rank
SZNE
RSP
SZNE vs. RSP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF (SZNE) and Invesco S&P 500® Equal Weight ETF (RSP). 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
SZNE vs. RSP - Dividend Comparison
SZNE's dividend yield for the trailing twelve months is around 1.24%, less than RSP's 1.59% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF | 1.24% | 1.21% | 1.21% | 1.11% | 0.79% | 1.37% | 0.90% | 0.69% | 0.00% | 0.00% | 0.00% | 0.00% |
RSP Invesco S&P 500® Equal Weight ETF | 1.59% | 1.52% | 1.63% | 1.82% | 1.28% | 1.64% | 1.69% | 2.02% | 1.52% | 1.20% | 1.70% | 1.46% |
Drawdowns
SZNE vs. RSP - Drawdown Comparison
The maximum SZNE drawdown since its inception was -39.79%, smaller than the maximum RSP drawdown of -59.92%. Use the drawdown chart below to compare losses from any high point for SZNE and RSP.
Loading data...
Volatility
SZNE vs. RSP - Volatility Comparison
Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF (SZNE) and Invesco S&P 500® Equal Weight ETF (RSP) have volatilities of 4.92% and 4.91%, 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.
Loading data...