RSPN vs. FSUTX

Last updated Jun 14, 2026

RSPN (Invesco S&P 500® Equal Weight Industrials ETF) and FSUTX (Fidelity Select Utilities Portfolio) are both funds - RSPN is a Industrials Equities fund tracking the S&P 500® Equal Weight Industrials Index, while FSUTX is a Utilities Equities fund actively managed by Fidelity. RSPN is passively managed, while FSUTX is actively managed. Over the past 10 years, RSPN returned 14.69%/yr vs 11.35%/yr for FSUTX. At a 0.48 correlation, their price movements are largely independent. RSPN charges 0.40%/yr vs 0.74%/yr for FSUTX.

Performance

RSPN vs. FSUTX - 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 Fidelity Select Utilities Portfolio (FSUTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RSPN achieves a 9.73% return, which is significantly higher than FSUTX's 3.35% return. Over the past 10 years, RSPN has outperformed FSUTX with an annualized return of 14.69%, while FSUTX has yielded a comparatively lower 11.35% annualized return.

RSPN

• 1D: 0.52%
• 1M: 2.43%
• YTD: 9.73%
• 6M: 8.68%
• 1Y: 20.14%
• 3Y*: 17.65%
• 5Y*: 11.62%
• 10Y*: 14.69%

FSUTX

• 1D: 0.51%
• 1M: -3.70%
• YTD: 3.35%
• 6M: 3.29%
• 1Y: 13.21%
• 3Y*: 16.47%
• 5Y*: 12.32%
• 10Y*: 11.35%

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

RSPN vs. FSUTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RSPN Invesco S&P 500® Equal Weight Industrials ETF	9.73%	13.84%	17.63%	22.32%	-8.79%	26.07%	18.07%	33.17%	-13.23%	23.22%
FSUTX Fidelity Select Utilities Portfolio	3.35%	16.19%	28.76%	-1.12%	5.20%	17.64%	0.75%	22.68%	8.41%	17.94%

Correlation

The correlation between RSPN and FSUTX is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (3Y) Calculated over the trailing 3-year period	0.43
Correlation (5Y) Calculated over the trailing 5-year period	0.50
Correlation (10Y) Calculated over the trailing 10-year period	0.43
Correlation (All Time) Calculated using the full available price history since Nov 7, 2006	0.48

The correlation between RSPN and FSUTX shifts across timeframes, from 0.40 (1 year) to 0.50 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

RSPN vs. FSUTX — Risk / Return Rank

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

RSPN

RSPN Risk / Return Rank: 36
RSPN Sharpe Ratio Rank: 37
RSPN Sortino Ratio Rank: 38
RSPN Omega Ratio Rank: 34
RSPN Calmar Ratio Rank: 35
RSPN Martin Ratio Rank: 38

FSUTX

FSUTX Risk / Return Rank: 18
FSUTX Sharpe Ratio Rank: 16
FSUTX Sortino Ratio Rank: 15
FSUTX Omega Ratio Rank: 15
FSUTX Calmar Ratio Rank: 27
FSUTX Martin Ratio Rank: 16

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. FSUTX - 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 Fidelity Select Utilities Portfolio (FSUTX). 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	FSUTX	Difference
Sharpe ratio: Return per unit of total volatility	1.18	0.86	+0.32
Sortino ratio: Return per unit of downside risk	1.75	1.24	+0.51
Omega ratio: Gain probability vs. loss probability	1.21	1.15	+0.05
Calmar ratio: Return relative to maximum drawdown	1.52	1.52	0.00
Martin ratio: Return relative to average drawdown	5.23	3.41	+1.82

RSPN vs. FSUTX - Sharpe Ratio Comparison

The current RSPN Sharpe Ratio is 1.18, which is higher than the FSUTX Sharpe Ratio of 0.86. The chart below compares the historical Sharpe Ratios of RSPN and FSUTX, 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. FSUTX - Drawdown Comparison

The maximum RSPN drawdown since its inception was -59.61%, smaller than the maximum FSUTX drawdown of -66.73%. Use the drawdown chart below to compare losses from any high point for RSPN and FSUTX.

Drawdown Indicators

	RSPN	FSUTX	Difference
Max Drawdown Largest peak-to-trough decline	-59.61%	-66.73%	+7.12%
Max Drawdown (1Y) Largest decline over 1 year	-12.36%	-9.21%	-3.15%
Max Drawdown (3Y) Largest decline over 3 years	-20.89%	-15.20%	-5.69%
Max Drawdown (5Y) Largest decline over 5 years	-21.88%	-20.15%	-1.73%
Max Drawdown (10Y) Largest decline over 10 years	-42.02%	-37.61%	-4.41%
Current Drawdown Current decline from peak	-2.80%	-7.63%	+4.83%
Average Drawdown Average peak-to-trough decline	-7.67%	-11.25%	+3.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.60%	4.11%	-0.51%

Volatility

RSPN vs. FSUTX - Volatility Comparison

Invesco S&P 500® Equal Weight Industrials ETF (RSPN) and Fidelity Select Utilities Portfolio (FSUTX) have volatilities of 5.84% and 5.96%, 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	FSUTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.84%	5.96%	-0.12%
Volatility (6M) Calculated over the trailing 6-month period	12.80%	13.09%	-0.29%
Volatility (1Y) Calculated over the trailing 1-year period	16.02%	16.35%	-0.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.28%	17.42%	+0.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.39%	19.40%	+0.99%

RSPN vs. FSUTX - Expense Ratio Comparison

RSPN has a 0.40% expense ratio, which is lower than FSUTX's 0.74% expense ratio.

Dividends

RSPN vs. FSUTX - Dividend Comparison

RSPN's dividend yield for the trailing twelve months is around 0.80%, less than FSUTX's 5.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSUTX Fidelity Select Utilities Portfolio	5.08%	6.61%	6.50%	3.52%	4.67%	2.68%	4.86%	2.29%	8.37%	5.61%	2.51%	4.47%
RSPN Invesco S&P 500® Equal Weight Industrials ETF	0.80%	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 FSUTX in my portfolio?

RSPN and FSUTX have a correlation of 0.40, 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 FSUTX?

FSUTX has higher volatility (5.96%) compared to RSPN (5.84%). In terms of maximum drawdown, RSPN dropped -59.61% vs FSUTX's -66.73%.

Which has better risk-adjusted returns?

RSPN currently has the higher Sharpe Ratio (1.18 vs 0.86), 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.