QVMT vs. RSPT

Last updated Aug 2, 2026

QVMT (Invesco S&P S&P 500 Concentrated QVM ETF) and RSPT (Invesco S&P 500 Equal Weight Technology ETF) are both exchange-traded funds - QVMT is a S&P 500 fund tracking the S&P 500 Quality, Value & Momentum Multi-factor Index, while RSPT is a Technology Equities fund tracking the S&P 500® Information Technology Index. Both are passively managed. Over the past 10 years, QVMT returned 12.55%/yr vs 20.76%/yr for RSPT. Their 0.55 correlation means they have sometimes moved together and sometimes differently. QVMT charges 0.13%/yr vs 0.40%/yr for RSPT.

Performance

QVMT vs. RSPT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P S&P 500 Concentrated QVM ETF (QVMT) and Invesco S&P 500 Equal Weight Technology ETF (RSPT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QVMT achieves a 14.62% return, which is significantly lower than RSPT's 32.97% return. Over the past 10 years, QVMT has underperformed RSPT with an annualized return of 12.55%, while RSPT has yielded a comparatively higher 20.76% annualized return.

QVMT

• 1D: -0.50%
• 1M: -2.65%
• 6M: 11.45%
• YTD: 14.62%
• 1Y: 32.14%
• 3Y*: 17.87%
• 5Y*: 12.30%
• 10Y*: 12.55%
• ALL TIME*: 11.80%

RSPT

• 1D: 0.57%
• 1M: -1.55%
• 6M: 29.00%
• YTD: 32.97%
• 1Y: 48.80%
• 3Y*: 26.40%
• 5Y*: 15.76%
• 10Y*: 20.76%
• ALL TIME*: 14.46%

*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)
QVMT Invesco S&P S&P 500 Concentrated QVM ETF	$936.15K	$987.45K	$703.91K
RSPT Invesco S&P 500 Equal Weight Technology ETF	$35.57M	$47.88M	$43.46M

QVMT vs. RSPT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
QVMT Invesco S&P S&P 500 Concentrated QVM ETF	14.62%	19.08%	14.40%	11.71%	-5.61%	35.27%	-9.98%	28.86%	-9.51%	18.77%
RSPT Invesco S&P 500 Equal Weight Technology ETF	32.97%	22.15%	15.16%	35.18%	-24.50%	28.53%	30.21%	42.07%	-0.61%	32.98%

Correlation

The correlation between QVMT and RSPT is 0.53, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.53
Correlation (3Y) Balances recent behavior with more history.	0.49
Correlation (5Y) Shows whether the relationship held over a longer period.	0.59
Correlation (10Y) Provides a long-term view across more market conditions.	0.57
Correlation (All Time) Calculated using the full available price history since Oct 9, 2015	0.55

The correlation between QVMT and RSPT has been stable across timeframes, ranging from 0.49 to 0.59 - a consistent structural relationship.

Return for Risk

QVMT vs. RSPT — Risk / Return Rank

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

QVMT

QVMT Risk / Return Rank: 85
QVMT Sharpe Ratio Rank: 86
QVMT Sortino Ratio Rank: 85
QVMT Omega Ratio Rank: 83
QVMT Calmar Ratio Rank: 85
QVMT Martin Ratio Rank: 88

RSPT

RSPT Risk / Return Rank: 79
RSPT Sharpe Ratio Rank: 81
RSPT Sortino Ratio Rank: 75
RSPT Omega Ratio Rank: 71
RSPT Calmar Ratio Rank: 88
RSPT Martin Ratio Rank: 79

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.

QVMT vs. RSPT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P S&P 500 Concentrated QVM ETF (QVMT) and Invesco S&P 500 Equal Weight Technology ETF (RSPT). 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.

