RSPS vs. DVXP

Last updated Jun 23, 2026

RSPS (Invesco S&P 500 Equal Weight Consumer Staples ETF) and DVXP (WEBs Consumer Staples XLP Defined Volatility ETF) are both Consumer Staples Equities funds - RSPS tracks the S&P 500 Equal Weighted / Consumer Staples -SEC while DVXP tracks the Syntax Defined Volatility XLP Index. Both are passively managed. Their correlation of 0.91 suggests significant overlap in exposure. RSPS charges 0.40%/yr vs 0.89%/yr for DVXP.

Performance

RSPS vs. DVXP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS) and WEBs Consumer Staples XLP Defined Volatility ETF (DVXP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RSPS achieves a 2.63% return, which is significantly lower than DVXP's 10.51% return.

RSPS

• 1D: -0.85%
• 1M: -1.58%
• YTD: 2.63%
• 6M: 1.91%
• 1Y: 1.13%
• 3Y*: -1.48%
• 5Y*: 1.13%
• 10Y*: 4.24%

DVXP

• 1D: -0.81%
• 1M: -3.52%
• YTD: 10.51%
• 6M: 9.85%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RSPS vs. DVXP - Yearly Performance Comparison

	2026 (YTD)	2025
RSPS Invesco S&P 500 Equal Weight Consumer Staples ETF	2.63%	-4.20%
DVXP WEBs Consumer Staples XLP Defined Volatility ETF	10.51%	-10.24%

Correlation

The correlation between RSPS and DVXP is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025	0.91

Return for Risk

RSPS vs. DVXP — Risk / Return Rank

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

RSPS

RSPS Risk / Return Rank: 9
RSPS Sharpe Ratio Rank: 9
RSPS Sortino Ratio Rank: 9
RSPS Omega Ratio Rank: 9
RSPS Calmar Ratio Rank: 9
RSPS Martin Ratio Rank: 9

DVXP

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

RSPS vs. DVXP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS) and WEBs Consumer Staples XLP Defined Volatility ETF (DVXP). 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.

	RSPS	DVXP	Difference
Sharpe ratio: Return per unit of total volatility	0.08	—	—
Sortino ratio: Return per unit of downside risk	0.21	—	—
Omega ratio: Gain probability vs. loss probability	1.02	—	—
Calmar ratio: Return relative to maximum drawdown	0.10	—	—
Martin ratio: Return relative to average drawdown	0.18	—	—

Drawdowns

RSPS vs. DVXP - Drawdown Comparison

The maximum RSPS drawdown since its inception was -35.93%, which is greater than DVXP's maximum drawdown of -16.36%. Use the drawdown chart below to compare losses from any high point for RSPS and DVXP.

Drawdown Indicators

	RSPS	DVXP	Difference
Max Drawdown Largest peak-to-trough decline	-35.93%	-16.36%	-19.57%
Max Drawdown (1Y) Largest decline over 1 year	-11.72%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-16.53%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-18.61%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-25.42%	—	—
Current Drawdown Current decline from peak	-10.40%	-11.12%	+0.72%
Average Drawdown Average peak-to-trough decline	-5.05%	-8.28%	+3.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.41%	—	—

Volatility

Volatility by Period

	RSPS	DVXP	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.94%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.80%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.95%	21.08%	-7.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.68%	21.08%	-7.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.92%	21.08%	-6.16%

RSPS vs. DVXP - Expense Ratio Comparison

RSPS has a 0.40% expense ratio, which is lower than DVXP's 0.89% expense ratio.

Dividends

RSPS vs. DVXP - Dividend Comparison

RSPS's dividend yield for the trailing twelve months is around 3.67%, more than DVXP's 0.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DVXP WEBs Consumer Staples XLP Defined Volatility ETF	0.17%	0.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RSPS Invesco S&P 500 Equal Weight Consumer Staples ETF	3.67%	2.82%	2.86%	2.78%	2.31%	2.07%	2.14%	2.12%	2.43%	1.90%	1.76%	1.77%

Frequently Asked Questions

Can I hold both RSPS and DVXP in my portfolio?

With a correlation of 0.91, RSPS and DVXP move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, RSPS or DVXP?

On fees, RSPS is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RSPS or DVXP?

RSPS is cheaper with a 0.40% expense ratio, compared with 0.89% for DVXP.

Which ETF pays a higher dividend yield, RSPS or DVXP?

RSPS has the higher dividend yield at 3.67%, compared with 0.17% for DVXP.

What is the main difference between RSPS and DVXP?

RSPS tracks S&P 500 Equal Weighted / Consumer Staples -SEC, while DVXP tracks Syntax Defined Volatility XLP Index. They also come from different issuers: Invesco and WEBs. Their fees differ too: 0.40% for RSPS and 0.89% for DVXP.