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RSPN vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between RSPN and SPY is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.0
Correlation: 0.8

Performance

RSPN vs. SPY - 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 SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

350.00%400.00%450.00%500.00%NovemberDecember2025FebruaryMarchApril
389.23%
463.27%
RSPN
SPY

Key characteristics

Sharpe Ratio

RSPN:

0.25

SPY:

0.51

Sortino Ratio

RSPN:

0.52

SPY:

0.86

Omega Ratio

RSPN:

1.07

SPY:

1.13

Calmar Ratio

RSPN:

0.24

SPY:

0.55

Martin Ratio

RSPN:

0.84

SPY:

2.26

Ulcer Index

RSPN:

6.08%

SPY:

4.55%

Daily Std Dev

RSPN:

20.03%

SPY:

20.08%

Max Drawdown

RSPN:

-61.64%

SPY:

-55.19%

Current Drawdown

RSPN:

-12.47%

SPY:

-9.89%

Returns By Period

In the year-to-date period, RSPN achieves a -4.27% return, which is significantly higher than SPY's -5.76% return. Over the past 10 years, RSPN has underperformed SPY with an annualized return of 10.57%, while SPY has yielded a comparatively higher 12.04% annualized return.


RSPN

YTD

-4.27%

1M

-3.40%

6M

-5.86%

1Y

5.34%

5Y*

18.15%

10Y*

10.57%

SPY

YTD

-5.76%

1M

-2.90%

6M

-4.30%

1Y

9.72%

5Y*

15.64%

10Y*

12.04%

*Annualized

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RSPN vs. SPY - Expense Ratio Comparison

RSPN has a 0.40% expense ratio, which is higher than SPY's 0.09% expense ratio.


Expense ratio chart for RSPN: current value is 0.40%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
RSPN: 0.40%
Expense ratio chart for SPY: current value is 0.09%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SPY: 0.09%

Risk-Adjusted Performance

RSPN vs. SPY — Risk-Adjusted Performance Rank

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

RSPN
The Risk-Adjusted Performance Rank of RSPN is 4141
Overall Rank
The Sharpe Ratio Rank of RSPN is 4040
Sharpe Ratio Rank
The Sortino Ratio Rank of RSPN is 4242
Sortino Ratio Rank
The Omega Ratio Rank of RSPN is 4141
Omega Ratio Rank
The Calmar Ratio Rank of RSPN is 4343
Calmar Ratio Rank
The Martin Ratio Rank of RSPN is 4040
Martin Ratio Rank

SPY
The Risk-Adjusted Performance Rank of SPY is 6363
Overall Rank
The Sharpe Ratio Rank of SPY is 5959
Sharpe Ratio Rank
The Sortino Ratio Rank of SPY is 6161
Sortino Ratio Rank
The Omega Ratio Rank of SPY is 6464
Omega Ratio Rank
The Calmar Ratio Rank of SPY is 6666
Calmar Ratio Rank
The Martin Ratio Rank of SPY is 6565
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

RSPN vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500® Equal Weight Industrials ETF (RSPN) and SPDR S&P 500 ETF (SPY). 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.


The chart of Sharpe ratio for RSPN, currently valued at 0.25, compared to the broader market-1.000.001.002.003.004.00
RSPN: 0.25
SPY: 0.51
The chart of Sortino ratio for RSPN, currently valued at 0.52, compared to the broader market-2.000.002.004.006.008.00
RSPN: 0.52
SPY: 0.86
The chart of Omega ratio for RSPN, currently valued at 1.07, compared to the broader market0.501.001.502.002.50
RSPN: 1.07
SPY: 1.13
The chart of Calmar ratio for RSPN, currently valued at 0.24, compared to the broader market0.002.004.006.008.0010.0012.00
RSPN: 0.24
SPY: 0.55
The chart of Martin ratio for RSPN, currently valued at 0.84, compared to the broader market0.0020.0040.0060.00
RSPN: 0.84
SPY: 2.26

The current RSPN Sharpe Ratio is 0.25, which is lower than the SPY Sharpe Ratio of 0.51. The chart below compares the historical Sharpe Ratios of RSPN and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
0.25
0.51
RSPN
SPY

Dividends

RSPN vs. SPY - Dividend Comparison

RSPN's dividend yield for the trailing twelve months is around 1.03%, less than SPY's 1.30% yield.


TTM20242023202220212020201920182017201620152014
RSPN
Invesco S&P 500® Equal Weight Industrials ETF
1.03%0.98%0.55%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SPY
SPDR S&P 500 ETF
1.30%1.21%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%

Drawdowns

RSPN vs. SPY - Drawdown Comparison

The maximum RSPN drawdown since its inception was -61.64%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for RSPN and SPY. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-12.47%
-9.89%
RSPN
SPY

Volatility

RSPN vs. SPY - Volatility Comparison

The current volatility for Invesco S&P 500® Equal Weight Industrials ETF (RSPN) is 13.93%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.12%. This indicates that RSPN experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
13.93%
15.12%
RSPN
SPY