DJD vs. RSP

Last updated Apr 1, 2026

Compare and contrast key facts about Invesco Dow Jones Industrial Average Dividend ETF (DJD) and Invesco S&P 500 Equal Weight ETF (RSP).

DJD and RSP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DJD is a passively managed fund by Invesco that tracks the performance of the Dow Jones Industrial Average Yield Weight. It was launched on Dec 16, 2015. RSP is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weight Index. It was launched on Apr 24, 2003. Both DJD and RSP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

DJD vs. RSP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Dow Jones Industrial Average Dividend ETF (DJD) and Invesco S&P 500 Equal Weight ETF (RSP). The values are adjusted to include any dividend payments, if applicable.

DJD vs. RSP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DJD Invesco Dow Jones Industrial Average Dividend ETF	5.24%	15.83%	13.66%	9.41%	-0.73%	22.40%	0.87%	22.00%	0.03%	21.65%
RSP Invesco S&P 500 Equal Weight ETF	0.62%	11.21%	12.79%	13.70%	-11.62%	29.41%	12.66%	28.91%	-7.84%	18.52%

Returns By Period

In the year-to-date period, DJD achieves a 5.24% return, which is significantly higher than RSP's 0.62% return. Over the past 10 years, DJD has outperformed RSP with an annualized return of 12.05%, while RSP has yielded a comparatively lower 11.17% annualized return.

DJD

• 1D: 1.27%
• 1M: -4.22%
• YTD: 5.24%
• 6M: 9.64%
• 1Y: 16.22%
• 3Y*: 15.30%
• 5Y*: 10.09%
• 10Y*: 12.05%

RSP

• 1D: 2.05%
• 1M: -5.97%
• YTD: 0.62%
• 6M: 2.01%
• 1Y: 12.65%
• 3Y*: 11.72%
• 5Y*: 7.81%
• 10Y*: 11.17%

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

DJD vs. RSP - Expense Ratio Comparison

DJD has a 0.07% expense ratio, which is lower than RSP's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

RSP

Invesco S&P 500 Equal Weight ETF

DJD

Invesco Dow Jones Industrial Average Dividend ETF

Return for Risk

DJD vs. RSP — Risk / Return Rank

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

DJD

DJD Risk / Return Rank: 70
DJD Sharpe Ratio Rank: 69
DJD Sortino Ratio Rank: 71
DJD Omega Ratio Rank: 66
DJD Calmar Ratio Rank: 70
DJD Martin Ratio Rank: 73

RSP

RSP Risk / Return Rank: 47
RSP Sharpe Ratio Rank: 43
RSP Sortino Ratio Rank: 45
RSP Omega Ratio Rank: 46
RSP Calmar Ratio Rank: 47
RSP Martin Ratio Rank: 55

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.

DJD vs. RSP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Dow Jones Industrial Average Dividend ETF (DJD) and Invesco S&P 500 Equal Weight ETF (RSP). 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.

	DJD	RSP	Difference
Sharpe ratio Return per unit of total volatility	1.17	0.74	+0.43
Sortino ratio Return per unit of downside risk	1.72	1.15	+0.57
Omega ratio Gain probability vs. loss probability	1.23	1.16	+0.07
Calmar ratio Return relative to maximum drawdown	1.71	1.08	+0.63
Martin ratio Return relative to average drawdown	7.07	4.89	+2.19
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DJD vs. RSP - Sharpe Ratio Comparison

The current DJD Sharpe Ratio is 1.17, which is higher than the RSP Sharpe Ratio of 0.74. The chart below compares the historical Sharpe Ratios of DJD and RSP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DJD	RSP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.17	0.74	+0.43
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.76	0.48	+0.27
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.73	0.61	+0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.72	0.55	+0.17

Correlation

The correlation between DJD and RSP is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

DJD vs. RSP - Dividend Comparison

DJD's dividend yield for the trailing twelve months is around 2.55%, more than RSP's 1.62% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DJD Invesco Dow Jones Industrial Average Dividend ETF	2.55%	2.62%	3.00%	3.49%	3.16%	2.82%	3.47%	2.80%	2.66%	2.75%	2.46%	0.08%
RSP Invesco S&P 500 Equal Weight ETF	1.62%	1.64%	1.52%	1.64%	1.82%	1.28%	1.64%	1.69%	2.02%	1.52%	1.20%	1.70%

Drawdowns

DJD vs. RSP - Drawdown Comparison

The maximum DJD drawdown since its inception was -34.66%, smaller than the maximum RSP drawdown of -59.92%. Use the drawdown chart below to compare losses from any high point for DJD and RSP.

Drawdown Indicators

	DJD	RSP	Difference
Max Drawdown Largest peak-to-trough decline	-34.66%	-59.92%	+25.26%
Max Drawdown (1Y) Largest decline over 1 year	-9.87%	-12.54%	+2.67%
Max Drawdown (5Y) Largest decline over 5 years	-19.94%	-21.38%	+1.44%
Max Drawdown (10Y) Largest decline over 10 years	-34.66%	-39.04%	+4.38%
Current Drawdown Current decline from peak	-4.23%	-5.97%	+1.74%
Average Drawdown Average peak-to-trough decline	-3.77%	-6.69%	+2.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.46%	2.78%	-0.32%

Volatility

DJD vs. RSP - Volatility Comparison

The current volatility for Invesco Dow Jones Industrial Average Dividend ETF (DJD) is 3.41%, while Invesco S&P 500 Equal Weight ETF (RSP) has a volatility of 4.47%. This indicates that DJD experiences smaller price fluctuations and is considered to be less risky than RSP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DJD	RSP	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.41%	4.47%	-1.06%
Volatility (6M) Calculated over the trailing 6-month period	7.83%	8.83%	-1.00%
Volatility (1Y) Calculated over the trailing 1-year period	13.92%	17.17%	-3.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.39%	16.20%	-2.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.64%	18.36%	-1.72%