RSPR vs. RSPM
RSPR (Invesco S&P 500 Equal Weight Real Estate ETF) and RSPM (Invesco S&P 500® Equal Weight Materials ETF) are both exchange-traded funds - RSPR is a REIT fund tracking the S&P 500 Equal Weighted / Real Estate - SEC, while RSPM is a Materials fund tracking the S&P 500 Equal Weight Materials Index. Both are passively managed. Over the past 10 years, RSPR returned 6.16%/yr vs 11.03%/yr for RSPM. A 0.50 correlation means they provide meaningful diversification when combined. Both charge a 0.40% expense ratio.
Performance
RSPR vs. RSPM - Performance Comparison
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Returns By Period
In the year-to-date period, RSPR achieves a 9.30% return, which is significantly lower than RSPM's 15.80% return. Over the past 10 years, RSPR has underperformed RSPM with an annualized return of 6.16%, while RSPM has yielded a comparatively higher 11.03% annualized return.
RSPR
- 1D
- 0.79%
- 1M
- 0.30%
- YTD
- 9.30%
- 6M
- 10.15%
- 1Y
- 6.48%
- 3Y*
- 9.90%
- 5Y*
- 2.56%
- 10Y*
- 6.16%
RSPM
- 1D
- -0.23%
- 1M
- 2.65%
- YTD
- 15.80%
- 6M
- 15.20%
- 1Y
- 25.17%
- 3Y*
- 10.03%
- 5Y*
- 5.74%
- 10Y*
- 11.03%
RSPR vs. RSPM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RSPR Invesco S&P 500 Equal Weight Real Estate ETF | 9.30% | -1.88% | 8.61% | 11.59% | -25.16% | 49.61% | -2.90% | 24.62% | -4.11% | 8.76% |
RSPM Invesco S&P 500® Equal Weight Materials ETF | 15.80% | 6.90% | -1.30% | 8.32% | -9.95% | 31.21% | 22.77% | 25.11% | -14.75% | 25.87% |
Correlation
The correlation between RSPR and RSPM is 0.53, 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 | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Aug 14, 2015 | 0.50 |
The correlation between RSPR and RSPM shifts across timeframes, from 0.50 (all time) to 0.61 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
RSPR vs. RSPM — Risk / Return Rank
RSPR
RSPM
RSPR vs. RSPM - 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 S&P 500® Equal Weight Materials ETF (RSPM). 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 | RSPM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.90 | ||
| Sortino ratioReturn per unit of downside risk | -1.30 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.23 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 0.75 | 2.05 | -1.30 |
| Martin ratioReturn relative to average drawdown | 1.64 | 5.47 | -3.83 |
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Drawdowns
RSPR vs. RSPM - Drawdown Comparison
The maximum RSPR drawdown since its inception was -41.96%, smaller than the maximum RSPM drawdown of -61.18%. Use the drawdown chart below to compare losses from any high point for RSPR and RSPM.
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Drawdown Indicators
| RSPR | RSPM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.96% | -61.18% | +19.22% |
Max Drawdown (1Y)Largest decline over 1 year | -8.71% | -12.32% | +3.61% |
Max Drawdown (3Y)Largest decline over 3 years | -17.78% | -27.19% | +9.41% |
Max Drawdown (5Y)Largest decline over 5 years | -33.03% | -27.19% | -5.84% |
Max Drawdown (10Y)Largest decline over 10 years | -41.96% | -39.84% | -2.12% |
Current DrawdownCurrent decline from peak | -2.93% | -4.11% | +1.18% |
Average DrawdownAverage peak-to-trough decline | -9.36% | -8.78% | -0.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.95% | 4.61% | -0.66% |
Volatility
RSPR vs. RSPM - Volatility Comparison
The current volatility for Invesco S&P 500 Equal Weight Real Estate ETF (RSPR) is 4.77%, while Invesco S&P 500® Equal Weight Materials ETF (RSPM) has a volatility of 6.10%. This indicates that RSPR experiences smaller price fluctuations and is considered to be less risky than RSPM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RSPR | RSPM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.77% | 6.10% | -1.33% |
Volatility (6M)Calculated over the trailing 6-month period | 10.52% | 14.05% | -3.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.57% | 18.84% | -4.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.12% | 20.17% | -1.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.42% | 21.98% | -0.56% |
RSPR vs. RSPM - Expense Ratio Comparison
Both RSPR and RSPM have an expense ratio of 0.40%.
Dividends
RSPR vs. RSPM - Dividend Comparison
RSPR's dividend yield for the trailing twelve months is around 3.45%, more than RSPM's 2.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RSPM Invesco S&P 500® Equal Weight Materials ETF | 2.20% | 2.06% | 2.04% | 2.05% | 2.19% | 1.43% | 1.57% | 1.81% | 1.83% | 1.50% | 1.28% | 1.57% |
RSPR Invesco S&P 500 Equal Weight Real Estate ETF | 3.45% | 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 RSPM have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RSPM has higher volatility (6.10%) compared to RSPR (4.77%). In terms of maximum drawdown, RSPR dropped -41.96% vs RSPM's -61.18%.
On 10-year performance, RSPM leads with 11.03% vs 6.16% for RSPR. Both ETFs have the same 0.40% expense ratio. On volatility, RSPR has been the lower-risk option at 4.77%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, RSPM has performed better with a 11.03% return vs 6.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
RSPR and RSPM have the same expense ratio: 0.40% per year.
RSPR has the higher dividend yield at 3.45%, compared with 2.20% for RSPM.
RSPR is categorized as REIT, while RSPM is Materials. RSPR tracks S&P 500 Equal Weighted / Real Estate - SEC, while RSPM tracks S&P 500 Equal Weight Materials Index.
RSPM currently has the higher Sharpe Ratio (1.34 vs 0.45), 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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