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RSPD vs. FXD
Performance
Return for Risk
Dividends
Drawdowns
Volatility

RSPD vs. FXD

Last updated Apr 1, 2026

Compare and contrast key facts about Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD) and First Trust Consumer Discretionary AlphaDEX Fund (FXD).

RSPD and FXD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RSPD is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weighted / Consumer Discretionary -SEC. It was launched on Nov 1, 2006. FXD is a passively managed fund by First Trust that tracks the performance of the StrataQuant Consumer Discretionary Index. It was launched on May 8, 2007. Both RSPD and FXD 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

RSPD vs. FXD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD) and First Trust Consumer Discretionary AlphaDEX Fund (FXD). The values are adjusted to include any dividend payments, if applicable.

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RSPD vs. FXD - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
RSPD
Invesco S&P 500 Equal Weight Consumer Discretionary ETF		-5.92%7.98%13.37%22.55%-24.03%28.75%11.43%25.88%-8.79%15.04%
FXD
First Trust Consumer Discretionary AlphaDEX Fund		-6.20%6.70%10.57%23.39%-21.56%22.72%12.97%24.22%-11.60%19.77%

Returns By Period

The year-to-date returns for both stocks are quite close, with RSPD having a -5.92% return and FXD slightly lower at -6.20%. Both investments have delivered pretty close results over the past 10 years, with RSPD having a 7.36% annualized return and FXD not far behind at 7.08%.

RSPD

1D
2.92%
1M
-9.04%
YTD
-5.92%
6M
-6.83%
1Y
8.38%
3Y*
9.02%
5Y*
3.50%
10Y*
7.36%

FXD

1D
3.17%
1M
-7.69%
YTD
-6.20%
6M
-5.82%
1Y
11.48%
3Y*
8.09%
5Y*
2.54%
10Y*
7.08%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF

First Trust Consumer Discretionary AlphaDEX Fund

Often compared with RSPD:
RSPD vs. RSPRSPD vs. RSPTRSPD vs. VTIRSPD vs. XLYRSPD vs. SPHQRSPD vs. SPYRSPD vs. FDIS
Often compared with FXD:
FXD vs. XLYFXD vs. HOGFXD vs. VCRFXD vs. FDISFXD vs. SPYFXD vs. VOOFXD vs. XRT

RSPD vs. FXD - Expense Ratio Comparison

RSPD has a 0.40% expense ratio, which is lower than FXD's 0.63% expense ratio.

FXD
First Trust Consumer Discretionary AlphaDEX Fund
RSPD
Invesco S&P 500 Equal Weight Consumer Discretionary ETF

Return for Risk

RSPD vs. FXD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
RSPD
RSPD Risk / Return Rank: 2626
Overall Rank
RSPD Sharpe Ratio Rank: 2424
Sharpe Ratio Rank
RSPD Sortino Ratio Rank: 2626
Sortino Ratio Rank
RSPD Omega Ratio Rank: 2424
Omega Ratio Rank
RSPD Calmar Ratio Rank: 2929
Calmar Ratio Rank
RSPD Martin Ratio Rank: 2626
Martin Ratio Rank
FXD
FXD Risk / Return Rank: 3030
Overall Rank
FXD Sharpe Ratio Rank: 2727
Sharpe Ratio Rank
FXD Sortino Ratio Rank: 3131
Sortino Ratio Rank
FXD Omega Ratio Rank: 2828
Omega Ratio Rank
FXD Calmar Ratio Rank: 3333
Calmar Ratio Rank
FXD Martin Ratio Rank: 3030
Martin Ratio Rank
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.

RSPD vs. FXD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD) and First Trust Consumer Discretionary AlphaDEX Fund (FXD). 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.

RSPDFXDDifference

Sharpe ratio

Return per unit of total volatility

0.37

0.47

-0.10

Sortino ratio

Return per unit of downside risk

0.73

0.87

-0.14

Omega ratio

Gain probability vs. loss probability

1.09

1.11

-0.02

Calmar ratio

Return relative to maximum drawdown

0.68

0.81

-0.14

Martin ratio

Return relative to average drawdown

1.98

2.50

-0.52

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RSPD vs. FXD - Sharpe Ratio Comparison

The current RSPD Sharpe Ratio is 0.37, which is comparable to the FXD Sharpe Ratio of 0.47. The chart below compares the historical Sharpe Ratios of RSPD and FXD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

RSPDFXDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.37

0.47

-0.10

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.16

0.11

+0.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.32

0.30

+0.02

Sharpe Ratio (All Time)

Calculated using the full available price history

0.33

0.30

+0.03

Correlation

The correlation between RSPD and FXD is 0.89, 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

RSPD vs. FXD - Dividend Comparison

RSPD's dividend yield for the trailing twelve months is around 1.05%, more than FXD's 0.82% yield.

TTM20252024202320222021202020192018201720162015
RSPD
Invesco S&P 500 Equal Weight Consumer Discretionary ETF		1.05%1.08%0.84%1.09%0.99%0.53%0.81%1.59%1.67%1.45%1.27%1.37%
FXD
First Trust Consumer Discretionary AlphaDEX Fund		0.82%0.80%0.89%0.70%1.00%0.62%0.42%0.92%1.08%0.93%1.05%0.90%

Drawdowns

RSPD vs. FXD - Drawdown Comparison

The maximum RSPD drawdown since its inception was -68.00%, roughly equal to the maximum FXD drawdown of -65.27%. Use the drawdown chart below to compare losses from any high point for RSPD and FXD.

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Drawdown Indicators

RSPDFXDDifference

Max Drawdown

Largest peak-to-trough decline

-68.00%

-65.27%

-2.73%

Max Drawdown (1Y)

Largest decline over 1 year

-13.57%

-15.35%

+1.78%

Max Drawdown (5Y)

Largest decline over 5 years

-34.41%

-33.74%

-0.67%

Max Drawdown (10Y)

Largest decline over 10 years

-48.00%

-49.54%

+1.54%

Current Drawdown

Current decline from peak

-10.61%

-11.21%

+0.60%

Average Drawdown

Average peak-to-trough decline

-10.72%

-11.00%

+0.28%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.65%

5.00%

-0.35%

Volatility

RSPD vs. FXD - Volatility Comparison

Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD) and First Trust Consumer Discretionary AlphaDEX Fund (FXD) have volatilities of 6.40% and 6.61%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

RSPDFXDDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.40%

6.61%

-0.21%

Volatility (6M)

Calculated over the trailing 6-month period

12.98%

13.91%

-0.93%

Volatility (1Y)

Calculated over the trailing 1-year period

22.52%

24.35%

-1.83%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.01%

22.52%

-0.51%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.02%

23.57%

-0.55%