RSPN vs. SOXQ

Last updated Jun 23, 2026

RSPN (Invesco S&P 500® Equal Weight Industrials ETF) and SOXQ (Invesco PHLX Semiconductor ETF) are both exchange-traded funds - RSPN is a Industrials Equities fund tracking the S&P 500® Equal Weight Industrials Index, while SOXQ is a Semiconductors fund tracking the PHLX Semiconductor Sector Index. Both are passively managed. Over the past 5 years, RSPN returned 12.23%/yr vs 36.75%/yr for SOXQ. A 0.60 correlation means they provide meaningful diversification when combined. RSPN charges 0.40%/yr vs 0.19%/yr for SOXQ.

Performance

RSPN vs. SOXQ - 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 Invesco PHLX Semiconductor ETF (SOXQ). 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 SOXQ's 106.78% 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%

SOXQ

• 1D: 2.14%
• 1M: 19.93%
• YTD: 106.78%
• 6M: 105.09%
• 1Y: 181.98%
• 3Y*: 61.94%
• 5Y*: 36.75%
• 10Y*: —

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

RSPN vs. SOXQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
RSPN Invesco S&P 500® Equal Weight Industrials ETF	11.03%	13.84%	17.63%	22.32%	-8.79%	6.03%
SOXQ Invesco PHLX Semiconductor ETF	106.78%	43.11%	20.16%	66.74%	-35.59%	25.19%

Correlation

The correlation between RSPN and SOXQ is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (5Y) Calculated over the trailing 5-year period	0.60
Correlation (All Time) Calculated using the full available price history since Jun 11, 2021	0.60

The correlation between RSPN and SOXQ shifts across timeframes, from 0.47 (1 year) to 0.60 (5 years), reflecting how their relationship changes across market environments.

RSPN vs. SOXQ - Sectors Allocation Comparison

Sectors	RSPN	SOXQ
Industrials	92.1%	-
Technology	3.8%	100.0%
Consumer Cyclical	2.4%	-
Utilities	1.6%	-
Financial Services	0.1%	0.1%
Basic Materials	-	-
Communication Services	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Real Estate	-	-

Return for Risk

RSPN vs. SOXQ — 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

SOXQ

SOXQ Risk / Return Rank: 96
SOXQ Sharpe Ratio Rank: 98
SOXQ Sortino Ratio Rank: 94
SOXQ Omega Ratio Rank: 94
SOXQ Calmar Ratio Rank: 98
SOXQ Martin Ratio Rank: 97

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. SOXQ - 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 Invesco PHLX Semiconductor ETF (SOXQ). 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	SOXQ	Difference
Sharpe ratio: Return per unit of total volatility	1.40	4.83	-3.44
Sortino ratio: Return per unit of downside risk	2.04	4.58	-2.54
Omega ratio: Gain probability vs. loss probability	1.24	1.65	-0.41
Calmar ratio: Return relative to maximum drawdown	1.81	11.75	-9.94
Martin ratio: Return relative to average drawdown	6.20	42.46	-36.26

RSPN vs. SOXQ - Sharpe Ratio Comparison

The current RSPN Sharpe Ratio is 1.40, which is lower than the SOXQ Sharpe Ratio of 4.83. The chart below compares the historical Sharpe Ratios of RSPN and SOXQ, 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. SOXQ - Drawdown Comparison

The maximum RSPN drawdown since its inception was -59.61%, which is greater than SOXQ's maximum drawdown of -46.01%. Use the drawdown chart below to compare losses from any high point for RSPN and SOXQ.

Drawdown Indicators

	RSPN	SOXQ	Difference
Max Drawdown Largest peak-to-trough decline	-59.61%	-46.01%	-13.60%
Max Drawdown (1Y) Largest decline over 1 year	-12.36%	-15.59%	+3.23%
Max Drawdown (3Y) Largest decline over 3 years	-20.89%	-39.36%	+18.47%
Max Drawdown (5Y) Largest decline over 5 years	-21.88%	-46.01%	+24.13%
Max Drawdown (10Y) Largest decline over 10 years	-42.02%	—	—
Current Drawdown Current decline from peak	-1.65%	0.00%	-1.65%
Average Drawdown Average peak-to-trough decline	-7.66%	-12.87%	+5.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.60%	4.31%	-0.71%

Volatility

RSPN vs. SOXQ - Volatility Comparison

The current volatility for Invesco S&P 500® Equal Weight Industrials ETF (RSPN) is 5.44%, while Invesco PHLX Semiconductor ETF (SOXQ) has a volatility of 20.05%. This indicates that RSPN experiences smaller price fluctuations and is considered to be less risky than SOXQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSPN	SOXQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.44%	20.05%	-14.61%
Volatility (6M) Calculated over the trailing 6-month period	12.79%	31.34%	-18.55%
Volatility (1Y) Calculated over the trailing 1-year period	16.04%	37.96%	-21.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.26%	37.17%	-18.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.41%	37.08%	-16.67%

RSPN vs. SOXQ - Expense Ratio Comparison

RSPN has a 0.40% expense ratio, which is higher than SOXQ's 0.19% expense ratio.

Dividends

RSPN vs. SOXQ - Dividend Comparison

RSPN's dividend yield for the trailing twelve months is around 1.03%, more than SOXQ's 0.31% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
SOXQ Invesco PHLX Semiconductor ETF	0.31%	0.50%	0.68%	0.87%	1.36%	0.72%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RSPN and SOXQ in my portfolio?

RSPN and SOXQ have a correlation of 0.47, 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 SOXQ?

SOXQ has higher volatility (20.05%) compared to RSPN (5.44%). In terms of maximum drawdown, RSPN dropped -59.61% vs SOXQ's -46.01%.

Which ETF is better, RSPN or SOXQ?

On 5-year performance, SOXQ leads with 36.75% vs 12.23% for RSPN. On fees, SOXQ is cheaper at 0.19% 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 SOXQ?

Over the 5-year period, SOXQ has performed better with a 36.75% return vs 12.23%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RSPN or SOXQ?

SOXQ is cheaper with a 0.19% expense ratio, compared with 0.40% for RSPN.

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

RSPN has the higher dividend yield at 1.03%, compared with 0.31% for SOXQ.

What is the main difference between RSPN and SOXQ?

RSPN is categorized as Industrials Equities, while SOXQ is Semiconductors. RSPN tracks S&P 500® Equal Weight Industrials Index, while SOXQ tracks PHLX Semiconductor Sector Index. Their fees differ too: 0.40% for RSPN and 0.19% for SOXQ.

Which has better risk-adjusted returns?

SOXQ currently has the higher Sharpe Ratio (4.83 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.