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.
Performance
VAFAX vs. RSP - Performance Comparison
Returns By Period
In the year-to-date period, VAFAX achieves a 34.97% return, which is significantly higher than RSP's 19.00% return. Over the past 10 years, VAFAX has underperformed RSP with an annualized return of 5.06%, while RSP has yielded a comparatively higher 10.62% annualized return.
VAFAX
34.97%
4.64%
14.52%
40.45%
6.37%
5.06%
RSP
19.00%
3.69%
12.70%
28.70%
12.60%
10.62%
Key characteristics
| VAFAX | RSP | |
|---|---|---|
| Sharpe Ratio | 2.14 | 2.50 |
| Sortino Ratio | 2.81 | 3.47 |
| Omega Ratio | 1.39 | 1.44 |
| Calmar Ratio | 1.07 | 3.63 |
| Martin Ratio | 11.49 | 14.40 |
| Ulcer Index | 3.52% | 1.99% |
| Daily Std Dev | 18.91% | 11.49% |
| Max Drawdown | -54.26% | -59.92% |
| Current Drawdown | -11.41% | 0.00% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VAFAX vs. RSP - Expense Ratio Comparison
VAFAX has a 0.95% expense ratio, which is higher than RSP's 0.20% expense ratio.
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.
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 1.43%.
| 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 | 1.43% | 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 5.50% compared to Invesco S&P 500® Equal Weight ETF (RSP) at 3.68%. 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.