PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
RSPM vs. GOAU
Performance
Return for Risk
Dividends
Drawdowns
Volatility

RSPM vs. GOAU

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco S&P 500® Equal Weight Materials ETF (RSPM) and US Global GO GOLD and Precious Metal Miners ETF (GOAU).

RSPM and GOAU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RSPM is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weight Materials Index. It was launched on Nov 1, 2006. GOAU is a passively managed fund by US Global that tracks the performance of the U.S. Global GO GOLD and Precious Metal Miners Index. It was launched on Jun 27, 2017. Both RSPM and GOAU 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

RSPM vs. GOAU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P 500® Equal Weight Materials ETF (RSPM) and US Global GO GOLD and Precious Metal Miners ETF (GOAU). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

RSPM vs. GOAU - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
RSPM
Invesco S&P 500® Equal Weight Materials ETF		14.63%6.90%-1.30%8.32%-9.95%31.21%22.77%25.11%-14.75%15.56%
GOAU
US Global GO GOLD and Precious Metal Miners ETF		9.07%126.68%13.78%10.67%-11.66%-9.23%14.13%54.17%-11.88%7.92%

Returns By Period

In the year-to-date period, RSPM achieves a 14.63% return, which is significantly higher than GOAU's 9.07% return.

RSPM

1D
0.84%
1M
-3.14%
YTD
14.63%
6M
20.87%
1Y
24.72%
3Y*
8.29%
5Y*
6.52%
10Y*
11.23%

GOAU

1D
4.64%
1M
-17.24%
YTD
9.07%
6M
14.84%
1Y
87.28%
3Y*
39.02%
5Y*
20.93%
10Y*
—
*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 Materials ETF

US Global GO GOLD and Precious Metal Miners ETF

Often compared with RSPM:
RSPM vs. VTVRSPM vs. VOORSPM vs. RSPRRSPM vs. ^GSPCRSPM vs. QQQRSPM vs. PHORSPM vs. XLB
Often compared with GOAU:
GOAU vs. GDXGOAU vs. GLDMGOAU vs. GDGB.LGOAU vs. IAUGOAU vs. GAINGOAU vs. EUSBGOAU vs. XME

RSPM vs. GOAU - Expense Ratio Comparison

RSPM has a 0.40% expense ratio, which is lower than GOAU's 0.60% expense ratio.

GOAU
US Global GO GOLD and Precious Metal Miners ETF
RSPM
Invesco S&P 500® Equal Weight Materials ETF

Return for Risk

RSPM vs. GOAU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
RSPM
RSPM Risk / Return Rank: 5757
Overall Rank
RSPM Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
RSPM Sortino Ratio Rank: 6363
Sortino Ratio Rank
RSPM Omega Ratio Rank: 5555
Omega Ratio Rank
RSPM Calmar Ratio Rank: 5858
Calmar Ratio Rank
RSPM Martin Ratio Rank: 5151
Martin Ratio Rank
GOAU
GOAU Risk / Return Rank: 8383
Overall Rank
GOAU Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
GOAU Sortino Ratio Rank: 8181
Sortino Ratio Rank
GOAU Omega Ratio Rank: 7979
Omega Ratio Rank
GOAU Calmar Ratio Rank: 8686
Calmar Ratio Rank
GOAU Martin Ratio Rank: 8181
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.

RSPM vs. GOAU - 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 US Global GO GOLD and Precious Metal Miners ETF (GOAU). 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.

RSPMGOAUDifference

Sharpe ratio

Return per unit of total volatility

1.09

1.88

-0.78

Sortino ratio

Return per unit of downside risk

1.66

2.17

-0.51

Omega ratio

Gain probability vs. loss probability

1.21

1.32

-0.10

Calmar ratio

Return relative to maximum drawdown

1.60

2.78

-1.18

Martin ratio

Return relative to average drawdown

5.27

9.55

-4.29

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

RSPM vs. GOAU - Sharpe Ratio Comparison

The current RSPM Sharpe Ratio is 1.09, which is lower than the GOAU Sharpe Ratio of 1.88. The chart below compares the historical Sharpe Ratios of RSPM and GOAU, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Loading graphics...

Sharpe Ratios by Period

RSPMGOAUDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.09

1.88

-0.78

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.33

0.58

-0.26

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.51

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.39

0.50

-0.11

Correlation

The correlation between RSPM and GOAU is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

RSPM vs. GOAU - Dividend Comparison

RSPM's dividend yield for the trailing twelve months is around 1.51%, more than GOAU's 0.86% yield.

TTM20252024202320222021202020192018201720162015
RSPM
Invesco S&P 500® Equal Weight Materials ETF		1.51%2.06%2.04%2.05%2.19%1.43%1.57%1.81%1.83%1.50%1.28%1.57%
GOAU
US Global GO GOLD and Precious Metal Miners ETF		0.86%0.94%2.11%0.99%1.55%1.28%0.74%0.16%0.47%0.27%0.00%0.00%

Drawdowns

RSPM vs. GOAU - Drawdown Comparison

The maximum RSPM drawdown since its inception was -61.18%, which is greater than GOAU's maximum drawdown of -55.41%. Use the drawdown chart below to compare losses from any high point for RSPM and GOAU.

Loading graphics...

Drawdown Indicators

RSPMGOAUDifference

Max Drawdown

Largest peak-to-trough decline

-61.18%

-55.41%

-5.77%

Max Drawdown (1Y)

Largest decline over 1 year

-15.67%

-31.15%

+15.48%

Max Drawdown (5Y)

Largest decline over 5 years

-27.19%

-48.52%

+21.33%

Max Drawdown (10Y)

Largest decline over 10 years

-39.84%

—

—

Current Drawdown

Current decline from peak

-5.08%

-17.43%

+12.35%

Average Drawdown

Average peak-to-trough decline

-8.83%

-18.77%

+9.94%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.75%

9.06%

-4.31%

Volatility

RSPM vs. GOAU - Volatility Comparison

The current volatility for Invesco S&P 500® Equal Weight Materials ETF (RSPM) is 6.20%, while US Global GO GOLD and Precious Metal Miners ETF (GOAU) has a volatility of 17.04%. This indicates that RSPM experiences smaller price fluctuations and is considered to be less risky than GOAU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading graphics...

Volatility by Period

RSPMGOAUDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.20%

17.04%

-10.84%

Volatility (6M)

Calculated over the trailing 6-month period

13.59%

39.44%

-25.85%

Volatility (1Y)

Calculated over the trailing 1-year period

22.71%

46.73%

-24.02%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.12%

35.96%

-15.84%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.91%

35.37%

-13.46%