RSP vs. IXC

Last updated Jun 12, 2026

RSP (Invesco S&P 500 Equal Weight ETF) and IXC (iShares Global Energy ETF) are both exchange-traded funds - RSP is a S&P 500 fund tracking the S&P 500 Equal Weight Index, while IXC is a Energy Equities fund tracking the S&P Global 1200 Energy Capped Index. Both are passively managed. Over the past 10 years, RSP returned 12.01%/yr vs 9.93%/yr for IXC. A 0.64 correlation means they provide meaningful diversification when combined. RSP charges 0.20%/yr vs 0.40%/yr for IXC.

Performance

RSP vs. IXC - Performance Comparison

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

Returns By Period

In the year-to-date period, RSP achieves a 9.96% return, which is significantly lower than IXC's 28.81% return. Over the past 10 years, RSP has outperformed IXC with an annualized return of 12.01%, while IXC has yielded a comparatively lower 9.93% annualized return.

RSP

• 1D: 1.56%
• 1M: 2.91%
• YTD: 9.96%
• 6M: 8.60%
• 1Y: 19.08%
• 3Y*: 14.69%
• 5Y*: 8.40%
• 10Y*: 12.01%

IXC

• 1D: -1.12%
• 1M: -1.50%
• YTD: 28.81%
• 6M: 27.41%
• 1Y: 39.54%
• 3Y*: 17.54%
• 5Y*: 19.08%
• 10Y*: 9.93%

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

RSP vs. IXC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RSP Invesco S&P 500 Equal Weight ETF	9.96%	11.21%	12.79%	13.70%	-11.62%	29.41%	12.66%	28.91%	-7.84%	18.52%
IXC iShares Global Energy ETF	28.81%	13.98%	1.95%	3.92%	48.51%	40.88%	-31.00%	12.67%	-14.85%	5.54%

Correlation

The correlation between RSP and IXC is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.36
Correlation (5Y) Calculated over the trailing 5-year period	0.45
Correlation (10Y) Calculated over the trailing 10-year period	0.57
Correlation (All Time) Calculated using the full available price history since Apr 30, 2003	0.64

Over the past year, the correlation between RSP and IXC has dropped to 0.10 - well below their long-term average of 0.64, suggesting their price drivers have been diverging.

RSP vs. IXC - Sectors Allocation Comparison

Sectors	RSP	IXC
Technology	20.4%	-
Financial Services	14.2%	-
Industrials	14.1%	-
Healthcare	10.9%	-
Consumer Cyclical	10.1%	-
Consumer Defensive	6.4%	-
Real Estate	5.9%	-
Utilities	5.9%	-
Energy	4.2%	100.0%
Basic Materials	4.1%	-
Communication Services	3.6%	-

Return for Risk

RSP vs. IXC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RSP

RSP Risk / Return Rank: 59
RSP Sharpe Ratio Rank: 58
RSP Sortino Ratio Rank: 61
RSP Omega Ratio Rank: 55
RSP Calmar Ratio Rank: 59
RSP Martin Ratio Rank: 62

IXC

IXC Risk / Return Rank: 77
IXC Sharpe Ratio Rank: 79
IXC Sortino Ratio Rank: 74
IXC Omega Ratio Rank: 71
IXC Calmar Ratio Rank: 87
IXC Martin Ratio Rank: 76

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.

RSP vs. IXC - 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 Global Energy ETF (IXC). 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	IXC	Difference
Sharpe ratio: Return per unit of total volatility	1.62	2.11	-0.49
Sortino ratio: Return per unit of downside risk	2.36	2.73	-0.38
Omega ratio: Gain probability vs. loss probability	1.28	1.35	-0.06
Calmar ratio: Return relative to maximum drawdown	2.44	4.11	-1.67
Martin ratio: Return relative to average drawdown	9.23	11.84	-2.61

RSP vs. IXC - Sharpe Ratio Comparison

The current RSP Sharpe Ratio is 1.62, which is comparable to the IXC Sharpe Ratio of 2.11. The chart below compares the historical Sharpe Ratios of RSP and IXC, 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

RSP vs. IXC - Drawdown Comparison

The maximum RSP drawdown since its inception was -59.92%, smaller than the maximum IXC drawdown of -67.88%. Use the drawdown chart below to compare losses from any high point for RSP and IXC.

Drawdown Indicators

	RSP	IXC	Difference
Max Drawdown Largest peak-to-trough decline	-59.92%	-67.88%	+7.96%
Max Drawdown (1Y) Largest decline over 1 year	-7.85%	-9.66%	+1.81%
Max Drawdown (3Y) Largest decline over 3 years	-17.81%	-19.06%	+1.25%
Max Drawdown (5Y) Largest decline over 5 years	-21.38%	-24.93%	+3.55%
Max Drawdown (10Y) Largest decline over 10 years	-39.04%	-64.16%	+25.12%
Current Drawdown Current decline from peak	-0.51%	-7.29%	+6.78%
Average Drawdown Average peak-to-trough decline	-6.64%	-17.47%	+10.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.07%	3.35%	-1.28%

Volatility

RSP vs. IXC - Volatility Comparison

The current volatility for Invesco S&P 500 Equal Weight ETF (RSP) is 3.55%, while iShares Global Energy ETF (IXC) has a volatility of 6.43%. This indicates that RSP experiences smaller price fluctuations and is considered to be less risky than IXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSP	IXC	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.55%	6.43%	-2.88%
Volatility (6M) Calculated over the trailing 6-month period	8.65%	15.64%	-6.99%
Volatility (1Y) Calculated over the trailing 1-year period	11.81%	18.83%	-7.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.22%	23.54%	-7.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.36%	26.84%	-8.48%

RSP vs. IXC - Expense Ratio Comparison

RSP has a 0.20% expense ratio, which is lower than IXC's 0.40% expense ratio.

Dividends

RSP vs. IXC - Dividend Comparison

RSP's dividend yield for the trailing twelve months is around 1.49%, less than IXC's 2.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IXC iShares Global Energy ETF	2.86%	3.68%	4.56%	3.45%	4.76%	3.98%	4.86%	7.00%	3.51%	3.05%	2.86%	3.77%
RSP Invesco S&P 500 Equal Weight ETF	1.49%	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

Can I hold both RSP and IXC in my portfolio?

RSP and IXC have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RSP or IXC?

IXC has higher volatility (6.43%) compared to RSP (3.55%). In terms of maximum drawdown, RSP dropped -59.92% vs IXC's -67.88%.

Which ETF is better, RSP or IXC?

On 10-year performance, RSP leads with 12.01% vs 9.93% for IXC. On fees, RSP is cheaper at 0.20% per year. On volatility, RSP has been the lower-risk option at 3.55%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RSP or IXC?

Over the 10-year period, RSP has performed better with a 12.01% return vs 9.93%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RSP or IXC?

RSP is cheaper with a 0.20% expense ratio, compared with 0.40% for IXC.

Which ETF pays a higher dividend yield, RSP or IXC?

IXC has the higher dividend yield at 2.86%, compared with 1.49% for RSP.

What is the main difference between RSP and IXC?

RSP is categorized as S&P 500, while IXC is Energy Equities. RSP tracks S&P 500 Equal Weight Index, while IXC tracks S&P Global 1200 Energy Capped Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.20% for RSP and 0.40% for IXC.

Which has better risk-adjusted returns?

IXC currently has the higher Sharpe Ratio (2.11 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.