RSPR vs. BND

Last updated Jun 3, 2026

RSPR (Invesco S&P 500 Equal Weight Real Estate ETF) and BND (Vanguard Total Bond Market ETF) are both exchange-traded funds - RSPR is a REIT fund tracking the S&P 500 Equal Weighted / Real Estate - SEC, while BND is a Total Bond Market fund tracking the Bloomberg U.S. Aggregate Float Adjusted Index. Both are passively managed. Over the past 10 years, RSPR returned 6.22%/yr vs 1.60%/yr for BND. At a 0.22 correlation, their price movements are largely independent. RSPR charges 0.40%/yr vs 0.03%/yr for BND.

Performance

RSPR vs. BND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P 500 Equal Weight Real Estate ETF (RSPR) and Vanguard Total Bond Market ETF (BND). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RSPR achieves a 7.82% return, which is significantly higher than BND's 0.46% return. Over the past 10 years, RSPR has outperformed BND with an annualized return of 6.22%, while BND has yielded a comparatively lower 1.60% annualized return.

RSPR

• 1D: 0.79%
• 1M: 0.48%
• YTD: 7.82%
• 6M: 7.98%
• 1Y: 5.47%
• 3Y*: 8.88%
• 5Y*: 2.37%
• 10Y*: 6.22%

BND

• 1D: 0.03%
• 1M: 0.12%
• YTD: 0.46%
• 6M: 0.46%
• 1Y: 5.19%
• 3Y*: 4.03%
• 5Y*: 0.20%
• 10Y*: 1.60%

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

RSPR vs. BND - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RSPR Invesco S&P 500 Equal Weight Real Estate ETF	7.82%	-1.88%	8.61%	11.59%	-25.16%	49.61%	-2.90%	24.62%	-4.11%	8.76%
BND Vanguard Total Bond Market ETF	0.46%	7.08%	1.38%	5.65%	-13.11%	-1.86%	7.71%	8.84%	-0.12%	3.57%

Correlation

The correlation between RSPR and BND 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	0.39
Correlation (5Y) Calculated over the trailing 5-year period	0.31
Correlation (10Y) Calculated over the trailing 10-year period	0.23
Correlation (All Time) Calculated using the full available price history since Aug 17, 2015	0.22

The correlation between RSPR and BND shifts across timeframes, from 0.22 (all time) to 0.40 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

RSPR vs. BND — Risk / Return Rank

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

RSPR

RSPR Risk / Return Rank: 15
RSPR Sharpe Ratio Rank: 15
RSPR Sortino Ratio Rank: 14
RSPR Omega Ratio Rank: 14
RSPR Calmar Ratio Rank: 16
RSPR Martin Ratio Rank: 15

BND

BND Risk / Return Rank: 38
BND Sharpe Ratio Rank: 38
BND Sortino Ratio Rank: 40
BND Omega Ratio Rank: 36
BND Calmar Ratio Rank: 37
BND Martin Ratio Rank: 36

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.

RSPR vs. BND - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Equal Weight Real Estate ETF (RSPR) and Vanguard Total Bond Market ETF (BND). 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.

	RSPR	BND	Difference
Sharpe ratio Return per unit of total volatility	0.39	1.38	-0.99
Sortino ratio Return per unit of downside risk	0.63	2.07	-1.44
Omega ratio Gain probability vs. loss probability	1.08	1.24	-0.17
Calmar ratio Return relative to maximum drawdown	0.61	1.85	-1.25
Martin ratio Return relative to average drawdown	1.34	5.66	-4.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RSPR vs. BND - Sharpe Ratio Comparison

The current RSPR Sharpe Ratio is 0.39, which is lower than the BND Sharpe Ratio of 1.38. The chart below compares the historical Sharpe Ratios of RSPR and BND, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RSPR	BND	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.39	1.38	-0.99
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.13	0.03	+0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.29	0.29	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.59	-0.29

Drawdowns

RSPR vs. BND - Drawdown Comparison

The maximum RSPR drawdown since its inception was -41.96%, which is greater than BND's maximum drawdown of -18.58%. Use the drawdown chart below to compare losses from any high point for RSPR and BND.

Drawdown Indicators

	RSPR	BND	Difference
Max Drawdown Largest peak-to-trough decline	-41.96%	-18.58%	-23.38%
Max Drawdown (1Y) Largest decline over 1 year	-8.71%	-2.68%	-6.03%
Max Drawdown (3Y) Largest decline over 3 years	-17.78%	-5.92%	-11.86%
Max Drawdown (5Y) Largest decline over 5 years	-33.03%	-17.91%	-15.12%
Max Drawdown (10Y) Largest decline over 10 years	-41.96%	-18.58%	-23.38%
Current Drawdown Current decline from peak	-4.24%	-2.18%	-2.06%
Average Drawdown Average peak-to-trough decline	-9.40%	-3.06%	-6.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.94%	0.88%	+3.06%

Volatility

RSPR vs. BND - Volatility Comparison

Invesco S&P 500 Equal Weight Real Estate ETF (RSPR) has a higher volatility of 3.76% compared to Vanguard Total Bond Market ETF (BND) at 1.26%. This indicates that RSPR's price experiences larger fluctuations and is considered to be riskier than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSPR	BND	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.76%	1.26%	+2.50%
Volatility (6M) Calculated over the trailing 6-month period	9.91%	2.68%	+7.23%
Volatility (1Y) Calculated over the trailing 1-year period	14.02%	3.78%	+10.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.09%	6.02%	+13.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.37%	5.53%	+15.84%

RSPR vs. BND - Expense Ratio Comparison

RSPR has a 0.40% expense ratio, which is higher than BND's 0.03% expense ratio.

Dividends

RSPR vs. BND - Dividend Comparison

RSPR's dividend yield for the trailing twelve months is around 2.68%, less than BND's 3.96% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BND Vanguard Total Bond Market ETF	3.96%	3.86%	3.67%	3.09%	2.60%	2.12%	2.38%	2.72%	2.81%	2.54%	2.51%	2.57%
RSPR Invesco S&P 500 Equal Weight Real Estate ETF	2.68%	2.70%	2.58%	2.91%	3.14%	2.56%	3.82%	2.48%	3.02%	3.01%	2.06%	1.03%

Frequently Asked Questions

Can I hold both RSPR and BND in my portfolio?

RSPR and BND 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, RSPR or BND?

RSPR has higher volatility (3.76%) compared to BND (1.26%). In terms of maximum drawdown, RSPR dropped -41.96% vs BND's -18.58%.

Which ETF is better, RSPR or BND?

On 10-year performance, RSPR leads with 6.22% vs 1.60% for BND. On fees, BND is cheaper at 0.03% per year. On volatility, BND has been the lower-risk option at 1.26%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RSPR or BND?

Over the 10-year period, RSPR has performed better with a 6.22% return vs 1.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RSPR or BND?

BND is cheaper with a 0.03% expense ratio, compared with 0.40% for RSPR.

Which ETF pays a higher dividend yield, RSPR or BND?

BND has the higher dividend yield at 3.96%, compared with 2.68% for RSPR.

What is the main difference between RSPR and BND?

RSPR is categorized as REIT, while BND is Total Bond Market. RSPR tracks S&P 500 Equal Weighted / Real Estate - SEC, while BND tracks Bloomberg U.S. Aggregate Float Adjusted Index. They also come from different issuers: Invesco and Vanguard. Their fees differ too: 0.40% for RSPR and 0.03% for BND.

Which has better risk-adjusted returns?

BND currently has the higher Sharpe Ratio (1.38 vs 0.39), 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.