RSPN vs. IVES

Last updated Jun 23, 2026

RSPN (Invesco S&P 500® Equal Weight Industrials ETF) and IVES (Dan IVES Wedbush AI Revolution ETF) are both exchange-traded funds - RSPN is a Industrials Equities fund tracking the S&P 500® Equal Weight Industrials Index, while IVES is a Technology Equities fund tracking the Solactive Wedbush Artificial Intelligence Index. Both are passively managed. Over the past year, RSPN returned 22.27% vs 45.84% for IVES. At a 0.38 correlation, their price movements are largely independent. RSPN charges 0.40%/yr vs 0.75%/yr for IVES.

Performance

RSPN vs. IVES - 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 Dan IVES Wedbush AI Revolution ETF (IVES). 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 IVES's 18.82% 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%

IVES

• 1D: -1.24%
• 1M: 0.83%
• YTD: 18.82%
• 6M: 16.32%
• 1Y: 45.84%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RSPN vs. IVES - Yearly Performance Comparison

	2026 (YTD)	2025
RSPN Invesco S&P 500® Equal Weight Industrials ETF	11.03%	8.59%
IVES Dan IVES Wedbush AI Revolution ETF	18.82%	25.11%

Correlation

The correlation between RSPN and IVES is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.37
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025	0.38

RSPN vs. IVES - Sectors Allocation Comparison

Sectors	RSPN	IVES
Industrials	92.1%	3.1%
Technology	3.8%	71.8%
Consumer Cyclical	2.4%	11.0%
Utilities	1.6%	1.3%
Financial Services	0.1%	1.9%
Basic Materials	-	-
Communication Services	-	10.9%
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Real Estate	-	-

Return for Risk

RSPN vs. IVES — 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

IVES

IVES Risk / Return Rank: 44
IVES Sharpe Ratio Rank: 52
IVES Sortino Ratio Rank: 46
IVES Omega Ratio Rank: 45
IVES Calmar Ratio Rank: 42
IVES Martin Ratio Rank: 37

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. IVES - 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 Dan IVES Wedbush AI Revolution ETF (IVES). 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	IVES	Difference
Sharpe ratio: Return per unit of total volatility	1.40	1.71	-0.31
Sortino ratio: Return per unit of downside risk	2.04	2.23	-0.19
Omega ratio: Gain probability vs. loss probability	1.24	1.29	-0.05
Calmar ratio: Return relative to maximum drawdown	1.81	2.03	-0.22
Martin ratio: Return relative to average drawdown	6.20	5.57	+0.62

RSPN vs. IVES - Sharpe Ratio Comparison

The current RSPN Sharpe Ratio is 1.40, which is comparable to the IVES Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of RSPN and IVES, 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. IVES - Drawdown Comparison

The maximum RSPN drawdown since its inception was -59.61%, which is greater than IVES's maximum drawdown of -22.64%. Use the drawdown chart below to compare losses from any high point for RSPN and IVES.

Drawdown Indicators

	RSPN	IVES	Difference
Max Drawdown Largest peak-to-trough decline	-59.61%	-22.64%	-36.97%
Max Drawdown (1Y) Largest decline over 1 year	-12.36%	-22.64%	+10.28%
Max Drawdown (3Y) Largest decline over 3 years	-20.89%	—	—
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	-1.65%	-9.99%	+8.34%
Average Drawdown Average peak-to-trough decline	-7.66%	-5.80%	-1.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.60%	8.25%	-4.65%

Volatility

RSPN vs. IVES - Volatility Comparison

The current volatility for Invesco S&P 500® Equal Weight Industrials ETF (RSPN) is 5.44%, while Dan IVES Wedbush AI Revolution ETF (IVES) has a volatility of 11.55%. This indicates that RSPN experiences smaller price fluctuations and is considered to be less risky than IVES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSPN	IVES	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.44%	11.55%	-6.11%
Volatility (6M) Calculated over the trailing 6-month period	12.79%	21.29%	-8.50%
Volatility (1Y) Calculated over the trailing 1-year period	16.04%	27.03%	-10.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.26%	26.59%	-8.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.41%	26.59%	-6.18%

RSPN vs. IVES - Expense Ratio Comparison

RSPN has a 0.40% expense ratio, which is lower than IVES's 0.75% expense ratio.

Dividends

RSPN vs. IVES - Dividend Comparison

RSPN's dividend yield for the trailing twelve months is around 1.03%, more than IVES's 0.35% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IVES Dan IVES Wedbush AI Revolution ETF	0.35%	0.41%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
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 IVES in my portfolio?

RSPN and IVES have a correlation of 0.37, 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 IVES?

IVES has higher volatility (11.55%) compared to RSPN (5.44%). In terms of maximum drawdown, RSPN dropped -59.61% vs IVES's -22.64%.

Which ETF is better, RSPN or IVES?

On 1-year performance, IVES leads with 45.84% vs 22.27% for RSPN. On fees, RSPN is cheaper at 0.40% per year. On volatility, RSPN has been the lower-risk option at 5.44%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RSPN or IVES?

Over the 1-year period, IVES has performed better with a 45.84% return vs 22.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RSPN or IVES?

RSPN is cheaper with a 0.40% expense ratio, compared with 0.75% for IVES.

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

RSPN has the higher dividend yield at 1.03%, compared with 0.35% for IVES.

What is the main difference between RSPN and IVES?

RSPN is categorized as Industrials Equities, while IVES is Technology Equities. RSPN tracks S&P 500® Equal Weight Industrials Index, while IVES tracks Solactive Wedbush Artificial Intelligence Index. They also come from different issuers: Invesco and Wedbush. Their fees differ too: 0.40% for RSPN and 0.75% for IVES.

Which has better risk-adjusted returns?

IVES currently has the higher Sharpe Ratio (1.71 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.