RSPE vs. SOXQ

Last updated Jun 4, 2026

RSPE (Invesco ESG S&P 500 Equal Weight ETF) and SOXQ (Invesco PHLX Semiconductor 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 SOXQ is a Semiconductors fund tracking the PHLX Semiconductor Sector Index. Both are passively managed. Over the past 3 years, RSPE returned 16.43%/yr vs 59.40%/yr for SOXQ. A 0.66 correlation means they provide meaningful diversification when combined. RSPE charges 0.20%/yr vs 0.19%/yr for SOXQ.

Performance

RSPE vs. SOXQ - 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 PHLX Semiconductor ETF (SOXQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RSPE achieves a 12.08% return, which is significantly lower than SOXQ's 96.72% return.

RSPE

• 1D: -0.17%
• 1M: 6.26%
• YTD: 12.08%
• 6M: 13.64%
• 1Y: 26.55%
• 3Y*: 16.43%
• 5Y*: —
• 10Y*: —

SOXQ

• 1D: 1.42%
• 1M: 32.12%
• YTD: 96.72%
• 6M: 91.61%
• 1Y: 181.76%
• 3Y*: 59.40%
• 5Y*: —
• 10Y*: —

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

RSPE vs. SOXQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
RSPE Invesco ESG S&P 500 Equal Weight ETF	12.08%	14.58%	10.87%	13.97%	-12.21%	1.37%
SOXQ Invesco PHLX Semiconductor ETF	96.72%	43.11%	20.16%	66.74%	-35.59%	3.91%

Correlation

The correlation between RSPE and SOXQ is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.52
Correlation (3Y) Calculated over the trailing 3-year period	0.57
Correlation (All Time) Calculated using the full available price history since Nov 18, 2021	0.66

The correlation between RSPE and SOXQ shifts across timeframes, from 0.52 (1 year) to 0.66 (all time), reflecting how their relationship changes across market environments.

RSPE vs. SOXQ - Sectors Allocation Comparison

Sectors	RSPE	SOXQ
Technology	21.3%	100.0%
Financial Services	15.3%	0.0%
Industrials	14.7%	-
Healthcare	12.9%	-
Consumer Cyclical	10.0%	-
Consumer Defensive	7.3%	-
Real Estate	6.5%	-
Basic Materials	5.0%	-
Communication Services	3.7%	-
Utilities	3.1%	-
Energy	-	-

Return for Risk

RSPE vs. SOXQ — Risk / Return Rank

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

RSPE

RSPE Risk / Return Rank: 63
RSPE Sharpe Ratio Rank: 64
RSPE Sortino Ratio Rank: 65
RSPE Omega Ratio Rank: 60
RSPE Calmar Ratio Rank: 60
RSPE Martin Ratio Rank: 65

SOXQ

SOXQ Risk / Return Rank: 96
SOXQ Sharpe Ratio Rank: 98
SOXQ Sortino Ratio Rank: 95
SOXQ Omega Ratio Rank: 95
SOXQ Calmar Ratio Rank: 97
SOXQ Martin Ratio Rank: 97

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. SOXQ - 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 PHLX Semiconductor ETF (SOXQ). 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.

	RSPE	SOXQ	Difference
Sharpe ratio: Return per unit of total volatility	2.12	5.43	-3.31
Sortino ratio: Return per unit of downside risk	3.02	5.22	-2.20
Omega ratio: Gain probability vs. loss probability	1.37	1.72	-0.36
Calmar ratio: Return relative to maximum drawdown	2.98	11.73	-8.75
Martin ratio: Return relative to average drawdown	11.80	45.01	-33.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RSPE vs. SOXQ - Sharpe Ratio Comparison

The current RSPE Sharpe Ratio is 2.12, which is lower than the SOXQ Sharpe Ratio of 5.43. The chart below compares the historical Sharpe Ratios of RSPE and SOXQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RSPE	SOXQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.12	5.43	-3.31
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	0.98	-0.47

Drawdowns

RSPE vs. SOXQ - Drawdown Comparison

The maximum RSPE drawdown since its inception was -22.93%, smaller than the maximum SOXQ drawdown of -46.01%. Use the drawdown chart below to compare losses from any high point for RSPE and SOXQ.

Drawdown Indicators

	RSPE	SOXQ	Difference
Max Drawdown Largest peak-to-trough decline	-22.93%	-46.01%	+23.08%
Max Drawdown (1Y) Largest decline over 1 year	-8.95%	-15.59%	+6.64%
Max Drawdown (3Y) Largest decline over 3 years	-18.58%	-39.36%	+20.78%
Current Drawdown Current decline from peak	-0.17%	0.00%	-0.17%
Average Drawdown Average peak-to-trough decline	-6.06%	-12.96%	+6.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.26%	4.06%	-1.80%

Volatility

RSPE vs. SOXQ - Volatility Comparison

The current volatility for Invesco ESG S&P 500 Equal Weight ETF (RSPE) is 2.97%, while Invesco PHLX Semiconductor ETF (SOXQ) has a volatility of 13.44%. This indicates that RSPE experiences smaller price fluctuations and is considered to be less risky than SOXQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSPE	SOXQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.97%	13.44%	-10.47%
Volatility (6M) Calculated over the trailing 6-month period	9.08%	26.70%	-17.62%
Volatility (1Y) Calculated over the trailing 1-year period	12.62%	33.78%	-21.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.75%	36.38%	-19.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.75%	36.38%	-19.63%

RSPE vs. SOXQ - Expense Ratio Comparison

RSPE has a 0.20% expense ratio, which is higher than SOXQ's 0.19% expense ratio. However, 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. SOXQ - Dividend Comparison

RSPE's dividend yield for the trailing twelve months is around 1.47%, more than SOXQ's 0.26% yield.

Position	TTM	2025	2024	2023	2022	2021
RSPE Invesco ESG S&P 500 Equal Weight ETF	1.47%	1.63%	1.57%	1.91%	1.83%	0.29%
SOXQ Invesco PHLX Semiconductor ETF	0.26%	0.50%	0.68%	0.87%	1.36%	0.72%

Frequently Asked Questions

Can I hold both RSPE and SOXQ in my portfolio?

RSPE and SOXQ have a correlation of 0.52, 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 SOXQ?

SOXQ has higher volatility (13.44%) compared to RSPE (2.97%). In terms of maximum drawdown, RSPE dropped -22.93% vs SOXQ's -46.01%.

Which ETF is better, RSPE or SOXQ?

On 3-year performance, SOXQ leads with 59.40% vs 16.43% for RSPE. On fees, SOXQ is cheaper at 0.19% per year. On volatility, RSPE has been the lower-risk option at 2.97%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RSPE or SOXQ?

Over the 3-year period, SOXQ has performed better with a 59.40% return vs 16.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RSPE or SOXQ?

SOXQ is cheaper with a 0.19% expense ratio, compared with 0.20% for RSPE.

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

RSPE has the higher dividend yield at 1.47%, compared with 0.26% for SOXQ.

What is the main difference between RSPE and SOXQ?

RSPE is categorized as S&P 500, while SOXQ is Semiconductors. RSPE tracks S&P 500 Equal Weight ESG Leaders Select Index, while SOXQ tracks PHLX Semiconductor Sector Index. Their fees differ too: 0.20% for RSPE and 0.19% for SOXQ.

Which has better risk-adjusted returns?

SOXQ currently has the higher Sharpe Ratio (5.43 vs 2.12), 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.