RWL vs CEF

Comparison between INVESCO S&P 500 REVENUE ETF (RWL, ETF) and Sprott Physical Gold and Silver Trust (CEF, ETF).

5-Year PerformanceCEF has outperformed RWL, delivering a return of +17.9% compared to +13.5%

RWL vs CEF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	RWL(ETF)	CEF(ETF)
Net Assets	$9.10B	$9.20B
Expense Ratio	0.39%	N/A
Max Drawdown	55.30%	62.40%
Sharpe Ratio	2.14	1.03
5Y Beta	0.69	0.43
P/E Ratio	25.09	N/A
Forward P/E	17.14	N/A
5Y Dividends CAGR	7.54%	14.87%
5Y EPS CAGR	13.95%	N/A
Debt to Equity	3.95%	N/A
P/S Ratio	0.88	N/A
P/B Ratio	3.15	N/A

Net Assets

RWL

$9.10B

Winner

CEF

$9.20B

Expense Ratio

RWL

0.39%

CEF

N/A

Max Drawdown

Winner

RWL

55.30%

CEF

62.40%

Sharpe Ratio

Winner

RWL

2.14

CEF

1.03

5Y Beta

RWL

0.69

Winner

CEF

0.43

P/E Ratio

RWL

25.09

CEF

N/A

Forward P/E

RWL

17.14

CEF

N/A

5Y Dividends CAGR

RWL

7.54%

Winner

CEF

14.87%

5Y EPS CAGR

RWL

13.95%

CEF

N/A

Debt to Equity

RWL

3.95%

CEF

N/A

P/S Ratio

RWL

0.88

CEF

N/A

P/B Ratio

RWL

3.15

CEF

N/A

RWL vs CEF - Historical Returns

Returns include dividend reinvestment.

Period	RWL	CEF
1 month	+4.07%	-5.97%
3 months	+11.29%	-12.34%
6 months	+12.71%	+2.41%
1 year	+28.31%	+46.93%
5 years(CAGR)	+13.53%	+17.91%
10 years(CAGR)	+14.37%	+12.84%
Max(CAGR)	+11.33%	+9.25%

Winner

RWL

+4.07%

CEF

-5.97%

Winner

RWL

+11.29%

CEF

-12.34%

Winner

RWL

+12.71%

CEF

+2.41%

RWL

+28.31%

Winner

CEF

+46.93%

5Y(CAGR)

RWL

+13.53%

Winner

CEF

+17.91%

10Y(CAGR)

Winner

RWL

+14.37%

CEF

+12.84%

Max(CAGR)

Winner

RWL

+11.33%

CEF

+9.25%

RWL vs CEF - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	RWL	CEF
2026	+12.69%	-2.43%
2025	+18.96%	+88.94%
2024	+15.91%	+24.79%
2023	+17.70%	+6.39%
2022	-6.69%	+2.17%
2021	+31.55%	-10.63%
2020	+8.40%	+31.10%
2019	+27.15%	+16.81%
2018	-8.46%	-7.38%
2017	+18.98%	+15.51%
2016	+13.58%	+11.32%
2015	-1.29%	-14.32%
2014	+14.33%	-14.41%
2013	+34.50%	-38.47%
2012	+16.05%	+3.29%
2011	-1.00%	-4.95%
2010	+15.28%	+47.63%
2009	+26.40%	+26.29%
2008	-34.19%	+1.28%
2007	N/A	+17.23%
2006	N/A	+31.89%
2005	N/A	+27.03%
2004	N/A	+3.58%
2003	N/A	+13.38%
2002	N/A	+41.46%
2001	N/A	+4.76%
2000	N/A	-17.45%
1999	N/A	-4.27%

RWL vs CEF Drawdown Comparison

The maximum drawdown for RWL was -54.83%, occurring on Mar 9, 2009. Recovery took 688 trading sessions.

The maximum drawdown for CEF was -62.29%, occurring on Dec 15, 2015. Recovery took 3313 trading sessions.

The current CEF drawdown is -23.97%.

Rank	RWL	CEF
#1	-54.83% May 15, 2008 - Feb 8, 2011	-62.29% Aug 22, 2011 - Oct 22, 2024
#2	-36.03% Feb 12, 2020 - Nov 9, 2020	-44.69% Mar 17, 2008 - Nov 25, 2009
#3	-21.38% Apr 29, 2011 - Feb 27, 2012	-35.89% Nov 3, 1999 - May 6, 2002
#4	-19.49% Sep 21, 2018 - Jul 3, 2019	-30.01% Jan 29, 2026 - Jun 10, 2026
#5	-17.50% Apr 20, 2022 - Jul 11, 2023	-25.32% Feb 4, 2003 - Jan 9, 2004
#6	-15.27% May 21, 2015 - Jul 11, 2016	-23.64% May 11, 2006 - Oct 26, 2007
#7	-14.39% Feb 19, 2025 - Jun 27, 2025	-21.75% Apr 1, 2004 - Dec 7, 2005
#8	-11.74% Jan 26, 2018 - Sep 20, 2018	-20.52% Apr 27, 2011 - Aug 18, 2011
#9	-10.32% Mar 26, 2012 - Aug 16, 2012	-19.76% May 24, 2002 - Jan 27, 2003
#10	-10.20% Feb 26, 2008 - Apr 25, 2008	-17.97% Dec 2, 2009 - Aug 27, 2010
#11	-9.19% Jul 31, 2023 - Dec 8, 2023	-12.88% Dec 31, 2010 - Feb 18, 2011
#12	-7.72% Sep 19, 2014 - Nov 5, 2014	-11.21% Oct 16, 2025 - Nov 28, 2025
#13	-6.84% Oct 18, 2012 - Dec 18, 2012	-10.73% Oct 29, 2024 - Feb 5, 2025
#14	-6.80% Jul 12, 2019 - Sep 11, 2019	-9.13% Feb 2, 2006 - Mar 2, 2006
#15	-6.75% Jan 11, 2022 - Mar 25, 2022	-8.01% Apr 19, 2006 - May 4, 2006

Correlation

Correlation between RWL and CEF is 0.68 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.68

-101

Dividend Comparison (2000 - 2026)

RWL vs CEF dividend yield comparison.

Year	RWL	CEF
2026	0.33%	0.00%
2025	1.35%	0.00%
2024	1.43%	0.00%
2023	1.60%	0.00%
2022	1.62%	0.00%
2021	1.35%	0.00%
2020	1.75%	0.00%
2019	1.87%	0.00%
2018	1.99%	0.08%
2017	1.60%	0.07%
2016	1.71%	0.09%
2015	1.97%	0.10%
2014	1.43%	0.09%
2013	1.61%	0.08%
2012	1.89%	0.00%
2011	1.85%	0.05%
2010	1.34%	0.05%
2009	1.32%	0.07%
2008	1.21%	0.09%
2007	0.00%	0.09%
2006	0.00%	0.11%
2005	0.00%	0.15%
2004	0.00%	0.18%
2003	0.00%	0.19%
2002	0.00%	0.21%
2001	0.00%	0.30%
2000	0.00%	0.31%