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RSPM vs. XLBI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

RSPM vs. XLBI

Last updated Jul 14, 2026
Documentation

RSPM (Invesco S&P 500® Equal Weight Materials ETF) and XLBI (State Street Materials Select Sector SPDR Premium Income ETF) are both exchange-traded funds - RSPM is a Materials fund tracking the S&P 500 Equal Weight Materials Index, while XLBI is a Derivative Income fund actively managed by State Street. RSPM is passively managed, while XLBI is actively managed. Their correlation of 0.92 suggests significant overlap in exposure. RSPM charges 0.40%/yr vs 0.35%/yr for XLBI.

Performance

RSPM vs. XLBI - 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 State Street Materials Select Sector SPDR Premium Income ETF (XLBI). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, RSPM achieves a 13.64% return, which is significantly higher than XLBI's 6.83% return.

RSPM

1D
-0.44%
1M
-3.12%
6M
6.24%
YTD
13.64%
1Y
14.52%
3Y*
7.55%
5Y*
5.27%
10Y*
10.06%

XLBI

1D
-0.90%
1M
-1.70%
6M
4.52%
YTD
6.83%
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

RSPM vs. XLBI - Yearly Performance Comparison

2026 (YTD)2025
RSPM
Invesco S&P 500® Equal Weight Materials ETF		13.64%2.16%
XLBI
State Street Materials Select Sector SPDR Premium Income ETF		6.83%2.25%

Correlation

The correlation between RSPM and XLBI is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (All Time)
Calculated using the full available price history since Jul 30, 2025

0.92

RSPM vs. XLBI - Sectors Allocation Comparison

Sectors
RSPM
XLBI

Basic Materials

79.0%

-

Consumer Cyclical

21.0%

-

Industrials

3.5%

-

Financial Services

0.4%
98.9%

Communication Services

-

-

Consumer Defensive

-

-

Energy

-

-

Healthcare

-

-

Real Estate

-

-

Technology

-

-

Utilities

-

-

Basic Materials

RSPM
79.0%
XLBI

-

Consumer Cyclical

RSPM
21.0%
XLBI

-

Industrials

RSPM
3.5%
XLBI

-

Financial Services

RSPM
0.4%
XLBI
98.9%

Communication Services

RSPM

-

XLBI

-

Consumer Defensive

RSPM

-

XLBI

-

Energy

RSPM

-

XLBI

-

Healthcare

RSPM

-

XLBI

-

Real Estate

RSPM

-

XLBI

-

Technology

RSPM

-

XLBI

-

Utilities

RSPM

-

XLBI

-

Compare stocks, funds, or ETFs

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Invesco S&P 500® Equal Weight Materials ETF

State Street Materials Select Sector SPDR Premium Income ETF

Often compared with RSPM:
RSPM vs. VTVRSPM vs. VOORSPM vs. RSPRRSPM vs. SPYRSPM vs. XLBRSPM vs. QQQRSPM vs. ^GSPC
Often compared with XLBI:
XLBI vs. DVXBXLBI vs. SPYXLBI vs. XLBXLBI vs. BILXLBI vs. GLDXLBI vs. BUYWXLBI vs. SPIN

Return for Risk

RSPM vs. XLBI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
RSPM
RSPM Risk / Return Rank: 2727
Overall Rank
RSPM Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
RSPM Sortino Ratio Rank: 2727
Sortino Ratio Rank
RSPM Omega Ratio Rank: 2525
Omega Ratio Rank
RSPM Calmar Ratio Rank: 3030
Calmar Ratio Rank
RSPM Martin Ratio Rank: 2828
Martin Ratio Rank
XLBI

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. XLBI - 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 State Street Materials Select Sector SPDR Premium Income ETF (XLBI). 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.

RSPMXLBIDifference
Sharpe ratioReturn per unit of total volatility
0.77

—

—

Sortino ratioReturn per unit of downside risk
1.23

—

—

Omega ratioGain probability vs. loss probability

1.14

—

—

Calmar ratioReturn relative to maximum drawdown

1.18

—

—

Martin ratioReturn relative to average drawdown

3.06

—

—

RSPM vs. XLBI - Sharpe Ratio Comparison

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Drawdowns

RSPM vs. XLBI - Drawdown Comparison

The maximum RSPM drawdown since its inception was -61.18%, which is greater than XLBI's maximum drawdown of -10.62%. Use the drawdown chart below to compare losses from any high point for RSPM and XLBI.

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Drawdown Indicators

RSPMXLBIDifference

Max Drawdown

Largest peak-to-trough decline

-61.18%

-10.62%

-50.56%

Max Drawdown (1Y)

Largest decline over 1 year

-12.32%

—

—

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 Drawdown

Current decline from peak

-5.89%

-2.76%

-3.13%

Average Drawdown

Average peak-to-trough decline

-8.77%

-2.10%

-6.67%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.75%

—

—

Volatility

RSPM vs. XLBI - Volatility Comparison

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Volatility by Period

RSPMXLBIDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.25%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

14.20%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

18.87%

13.94%

+4.93%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.22%

13.94%

+6.28%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.87%

13.94%

+7.93%

RSPM vs. XLBI - Expense Ratio Comparison

RSPM has a 0.40% expense ratio, which is higher than XLBI's 0.35% expense ratio.

Dividends

RSPM vs. XLBI - Dividend Comparison

RSPM's dividend yield for the trailing twelve months is around 1.79%, less than XLBI's 14.97% yield.

PositionTTM20252024202320222021202020192018201720162015
RSPM
Invesco S&P 500® Equal Weight Materials ETF		1.79%2.06%2.04%2.05%2.19%1.43%1.57%1.81%1.83%1.50%1.28%1.57%
XLBI
State Street Materials Select Sector SPDR Premium Income ETF		14.97%7.71%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

With a correlation of 0.92, RSPM and XLBI 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.

On fees, XLBI is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

XLBI is cheaper with a 0.35% expense ratio, compared with 0.40% for RSPM.

XLBI has the higher dividend yield at 14.97%, compared with 1.79% for RSPM.

RSPM is categorized as Materials, while XLBI is Derivative Income. They also come from different issuers: Invesco and State Street. Their fees differ too: 0.40% for RSPM and 0.35% for XLBI.

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