BBRE vs. RSPN

Last updated Jun 4, 2026

BBRE (JPMorgan BetaBuilders MSCI US REIT ETF) and RSPN (Invesco S&P 500® Equal Weight Industrials ETF) are both exchange-traded funds - BBRE is a REIT fund tracking the MSCI US REIT Index, while RSPN is a Industrials Equities fund tracking the S&P 500® Equal Weight Industrials Index. Both are passively managed. Over the past 5 years, BBRE returned 4.42%/yr vs 10.97%/yr for RSPN. A 0.62 correlation means they provide meaningful diversification when combined. BBRE charges 0.11%/yr vs 0.40%/yr for RSPN.

Performance

BBRE vs. RSPN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) and Invesco S&P 500® Equal Weight Industrials ETF (RSPN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BBRE achieves a 11.77% return, which is significantly higher than RSPN's 7.93% return.

BBRE

• 1D: 0.16%
• 1M: -0.16%
• YTD: 11.77%
• 6M: 10.56%
• 1Y: 14.11%
• 3Y*: 10.99%
• 5Y*: 4.42%
• 10Y*: —

RSPN

• 1D: 0.02%
• 1M: 1.63%
• YTD: 7.93%
• 6M: 8.48%
• 1Y: 17.20%
• 3Y*: 18.46%
• 5Y*: 10.97%
• 10Y*: 14.34%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BBRE vs. RSPN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
BBRE JPMorgan BetaBuilders MSCI US REIT ETF	11.77%	2.09%	8.24%	13.85%	-24.68%	42.99%	-7.55%	26.06%	-2.60%
RSPN Invesco S&P 500® Equal Weight Industrials ETF	7.93%	13.84%	17.63%	22.32%	-8.79%	26.07%	18.07%	33.17%	-12.82%

Correlation

The correlation between BBRE and RSPN is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.55
Correlation (3Y) Calculated over the trailing 3-year period	0.63
Correlation (5Y) Calculated over the trailing 5-year period	0.67
Correlation (All Time) Calculated using the full available price history since Jun 19, 2018	0.62

The correlation between BBRE and RSPN shifts across timeframes, from 0.55 (1 year) to 0.67 (5 years), reflecting how their relationship changes across market environments.

BBRE vs. RSPN - Sectors Allocation Comparison

Sectors	BBRE	RSPN
Real Estate	98.9%	-
Financial Services	0.1%	0.0%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	2.5%
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	91.8%
Technology	-	4.2%
Utilities	-	1.5%

Return for Risk

BBRE vs. RSPN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BBRE

BBRE Risk / Return Rank: 31
BBRE Sharpe Ratio Rank: 29
BBRE Sortino Ratio Rank: 27
BBRE Omega Ratio Rank: 27
BBRE Calmar Ratio Rank: 35
BBRE Martin Ratio Rank: 35

RSPN

RSPN Risk / Return Rank: 30
RSPN Sharpe Ratio Rank: 30
RSPN Sortino Ratio Rank: 31
RSPN Omega Ratio Rank: 29
RSPN Calmar Ratio Rank: 28
RSPN Martin Ratio Rank: 33

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BBRE vs. RSPN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) and Invesco S&P 500® Equal Weight Industrials ETF (RSPN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BBRE	RSPN	Difference
Sharpe ratio Return per unit of total volatility	1.06	1.13	-0.07
Sortino ratio Return per unit of downside risk	1.50	1.70	-0.20
Omega ratio Gain probability vs. loss probability	1.19	1.20	-0.01
Calmar ratio Return relative to maximum drawdown	1.76	1.40	+0.36
Martin ratio Return relative to average drawdown	5.54	4.87	+0.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BBRE vs. RSPN - Sharpe Ratio Comparison

The current BBRE Sharpe Ratio is 1.06, which is comparable to the RSPN Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of BBRE and RSPN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BBRE	RSPN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.06	1.13	-0.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.24	0.61	-0.37
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.71	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	0.53	-0.21

Drawdowns

BBRE vs. RSPN - Drawdown Comparison

The maximum BBRE drawdown since its inception was -43.61%, smaller than the maximum RSPN drawdown of -59.61%. Use the drawdown chart below to compare losses from any high point for BBRE and RSPN.

Drawdown Indicators

	BBRE	RSPN	Difference
Max Drawdown Largest peak-to-trough decline	-43.61%	-59.61%	+16.00%
Max Drawdown (1Y) Largest decline over 1 year	-8.07%	-12.36%	+4.29%
Max Drawdown (3Y) Largest decline over 3 years	-18.92%	-20.89%	+1.97%
Max Drawdown (5Y) Largest decline over 5 years	-31.15%	-21.88%	-9.27%
Max Drawdown (10Y) Largest decline over 10 years	—	-42.02%	—
Current Drawdown Current decline from peak	-3.12%	-4.40%	+1.28%
Average Drawdown Average peak-to-trough decline	-10.53%	-7.67%	-2.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.55%	3.54%	-0.99%

Volatility

BBRE vs. RSPN - Volatility Comparison

JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) and Invesco S&P 500® Equal Weight Industrials ETF (RSPN) have volatilities of 3.99% and 4.13%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBRE	RSPN	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.99%	4.13%	-0.14%
Volatility (6M) Calculated over the trailing 6-month period	9.47%	12.15%	-2.68%
Volatility (1Y) Calculated over the trailing 1-year period	13.39%	15.36%	-1.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.77%	18.18%	+0.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.56%	20.36%	+2.20%

BBRE vs. RSPN - Expense Ratio Comparison

BBRE has a 0.11% expense ratio, which is lower than RSPN's 0.40% expense ratio.

Dividends

BBRE vs. RSPN - Dividend Comparison

BBRE's dividend yield for the trailing twelve months is around 2.81%, more than RSPN's 0.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BBRE JPMorgan BetaBuilders MSCI US REIT ETF	2.81%	3.24%	3.19%	3.68%	2.62%	1.70%	3.17%	2.19%	1.96%	0.00%	0.00%	0.00%
RSPN Invesco S&P 500® Equal Weight Industrials ETF	0.81%	0.86%	0.98%	1.06%	1.09%	0.70%	0.96%	1.33%	1.49%	1.12%	1.31%	1.51%

Frequently Asked Questions

Can I hold both BBRE and RSPN in my portfolio?

BBRE and RSPN have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BBRE or RSPN?

RSPN has higher volatility (4.13%) compared to BBRE (3.99%). In terms of maximum drawdown, BBRE dropped -43.61% vs RSPN's -59.61%.

Which ETF is better, BBRE or RSPN?

On 5-year performance, RSPN leads with 10.97% vs 4.42% for BBRE. On fees, BBRE is cheaper at 0.11% per year. On volatility, BBRE has been the lower-risk option at 3.99%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BBRE or RSPN?

Over the 5-year period, RSPN has performed better with a 10.97% return vs 4.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BBRE or RSPN?

BBRE is cheaper with a 0.11% expense ratio, compared with 0.40% for RSPN.

Which ETF pays a higher dividend yield, BBRE or RSPN?

BBRE has the higher dividend yield at 2.81%, compared with 0.81% for RSPN.

What is the main difference between BBRE and RSPN?

BBRE is categorized as REIT, while RSPN is Industrials Equities. BBRE tracks MSCI US REIT Index, while RSPN tracks S&P 500® Equal Weight Industrials Index. They also come from different issuers: JPMorgan and Invesco. Their fees differ too: 0.11% for BBRE and 0.40% for RSPN.

Which has better risk-adjusted returns?

RSPN currently has the higher Sharpe Ratio (1.13 vs 1.06), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.