XDWE.L vs. RSP
Compare and contrast key facts about Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDWE.L) and Invesco S&P 500® Equal Weight ETF (RSP).
XDWE.L and RSP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XDWE.L is a passively managed fund by Xtrackers that tracks the performance of the Russell 1000 TR USD. It was launched on Jun 10, 2014. 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 XDWE.L 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: XDWE.L or RSP.
Key characteristics
| XDWE.L | RSP | |
|---|---|---|
| YTD Return | 7.68% | 11.81% |
| 1Y Return | 12.96% | 19.53% |
| 3Y Return (Ann) | 7.68% | 6.29% |
| 5Y Return (Ann) | 10.09% | 11.78% |
| 10Y Return (Ann) | 12.29% | 10.34% |
| Sharpe Ratio | 1.23 | 1.67 |
| Daily Std Dev | 10.62% | 12.50% |
| Max Drawdown | -31.08% | -59.92% |
| Current Drawdown | -0.75% | -0.49% |
Correlation
The correlation between XDWE.L and RSP is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
XDWE.L vs. RSP - Performance Comparison
In the year-to-date period, XDWE.L achieves a 7.68% return, which is significantly lower than RSP's 11.81% return. Over the past 10 years, XDWE.L has outperformed RSP with an annualized return of 12.29%, while RSP has yielded a comparatively lower 10.34% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XDWE.L vs. RSP - Expense Ratio Comparison
Both XDWE.L and RSP have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
XDWE.L vs. RSP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDWE.L) 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
XDWE.L vs. RSP - Dividend Comparison
XDWE.L 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XDWE.L Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
XDWE.L vs. RSP - Drawdown Comparison
The maximum XDWE.L drawdown since its inception was -31.08%, smaller than the maximum RSP drawdown of -59.92%. Use the drawdown chart below to compare losses from any high point for XDWE.L and RSP. For additional features, visit the drawdowns tool.
Volatility
XDWE.L vs. RSP - Volatility Comparison
Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDWE.L) has a higher volatility of 3.59% compared to Invesco S&P 500® Equal Weight ETF (RSP) at 3.05%. This indicates that XDWE.L'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.