RSPT vs. NXTG

Last updated Jun 4, 2026

RSPT (Invesco S&P 500 Equal Weight Technology ETF) and NXTG (First Trust IndXX NextG ETF) are both Technology Equities funds - RSPT tracks the S&P 500® Information Technology Index while NXTG tracks the Indxx 5G & NextG Thematic Index. Both are passively managed. Over the past 10 years, RSPT returned 22.48%/yr vs 17.94%/yr for NXTG. A 0.77 correlation means they provide meaningful diversification when combined. RSPT charges 0.40%/yr vs 0.70%/yr for NXTG.

Performance

RSPT vs. NXTG - 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 First Trust IndXX NextG ETF (NXTG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RSPT achieves a 47.30% return, which is significantly lower than NXTG's 54.54% return. Over the past 10 years, RSPT has outperformed NXTG with an annualized return of 22.48%, while NXTG has yielded a comparatively lower 17.94% annualized return.

RSPT

• 1D: -0.76%
• 1M: 22.88%
• YTD: 47.30%
• 6M: 46.37%
• 1Y: 75.62%
• 3Y*: 33.71%
• 5Y*: 19.46%
• 10Y*: 22.48%

NXTG

• 1D: -0.82%
• 1M: 22.84%
• YTD: 54.54%
• 6M: 55.39%
• 1Y: 82.82%
• 3Y*: 35.56%
• 5Y*: 19.17%
• 10Y*: 17.94%

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

RSPT vs. NXTG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RSPT Invesco S&P 500 Equal Weight Technology ETF	47.30%	22.15%	15.16%	35.18%	-24.50%	28.53%	30.21%	42.07%	-0.61%	32.98%
NXTG First Trust IndXX NextG ETF	54.54%	28.46%	12.85%	28.74%	-24.70%	21.81%	27.58%	29.58%	-17.25%	28.02%

Correlation

The correlation between RSPT and NXTG is 0.87, 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	0.87
Correlation (3Y) Calculated over the trailing 3-year period	0.85
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (10Y) Calculated over the trailing 10-year period	0.82
Correlation (All Time) Calculated using the full available price history since Feb 22, 2011	0.77

The correlation between RSPT and NXTG shifts across timeframes, from 0.77 (all time) to 0.87 (5 years), reflecting how their relationship changes across market environments.

RSPT vs. NXTG - Sectors Allocation Comparison

Sectors	RSPT	NXTG
Technology	97.6%	66.1%
Energy	1.4%	-
Industrials	1.0%	4.3%
Financial Services	0.1%	-
Basic Materials	-	-
Communication Services	-	21.7%
Consumer Cyclical	-	0.4%
Consumer Defensive	-	-
Healthcare	-	-
Real Estate	-	7.5%
Utilities	-	-

Return for Risk

RSPT vs. NXTG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RSPT

RSPT Risk / Return Rank: 91
RSPT Sharpe Ratio Rank: 93
RSPT Sortino Ratio Rank: 90
RSPT Omega Ratio Rank: 86
RSPT Calmar Ratio Rank: 94
RSPT Martin Ratio Rank: 93

NXTG

NXTG Risk / Return Rank: 96
NXTG Sharpe Ratio Rank: 97
NXTG Sortino Ratio Rank: 96
NXTG Omega Ratio Rank: 96
NXTG Calmar Ratio Rank: 95
NXTG Martin Ratio Rank: 95

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.

RSPT vs. NXTG - 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 First Trust IndXX NextG ETF (NXTG). 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.

