DRLL vs. RSPG

Last updated Jun 4, 2026

DRLL (Strive U.S. Energy ETF) and RSPG (Invesco S&P 500 Equal Weight Energy ETF) are both Energy Equities funds - DRLL tracks the Bloomberg US Energy Select Index while RSPG tracks the S&P 500 Equal Weight Energy Plus Index. Both are passively managed. Over the past 3 years, DRLL returned 14.67%/yr vs 19.93%/yr for RSPG. With a 0.96 correlation, they move nearly in lockstep. DRLL charges 0.41%/yr vs 0.40%/yr for RSPG.

Performance

DRLL vs. RSPG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strive U.S. Energy ETF (DRLL) and Invesco S&P 500 Equal Weight Energy ETF (RSPG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DRLL achieves a 31.26% return, which is significantly lower than RSPG's 34.27% return.

DRLL

• 1D: 1.47%
• 1M: -1.82%
• YTD: 31.26%
• 6M: 27.14%
• 1Y: 43.09%
• 3Y*: 14.67%
• 5Y*: —
• 10Y*: —

RSPG

• 1D: 1.25%
• 1M: -2.65%
• YTD: 34.27%
• 6M: 28.95%
• 1Y: 47.49%
• 3Y*: 19.93%
• 5Y*: 21.10%
• 10Y*: 9.73%

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

DRLL vs. RSPG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
DRLL Strive U.S. Energy ETF	31.26%	7.74%	0.02%	-1.84%	16.56%
RSPG Invesco S&P 500 Equal Weight Energy ETF	34.27%	7.01%	6.09%	4.49%	17.21%

Correlation

The correlation between DRLL and RSPG is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.95
Correlation (All Time) Calculated using the full available price history since Aug 10, 2022	0.96

The correlation between DRLL and RSPG has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.

DRLL vs. RSPG - Sectors Allocation Comparison

Sectors	DRLL	RSPG
Energy	99.1%	100.0%
Consumer Cyclical	0.9%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Defensive	-	-
Financial Services	-	0.0%
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

DRLL vs. RSPG — Risk / Return Rank

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

DRLL

DRLL Risk / Return Rank: 55
DRLL Sharpe Ratio Rank: 57
DRLL Sortino Ratio Rank: 52
DRLL Omega Ratio Rank: 50
DRLL Calmar Ratio Rank: 63
DRLL Martin Ratio Rank: 52

RSPG

RSPG Risk / Return Rank: 64
RSPG Sharpe Ratio Rank: 65
RSPG Sortino Ratio Rank: 58
RSPG Omega Ratio Rank: 56
RSPG Calmar Ratio Rank: 77
RSPG Martin Ratio Rank: 63

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.

DRLL vs. RSPG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strive U.S. Energy ETF (DRLL) and Invesco S&P 500 Equal Weight Energy ETF (RSPG). 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.

	DRLL	RSPG	Difference
Sharpe ratio: Return per unit of total volatility	1.94	2.20	-0.26
Sortino ratio: Return per unit of downside risk	2.49	2.80	-0.30
Omega ratio: Gain probability vs. loss probability	1.32	1.35	-0.04
Calmar ratio: Return relative to maximum drawdown	3.11	3.92	-0.81
Martin ratio: Return relative to average drawdown	8.82	11.59	-2.77
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DRLL vs. RSPG - Sharpe Ratio Comparison

The current DRLL Sharpe Ratio is 1.94, which is comparable to the RSPG Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of DRLL and RSPG, 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

	DRLL	RSPG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.94	2.20	-0.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.75	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.29	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.18	+0.39

Drawdowns

DRLL vs. RSPG - Drawdown Comparison

The maximum DRLL drawdown since its inception was -23.73%, smaller than the maximum RSPG drawdown of -79.98%. Use the drawdown chart below to compare losses from any high point for DRLL and RSPG.

Drawdown Indicators

	DRLL	RSPG	Difference
Max Drawdown Largest peak-to-trough decline	-23.73%	-79.98%	+56.25%
Max Drawdown (1Y) Largest decline over 1 year	-13.93%	-12.18%	-1.75%
Max Drawdown (3Y) Largest decline over 3 years	-23.73%	-23.06%	-0.67%
Max Drawdown (5Y) Largest decline over 5 years	—	-28.44%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-73.17%	—
Current Drawdown Current decline from peak	-8.10%	-5.67%	-2.43%
Average Drawdown Average peak-to-trough decline	-8.02%	-25.47%	+17.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.90%	4.11%	+0.79%

Volatility

DRLL vs. RSPG - Volatility Comparison

Strive U.S. Energy ETF (DRLL) has a higher volatility of 9.15% compared to Invesco S&P 500 Equal Weight Energy ETF (RSPG) at 8.19%. This indicates that DRLL's price experiences larger fluctuations and is considered to be riskier than RSPG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DRLL	RSPG	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.15%	8.19%	+0.96%
Volatility (6M) Calculated over the trailing 6-month period	18.04%	16.77%	+1.27%
Volatility (1Y) Calculated over the trailing 1-year period	22.34%	21.69%	+0.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.76%	28.31%	-4.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.76%	33.57%	-9.81%

DRLL vs. RSPG - Expense Ratio Comparison

DRLL has a 0.41% expense ratio, which is higher than RSPG's 0.40% expense ratio.

Dividends

DRLL vs. RSPG - Dividend Comparison

DRLL's dividend yield for the trailing twelve months is around 2.33%, more than RSPG's 1.94% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DRLL Strive U.S. Energy ETF	2.33%	2.99%	3.00%	3.01%	1.18%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RSPG Invesco S&P 500 Equal Weight Energy ETF	1.94%	2.60%	2.43%	2.84%	3.43%	2.37%	3.15%	2.15%	2.18%	2.55%	1.14%	2.80%

Frequently Asked Questions

Can I hold both DRLL and RSPG in my portfolio?

With a correlation of 0.95, DRLL and RSPG move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, DRLL or RSPG?

DRLL has higher volatility (9.15%) compared to RSPG (8.19%). In terms of maximum drawdown, DRLL dropped -23.73% vs RSPG's -79.98%.

Which ETF is better, DRLL or RSPG?

On 3-year performance, RSPG leads with 19.93% vs 14.67% for DRLL. On fees, RSPG is cheaper at 0.40% per year. On volatility, RSPG has been the lower-risk option at 8.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DRLL or RSPG?

Over the 3-year period, RSPG has performed better with a 19.93% return vs 14.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DRLL or RSPG?

RSPG is cheaper with a 0.40% expense ratio, compared with 0.41% for DRLL.

Which ETF pays a higher dividend yield, DRLL or RSPG?

DRLL has the higher dividend yield at 2.33%, compared with 1.94% for RSPG.

What is the main difference between DRLL and RSPG?

DRLL tracks Bloomberg US Energy Select Index, while RSPG tracks S&P 500 Equal Weight Energy Plus Index. They also come from different issuers: Strive and Invesco. Their fees differ too: 0.41% for DRLL and 0.40% for RSPG.

Which has better risk-adjusted returns?

RSPG currently has the higher Sharpe Ratio (2.20 vs 1.94), 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.