RSPG vs. SPLV
RSPG (Invesco S&P 500 Equal Weight Energy ETF) and SPLV (Invesco S&P 500 Low Volatility ETF) are both exchange-traded funds - RSPG is a Energy Equities fund tracking the S&P 500 Equal Weight Energy Plus Index, while SPLV is a S&P 500 fund tracking the S&P 500 Low Volatility Index. Both are passively managed. Over the past 10 years, RSPG returned 8.92%/yr vs 8.38%/yr for SPLV. At a 0.37 correlation, their price movements are largely independent. RSPG charges 0.40%/yr vs 0.25%/yr for SPLV.
Performance
RSPG vs. SPLV - Performance Comparison
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Returns By Period
In the year-to-date period, RSPG achieves a 25.57% return, which is significantly higher than SPLV's 5.06% return. Over the past 10 years, RSPG has outperformed SPLV with an annualized return of 8.92%, while SPLV has yielded a comparatively lower 8.38% annualized return.
RSPG
- 1D
- 0.47%
- 1M
- -7.91%
- YTD
- 25.57%
- 6M
- 25.75%
- 1Y
- 34.94%
- 3Y*
- 17.99%
- 5Y*
- 19.92%
- 10Y*
- 8.92%
SPLV
- 1D
- 1.32%
- 1M
- 0.35%
- YTD
- 5.06%
- 6M
- 4.84%
- 1Y
- 4.45%
- 3Y*
- 8.50%
- 5Y*
- 6.37%
- 10Y*
- 8.38%
RSPG vs. SPLV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RSPG Invesco S&P 500 Equal Weight Energy ETF | 25.57% | 7.01% | 6.09% | 4.49% | 57.97% | 57.73% | -32.44% | 13.38% | -24.68% | -6.39% |
SPLV Invesco S&P 500 Low Volatility ETF | 5.06% | 4.10% | 13.93% | 0.53% | -4.88% | 24.13% | -1.39% | 27.87% | -0.19% | 17.32% |
Correlation
The correlation between RSPG and SPLV is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since May 5, 2011 | 0.37 |
Over the past year, the correlation between RSPG and SPLV has dropped to 0.14 - well below their long-term average of 0.37, suggesting their price drivers have been diverging.
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Return for Risk
RSPG vs. SPLV — Risk / Return Rank
RSPG
SPLV
RSPG vs. SPLV - 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 Invesco S&P 500 Low Volatility ETF (SPLV). 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 | SPLV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.17 | ||
| Sortino ratioReturn per unit of downside risk | +1.45 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.08 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.56 | 0.60 | +1.96 |
| Martin ratioReturn relative to average drawdown | 7.56 | 1.39 | +6.17 |
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Drawdowns
RSPG vs. SPLV - Drawdown Comparison
The maximum RSPG drawdown since its inception was -79.98%, which is greater than SPLV's maximum drawdown of -36.26%. Use the drawdown chart below to compare losses from any high point for RSPG and SPLV.
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Drawdown Indicators
| RSPG | SPLV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.98% | -36.26% | -43.72% |
Max Drawdown (1Y)Largest decline over 1 year | -13.72% | -7.41% | -6.31% |
Max Drawdown (3Y)Largest decline over 3 years | -23.06% | -9.64% | -13.42% |
Max Drawdown (5Y)Largest decline over 5 years | -28.44% | -17.26% | -11.18% |
Max Drawdown (10Y)Largest decline over 10 years | -73.17% | -36.26% | -36.91% |
Current DrawdownCurrent decline from peak | -11.78% | -3.47% | -8.31% |
Average DrawdownAverage peak-to-trough decline | -25.42% | -3.55% | -21.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.63% | 3.20% | +1.43% |
Volatility
RSPG vs. SPLV - Volatility Comparison
Invesco S&P 500 Equal Weight Energy ETF (RSPG) has a higher volatility of 7.22% compared to Invesco S&P 500 Low Volatility ETF (SPLV) at 4.26%. This indicates that RSPG's price experiences larger fluctuations and is considered to be riskier than SPLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RSPG | SPLV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.22% | 4.26% | +2.96% |
Volatility (6M)Calculated over the trailing 6-month period | 16.83% | 7.38% | +9.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.09% | 10.28% | +11.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.25% | 12.50% | +15.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.53% | 15.39% | +18.14% |
RSPG vs. SPLV - Expense Ratio Comparison
RSPG has a 0.40% expense ratio, which is higher than SPLV's 0.25% expense ratio.
Dividends
RSPG vs. SPLV - Dividend Comparison
RSPG's dividend yield for the trailing twelve months is around 2.11%, less than SPLV's 2.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RSPG Invesco S&P 500 Equal Weight Energy ETF | 2.11% | 2.60% | 2.43% | 2.84% | 3.43% | 2.37% | 3.15% | 2.15% | 2.18% | 2.55% | 1.14% | 2.80% |
SPLV Invesco S&P 500 Low Volatility ETF | 2.16% | 2.04% | 1.88% | 2.45% | 2.11% | 1.51% | 2.12% | 2.08% | 2.18% | 2.03% | 2.03% | 2.28% |
Frequently Asked Questions
RSPG and SPLV have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RSPG has higher volatility (7.22%) compared to SPLV (4.26%). In terms of maximum drawdown, RSPG dropped -79.98% vs SPLV's -36.26%.
On 10-year performance, RSPG leads with 8.92% vs 8.38% for SPLV. On fees, SPLV is cheaper at 0.25% per year. On volatility, SPLV has been the lower-risk option at 4.26%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, RSPG has performed better with a 8.92% return vs 8.38%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SPLV is cheaper with a 0.25% expense ratio, compared with 0.40% for RSPG.
SPLV has the higher dividend yield at 2.16%, compared with 2.11% for RSPG.
RSPG is categorized as Energy Equities, while SPLV is S&P 500. RSPG tracks S&P 500 Equal Weight Energy Plus Index, while SPLV tracks S&P 500 Low Volatility Index. Their fees differ too: 0.40% for RSPG and 0.25% for SPLV.
RSPG currently has the higher Sharpe Ratio (1.61 vs 0.44), 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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