RSPT vs. GXPT

Last updated Aug 4, 2026

RSPT (Invesco S&P 500 Equal Weight Technology ETF) and GXPT (Global X PureCap MSCI Information Technology ETF) are both Technology Equities funds - RSPT tracks the S&P 500® Information Technology Index while GXPT tracks the MSCI USA Information Technology PureCap Index. Both are passively managed. Over the past year, RSPT returned 50.97% vs 30.95% for GXPT. Their correlation of 0.82 means they have usually moved in the same direction. RSPT charges 0.40%/yr vs 0.15%/yr for GXPT.

Performance

RSPT vs. GXPT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P 500 Equal Weight Technology ETF (RSPT) and Global X PureCap MSCI Information Technology ETF (GXPT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RSPT achieves a 34.90% return, which is significantly higher than GXPT's 17.60% return.

RSPT

• 1D: 1.46%
• 1M: -0.11%
• 6M: 28.39%
• YTD: 34.90%
• 1Y: 50.97%
• 3Y*: 28.61%
• 5Y*: 15.94%
• 10Y*: 20.69%
• ALL TIME*: 14.53%

GXPT

• 1D: 1.42%
• 1M: 1.35%
• 6M: 19.51%
• YTD: 17.60%
• 1Y: 30.95%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 30.08%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GXPT Global X PureCap MSCI Information Technology ETF	$16.90M	$9.50M	$5.80M
RSPT Invesco S&P 500 Equal Weight Technology ETF	$34.86M	$46.20M	$44.03M

RSPT vs. GXPT - Yearly Performance Comparison

	2026 (YTD)	2025
RSPT Invesco S&P 500 Equal Weight Technology ETF	34.90%	9.96%
GXPT Global X PureCap MSCI Information Technology ETF	17.60%	11.47%

Correlation

The correlation between RSPT and GXPT is 0.82, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.82
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025	0.82

The correlation between RSPT and GXPT has been stable across timeframes, ranging from 0.82 to 0.82 - a consistent structural relationship.

Return for Risk

RSPT vs. GXPT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

RSPT

RSPT Risk / Return Rank: 82
RSPT Sharpe Ratio Rank: 86
RSPT Sortino Ratio Rank: 79
RSPT Omega Ratio Rank: 76
RSPT Calmar Ratio Rank: 90
RSPT Martin Ratio Rank: 82

GXPT

GXPT Risk / Return Rank: 45
GXPT Sharpe Ratio Rank: 50
GXPT Sortino Ratio Rank: 48
GXPT Omega Ratio Rank: 45
GXPT Calmar Ratio Rank: 43
GXPT Martin Ratio Rank: 39

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

RSPT vs. GXPT - 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 Global X PureCap MSCI Information Technology ETF (GXPT). 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	GXPT	Difference
Sharpe ratio: Return per unit of total volatility	2.06	1.32	+0.74
Sortino ratio: Return per unit of downside risk	2.60	1.87	+0.74
Omega ratio: Gain probability vs. loss probability	1.32	1.23	+0.10
Calmar ratio: Return relative to maximum drawdown	3.85	1.66	+2.19
Martin ratio: Return relative to average drawdown	11.13	4.35	+6.78

RSPT vs. GXPT - Sharpe Ratio Comparison

The current RSPT Sharpe Ratio is 2.06, which is higher than the GXPT Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of RSPT and GXPT, 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

RSPT vs. GXPT - Drawdown Comparison

The maximum RSPT drawdown since its inception was -58.91%, which is greater than GXPT's maximum drawdown of -18.74%. Use the drawdown chart below to compare losses from any high point for RSPT and GXPT.

Drawdown Indicators

	RSPT	GXPT	Difference
Max Drawdown Largest peak-to-trough decline	-58.91%	-18.74%	-40.17%
Max Drawdown (1Y) Largest decline over 1 year	-13.29%	-18.74%	+5.45%
Max Drawdown (3Y) Largest decline over 3 years	-26.62%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-32.49%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.67%	—	—
Current Drawdown Current decline from peak	-9.11%	-8.14%	-0.97%
Average Drawdown Average peak-to-trough decline	-8.89%	-5.46%	-3.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.59%	7.13%	-2.54%

Volatility

RSPT vs. GXPT - Volatility Comparison

The current volatility for Invesco S&P 500 Equal Weight Technology ETF (RSPT) is 6.66%, while Global X PureCap MSCI Information Technology ETF (GXPT) has a volatility of 7.76%. This indicates that RSPT experiences smaller price fluctuations and is considered to be less risky than GXPT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSPT	GXPT	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.66%	7.76%	-1.10%
Volatility (6M) Calculated over the trailing 6-month period	20.51%	19.32%	+1.19%
Volatility (1Y) Calculated over the trailing 1-year period	24.91%	23.53%	+1.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.74%	23.28%	+1.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.01%	23.28%	+0.73%

RSPT vs. GXPT - Expense Ratio Comparison

RSPT has a 0.40% expense ratio, which is higher than GXPT's 0.15% expense ratio.

Dividends

RSPT vs. GXPT - Dividend Comparison

RSPT's dividend yield for the trailing twelve months is around 0.27%, more than GXPT's 0.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GXPT Global X PureCap MSCI Information Technology ETF	0.22%	0.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RSPT Invesco S&P 500 Equal Weight Technology ETF	0.27%	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

Can I hold both RSPT and GXPT in my portfolio?

RSPT and GXPT have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RSPT or GXPT?

GXPT has higher volatility (7.76%) compared to RSPT (6.66%). In terms of maximum drawdown, RSPT dropped -58.91% vs GXPT's -18.74%.

Which ETF is better, RSPT or GXPT?

On 1-year performance, RSPT leads with 50.97% vs 30.95% for GXPT. On fees, GXPT is cheaper at 0.15% per year. On volatility, RSPT has been the lower-risk option at 6.66%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RSPT or GXPT?

Over the 1-year period, RSPT has performed better with a 50.97% return vs 30.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RSPT or GXPT?

GXPT is cheaper with a 0.15% expense ratio, compared with 0.40% for RSPT.

Which ETF pays a higher dividend yield, RSPT or GXPT?

RSPT has the higher dividend yield at 0.27%, compared with 0.22% for GXPT.

What is the main difference between RSPT and GXPT?

RSPT tracks S&P 500® Information Technology Index, while GXPT tracks MSCI USA Information Technology PureCap Index. They also come from different issuers: Invesco and Global X. Their fees differ too: 0.40% for RSPT and 0.15% for GXPT.

Which has better risk-adjusted returns?

RSPT currently has the higher Sharpe Ratio (2.06 vs 1.32), 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.