RSPS vs. FDFAX

Last updated Jul 14, 2026

RSPS (Invesco S&P 500 Equal Weight Consumer Staples ETF) and FDFAX (Fidelity Select Consumer Staples Portfolio) are both Consumer Staples Equities funds. Over the past 10 years, RSPS returned 4.15%/yr vs 5.91%/yr for FDFAX. Their correlation of 0.84 suggests significant overlap in exposure. RSPS charges 0.40%/yr vs 0.73%/yr for FDFAX.

Performance

RSPS vs. FDFAX - 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 Fidelity Select Consumer Staples Portfolio (FDFAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RSPS achieves a 7.18% return, which is significantly lower than FDFAX's 11.25% return. Over the past 10 years, RSPS has underperformed FDFAX with an annualized return of 4.15%, while FDFAX has yielded a comparatively higher 5.91% annualized return.

RSPS

• 1D: 0.56%
• 1M: -0.11%
• 6M: 4.39%
• YTD: 7.18%
• 1Y: 4.16%
• 3Y*: -0.11%
• 5Y*: 1.88%
• 10Y*: 4.15%

FDFAX

• 1D: 0.67%
• 1M: -1.41%
• 6M: 7.90%
• YTD: 11.25%
• 1Y: 9.19%
• 3Y*: 5.23%
• 5Y*: 4.87%
• 10Y*: 5.91%

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

RSPS vs. FDFAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RSPS Invesco S&P 500 Equal Weight Consumer Staples ETF	7.18%	-0.88%	-1.47%	-5.39%	2.88%	14.68%	6.19%	28.17%	-10.86%	14.20%
FDFAX Fidelity Select Consumer Staples Portfolio	11.25%	-1.31%	5.58%	3.02%	-0.44%	14.43%	11.60%	31.79%	-15.91%	12.15%

Correlation

The correlation between RSPS and FDFAX is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (10Y) Calculated over the trailing 10-year period	0.91
Correlation (All Time) Calculated using the full available price history since Nov 7, 2006	0.84

The correlation between RSPS and FDFAX has been stable across timeframes, ranging from 0.84 to 0.92 - a consistent structural relationship.

RSPS vs. FDFAX - Sectors Allocation Comparison

Sectors	RSPS	FDFAX
Consumer Defensive	97.1%	96.4%
Consumer Cyclical	2.9%	0.9%
Financial Services	0.0%	-
Basic Materials	-	-
Communication Services	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	2.7%
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

RSPS vs. FDFAX — Risk / Return Rank

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

RSPS

RSPS Risk / Return Rank: 14
RSPS Sharpe Ratio Rank: 14
RSPS Sortino Ratio Rank: 13
RSPS Omega Ratio Rank: 13
RSPS Calmar Ratio Rank: 14
RSPS Martin Ratio Rank: 13

FDFAX

FDFAX Risk / Return Rank: 12
FDFAX Sharpe Ratio Rank: 11
FDFAX Sortino Ratio Rank: 12
FDFAX Omega Ratio Rank: 11
FDFAX Calmar Ratio Rank: 15
FDFAX Martin Ratio Rank: 9

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. FDFAX - 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 Fidelity Select Consumer Staples Portfolio (FDFAX). 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	FDFAX	Difference
Sharpe ratio: Return per unit of total volatility	0.29	0.63	-0.34
Sortino ratio: Return per unit of downside risk	0.51	1.00	-0.48
Omega ratio: Gain probability vs. loss probability	1.06	1.11	-0.06
Calmar ratio: Return relative to maximum drawdown	0.36	0.97	-0.61
Martin ratio: Return relative to average drawdown	0.63	1.76	-1.13

RSPS vs. FDFAX - Sharpe Ratio Comparison

The current RSPS Sharpe Ratio is 0.29, which is lower than the FDFAX Sharpe Ratio of 0.63. The chart below compares the historical Sharpe Ratios of RSPS and FDFAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RSPS vs. FDFAX - Drawdown Comparison

The maximum RSPS drawdown since its inception was -35.93%, smaller than the maximum FDFAX drawdown of -38.29%. Use the drawdown chart below to compare losses from any high point for RSPS and FDFAX.

Drawdown Indicators

	RSPS	FDFAX	Difference
Max Drawdown Largest peak-to-trough decline	-35.93%	-38.29%	+2.36%
Max Drawdown (1Y) Largest decline over 1 year	-11.72%	-9.18%	-2.54%
Max Drawdown (3Y) Largest decline over 3 years	-16.53%	-13.03%	-3.50%
Max Drawdown (5Y) Largest decline over 5 years	-18.61%	-15.63%	-2.98%
Max Drawdown (10Y) Largest decline over 10 years	-25.42%	-27.66%	+2.24%
Current Drawdown Current decline from peak	-6.42%	-3.47%	-2.95%
Average Drawdown Average peak-to-trough decline	-5.06%	-5.04%	-0.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.62%	5.02%	+1.60%

Volatility

RSPS vs. FDFAX - Volatility Comparison

Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS) and Fidelity Select Consumer Staples Portfolio (FDFAX) have volatilities of 5.52% and 5.31%, 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.

Volatility by Period

	RSPS	FDFAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.52%	5.31%	+0.21%
Volatility (6M) Calculated over the trailing 6-month period	11.16%	10.78%	+0.38%
Volatility (1Y) Calculated over the trailing 1-year period	14.37%	14.03%	+0.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.80%	13.96%	-0.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.94%	14.98%	-0.04%

RSPS vs. FDFAX - Expense Ratio Comparison

RSPS has a 0.40% expense ratio, which is lower than FDFAX's 0.73% expense ratio.

Dividends

RSPS vs. FDFAX - Dividend Comparison

RSPS's dividend yield for the trailing twelve months is around 2.90%, more than FDFAX's 2.39% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FDFAX Fidelity Select Consumer Staples Portfolio	2.39%	6.45%	8.49%	5.13%	3.34%	10.73%	3.16%	2.78%	14.36%	8.82%	4.71%	9.06%
RSPS Invesco S&P 500 Equal Weight Consumer Staples ETF	2.90%	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 FDFAX in my portfolio?

With a correlation of 0.90, RSPS and FDFAX 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 is riskier, RSPS or FDFAX?

RSPS has higher volatility (5.52%) compared to FDFAX (5.31%). In terms of maximum drawdown, RSPS dropped -35.93% vs FDFAX's -38.29%.

Which has better risk-adjusted returns?

FDFAX currently has the higher Sharpe Ratio (0.63 vs 0.29), 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.