RSP vs. BINC
RSP (Invesco S&P 500 Equal Weight ETF) and BINC (iShares Flexible Income Active ETF) are both exchange-traded funds - RSP is a S&P 500 fund tracking the S&P 500 Equal Weight Index, while BINC is a Multisector Bonds fund actively managed by iShares. RSP is passively managed, while BINC is actively managed. Over the past 3 years, RSP returned 14.55%/yr vs 7.04%/yr for BINC. At a 0.47 correlation, their price movements are largely independent. RSP charges 0.20%/yr vs 0.40%/yr for BINC.
Performance
RSP vs. BINC - Performance Comparison
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Returns By Period
In the year-to-date period, RSP achieves a 11.61% return, which is significantly higher than BINC's 1.29% return.
RSP
- 1D
- 0.58%
- 1M
- 5.62%
- YTD
- 11.61%
- 6M
- 10.84%
- 1Y
- 22.05%
- 3Y*
- 14.55%
- 5Y*
- 8.93%
- 10Y*
- 12.18%
BINC
- 1D
- 0.15%
- 1M
- 0.92%
- YTD
- 1.29%
- 6M
- 1.78%
- 1Y
- 5.90%
- 3Y*
- 7.04%
- 5Y*
- —
- 10Y*
- —
RSP vs. BINC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
RSP Invesco S&P 500 Equal Weight ETF | 11.61% | 11.21% | 12.79% | 11.68% |
BINC iShares Flexible Income Active ETF | 1.29% | 7.57% | 5.76% | 7.12% |
Correlation
The correlation between RSP and BINC is 0.54, 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 | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since May 23, 2023 | 0.47 |
The correlation between RSP and BINC has been stable across timeframes, ranging from 0.47 to 0.54 - a consistent structural relationship.
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Return for Risk
RSP vs. BINC — Risk / Return Rank
RSP
BINC
RSP vs. BINC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Equal Weight ETF (RSP) and iShares Flexible Income Active ETF (BINC). 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.
| RSP | BINC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.70 | ||
| Sortino ratioReturn per unit of downside risk | -1.07 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.52 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 2.82 | 2.20 | +0.62 |
| Martin ratioReturn relative to average drawdown | 10.69 | 8.60 | +2.08 |
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Drawdowns
RSP vs. BINC - Drawdown Comparison
The maximum RSP drawdown since its inception was -59.92%, which is greater than BINC's maximum drawdown of -2.69%. Use the drawdown chart below to compare losses from any high point for RSP and BINC.
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Drawdown Indicators
| RSP | BINC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.92% | -2.69% | -57.23% |
Max Drawdown (1Y)Largest decline over 1 year | -7.85% | -2.69% | -5.16% |
Max Drawdown (3Y)Largest decline over 3 years | -17.81% | -2.69% | -15.12% |
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 | 0.00% | -0.10% | +0.10% |
Average DrawdownAverage peak-to-trough decline | -6.64% | -0.36% | -6.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.07% | 0.69% | +1.38% |
Volatility
RSP vs. BINC - Volatility Comparison
Invesco S&P 500 Equal Weight ETF (RSP) has a higher volatility of 3.59% compared to iShares Flexible Income Active ETF (BINC) at 0.75%. This indicates that RSP's price experiences larger fluctuations and is considered to be riskier than BINC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RSP | BINC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.59% | 0.75% | +2.84% |
Volatility (6M)Calculated over the trailing 6-month period | 8.58% | 1.87% | +6.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.79% | 2.30% | +9.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.23% | 2.99% | +13.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.37% | 2.99% | +15.38% |
RSP vs. BINC - Expense Ratio Comparison
RSP has a 0.20% expense ratio, which is lower than BINC's 0.40% expense ratio.
Dividends
RSP vs. BINC - Dividend Comparison
RSP's dividend yield for the trailing twelve months is around 1.46%, less than BINC's 5.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BINC iShares Flexible Income Active ETF | 5.84% | 5.86% | 6.14% | 3.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RSP Invesco S&P 500 Equal Weight ETF | 1.46% | 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
RSP and BINC have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RSP has higher volatility (3.59%) compared to BINC (0.75%). In terms of maximum drawdown, RSP dropped -59.92% vs BINC's -2.69%.
On 3-year performance, RSP leads with 14.55% vs 7.04% for BINC. On fees, RSP is cheaper at 0.20% per year. On volatility, BINC has been the lower-risk option at 0.75%. 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 14.55% return vs 7.04%. 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 0.40% for BINC.
BINC has the higher dividend yield at 5.84%, compared with 1.46% for RSP.
RSP is categorized as S&P 500, while BINC is Multisector Bonds. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.20% for RSP and 0.40% for BINC.
BINC currently has the higher Sharpe Ratio (2.58 vs 1.88), 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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