	RSPT	NXTG	Difference
Sharpe ratio Return per unit of total volatility	3.54	4.52	-0.98
Sortino ratio Return per unit of downside risk	4.27	5.69	-1.42
Omega ratio Gain probability vs. loss probability	1.55	1.77	-0.23
Calmar ratio Return relative to maximum drawdown	7.12	8.10	-0.98
Martin ratio Return relative to average drawdown	25.76	31.73	-5.97
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RSPT vs. NXTG - Sharpe Ratio Comparison

The current RSPT Sharpe Ratio is 3.54, which is comparable to the NXTG Sharpe Ratio of 4.52. The chart below compares the historical Sharpe Ratios of RSPT and NXTG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RSPT	NXTG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.54	4.52	-0.98
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.81	1.08	-0.26
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.95	0.95	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	0.69	-0.04

Drawdowns

RSPT vs. NXTG - Drawdown Comparison

The maximum RSPT drawdown since its inception was -58.91%, which is greater than NXTG's maximum drawdown of -33.61%. Use the drawdown chart below to compare losses from any high point for RSPT and NXTG.

Drawdown Indicators

	RSPT	NXTG	Difference
Max Drawdown Largest peak-to-trough decline	-58.91%	-33.61%	-25.30%
Max Drawdown (1Y) Largest decline over 1 year	-10.67%	-10.28%	-0.39%
Max Drawdown (3Y) Largest decline over 3 years	-26.62%	-17.75%	-8.87%
Max Drawdown (5Y) Largest decline over 5 years	-32.49%	-33.61%	+1.12%
Max Drawdown (10Y) Largest decline over 10 years	-33.67%	-33.61%	-0.06%
Current Drawdown Current decline from peak	-0.76%	-0.82%	+0.06%
Average Drawdown Average peak-to-trough decline	-8.90%	-7.87%	-1.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.95%	2.62%	+0.33%

Volatility

RSPT vs. NXTG - Volatility Comparison

The current volatility for Invesco S&P 500 Equal Weight Technology ETF (RSPT) is 7.02%, while First Trust IndXX NextG ETF (NXTG) has a volatility of 8.27%. This indicates that RSPT experiences smaller price fluctuations and is considered to be less risky than NXTG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSPT	NXTG	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.02%	8.27%	-1.25%
Volatility (6M) Calculated over the trailing 6-month period	17.12%	15.26%	+1.86%
Volatility (1Y) Calculated over the trailing 1-year period	21.55%	18.44%	+3.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.08%	17.93%	+6.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.77%	18.88%	+4.89%

RSPT vs. NXTG - Expense Ratio Comparison

RSPT has a 0.40% expense ratio, which is lower than NXTG's 0.70% expense ratio.

Dividends

RSPT vs. NXTG - Dividend Comparison

RSPT's dividend yield for the trailing twelve months is around 0.25%, less than NXTG's 1.11% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NXTG First Trust IndXX NextG ETF	1.11%	1.56%	1.51%	2.15%	2.04%	1.97%	1.04%	0.77%	1.27%	1.65%	1.23%	1.11%
RSPT Invesco S&P 500 Equal Weight Technology ETF	0.25%	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 NXTG in my portfolio?

RSPT and NXTG have a correlation of 0.87, 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 NXTG?

NXTG has higher volatility (8.27%) compared to RSPT (7.02%). In terms of maximum drawdown, RSPT dropped -58.91% vs NXTG's -33.61%.

Which ETF is better, RSPT or NXTG?

On 10-year performance, RSPT leads with 22.48% vs 17.94% for NXTG. On fees, RSPT is cheaper at 0.40% per year. On volatility, RSPT has been the lower-risk option at 7.02%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RSPT or NXTG?

Over the 10-year period, RSPT has performed better with a 22.48% return vs 17.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RSPT or NXTG?

RSPT is cheaper with a 0.40% expense ratio, compared with 0.70% for NXTG.

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

NXTG has the higher dividend yield at 1.11%, compared with 0.25% for RSPT.

What is the main difference between RSPT and NXTG?

RSPT tracks S&P 500® Information Technology Index, while NXTG tracks Indxx 5G & NextG Thematic Index. They also come from different issuers: Invesco and First Trust. Their fees differ too: 0.40% for RSPT and 0.70% for NXTG.

Which has better risk-adjusted returns?

NXTG currently has the higher Sharpe Ratio (4.52 vs 3.54), 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.