RSPM vs. EART
RSPM (Invesco S&P 500® Equal Weight Materials ETF) and EART (Global X Rare Earth & Critical Materials ETF) are both Materials funds - RSPM tracks the S&P 500 Equal Weight Materials Index while EART tracks the Solactive Rare Earth & Critical Materials Index. Both are passively managed. Over the past 3 years, RSPM returned 10.38%/yr vs 21.49%/yr for EART. A 0.61 correlation means they provide meaningful diversification when combined. RSPM charges 0.40%/yr vs 0.59%/yr for EART.
Performance
RSPM vs. EART - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with RSPM having a 15.54% return and EART slightly lower at 15.33%.
RSPM
- 1D
- -0.21%
- 1M
- -0.70%
- YTD
- 15.54%
- 6M
- 19.82%
- 1Y
- 23.31%
- 3Y*
- 10.38%
- 5Y*
- 4.25%
- 10Y*
- 10.49%
EART
- 1D
- -1.97%
- 1M
- -1.23%
- YTD
- 15.33%
- 6M
- 25.98%
- 1Y
- 109.62%
- 3Y*
- 21.49%
- 5Y*
- —
- 10Y*
- —
RSPM vs. EART - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
RSPM Invesco S&P 500® Equal Weight Materials ETF | 15.54% | 6.90% | -1.30% | 8.32% | -3.49% |
EART Global X Rare Earth & Critical Materials ETF | 15.33% | 98.48% | -7.19% | -19.75% | -16.33% |
Correlation
The correlation between RSPM and EART is 0.56, 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 | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Jan 27, 2022 | 0.61 |
The correlation between RSPM and EART has been stable across timeframes, ranging from 0.56 to 0.61 - a consistent structural relationship.
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Return for Risk
RSPM vs. EART — Risk / Return Rank
RSPM
EART
RSPM vs. EART - 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 Global X Rare Earth & Critical Materials ETF (EART). 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.
| RSPM | EART | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.61 | ||
| Sortino ratioReturn per unit of downside risk | -1.17 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.42 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.90 | 4.23 | -2.33 |
| Martin ratioReturn relative to average drawdown | 5.19 | 13.37 | -8.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RSPM | EART | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.29 | 2.90 | -1.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.21 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.25 | +0.14 |
Drawdowns
RSPM vs. EART - Drawdown Comparison
The maximum RSPM drawdown since its inception was -61.18%, which is greater than EART's maximum drawdown of -53.68%. Use the drawdown chart below to compare losses from any high point for RSPM and EART.
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Drawdown Indicators
| RSPM | EART | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.18% | -53.68% | -7.50% |
Max Drawdown (1Y)Largest decline over 1 year | -12.32% | -26.03% | +13.71% |
Max Drawdown (3Y)Largest decline over 3 years | -27.19% | -37.20% | +10.01% |
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 | -4.32% | -12.64% | +8.32% |
Average DrawdownAverage peak-to-trough decline | -8.79% | -29.14% | +20.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.50% | 8.23% | -3.73% |
Volatility
RSPM vs. EART - Volatility Comparison
The current volatility for Invesco S&P 500® Equal Weight Materials ETF (RSPM) is 5.56%, while Global X Rare Earth & Critical Materials ETF (EART) has a volatility of 11.16%. This indicates that RSPM experiences smaller price fluctuations and is considered to be less risky than EART based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RSPM | EART | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.56% | 11.16% | -5.60% |
Volatility (6M)Calculated over the trailing 6-month period | 13.36% | 31.43% | -18.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.13% | 38.02% | -19.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.12% | 33.97% | -13.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.93% | 33.97% | -12.04% |
RSPM vs. EART - Expense Ratio Comparison
RSPM has a 0.40% expense ratio, which is lower than EART's 0.59% expense ratio.
Dividends
RSPM vs. EART - Dividend Comparison
RSPM's dividend yield for the trailing twelve months is around 1.50%, more than EART's 0.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EART Global X Rare Earth & Critical Materials ETF | 0.56% | 0.65% | 1.06% | 1.83% | 2.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RSPM Invesco S&P 500® Equal Weight Materials ETF | 1.50% | 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
RSPM and EART have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EART has higher volatility (11.16%) compared to RSPM (5.56%). In terms of maximum drawdown, RSPM dropped -61.18% vs EART's -53.68%.
On 3-year performance, EART leads with 21.49% vs 10.38% for RSPM. On fees, RSPM is cheaper at 0.40% per year. On volatility, RSPM has been the lower-risk option at 5.56%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, EART has performed better with a 21.49% return vs 10.38%. 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 0.59% for EART.
RSPM has the higher dividend yield at 1.50%, compared with 0.56% for EART.
RSPM tracks S&P 500 Equal Weight Materials Index, while EART tracks Solactive Rare Earth & Critical Materials Index. They also come from different issuers: Invesco and Global X. Their fees differ too: 0.40% for RSPM and 0.59% for EART.
EART currently has the higher Sharpe Ratio (2.90 vs 1.29), 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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