RSPS vs. SOBO.TO

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 SOBO.TO (South Bow Corp) is a stock. Over the past year, RSPS returned 6.07% vs 51.18% for SOBO.TO. At a 0.04 correlation, their price movements are largely independent.

Performance

RSPS vs. SOBO.TO - 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 South Bow Corp (SOBO.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

RSPS is traded in USD, while SOBO.TO is traded in CAD. To make them comparable, the SOBO.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, RSPS achieves a 7.30% return, which is significantly lower than SOBO.TO's 40.47% 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%

SOBO.TO

• 1D: 1.07%
• 1M: 2.17%
• YTD: 40.47%
• 6M: 44.56%
• 1Y: 51.18%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RSPS vs. SOBO.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
RSPS Invesco S&P 500 Equal Weight Consumer Staples ETF	7.30%	-0.88%	-5.63%
SOBO.TO South Bow Corp	40.47%	25.61%	15.72%

Correlation

The correlation between RSPS and SOBO.TO is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.04
Correlation (All Time) Calculated using the full available price history since Sep 25, 2024	0.04

Return for Risk

RSPS vs. SOBO.TO — 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

SOBO.TO

SOBO.TO Risk / Return Rank: 92
SOBO.TO Sharpe Ratio Rank: 94
SOBO.TO Sortino Ratio Rank: 94
SOBO.TO Omega Ratio Rank: 92
SOBO.TO Calmar Ratio Rank: 91
SOBO.TO Martin Ratio Rank: 91

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. SOBO.TO - 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 South Bow Corp (SOBO.TO). 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	SOBO.TO	Difference
Sharpe ratio: Return per unit of total volatility	0.35	2.52	-2.16
Sortino ratio: Return per unit of downside risk	0.60	3.42	-2.82
Omega ratio: Gain probability vs. loss probability	1.07	1.41	-0.34
Calmar ratio: Return relative to maximum drawdown	0.42	4.00	-3.58
Martin ratio: Return relative to average drawdown	0.77	11.44	-10.67

RSPS vs. SOBO.TO - Sharpe Ratio Comparison

The current RSPS Sharpe Ratio is 0.35, which is lower than the SOBO.TO Sharpe Ratio of 2.52. The chart below compares the historical Sharpe Ratios of RSPS and SOBO.TO, 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. SOBO.TO - Drawdown Comparison

The maximum RSPS drawdown since its inception was -35.93%, which is greater than SOBO.TO's maximum drawdown of -27.09%. Use the drawdown chart below to compare losses from any high point for RSPS and SOBO.TO.

Drawdown Indicators

	RSPS	SOBO.TO	Difference
Max Drawdown Largest peak-to-trough decline	-35.93%	-27.09%	-8.84%
Max Drawdown (1Y) Largest decline over 1 year	-11.72%	-12.68%	+0.96%
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	-6.32%	-0.27%	-6.05%
Average Drawdown Average peak-to-trough decline	-5.05%	-4.27%	-0.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.29%	4.44%	+1.85%

Volatility

RSPS vs. SOBO.TO - Volatility Comparison

The current volatility for Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS) is 4.33%, while South Bow Corp (SOBO.TO) has a volatility of 7.11%. This indicates that RSPS experiences smaller price fluctuations and is considered to be less risky than SOBO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSPS	SOBO.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.33%	7.11%	-2.78%
Volatility (6M) Calculated over the trailing 6-month period	10.48%	14.83%	-4.35%
Volatility (1Y) Calculated over the trailing 1-year period	13.78%	20.22%	-6.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.65%	44.59%	-30.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.89%	44.59%	-29.70%

Dividends

RSPS vs. SOBO.TO - Dividend Comparison

RSPS's dividend yield for the trailing twelve months is around 2.71%, less than SOBO.TO's 5.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RSPS Invesco S&P 500 Equal Weight Consumer Staples ETF	2.71%	2.82%	2.86%	2.78%	2.31%	2.07%	2.14%	2.12%	2.43%	1.90%	1.76%	1.77%
SOBO.TO South Bow Corp	5.18%	7.37%	2.12%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RSPS and SOBO.TO in my portfolio?

RSPS and SOBO.TO have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.