Invesco S&P 500® Equal Weight Materials ETF (RSPM) belongs to the Materials category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with RSPM. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RSPM
RSPM charges 0.40% annually. There are 6 ETFs in the Materials category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity MSCI Materials Index ETF | 0.08% | 615.81M | Oct 2013 | RSPM vs FMAT | |
| Vanguard Materials ETF | 0.09% | 4.50B | Jan 2004 | RSPM vs VAW | |
| Materials Select Sector SPDR ETF | 0.13% | 8.35B | Dec 1998 | RSPM vs XLB | |
| Invesco S&P SmallCap Materials ETF | 0.29% | 21.33M | Apr 2010 | RSPM vs PSCM | |
| SPDR S&P Metals & Mining ETF | 0.35% | 4.90B | Jun 2006 | RSPM vs XME |
Best Risk-Adjusted Alternatives to RSPM
RSPM has a PortfoliosLab risk / return rank of 39. There are 9 ETFs in the Materials category with higher risk-adjusted ranks, going as high as 81.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Vectors Steel ETF | 81 | 210.45M | Oct 2006 | RSPM vs SLX | |
| iShares MSCI Global Metals & Mining Producers ETF | 80 | 2.31B | Jan 2012 | RSPM vs PICK | |
| Invesco S&P SmallCap Materials ETF | 79 | 21.33M | Apr 2010 | RSPM vs PSCM | |
| First Trust Materials AlphaDEX Fund | 71 | 430.05M | May 2007 | RSPM vs FXZ | |
| Sprott Critical Materials ETF | 67 | 636.44M | Feb 2023 | RSPM vs SETM |
Top Performing RSPM Alternatives (YTD)
RSPM is at 15.80% YTD. There are 8 ETFs in the Materials category with higher YTD returns, going as high as 27.55%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Materials AlphaDEX Fund | 27.55% | 430.05M | May 2007 | RSPM vs FXZ | |
| Invesco S&P SmallCap Materials ETF | 27.23% | 21.33M | Apr 2010 | RSPM vs PSCM | |
| VanEck Vectors Steel ETF | 23.47% | 210.45M | Oct 2006 | RSPM vs SLX | |
| iShares MSCI Global Metals & Mining Producers ETF | 22.74% | 2.31B | Jan 2012 | RSPM vs PICK | |
| iShares U.S. Basic Materials ETF | 20.88% | 1.58B | Jun 2000 | RSPM vs IYM |
Lowest Volatility Alternatives to RSPM
RSPM has 18.84% 1-year volatility. There are 3 ETFs in the Materials category with lower 1-year volatility, going as low as 17.48%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Materials Select Sector SPDR ETF | 17.48% | 8.35B | Dec 1998 | RSPM vs XLB | |
| Fidelity MSCI Materials Index ETF | 18.42% | 615.81M | Oct 2013 | RSPM vs FMAT | |
| Vanguard Materials ETF | 18.44% | 4.50B | Jan 2004 | RSPM vs VAW | |
| Invesco MSCI Global Timber ETF | 18.86% | 30.78M | Nov 2007 | RSPM vs CUT | |
| iShares Global Timber & Forestry ETF | 18.88% | 250.41M | Jun 2008 | RSPM vs WOOD |
Lowest Drawdown Alternatives to RSPM
RSPM has a 1-year max drawdown of -12.32%. No ETFs in the Materials category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -12.38%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Materials Select Sector SPDR ETF | -12.38% | 8.35B | Dec 1998 | RSPM vs XLB | |
| First Trust Materials AlphaDEX Fund | -12.75% | 430.05M | May 2007 | RSPM vs FXZ | |
| Vanguard Materials ETF | -13.42% | 4.50B | Jan 2004 | RSPM vs VAW | |
| Fidelity MSCI Materials Index ETF | -13.48% | 615.81M | Oct 2013 | RSPM vs FMAT | |
| iShares U.S. Basic Materials ETF | -13.61% | 1.58B | Jun 2000 | RSPM vs IYM |
Other ETFs from Invesco
The 10 most viewed Invesco ETFs shown here include QQQ, SPMO, QQQM and span 12 categories. AUM among these funds goes as high as $493B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 72 | 20.41% | 493.17B | Mar 1999 | RSPM vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 83 | 36.08% | 21.99B | Oct 2015 | RSPM vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 72 | 20.46% | 101.29B | Oct 2020 | RSPM vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 53 | 10.32% | 92.57B | Apr 2003 | RSPM vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 96 | 106.78% | 3.22B | Jun 2021 | RSPM vs SOXQ | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 47 | 3.55% | 10.60B | May 2005 | RSPM vs XLG | |
| Invesco S&P 500 Quality ETF | S&P 500, Large Cap Blend Equities | 77 | 20.05% | 21.05B | Dec 2005 | RSPM vs SPHQ | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Large Cap Value Equities | 28 | 6.47% | 3.27B | Oct 2012 | RSPM vs SPHD | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 74 | 25.95% | 8.18B | Mar 2005 | RSPM vs XMMO | |
| Invesco Aerospace & Defense ETF | Aerospace & Defense, Industrials Equities | 40 | 10.34% | 8.26B | Oct 2005 | RSPM vs PPA |
Often Compared With RSPM
Investors most often compare RSPM with VTV, VOO, SPY. These 20 comparison targets span 15 categories, based on PortfoliosLab usage data.
Compare RSPM with Any Fund or Stock
Compare RSPM with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RSPM with funds that move differently
Invesco S&P 500® Equal Weight Materials ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RSPM.
Explore RSPM Diversifiers