IBAT vs. RSPS

Last updated Aug 2, 2026

IBAT (iShares Energy Storage & Materials ETF) and RSPS (Invesco S&P 500 Equal Weight Consumer Staples ETF) are both exchange-traded funds - IBAT is a Alternative Energy Equities fund tracking the STOXX Global Energy Storage and Materials, 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 year, IBAT returned 63.73% vs 5.26% for RSPS. Their 0.08 correlation means their historical movements had little consistent relationship. IBAT charges 0.47%/yr vs 0.40%/yr for RSPS.

Performance

IBAT vs. RSPS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Energy Storage & Materials ETF (IBAT) 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, IBAT achieves a 32.65% return, which is significantly higher than RSPS's 8.07% return.

IBAT

• 1D: 0.04%
• 1M: -12.41%
• 6M: 17.70%
• YTD: 32.65%
• 1Y: 63.73%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19.39%

RSPS

• 1D: -0.66%
• 1M: 0.34%
• 6M: 0.99%
• YTD: 8.07%
• 1Y: 5.26%
• 3Y*: -0.24%
• 5Y*: 2.06%
• 10Y*: 4.45%
• ALL TIME*: 8.54%

*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)
IBAT iShares Energy Storage & Materials ETF	$1.10M	$1.47M	$2.33M
RSPS Invesco S&P 500 Equal Weight Consumer Staples ETF	$3.23M	$2.80M	$2.24M

IBAT vs. RSPS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
IBAT iShares Energy Storage & Materials ETF	32.65%	32.09%	-13.29%
RSPS Invesco S&P 500 Equal Weight Consumer Staples ETF	8.07%	-0.88%	-4.99%

Correlation

The correlation between IBAT and RSPS is -0.11, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.11
Correlation (All Time) Calculated using the full available price history since Mar 21, 2024	0.08

The correlation between IBAT and RSPS shifts across timeframes, from -0.11 (1 year) to 0.08 (all time), reflecting how their relationship changes across market environments.

IBAT vs. RSPS - Sectors Allocation Comparison

Sectors	IBAT	RSPS
Industrials	44.1%	-
Basic Materials	32.2%	-
Technology	21.1%	-
Consumer Cyclical	2.2%	2.6%
Energy	1.8%	-
Utilities	0.3%	-
Communication Services	-	-
Consumer Defensive	-	97.4%
Financial Services	-	0.0%
Healthcare	-	-
Real Estate	-	-

Return for Risk

IBAT vs. RSPS — Risk / Return Rank

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

IBAT

IBAT Risk / Return Rank: 76
IBAT Sharpe Ratio Rank: 85
IBAT Sortino Ratio Rank: 76
IBAT Omega Ratio Rank: 78
IBAT Calmar Ratio Rank: 70
IBAT Martin Ratio Rank: 71

RSPS

RSPS Risk / Return Rank: 19
RSPS Sharpe Ratio Rank: 20
RSPS Sortino Ratio Rank: 19
RSPS Omega Ratio Rank: 18
RSPS Calmar Ratio Rank: 19
RSPS Martin Ratio Rank: 17

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.

IBAT vs. RSPS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Energy Storage & Materials ETF (IBAT) 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.

	IBAT	RSPS	Difference
Sharpe ratio: Return per unit of total volatility	1.98	0.38	+1.60
Sortino ratio: Return per unit of downside risk	2.45	0.64	+1.81
Omega ratio: Gain probability vs. loss probability	1.33	1.07	+0.25
Calmar ratio: Return relative to maximum drawdown	2.42	0.48	+1.94
Martin ratio: Return relative to average drawdown	8.73	0.83	+7.90

IBAT vs. RSPS - Sharpe Ratio Comparison

The current IBAT Sharpe Ratio is 1.98, which is higher than the RSPS Sharpe Ratio of 0.38. The chart below compares the historical Sharpe Ratios of IBAT and RSPS, 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

IBAT vs. RSPS - Drawdown Comparison

The maximum IBAT drawdown since its inception was -28.26%, smaller than the maximum RSPS drawdown of -35.93%. Use the drawdown chart below to compare losses from any high point for IBAT and RSPS.

Drawdown Indicators

	IBAT	RSPS	Difference
Max Drawdown Largest peak-to-trough decline	-28.26%	-35.93%	+7.67%
Max Drawdown (1Y) Largest decline over 1 year	-25.85%	-11.72%	-14.13%
Max Drawdown (3Y) Largest decline over 3 years	—	-15.52%	—
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	-20.73%	-5.65%	-15.08%
Average Drawdown Average peak-to-trough decline	-8.03%	-5.06%	-2.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.15%	6.76%	+0.39%

Volatility

IBAT vs. RSPS - Volatility Comparison

iShares Energy Storage & Materials ETF (IBAT) has a higher volatility of 12.10% compared to Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS) at 6.03%. This indicates that IBAT'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.

Volatility by Period

	IBAT	RSPS	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.10%	6.03%	+6.07%
Volatility (6M) Calculated over the trailing 6-month period	26.99%	11.84%	+15.15%
Volatility (1Y) Calculated over the trailing 1-year period	31.59%	14.87%	+16.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.08%	13.96%	+12.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.08%	15.01%	+11.07%

IBAT vs. RSPS - Expense Ratio Comparison

IBAT has a 0.47% expense ratio, which is higher than RSPS's 0.40% expense ratio.

Dividends

IBAT vs. RSPS - Dividend Comparison

IBAT's dividend yield for the trailing twelve months is around 0.80%, less than RSPS's 2.88% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IBAT iShares Energy Storage & Materials ETF	0.80%	1.15%	1.37%	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	2.88%	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 IBAT and RSPS in my portfolio?

IBAT and RSPS have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IBAT or RSPS?

IBAT has higher volatility (12.10%) compared to RSPS (6.03%). In terms of maximum drawdown, IBAT dropped -28.26% vs RSPS's -35.93%.

Which ETF is better, IBAT or RSPS?

On 1-year performance, IBAT leads with 63.73% vs 5.26% for RSPS. On fees, RSPS is cheaper at 0.40% per year. On volatility, RSPS has been the lower-risk option at 6.03%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IBAT or RSPS?

Over the 1-year period, IBAT has performed better with a 63.73% return vs 5.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IBAT or RSPS?

RSPS is cheaper with a 0.40% expense ratio, compared with 0.47% for IBAT.

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

RSPS has the higher dividend yield at 2.88%, compared with 0.80% for IBAT.

What is the main difference between IBAT and RSPS?

IBAT is categorized as Alternative Energy Equities, while RSPS is Consumer Staples Equities. IBAT tracks STOXX Global Energy Storage and Materials, while RSPS tracks S&P 500 Equal Weighted / Consumer Staples -SEC. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.47% for IBAT and 0.40% for RSPS.

Which has better risk-adjusted returns?

IBAT currently has the higher Sharpe Ratio (1.98 vs 0.38), 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.