GLD vs. RSPS
GLD (SPDR Gold Shares) and RSPS (Invesco S&P 500 Equal Weight Consumer Staples ETF) are both exchange-traded funds - GLD is a Gold fund tracking the LBMA Gold Price PM, while RSPS is a Consumer Staples Equities fund tracking the S&P 500 Equal Weighted / Consumer Staples -SEC. Both are passively managed. Over the past 10 years, GLD returned 12.15%/yr vs 4.67%/yr for RSPS. At a 0.04 correlation, their price movements are largely independent. Both charge a 0.40% expense ratio.
Performance
GLD vs. RSPS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GLD achieves a -2.47% return, which is significantly lower than RSPS's 7.30% return. Over the past 10 years, GLD has outperformed RSPS with an annualized return of 12.15%, while RSPS has yielded a comparatively lower 4.67% annualized return.
GLD
- 1D
- 0.06%
- 1M
- -7.37%
- YTD
- -2.47%
- 6M
- -2.25%
- 1Y
- 22.21%
- 3Y*
- 28.89%
- 5Y*
- 17.08%
- 10Y*
- 12.15%
RSPS
- 1D
- 0.65%
- 1M
- 4.11%
- YTD
- 7.30%
- 6M
- 4.56%
- 1Y
- 6.07%
- 3Y*
- 0.13%
- 5Y*
- 1.38%
- 10Y*
- 4.67%
GLD vs. RSPS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GLD SPDR Gold Shares | -2.47% | 63.68% | 26.66% | 12.69% | -0.77% | -4.15% | 24.81% | 17.86% | -1.94% | 12.81% |
RSPS Invesco S&P 500 Equal Weight Consumer Staples ETF | 7.30% | -0.88% | -1.47% | -5.39% | 2.88% | 14.68% | 6.19% | 28.17% | -10.86% | 14.20% |
Correlation
The correlation between GLD and RSPS is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Nov 7, 2006 | 0.04 |
The correlation between GLD and RSPS shifts across timeframes, from 0.04 (all time) to 0.14 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GLD vs. RSPS — Risk / Return Rank
GLD
RSPS
GLD vs. RSPS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Gold Shares (GLD) 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.
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.
| GLD | RSPS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.52 | ||
| Sortino ratioReturn per unit of downside risk | +0.63 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.07 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 0.98 | 0.42 | +0.56 |
| Martin ratioReturn relative to average drawdown | 2.81 | 0.77 | +2.04 |
Loading charts...
Drawdowns
GLD vs. RSPS - Drawdown Comparison
The maximum GLD drawdown since its inception was -45.56%, which is greater than RSPS's maximum drawdown of -35.93%. Use the drawdown chart below to compare losses from any high point for GLD and RSPS.
Loading charts...
Drawdown Indicators
| GLD | RSPS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.56% | -35.93% | -9.63% |
Max Drawdown (1Y)Largest decline over 1 year | -24.46% | -11.72% | -12.74% |
Max Drawdown (3Y)Largest decline over 3 years | -24.46% | -16.53% | -7.93% |
Max Drawdown (5Y)Largest decline over 5 years | -24.46% | -18.61% | -5.85% |
Max Drawdown (10Y)Largest decline over 10 years | -24.46% | -25.42% | +0.96% |
Current DrawdownCurrent decline from peak | -22.05% | -6.32% | -15.73% |
Average DrawdownAverage peak-to-trough decline | -16.16% | -5.05% | -11.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.49% | 6.29% | +2.20% |
Volatility
GLD vs. RSPS - Volatility Comparison
SPDR Gold Shares (GLD) has a higher volatility of 7.79% compared to Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS) at 4.33%. This indicates that GLD's price experiences larger fluctuations and is considered to be riskier than RSPS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GLD | RSPS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.79% | 4.33% | +3.46% |
Volatility (6M)Calculated over the trailing 6-month period | 24.10% | 10.48% | +13.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.37% | 13.78% | +13.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.22% | 13.65% | +4.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.08% | 14.89% | +1.19% |
GLD vs. RSPS - Expense Ratio Comparison
Both GLD and RSPS have an expense ratio of 0.40%.
Dividends
GLD vs. RSPS - Dividend Comparison
GLD has not paid dividends to shareholders, while RSPS's dividend yield for the trailing twelve months is around 2.71%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLD SPDR Gold Shares | 0.00% | 0.00% | 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 | 2.71% | 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
GLD and RSPS have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GLD has higher volatility (7.79%) compared to RSPS (4.33%). In terms of maximum drawdown, GLD dropped -45.56% vs RSPS's -35.93%.
On 10-year performance, GLD leads with 12.15% vs 4.67% for RSPS. Both ETFs have the same 0.40% expense ratio. On volatility, RSPS has been the lower-risk option at 4.33%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, GLD has performed better with a 12.15% return vs 4.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GLD and RSPS have the same expense ratio: 0.40% per year.
RSPS has the higher dividend yield at 2.71%, compared with 0.00% for GLD.
GLD is categorized as Gold, while RSPS is Consumer Staples Equities. GLD tracks LBMA Gold Price PM, while RSPS tracks S&P 500 Equal Weighted / Consumer Staples -SEC. They also come from different issuers: State Street and Invesco.
GLD currently has the higher Sharpe Ratio (0.87 vs 0.35), 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.
Find the right allocation for GLD and RSPS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer