RSPN vs. CGDV

Last updated Jun 9, 2026

RSPN (Invesco S&P 500® Equal Weight Industrials ETF) and CGDV (Capital Group Dividend Value ETF) are both exchange-traded funds - RSPN is a Industrials Equities fund tracking the S&P 500® Equal Weight Industrials Index, while CGDV is a Large Cap Value Equities fund actively managed by Capital Group. RSPN is passively managed, while CGDV is actively managed. Over the past 3 years, RSPN returned 17.91%/yr vs 24.27%/yr for CGDV. Their correlation of 0.86 suggests significant overlap in exposure. RSPN charges 0.40%/yr vs 0.33%/yr for CGDV.

Performance

RSPN vs. CGDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P 500® Equal Weight Industrials ETF (RSPN) and Capital Group Dividend Value ETF (CGDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RSPN achieves a 8.05% return, which is significantly lower than CGDV's 10.15% return.

RSPN

• 1D: -0.18%
• 1M: 0.51%
• YTD: 8.05%
• 6M: 8.82%
• 1Y: 16.31%
• 3Y*: 17.91%
• 5Y*: 11.25%
• 10Y*: 14.32%

CGDV

• 1D: 0.13%
• 1M: 1.46%
• YTD: 10.15%
• 6M: 10.88%
• 1Y: 27.58%
• 3Y*: 24.27%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

RSPN vs. CGDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
RSPN Invesco S&P 500® Equal Weight Industrials ETF	8.05%	13.84%	17.63%	22.32%	1.02%
CGDV Capital Group Dividend Value ETF	10.15%	25.50%	20.10%	28.81%	-2.89%

Correlation

The correlation between RSPN and CGDV is 0.72, 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	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (All Time) Calculated using the full available price history since Feb 25, 2022	0.86

The correlation between RSPN and CGDV shifts across timeframes, from 0.72 (1 year) to 0.86 (all time), reflecting how their relationship changes across market environments.

RSPN vs. CGDV - Sectors Allocation Comparison

Sectors	RSPN	CGDV
Industrials	91.8%	13.2%
Technology	4.2%	34.1%
Consumer Cyclical	2.5%	10.6%
Utilities	1.5%	2.1%
Financial Services	0.0%	6.8%
Basic Materials	-	2.9%
Communication Services	-	8.4%
Consumer Defensive	-	5.5%
Energy	-	3.8%
Healthcare	-	11.5%
Real Estate	-	1.1%

Return for Risk

RSPN vs. CGDV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RSPN

RSPN Risk / Return Rank: 32
RSPN Sharpe Ratio Rank: 32
RSPN Sortino Ratio Rank: 33
RSPN Omega Ratio Rank: 30
RSPN Calmar Ratio Rank: 29
RSPN Martin Ratio Rank: 33

CGDV

CGDV Risk / Return Rank: 76
CGDV Sharpe Ratio Rank: 81
CGDV Sortino Ratio Rank: 80
CGDV Omega Ratio Rank: 81
CGDV Calmar Ratio Rank: 63
CGDV Martin Ratio Rank: 77

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.

RSPN vs. CGDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500® Equal Weight Industrials ETF (RSPN) and Capital Group Dividend Value ETF (CGDV). 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.

	RSPN	CGDV	Difference
Sharpe ratio: Return per unit of total volatility	1.07	2.34	-1.28
Sortino ratio: Return per unit of downside risk	1.62	3.20	-1.58
Omega ratio: Gain probability vs. loss probability	1.19	1.44	-0.25
Calmar ratio: Return relative to maximum drawdown	1.33	2.84	-1.52
Martin ratio: Return relative to average drawdown	4.58	13.37	-8.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RSPN vs. CGDV - Sharpe Ratio Comparison

The current RSPN Sharpe Ratio is 1.07, which is lower than the CGDV Sharpe Ratio of 2.34. The chart below compares the historical Sharpe Ratios of RSPN and CGDV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RSPN	CGDV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.07	2.34	-1.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.62	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.71	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	1.21	-0.68

Drawdowns

RSPN vs. CGDV - Drawdown Comparison

The maximum RSPN drawdown since its inception was -59.61%, which is greater than CGDV's maximum drawdown of -21.82%. Use the drawdown chart below to compare losses from any high point for RSPN and CGDV.

Drawdown Indicators

	RSPN	CGDV	Difference
Max Drawdown Largest peak-to-trough decline	-59.61%	-21.82%	-37.79%
Max Drawdown (1Y) Largest decline over 1 year	-12.36%	-9.75%	-2.61%
Max Drawdown (3Y) Largest decline over 3 years	-20.89%	-14.28%	-6.61%
Max Drawdown (5Y) Largest decline over 5 years	-21.88%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-42.02%	—	—
Current Drawdown Current decline from peak	-4.29%	-2.22%	-2.07%
Average Drawdown Average peak-to-trough decline	-7.67%	-3.61%	-4.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.57%	2.07%	+1.50%

Volatility

RSPN vs. CGDV - Volatility Comparison

Invesco S&P 500® Equal Weight Industrials ETF (RSPN) and Capital Group Dividend Value ETF (CGDV) have volatilities of 3.63% and 3.60%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSPN	CGDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.63%	3.60%	+0.03%
Volatility (6M) Calculated over the trailing 6-month period	12.15%	9.47%	+2.68%
Volatility (1Y) Calculated over the trailing 1-year period	15.39%	11.85%	+3.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.18%	15.51%	+2.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.36%	15.51%	+4.85%

RSPN vs. CGDV - Expense Ratio Comparison

RSPN has a 0.40% expense ratio, which is higher than CGDV's 0.33% expense ratio.

Dividends

RSPN vs. CGDV - Dividend Comparison

RSPN's dividend yield for the trailing twelve months is around 0.81%, less than CGDV's 1.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CGDV Capital Group Dividend Value ETF	1.19%	1.29%	1.60%	1.65%	1.36%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RSPN Invesco S&P 500® Equal Weight Industrials ETF	0.81%	0.86%	0.98%	1.06%	1.09%	0.70%	0.96%	1.33%	1.49%	1.12%	1.31%	1.51%

Frequently Asked Questions

Can I hold both RSPN and CGDV in my portfolio?

RSPN and CGDV have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RSPN or CGDV?

RSPN has higher volatility (3.63%) compared to CGDV (3.60%). In terms of maximum drawdown, RSPN dropped -59.61% vs CGDV's -21.82%.

Which ETF is better, RSPN or CGDV?

On 3-year performance, CGDV leads with 24.27% vs 17.91% for RSPN. On fees, CGDV is cheaper at 0.33% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RSPN or CGDV?

Over the 3-year period, CGDV has performed better with a 24.27% return vs 17.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RSPN or CGDV?

CGDV is cheaper with a 0.33% expense ratio, compared with 0.40% for RSPN.

Which ETF pays a higher dividend yield, RSPN or CGDV?

CGDV has the higher dividend yield at 1.19%, compared with 0.81% for RSPN.

What is the main difference between RSPN and CGDV?

RSPN is categorized as Industrials Equities, while CGDV is Large Cap Value Equities. They also come from different issuers: Invesco and Capital Group. Their fees differ too: 0.40% for RSPN and 0.33% for CGDV.

Which has better risk-adjusted returns?

CGDV currently has the higher Sharpe Ratio (2.34 vs 1.07), 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.