RSPG vs. RAYS

Last updated Aug 2, 2026

RSPG (Invesco S&P 500 Equal Weight Energy ETF) and RAYS (Global X Solar ETF) are both exchange-traded funds - RSPG is a Energy Equities fund tracking the S&P 500 Equal Weight Energy Plus Index, while RAYS is a Alternative Energy Equities fund tracking the Solactive Solar Index. Both are passively managed. RSPG charges 0.40%/yr vs 0.50%/yr for RAYS.

Performance

RSPG vs. RAYS - 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 Global X Solar ETF (RAYS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

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%

RAYS

• 1D: 0.00%
• 1M: 0.00%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
RAYS Global X Solar ETF	$0.00	$0.00	$0.00
RSPG Invesco S&P 500 Equal Weight Energy ETF	$7.49M	$8.09M	$10.58M

RSPG vs. RAYS - Yearly Performance Comparison

	2026 (YTD)
RSPG Invesco S&P 500 Equal Weight Energy ETF	18.25%
RAYS Global X Solar ETF	0.00%

RSPG vs. RAYS - Sectors Allocation Comparison

Sectors	RSPG	RAYS
Energy	100.0%	-
Financial Services	0.0%	-
Basic Materials	-	0.9%
Communication Services	-	-
Consumer Cyclical	-	4.0%
Consumer Defensive	-	-
Healthcare	-	-
Industrials	-	21.4%
Real Estate	-	-
Technology	-	66.9%
Utilities	-	6.8%

Return for Risk

RSPG vs. RAYS — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

RSPG

RSPG Risk / Return Rank: 78
RSPG Sharpe Ratio Rank: 85
RSPG Sortino Ratio Rank: 79
RSPG Omega Ratio Rank: 77
RSPG Calmar Ratio Rank: 84
RSPG Martin Ratio Rank: 66

RAYS

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

RSPG vs. RAYS - 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 Solar ETF (RAYS). 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	RAYS	Difference
Sharpe ratio: Return per unit of total volatility	1.98	—	—
Sortino ratio: Return per unit of downside risk	2.54	—	—
Omega ratio: Gain probability vs. loss probability	1.32	—	—
Calmar ratio: Return relative to maximum drawdown	3.18	—	—
Martin ratio: Return relative to average drawdown	8.07	—	—

Drawdowns

RSPG vs. RAYS - Drawdown Comparison

The maximum RSPG drawdown since its inception was -79.98%, which is greater than RAYS's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for RSPG and RAYS.

Drawdown Indicators

	RSPG	RAYS	Difference
Max Drawdown Largest peak-to-trough decline	-79.98%	0.00%	-79.98%
Max Drawdown (1Y) Largest decline over 1 year	-13.72%	—	—
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	-4.71%	0.00%	-4.71%
Average Drawdown Average peak-to-trough decline	-25.33%	0.00%	-25.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.43%	—	—

Volatility

Volatility by Period

	RSPG	RAYS	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.13%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.97%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	22.06%	0.00%	+22.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.93%	0.00%	+27.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.44%	0.00%	+33.44%

RSPG vs. RAYS - Expense Ratio Comparison

RSPG has a 0.40% expense ratio, which is lower than RAYS's 0.50% expense ratio.

Dividends

RSPG vs. RAYS - Dividend Comparison

RSPG's dividend yield for the trailing twelve months is around 1.96%, while RAYS has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RAYS Global X Solar ETF	0.00%	0.00%	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

Which ETF is better, RSPG or RAYS?

On fees, RSPG is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RSPG or RAYS?

RSPG is cheaper with a 0.40% expense ratio, compared with 0.50% for RAYS.

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

RSPG has the higher dividend yield at 1.96%, compared with 0.00% for RAYS.

What is the main difference between RSPG and RAYS?

RSPG is categorized as Energy Equities, while RAYS is Alternative Energy Equities. RSPG tracks S&P 500 Equal Weight Energy Plus Index, while RAYS tracks Solactive Solar Index. They also come from different issuers: Invesco and Global X. Their fees differ too: 0.40% for RSPG and 0.50% for RAYS.