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GTO vs RWL

Invesco Total Return Bond ETF vs Invesco S&P 500 Revenue ETF

GTO

Invesco Total Return Bond ETF

Annual cost

0.35%

Fund size

$2.3B

RWL

Invesco S&P 500 Revenue ETF

Annual cost

0.39%

Fund size

$9.1B

Key differences

GTO is a fixed income ETF, while RWL is an equity ETF. GTO charges 0.35% a year and RWL 0.39%.

  • GTO is a fixed income fund, while RWL is an equity fund. They carry different risk/return profiles.
  • GTO follows a active selection strategy; RWL uses index tracking.
  • RWL is much larger than GTO. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, RWL has delivered higher annualized returns.
  • RWL has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

GTORWL
Annual cost (TER)0.35%0.39%
Fund size (AUM)$2.3B$9.1B
Since20162008
Dividend yield4.75%1.24%
Asset classfixed incomeequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+5.6%+27.5%
CAGR 3Y+4.7%+21.1%
CAGR 5Y+0.0%+13.1%
Sharpe 3Y0.231.33
Volatility 1Y3.43%10.11%
Max drawdown-20.75%-36.04%

Similar to GTO and RWL