EBI vs. RSP

Last updated Aug 2, 2026

EBI (Longview Advantage ETF) and RSP (Invesco S&P 500 Equal Weight ETF) are both exchange-traded funds - EBI is a Large Cap Blend Equities fund actively managed by Longview, while RSP is a S&P 500 fund tracking the S&P 500 Equal Weight Index. EBI is actively managed, while RSP is passively managed. Over the past year, EBI returned 30.66% vs 20.39% for RSP. Their correlation of 0.88 means they have usually moved in the same direction. EBI charges 0.24%/yr vs 0.20%/yr for RSP.

Performance

EBI vs. RSP - Performance Comparison

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

Returns By Period

In the year-to-date period, EBI achieves a 17.05% return, which is significantly higher than RSP's 13.16% return.

EBI

• 1D: 0.17%
• 1M: 1.91%
• 6M: 12.25%
• YTD: 17.05%
• 1Y: 30.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 23.88%

RSP

• 1D: -0.17%
• 1M: 0.05%
• 6M: 9.43%
• YTD: 13.16%
• 1Y: 20.39%
• 3Y*: 13.55%
• 5Y*: 8.88%
• 10Y*: 11.94%
• ALL TIME*: 11.30%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EBI Longview Advantage ETF	$1.20M	$723.92K	$449.95K
RSP Invesco S&P 500 Equal Weight ETF	$1.86B	$1.85B	$2.06B

EBI vs. RSP - Yearly Performance Comparison

	2026 (YTD)	2025
EBI Longview Advantage ETF	17.05%	15.82%
RSP Invesco S&P 500 Equal Weight ETF	13.16%	8.40%

Correlation

The correlation between EBI and RSP is 0.84, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.84
Correlation (All Time) Calculated using the full available price history since Feb 27, 2025	0.88

The correlation between EBI and RSP has been stable across timeframes, ranging from 0.84 to 0.88 - a consistent structural relationship.

Return for Risk

EBI vs. RSP — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

EBI

EBI Risk / Return Rank: 91
EBI Sharpe Ratio Rank: 91
EBI Sortino Ratio Rank: 90
EBI Omega Ratio Rank: 90
EBI Calmar Ratio Rank: 91
EBI Martin Ratio Rank: 93

RSP

RSP Risk / Return Rank: 73
RSP Sharpe Ratio Rank: 73
RSP Sortino Ratio Rank: 74
RSP Omega Ratio Rank: 69
RSP Calmar Ratio Rank: 71
RSP Martin Ratio Rank: 76

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

EBI vs. RSP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Longview Advantage ETF (EBI) 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.

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.

	EBI	RSP	Difference
Sharpe ratio: Return per unit of total volatility	2.32	1.63	+0.69
Sortino ratio: Return per unit of downside risk	3.20	2.38	+0.83
Omega ratio: Gain probability vs. loss probability	1.42	1.29	+0.13
Calmar ratio: Return relative to maximum drawdown	4.05	2.43	+1.62
Martin ratio: Return relative to average drawdown	16.62	9.43	+7.19

EBI vs. RSP - Sharpe Ratio Comparison

The current EBI Sharpe Ratio is 2.32, which is higher than the RSP Sharpe Ratio of 1.63. The chart below compares the historical Sharpe Ratios of EBI and RSP, 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

EBI vs. RSP - Drawdown Comparison

The maximum EBI drawdown since its inception was -17.05%, smaller than the maximum RSP drawdown of -59.92%. Use the drawdown chart below to compare losses from any high point for EBI and RSP.

Drawdown Indicators

	EBI	RSP	Difference
Max Drawdown Largest peak-to-trough decline	-17.05%	-59.92%	+42.87%
Max Drawdown (1Y) Largest decline over 1 year	-7.09%	-7.85%	+0.76%
Max Drawdown (3Y) Largest decline over 3 years	—	-17.81%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.38%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-39.04%	—
Current Drawdown Current decline from peak	0.00%	-1.23%	+1.23%
Average Drawdown Average peak-to-trough decline	-1.91%	-6.61%	+4.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.73%	2.02%	-0.29%

Volatility

EBI vs. RSP - Volatility Comparison

The current volatility for Longview Advantage ETF (EBI) is 2.70%, while Invesco S&P 500 Equal Weight ETF (RSP) has a volatility of 2.88%. This indicates that EBI 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

	EBI	RSP	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.70%	2.88%	-0.18%
Volatility (6M) Calculated over the trailing 6-month period	8.98%	8.59%	+0.39%
Volatility (1Y) Calculated over the trailing 1-year period	12.38%	11.76%	+0.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.35%	16.16%	+1.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.35%	18.28%	-0.93%

EBI vs. RSP - Expense Ratio Comparison

EBI has a 0.24% expense ratio, which is higher than RSP's 0.20% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

EBI vs. RSP - Dividend Comparison

EBI's dividend yield for the trailing twelve months is around 1.10%, less than RSP's 1.49% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EBI Longview Advantage ETF	1.10%	1.05%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RSP Invesco S&P 500 Equal Weight ETF	1.49%	1.64%	1.52%	1.64%	1.82%	1.28%	1.64%	1.69%	2.02%	1.52%	1.20%	1.70%

Frequently Asked Questions

Can I hold both EBI and RSP in my portfolio?

EBI and RSP have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EBI or RSP?

RSP has higher volatility (2.88%) compared to EBI (2.70%). In terms of maximum drawdown, EBI dropped -17.05% vs RSP's -59.92%.

Which ETF is better, EBI or RSP?

On 1-year performance, EBI leads with 30.66% vs 20.39% for RSP. On fees, RSP is cheaper at 0.20% per year. On volatility, EBI has been the lower-risk option at 2.70%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EBI or RSP?

Over the 1-year period, EBI has performed better with a 30.66% return vs 20.39%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EBI or RSP?

RSP is cheaper with a 0.20% expense ratio, compared with 0.24% for EBI.

Which ETF pays a higher dividend yield, EBI or RSP?

RSP has the higher dividend yield at 1.49%, compared with 1.10% for EBI.

What is the main difference between EBI and RSP?

EBI is categorized as Large Cap Blend Equities, while RSP is S&P 500. They also come from different issuers: Longview and Invesco. Their fees differ too: 0.24% for EBI and 0.20% for RSP.

Which has better risk-adjusted returns?

EBI currently has the higher Sharpe Ratio (2.32 vs 1.63), 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.