RSPG vs. PBOG

Last updated Jun 4, 2026

RSPG (Invesco S&P 500 Equal Weight Energy ETF) and PBOG (Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF) are both exchange-traded funds - RSPG is a Energy Equities fund tracking the S&P 500 Equal Weight Energy Plus Index, while PBOG is a Oil & Gas fund tracking the BITA Global Oil & Gas Select Index. Both are passively managed. Their correlation of 0.91 suggests significant overlap in exposure. RSPG charges 0.40%/yr vs 0.13%/yr for PBOG.

Performance

RSPG vs. PBOG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P 500 Equal Weight Energy ETF (RSPG) and Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF (PBOG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RSPG achieves a 34.27% return, which is significantly higher than PBOG's 32.22% return.

RSPG

• 1D: 1.25%
• 1M: -2.65%
• YTD: 34.27%
• 6M: 28.95%
• 1Y: 47.49%
• 3Y*: 19.93%
• 5Y*: 21.10%
• 10Y*: 9.73%

PBOG

• 1D: 1.23%
• 1M: -2.32%
• YTD: 32.22%
• 6M: 29.70%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RSPG vs. PBOG - Yearly Performance Comparison

	2026 (YTD)	2025
RSPG Invesco S&P 500 Equal Weight Energy ETF	34.27%	0.59%
PBOG Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF	32.22%	1.62%

Correlation

The correlation between RSPG and PBOG is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 26, 2025	0.91

Return for Risk

RSPG vs. PBOG — Risk / Return Rank

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

RSPG

RSPG Risk / Return Rank: 64
RSPG Sharpe Ratio Rank: 65
RSPG Sortino Ratio Rank: 58
RSPG Omega Ratio Rank: 56
RSPG Calmar Ratio Rank: 77
RSPG Martin Ratio Rank: 63

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.

RSPG vs. PBOG - 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 Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF (PBOG). 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.

	RSPG	PBOG	Difference
Sharpe ratio Return per unit of total volatility	2.20	—	—
Sortino ratio Return per unit of downside risk	2.80	—	—
Omega ratio Gain probability vs. loss probability	1.35	—	—
Calmar ratio Return relative to maximum drawdown	3.92	—	—
Martin ratio Return relative to average drawdown	11.59	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	RSPG	PBOG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.20	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.75	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.29	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.18	3.31	-3.13

Drawdowns

RSPG vs. PBOG - Drawdown Comparison

The maximum RSPG drawdown since its inception was -79.98%, which is greater than PBOG's maximum drawdown of -11.45%. Use the drawdown chart below to compare losses from any high point for RSPG and PBOG.

Drawdown Indicators

	RSPG	PBOG	Difference
Max Drawdown Largest peak-to-trough decline	-79.98%	-11.45%	-68.53%
Max Drawdown (1Y) Largest decline over 1 year	-12.18%	—	—
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 Drawdown Current decline from peak	-5.67%	-6.81%	+1.14%
Average Drawdown Average peak-to-trough decline	-25.47%	-3.10%	-22.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.11%	—	—

Volatility

Volatility by Period

	RSPG	PBOG	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.19%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.77%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	21.69%	23.67%	-1.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.31%	23.67%	+4.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.57%	23.67%	+9.90%

RSPG vs. PBOG - Expense Ratio Comparison

RSPG has a 0.40% expense ratio, which is higher than PBOG's 0.13% expense ratio.

Dividends

RSPG vs. PBOG - Dividend Comparison

RSPG's dividend yield for the trailing twelve months is around 1.94%, more than PBOG's 0.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PBOG Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF	0.13%	0.17%	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	1.94%	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

Can I hold both RSPG and PBOG in my portfolio?

With a correlation of 0.91, RSPG and PBOG 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 ETF is better, RSPG or PBOG?

On fees, PBOG is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RSPG or PBOG?

PBOG is cheaper with a 0.13% expense ratio, compared with 0.40% for RSPG.

Which ETF pays a higher dividend yield, RSPG or PBOG?

RSPG has the higher dividend yield at 1.94%, compared with 0.13% for PBOG.

What is the main difference between RSPG and PBOG?

RSPG is categorized as Energy Equities, while PBOG is Oil & Gas. RSPG tracks S&P 500 Equal Weight Energy Plus Index, while PBOG tracks BITA Global Oil & Gas Select Index. They also come from different issuers: Invesco and Portfolio Building Blocks. Their fees differ too: 0.40% for RSPG and 0.13% for PBOG.