EUSA vs. RSPE

Last updated Aug 6, 2026

EUSA (iShares MSCI USA Equal Weighted ETF) and RSPE (Invesco ESG S&P 500 Equal Weight ETF) are both exchange-traded funds - EUSA is a Mid Cap Blend Equities fund tracking the MSCI USA Equal Weighted Index, while RSPE is a S&P 500 fund tracking the S&P 500 Equal Weight ESG Leaders Select Index. Both are passively managed. Over the past 3 years, EUSA returned 15.39%/yr vs 16.35%/yr for RSPE. Their 0.97 correlation means they have historically moved very closely together. EUSA charges 0.09%/yr vs 0.20%/yr for RSPE.

Performance

EUSA vs. RSPE - Performance Comparison

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

Returns By Period

In the year-to-date period, EUSA achieves a 14.16% return, which is significantly lower than RSPE's 17.77% return.

EUSA

• 1D: -0.33%
• 1M: 1.60%
• 6M: 11.22%
• YTD: 14.16%
• 1Y: 19.05%
• 3Y*: 15.39%
• 5Y*: 8.01%
• 10Y*: 11.70%
• ALL TIME*: 12.18%

RSPE

• 1D: -0.09%
• 1M: 1.67%
• 6M: 12.63%
• YTD: 17.77%
• 1Y: 28.01%
• 3Y*: 16.35%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 9.26%

*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)
EUSA iShares MSCI USA Equal Weighted ETF	$11.93M	$10.58M	$7.77M
RSPE Invesco ESG S&P 500 Equal Weight ETF	$343.62K	$261.03K	$305.47K

EUSA vs. RSPE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
EUSA iShares MSCI USA Equal Weighted ETF	14.16%	10.24%	14.64%	17.72%	-17.13%	-1.12%
RSPE Invesco ESG S&P 500 Equal Weight ETF	17.77%	14.58%	10.87%	13.97%	-12.21%	1.42%

Correlation

The correlation between EUSA and RSPE is 0.95, 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.	0.95
Correlation (3Y) Balances recent behavior with more history.	0.96
Correlation (All Time) Calculated using the full available price history since Nov 17, 2021	0.97

The correlation between EUSA and RSPE has been stable across timeframes, ranging from 0.95 to 0.97 - a consistent structural relationship.

EUSA vs. RSPE - Sectors Allocation Comparison

Sectors	EUSA	RSPE
Technology	19.0%	17.9%
Financial Services	15.6%	15.5%
Industrials	15.3%	17.4%
Healthcare	11.2%	13.4%
Consumer Cyclical	10.4%	11.1%
Utilities	5.8%	2.8%
Consumer Defensive	5.4%	6.8%
Real Estate	5.2%	6.8%
Basic Materials	4.8%	4.7%
Energy	3.9%	-
Communication Services	3.2%	3.6%

Return for Risk

EUSA vs. RSPE — Risk / Return Rank

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

EUSA

EUSA Risk / Return Rank: 61
EUSA Sharpe Ratio Rank: 59
EUSA Sortino Ratio Rank: 60
EUSA Omega Ratio Rank: 55
EUSA Calmar Ratio Rank: 61
EUSA Martin Ratio Rank: 70

RSPE

RSPE Risk / Return Rank: 83
RSPE Sharpe Ratio Rank: 86
RSPE Sortino Ratio Rank: 86
RSPE Omega Ratio Rank: 83
RSPE Calmar Ratio Rank: 78
RSPE Martin Ratio Rank: 83

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.

EUSA vs. RSPE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA Equal Weighted ETF (EUSA) 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.

