VOOV vs. RPV
Compare and contrast key facts about Vanguard S&P 500 Value ETF (VOOV) and Invesco S&P 500® Pure Value ETF (RPV).
VOOV and RPV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VOOV is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Value Index. It was launched on Sep 7, 2010. RPV is a passively managed fund by Invesco that tracks the performance of the S&P 500/Citigroup Pure Value Index. It was launched on Mar 1, 2006. Both VOOV and RPV 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: VOOV or RPV.
Performance
VOOV vs. RPV - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with VOOV having a 17.19% return and RPV slightly lower at 16.87%. Over the past 10 years, VOOV has outperformed RPV with an annualized return of 10.42%, while RPV has yielded a comparatively lower 7.90% annualized return.
VOOV
17.19%
-0.13%
9.17%
25.83%
12.29%
10.42%
RPV
16.87%
4.11%
10.52%
29.45%
9.53%
7.90%
Key characteristics
| VOOV | RPV | |
|---|---|---|
| Sharpe Ratio | 2.61 | 2.07 |
| Sortino Ratio | 3.68 | 2.95 |
| Omega Ratio | 1.47 | 1.36 |
| Calmar Ratio | 4.92 | 2.01 |
| Martin Ratio | 15.76 | 10.22 |
| Ulcer Index | 1.66% | 3.00% |
| Daily Std Dev | 10.08% | 14.84% |
| Max Drawdown | -37.31% | -75.32% |
| Current Drawdown | -1.06% | -0.46% |
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VOOV vs. RPV - Expense Ratio Comparison
VOOV has a 0.10% expense ratio, which is lower than RPV's 0.35% expense ratio.
Correlation
The correlation between VOOV and RPV is 0.91, 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
VOOV vs. RPV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P 500 Value ETF (VOOV) and Invesco S&P 500® Pure Value ETF (RPV). 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
VOOV vs. RPV - Dividend Comparison
VOOV's dividend yield for the trailing twelve months is around 1.92%, less than RPV's 2.06% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VOOV Vanguard S&P 500 Value ETF | 1.92% | 1.69% | 2.19% | 1.87% | 2.45% | 2.10% | 2.65% | 2.13% | 2.24% | 2.36% | 1.98% | 1.97% |
RPV Invesco S&P 500® Pure Value ETF | 2.06% | 2.38% | 2.29% | 1.92% | 2.11% | 2.28% | 2.49% | 1.73% | 1.73% | 2.39% | 1.57% | 1.13% |
Drawdowns
VOOV vs. RPV - Drawdown Comparison
The maximum VOOV drawdown since its inception was -37.31%, smaller than the maximum RPV drawdown of -75.32%. Use the drawdown chart below to compare losses from any high point for VOOV and RPV. For additional features, visit the drawdowns tool.
Volatility
VOOV vs. RPV - Volatility Comparison
The current volatility for Vanguard S&P 500 Value ETF (VOOV) is 3.40%, while Invesco S&P 500® Pure Value ETF (RPV) has a volatility of 5.60%. This indicates that VOOV experiences smaller price fluctuations and is considered to be less risky than RPV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.