PSR vs. RSP
PSR (Invesco Active U.S. Real Estate Fund) and RSP (Invesco S&P 500 Equal Weight ETF) are both exchange-traded funds - PSR is a REIT fund actively managed by Invesco, while RSP is a S&P 500 fund tracking the S&P 500 Equal Weight Index. PSR is actively managed, while RSP is passively managed. Over the past 10 years, PSR returned 5.88%/yr vs 12.23%/yr for RSP. A 0.60 correlation means they provide meaningful diversification when combined. PSR charges 0.35%/yr vs 0.20%/yr for RSP.
Performance
PSR vs. RSP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PSR achieves a 16.36% return, which is significantly higher than RSP's 9.94% return. Over the past 10 years, PSR has underperformed RSP with an annualized return of 5.88%, while RSP has yielded a comparatively higher 12.23% annualized return.
PSR
- 1D
- 1.41%
- 1M
- 1.61%
- YTD
- 16.36%
- 6M
- 16.93%
- 1Y
- 14.68%
- 3Y*
- 11.12%
- 5Y*
- 2.80%
- 10Y*
- 5.88%
RSP
- 1D
- -0.34%
- 1M
- 1.51%
- YTD
- 9.94%
- 6M
- 9.07%
- 1Y
- 18.97%
- 3Y*
- 14.87%
- 5Y*
- 8.63%
- 10Y*
- 12.23%
PSR vs. RSP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PSR Invesco Active U.S. Real Estate Fund | 16.36% | 2.63% | 1.79% | 8.34% | -25.52% | 41.71% | -6.04% | 28.76% | -4.58% | 11.95% |
RSP Invesco S&P 500 Equal Weight ETF | 9.94% | 11.21% | 12.79% | 13.70% | -11.62% | 29.41% | 12.66% | 28.91% | -7.84% | 18.52% |
Correlation
The correlation between PSR and RSP is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.72 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Nov 21, 2008 | 0.60 |
The correlation between PSR and RSP shifts across timeframes, from 0.58 (1 year) to 0.72 (5 years), 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
PSR vs. RSP — Risk / Return Rank
PSR
RSP
PSR vs. RSP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Active U.S. Real Estate Fund (PSR) 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.
| PSR | RSP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.54 | ||
| Sortino ratioReturn per unit of downside risk | -0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.28 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.77 | 2.43 | -0.66 |
| Martin ratioReturn relative to average drawdown | 5.53 | 9.17 | -3.64 |
Loading charts...
Drawdowns
PSR vs. RSP - Drawdown Comparison
The maximum PSR drawdown since its inception was -42.31%, smaller than the maximum RSP drawdown of -59.92%. Use the drawdown chart below to compare losses from any high point for PSR and RSP.
Loading charts...
Drawdown Indicators
| PSR | RSP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.31% | -59.92% | +17.61% |
Max Drawdown (1Y)Largest decline over 1 year | -8.33% | -7.85% | -0.48% |
Max Drawdown (3Y)Largest decline over 3 years | -16.58% | -17.81% | +1.23% |
Max Drawdown (5Y)Largest decline over 5 years | -34.81% | -21.38% | -13.43% |
Max Drawdown (10Y)Largest decline over 10 years | -42.31% | -39.04% | -3.27% |
Current DrawdownCurrent decline from peak | -1.92% | -1.49% | -0.43% |
Average DrawdownAverage peak-to-trough decline | -9.31% | -6.64% | -2.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.66% | 2.07% | +0.59% |
Volatility
PSR vs. RSP - Volatility Comparison
Invesco Active U.S. Real Estate Fund (PSR) has a higher volatility of 5.32% compared to Invesco S&P 500 Equal Weight ETF (RSP) at 3.63%. This indicates that PSR's price experiences larger fluctuations and is considered to be riskier than RSP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PSR | RSP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.32% | 3.63% | +1.69% |
Volatility (6M)Calculated over the trailing 6-month period | 10.46% | 8.68% | +1.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.80% | 11.82% | +1.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.58% | 16.20% | +2.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.36% | 18.33% | +2.03% |
PSR vs. RSP - Expense Ratio Comparison
PSR has a 0.35% expense ratio, which is higher than RSP's 0.20% expense ratio.
Dividends
PSR vs. RSP - Dividend Comparison
PSR's dividend yield for the trailing twelve months is around 2.54%, more than RSP's 1.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PSR Invesco Active U.S. Real Estate Fund | 2.54% | 2.56% | 3.06% | 2.93% | 2.95% | 2.12% | 3.09% | 2.55% | 2.64% | 0.14% | 3.60% | 3.20% |
RSP Invesco S&P 500 Equal Weight ETF | 1.53% | 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
PSR and RSP have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PSR has higher volatility (5.32%) compared to RSP (3.63%). In terms of maximum drawdown, PSR dropped -42.31% vs RSP's -59.92%.
On 10-year performance, RSP leads with 12.23% vs 5.88% for PSR. On fees, RSP is cheaper at 0.20% per year. On volatility, RSP has been the lower-risk option at 3.63%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, RSP has performed better with a 12.23% return vs 5.88%. 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 0.35% for PSR.
PSR has the higher dividend yield at 2.54%, compared with 1.53% for RSP.
PSR is categorized as REIT, while RSP is S&P 500. Their fees differ too: 0.35% for PSR and 0.20% for RSP.
RSP currently has the higher Sharpe Ratio (1.62 vs 1.07), 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 PSR and RSP
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