GTOS vs. RSP
GTOS (Invesco Short Duration Total Return Bond ETF) and RSP (Invesco S&P 500 Equal Weight ETF) are both exchange-traded funds - GTOS is a Short-Term Bond fund actively managed by Invesco, while RSP is a S&P 500 fund tracking the S&P 500 Equal Weight Index. GTOS is actively managed, while RSP is passively managed. Over the past 3 years, GTOS returned 5.60%/yr vs 14.84%/yr for RSP. At a 0.24 correlation, their price movements are largely independent. GTOS charges 0.30%/yr vs 0.20%/yr for RSP.
Performance
GTOS vs. RSP - Performance Comparison
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Returns By Period
In the year-to-date period, GTOS achieves a 0.92% return, which is significantly lower than RSP's 8.96% return.
GTOS
- 1D
- -0.08%
- 1M
- 0.02%
- YTD
- 0.92%
- 6M
- 1.45%
- 1Y
- 4.87%
- 3Y*
- 5.60%
- 5Y*
- —
- 10Y*
- —
RSP
- 1D
- -1.42%
- 1M
- 1.45%
- YTD
- 8.96%
- 6M
- 9.14%
- 1Y
- 19.28%
- 3Y*
- 14.84%
- 5Y*
- 8.18%
- 10Y*
- 11.66%
GTOS vs. RSP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
GTOS Invesco Short Duration Total Return Bond ETF | 0.92% | 6.23% | 5.35% | 5.17% | 0.01% |
RSP Invesco S&P 500 Equal Weight ETF | 8.96% | 11.21% | 12.79% | 13.70% | -1.53% |
Correlation
The correlation between GTOS and RSP is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Dec 12, 2022 | 0.24 |
The correlation between GTOS and RSP shifts across timeframes, from 0.24 (all time) to 0.38 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
GTOS vs. RSP — Risk / Return Rank
GTOS
RSP
GTOS vs. RSP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Short Duration Total Return Bond ETF (GTOS) 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.
| GTOS | RSP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.86 | ||
| Sortino ratioReturn per unit of downside risk | +3.14 | ||
| Omega ratioGain probability vs. loss probability | 1.82 | 1.29 | +0.53 |
| Calmar ratioReturn relative to maximum drawdown | 4.35 | 2.47 | +1.88 |
| Martin ratioReturn relative to average drawdown | 20.07 | 9.36 | +10.71 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GTOS | RSP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.53 | 1.66 | +1.86 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.51 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.64 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.75 | 0.56 | +2.19 |
Drawdowns
GTOS vs. RSP - Drawdown Comparison
The maximum GTOS drawdown since its inception was -1.83%, smaller than the maximum RSP drawdown of -59.92%. Use the drawdown chart below to compare losses from any high point for GTOS and RSP.
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Drawdown Indicators
| GTOS | RSP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.83% | -59.92% | +58.09% |
Max Drawdown (1Y)Largest decline over 1 year | -1.12% | -7.85% | +6.73% |
Max Drawdown (3Y)Largest decline over 3 years | -1.12% | -17.81% | +16.69% |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.38% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.04% | — |
Current DrawdownCurrent decline from peak | -0.23% | -1.42% | +1.19% |
Average DrawdownAverage peak-to-trough decline | -0.25% | -6.65% | +6.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.24% | 2.06% | -1.82% |
Volatility
GTOS vs. RSP - Volatility Comparison
The current volatility for Invesco Short Duration Total Return Bond ETF (GTOS) is 0.35%, while Invesco S&P 500 Equal Weight ETF (RSP) has a volatility of 2.92%. This indicates that GTOS 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.
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Volatility by Period
| GTOS | RSP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.35% | 2.92% | -2.57% |
Volatility (6M)Calculated over the trailing 6-month period | 1.09% | 8.42% | -7.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.39% | 11.65% | -10.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.85% | 16.19% | -14.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.85% | 18.36% | -16.51% |
GTOS vs. RSP - Expense Ratio Comparison
GTOS has a 0.30% expense ratio, which is higher than RSP's 0.20% expense ratio.
Dividends
GTOS vs. RSP - Dividend Comparison
GTOS's dividend yield for the trailing twelve months is around 4.59%, more than RSP's 1.50% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GTOS Invesco Short Duration Total Return Bond ETF | 4.59% | 4.89% | 5.50% | 5.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RSP Invesco S&P 500 Equal Weight ETF | 1.50% | 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
GTOS and RSP have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RSP has higher volatility (2.92%) compared to GTOS (0.35%). In terms of maximum drawdown, GTOS dropped -1.83% vs RSP's -59.92%.
On 3-year performance, RSP leads with 14.84% vs 5.60% for GTOS. On fees, RSP is cheaper at 0.20% per year. On volatility, GTOS has been the lower-risk option at 0.35%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, RSP has performed better with a 14.84% return vs 5.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
RSP is cheaper with a 0.20% expense ratio, compared with 0.30% for GTOS.
GTOS has the higher dividend yield at 4.59%, compared with 1.50% for RSP.
GTOS is categorized as Short-Term Bond, while RSP is S&P 500. Their fees differ too: 0.30% for GTOS and 0.20% for RSP.
GTOS currently has the higher Sharpe Ratio (3.53 vs 1.66), 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.
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