RSPT vs. GINN
RSPT (Invesco S&P 500 Equal Weight Technology ETF) and GINN (Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF) are both Technology Equities funds - RSPT tracks the S&P 500® Information Technology Index while GINN tracks the Solactive Innovative Global Equity Index. Both are passively managed. Over the past 5 years, RSPT returned 17.50%/yr vs 5.45%/yr for GINN. Their correlation of 0.88 suggests significant overlap in exposure. RSPT charges 0.40%/yr vs 0.50%/yr for GINN.
Performance
RSPT vs. GINN - 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 GINN's 5.00% 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%
GINN
- 1D
- -1.06%
- 1M
- -1.95%
- YTD
- 5.00%
- 6M
- 3.65%
- 1Y
- 20.17%
- 3Y*
- 18.28%
- 5Y*
- 5.45%
- 10Y*
- —
RSPT vs. GINN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
RSPT Invesco S&P 500 Equal Weight Technology ETF | 37.17% | 22.15% | 15.16% | 35.18% | -24.50% | 28.53% | 12.14% |
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF | 5.00% | 20.25% | 18.71% | 29.94% | -32.40% | 10.39% | 8.08% |
Correlation
The correlation between RSPT and GINN is 0.83, 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 | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.86 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2020 | 0.88 |
The correlation between RSPT and GINN has been stable across timeframes, ranging from 0.83 to 0.89 - a consistent structural relationship.
RSPT vs. GINN - Sectors Allocation Comparison
Sectors
RSPT
GINN
Technology
Energy
Industrials
Financial Services
Basic Materials
-
Communication Services
-
Consumer Cyclical
-
Consumer Defensive
-
Healthcare
-
Real Estate
-
Utilities
-
Technology
RSPT
GINN
Energy
RSPT
GINN
Industrials
RSPT
GINN
Financial Services
RSPT
GINN
Basic Materials
RSPT
-
GINN
Communication Services
RSPT
-
GINN
Consumer Cyclical
RSPT
-
GINN
Consumer Defensive
RSPT
-
GINN
Healthcare
RSPT
-
GINN
Real Estate
RSPT
-
GINN
Utilities
RSPT
-
GINN
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Return for Risk
RSPT vs. GINN — Risk / Return Rank
RSPT
GINN
RSPT vs. GINN - 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 Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN). 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 | GINN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.30 | ||
| Sortino ratioReturn per unit of downside risk | +1.33 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.22 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 5.24 | 1.54 | +3.71 |
| Martin ratioReturn relative to average drawdown | 17.83 | 5.39 | +12.44 |
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Drawdowns
RSPT vs. GINN - Drawdown Comparison
The maximum RSPT drawdown since its inception was -58.91%, which is greater than GINN's maximum drawdown of -41.25%. Use the drawdown chart below to compare losses from any high point for RSPT and GINN.
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Drawdown Indicators
| RSPT | GINN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.91% | -41.25% | -17.66% |
Max Drawdown (1Y)Largest decline over 1 year | -11.47% | -13.18% | +1.71% |
Max Drawdown (3Y)Largest decline over 3 years | -26.62% | -22.25% | -4.37% |
Max Drawdown (5Y)Largest decline over 5 years | -32.49% | -41.25% | +8.76% |
Max Drawdown (10Y)Largest decline over 10 years | -33.67% | — | — |
Current DrawdownCurrent decline from peak | -7.58% | -4.93% | -2.65% |
Average DrawdownAverage peak-to-trough decline | -8.89% | -13.28% | +4.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.36% | 3.75% | -0.39% |
Volatility
RSPT vs. GINN - Volatility Comparison
Invesco S&P 500 Equal Weight Technology ETF (RSPT) has a higher volatility of 12.54% compared to Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN) at 5.81%. This indicates that RSPT's price experiences larger fluctuations and is considered to be riskier than GINN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RSPT | GINN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.54% | 5.81% | +6.73% |
Volatility (6M)Calculated over the trailing 6-month period | 19.81% | 12.92% | +6.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.79% | 16.57% | +7.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.52% | 21.44% | +3.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.94% | 21.07% | +2.87% |
RSPT vs. GINN - Expense Ratio Comparison
RSPT has a 0.40% expense ratio, which is lower than GINN's 0.50% expense ratio.
Dividends
RSPT vs. GINN - Dividend Comparison
RSPT's dividend yield for the trailing twelve months is around 0.26%, less than GINN's 1.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF | 1.20% | 1.26% | 1.26% | 1.01% | 0.69% | 0.67% | 0.07% | 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 GINN have a correlation of 0.83, 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 GINN (5.81%). In terms of maximum drawdown, RSPT dropped -58.91% vs GINN's -41.25%.
On 5-year performance, RSPT leads with 17.50% vs 5.45% for GINN. On fees, RSPT is cheaper at 0.40% per year. On volatility, GINN has been the lower-risk option at 5.81%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, RSPT has performed better with a 17.50% return vs 5.45%. 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 0.50% for GINN.
GINN has the higher dividend yield at 1.20%, compared with 0.26% for RSPT.
RSPT tracks S&P 500® Information Technology Index, while GINN tracks Solactive Innovative Global Equity Index. They also come from different issuers: Invesco and Goldman Sachs. Their fees differ too: 0.40% for RSPT and 0.50% for GINN.
RSPT currently has the higher Sharpe Ratio (2.53 vs 1.22), 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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