RSPT vs. HDV

Last updated Aug 6, 2026

RSPT (Invesco S&P 500 Equal Weight Technology ETF) and HDV (iShares Core High Dividend ETF) are both exchange-traded funds - RSPT is a Technology Equities fund tracking the S&P 500® Information Technology Index, while HDV is a Dividend fund tracking the Morningstar Dividend Yield Focus Index. Both are passively managed. Over the past 10 years, RSPT returned 21.19%/yr vs 9.57%/yr for HDV. Their 0.54 correlation means they have sometimes moved together and sometimes differently. RSPT charges 0.40%/yr vs 0.08%/yr for HDV.

Performance

RSPT vs. HDV - 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 iShares Core High Dividend ETF (HDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RSPT achieves a 40.65% return, which is significantly higher than HDV's 19.66% return. Over the past 10 years, RSPT has outperformed HDV with an annualized return of 21.19%, while HDV has yielded a comparatively lower 9.57% annualized return.

RSPT

• 1D: -1.16%
• 1M: 2.40%
• 6M: 39.48%
• YTD: 40.65%
• 1Y: 57.32%
• 3Y*: 30.41%
• 5Y*: 16.79%
• 10Y*: 21.19%
• ALL TIME*: 14.77%

HDV

• 1D: -0.24%
• 1M: 3.72%
• 6M: 7.30%
• YTD: 19.66%
• 1Y: 24.30%
• 3Y*: 15.80%
• 5Y*: 12.00%
• 10Y*: 9.57%
• ALL TIME*: 10.79%

*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)
HDV iShares Core High Dividend ETF	$205.70M	$171.89M	$116.16M
RSPT Invesco S&P 500 Equal Weight Technology ETF	$34.09M	$44.90M	$44.73M

RSPT vs. HDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RSPT Invesco S&P 500 Equal Weight Technology ETF	40.65%	22.15%	15.16%	35.18%	-24.50%	28.53%	30.21%	42.07%	-0.61%	32.98%
HDV iShares Core High Dividend ETF	19.66%	11.90%	14.16%	1.72%	7.05%	19.45%	-6.48%	20.22%	-3.01%	13.40%

Correlation

The correlation between RSPT and HDV is -0.14, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.14
Correlation (3Y) Balances recent behavior with more history.	0.14
Correlation (5Y) Shows whether the relationship held over a longer period.	0.35
Correlation (10Y) Provides a long-term view across more market conditions.	0.47
Correlation (All Time) Calculated using the full available price history since Mar 31, 2011	0.54

The correlation between RSPT and HDV shifts across timeframes, from -0.14 (1 year) to 0.54 (all time), reflecting how their relationship changes across market environments.

RSPT vs. HDV - Sectors Allocation Comparison

Sectors	RSPT	HDV
Technology	98.7%	0.9%
Communication Services	1.3%	5.2%
Energy	1.3%	19.8%
Industrials	0.8%	2.8%
Financial Services	0.0%	4.7%
Basic Materials	-	0.8%
Consumer Cyclical	-	9.3%
Consumer Defensive	-	24.3%
Healthcare	-	23.9%
Real Estate	-	-
Utilities	-	8.2%

Return for Risk

RSPT vs. HDV — Risk / Return Rank

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

RSPT

RSPT Risk / Return Rank: 83
RSPT Sharpe Ratio Rank: 87
RSPT Sortino Ratio Rank: 78
RSPT Omega Ratio Rank: 76
RSPT Calmar Ratio Rank: 91
RSPT Martin Ratio Rank: 82

HDV

HDV Risk / Return Rank: 87
HDV Sharpe Ratio Rank: 87
HDV Sortino Ratio Rank: 90
HDV Omega Ratio Rank: 84
HDV Calmar Ratio Rank: 92
HDV Martin Ratio Rank: 84

