RSPE vs. EQWL

Last updated Jul 14, 2026

RSPE (Invesco ESG S&P 500 Equal Weight ETF) and EQWL (Invesco S&P 100 Equal Weight ETF) are both exchange-traded funds - RSPE is a S&P 500 fund tracking the S&P 500 Equal Weight ESG Leaders Select Index, while EQWL is a Large Cap Blend Equities fund tracking the S&P 100 Equal Weight Index. Both are passively managed. Over the past 3 years, RSPE returned 15.50%/yr vs 18.67%/yr for EQWL. With a 0.95 correlation, they move nearly in lockstep. RSPE charges 0.20%/yr vs 0.25%/yr for EQWL.

Performance

RSPE vs. EQWL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco ESG S&P 500 Equal Weight ETF (RSPE) and Invesco S&P 100 Equal Weight ETF (EQWL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RSPE achieves a 15.40% return, which is significantly higher than EQWL's 10.97% return.

RSPE

• 1D: -0.12%
• 1M: 1.76%
• 6M: 11.91%
• YTD: 15.40%
• 1Y: 24.47%
• 3Y*: 15.50%
• 5Y*: —
• 10Y*: —

EQWL

• 1D: -0.25%
• 1M: 1.56%
• 6M: 8.58%
• YTD: 10.97%
• 1Y: 19.43%
• 3Y*: 18.67%
• 5Y*: 11.99%
• 10Y*: 14.40%

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

RSPE vs. EQWL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
RSPE Invesco ESG S&P 500 Equal Weight ETF	15.40%	14.58%	10.87%	13.97%	-12.21%	1.42%
EQWL Invesco S&P 100 Equal Weight ETF	10.97%	17.61%	19.11%	19.48%	-11.46%	0.96%

Correlation

The correlation between RSPE and EQWL is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (All Time) Calculated using the full available price history since Nov 17, 2021	0.95

The correlation between RSPE and EQWL has been stable across timeframes, ranging from 0.90 to 0.95 - a consistent structural relationship.

RSPE vs. EQWL - Sectors Allocation Comparison

Sectors	RSPE	EQWL
Technology	21.6%	26.7%
Industrials	15.4%	13.2%
Financial Services	15.0%	14.9%
Healthcare	12.9%	13.5%
Consumer Cyclical	10.3%	8.2%
Consumer Defensive	7.3%	8.3%
Real Estate	6.9%	1.9%
Basic Materials	4.5%	1.0%
Communication Services	3.6%	7.1%
Utilities	2.5%	2.6%
Energy	-	2.7%

Return for Risk

RSPE vs. EQWL — Risk / Return Rank

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

RSPE

RSPE Risk / Return Rank: 74
RSPE Sharpe Ratio Rank: 76
RSPE Sortino Ratio Rank: 77
RSPE Omega Ratio Rank: 72
RSPE Calmar Ratio Rank: 69
RSPE Martin Ratio Rank: 74

EQWL

EQWL Risk / Return Rank: 70
EQWL Sharpe Ratio Rank: 72
EQWL Sortino Ratio Rank: 72
EQWL Omega Ratio Rank: 70
EQWL Calmar Ratio Rank: 63
EQWL Martin Ratio Rank: 72

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.

RSPE vs. EQWL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco ESG S&P 500 Equal Weight ETF (RSPE) and Invesco S&P 100 Equal Weight ETF (EQWL). 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.

	RSPE	EQWL	Difference
Sharpe ratio: Return per unit of total volatility	1.93	1.84	+0.09
Sortino ratio: Return per unit of downside risk	2.75	2.59	+0.16
Omega ratio: Gain probability vs. loss probability	1.34	1.33	+0.01
Calmar ratio: Return relative to maximum drawdown	2.75	2.51	+0.23
Martin ratio: Return relative to average drawdown	10.87	10.52	+0.35

RSPE vs. EQWL - Sharpe Ratio Comparison

The current RSPE Sharpe Ratio is 1.93, which is comparable to the EQWL Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of RSPE and EQWL, 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

RSPE vs. EQWL - Drawdown Comparison

The maximum RSPE drawdown since its inception was -22.93%, smaller than the maximum EQWL drawdown of -49.36%. Use the drawdown chart below to compare losses from any high point for RSPE and EQWL.

Drawdown Indicators

	RSPE	EQWL	Difference
Max Drawdown Largest peak-to-trough decline	-22.93%	-49.36%	+26.43%
Max Drawdown (1Y) Largest decline over 1 year	-8.95%	-7.76%	-1.19%
Max Drawdown (3Y) Largest decline over 3 years	-18.58%	-14.95%	-3.63%
Max Drawdown (5Y) Largest decline over 5 years	—	-22.99%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.30%	—
Current Drawdown Current decline from peak	-0.38%	-0.62%	+0.24%
Average Drawdown Average peak-to-trough decline	-5.93%	-6.67%	+0.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.26%	1.85%	+0.41%

Volatility

RSPE vs. EQWL - Volatility Comparison

Invesco ESG S&P 500 Equal Weight ETF (RSPE) has a higher volatility of 3.43% compared to Invesco S&P 100 Equal Weight ETF (EQWL) at 3.18%. This indicates that RSPE's price experiences larger fluctuations and is considered to be riskier than EQWL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSPE	EQWL	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.43%	3.18%	+0.25%
Volatility (6M) Calculated over the trailing 6-month period	9.42%	8.26%	+1.16%
Volatility (1Y) Calculated over the trailing 1-year period	12.78%	10.64%	+2.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.67%	15.03%	+1.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.67%	16.70%	-0.03%

RSPE vs. EQWL - Expense Ratio Comparison

RSPE has a 0.20% expense ratio, which is lower than EQWL's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

RSPE vs. EQWL - Dividend Comparison

RSPE's dividend yield for the trailing twelve months is around 1.46%, less than EQWL's 1.57% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EQWL Invesco S&P 100 Equal Weight ETF	1.57%	1.67%	1.86%	1.97%	2.12%	1.65%	2.01%	2.04%	2.23%	1.27%	2.01%	2.03%
RSPE Invesco ESG S&P 500 Equal Weight ETF	1.46%	1.63%	1.57%	1.91%	1.83%	0.29%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RSPE and EQWL in my portfolio?

RSPE and EQWL have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RSPE or EQWL?

RSPE has higher volatility (3.43%) compared to EQWL (3.18%). In terms of maximum drawdown, RSPE dropped -22.93% vs EQWL's -49.36%.

Which ETF is better, RSPE or EQWL?

On 3-year performance, EQWL leads with 18.67% vs 15.50% for RSPE. On fees, RSPE is cheaper at 0.20% per year. On volatility, EQWL has been the lower-risk option at 3.18%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RSPE or EQWL?

Over the 3-year period, EQWL has performed better with a 18.67% return vs 15.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RSPE or EQWL?

RSPE is cheaper with a 0.20% expense ratio, compared with 0.25% for EQWL.

Which ETF pays a higher dividend yield, RSPE or EQWL?

EQWL has the higher dividend yield at 1.57%, compared with 1.46% for RSPE.

What is the main difference between RSPE and EQWL?

RSPE is categorized as S&P 500, while EQWL is Large Cap Blend Equities. RSPE tracks S&P 500 Equal Weight ESG Leaders Select Index, while EQWL tracks S&P 100 Equal Weight Index. Their fees differ too: 0.20% for RSPE and 0.25% for EQWL.

Which has better risk-adjusted returns?

RSPE currently has the higher Sharpe Ratio (1.93 vs 1.84), 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.