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 7 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% | 623.54M | Oct 2013 | RSPM vs FMAT | |
| Vanguard Materials ETF | 0.09% | 4.50B | Jan 2004 | RSPM vs VAW | |
| Materials Select Sector SPDR ETF | 0.13% | 8.47B | Dec 1998 | RSPM vs XLB | |
| Invesco S&P SmallCap Materials ETF | 0.29% | 20.22M | Apr 2010 | RSPM vs PSCM | |
| SPDR S&P Metals & Mining ETF | 0.35% | 3.89B | Jun 2006 | RSPM vs XME |
Best Risk-Adjusted Alternatives to RSPM
RSPM has a PortfoliosLab risk / return rank of 49. There are 7 ETFs in the Materials category with higher risk-adjusted ranks, going as high as 87.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Vectors Steel ETF | 87 | 168.64M | Oct 2006 | RSPM vs SLX | |
| iShares MSCI Global Metals & Mining Producers ETF | 77 | 2.17B | Jan 2012 | RSPM vs PICK | |
| First Trust Materials AlphaDEX Fund | 70 | 368.16M | May 2007 | RSPM vs FXZ | |
| Invesco S&P SmallCap Materials ETF | 61 | 20.22M | Apr 2010 | RSPM vs PSCM | |
| iShares U.S. Basic Materials ETF | 55 | 1.16B | Jun 2000 | RSPM vs IYM |
Top Performing RSPM Alternatives (YTD)
RSPM is at 15.29% YTD. There are 3 ETFs in the Materials category with higher YTD returns, going as high as 24.30%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Vectors Steel ETF | 24.30% | 168.64M | Oct 2006 | RSPM vs SLX | |
| First Trust Materials AlphaDEX Fund | 18.92% | 368.16M | May 2007 | RSPM vs FXZ | |
| iShares MSCI Global Metals & Mining Producers ETF | 16.18% | 2.17B | Jan 2012 | RSPM vs PICK | |
| WEBs Materials XLB Defined Volatility ETF | 15.12% | — | Jul 2025 | RSPM vs DVXB | |
| Invesco S&P SmallCap Materials ETF | 15.02% | 20.22M | Apr 2010 | RSPM vs PSCM |
Lowest Volatility Alternatives to RSPM
RSPM has 18.80% 1-year volatility. There are 5 ETFs in the Materials category with lower 1-year volatility, going as low as 13.82%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Materials Select Sector SPDR Premium ... | 13.82% | 7.92M | Jul 2025 | RSPM vs XLBI | |
| Materials Select Sector SPDR ETF | 17.72% | 8.47B | Dec 1998 | RSPM vs XLB | |
| iShares Global Timber & Forestry ETF | 18.65% | 266.77M | Jun 2008 | RSPM vs WOOD | |
| Fidelity MSCI Materials Index ETF | 18.65% | 623.54M | Oct 2013 | RSPM vs FMAT | |
| Vanguard Materials ETF | 18.68% | 4.50B | Jan 2004 | RSPM vs VAW |
Lowest Drawdown Alternatives to RSPM
RSPM has a 1-year max drawdown of -12.32%. There is 1 ETF in the Materials category with a shallower 1-year drawdown, going as shallow as -10.62%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Materials Select Sector SPDR Premium ... | -10.62% | 7.92M | Jul 2025 | RSPM vs XLBI | |
| Materials Select Sector SPDR ETF | -12.38% | 8.47B | Dec 1998 | RSPM vs XLB | |
| First Trust Materials AlphaDEX Fund | -12.75% | 368.16M | May 2007 | RSPM vs FXZ | |
| Vanguard Materials ETF | -13.42% | 4.50B | Jan 2004 | RSPM vs VAW | |
| Fidelity MSCI Materials Index ETF | -13.48% | 623.54M | Oct 2013 | RSPM vs FMAT |
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 $453B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 49 | 12.26% | 452.80B | Mar 1999 | RSPM vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 46 | 21.07% | 21.05B | Oct 2015 | RSPM vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 49 | 12.29% | 97.11B | Oct 2020 | RSPM vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 73 | 13.16% | 96.96B | Apr 2003 | RSPM vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 88 | 59.97% | 2.58B | Jun 2021 | RSPM vs SOXQ | |
| Invesco S&P 500 Quality ETF | Quality Factor, S&P 500, Large Cap Blend Equities | 62 | 13.51% | 19.45B | Dec 2005 | RSPM vs SPHQ | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 35 | 2.89% | 10.56B | May 2005 | RSPM vs XLG | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Low Volatility | 53 | 12.28% | 4.04B | Oct 2012 | RSPM vs SPHD | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 39 | 11.79% | 7.18B | Mar 2005 | RSPM vs XMMO | |
| Invesco S&P International Developed Momentum ETF | Momentum, Foreign Large Cap Equities | 55 | 10.66% | 4.08B | Feb 2012 | RSPM vs IDMO |
Often Compared With RSPM
Investors most often compare RSPM with VTV, VOO, RSPR. 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