RSPR vs. RSPN

Last updated Jun 3, 2026

RSPR (Invesco S&P 500 Equal Weight Real Estate ETF) and RSPN (Invesco S&P 500® Equal Weight Industrials ETF) are both exchange-traded funds - RSPR is a REIT fund tracking the S&P 500 Equal Weighted / Real Estate - SEC, while RSPN is a Industrials Equities fund tracking the S&P 500® Equal Weight Industrials Index. Both are passively managed. Over the past 10 years, RSPR returned 6.22%/yr vs 14.34%/yr for RSPN. A 0.54 correlation means they provide meaningful diversification when combined. Both charge a 0.40% expense ratio.

Performance

RSPR vs. RSPN - 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 Invesco S&P 500® Equal Weight Industrials ETF (RSPN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with RSPR having a 7.82% return and RSPN slightly higher at 7.91%. Over the past 10 years, RSPR has underperformed RSPN with an annualized return of 6.22%, while RSPN has yielded a comparatively higher 14.34% 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%

RSPN

• 1D: 0.79%
• 1M: 0.18%
• YTD: 7.91%
• 6M: 9.67%
• 1Y: 18.26%
• 3Y*: 18.45%
• 5Y*: 11.06%
• 10Y*: 14.34%

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

RSPR vs. RSPN - 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%
RSPN Invesco S&P 500® Equal Weight Industrials ETF	7.91%	13.84%	17.63%	22.32%	-8.79%	26.07%	18.07%	33.17%	-13.23%	23.22%

Correlation

The correlation between RSPR and RSPN is 0.57, 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	0.57
Correlation (3Y) Calculated over the trailing 3-year period	0.61
Correlation (5Y) Calculated over the trailing 5-year period	0.66
Correlation (10Y) Calculated over the trailing 10-year period	0.56
Correlation (All Time) Calculated using the full available price history since Aug 17, 2015	0.54

The correlation between RSPR and RSPN shifts across timeframes, from 0.54 (all time) to 0.66 (5 years), reflecting how their relationship changes across market environments.

RSPR vs. RSPN - Sectors Allocation Comparison

Sectors	RSPR	RSPN
Real Estate	96.9%	-
Basic Materials	3.1%	-
Financial Services	0.0%	0.0%
Communication Services	-	-
Consumer Cyclical	-	2.5%
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	91.8%
Technology	-	4.2%
Utilities	-	1.5%

Return for Risk

RSPR vs. RSPN — 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

RSPN

RSPN Risk / Return Rank: 32
RSPN Sharpe Ratio Rank: 33
RSPN Sortino Ratio Rank: 33
RSPN Omega Ratio Rank: 30
RSPN Calmar Ratio Rank: 29
RSPN Martin Ratio Rank: 33

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. RSPN - 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 Industrials ETF (RSPN). 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	RSPN	Difference
Sharpe ratio Return per unit of total volatility	0.39	1.19	-0.80
Sortino ratio Return per unit of downside risk	0.63	1.79	-1.16
Omega ratio Gain probability vs. loss probability	1.08	1.21	-0.13
Calmar ratio Return relative to maximum drawdown	0.61	1.43	-0.83
Martin ratio Return relative to average drawdown	1.34	5.01	-3.67
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. RSPN - Sharpe Ratio Comparison

The current RSPR Sharpe Ratio is 0.39, which is lower than the RSPN Sharpe Ratio of 1.19. The chart below compares the historical Sharpe Ratios of RSPR and RSPN, 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	RSPN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.39	1.19	-0.80
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.13	0.61	-0.49
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.29	0.71	-0.41
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.53	-0.23

Drawdowns

RSPR vs. RSPN - Drawdown Comparison

The maximum RSPR drawdown since its inception was -41.96%, smaller than the maximum RSPN drawdown of -59.61%. Use the drawdown chart below to compare losses from any high point for RSPR and RSPN.

Drawdown Indicators

	RSPR	RSPN	Difference
Max Drawdown Largest peak-to-trough decline	-41.96%	-59.61%	+17.65%
Max Drawdown (1Y) Largest decline over 1 year	-8.71%	-12.36%	+3.65%
Max Drawdown (3Y) Largest decline over 3 years	-17.78%	-20.89%	+3.11%
Max Drawdown (5Y) Largest decline over 5 years	-33.03%	-21.88%	-11.15%
Max Drawdown (10Y) Largest decline over 10 years	-41.96%	-42.02%	+0.06%
Current Drawdown Current decline from peak	-4.24%	-4.41%	+0.17%
Average Drawdown Average peak-to-trough decline	-9.40%	-7.68%	-1.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.94%	3.53%	+0.41%

Volatility

RSPR vs. RSPN - Volatility Comparison

The current volatility for Invesco S&P 500 Equal Weight Real Estate ETF (RSPR) is 3.76%, while Invesco S&P 500® Equal Weight Industrials ETF (RSPN) has a volatility of 4.40%. This indicates that RSPR experiences smaller price fluctuations and is considered to be less risky than RSPN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSPR	RSPN	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.76%	4.40%	-0.64%
Volatility (6M) Calculated over the trailing 6-month period	9.91%	12.18%	-2.27%
Volatility (1Y) Calculated over the trailing 1-year period	14.02%	15.37%	-1.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.09%	18.18%	+0.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.37%	20.36%	+1.01%

RSPR vs. RSPN - Expense Ratio Comparison

Both RSPR and RSPN have an expense ratio of 0.40%.

Dividends

RSPR vs. RSPN - Dividend Comparison

RSPR's dividend yield for the trailing twelve months is around 2.68%, more than RSPN's 0.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RSPN Invesco S&P 500® Equal Weight Industrials ETF	0.81%	0.86%	0.98%	1.06%	1.09%	0.70%	0.96%	1.33%	1.49%	1.12%	1.31%	1.51%
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 RSPN in my portfolio?

RSPR and RSPN have a correlation of 0.57, 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 RSPN?

RSPN has higher volatility (4.40%) compared to RSPR (3.76%). In terms of maximum drawdown, RSPR dropped -41.96% vs RSPN's -59.61%.

Which ETF is better, RSPR or RSPN?

On 10-year performance, RSPN leads with 14.34% vs 6.22% for RSPR. Both ETFs have the same 0.40% expense ratio. On volatility, RSPR has been the lower-risk option at 3.76%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RSPR or RSPN?

Over the 10-year period, RSPN has performed better with a 14.34% return vs 6.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RSPR or RSPN?

RSPR and RSPN have the same expense ratio: 0.40% per year.

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

RSPR has the higher dividend yield at 2.68%, compared with 0.81% for RSPN.

What is the main difference between RSPR and RSPN?

RSPR is categorized as REIT, while RSPN is Industrials Equities. RSPR tracks S&P 500 Equal Weighted / Real Estate - SEC, while RSPN tracks S&P 500® Equal Weight Industrials Index.

Which has better risk-adjusted returns?

RSPN currently has the higher Sharpe Ratio (1.19 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.