Correlation
The correlation between RSPA and DGRO is 0.80, 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.
RSPA vs. DGRO
Compare and contrast key facts about Invesco S&P 500 Equal Weight Income Advantage ETF (RSPA) and iShares Core Dividend Growth ETF (DGRO).
RSPA and DGRO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RSPA is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weight Index. It was launched on Jul 17, 2025. DGRO is a passively managed fund by iShares that tracks the performance of the Morningstar US Dividend Growth Index. It was launched on Jun 10, 2014. Both RSPA and DGRO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RSPA or DGRO.
Performance
RSPA vs. DGRO - Performance Comparison
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Key characteristics
RSPA:
16.25%
DGRO:
15.20%
RSPA:
-15.37%
DGRO:
-35.10%
RSPA:
-4.51%
DGRO:
-3.30%
Returns By Period
In the year-to-date period, RSPA achieves a 0.52% return, which is significantly lower than DGRO's 1.76% return.
RSPA
0.52%
3.37%
-4.51%
N/A
N/A
N/A
N/A
DGRO
1.76%
3.53%
-3.30%
10.31%
9.13%
13.13%
11.38%
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RSPA vs. DGRO - Expense Ratio Comparison
RSPA has a 0.29% expense ratio, which is higher than DGRO's 0.08% expense ratio.
Risk-Adjusted Performance
RSPA vs. DGRO — Risk-Adjusted Performance Rank
RSPA
DGRO
RSPA vs. DGRO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Equal Weight Income Advantage ETF (RSPA) and iShares Core Dividend Growth ETF (DGRO). 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.
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Dividends
RSPA vs. DGRO - Dividend Comparison
RSPA's dividend yield for the trailing twelve months is around 8.12%, more than DGRO's 2.23% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RSPA Invesco S&P 500 Equal Weight Income Advantage ETF | 8.12% | 4.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DGRO iShares Core Dividend Growth ETF | 2.23% | 2.26% | 2.45% | 2.34% | 1.93% | 2.30% | 2.21% | 2.44% | 2.03% | 2.27% | 2.52% | 0.97% |
Drawdowns
RSPA vs. DGRO - Drawdown Comparison
The maximum RSPA drawdown since its inception was -15.37%, smaller than the maximum DGRO drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for RSPA and DGRO.
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Volatility
RSPA vs. DGRO - Volatility Comparison
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