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. HDV - 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 iShares Core High Dividend ETF (HDV). 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	HDV	Difference
Sharpe ratio: Return per unit of total volatility	2.27	2.26	+0.01
Sortino ratio: Return per unit of downside risk	2.86	3.41	-0.56
Omega ratio: Gain probability vs. loss probability	1.36	1.40	-0.04
Calmar ratio: Return relative to maximum drawdown	4.33	4.71	-0.38
Martin ratio: Return relative to average drawdown	12.48	12.85	-0.38

RSPT vs. HDV - Sharpe Ratio Comparison

The current RSPT Sharpe Ratio is 2.27, which is comparable to the HDV Sharpe Ratio of 2.26. The chart below compares the historical Sharpe Ratios of RSPT and HDV, 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. HDV - Drawdown Comparison

The maximum RSPT drawdown since its inception was -58.91%, which is greater than HDV's maximum drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for RSPT and HDV.

Drawdown Indicators

	RSPT	HDV	Difference
Max Drawdown Largest peak-to-trough decline	-58.91%	-37.04%	-21.87%
Max Drawdown (1Y) Largest decline over 1 year	-13.29%	-5.18%	-8.11%
Max Drawdown (3Y) Largest decline over 3 years	-26.62%	-10.49%	-16.13%
Max Drawdown (5Y) Largest decline over 5 years	-32.49%	-15.42%	-17.07%
Max Drawdown (10Y) Largest decline over 10 years	-33.67%	-37.04%	+3.37%
Current Drawdown Current decline from peak	-5.24%	-1.72%	-3.52%
Average Drawdown Average peak-to-trough decline	-8.89%	-3.06%	-5.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.61%	1.90%	+2.71%

Volatility

RSPT vs. HDV - Volatility Comparison

Invesco S&P 500 Equal Weight Technology ETF (RSPT) has a higher volatility of 8.24% compared to iShares Core High Dividend ETF (HDV) at 4.12%. This indicates that RSPT's price experiences larger fluctuations and is considered to be riskier than HDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSPT	HDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.24%	4.12%	+4.12%
Volatility (6M) Calculated over the trailing 6-month period	20.95%	8.54%	+12.41%
Volatility (1Y) Calculated over the trailing 1-year period	25.43%	10.80%	+14.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.87%	12.94%	+11.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.06%	15.78%	+8.28%

RSPT vs. HDV - Expense Ratio Comparison

RSPT has a 0.40% expense ratio, which is higher than HDV's 0.08% expense ratio.

Dividends

RSPT vs. HDV - Dividend Comparison

RSPT's dividend yield for the trailing twelve months is around 0.26%, less than HDV's 3.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HDV iShares Core High Dividend ETF	3.08%	3.22%	3.67%	3.82%	3.56%	3.47%	4.07%	3.27%	3.67%	3.27%	3.28%	3.92%
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

Can I hold both RSPT and HDV in my portfolio?

RSPT and HDV have a correlation of -0.14, 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 HDV?

RSPT has higher volatility (8.24%) compared to HDV (4.12%). In terms of maximum drawdown, RSPT dropped -58.91% vs HDV's -37.04%.

Which ETF is better, RSPT or HDV?

On 10-year performance, RSPT leads with 21.19% vs 9.57% for HDV. On fees, HDV is cheaper at 0.08% per year. On volatility, HDV has been the lower-risk option at 4.12%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RSPT or HDV?

Over the 10-year period, RSPT has performed better with a 21.19% return vs 9.57%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RSPT or HDV?

HDV is cheaper with a 0.08% expense ratio, compared with 0.40% for RSPT.

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

HDV has the higher dividend yield at 3.08%, compared with 0.26% for RSPT.

What is the main difference between RSPT and HDV?

RSPT is categorized as Technology Equities, while HDV is Dividend. RSPT tracks S&P 500® Information Technology Index, while HDV tracks Morningstar Dividend Yield Focus Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.40% for RSPT and 0.08% for HDV.

Which has better risk-adjusted returns?

RSPT currently has the higher Sharpe Ratio (2.27 vs 2.26), 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.