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RWK vs IG

Invesco S&P MidCap 400 Revenue ETF vs Principal Investment Grade Corporate ETF

RWK

Invesco S&P MidCap 400 Revenue ETF

Annual cost

0.39%

Fund size

$1.2B

IG

Principal Investment Grade Corporate ETF

Annual cost

0.19%

Fund size

$180M

Key differences

RWK is an equity ETF, while IG is a fixed income ETF. RWK charges 0.39% a year and IG 0.19%.

  • RWK is an equity fund, while IG is a fixed income fund. They carry different risk/return profiles.
  • RWK follows a index tracking strategy; IG uses active selection.
  • IG costs 0.20% less per year.
  • RWK is much larger than IG. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, RWK has delivered higher annualized returns.
  • RWK has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

RWKIG
Annual cost (TER)0.39%0.19%
Fund size (AUM)$1.2B$180M
Since20082018
Dividend yield1.14%5.04%
Asset classequityfixed income
Regionnorth america
Strategyindex trackingactive selection
CAGR 1Y+27.3%+5.0%
CAGR 3Y+19.3%+5.1%
CAGR 5Y+10.5%+0.1%
Sharpe 3Y0.840.26
Volatility 1Y16.68%4.68%
Max drawdown-46.20%-23.17%

Similar to RWK and IG