DVXP vs. RSPS

Last updated Jun 4, 2026

DVXP (WEBs Consumer Staples XLP Defined Volatility ETF) and RSPS (Invesco S&P 500 Equal Weight Consumer Staples ETF) are both Consumer Staples Equities funds - DVXP tracks the Syntax Defined Volatility XLP Index while RSPS tracks the S&P 500 Equal Weighted / Consumer Staples -SEC. Both are passively managed. Their correlation of 0.91 suggests significant overlap in exposure. DVXP charges 0.89%/yr vs 0.40%/yr for RSPS.

Performance

DVXP vs. RSPS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WEBs Consumer Staples XLP Defined Volatility ETF (DVXP) and Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DVXP achieves a 8.96% return, which is significantly higher than RSPS's 1.64% return.

DVXP

• 1D: 0.56%
• 1M: -3.05%
• YTD: 8.96%
• 6M: 7.24%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

RSPS

• 1D: -0.24%
• 1M: -0.54%
• YTD: 1.64%
• 6M: 0.96%
• 1Y: -1.56%
• 3Y*: -1.72%
• 5Y*: -0.01%
• 10Y*: 4.15%

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

DVXP vs. RSPS - Yearly Performance Comparison

	2026 (YTD)	2025
DVXP WEBs Consumer Staples XLP Defined Volatility ETF	8.96%	-10.24%
RSPS Invesco S&P 500 Equal Weight Consumer Staples ETF	1.64%	-4.90%

Correlation

The correlation between DVXP and RSPS is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	0.91

Return for Risk

DVXP vs. RSPS — Risk / Return Rank

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

RSPS

RSPS Risk / Return Rank: 7
RSPS Sharpe Ratio Rank: 7
RSPS Sortino Ratio Rank: 7
RSPS Omega Ratio Rank: 7
RSPS Calmar Ratio Rank: 7
RSPS Martin Ratio Rank: 7

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.

DVXP vs. RSPS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WEBs Consumer Staples XLP Defined Volatility ETF (DVXP) and Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	DVXP	RSPS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.12	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.00	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.28	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.12	0.57	-0.69

Drawdowns

DVXP vs. RSPS - Drawdown Comparison

The maximum DVXP drawdown since its inception was -16.36%, smaller than the maximum RSPS drawdown of -35.93%. Use the drawdown chart below to compare losses from any high point for DVXP and RSPS.

Drawdown Indicators

	DVXP	RSPS	Difference
Max Drawdown Largest peak-to-trough decline	-16.36%	-35.93%	+19.57%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.72%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-16.53%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.61%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-25.42%	—
Current Drawdown Current decline from peak	-12.38%	-11.26%	-1.12%
Average Drawdown Average peak-to-trough decline	-8.26%	-5.05%	-3.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.13%	—

Volatility

Volatility by Period

	DVXP	RSPS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.69%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.14%	—
Volatility (1Y) Calculated over the trailing 1-year period	21.03%	13.51%	+7.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.03%	13.60%	+7.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.03%	14.87%	+6.16%

DVXP vs. RSPS - Expense Ratio Comparison

DVXP has a 0.89% expense ratio, which is higher than RSPS's 0.40% expense ratio.

Dividends

DVXP vs. RSPS - Dividend Comparison

DVXP's dividend yield for the trailing twelve months is around 0.17%, less than RSPS's 2.87% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DVXP WEBs Consumer Staples XLP Defined Volatility ETF	0.17%	0.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RSPS Invesco S&P 500 Equal Weight Consumer Staples ETF	2.87%	2.82%	2.86%	2.78%	2.31%	2.07%	2.14%	2.12%	2.43%	1.90%	1.76%	1.77%

Frequently Asked Questions

Can I hold both DVXP and RSPS in my portfolio?

With a correlation of 0.91, DVXP and RSPS 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 ETF is better, DVXP or RSPS?

On fees, RSPS is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DVXP or RSPS?

RSPS is cheaper with a 0.40% expense ratio, compared with 0.89% for DVXP.

Which ETF pays a higher dividend yield, DVXP or RSPS?

RSPS has the higher dividend yield at 2.87%, compared with 0.17% for DVXP.

What is the main difference between DVXP and RSPS?

DVXP tracks Syntax Defined Volatility XLP Index, while RSPS tracks S&P 500 Equal Weighted / Consumer Staples -SEC. They also come from different issuers: WEBs and Invesco. Their fees differ too: 0.89% for DVXP and 0.40% for RSPS.