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.
Key characteristics
| VAFAX | RSP | |
|---|---|---|
| YTD Return | 30.98% | 14.54% |
| 1Y Return | 52.95% | 34.70% |
| 3Y Return (Ann) | 6.90% | 6.02% |
| 5Y Return (Ann) | 16.83% | 12.29% |
| 10Y Return (Ann) | 13.16% | 10.51% |
| Sharpe Ratio | 2.98 | 3.04 |
| Sortino Ratio | 3.74 | 4.25 |
| Omega Ratio | 1.52 | 1.55 |
| Calmar Ratio | 2.40 | 2.34 |
| Martin Ratio | 15.85 | 18.38 |
| Ulcer Index | 3.50% | 1.95% |
| Daily Std Dev | 18.63% | 11.76% |
| Max Drawdown | -51.03% | -59.92% |
| Current Drawdown | -0.03% | -1.81% |
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
In the year-to-date period, VAFAX achieves a 30.98% return, which is significantly higher than RSP's 14.54% return. Over the past 10 years, VAFAX has outperformed RSP with an annualized return of 13.16%, while RSP has yielded a comparatively lower 10.51% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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.
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 1.48%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VAFAX Invesco American Franchise Fund Class A | 0.00% | 0.00% | 8.32% | 26.50% | 8.78% | 6.85% | 10.42% | 5.37% | 4.08% | 0.00% | 9.63% | 4.14% |
RSP Invesco S&P 500® Equal Weight ETF | 1.48% | 1.64% | 1.82% | 1.28% | 1.64% | 1.69% | 2.02% | 1.52% | 1.20% | 1.70% | 1.45% | 1.27% |
Drawdowns
VAFAX vs. RSP - Drawdown Comparison
The maximum VAFAX drawdown since its inception was -51.03%, 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 3.71% compared to Invesco S&P 500® Equal Weight ETF (RSP) at 2.58%. 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.