RSPG vs. GXPE
RSPG (Invesco S&P 500 Equal Weight Energy ETF) and GXPE (Global X PureCap MSCI Energy ETF) are both Energy Equities funds - RSPG tracks the S&P 500 Equal Weight Energy Plus Index while GXPE tracks the MSCI USA Energy PureCap Index. Both are passively managed. Over the past year, RSPG returned 46.87% vs 42.07% for GXPE. Their correlation of 0.95 means they have usually moved in the same direction. RSPG charges 0.40%/yr vs 0.15%/yr for GXPE.
Performance
RSPG vs. GXPE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with RSPG having a 35.64% return and GXPE slightly lower at 34.48%.
RSPG
- 1D
- 1.45%
- 1M
- 9.65%
- 6M
- 20.75%
- YTD
- 35.64%
- 1Y
- 46.87%
- 3Y*
- 15.10%
- 5Y*
- 24.85%
- 10Y*
- 9.99%
- ALL TIME*
- 6.10%
GXPE
- 1D
- 0.83%
- 1M
- 12.27%
- 6M
- 17.67%
- YTD
- 34.48%
- 1Y
- 42.07%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 39.70%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $27.82K | $19.84K | $23.45K | |
| $7.49M | $8.09M | $10.58M |
RSPG vs. GXPE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
RSPG Invesco S&P 500 Equal Weight Energy ETF | 35.64% | 7.82% |
GXPE Global X PureCap MSCI Energy ETF | 34.48% | 4.62% |
Correlation
The correlation between RSPG and GXPE is 0.95 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.95 |
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025 | 0.95 |
The correlation between RSPG and GXPE has been stable across timeframes, ranging from 0.95 to 0.95 - a consistent structural relationship.
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Return for Risk
RSPG vs. GXPE — Risk / Return Rank
RSPG
GXPE
RSPG vs. GXPE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Equal Weight Energy ETF (RSPG) and Global X PureCap MSCI Energy ETF (GXPE). 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.
| RSPG | GXPE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.31 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.18 | 2.54 | +0.64 |
| Martin ratioReturn relative to average drawdown | 8.07 | 6.75 | +1.32 |
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Drawdowns
RSPG vs. GXPE - Drawdown Comparison
The maximum RSPG drawdown since its inception was -79.98%, which is greater than GXPE's maximum drawdown of -15.73%. Use the drawdown chart below to compare losses from any high point for RSPG and GXPE.
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Drawdown Indicators
| RSPG | GXPE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.98% | -15.73% | -64.25% |
Max Drawdown (1Y)Largest decline over 1 year | -13.72% | -15.73% | +2.01% |
Max Drawdown (3Y)Largest decline over 3 years | -23.06% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -28.44% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -73.17% | — | — |
Current DrawdownCurrent decline from peak | -4.71% | -4.53% | -0.18% |
Average DrawdownAverage peak-to-trough decline | -25.33% | -4.28% | -21.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.43% | 5.93% | -0.50% |
Volatility
RSPG vs. GXPE - Volatility Comparison
Invesco S&P 500 Equal Weight Energy ETF (RSPG) and Global X PureCap MSCI Energy ETF (GXPE) have volatilities of 6.13% and 5.85%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RSPG | GXPE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.13% | 5.85% | +0.28% |
Volatility (6M)Calculated over the trailing 6-month period | 16.97% | 16.76% | +0.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.06% | 20.77% | +1.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.93% | 20.64% | +7.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.44% | 20.64% | +12.80% |
RSPG vs. GXPE - Expense Ratio Comparison
RSPG has a 0.40% expense ratio, which is higher than GXPE's 0.15% expense ratio.
Dividends
RSPG vs. GXPE - Dividend Comparison
RSPG's dividend yield for the trailing twelve months is around 1.96%, less than GXPE's 2.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GXPE Global X PureCap MSCI Energy ETF | 2.07% | 1.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RSPG Invesco S&P 500 Equal Weight Energy ETF | 1.96% | 2.60% | 2.43% | 2.84% | 3.43% | 2.37% | 3.15% | 2.15% | 2.18% | 2.55% | 1.14% | 2.80% |
Frequently Asked Questions
With a correlation of 0.95, RSPG and GXPE 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.
RSPG has higher volatility (6.13%) compared to GXPE (5.85%). In terms of maximum drawdown, RSPG dropped -79.98% vs GXPE's -15.73%.
On 1-year performance, RSPG leads with 46.87% vs 42.07% for GXPE. On fees, GXPE is cheaper at 0.15% per year. On volatility, GXPE has been the lower-risk option at 5.85%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, RSPG has performed better with a 46.87% return vs 42.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GXPE is cheaper with a 0.15% expense ratio, compared with 0.40% for RSPG.
GXPE has the higher dividend yield at 2.07%, compared with 1.96% for RSPG.
RSPG tracks S&P 500 Equal Weight Energy Plus Index, while GXPE tracks MSCI USA Energy PureCap Index. They also come from different issuers: Invesco and Global X. Their fees differ too: 0.40% for RSPG and 0.15% for GXPE.
RSPG currently has the higher Sharpe Ratio (1.98 vs 1.92), 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.
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