RSPH vs. IJR

Last updated Jun 25, 2026

RSPH (Invesco S&P 500 Equal Weight Health Care ETF) and IJR (iShares Core S&P Small-Cap ETF) are both exchange-traded funds - RSPH is a Health & Biotech Equities fund tracking the S&P 500 Equal Weighted / Health Care -SEC, while IJR is a Small Cap Blend Equities fund tracking the S&P SmallCap 600 Index. Both are passively managed. Over the past 10 years, RSPH returned 8.88%/yr vs 11.43%/yr for IJR. A 0.67 correlation means they provide meaningful diversification when combined. RSPH charges 0.40%/yr vs 0.06%/yr for IJR.

Performance

RSPH vs. IJR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P 500 Equal Weight Health Care ETF (RSPH) and iShares Core S&P Small-Cap ETF (IJR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RSPH achieves a 1.81% return, which is significantly lower than IJR's 20.72% return. Over the past 10 years, RSPH has underperformed IJR with an annualized return of 8.88%, while IJR has yielded a comparatively higher 11.43% annualized return.

RSPH

• 1D: 1.83%
• 1M: 4.17%
• YTD: 1.81%
• 6M: 0.92%
• 1Y: 12.50%
• 3Y*: 3.98%
• 5Y*: 2.68%
• 10Y*: 8.88%

IJR

• 1D: 1.16%
• 1M: 5.43%
• YTD: 20.72%
• 6M: 17.82%
• 1Y: 34.67%
• 3Y*: 16.60%
• 5Y*: 6.51%
• 10Y*: 11.43%

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

RSPH vs. IJR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RSPH Invesco S&P 500 Equal Weight Health Care ETF	1.81%	9.52%	-0.94%	3.95%	-9.40%	23.19%	18.83%	25.48%	-0.66%	23.70%
IJR iShares Core S&P Small-Cap ETF	20.72%	5.89%	8.63%	16.06%	-16.20%	26.58%	11.28%	22.82%	-8.51%	13.15%

Correlation

The correlation between RSPH and IJR is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.62
Correlation (5Y) Calculated over the trailing 5-year period	0.65
Correlation (10Y) Calculated over the trailing 10-year period	0.64
Correlation (All Time) Calculated using the full available price history since Nov 7, 2006	0.67

The correlation between RSPH and IJR has been stable across timeframes, ranging from 0.60 to 0.67 - a consistent structural relationship.

RSPH vs. IJR - Sectors Allocation Comparison

Sectors	RSPH	IJR
Healthcare	98.4%	11.0%
Financial Services	0.1%	16.0%
Basic Materials	-	4.7%
Communication Services	-	3.2%
Consumer Cyclical	-	12.5%
Consumer Defensive	-	3.2%
Energy	-	6.8%
Industrials	-	16.0%
Real Estate	-	7.5%
Technology	-	15.9%
Utilities	-	1.9%

Return for Risk

RSPH vs. IJR — Risk / Return Rank

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

RSPH

RSPH Risk / Return Rank: 24
RSPH Sharpe Ratio Rank: 24
RSPH Sortino Ratio Rank: 24
RSPH Omega Ratio Rank: 23
RSPH Calmar Ratio Rank: 26
RSPH Martin Ratio Rank: 24

IJR

IJR Risk / Return Rank: 72
IJR Sharpe Ratio Rank: 68
IJR Sortino Ratio Rank: 70
IJR Omega Ratio Rank: 62
IJR Calmar Ratio Rank: 83
IJR Martin Ratio Rank: 78

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.

RSPH vs. IJR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Equal Weight Health Care ETF (RSPH) and iShares Core S&P Small-Cap ETF (IJR). 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.

