RSPM vs. RSPR
RSPM (Invesco S&P 500® Equal Weight Materials ETF) and RSPR (Invesco S&P 500 Equal Weight Real Estate ETF) are both exchange-traded funds - RSPM is a Materials fund tracking the S&P 500 Equal Weight Materials Index, while RSPR is a REIT fund tracking the S&P 500 Equal Weighted / Real Estate - SEC. Both are passively managed. Over the past 10 years, RSPM returned 10.47%/yr vs 5.63%/yr for RSPR. Their 0.50 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.40% expense ratio.
Performance
RSPM vs. RSPR - Performance Comparison
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Returns By Period
In the year-to-date period, RSPM achieves a 15.29% return, which is significantly higher than RSPR's 12.19% return. Over the past 10 years, RSPM has outperformed RSPR with an annualized return of 10.47%, while RSPR has yielded a comparatively lower 5.63% annualized return.
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%
RSPR
- 1D
- -0.04%
- 1M
- 0.06%
- 6M
- 9.67%
- YTD
- 12.19%
- 1Y
- 10.49%
- 3Y*
- 8.06%
- 5Y*
- 2.39%
- 10Y*
- 5.63%
- ALL TIME*
- 6.62%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.60M | $1.26M | $779.50K | |
| $510.77K | $450.22K | $625.86K |
RSPM vs. RSPR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RSPM Invesco S&P 500® Equal Weight Materials ETF | 15.29% | 6.90% | -1.30% | 8.32% | -9.95% | 31.21% | 22.77% | 25.11% | -14.75% | 25.87% |
RSPR Invesco S&P 500 Equal Weight Real Estate ETF | 12.19% | -1.88% | 8.61% | 11.59% | -25.16% | 49.61% | -2.90% | 24.62% | -4.11% | 8.76% |
Correlation
The correlation between RSPM and RSPR is 0.48, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.48 |
Correlation (3Y) Balances recent behavior with more history. | 0.57 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.61 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.53 |
Correlation (All Time) Calculated using the full available price history since Aug 14, 2015 | 0.50 |
The correlation between RSPM and RSPR shifts across timeframes, from 0.48 (1 year) to 0.61 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
RSPM vs. RSPR — Risk / Return Rank
RSPM
RSPR
RSPM vs. RSPR - 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 500 Equal Weight Real Estate ETF (RSPR). 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 | RSPR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.49 | ||
| Sortino ratioReturn per unit of downside risk | +0.74 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.13 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.81 | 1.16 | +0.65 |
| Martin ratioReturn relative to average drawdown | 5.41 | 2.94 | +2.47 |
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Drawdowns
RSPM vs. RSPR - Drawdown Comparison
The maximum RSPM drawdown since its inception was -61.18%, which is greater than RSPR's maximum drawdown of -41.96%. Use the drawdown chart below to compare losses from any high point for RSPM and RSPR.
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Drawdown Indicators
| RSPM | RSPR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.18% | -41.96% | -19.22% |
Max Drawdown (1Y)Largest decline over 1 year | -12.32% | -8.71% | -3.61% |
Max Drawdown (3Y)Largest decline over 3 years | -27.19% | -17.78% | -9.41% |
Max Drawdown (5Y)Largest decline over 5 years | -27.19% | -33.03% | +5.84% |
Max Drawdown (10Y)Largest decline over 10 years | -39.84% | -41.96% | +2.12% |
Current DrawdownCurrent decline from peak | -4.53% | -2.06% | -2.47% |
Average DrawdownAverage peak-to-trough decline | -8.76% | -9.28% | +0.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.12% | 3.43% | +0.69% |
Volatility
RSPM vs. RSPR - Volatility Comparison
Invesco S&P 500® Equal Weight Materials ETF (RSPM) has a higher volatility of 5.87% compared to Invesco S&P 500 Equal Weight Real Estate ETF (RSPR) at 4.39%. This indicates that RSPM's price experiences larger fluctuations and is considered to be riskier than RSPR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RSPM | RSPR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.87% | 4.39% | +1.48% |
Volatility (6M)Calculated over the trailing 6-month period | 14.48% | 11.05% | +3.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.80% | 14.61% | +4.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.24% | 19.15% | +1.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.90% | 21.40% | +0.50% |
RSPM vs. RSPR - Expense Ratio Comparison
Both RSPM and RSPR have an expense ratio of 0.40%.
Dividends
RSPM vs. RSPR - Dividend Comparison
RSPM's dividend yield for the trailing twelve months is around 1.77%, less than RSPR's 2.80% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
RSPR Invesco S&P 500 Equal Weight Real Estate ETF | 2.80% | 2.70% | 2.58% | 2.91% | 3.14% | 2.56% | 3.82% | 2.48% | 3.02% | 3.01% | 2.06% | 1.03% |
Frequently Asked Questions
RSPM and RSPR have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RSPM has higher volatility (5.87%) compared to RSPR (4.39%). In terms of maximum drawdown, RSPM dropped -61.18% vs RSPR's -41.96%.
On 10-year performance, RSPM leads with 10.47% vs 5.63% for RSPR. Both ETFs have the same 0.40% expense ratio. On volatility, RSPR has been the lower-risk option at 4.39%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, RSPM has performed better with a 10.47% return vs 5.63%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
RSPM and RSPR have the same expense ratio: 0.40% per year.
RSPR has the higher dividend yield at 2.80%, compared with 1.77% for RSPM.
RSPM is categorized as Materials, while RSPR is REIT. RSPM tracks S&P 500 Equal Weight Materials Index, while RSPR tracks S&P 500 Equal Weighted / Real Estate - SEC.
RSPM currently has the higher Sharpe Ratio (1.19 vs 0.70), 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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