RSPC vs. DBE
RSPC (Invesco S&P 500 Equal Weight Communication Services ETF) and DBE (Invesco DB Energy Fund) are both exchange-traded funds - RSPC is a Communications Equities fund tracking the S&P 500 Equal Weight Communication Services Plus Index, while DBE is a Oil & Gas fund tracking the DBIQ Optimum Yield Energy Index. Both are passively managed. Over the past 5 years, RSPC returned -0.41%/yr vs 17.73%/yr for DBE. Their 0.16 correlation means their historical movements had little consistent relationship. RSPC charges 0.40%/yr vs 0.78%/yr for DBE.
Performance
RSPC vs. DBE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, RSPC achieves a -10.27% return, which is significantly lower than DBE's 78.87% return.
RSPC
- 1D
- 0.12%
- 1M
- -1.81%
- 6M
- -8.40%
- YTD
- -10.27%
- 1Y
- -2.47%
- 3Y*
- 8.82%
- 5Y*
- -0.41%
- 10Y*
- —
- ALL TIME*
- 6.11%
DBE
- 1D
- 1.13%
- 1M
- 21.13%
- 6M
- 53.89%
- YTD
- 78.87%
- 1Y
- 68.62%
- 3Y*
- 17.16%
- 5Y*
- 17.73%
- 10Y*
- 13.17%
- ALL TIME*
- 2.52%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.24M | $1.18M | $1.76M | |
| $480.30K | $640.18K | $573.12K |
RSPC vs. DBE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
RSPC Invesco S&P 500 Equal Weight Communication Services ETF | -10.27% | 18.44% | 17.98% | 17.92% | -29.00% | 14.55% | 22.14% | 21.35% | -11.38% |
DBE Invesco DB Energy Fund | 78.87% | -2.17% | 2.96% | -12.14% | 33.77% | 57.56% | -25.91% | 19.72% | -14.31% |
Correlation
The correlation between RSPC and DBE is -0.15, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.15 |
Correlation (3Y) Balances recent behavior with more history. | -0.06 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.07 |
Correlation (All Time) Calculated using the full available price history since Nov 14, 2018 | 0.16 |
The correlation between RSPC and DBE shifts across timeframes, from -0.15 (1 year) to 0.16 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
RSPC vs. DBE — Risk / Return Rank
RSPC
DBE
RSPC vs. DBE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Equal Weight Communication Services ETF (RSPC) and Invesco DB Energy Fund (DBE). 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.
| RSPC | DBE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.94 | ||
| Sortino ratioReturn per unit of downside risk | -2.53 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.29 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | -0.22 | 2.59 | -2.81 |
| Martin ratioReturn relative to average drawdown | -0.47 | 8.14 | -8.61 |
Loading charts...
Drawdowns
RSPC vs. DBE - Drawdown Comparison
The maximum RSPC drawdown since its inception was -38.03%, smaller than the maximum DBE drawdown of -86.69%. Use the drawdown chart below to compare losses from any high point for RSPC and DBE.
Loading charts...
Drawdown Indicators
| RSPC | DBE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.03% | -86.69% | +48.66% |
Max Drawdown (1Y)Largest decline over 1 year | -15.61% | -24.72% | +9.11% |
Max Drawdown (3Y)Largest decline over 3 years | -15.61% | -24.72% | +9.11% |
Max Drawdown (5Y)Largest decline over 5 years | -37.73% | -38.74% | +1.01% |
Max Drawdown (10Y)Largest decline over 10 years | — | -60.84% | — |
Current DrawdownCurrent decline from peak | -13.04% | -32.09% | +19.05% |
Average DrawdownAverage peak-to-trough decline | -12.69% | -57.13% | +44.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.14% | 8.15% | -1.01% |
Volatility
RSPC vs. DBE - Volatility Comparison
The current volatility for Invesco S&P 500 Equal Weight Communication Services ETF (RSPC) is 5.56%, while Invesco DB Energy Fund (DBE) has a volatility of 14.12%. This indicates that RSPC experiences smaller price fluctuations and is considered to be less risky than DBE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| RSPC | DBE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.56% | 14.12% | -8.56% |
Volatility (6M)Calculated over the trailing 6-month period | 11.12% | 33.95% | -22.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.65% | 37.47% | -22.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.71% | 30.09% | -11.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.71% | 28.58% | -7.87% |
RSPC vs. DBE - Expense Ratio Comparison
RSPC has a 0.40% expense ratio, which is lower than DBE's 0.78% expense ratio.
Dividends
RSPC vs. DBE - Dividend Comparison
RSPC's dividend yield for the trailing twelve months is around 1.83%, less than DBE's 2.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
DBE Invesco DB Energy Fund | 2.16% | 3.86% | 6.32% | 3.87% | 0.75% | 0.00% | 0.00% | 1.79% | 1.67% |
RSPC Invesco S&P 500 Equal Weight Communication Services ETF | 1.83% | 1.66% | 1.03% | 0.98% | 1.45% | 1.10% | 1.05% | 0.90% | 0.24% |
Frequently Asked Questions
RSPC and DBE have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DBE has higher volatility (14.12%) compared to RSPC (5.56%). In terms of maximum drawdown, RSPC dropped -38.03% vs DBE's -86.69%.
On 5-year performance, DBE leads with 17.73% vs -0.41% for RSPC. On fees, RSPC is cheaper at 0.40% per year. On volatility, RSPC has been the lower-risk option at 5.56%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, DBE has performed better with a 17.73% return vs -0.41%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
RSPC is cheaper with a 0.40% expense ratio, compared with 0.78% for DBE.
DBE has the higher dividend yield at 2.16%, compared with 1.83% for RSPC.
RSPC is categorized as Communications Equities, while DBE is Oil & Gas. RSPC tracks S&P 500 Equal Weight Communication Services Plus Index, while DBE tracks DBIQ Optimum Yield Energy Index. Their fees differ too: 0.40% for RSPC and 0.78% for DBE.
DBE currently has the higher Sharpe Ratio (1.71 vs -0.23), 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.
Find the right allocation for RSPC and DBE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer