RSPN vs. SEA

Last updated Jul 12, 2026

RSPN (Invesco S&P 500® Equal Weight Industrials ETF) and SEA (U.S. Global Sea to Sky Cargo ETF) are both Industrials Equities funds - RSPN tracks the S&P 500® Equal Weight Industrials Index while SEA tracks the U.S. Global Sea to Sky Cargo Index - Benchmark TR Gross. Both are passively managed. Over the past 3 years, RSPN returned 16.11%/yr vs 16.66%/yr for SEA. A 0.53 correlation means they provide meaningful diversification when combined. RSPN charges 0.40%/yr vs 0.60%/yr for SEA.

Performance

RSPN vs. SEA - 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 U.S. Global Sea to Sky Cargo ETF (SEA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RSPN achieves a 12.08% return, which is significantly lower than SEA's 21.70% return.

RSPN

• 1D: 0.45%
• 1M: 2.14%
• 6M: 6.64%
• YTD: 12.08%
• 1Y: 16.22%
• 3Y*: 16.11%
• 5Y*: 12.03%
• 10Y*: 14.46%

SEA

• 1D: 1.31%
• 1M: -1.47%
• 6M: 16.80%
• YTD: 21.70%
• 1Y: 28.70%
• 3Y*: 16.66%
• 5Y*: —
• 10Y*: —

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

RSPN vs. SEA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
RSPN Invesco S&P 500® Equal Weight Industrials ETF	12.08%	13.84%	17.63%	22.32%	-5.38%
SEA U.S. Global Sea to Sky Cargo ETF	21.70%	16.78%	2.52%	19.33%	-18.36%

Correlation

The correlation between RSPN and SEA is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (3Y) Calculated over the trailing 3-year period	0.44
Correlation (All Time) Calculated using the full available price history since Jan 20, 2022	0.53

The correlation between RSPN and SEA has been stable across timeframes, ranging from 0.44 to 0.53 - a consistent structural relationship.

RSPN vs. SEA - Sectors Allocation Comparison

Sectors	RSPN	SEA
Industrials	86.6%	89.6%
Technology	4.5%	0.1%
Basic Materials	2.5%	-
Consumer Cyclical	2.4%	-
Utilities	1.5%	-
Financial Services	0.1%	-
Communication Services	-	0.0%
Consumer Defensive	-	-
Energy	-	8.4%
Healthcare	-	-
Real Estate	-	-

Return for Risk

RSPN vs. SEA — 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: 32
RSPN Omega Ratio Rank: 29
RSPN Calmar Ratio Rank: 31
RSPN Martin Ratio Rank: 35

SEA

SEA Risk / Return Rank: 65
SEA Sharpe Ratio Rank: 65
SEA Sortino Ratio Rank: 66
SEA Omega Ratio Rank: 60
SEA Calmar Ratio Rank: 67
SEA Martin Ratio Rank: 68

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. SEA - 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 U.S. Global Sea to Sky Cargo ETF (SEA). 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	SEA	Difference
Sharpe ratio: Return per unit of total volatility	0.95	1.70	-0.75
Sortino ratio: Return per unit of downside risk	1.45	2.44	-1.00
Omega ratio: Gain probability vs. loss probability	1.17	1.29	-0.12
Calmar ratio: Return relative to maximum drawdown	1.24	2.69	-1.45
Martin ratio: Return relative to average drawdown	4.24	9.82	-5.58

RSPN vs. SEA - Sharpe Ratio Comparison

The current RSPN Sharpe Ratio is 0.95, which is lower than the SEA Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of RSPN and SEA, 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. SEA - Drawdown Comparison

The maximum RSPN drawdown since its inception was -59.61%, which is greater than SEA's maximum drawdown of -39.53%. Use the drawdown chart below to compare losses from any high point for RSPN and SEA.

Drawdown Indicators

	RSPN	SEA	Difference
Max Drawdown Largest peak-to-trough decline	-59.61%	-39.53%	-20.08%
Max Drawdown (1Y) Largest decline over 1 year	-12.36%	-10.67%	-1.69%
Max Drawdown (3Y) Largest decline over 3 years	-20.89%	-32.42%	+11.53%
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	-1.71%	-2.34%	+0.63%
Average Drawdown Average peak-to-trough decline	-7.64%	-14.08%	+6.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.62%	2.92%	+0.70%

Volatility

RSPN vs. SEA - Volatility Comparison

Invesco S&P 500® Equal Weight Industrials ETF (RSPN) and U.S. Global Sea to Sky Cargo ETF (SEA) have volatilities of 6.13% and 6.02%, 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	SEA	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.13%	6.02%	+0.11%
Volatility (6M) Calculated over the trailing 6-month period	12.92%	13.14%	-0.22%
Volatility (1Y) Calculated over the trailing 1-year period	16.20%	16.95%	-0.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.28%	21.62%	-3.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.32%	21.62%	-1.30%

RSPN vs. SEA - Expense Ratio Comparison

RSPN has a 0.40% expense ratio, which is lower than SEA's 0.60% expense ratio.

Dividends

RSPN vs. SEA - Dividend Comparison

RSPN's dividend yield for the trailing twelve months is around 0.82%, less than SEA's 5.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RSPN Invesco S&P 500® Equal Weight Industrials ETF	0.82%	0.86%	0.98%	1.06%	1.09%	0.70%	0.96%	1.33%	1.49%	1.12%	1.31%	1.51%
SEA U.S. Global Sea to Sky Cargo ETF	5.55%	6.76%	18.47%	9.85%	18.73%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RSPN and SEA in my portfolio?

RSPN and SEA have a correlation of 0.49, 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 SEA?

RSPN has higher volatility (6.13%) compared to SEA (6.02%). In terms of maximum drawdown, RSPN dropped -59.61% vs SEA's -39.53%.

Which ETF is better, RSPN or SEA?

On 3-year performance, SEA leads with 16.66% vs 16.11% for RSPN. On fees, RSPN is cheaper at 0.40% per year. On volatility, SEA has been the lower-risk option at 6.02%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RSPN or SEA?

Over the 3-year period, SEA has performed better with a 16.66% return vs 16.11%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RSPN or SEA?

RSPN is cheaper with a 0.40% expense ratio, compared with 0.60% for SEA.

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

SEA has the higher dividend yield at 5.55%, compared with 0.82% for RSPN.

What is the main difference between RSPN and SEA?

RSPN tracks S&P 500® Equal Weight Industrials Index, while SEA tracks U.S. Global Sea to Sky Cargo Index - Benchmark TR Gross. They also come from different issuers: Invesco and US Global. Their fees differ too: 0.40% for RSPN and 0.60% for SEA.

Which has better risk-adjusted returns?

SEA currently has the higher Sharpe Ratio (1.70 vs 0.95), 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.