RSP vs. IWV
Compare and contrast key facts about Invesco S&P 500 Equal Weight ETF (RSP) and iShares Russell 3000 ETF (IWV).
RSP and IWV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RSP is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weight Index. It was launched on Apr 24, 2003. IWV is a passively managed fund by iShares that tracks the performance of the Russell 3000 Index. It was launched on May 22, 2000. Both RSP and IWV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
RSP vs. IWV - Performance Comparison
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RSP vs. IWV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RSP Invesco S&P 500 Equal Weight ETF | 0.94% | 11.21% | 12.79% | 13.70% | -11.62% | 29.41% | 12.66% | 28.91% | -7.84% | 18.52% |
IWV iShares Russell 3000 ETF | -3.33% | 16.96% | 23.49% | 25.82% | -19.28% | 25.54% | 20.55% | 30.66% | -5.43% | 20.97% |
Returns By Period
In the year-to-date period, RSP achieves a 0.94% return, which is significantly higher than IWV's -3.33% return. Over the past 10 years, RSP has underperformed IWV with an annualized return of 11.21%, while IWV has yielded a comparatively higher 13.53% annualized return.
RSP
- 1D
- 0.32%
- 1M
- -5.49%
- YTD
- 0.94%
- 6M
- 2.11%
- 1Y
- 12.90%
- 3Y*
- 11.84%
- 5Y*
- 7.88%
- 10Y*
- 11.21%
IWV
- 1D
- 0.69%
- 1M
- -4.38%
- YTD
- -3.33%
- 6M
- -1.36%
- 1Y
- 18.22%
- 3Y*
- 17.95%
- 5Y*
- 10.55%
- 10Y*
- 13.53%
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RSP vs. IWV - Expense Ratio Comparison
Both RSP and IWV have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Return for Risk
RSP vs. IWV — Risk / Return Rank
RSP
IWV
RSP vs. IWV - 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 Russell 3000 ETF (IWV). 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.
| RSP | IWV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.75 | 0.99 | -0.24 |
Sortino ratioReturn per unit of downside risk | 1.17 | 1.52 | -0.34 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.23 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.04 | 1.52 | -0.48 |
Martin ratioReturn relative to average drawdown | 4.64 | 7.19 | -2.54 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RSP | IWV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.75 | 0.99 | -0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | 0.61 | -0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | 0.74 | -0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.42 | +0.13 |
Correlation
The correlation between RSP and IWV is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
RSP vs. IWV - Dividend Comparison
RSP's dividend yield for the trailing twelve months is around 1.62%, more than IWV's 0.98% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RSP Invesco S&P 500 Equal Weight ETF | 1.62% | 1.64% | 1.52% | 1.64% | 1.82% | 1.28% | 1.64% | 1.69% | 2.02% | 1.52% | 1.20% | 1.70% |
IWV iShares Russell 3000 ETF | 0.98% | 0.96% | 1.08% | 1.30% | 1.56% | 1.04% | 1.30% | 1.69% | 1.97% | 1.58% | 1.79% | 1.99% |
Drawdowns
RSP vs. IWV - Drawdown Comparison
The maximum RSP drawdown since its inception was -59.92%, which is greater than IWV's maximum drawdown of -55.61%. Use the drawdown chart below to compare losses from any high point for RSP and IWV.
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Drawdown Indicators
| RSP | IWV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.92% | -55.61% | -4.31% |
Max Drawdown (1Y)Largest decline over 1 year | -12.54% | -12.31% | -0.23% |
Max Drawdown (5Y)Largest decline over 5 years | -21.38% | -25.11% | +3.73% |
Max Drawdown (10Y)Largest decline over 10 years | -39.04% | -35.22% | -3.82% |
Current DrawdownCurrent decline from peak | -5.66% | -5.53% | -0.13% |
Average DrawdownAverage peak-to-trough decline | -6.69% | -10.65% | +3.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.80% | 2.60% | +0.20% |
Volatility
RSP vs. IWV - Volatility Comparison
The current volatility for Invesco S&P 500 Equal Weight ETF (RSP) is 4.40%, while iShares Russell 3000 ETF (IWV) has a volatility of 5.45%. This indicates that RSP experiences smaller price fluctuations and is considered to be less risky than IWV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RSP | IWV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.40% | 5.45% | -1.05% |
Volatility (6M)Calculated over the trailing 6-month period | 8.84% | 9.70% | -0.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.16% | 18.45% | -1.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.20% | 17.24% | -1.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.36% | 18.39% | -0.03% |