RSPE vs. RSP

Last updated Jun 23, 2026

RSPE (Invesco ESG S&P 500 Equal Weight ETF) and RSP (Invesco S&P 500 Equal Weight ETF) are both S&P 500 funds from Invesco - RSPE tracks the S&P 500 Equal Weight ESG Leaders Select Index while RSP tracks the S&P 500 Equal Weight Index. Both are passively managed. Over the past 3 years, RSPE returned 16.51%/yr vs 15.00%/yr for RSP. With a 0.98 correlation, they move nearly in lockstep. Both charge a 0.20% expense ratio.

Performance

RSPE vs. RSP - 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 500 Equal Weight ETF (RSP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RSPE achieves a 13.45% return, which is significantly higher than RSP's 10.32% return.

RSPE

• 1D: 0.14%
• 1M: 3.44%
• YTD: 13.45%
• 6M: 12.29%
• 1Y: 27.72%
• 3Y*: 16.51%
• 5Y*: —
• 10Y*: —

RSP

• 1D: 0.22%
• 1M: 1.86%
• YTD: 10.32%
• 6M: 9.19%
• 1Y: 20.44%
• 3Y*: 15.00%
• 5Y*: 8.85%
• 10Y*: 12.27%

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

RSPE vs. RSP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
RSPE Invesco ESG S&P 500 Equal Weight ETF	13.45%	14.58%	10.87%	13.97%	-12.21%	1.42%
RSP Invesco S&P 500 Equal Weight ETF	10.32%	11.21%	12.79%	13.70%	-11.62%	0.67%

Correlation

The correlation between RSPE and RSP is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.97
Correlation (3Y) Calculated over the trailing 3-year period	0.98
Correlation (All Time) Calculated using the full available price history since Nov 17, 2021	0.98

The correlation between RSPE and RSP has been stable across timeframes, ranging from 0.97 to 0.98 - a consistent structural relationship.

RSPE vs. RSP - Sectors Allocation Comparison

Sectors	RSPE	RSP
Technology	21.6%	20.9%
Industrials	15.4%	14.2%
Financial Services	15.0%	13.9%
Healthcare	12.9%	11.1%
Consumer Cyclical	10.3%	10.0%
Consumer Defensive	7.3%	6.4%
Real Estate	6.9%	6.1%
Basic Materials	4.5%	3.9%
Communication Services	3.6%	3.9%
Utilities	2.5%	5.7%
Energy	-	4.0%

Return for Risk

RSPE vs. RSP — Risk / Return Rank

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

RSPE

RSPE Risk / Return Rank: 67
RSPE Sharpe Ratio Rank: 69
RSPE Sortino Ratio Rank: 70
RSPE Omega Ratio Rank: 64
RSPE Calmar Ratio Rank: 64
RSPE Martin Ratio Rank: 69

RSP

RSP Risk / Return Rank: 53
RSP Sharpe Ratio Rank: 53
RSP Sortino Ratio Rank: 53
RSP Omega Ratio Rank: 49
RSP Calmar Ratio Rank: 54
RSP Martin Ratio Rank: 58

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. RSP - 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 500 Equal Weight ETF (RSP). 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	RSP	Difference
Sharpe ratio: Return per unit of total volatility	2.17	1.74	+0.43
Sortino ratio: Return per unit of downside risk	3.06	2.50	+0.55
Omega ratio: Gain probability vs. loss probability	1.37	1.30	+0.07
Calmar ratio: Return relative to maximum drawdown	3.11	2.61	+0.50
Martin ratio: Return relative to average drawdown	12.29	9.88	+2.40

RSPE vs. RSP - Sharpe Ratio Comparison

The current RSPE Sharpe Ratio is 2.17, which is comparable to the RSP Sharpe Ratio of 1.74. The chart below compares the historical Sharpe Ratios of RSPE and RSP, 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. RSP - Drawdown Comparison

The maximum RSPE drawdown since its inception was -22.93%, smaller than the maximum RSP drawdown of -59.92%. Use the drawdown chart below to compare losses from any high point for RSPE and RSP.

Drawdown Indicators

	RSPE	RSP	Difference
Max Drawdown Largest peak-to-trough decline	-22.93%	-59.92%	+36.99%
Max Drawdown (1Y) Largest decline over 1 year	-8.95%	-7.85%	-1.10%
Max Drawdown (3Y) Largest decline over 3 years	-18.58%	-17.81%	-0.77%
Max Drawdown (5Y) Largest decline over 5 years	—	-21.38%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-39.04%	—
Current Drawdown Current decline from peak	-0.73%	-1.15%	+0.42%
Average Drawdown Average peak-to-trough decline	-6.00%	-6.64%	+0.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.26%	2.07%	+0.19%

Volatility

RSPE vs. RSP - Volatility Comparison

Invesco ESG S&P 500 Equal Weight ETF (RSPE) has a higher volatility of 4.01% compared to Invesco S&P 500 Equal Weight ETF (RSP) at 3.61%. This indicates that RSPE's price experiences larger fluctuations and is considered to be riskier than RSP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSPE	RSP	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.01%	3.61%	+0.40%
Volatility (6M) Calculated over the trailing 6-month period	9.55%	8.67%	+0.88%
Volatility (1Y) Calculated over the trailing 1-year period	12.88%	11.83%	+1.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.75%	16.20%	+0.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.75%	18.37%	-1.62%

RSPE vs. RSP - Expense Ratio Comparison

Both RSPE and RSP have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

RSPE vs. RSP - Dividend Comparison

RSPE's dividend yield for the trailing twelve months is around 1.85%, less than RSP's 1.87% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RSP Invesco S&P 500 Equal Weight ETF	1.87%	1.64%	1.52%	1.64%	1.82%	1.28%	1.64%	1.69%	2.02%	1.52%	1.20%	1.70%
RSPE Invesco ESG S&P 500 Equal Weight ETF	1.85%	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 RSP in my portfolio?

With a correlation of 0.97, RSPE and RSP move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, RSPE or RSP?

RSPE has higher volatility (4.01%) compared to RSP (3.61%). In terms of maximum drawdown, RSPE dropped -22.93% vs RSP's -59.92%.

Which ETF is better, RSPE or RSP?

On 3-year performance, RSPE leads with 16.51% vs 15.00% for RSP. Both ETFs have the same 0.20% expense ratio. On volatility, RSP has been the lower-risk option at 3.61%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RSPE or RSP?

Over the 3-year period, RSPE has performed better with a 16.51% return vs 15.00%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RSPE or RSP?

RSPE and RSP have the same expense ratio: 0.20% per year.

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

RSP has the higher dividend yield at 1.87%, compared with 1.85% for RSPE.

What is the main difference between RSPE and RSP?

RSPE tracks S&P 500 Equal Weight ESG Leaders Select Index, while RSP tracks S&P 500 Equal Weight Index.

Which has better risk-adjusted returns?

RSPE currently has the higher Sharpe Ratio (2.17 vs 1.74), 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.