RSPF vs. VINIX

Last updated Apr 1, 2026

Compare and contrast key facts about Invesco S&P 500 Equal Weight Financials ETF (RSPF) and Vanguard Institutional Index Fund Institutional Shares (VINIX).

RSPF is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weighted / Financials -SEC. It was launched on Nov 1, 2006. VINIX is managed by Vanguard. It was launched on Jul 31, 1990.

Performance

RSPF vs. VINIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P 500 Equal Weight Financials ETF (RSPF) and Vanguard Institutional Index Fund Institutional Shares (VINIX). The values are adjusted to include any dividend payments, if applicable.

RSPF vs. VINIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RSPF Invesco S&P 500 Equal Weight Financials ETF	-8.56%	10.23%	25.75%	6.43%	-10.64%	36.36%	5.49%	31.53%	-15.81%	21.57%
VINIX Vanguard Institutional Index Fund Institutional Shares	-7.06%	17.85%	26.28%	25.77%	-18.15%	28.67%	18.40%	31.46%	-4.42%	21.79%

Returns By Period

In the year-to-date period, RSPF achieves a -8.56% return, which is significantly lower than VINIX's -7.06% return. Over the past 10 years, RSPF has underperformed VINIX with an annualized return of 11.41%, while VINIX has yielded a comparatively higher 13.80% annualized return.

RSPF

• 1D: 2.10%
• 1M: -4.20%
• YTD: -8.56%
• 6M: -7.38%
• 1Y: 0.10%
• 3Y*: 14.42%
• 5Y*: 6.78%
• 10Y*: 11.41%

VINIX

• 1D: -0.39%
• 1M: -7.68%
• YTD: -7.06%
• 6M: -4.60%
• 1Y: 14.42%
• 3Y*: 17.55%
• 5Y*: 11.53%
• 10Y*: 13.80%

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

RSPF vs. VINIX - Expense Ratio Comparison

RSPF has a 0.40% expense ratio, which is higher than VINIX's 0.04% expense ratio.

RSPF

Invesco S&P 500 Equal Weight Financials ETF

VINIX

Vanguard Institutional Index Fund Institutional Shares

Return for Risk

RSPF vs. VINIX — Risk / Return Rank

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

RSPF

RSPF Risk / Return Rank: 13
RSPF Sharpe Ratio Rank: 12
RSPF Sortino Ratio Rank: 12
RSPF Omega Ratio Rank: 12
RSPF Calmar Ratio Rank: 14
RSPF Martin Ratio Rank: 14

VINIX

VINIX Risk / Return Rank: 46
VINIX Sharpe Ratio Rank: 41
VINIX Sortino Ratio Rank: 45
VINIX Omega Ratio Rank: 50
VINIX Calmar Ratio Rank: 41
VINIX Martin Ratio Rank: 53

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.

RSPF vs. VINIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Equal Weight Financials ETF (RSPF) and Vanguard Institutional Index Fund Institutional Shares (VINIX). 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.

	RSPF	VINIX	Difference
Sharpe ratio Return per unit of total volatility	0.01	0.84	-0.83
Sortino ratio Return per unit of downside risk	0.14	1.30	-1.15
Omega ratio Gain probability vs. loss probability	1.02	1.20	-0.18
Calmar ratio Return relative to maximum drawdown	0.10	1.06	-0.95
Martin ratio Return relative to average drawdown	0.30	5.13	-4.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RSPF vs. VINIX - Sharpe Ratio Comparison

The current RSPF Sharpe Ratio is 0.01, which is lower than the VINIX Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of RSPF and VINIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	RSPF	VINIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.01	0.84	-0.83
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.34	0.69	-0.35
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.50	0.77	-0.27
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	0.58	-0.38

Correlation

The correlation between RSPF and VINIX is 0.75, 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

RSPF vs. VINIX - Dividend Comparison

RSPF's dividend yield for the trailing twelve months is around 1.77%, less than VINIX's 2.88% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RSPF Invesco S&P 500 Equal Weight Financials ETF	1.77%	1.55%	1.65%	2.16%	1.95%	1.56%	2.24%	1.85%	2.51%	1.28%	37.55%	2.17%
VINIX Vanguard Institutional Index Fund Institutional Shares	2.88%	2.10%	3.64%	2.65%	3.38%	4.77%	3.06%	2.85%	2.43%	1.82%	2.36%	2.45%

Drawdowns

RSPF vs. VINIX - Drawdown Comparison

The maximum RSPF drawdown since its inception was -81.32%, which is greater than VINIX's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for RSPF and VINIX.

Drawdown Indicators

	RSPF	VINIX	Difference
Max Drawdown Largest peak-to-trough decline	-81.32%	-55.19%	-26.13%
Max Drawdown (1Y) Largest decline over 1 year	-14.13%	-12.12%	-2.01%
Max Drawdown (5Y) Largest decline over 5 years	-27.68%	-24.51%	-3.17%
Max Drawdown (10Y) Largest decline over 10 years	-44.80%	-33.79%	-11.01%
Current Drawdown Current decline from peak	-11.20%	-8.90%	-2.30%
Average Drawdown Average peak-to-trough decline	-19.15%	-8.56%	-10.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.84%	2.49%	+2.35%

Volatility

RSPF vs. VINIX - Volatility Comparison

Invesco S&P 500 Equal Weight Financials ETF (RSPF) has a higher volatility of 4.92% compared to Vanguard Institutional Index Fund Institutional Shares (VINIX) at 4.24%. This indicates that RSPF's price experiences larger fluctuations and is considered to be riskier than VINIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSPF	VINIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.92%	4.24%	+0.68%
Volatility (6M) Calculated over the trailing 6-month period	11.72%	9.08%	+2.64%
Volatility (1Y) Calculated over the trailing 1-year period	20.11%	18.13%	+1.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.90%	16.85%	+3.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.92%	18.02%	+4.90%