RSPN vs. EXI

Last updated Jun 23, 2026

RSPN (Invesco S&P 500® Equal Weight Industrials ETF) and EXI (iShares Global Industrials ETF) are both Industrials Equities funds - RSPN tracks the S&P 500® Equal Weight Industrials Index while EXI tracks the S&P Global 1200 / Industrials -SEC. Both are passively managed. Over the past 10 years, RSPN returned 15.13%/yr vs 13.30%/yr for EXI. Their correlation of 0.83 suggests significant overlap in exposure. RSPN charges 0.40%/yr vs 0.43%/yr for EXI.

Performance

RSPN vs. EXI - 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 iShares Global Industrials ETF (EXI). 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 lower than EXI's 14.80% return. Over the past 10 years, RSPN has outperformed EXI with an annualized return of 15.13%, while EXI has yielded a comparatively lower 13.30% 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%

EXI

• 1D: 0.59%
• 1M: 4.27%
• YTD: 14.80%
• 6M: 14.21%
• 1Y: 27.99%
• 3Y*: 21.35%
• 5Y*: 12.62%
• 10Y*: 13.30%

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

RSPN vs. EXI - 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%
EXI iShares Global Industrials ETF	14.80%	25.88%	12.47%	22.04%	-12.36%	17.37%	11.33%	27.13%	-14.41%	25.16%

Correlation

The correlation between RSPN and EXI is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.87
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (10Y) Calculated over the trailing 10-year period	0.91
Correlation (All Time) Calculated using the full available price history since Nov 7, 2006	0.83

The correlation between RSPN and EXI has been stable across timeframes, ranging from 0.83 to 0.91 - a consistent structural relationship.

RSPN vs. EXI - Sectors Allocation Comparison

Sectors	RSPN	EXI
Industrials	92.1%	94.4%
Technology	3.8%	4.0%
Consumer Cyclical	2.4%	0.2%
Utilities	1.6%	2.6%
Financial Services	0.1%	0.1%
Basic Materials	-	0.2%
Communication Services	-	1.1%
Consumer Defensive	-	0.1%
Energy	-	-
Healthcare	-	-
Real Estate	-	-

Return for Risk

RSPN vs. EXI — 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

EXI

EXI Risk / Return Rank: 51
EXI Sharpe Ratio Rank: 51
EXI Sortino Ratio Rank: 52
EXI Omega Ratio Rank: 50
EXI Calmar Ratio Rank: 47
EXI Martin Ratio Rank: 54

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. EXI - 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 iShares Global Industrials ETF (EXI). 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	EXI	Difference
Sharpe ratio: Return per unit of total volatility	1.40	1.70	-0.30
Sortino ratio: Return per unit of downside risk	2.04	2.47	-0.43
Omega ratio: Gain probability vs. loss probability	1.24	1.31	-0.07
Calmar ratio: Return relative to maximum drawdown	1.81	2.28	-0.47
Martin ratio: Return relative to average drawdown	6.20	9.05	-2.86

RSPN vs. EXI - Sharpe Ratio Comparison

The current RSPN Sharpe Ratio is 1.40, which is comparable to the EXI Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of RSPN and EXI, 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. EXI - Drawdown Comparison

The maximum RSPN drawdown since its inception was -59.61%, roughly equal to the maximum EXI drawdown of -62.60%. Use the drawdown chart below to compare losses from any high point for RSPN and EXI.

Drawdown Indicators

	RSPN	EXI	Difference
Max Drawdown Largest peak-to-trough decline	-59.61%	-62.60%	+2.99%
Max Drawdown (1Y) Largest decline over 1 year	-12.36%	-12.35%	-0.01%
Max Drawdown (3Y) Largest decline over 3 years	-20.89%	-14.38%	-6.51%
Max Drawdown (5Y) Largest decline over 5 years	-21.88%	-27.23%	+5.35%
Max Drawdown (10Y) Largest decline over 10 years	-42.02%	-39.56%	-2.46%
Current Drawdown Current decline from peak	-1.65%	0.00%	-1.65%
Average Drawdown Average peak-to-trough decline	-7.66%	-9.95%	+2.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.60%	3.10%	+0.50%

Volatility

RSPN vs. EXI - Volatility Comparison

Invesco S&P 500® Equal Weight Industrials ETF (RSPN) and iShares Global Industrials ETF (EXI) have volatilities of 5.44% and 5.48%, 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	EXI	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.44%	5.48%	-0.04%
Volatility (6M) Calculated over the trailing 6-month period	12.79%	14.00%	-1.21%
Volatility (1Y) Calculated over the trailing 1-year period	16.04%	16.60%	-0.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.26%	17.09%	+1.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.41%	18.45%	+1.96%

RSPN vs. EXI - Expense Ratio Comparison

RSPN has a 0.40% expense ratio, which is lower than EXI's 0.43% expense ratio.

Dividends

RSPN vs. EXI - Dividend Comparison

RSPN's dividend yield for the trailing twelve months is around 1.03%, less than EXI's 1.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EXI iShares Global Industrials ETF	1.06%	1.32%	1.47%	1.84%	1.63%	1.42%	1.26%	1.72%	2.21%	1.48%	1.75%	1.95%
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 EXI in my portfolio?

RSPN and EXI have a correlation of 0.87, 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 EXI?

EXI has higher volatility (5.48%) compared to RSPN (5.44%). In terms of maximum drawdown, RSPN dropped -59.61% vs EXI's -62.60%.

Which ETF is better, RSPN or EXI?

On 10-year performance, RSPN leads with 15.13% vs 13.30% for EXI. On fees, RSPN is cheaper at 0.40% 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 EXI?

Over the 10-year period, RSPN has performed better with a 15.13% return vs 13.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RSPN or EXI?

RSPN is cheaper with a 0.40% expense ratio, compared with 0.43% for EXI.

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

EXI has the higher dividend yield at 1.06%, compared with 1.03% for RSPN.

What is the main difference between RSPN and EXI?

RSPN tracks S&P 500® Equal Weight Industrials Index, while EXI tracks S&P Global 1200 / Industrials -SEC. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.40% for RSPN and 0.43% for EXI.

Which has better risk-adjusted returns?

EXI currently has the higher Sharpe Ratio (1.70 vs 1.40), 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.