RSPT vs. QQQE

Last updated Jun 4, 2026

RSPT (Invesco S&P 500 Equal Weight Technology ETF) and QQQE (Direxion NASDAQ-100 Equal Weighted Index Shares) are both exchange-traded funds - RSPT is a Technology Equities fund tracking the S&P 500® Information Technology Index, while QQQE is a Nasdaq-100 fund tracking the NASDAQ-100 Equal Weighted Index. Both are passively managed. Over the past 10 years, RSPT returned 22.48%/yr vs 15.49%/yr for QQQE. Their correlation of 0.91 suggests significant overlap in exposure. RSPT charges 0.40%/yr vs 0.35%/yr for QQQE.

Performance

RSPT vs. QQQE - 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 Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE). 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 higher than QQQE's 19.12% return. Over the past 10 years, RSPT has outperformed QQQE with an annualized return of 22.48%, while QQQE has yielded a comparatively lower 15.49% 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%

QQQE

• 1D: -0.10%
• 1M: 10.46%
• YTD: 19.12%
• 6M: 17.48%
• 1Y: 28.68%
• 3Y*: 18.69%
• 5Y*: 10.30%
• 10Y*: 15.49%

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

RSPT vs. QQQE - 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%
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares	19.12%	14.58%	6.98%	33.76%	-24.47%	17.93%	37.85%	36.43%	-5.40%	26.53%

Correlation

The correlation between RSPT and QQQE is 0.91, 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	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (10Y) Calculated over the trailing 10-year period	0.93
Correlation (All Time) Calculated using the full available price history since Mar 22, 2012	0.91

The correlation between RSPT and QQQE has been stable across timeframes, ranging from 0.91 to 0.94 - a consistent structural relationship.

RSPT vs. QQQE - Sectors Allocation Comparison

Sectors	RSPT	QQQE
Technology	97.6%	45.1%
Energy	1.4%	2.0%
Industrials	1.0%	10.1%
Financial Services	0.1%	1.0%
Basic Materials	-	0.9%
Communication Services	-	9.1%
Consumer Cyclical	-	10.9%
Consumer Defensive	-	7.7%
Healthcare	-	8.6%
Real Estate	-	0.7%
Utilities	-	3.9%

Return for Risk

RSPT vs. QQQE — 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

QQQE

QQQE Risk / Return Rank: 58
QQQE Sharpe Ratio Rank: 59
QQQE Sortino Ratio Rank: 57
QQQE Omega Ratio Rank: 55
QQQE Calmar Ratio Rank: 61
QQQE Martin Ratio Rank: 59

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. QQQE - 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 Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE). 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	QQQE	Difference
Sharpe ratio: Return per unit of total volatility	3.54	2.04	+1.50
Sortino ratio: Return per unit of downside risk	4.27	2.79	+1.48
Omega ratio: Gain probability vs. loss probability	1.55	1.35	+0.20
Calmar ratio: Return relative to maximum drawdown	7.12	3.06	+4.06
Martin ratio: Return relative to average drawdown	25.76	10.57	+15.19
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. QQQE - Sharpe Ratio Comparison

The current RSPT Sharpe Ratio is 3.54, which is higher than the QQQE Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of RSPT and QQQE, 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	QQQE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.54	2.04	+1.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.81	0.51	+0.30
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.95	0.75	+0.20
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	0.76	-0.11

Drawdowns

RSPT vs. QQQE - Drawdown Comparison

The maximum RSPT drawdown since its inception was -58.91%, which is greater than QQQE's maximum drawdown of -32.14%. Use the drawdown chart below to compare losses from any high point for RSPT and QQQE.

Drawdown Indicators

	RSPT	QQQE	Difference
Max Drawdown Largest peak-to-trough decline	-58.91%	-32.14%	-26.77%
Max Drawdown (1Y) Largest decline over 1 year	-10.67%	-9.41%	-1.26%
Max Drawdown (3Y) Largest decline over 3 years	-26.62%	-21.38%	-5.24%
Max Drawdown (5Y) Largest decline over 5 years	-32.49%	-32.14%	-0.35%
Max Drawdown (10Y) Largest decline over 10 years	-33.67%	-32.14%	-1.53%
Current Drawdown Current decline from peak	-0.76%	-0.10%	-0.66%
Average Drawdown Average peak-to-trough decline	-8.90%	-5.17%	-3.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.95%	2.72%	+0.23%

Volatility

RSPT vs. QQQE - Volatility Comparison

Invesco S&P 500 Equal Weight Technology ETF (RSPT) has a higher volatility of 7.02% compared to Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) at 3.79%. This indicates that RSPT's price experiences larger fluctuations and is considered to be riskier than QQQE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSPT	QQQE	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.02%	3.79%	+3.23%
Volatility (6M) Calculated over the trailing 6-month period	17.12%	10.64%	+6.48%
Volatility (1Y) Calculated over the trailing 1-year period	21.55%	14.15%	+7.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.08%	20.30%	+3.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.77%	20.72%	+3.05%

RSPT vs. QQQE - Expense Ratio Comparison

RSPT has a 0.40% expense ratio, which is higher than QQQE's 0.35% expense ratio.

Dividends

RSPT vs. QQQE - Dividend Comparison

RSPT's dividend yield for the trailing twelve months is around 0.25%, less than QQQE's 0.52% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares	0.52%	0.52%	0.86%	0.79%	0.98%	3.83%	0.54%	0.74%	0.80%	0.65%	1.17%	0.57%
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 QQQE in my portfolio?

With a correlation of 0.91, RSPT and QQQE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, RSPT or QQQE?

RSPT has higher volatility (7.02%) compared to QQQE (3.79%). In terms of maximum drawdown, RSPT dropped -58.91% vs QQQE's -32.14%.

Which ETF is better, RSPT or QQQE?

On 10-year performance, RSPT leads with 22.48% vs 15.49% for QQQE. On fees, QQQE is cheaper at 0.35% per year. On volatility, QQQE has been the lower-risk option at 3.79%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RSPT or QQQE?

Over the 10-year period, RSPT has performed better with a 22.48% return vs 15.49%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RSPT or QQQE?

QQQE is cheaper with a 0.35% expense ratio, compared with 0.40% for RSPT.

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

QQQE has the higher dividend yield at 0.52%, compared with 0.25% for RSPT.

What is the main difference between RSPT and QQQE?

RSPT is categorized as Technology Equities, while QQQE is Nasdaq-100. RSPT tracks S&P 500® Information Technology Index, while QQQE tracks NASDAQ-100 Equal Weighted Index. They also come from different issuers: Invesco and Direxion. Their fees differ too: 0.40% for RSPT and 0.35% for QQQE.

Which has better risk-adjusted returns?

RSPT currently has the higher Sharpe Ratio (3.54 vs 2.04), 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.