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RSPE vs. ^SPXEW
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between RSPE and ^SPXEW 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.

RSPE vs. ^SPXEW

Last updated May 30, 2025

Compare and contrast key facts about Invesco ESG S&P 500 Equal Weight ETF (RSPE) and S&P 500 Equal Weighted Index (^SPXEW).

RSPE is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weight ESG Leaders Select Index. It was launched on Nov 17, 2021.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RSPE or ^SPXEW.

Performance

RSPE vs. ^SPXEW - 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 S&P 500 Equal Weighted Index (^SPXEW). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

RSPE:

0.47

^SPXEW:

0.39

Sortino Ratio

RSPE:

0.63

^SPXEW:

0.61

Omega Ratio

RSPE:

1.08

^SPXEW:

1.08

Calmar Ratio

RSPE:

0.33

^SPXEW:

0.33

Martin Ratio

RSPE:

1.19

^SPXEW:

1.15

Ulcer Index

RSPE:

5.22%

^SPXEW:

5.17%

Daily Std Dev

RSPE:

17.87%

^SPXEW:

17.55%

Max Drawdown

RSPE:

-22.94%

^SPXEW:

-60.83%

Current Drawdown

RSPE:

-5.60%

^SPXEW:

-6.18%

Returns By Period

In the year-to-date period, RSPE achieves a 0.77% return, which is significantly higher than ^SPXEW's 0.28% return.

RSPE

YTD

0.77%

1M

5.48%

6M

-5.24%

1Y

8.33%

3Y*

7.16%

5Y*

N/A

10Y*

N/A

^SPXEW

YTD

0.28%

1M

4.02%

6M

-5.93%

1Y

8.01%

3Y*

5.35%

5Y*

11.77%

10Y*

7.92%

*Annualized

Compare stocks, funds, or ETFs

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Invesco ESG S&P 500 Equal Weight ETF

S&P 500 Equal Weighted Index

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

RSPE vs. ^SPXEW — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
RSPE
The Risk-Adjusted Performance Rank of RSPE is 3737
Overall Rank
The Sharpe Ratio Rank of RSPE is 4242
Sharpe Ratio Rank
The Sortino Ratio Rank of RSPE is 3434
Sortino Ratio Rank
The Omega Ratio Rank of RSPE is 3333
Omega Ratio Rank
The Calmar Ratio Rank of RSPE is 3838
Calmar Ratio Rank
The Martin Ratio Rank of RSPE is 3737
Martin Ratio Rank
^SPXEW
The Risk-Adjusted Performance Rank of ^SPXEW is 4040
Overall Rank
The Sharpe Ratio Rank of ^SPXEW is 4343
Sharpe Ratio Rank
The Sortino Ratio Rank of ^SPXEW is 3636
Sortino Ratio Rank
The Omega Ratio Rank of ^SPXEW is 3636
Omega Ratio Rank
The Calmar Ratio Rank of ^SPXEW is 4141
Calmar Ratio Rank
The Martin Ratio Rank of ^SPXEW is 4444
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

RSPE vs. ^SPXEW - Risk-Adjusted Performance Comparison

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

The current RSPE Sharpe Ratio is 0.47, which is comparable to the ^SPXEW Sharpe Ratio of 0.39. The chart below compares the historical Sharpe Ratios of RSPE and ^SPXEW, 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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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Drawdowns

RSPE vs. ^SPXEW - Drawdown Comparison

The maximum RSPE drawdown since its inception was -22.94%, smaller than the maximum ^SPXEW drawdown of -60.83%. Use the drawdown chart below to compare losses from any high point for RSPE and ^SPXEW.

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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

RSPE vs. ^SPXEW - Volatility Comparison

Invesco ESG S&P 500 Equal Weight ETF (RSPE) has a higher volatility of 5.25% compared to S&P 500 Equal Weighted Index (^SPXEW) at 4.88%. This indicates that RSPE's price experiences larger fluctuations and is considered to be riskier than ^SPXEW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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