	EUSA	RSPE	Difference
Sharpe ratio: Return per unit of total volatility	1.60	2.23	-0.63
Sortino ratio: Return per unit of downside risk	2.31	3.16	-0.84
Omega ratio: Gain probability vs. loss probability	1.28	1.39	-0.11
Calmar ratio: Return relative to maximum drawdown	2.45	3.15	-0.70
Martin ratio: Return relative to average drawdown	9.78	12.79	-3.00

EUSA vs. RSPE - Sharpe Ratio Comparison

The current EUSA Sharpe Ratio is 1.60, which is comparable to the RSPE Sharpe Ratio of 2.23. The chart below compares the historical Sharpe Ratios of EUSA 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

EUSA vs. RSPE - Drawdown Comparison

The maximum EUSA drawdown since its inception was -39.16%, which is greater than RSPE's maximum drawdown of -22.93%. Use the drawdown chart below to compare losses from any high point for EUSA and RSPE.

Drawdown Indicators

	EUSA	RSPE	Difference
Max Drawdown Largest peak-to-trough decline	-39.16%	-22.93%	-16.23%
Max Drawdown (1Y) Largest decline over 1 year	-7.82%	-8.95%	+1.13%
Max Drawdown (3Y) Largest decline over 3 years	-18.20%	-18.58%	+0.38%
Max Drawdown (5Y) Largest decline over 5 years	-25.24%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-39.16%	—	—
Current Drawdown Current decline from peak	-0.33%	-0.09%	-0.24%
Average Drawdown Average peak-to-trough decline	-4.56%	-5.86%	+1.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.95%	2.20%	-0.25%

Volatility

EUSA vs. RSPE - Volatility Comparison

iShares MSCI USA Equal Weighted ETF (EUSA) has a higher volatility of 3.34% compared to Invesco ESG S&P 500 Equal Weight ETF (RSPE) at 3.11%. This indicates that EUSA's price experiences larger fluctuations and is considered to be riskier than RSPE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EUSA	RSPE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.34%	3.11%	+0.23%
Volatility (6M) Calculated over the trailing 6-month period	9.06%	9.28%	-0.22%
Volatility (1Y) Calculated over the trailing 1-year period	11.97%	12.61%	-0.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.97%	16.60%	+0.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.28%	16.60%	+1.68%

EUSA vs. RSPE - Expense Ratio Comparison

EUSA has a 0.09% expense ratio, which is lower than RSPE'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%.

Dividends

EUSA vs. RSPE - Dividend Comparison

EUSA's dividend yield for the trailing twelve months is around 1.42%, which matches RSPE's 1.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EUSA iShares MSCI USA Equal Weighted ETF	1.42%	1.63%	1.47%	1.53%	1.73%	1.23%	1.45%	1.49%	2.01%	1.50%	1.59%	2.21%
RSPE Invesco ESG S&P 500 Equal Weight ETF	1.43%	1.63%	1.57%	1.91%	1.83%	0.29%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EUSA and RSPE in my portfolio?

With a correlation of 0.95, EUSA and RSPE 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, EUSA or RSPE?

EUSA has higher volatility (3.34%) compared to RSPE (3.11%). In terms of maximum drawdown, EUSA dropped -39.16% vs RSPE's -22.93%.

Which ETF is better, EUSA or RSPE?

On 3-year performance, RSPE leads with 16.35% vs 15.39% for EUSA. On fees, EUSA is cheaper at 0.09% per year. On volatility, RSPE has been the lower-risk option at 3.11%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EUSA or RSPE?

Over the 3-year period, RSPE has performed better with a 16.35% return vs 15.39%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EUSA or RSPE?

EUSA is cheaper with a 0.09% expense ratio, compared with 0.20% for RSPE.

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

EUSA and RSPE have nearly identical dividend yields, around 1.42%.

What is the main difference between EUSA and RSPE?

EUSA is categorized as Mid Cap Blend Equities, while RSPE is S&P 500. EUSA tracks MSCI USA Equal Weighted Index, while RSPE tracks S&P 500 Equal Weight ESG Leaders Select Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.09% for EUSA and 0.20% for RSPE.

Which has better risk-adjusted returns?

RSPE currently has the higher Sharpe Ratio (2.23 vs 1.60), 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.