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RSPM vs. QVMT
Performance
Return for Risk
Dividends
Drawdowns
Volatility

RSPM vs. QVMT

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco S&P 500® Equal Weight Materials ETF (RSPM) and Invesco S&P S&P 500 Concentrated QVM ETF (QVMT).

RSPM and QVMT 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. QVMT is a passively managed fund by Invesco that tracks the performance of the S&P 500 Quality, Value & Momentum Multi-factor Index. It was launched on Oct 9, 2015. Both RSPM and QVMT 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. QVMT - 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 Invesco S&P S&P 500 Concentrated QVM ETF (QVMT). The values are adjusted to include any dividend payments, if applicable.

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RSPM vs. QVMT - 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%25.87%
QVMT
Invesco S&P S&P 500 Concentrated QVM ETF		5.51%19.08%14.40%11.71%-5.61%35.27%-9.98%28.86%-9.51%18.77%

Returns By Period

In the year-to-date period, RSPM achieves a 14.63% return, which is significantly higher than QVMT's 5.51% return. Over the past 10 years, RSPM has underperformed QVMT with an annualized return of 11.23%, while QVMT has yielded a comparatively higher 12.17% annualized 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%

QVMT

1D
0.76%
1M
-3.49%
YTD
5.51%
6M
10.86%
1Y
18.92%
3Y*
17.49%
5Y*
11.27%
10Y*
12.17%
*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

Invesco S&P S&P 500 Concentrated QVM ETF

Often compared with RSPM:
RSPM vs. VTVRSPM vs. VOORSPM vs. RSPRRSPM vs. QQQRSPM vs. ^GSPCRSPM vs. XLBRSPM vs. PHO
Often compared with QVMT:
QVMT vs. XCLRQVMT vs. IGMQVMT vs. SPMOQVMT vs. QDIVQVMT vs. RSPUQVMT vs. VOOQVMT vs. IVV

RSPM vs. QVMT - Expense Ratio Comparison

RSPM has a 0.40% expense ratio, which is higher than QVMT's 0.13% expense ratio.

RSPM
Invesco S&P 500® Equal Weight Materials ETF
QVMT
Invesco S&P S&P 500 Concentrated QVM ETF

Return for Risk

RSPM vs. QVMT — 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
QVMT
QVMT Risk / Return Rank: 5757
Overall Rank
QVMT Sharpe Ratio Rank: 6060
Sharpe Ratio Rank
QVMT Sortino Ratio Rank: 5858
Sortino Ratio Rank
QVMT Omega Ratio Rank: 5757
Omega Ratio Rank
QVMT Calmar Ratio Rank: 5252
Calmar Ratio Rank
QVMT Martin Ratio Rank: 5757
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. QVMT - 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 Invesco S&P S&P 500 Concentrated QVM ETF (QVMT). 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.

RSPMQVMTDifference

Sharpe ratio

Return per unit of total volatility

1.09

1.14

-0.05

Sortino ratio

Return per unit of downside risk

1.66

1.61

+0.05

Omega ratio

Gain probability vs. loss probability

1.21

1.23

-0.01

Calmar ratio

Return relative to maximum drawdown

1.60

1.54

+0.06

Martin ratio

Return relative to average drawdown

5.27

6.33

-1.06

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. QVMT - Sharpe Ratio Comparison

The current RSPM Sharpe Ratio is 1.09, which is comparable to the QVMT Sharpe Ratio of 1.14. The chart below compares the historical Sharpe Ratios of RSPM and QVMT, 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

RSPMQVMTDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.09

1.14

-0.05

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.33

0.65

-0.33

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.51

0.58

-0.06

Sharpe Ratio (All Time)

Calculated using the full available price history

0.39

0.54

-0.15

Correlation

The correlation between RSPM and QVMT is 0.74, 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

RSPM vs. QVMT - Dividend Comparison

RSPM's dividend yield for the trailing twelve months is around 1.51%, less than QVMT's 2.28% 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%
QVMT
Invesco S&P S&P 500 Concentrated QVM ETF		2.28%2.42%2.71%3.05%2.49%2.31%2.70%2.23%2.48%2.37%1.11%0.54%

Drawdowns

RSPM vs. QVMT - Drawdown Comparison

The maximum RSPM drawdown since its inception was -61.18%, which is greater than QVMT's maximum drawdown of -48.05%. Use the drawdown chart below to compare losses from any high point for RSPM and QVMT.

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Drawdown Indicators

RSPMQVMTDifference

Max Drawdown

Largest peak-to-trough decline

-61.18%

-48.05%

-13.13%

Max Drawdown (1Y)

Largest decline over 1 year

-15.67%

-12.17%

-3.50%

Max Drawdown (5Y)

Largest decline over 5 years

-27.19%

-21.95%

-5.24%

Max Drawdown (10Y)

Largest decline over 10 years

-39.84%

-48.05%

+8.21%

Current Drawdown

Current decline from peak

-5.08%

-3.49%

-1.59%

Average Drawdown

Average peak-to-trough decline

-8.83%

-6.43%

-2.40%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.75%

2.96%

+1.79%

Volatility

RSPM vs. QVMT - Volatility Comparison

Invesco S&P 500® Equal Weight Materials ETF (RSPM) has a higher volatility of 6.20% compared to Invesco S&P S&P 500 Concentrated QVM ETF (QVMT) at 4.26%. This indicates that RSPM's price experiences larger fluctuations and is considered to be riskier than QVMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

RSPMQVMTDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.20%

4.26%

+1.94%

Volatility (6M)

Calculated over the trailing 6-month period

13.59%

9.49%

+4.10%

Volatility (1Y)

Calculated over the trailing 1-year period

22.71%

16.65%

+6.06%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.12%

17.34%

+2.78%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.91%

21.08%

+0.83%