RSPT vs. GGTL
RSPT (Invesco S&P 500 Equal Weight Technology ETF) and GGTL (Gabelli Global Technology Leaders ETF) are both Technology Equities funds. RSPT is passively managed, while GGTL is actively managed. Over the past 3 years, RSPT returned 30.81%/yr vs 21.46%/yr for GGTL. Their correlation of 0.83 suggests significant overlap in exposure. RSPT charges 0.40%/yr vs 0.90%/yr for GGTL.
Performance
RSPT vs. GGTL - Performance Comparison
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Returns By Period
In the year-to-date period, RSPT achieves a 37.17% return, which is significantly higher than GGTL's 23.84% return.
RSPT
- 1D
- -3.45%
- 1M
- 2.35%
- YTD
- 37.17%
- 6M
- 34.77%
- 1Y
- 59.82%
- 3Y*
- 30.81%
- 5Y*
- 17.50%
- 10Y*
- 22.05%
GGTL
- 1D
- -4.64%
- 1M
- 2.58%
- YTD
- 23.84%
- 6M
- 23.84%
- 1Y
- 40.67%
- 3Y*
- 21.46%
- 5Y*
- —
- 10Y*
- —
RSPT vs. GGTL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
RSPT Invesco S&P 500 Equal Weight Technology ETF | 37.17% | 22.15% | 15.16% | 35.18% | -24.64% |
GGTL Gabelli Global Technology Leaders ETF | 23.84% | 19.78% | 11.07% | 18.17% | -16.10% |
Correlation
The correlation between RSPT and GGTL is 0.81, 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 | 0.81 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Jan 5, 2022 | 0.83 |
The correlation between RSPT and GGTL has been stable across timeframes, ranging from 0.79 to 0.83 - a consistent structural relationship.
RSPT vs. GGTL - Sectors Allocation Comparison
Sectors
RSPT
GGTL
Technology
Energy
-
Industrials
Financial Services
-
Basic Materials
-
-
Communication Services
-
Consumer Cyclical
-
Consumer Defensive
-
-
Healthcare
-
-
Real Estate
-
-
Utilities
-
-
Technology
RSPT
GGTL
Energy
RSPT
GGTL
-
Industrials
RSPT
GGTL
Financial Services
RSPT
GGTL
-
Basic Materials
RSPT
-
GGTL
-
Communication Services
RSPT
-
GGTL
Consumer Cyclical
RSPT
-
GGTL
Consumer Defensive
RSPT
-
GGTL
-
Healthcare
RSPT
-
GGTL
-
Real Estate
RSPT
-
GGTL
-
Utilities
RSPT
-
GGTL
-
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Return for Risk
RSPT vs. GGTL — Risk / Return Rank
RSPT
GGTL
RSPT vs. GGTL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Equal Weight Technology ETF (RSPT) and Gabelli Global Technology Leaders ETF (GGTL). 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.
| RSPT | GGTL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.42 | ||
| Sortino ratioReturn per unit of downside risk | +0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.39 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 5.24 | 4.44 | +0.80 |
| Martin ratioReturn relative to average drawdown | 17.83 | 15.15 | +2.68 |
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Drawdowns
RSPT vs. GGTL - Drawdown Comparison
The maximum RSPT drawdown since its inception was -58.91%, which is greater than GGTL's maximum drawdown of -23.65%. Use the drawdown chart below to compare losses from any high point for RSPT and GGTL.
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Drawdown Indicators
| RSPT | GGTL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.91% | -23.65% | -35.26% |
Max Drawdown (1Y)Largest decline over 1 year | -11.47% | -9.20% | -2.27% |
Max Drawdown (3Y)Largest decline over 3 years | -26.62% | -21.46% | -5.16% |
Max Drawdown (5Y)Largest decline over 5 years | -32.49% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -33.67% | — | — |
Current DrawdownCurrent decline from peak | -7.58% | -4.64% | -2.94% |
Average DrawdownAverage peak-to-trough decline | -8.89% | -7.40% | -1.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.36% | 2.69% | +0.67% |
Volatility
RSPT vs. GGTL - Volatility Comparison
Invesco S&P 500 Equal Weight Technology ETF (RSPT) has a higher volatility of 12.54% compared to Gabelli Global Technology Leaders ETF (GGTL) at 11.18%. This indicates that RSPT's price experiences larger fluctuations and is considered to be riskier than GGTL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RSPT | GGTL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.54% | 11.18% | +1.36% |
Volatility (6M)Calculated over the trailing 6-month period | 19.81% | 16.84% | +2.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.79% | 19.45% | +4.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.52% | 18.19% | +6.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.94% | 18.19% | +5.75% |
RSPT vs. GGTL - Expense Ratio Comparison
RSPT has a 0.40% expense ratio, which is lower than GGTL's 0.90% expense ratio.
Dividends
RSPT vs. GGTL - Dividend Comparison
RSPT's dividend yield for the trailing twelve months is around 0.26%, less than GGTL's 0.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GGTL Gabelli Global Technology Leaders ETF | 0.84% | 1.04% | 0.75% | 0.84% | 0.78% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RSPT Invesco S&P 500 Equal Weight Technology ETF | 0.26% | 0.39% | 0.44% | 0.56% | 0.71% | 0.50% | 1.29% | 0.92% | 0.98% | 0.84% | 1.16% | 1.18% |
Frequently Asked Questions
RSPT and GGTL have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RSPT has higher volatility (12.54%) compared to GGTL (11.18%). In terms of maximum drawdown, RSPT dropped -58.91% vs GGTL's -23.65%.
On 3-year performance, RSPT leads with 30.81% vs 21.46% for GGTL. On fees, RSPT is cheaper at 0.40% per year. On volatility, GGTL has been the lower-risk option at 11.18%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, RSPT has performed better with a 30.81% return vs 21.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
RSPT is cheaper with a 0.40% expense ratio, compared with 0.90% for GGTL.
GGTL has the higher dividend yield at 0.84%, compared with 0.26% for RSPT.
They also come from different issuers: Invesco and Gabelli. Their fees differ too: 0.40% for RSPT and 0.90% for GGTL.
RSPT currently has the higher Sharpe Ratio (2.53 vs 2.10), 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.
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