RSPN vs. EVX

Last updated Jun 23, 2026

RSPN (Invesco S&P 500® Equal Weight Industrials ETF) and EVX (VanEck Vectors Environmental Services ETF) are both Industrials Equities funds - RSPN tracks the S&P 500® Equal Weight Industrials Index while EVX tracks the NYSE Arca Environmental Services Index. Both are passively managed. Over the past 10 years, RSPN returned 15.13%/yr vs 12.18%/yr for EVX. A 0.66 correlation means they provide meaningful diversification when combined. RSPN charges 0.40%/yr vs 0.55%/yr for EVX.

Performance

RSPN vs. EVX - 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 VanEck Vectors Environmental Services ETF (EVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RSPN achieves a 11.03% return, which is significantly higher than EVX's 4.05% return. Over the past 10 years, RSPN has outperformed EVX with an annualized return of 15.13%, while EVX has yielded a comparatively lower 12.18% annualized return.

RSPN

• 1D: 0.31%
• 1M: 4.48%
• YTD: 11.03%
• 6M: 9.28%
• 1Y: 22.27%
• 3Y*: 18.21%
• 5Y*: 12.23%
• 10Y*: 15.13%

EVX

• 1D: -0.44%
• 1M: 1.65%
• YTD: 4.05%
• 6M: 2.79%
• 1Y: 5.55%
• 3Y*: 9.69%
• 5Y*: 7.63%
• 10Y*: 12.18%

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

RSPN vs. EVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RSPN Invesco S&P 500® Equal Weight Industrials ETF	11.03%	13.84%	17.63%	22.32%	-8.79%	26.07%	18.07%	33.17%	-13.23%	23.22%
EVX VanEck Vectors Environmental Services ETF	4.05%	11.72%	12.99%	12.97%	-10.58%	27.47%	13.28%	28.41%	-3.82%	16.05%

Correlation

The correlation between RSPN and EVX is 0.77, 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	0.77
Correlation (3Y) Calculated over the trailing 3-year period	0.77
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (10Y) Calculated over the trailing 10-year period	0.74
Correlation (All Time) Calculated using the full available price history since Nov 7, 2006	0.66

The correlation between RSPN and EVX shifts across timeframes, from 0.66 (all time) to 0.81 (5 years), reflecting how their relationship changes across market environments.

RSPN vs. EVX - Sectors Allocation Comparison

Sectors	RSPN	EVX
Industrials	92.1%	85.3%
Technology	3.8%	-
Consumer Cyclical	2.4%	-
Utilities	1.6%	2.1%
Financial Services	0.1%	-
Basic Materials	-	7.6%
Communication Services	-	-
Consumer Defensive	-	4.9%
Energy	-	-0.0%
Healthcare	-	-
Real Estate	-	-

Return for Risk

RSPN vs. EVX — Risk / Return Rank

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

RSPN

RSPN Risk / Return Rank: 39
RSPN Sharpe Ratio Rank: 41
RSPN Sortino Ratio Rank: 41
RSPN Omega Ratio Rank: 37
RSPN Calmar Ratio Rank: 37
RSPN Martin Ratio Rank: 40

EVX

EVX Risk / Return Rank: 14
EVX Sharpe Ratio Rank: 14
EVX Sortino Ratio Rank: 13
EVX Omega Ratio Rank: 13
EVX Calmar Ratio Rank: 14
EVX Martin Ratio Rank: 14

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. EVX - 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 VanEck Vectors Environmental Services ETF (EVX). 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.

	RSPN	EVX	Difference
Sharpe ratio: Return per unit of total volatility	1.40	0.41	+0.99
Sortino ratio: Return per unit of downside risk	2.04	0.65	+1.38
Omega ratio: Gain probability vs. loss probability	1.24	1.08	+0.16
Calmar ratio: Return relative to maximum drawdown	1.81	0.51	+1.30
Martin ratio: Return relative to average drawdown	6.20	1.16	+5.04

RSPN vs. EVX - Sharpe Ratio Comparison

The current RSPN Sharpe Ratio is 1.40, which is higher than the EVX Sharpe Ratio of 0.41. The chart below compares the historical Sharpe Ratios of RSPN and EVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RSPN vs. EVX - Drawdown Comparison

The maximum RSPN drawdown since its inception was -59.61%, which is greater than EVX's maximum drawdown of -55.91%. Use the drawdown chart below to compare losses from any high point for RSPN and EVX.

Drawdown Indicators

	RSPN	EVX	Difference
Max Drawdown Largest peak-to-trough decline	-59.61%	-55.91%	-3.70%
Max Drawdown (1Y) Largest decline over 1 year	-12.36%	-10.85%	-1.51%
Max Drawdown (3Y) Largest decline over 3 years	-20.89%	-19.33%	-1.56%
Max Drawdown (5Y) Largest decline over 5 years	-21.88%	-21.45%	-0.43%
Max Drawdown (10Y) Largest decline over 10 years	-42.02%	-41.01%	-1.01%
Current Drawdown Current decline from peak	-1.65%	-6.00%	+4.35%
Average Drawdown Average peak-to-trough decline	-7.66%	-8.75%	+1.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.60%	4.80%	-1.20%

Volatility

RSPN vs. EVX - Volatility Comparison

Invesco S&P 500® Equal Weight Industrials ETF (RSPN) has a higher volatility of 5.44% compared to VanEck Vectors Environmental Services ETF (EVX) at 3.96%. This indicates that RSPN's price experiences larger fluctuations and is considered to be riskier than EVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSPN	EVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.44%	3.96%	+1.48%
Volatility (6M) Calculated over the trailing 6-month period	12.79%	10.06%	+2.73%
Volatility (1Y) Calculated over the trailing 1-year period	16.04%	13.75%	+2.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.26%	17.60%	+0.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.41%	20.26%	+0.15%

RSPN vs. EVX - Expense Ratio Comparison

RSPN has a 0.40% expense ratio, which is lower than EVX's 0.55% expense ratio.

Dividends

RSPN vs. EVX - Dividend Comparison

RSPN's dividend yield for the trailing twelve months is around 1.03%, more than EVX's 0.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EVX VanEck Vectors Environmental Services ETF	0.18%	0.19%	0.46%	0.95%	0.41%	0.24%	0.32%	0.38%	0.38%	0.89%	0.70%	1.16%
RSPN Invesco S&P 500® Equal Weight Industrials ETF	1.03%	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 EVX in my portfolio?

RSPN and EVX have a correlation of 0.77, 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 EVX?

RSPN has higher volatility (5.44%) compared to EVX (3.96%). In terms of maximum drawdown, RSPN dropped -59.61% vs EVX's -55.91%.

Which ETF is better, RSPN or EVX?

On 10-year performance, RSPN leads with 15.13% vs 12.18% for EVX. On fees, RSPN is cheaper at 0.40% per year. On volatility, EVX has been the lower-risk option at 3.96%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RSPN or EVX?

Over the 10-year period, RSPN has performed better with a 15.13% return vs 12.18%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RSPN or EVX?

RSPN is cheaper with a 0.40% expense ratio, compared with 0.55% for EVX.

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

RSPN has the higher dividend yield at 1.03%, compared with 0.18% for EVX.

What is the main difference between RSPN and EVX?

RSPN tracks S&P 500® Equal Weight Industrials Index, while EVX tracks NYSE Arca Environmental Services Index. They also come from different issuers: Invesco and VanEck. Their fees differ too: 0.40% for RSPN and 0.55% for EVX.

Which has better risk-adjusted returns?

RSPN currently has the higher Sharpe Ratio (1.40 vs 0.41), 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.