	QVMT	RSPT	Difference
Sharpe ratio: Return per unit of total volatility	2.04	1.86	+0.18
Sortino ratio: Return per unit of downside risk	2.84	2.40	+0.45
Omega ratio: Gain probability vs. loss probability	1.35	1.30	+0.06
Calmar ratio: Return relative to maximum drawdown	3.27	3.48	-0.21
Martin ratio: Return relative to average drawdown	13.45	10.14	+3.31

QVMT vs. RSPT - Sharpe Ratio Comparison

The current QVMT Sharpe Ratio is 2.04, which is comparable to the RSPT Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of QVMT and RSPT, 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

QVMT vs. RSPT - Drawdown Comparison

The maximum QVMT drawdown since its inception was -48.05%, smaller than the maximum RSPT drawdown of -58.91%. Use the drawdown chart below to compare losses from any high point for QVMT and RSPT.

Drawdown Indicators

	QVMT	RSPT	Difference
Max Drawdown Largest peak-to-trough decline	-48.05%	-58.91%	+10.86%
Max Drawdown (1Y) Largest decline over 1 year	-9.23%	-13.29%	+4.06%
Max Drawdown (3Y) Largest decline over 3 years	-14.42%	-26.62%	+12.20%
Max Drawdown (5Y) Largest decline over 5 years	-21.95%	-32.49%	+10.54%
Max Drawdown (10Y) Largest decline over 10 years	-48.05%	-33.67%	-14.38%
Current Drawdown Current decline from peak	-7.15%	-10.42%	+3.27%
Average Drawdown Average peak-to-trough decline	-6.29%	-8.89%	+2.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.25%	4.56%	-2.31%

Volatility

QVMT vs. RSPT - Volatility Comparison

The current volatility for Invesco S&P S&P 500 Concentrated QVM ETF (QVMT) is 6.32%, while Invesco S&P 500 Equal Weight Technology ETF (RSPT) has a volatility of 7.20%. This indicates that QVMT experiences smaller price fluctuations and is considered to be less risky than RSPT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QVMT	RSPT	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.32%	7.20%	-0.88%
Volatility (6M) Calculated over the trailing 6-month period	12.06%	20.62%	-8.56%
Volatility (1Y) Calculated over the trailing 1-year period	14.90%	24.95%	-10.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.52%	24.73%	-7.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.22%	24.00%	-2.78%

QVMT vs. RSPT - Expense Ratio Comparison

QVMT has a 0.13% expense ratio, which is lower than RSPT's 0.40% expense ratio.

Dividends

QVMT vs. RSPT - Dividend Comparison

QVMT's dividend yield for the trailing twelve months is around 1.90%, more than RSPT's 0.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QVMT Invesco S&P S&P 500 Concentrated QVM ETF	1.90%	2.42%	2.71%	3.05%	2.49%	2.31%	2.70%	2.23%	2.48%	2.37%	1.11%	0.54%
RSPT Invesco S&P 500 Equal Weight Technology ETF	0.27%	0.39%	0.44%	0.56%	0.71%	0.50%	1.29%	0.92%	0.98%	0.84%	1.16%	1.18%

Frequently Asked Questions

Can I hold both QVMT and RSPT in my portfolio?

QVMT and RSPT have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QVMT or RSPT?

RSPT has higher volatility (7.20%) compared to QVMT (6.32%). In terms of maximum drawdown, QVMT dropped -48.05% vs RSPT's -58.91%.

Which ETF is better, QVMT or RSPT?

On 10-year performance, RSPT leads with 20.76% vs 12.55% for QVMT. On fees, QVMT is cheaper at 0.13% per year. On volatility, QVMT has been the lower-risk option at 6.32%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QVMT or RSPT?

Over the 10-year period, RSPT has performed better with a 20.76% return vs 12.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QVMT or RSPT?

QVMT is cheaper with a 0.13% expense ratio, compared with 0.40% for RSPT.

Which ETF pays a higher dividend yield, QVMT or RSPT?

QVMT has the higher dividend yield at 1.90%, compared with 0.27% for RSPT.

What is the main difference between QVMT and RSPT?

QVMT is categorized as S&P 500, while RSPT is Technology Equities. QVMT tracks S&P 500 Quality, Value & Momentum Multi-factor Index, while RSPT tracks S&P 500® Information Technology Index. Their fees differ too: 0.13% for QVMT and 0.40% for RSPT.

Which has better risk-adjusted returns?

QVMT currently has the higher Sharpe Ratio (2.04 vs 1.86), 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.