VAFAX vs. RSP
Compare and contrast key facts about Invesco American Franchise Fund Class A (VAFAX) and Invesco S&P 500® Equal Weight ETF (RSP).
VAFAX is managed by Invesco. It was launched on Jun 23, 2005. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VAFAX or RSP.
Correlation
The correlation between VAFAX and RSP 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
VAFAX vs. RSP - Performance Comparison
Key characteristics
VAFAX:
1.80
RSP:
1.30
VAFAX:
2.39
RSP:
1.84
VAFAX:
1.33
RSP:
1.23
VAFAX:
0.97
RSP:
2.09
VAFAX:
9.74
RSP:
6.71
VAFAX:
3.64%
RSP:
2.22%
VAFAX:
19.64%
RSP:
11.45%
VAFAX:
-54.26%
RSP:
-59.92%
VAFAX:
-11.43%
RSP:
-5.00%
Returns By Period
In the year-to-date period, VAFAX achieves a 34.93% return, which is significantly higher than RSP's 14.32% return. Over the past 10 years, VAFAX has underperformed RSP with an annualized return of 6.09%, while RSP has yielded a comparatively higher 10.03% annualized return.
VAFAX
34.93%
-0.03%
9.61%
35.41%
6.62%
6.09%
RSP
14.32%
-3.93%
8.72%
14.90%
10.87%
10.03%
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VAFAX vs. RSP - Expense Ratio Comparison
VAFAX has a 0.95% expense ratio, which is higher than RSP's 0.20% expense ratio.
Risk-Adjusted Performance
VAFAX vs. RSP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco American Franchise Fund Class A (VAFAX) 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.
Dividends
VAFAX vs. RSP - Dividend Comparison
VAFAX has not paid dividends to shareholders, while RSP's dividend yield for the trailing twelve months is around 1.50%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VAFAX Invesco American Franchise Fund Class A | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.11% |
RSP Invesco S&P 500® Equal Weight ETF | 1.50% | 1.63% | 1.82% | 1.28% | 1.64% | 1.69% | 2.02% | 1.52% | 1.20% | 1.70% | 1.46% | 1.27% |
Drawdowns
VAFAX vs. RSP - Drawdown Comparison
The maximum VAFAX drawdown since its inception was -54.26%, smaller than the maximum RSP drawdown of -59.92%. Use the drawdown chart below to compare losses from any high point for VAFAX and RSP. For additional features, visit the drawdowns tool.
Volatility
VAFAX vs. RSP - Volatility Comparison
Invesco American Franchise Fund Class A (VAFAX) has a higher volatility of 6.43% compared to Invesco S&P 500® Equal Weight ETF (RSP) at 3.82%. This indicates that VAFAX's price experiences larger fluctuations and is considered to be riskier than RSP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.