	RSPH	IJR	Difference
Sharpe ratio: Return per unit of total volatility	0.79	1.97	-1.18
Sortino ratio: Return per unit of downside risk	1.23	2.85	-1.62
Omega ratio: Gain probability vs. loss probability	1.15	1.34	-0.19
Calmar ratio: Return relative to maximum drawdown	1.16	4.01	-2.86
Martin ratio: Return relative to average drawdown	2.83	13.47	-10.64

RSPH vs. IJR - Sharpe Ratio Comparison

The current RSPH Sharpe Ratio is 0.79, which is lower than the IJR Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of RSPH and IJR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RSPH vs. IJR - Drawdown Comparison

The maximum RSPH drawdown since its inception was -40.49%, smaller than the maximum IJR drawdown of -58.15%. Use the drawdown chart below to compare losses from any high point for RSPH and IJR.

Drawdown Indicators

	RSPH	IJR	Difference
Max Drawdown Largest peak-to-trough decline	-40.49%	-58.15%	+17.66%
Max Drawdown (1Y) Largest decline over 1 year	-10.87%	-8.68%	-2.19%
Max Drawdown (3Y) Largest decline over 3 years	-17.13%	-28.02%	+10.89%
Max Drawdown (5Y) Largest decline over 5 years	-21.95%	-28.02%	+6.07%
Max Drawdown (10Y) Largest decline over 10 years	-30.44%	-44.36%	+13.92%
Current Drawdown Current decline from peak	-2.51%	0.00%	-2.51%
Average Drawdown Average peak-to-trough decline	-6.14%	-9.26%	+3.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.43%	2.58%	+1.85%

Volatility

RSPH vs. IJR - Volatility Comparison

Invesco S&P 500 Equal Weight Health Care ETF (RSPH) has a higher volatility of 5.30% compared to iShares Core S&P Small-Cap ETF (IJR) at 5.01%. This indicates that RSPH's price experiences larger fluctuations and is considered to be riskier than IJR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSPH	IJR	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.30%	5.01%	+0.29%
Volatility (6M) Calculated over the trailing 6-month period	10.98%	12.10%	-1.12%
Volatility (1Y) Calculated over the trailing 1-year period	15.96%	17.71%	-1.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.36%	21.40%	-5.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.73%	22.90%	-5.17%

RSPH vs. IJR - Expense Ratio Comparison

RSPH has a 0.40% expense ratio, which is higher than IJR's 0.06% expense ratio.

Dividends

RSPH vs. IJR - Dividend Comparison

RSPH's dividend yield for the trailing twelve months is around 0.72%, less than IJR's 1.14% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IJR iShares Core S&P Small-Cap ETF	1.14%	1.44%	2.05%	1.31%	1.41%	1.53%	1.11%	1.44%	1.58%	1.20%	1.22%	1.48%
RSPH Invesco S&P 500 Equal Weight Health Care ETF	0.72%	0.70%	0.71%	0.66%	0.64%	0.50%	0.51%	0.54%	0.53%	0.47%	0.48%	0.49%

Frequently Asked Questions

Can I hold both RSPH and IJR in my portfolio?

RSPH and IJR have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RSPH or IJR?

RSPH has higher volatility (5.30%) compared to IJR (5.01%). In terms of maximum drawdown, RSPH dropped -40.49% vs IJR's -58.15%.

Which ETF is better, RSPH or IJR?

On 10-year performance, IJR leads with 11.43% vs 8.88% for RSPH. On fees, IJR is cheaper at 0.06% per year. On volatility, IJR has been the lower-risk option at 5.01%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RSPH or IJR?

Over the 10-year period, IJR has performed better with a 11.43% return vs 8.88%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RSPH or IJR?

IJR is cheaper with a 0.06% expense ratio, compared with 0.40% for RSPH.

Which ETF pays a higher dividend yield, RSPH or IJR?

IJR has the higher dividend yield at 1.14%, compared with 0.72% for RSPH.

What is the main difference between RSPH and IJR?

RSPH is categorized as Health & Biotech Equities, while IJR is Small Cap Blend Equities. RSPH tracks S&P 500 Equal Weighted / Health Care -SEC, while IJR tracks S&P SmallCap 600 Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.40% for RSPH and 0.06% for IJR.

Which has better risk-adjusted returns?

IJR currently has the higher Sharpe Ratio (1.97 vs 0.79), 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.