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RDIV vs. RSP
Performance
Return for Risk
Drawdowns
Volatility
Dividends

RDIV vs. RSP

Last updated Jun 24, 2026

RDIV (Invesco S&P Ultra Dividend Revenue ETF) and RSP (Invesco S&P 500 Equal Weight ETF) are both exchange-traded funds - RDIV is a Mid Cap Value Equities fund tracking the S&P 900 Dividend Revenue-Weighted Index, while RSP is a S&P 500 fund tracking the S&P 500 Equal Weight Index. Both are passively managed. Over the past 10 years, RDIV returned 11.03%/yr vs 12.23%/yr for RSP. Their correlation of 0.82 suggests significant overlap in exposure. RDIV charges 0.39%/yr vs 0.20%/yr for RSP.

Performance

RDIV vs. RSP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P Ultra Dividend Revenue ETF (RDIV) and Invesco S&P 500 Equal Weight ETF (RSP). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, RDIV achieves a 13.79% return, which is significantly higher than RSP's 9.94% return. Over the past 10 years, RDIV has underperformed RSP with an annualized return of 11.03%, while RSP has yielded a comparatively higher 12.23% annualized return.

RDIV

1D
1.18%
1M
0.13%
YTD
13.79%
6M
13.59%
1Y
28.68%
3Y*
19.82%
5Y*
11.36%
10Y*
11.03%

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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

RDIV vs. RSP - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
RDIV
Invesco S&P Ultra Dividend Revenue ETF		13.79%12.36%15.17%4.66%7.16%29.12%-9.31%22.62%-4.78%11.63%
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 RDIV and RSP is 0.69, 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

0.69

Correlation (3Y)
Calculated over the trailing 3-year period

0.81

Correlation (5Y)
Calculated over the trailing 5-year period

0.83

Correlation (10Y)
Calculated over the trailing 10-year period

0.84

Correlation (All Time)
Calculated using the full available price history since Oct 1, 2013

0.82

The correlation between RDIV and RSP shifts across timeframes, from 0.69 (1 year) to 0.84 (10 years), reflecting how their relationship changes across market environments.

RDIV vs. RSP - Sectors Allocation Comparison

Sectors
RDIV
RSP

Financial Services

17.8%
13.9%

Energy

17.3%
4.0%

Consumer Cyclical

15.0%
10.0%

Consumer Defensive

14.6%
6.4%

Communication Services

8.8%
3.9%

Real Estate

7.3%
6.1%

Healthcare

6.8%
11.1%

Technology

6.2%
20.9%

Utilities

6.2%
5.7%

Basic Materials

0.5%
3.9%

Industrials

-

14.2%

Financial Services

RDIV
17.8%
RSP
13.9%

Energy

RDIV
17.3%
RSP
4.0%

Consumer Cyclical

RDIV
15.0%
RSP
10.0%

Consumer Defensive

RDIV
14.6%
RSP
6.4%

Communication Services

RDIV
8.8%
RSP
3.9%

Real Estate

RDIV
7.3%
RSP
6.1%

Healthcare

RDIV
6.8%
RSP
11.1%

Technology

RDIV
6.2%
RSP
20.9%

Utilities

RDIV
6.2%
RSP
5.7%

Basic Materials

RDIV
0.5%
RSP
3.9%

Industrials

RDIV

-

RSP
14.2%

Compare stocks, funds, or ETFs

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Invesco S&P Ultra Dividend Revenue ETF

Invesco S&P 500 Equal Weight ETF

Often compared with RDIV:
RDIV vs. SCHDRDIV vs. VOORDIV vs. AFKRDIV vs. VYMRDIV vs. BKERDIV vs. SPYRDIV vs. EQQQ.DE
Often compared with RSP:
RSP vs. SPYRSP vs. VOORSP vs. VTIRSP vs. FXAIXRSP vs. IVVRSP vs. EUSARSP vs. GSEW

Return for Risk

RDIV vs. RSP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
RDIV
RDIV Risk / Return Rank: 7878
Overall Rank
RDIV Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
RDIV Sortino Ratio Rank: 7575
Sortino Ratio Rank
RDIV Omega Ratio Rank: 6666
Omega Ratio Rank
RDIV Calmar Ratio Rank: 9292
Calmar Ratio Rank
RDIV Martin Ratio Rank: 8585
Martin Ratio Rank
RSP
RSP Risk / Return Rank: 4949
Overall Rank
RSP Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
RSP Sortino Ratio Rank: 4949
Sortino Ratio Rank
RSP Omega Ratio Rank: 4545
Omega Ratio Rank
RSP Calmar Ratio Rank: 5151
Calmar Ratio Rank
RSP Martin Ratio Rank: 5454
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RDIV vs. RSP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P Ultra Dividend Revenue ETF (RDIV) 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.

