RSPM vs. DVXB
RSPM (Invesco S&P 500® Equal Weight Materials ETF) and DVXB (WEBs Materials XLB Defined Volatility ETF) are both Materials funds - RSPM tracks the S&P 500 Equal Weight Materials Index while DVXB tracks the Syntax Defined Volatility XLB Index. Both are passively managed. Over the past year, RSPM returned 24.72% vs 20.35% for DVXB. Their 0.96 correlation means they have historically moved very closely together. RSPM charges 0.40%/yr vs 0.89%/yr for DVXB.
Performance
RSPM vs. DVXB - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with RSPM having a 15.29% return and DVXB slightly lower at 15.12%.
RSPM
- 1D
- -1.90%
- 1M
- -1.05%
- 6M
- 5.52%
- YTD
- 15.29%
- 1Y
- 24.72%
- 3Y*
- 6.92%
- 5Y*
- 5.37%
- 10Y*
- 10.47%
- ALL TIME*
- 9.22%
DVXB
- 1D
- -3.82%
- 1M
- -4.08%
- 6M
- -0.84%
- YTD
- 15.12%
- 1Y
- 20.35%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 7.74%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.05K | $1.06K | $4.38K | |
| $1.60M | $1.26M | $779.50K |
RSPM vs. DVXB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
RSPM Invesco S&P 500® Equal Weight Materials ETF | 15.29% | 0.01% |
DVXB WEBs Materials XLB Defined Volatility ETF | 15.12% | -6.27% |
Correlation
The correlation between RSPM and DVXB is 0.96 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.96 |
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025 | 0.96 |
The correlation between RSPM and DVXB has been stable across timeframes, ranging from 0.96 to 0.96 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
RSPM vs. DVXB — Risk / Return Rank
RSPM
DVXB
RSPM vs. DVXB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500® Equal Weight Materials ETF (RSPM) and WEBs Materials XLB Defined Volatility ETF (DVXB). 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.
| RSPM | DVXB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.60 | ||
| Sortino ratioReturn per unit of downside risk | +0.78 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.12 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.81 | 0.91 | +0.90 |
| Martin ratioReturn relative to average drawdown | 5.41 | 2.08 | +3.33 |
Loading charts...
Drawdowns
RSPM vs. DVXB - Drawdown Comparison
The maximum RSPM drawdown since its inception was -61.18%, which is greater than DVXB's maximum drawdown of -19.77%. Use the drawdown chart below to compare losses from any high point for RSPM and DVXB.
Loading charts...
Drawdown Indicators
| RSPM | DVXB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.18% | -19.77% | -41.41% |
Max Drawdown (1Y)Largest decline over 1 year | -12.32% | -19.77% | +7.45% |
Max Drawdown (3Y)Largest decline over 3 years | -27.19% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -27.19% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -39.84% | — | — |
Current DrawdownCurrent decline from peak | -4.53% | -12.78% | +8.25% |
Average DrawdownAverage peak-to-trough decline | -8.76% | -7.54% | -1.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.12% | 8.63% | -4.51% |
Volatility
RSPM vs. DVXB - Volatility Comparison
The current volatility for Invesco S&P 500® Equal Weight Materials ETF (RSPM) is 5.87%, while WEBs Materials XLB Defined Volatility ETF (DVXB) has a volatility of 8.95%. This indicates that RSPM experiences smaller price fluctuations and is considered to be less risky than DVXB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| RSPM | DVXB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.87% | 8.95% | -3.08% |
Volatility (6M)Calculated over the trailing 6-month period | 14.48% | 22.87% | -8.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.80% | 30.49% | -11.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.24% | 30.60% | -10.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.90% | 30.60% | -8.70% |
RSPM vs. DVXB - Expense Ratio Comparison
RSPM has a 0.40% expense ratio, which is lower than DVXB's 0.89% expense ratio.
Dividends
RSPM vs. DVXB - Dividend Comparison
RSPM's dividend yield for the trailing twelve months is around 1.77%, while DVXB has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DVXB WEBs Materials XLB Defined Volatility 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% |
RSPM Invesco S&P 500® Equal Weight Materials ETF | 1.77% | 2.06% | 2.04% | 2.05% | 2.19% | 1.43% | 1.57% | 1.81% | 1.83% | 1.50% | 1.28% | 1.57% |
Frequently Asked Questions
With a correlation of 0.96, RSPM and DVXB 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.
DVXB has higher volatility (8.95%) compared to RSPM (5.87%). In terms of maximum drawdown, RSPM dropped -61.18% vs DVXB's -19.77%.
On 1-year performance, RSPM leads with 24.72% vs 20.35% for DVXB. On fees, RSPM is cheaper at 0.40% per year. On volatility, RSPM has been the lower-risk option at 5.87%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, RSPM has performed better with a 24.72% return vs 20.35%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
RSPM is cheaper with a 0.40% expense ratio, compared with 0.89% for DVXB.
RSPM has the higher dividend yield at 1.77%, compared with 0.00% for DVXB.
RSPM tracks S&P 500 Equal Weight Materials Index, while DVXB tracks Syntax Defined Volatility XLB Index. They also come from different issuers: Invesco and WEBs. Their fees differ too: 0.40% for RSPM and 0.89% for DVXB.
RSPM currently has the higher Sharpe Ratio (1.19 vs 0.59), 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.
Find the right allocation for RSPM and DVXB
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer