RSPS vs. RSP
Compare and contrast key facts about Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS) and Invesco S&P 500® Equal Weight ETF (RSP).
RSPS and RSP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RSPS is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weighted / Consumer Staples -SEC. It was launched on Nov 1, 2006. RSP is a passively managed fund by Invesco that tracks the performance of the S&P Equal Weight Index. It was launched on Apr 30, 2003. Both RSPS and RSP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RSPS or RSP.
Correlation
The correlation between RSPS and RSP is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
RSPS vs. RSP - Performance Comparison
Key characteristics
RSPS:
-0.23
RSP:
0.41
RSPS:
-0.23
RSP:
0.69
RSPS:
0.97
RSP:
1.10
RSPS:
-0.22
RSP:
0.39
RSPS:
-0.62
RSP:
1.45
RSPS:
5.06%
RSP:
4.77%
RSPS:
13.88%
RSP:
17.11%
RSPS:
-35.93%
RSP:
-59.92%
RSPS:
-10.07%
RSP:
-8.61%
Returns By Period
In the year-to-date period, RSPS achieves a 0.53% return, which is significantly higher than RSP's -2.49% return. Over the past 10 years, RSPS has underperformed RSP with an annualized return of 5.73%, while RSP has yielded a comparatively higher 9.39% annualized return.
RSPS
0.53%
1.21%
-2.44%
-2.80%
5.48%
5.73%
RSP
-2.49%
8.19%
-4.03%
5.36%
14.65%
9.39%
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RSPS vs. RSP - Expense Ratio Comparison
RSPS has a 0.40% expense ratio, which is higher than RSP's 0.20% expense ratio.
Risk-Adjusted Performance
RSPS vs. RSP — Risk-Adjusted Performance Rank
RSPS
RSP
RSPS vs. RSP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS) and Invesco S&P 500® Equal Weight ETF (RSP). 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.
Dividends
RSPS vs. RSP - Dividend Comparison
RSPS's dividend yield for the trailing twelve months is around 2.86%, more than RSP's 1.65% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RSPS Invesco S&P 500 Equal Weight Consumer Staples ETF | 2.86% | 2.86% | 2.78% | 2.31% | 2.07% | 2.14% | 2.12% | 2.43% | 1.90% | 1.76% | 1.77% | 1.74% |
RSP Invesco S&P 500® Equal Weight ETF | 1.65% | 1.52% | 1.63% | 1.82% | 1.28% | 1.64% | 1.69% | 2.02% | 1.52% | 1.20% | 1.70% | 1.46% |
Drawdowns
RSPS vs. RSP - Drawdown Comparison
The maximum RSPS drawdown since its inception was -35.93%, smaller than the maximum RSP drawdown of -59.92%. Use the drawdown chart below to compare losses from any high point for RSPS and RSP. For additional features, visit the drawdowns tool.
Volatility
RSPS vs. RSP - Volatility Comparison
The current volatility for Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS) is 6.28%, while Invesco S&P 500® Equal Weight ETF (RSP) has a volatility of 10.07%. This indicates that RSPS experiences smaller price fluctuations and is considered to be less risky than RSP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.