RDIVRSPDifference
Sharpe ratioReturn per unit of total volatility
2.15
1.62

+0.53

Sortino ratioReturn per unit of downside risk
3.15
2.34

+0.81

Omega ratioGain probability vs. loss probability

1.37

1.28

+0.09

Calmar ratioReturn relative to maximum drawdown

5.95

2.43

+3.52

Martin ratioReturn relative to average drawdown

17.00

9.17

+7.83

RDIV vs. RSP - Sharpe Ratio Comparison

The current RDIV Sharpe Ratio is 2.15, which is higher than the RSP Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of RDIV and RSP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

RDIV vs. RSP - Drawdown Comparison

The maximum RDIV drawdown since its inception was -49.97%, smaller than the maximum RSP drawdown of -59.92%. Use the drawdown chart below to compare losses from any high point for RDIV and RSP.

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Drawdown Indicators

RDIVRSPDifference

Max Drawdown

Largest peak-to-trough decline

-49.97%

-59.92%

+9.95%

Max Drawdown (1Y)

Largest decline over 1 year

-4.84%

-7.85%

+3.01%

Max Drawdown (3Y)

Largest decline over 3 years

-17.91%

-17.81%

-0.10%

Max Drawdown (5Y)

Largest decline over 5 years

-24.89%

-21.38%

-3.51%

Max Drawdown (10Y)

Largest decline over 10 years

-49.97%

-39.04%

-10.93%

Current Drawdown

Current decline from peak

-2.54%

-1.49%

-1.05%

Average Drawdown

Average peak-to-trough decline

-5.84%

-6.64%

+0.80%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.69%

2.07%

-0.38%

Volatility

RDIV vs. RSP - Volatility Comparison

Invesco S&P Ultra Dividend Revenue ETF (RDIV) has a higher volatility of 4.58% compared to Invesco S&P 500 Equal Weight ETF (RSP) at 3.63%. This indicates that RDIV'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.

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Volatility by Period

RDIVRSPDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.58%

3.63%

+0.95%

Volatility (6M)

Calculated over the trailing 6-month period

9.01%

8.68%

+0.33%

Volatility (1Y)

Calculated over the trailing 1-year period

13.41%

11.82%

+1.59%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.48%

16.20%

+1.28%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.89%

18.33%

+3.56%

RDIV vs. RSP - Expense Ratio Comparison

RDIV has a 0.39% expense ratio, which is higher than RSP's 0.20% expense ratio.

Dividends

RDIV vs. RSP - Dividend Comparison

RDIV's dividend yield for the trailing twelve months is around 3.72%, more than RSP's 1.53% yield.

PositionTTM20252024202320222021202020192018201720162015
RDIV
Invesco S&P Ultra Dividend Revenue ETF		3.72%3.94%4.08%3.93%3.44%3.31%4.93%3.84%4.32%4.26%2.20%4.49%
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

RDIV and RSP have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

RDIV has higher volatility (4.58%) compared to RSP (3.63%). In terms of maximum drawdown, RDIV dropped -49.97% vs RSP's -59.92%.

On 10-year performance, RSP leads with 12.23% vs 11.03% for RDIV. 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 11.03%. 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 0.39% for RDIV.

RDIV has the higher dividend yield at 3.72%, compared with 1.53% for RSP.

RDIV is categorized as Mid Cap Value Equities, while RSP is S&P 500. RDIV tracks S&P 900 Dividend Revenue-Weighted Index, while RSP tracks S&P 500 Equal Weight Index. Their fees differ too: 0.39% for RDIV and 0.20% for RSP.

RDIV currently has the higher Sharpe Ratio (2.15 vs 1.62), 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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