RSPR vs. KBWY
RSPR (Invesco S&P 500 Equal Weight Real Estate ETF) and KBWY (Invesco KBW Premium Yield Equity REIT ETF) are both REIT funds from Invesco - RSPR tracks the S&P 500 Equal Weighted / Real Estate - SEC while KBWY tracks the KBW Nasdaq Premium Yield Equity REIT Index. Both are passively managed. Over the past 10 years, RSPR returned 6.30%/yr vs 1.51%/yr for KBWY. A 0.77 correlation means they provide meaningful diversification when combined. RSPR charges 0.40%/yr vs 0.35%/yr for KBWY.
Performance
RSPR vs. KBWY - Performance Comparison
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Returns By Period
In the year-to-date period, RSPR achieves a 10.69% return, which is significantly lower than KBWY's 23.12% return. Over the past 10 years, RSPR has outperformed KBWY with an annualized return of 6.30%, while KBWY has yielded a comparatively lower 1.51% annualized return.
RSPR
- 1D
- 0.01%
- 1M
- 1.58%
- YTD
- 10.69%
- 6M
- 10.49%
- 1Y
- 6.24%
- 3Y*
- 10.36%
- 5Y*
- 2.76%
- 10Y*
- 6.30%
KBWY
- 1D
- 0.46%
- 1M
- 5.21%
- YTD
- 23.12%
- 6M
- 23.78%
- 1Y
- 26.05%
- 3Y*
- 12.15%
- 5Y*
- 2.95%
- 10Y*
- 1.51%
RSPR vs. KBWY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RSPR Invesco S&P 500 Equal Weight Real Estate ETF | 10.69% | -1.88% | 8.61% | 11.59% | -25.16% | 49.61% | -2.90% | 24.62% | -4.11% | 8.76% |
KBWY Invesco KBW Premium Yield Equity REIT ETF | 23.12% | -5.30% | -3.49% | 12.88% | -19.00% | 31.22% | -25.83% | 23.36% | -18.20% | 0.81% |
Correlation
The correlation between RSPR and KBWY is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.82 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.83 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Aug 14, 2015 | 0.77 |
The correlation between RSPR and KBWY has been stable across timeframes, ranging from 0.77 to 0.83 - a consistent structural relationship.
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Return for Risk
RSPR vs. KBWY — Risk / Return Rank
RSPR
KBWY
RSPR vs. KBWY - 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 Invesco KBW Premium Yield Equity REIT ETF (KBWY). 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.
| RSPR | KBWY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.13 | ||
| Sortino ratioReturn per unit of downside risk | -1.55 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.26 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.72 | 2.83 | -2.11 |
| Martin ratioReturn relative to average drawdown | 1.59 | 6.73 | -5.15 |
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Drawdowns
RSPR vs. KBWY - Drawdown Comparison
The maximum RSPR drawdown since its inception was -41.96%, smaller than the maximum KBWY drawdown of -57.68%. Use the drawdown chart below to compare losses from any high point for RSPR and KBWY.
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Drawdown Indicators
| RSPR | KBWY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.96% | -57.68% | +15.72% |
Max Drawdown (1Y)Largest decline over 1 year | -8.71% | -9.24% | +0.53% |
Max Drawdown (3Y)Largest decline over 3 years | -17.78% | -29.93% | +12.15% |
Max Drawdown (5Y)Largest decline over 5 years | -33.03% | -32.29% | -0.74% |
Max Drawdown (10Y)Largest decline over 10 years | -41.96% | -57.68% | +15.72% |
Current DrawdownCurrent decline from peak | -1.69% | -6.21% | +4.52% |
Average DrawdownAverage peak-to-trough decline | -9.36% | -14.15% | +4.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.96% | 3.88% | +0.08% |
Volatility
RSPR vs. KBWY - Volatility Comparison
Invesco S&P 500 Equal Weight Real Estate ETF (RSPR) and Invesco KBW Premium Yield Equity REIT ETF (KBWY) have volatilities of 4.91% and 4.86%, 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.
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Volatility by Period
| RSPR | KBWY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.91% | 4.86% | +0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 10.56% | 12.07% | -1.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.54% | 16.76% | -2.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.13% | 21.61% | -2.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.41% | 27.07% | -5.66% |
RSPR vs. KBWY - Expense Ratio Comparison
RSPR has a 0.40% expense ratio, which is higher than KBWY's 0.35% expense ratio.
Dividends
RSPR vs. KBWY - Dividend Comparison
RSPR's dividend yield for the trailing twelve months is around 2.84%, less than KBWY's 8.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KBWY Invesco KBW Premium Yield Equity REIT ETF | 8.24% | 9.79% | 8.74% | 7.90% | 7.41% | 5.05% | 10.35% | 6.19% | 8.64% | 7.25% | 6.55% | 5.72% |
RSPR Invesco S&P 500 Equal Weight Real Estate ETF | 2.84% | 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
RSPR and KBWY have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RSPR has higher volatility (4.91%) compared to KBWY (4.86%). In terms of maximum drawdown, RSPR dropped -41.96% vs KBWY's -57.68%.
On 10-year performance, RSPR leads with 6.30% vs 1.51% for KBWY. On fees, KBWY is cheaper at 0.35% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, RSPR has performed better with a 6.30% return vs 1.51%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
KBWY is cheaper with a 0.35% expense ratio, compared with 0.40% for RSPR.
KBWY has the higher dividend yield at 8.24%, compared with 2.84% for RSPR.
RSPR tracks S&P 500 Equal Weighted / Real Estate - SEC, while KBWY tracks KBW Nasdaq Premium Yield Equity REIT Index. Their fees differ too: 0.40% for RSPR and 0.35% for KBWY.
KBWY currently has the higher Sharpe Ratio (1.56 vs 0.43), 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.
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