RSPS vs. JPYUSD=X

Last updated Jun 14, 2026

RSPS (Invesco S&P 500 Equal Weight Consumer Staples ETF) is Consumer Staples Equities fund tracking the S&P 500 Equal Weighted / Consumer Staples -SEC, while JPYUSD=X (JPY/USD) is a currency. Over the past 10 years, RSPS returned 4.67%/yr vs -4.19%/yr for JPYUSD=X. At a correlation of -0.11, they often move in opposite directions.

Performance

RSPS vs. JPYUSD=X - 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 JPY/USD (JPYUSD=X). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RSPS achieves a 7.30% return, which is significantly higher than JPYUSD=X's -2.12% return. Over the past 10 years, RSPS has outperformed JPYUSD=X with an annualized return of 4.67%, while JPYUSD=X has yielded a comparatively lower -4.19% annualized return.

RSPS

• 1D: 0.65%
• 1M: 4.11%
• YTD: 7.30%
• 6M: 4.56%
• 1Y: 6.07%
• 3Y*: 0.13%
• 5Y*: 1.38%
• 10Y*: 4.67%

JPYUSD=X

• 1D: 0.10%
• 1M: -0.82%
• YTD: -2.12%
• 6M: -3.07%
• 1Y: -9.99%
• 3Y*: -4.30%
• 5Y*: -7.22%
• 10Y*: -4.19%

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

RSPS vs. JPYUSD=X - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RSPS Invesco S&P 500 Equal Weight Consumer Staples ETF	7.30%	-0.88%	-1.47%	-5.39%	2.88%	14.68%	6.19%	28.17%	-10.86%	14.20%
JPYUSD=X JPY/USD	-2.12%	0.33%	-10.26%	-7.04%	-12.23%	-10.24%	5.18%	0.86%	2.82%	3.91%

Correlation

The correlation between RSPS and JPYUSD=X is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (5Y) Calculated over the trailing 5-year period	0.10
Correlation (10Y) Calculated over the trailing 10-year period	0.02
Correlation (All Time) Calculated using the full available price history since Jul 12, 2007	-0.11

The correlation between RSPS and JPYUSD=X shifts across timeframes, from -0.11 (all time) to 0.21 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

RSPS vs. JPYUSD=X — 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: 15
RSPS Sortino Ratio Rank: 15
RSPS Omega Ratio Rank: 14
RSPS Calmar Ratio Rank: 15
RSPS Martin Ratio Rank: 13

JPYUSD=X

JPYUSD=X Risk / Return Rank: 8
JPYUSD=X Sharpe Ratio Rank: 8
JPYUSD=X Sortino Ratio Rank: 8
JPYUSD=X Omega Ratio Rank: 8
JPYUSD=X Calmar Ratio Rank: 3
JPYUSD=X Martin Ratio Rank: 14

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. JPYUSD=X - 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 JPY/USD (JPYUSD=X). 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	JPYUSD=X	Difference
Sharpe ratio: Return per unit of total volatility	0.35	-1.09	+1.44
Sortino ratio: Return per unit of downside risk	0.60	-1.60	+2.20
Omega ratio: Gain probability vs. loss probability	1.07	0.82	+0.24
Calmar ratio: Return relative to maximum drawdown	0.42	-0.76	+1.18
Martin ratio: Return relative to average drawdown	0.77	-1.11	+1.89

RSPS vs. JPYUSD=X - Sharpe Ratio Comparison

The current RSPS Sharpe Ratio is 0.35, which is higher than the JPYUSD=X Sharpe Ratio of -1.09. The chart below compares the historical Sharpe Ratios of RSPS and JPYUSD=X, 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. JPYUSD=X - Drawdown Comparison

The maximum RSPS drawdown since its inception was -35.93%, smaller than the maximum JPYUSD=X drawdown of -52.96%. Use the drawdown chart below to compare losses from any high point for RSPS and JPYUSD=X.

Drawdown Indicators

	RSPS	JPYUSD=X	Difference
Max Drawdown Largest peak-to-trough decline	-35.93%	-52.96%	+17.03%
Max Drawdown (1Y) Largest decline over 1 year	-11.72%	-10.68%	-1.04%
Max Drawdown (3Y) Largest decline over 3 years	-16.53%	-14.63%	-1.90%
Max Drawdown (5Y) Largest decline over 5 years	-18.61%	-32.59%	+13.98%
Max Drawdown (10Y) Largest decline over 10 years	-25.42%	-38.21%	+12.79%
Current Drawdown Current decline from peak	-6.32%	-52.47%	+46.15%
Average Drawdown Average peak-to-trough decline	-5.05%	-26.92%	+21.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.29%	6.18%	+0.11%

Volatility

RSPS vs. JPYUSD=X - Volatility Comparison

Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS) has a higher volatility of 4.33% compared to JPY/USD (JPYUSD=X) at 0.69%. This indicates that RSPS's price experiences larger fluctuations and is considered to be riskier than JPYUSD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSPS	JPYUSD=X	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.33%	0.69%	+3.64%
Volatility (6M) Calculated over the trailing 6-month period	10.48%	5.48%	+5.00%
Volatility (1Y) Calculated over the trailing 1-year period	13.78%	7.50%	+6.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.65%	9.56%	+4.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.89%	8.90%	+5.99%

Frequently Asked Questions

Can I hold both RSPS and JPYUSD=X in my portfolio?

RSPS and JPYUSD=X have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RSPS or JPYUSD=X?

RSPS has higher volatility (4.33%) compared to JPYUSD=X (0.69%). In terms of maximum drawdown, RSPS dropped -35.93% vs JPYUSD=X's -52.96%.

Which has better risk-adjusted returns?

RSPS currently has the higher Sharpe Ratio (0.35 vs -1.09), 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.