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RSPG vs. XES
Performance
Return for Risk
Dividends
Drawdowns
Volatility

RSPG vs. XES

Last updated Apr 1, 2026

Compare and contrast key facts about Invesco S&P 500 Equal Weight Energy ETF (RSPG) and SPDR S&P Oil & Gas Equipment & Services ETF (XES).

RSPG and XES are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RSPG is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weight Energy Plus Index. It was launched on Nov 1, 2006. XES is a passively managed fund by State Street that tracks the performance of the S&P Oil & Gas Equipment & Services Select Industry Index. It was launched on Jun 19, 2006. Both RSPG and XES are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

RSPG vs. XES - 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 SPDR S&P Oil & Gas Equipment & Services ETF (XES). The values are adjusted to include any dividend payments, if applicable.

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RSPG vs. XES - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
RSPG
Invesco S&P 500 Equal Weight Energy ETF		38.21%7.01%6.09%4.49%57.97%57.73%-32.44%13.38%-24.68%-6.39%
XES
SPDR S&P Oil & Gas Equipment & Services ETF		42.33%5.89%-5.44%6.68%62.03%12.00%-43.38%-9.00%-46.99%-21.93%

Returns By Period

In the year-to-date period, RSPG achieves a 38.21% return, which is significantly lower than XES's 42.33% return. Over the past 10 years, RSPG has outperformed XES with an annualized return of 11.62%, while XES has yielded a comparatively lower -2.35% annualized return.

RSPG

1D
-1.17%
1M
10.24%
YTD
38.21%
6M
39.08%
1Y
37.07%
3Y*
20.00%
5Y*
24.76%
10Y*
11.62%

XES

1D
0.91%
1M
3.20%
YTD
42.33%
6M
61.87%
1Y
65.92%
3Y*
17.22%
5Y*
17.28%
10Y*
-2.35%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Invesco S&P 500 Equal Weight Energy ETF

SPDR S&P Oil & Gas Equipment & Services ETF

Often compared with RSPG:
RSPG vs. XLERSPG vs. SCHGRSPG vs. VDERSPG vs. IUES.LRSPG vs. SPYRSPG vs. MLPXRSPG vs. ENFR
Often compared with XES:
XES vs. OIHXES vs. XLEXES vs. IEZXES vs. PSCEXES vs. PXJXES vs. FENYXES vs. USO

RSPG vs. XES - Expense Ratio Comparison

RSPG has a 0.40% expense ratio, which is higher than XES's 0.35% expense ratio.

RSPG
Invesco S&P 500 Equal Weight Energy ETF
XES
SPDR S&P Oil & Gas Equipment & Services ETF

Return for Risk

RSPG vs. XES — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
RSPG
RSPG Risk / Return Rank: 7070
Overall Rank
RSPG Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
RSPG Sortino Ratio Rank: 7171
Sortino Ratio Rank
RSPG Omega Ratio Rank: 7474
Omega Ratio Rank
RSPG Calmar Ratio Rank: 7373
Calmar Ratio Rank
RSPG Martin Ratio Rank: 5555
Martin Ratio Rank
XES
XES Risk / Return Rank: 8181
Overall Rank
XES Sharpe Ratio Rank: 8585
Sharpe Ratio Rank
XES Sortino Ratio Rank: 8282
Sortino Ratio Rank
XES Omega Ratio Rank: 8282
Omega Ratio Rank
XES Calmar Ratio Rank: 8484
Calmar Ratio Rank
XES Martin Ratio Rank: 7373
Martin Ratio Rank
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. XES - 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 SPDR S&P Oil & Gas Equipment & Services ETF (XES). 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.

RSPGXESDifference

Sharpe ratio

Return per unit of total volatility

1.36

1.66

-0.30

Sortino ratio

Return per unit of downside risk

1.76

2.11

-0.35

Omega ratio

Gain probability vs. loss probability

1.27

1.31

-0.04

Calmar ratio

Return relative to maximum drawdown

1.83

2.40

-0.56

Martin ratio

Return relative to average drawdown

5.12

7.21

-2.09

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RSPG vs. XES - Sharpe Ratio Comparison

The current RSPG Sharpe Ratio is 1.36, which is comparable to the XES Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of RSPG and XES, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

RSPGXESDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.36

1.66

-0.30

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.87

0.44

+0.44

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.35

-0.05

+0.40

Sharpe Ratio (All Time)

Calculated using the full available price history

0.19

-0.08

+0.27

Correlation

The correlation between RSPG and XES is 0.87, 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

RSPG vs. XES - Dividend Comparison

RSPG's dividend yield for the trailing twelve months is around 1.89%, more than XES's 1.19% yield.

TTM20252024202320222021202020192018201720162015
RSPG
Invesco S&P 500 Equal Weight Energy ETF		1.89%2.60%2.43%2.84%3.43%2.37%3.15%2.15%2.18%2.55%1.14%2.80%
XES
SPDR S&P Oil & Gas Equipment & Services ETF		1.19%1.69%1.31%0.66%0.36%1.81%1.33%1.43%1.14%1.68%0.64%2.47%

Drawdowns

RSPG vs. XES - Drawdown Comparison

The maximum RSPG drawdown since its inception was -79.98%, smaller than the maximum XES drawdown of -95.65%. Use the drawdown chart below to compare losses from any high point for RSPG and XES.

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Drawdown Indicators

RSPGXESDifference

Max Drawdown

Largest peak-to-trough decline

-79.98%

-95.65%

+15.67%

Max Drawdown (1Y)

Largest decline over 1 year

-21.05%

-27.52%

+6.47%

Max Drawdown (5Y)

Largest decline over 5 years

-28.44%

-45.95%

+17.51%

Max Drawdown (10Y)

Largest decline over 10 years

-73.17%

-91.23%

+18.06%

Current Drawdown

Current decline from peak

-2.90%

-72.51%

+69.61%

Average Drawdown

Average peak-to-trough decline

-25.63%

-54.22%

+28.59%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.54%

9.14%

-1.60%

Volatility

RSPG vs. XES - Volatility Comparison

The current volatility for Invesco S&P 500 Equal Weight Energy ETF (RSPG) is 5.25%, while SPDR S&P Oil & Gas Equipment & Services ETF (XES) has a volatility of 7.76%. This indicates that RSPG experiences smaller price fluctuations and is considered to be less risky than XES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

RSPGXESDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.25%

7.76%

-2.51%

Volatility (6M)

Calculated over the trailing 6-month period

14.93%

22.14%

-7.21%

Volatility (1Y)

Calculated over the trailing 1-year period

27.50%

40.03%

-12.53%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

28.52%

39.84%

-11.32%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

33.57%

45.20%

-11.63%