DIVG vs. RSPE

Last updated Jul 14, 2026

DIVG (Invesco S&P 500 High Dividend Growers ETF) and RSPE (Invesco ESG S&P 500 Equal Weight ETF) are both S&P 500 funds from Invesco - DIVG tracks the S&P 500 High Dividend Growth Index - Benchmark TR Gross while RSPE tracks the S&P 500 Equal Weight ESG Leaders Select Index. Both are passively managed. Over the past year, DIVG returned 21.28% vs 24.47% for RSPE. Their correlation of 0.83 suggests significant overlap in exposure. DIVG charges 0.39%/yr vs 0.20%/yr for RSPE.

Performance

DIVG vs. RSPE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P 500 High Dividend Growers ETF (DIVG) and Invesco ESG S&P 500 Equal Weight ETF (RSPE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with DIVG having a 16.10% return and RSPE slightly lower at 15.40%.

DIVG

• 1D: 0.56%
• 1M: 1.55%
• 6M: 14.31%
• YTD: 16.10%
• 1Y: 21.28%
• 3Y*: —
• 5Y*: —
• 10Y*: —

RSPE

• 1D: -0.12%
• 1M: 1.76%
• 6M: 11.91%
• YTD: 15.40%
• 1Y: 24.47%
• 3Y*: 15.50%
• 5Y*: —
• 10Y*: —

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

DIVG vs. RSPE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DIVG Invesco S&P 500 High Dividend Growers ETF	16.10%	11.31%	16.60%	5.71%
RSPE Invesco ESG S&P 500 Equal Weight ETF	15.40%	14.58%	10.87%	6.49%

Correlation

The correlation between DIVG and RSPE is 0.73, 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	0.73
Correlation (All Time) Calculated using the full available price history since Dec 6, 2023	0.83

The correlation between DIVG and RSPE has been stable across timeframes, ranging from 0.73 to 0.83 - a consistent structural relationship.

DIVG vs. RSPE - Sectors Allocation Comparison

Sectors	DIVG	RSPE
Financial Services	27.5%	15.0%
Consumer Defensive	14.4%	7.3%
Utilities	13.1%	2.5%
Real Estate	12.0%	6.9%
Technology	10.9%	21.6%
Energy	7.5%	-
Basic Materials	5.5%	4.5%
Healthcare	5.2%	12.9%
Industrials	4.2%	15.4%
Communication Services	3.1%	3.6%
Consumer Cyclical	2.3%	10.3%

Return for Risk

DIVG vs. RSPE — Risk / Return Rank

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

DIVG

DIVG Risk / Return Rank: 81
DIVG Sharpe Ratio Rank: 78
DIVG Sortino Ratio Rank: 82
DIVG Omega Ratio Rank: 73
DIVG Calmar Ratio Rank: 89
DIVG Martin Ratio Rank: 84

RSPE

RSPE Risk / Return Rank: 74
RSPE Sharpe Ratio Rank: 76
RSPE Sortino Ratio Rank: 77
RSPE Omega Ratio Rank: 72
RSPE Calmar Ratio Rank: 69
RSPE Martin Ratio Rank: 74

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.

DIVG vs. RSPE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 High Dividend Growers ETF (DIVG) and Invesco ESG S&P 500 Equal Weight ETF (RSPE). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DIVG	RSPE	Difference
Sharpe ratio: Return per unit of total volatility	1.97	1.93	+0.04
Sortino ratio: Return per unit of downside risk	2.90	2.75	+0.15
Omega ratio: Gain probability vs. loss probability	1.34	1.34	0.00
Calmar ratio: Return relative to maximum drawdown	4.17	2.75	+1.42
Martin ratio: Return relative to average drawdown	13.26	10.87	+2.39

DIVG vs. RSPE - Sharpe Ratio Comparison

The current DIVG Sharpe Ratio is 1.97, which is comparable to the RSPE Sharpe Ratio of 1.93. The chart below compares the historical Sharpe Ratios of DIVG and RSPE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DIVG vs. RSPE - Drawdown Comparison

The maximum DIVG drawdown since its inception was -14.95%, smaller than the maximum RSPE drawdown of -22.93%. Use the drawdown chart below to compare losses from any high point for DIVG and RSPE.

Drawdown Indicators

	DIVG	RSPE	Difference
Max Drawdown Largest peak-to-trough decline	-14.95%	-22.93%	+7.98%
Max Drawdown (1Y) Largest decline over 1 year	-5.13%	-8.95%	+3.82%
Max Drawdown (3Y) Largest decline over 3 years	—	-18.58%	—
Current Drawdown Current decline from peak	0.00%	-0.38%	+0.38%
Average Drawdown Average peak-to-trough decline	-2.22%	-5.93%	+3.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.61%	2.26%	-0.65%

Volatility

DIVG vs. RSPE - Volatility Comparison

Invesco S&P 500 High Dividend Growers ETF (DIVG) and Invesco ESG S&P 500 Equal Weight ETF (RSPE) have volatilities of 3.55% and 3.43%, 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

	DIVG	RSPE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.55%	3.43%	+0.12%
Volatility (6M) Calculated over the trailing 6-month period	7.58%	9.42%	-1.84%
Volatility (1Y) Calculated over the trailing 1-year period	10.88%	12.78%	-1.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.14%	16.67%	-3.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.14%	16.67%	-3.53%

DIVG vs. RSPE - Expense Ratio Comparison

DIVG has a 0.39% expense ratio, which is higher than RSPE's 0.20% expense ratio.

Dividends

DIVG vs. RSPE - Dividend Comparison

DIVG's dividend yield for the trailing twelve months is around 2.99%, more than RSPE's 1.46% yield.

Position	TTM	2025	2024	2023	2022	2021
DIVG Invesco S&P 500 High Dividend Growers ETF	2.99%	3.15%	4.08%	0.00%	0.00%	0.00%
RSPE Invesco ESG S&P 500 Equal Weight ETF	1.46%	1.63%	1.57%	1.91%	1.83%	0.29%

Frequently Asked Questions

Can I hold both DIVG and RSPE in my portfolio?

DIVG and RSPE have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DIVG or RSPE?

DIVG has higher volatility (3.55%) compared to RSPE (3.43%). In terms of maximum drawdown, DIVG dropped -14.95% vs RSPE's -22.93%.

Which ETF is better, DIVG or RSPE?

On 1-year performance, RSPE leads with 24.47% vs 21.28% for DIVG. On fees, RSPE is cheaper at 0.20% per year. On volatility, RSPE has been the lower-risk option at 3.43%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DIVG or RSPE?

Over the 1-year period, RSPE has performed better with a 24.47% return vs 21.28%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DIVG or RSPE?

RSPE is cheaper with a 0.20% expense ratio, compared with 0.39% for DIVG.

Which ETF pays a higher dividend yield, DIVG or RSPE?

DIVG has the higher dividend yield at 2.99%, compared with 1.46% for RSPE.

What is the main difference between DIVG and RSPE?

DIVG tracks S&P 500 High Dividend Growth Index - Benchmark TR Gross, while RSPE tracks S&P 500 Equal Weight ESG Leaders Select Index. Their fees differ too: 0.39% for DIVG and 0.20% for RSPE.

Which has better risk-adjusted returns?

DIVG currently has the higher Sharpe Ratio (1.97 vs 1.93), 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.