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RSPT vs. QQQE
Performance
Return for Risk
Dividends
Drawdowns
Volatility

RSPT vs. QQQE

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco S&P 500 Equal Weight Technology ETF (RSPT) and Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE).

RSPT and QQQE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RSPT is a passively managed fund by Invesco that tracks the performance of the S&P 500® Information Technology Index. It was launched on Jan 11, 2006. QQQE is a passively managed fund by Direxion that tracks the performance of the NASDAQ-100 Equal Weighted Index. It was launched on Mar 21, 2012. Both RSPT and QQQE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

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.

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RSPT vs. QQQE - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
RSPT
Invesco S&P 500 Equal Weight Technology ETF		0.92%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		-2.88%14.58%6.98%33.76%-24.47%17.93%37.85%36.43%-5.40%26.53%

Returns By Period

In the year-to-date period, RSPT achieves a 0.92% return, which is significantly higher than QQQE's -2.88% return. Over the past 10 years, RSPT has outperformed QQQE with an annualized return of 18.08%, while QQQE has yielded a comparatively lower 13.30% annualized return.

RSPT

1D
1.39%
1M
-2.46%
YTD
0.92%
6M
2.20%
1Y
34.05%
3Y*
19.03%
5Y*
11.32%
10Y*
18.08%

QQQE

1D
0.68%
1M
-4.20%
YTD
-2.88%
6M
-2.59%
1Y
13.91%
3Y*
11.84%
5Y*
6.34%
10Y*
13.30%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Invesco S&P 500 Equal Weight Technology ETF

Direxion NASDAQ-100 Equal Weighted Index Shares

Often compared with RSPT:
RSPT vs. VOORSPT vs. QQQRSPT vs. RSPDRSPT vs. QQQMRSPT vs. VGTRSPT vs. QTECRSPT vs. NXT
Often compared with QQQE:
QQQE vs. QQQQQQE vs. QQQMQQQE vs. QQEWQQQE vs. TQQQQQQE vs. SPYGQQQE vs. VOOQQQE vs. SPY

RSPT vs. QQQE - Expense Ratio Comparison

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

RSPT
Invesco S&P 500 Equal Weight Technology ETF
QQQE
Direxion NASDAQ-100 Equal Weighted Index Shares

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: 7474
Overall Rank
RSPT Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
RSPT Sortino Ratio Rank: 7070
Sortino Ratio Rank
RSPT Omega Ratio Rank: 6767
Omega Ratio Rank
RSPT Calmar Ratio Rank: 8080
Calmar Ratio Rank
RSPT Martin Ratio Rank: 8181
Martin Ratio Rank
QQQE
QQQE Risk / Return Rank: 3939
Overall Rank
QQQE Sharpe Ratio Rank: 3434
Sharpe Ratio Rank
QQQE Sortino Ratio Rank: 3737
Sortino Ratio Rank
QQQE Omega Ratio Rank: 3838
Omega Ratio Rank
QQQE Calmar Ratio Rank: 4242
Calmar Ratio Rank
QQQE Martin Ratio Rank: 4646
Martin Ratio Rank
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.

RSPTQQQEDifference

Sharpe ratio

Return per unit of total volatility

1.26

0.68

+0.58

Sortino ratio

Return per unit of downside risk

1.82

1.13

+0.70

Omega ratio

Gain probability vs. loss probability

1.25

1.16

+0.10

Calmar ratio

Return relative to maximum drawdown

2.33

1.14

+1.19

Martin ratio

Return relative to average drawdown

9.43

4.59

+4.84

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 1.26, which is higher than the QQQE Sharpe Ratio of 0.68. The chart below compares the historical Sharpe Ratios of RSPT and QQQE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

RSPTQQQEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.26

0.68

+0.58

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.48

0.31

+0.16

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.77

0.64

+0.12

Sharpe Ratio (All Time)

Calculated using the full available price history

0.56

0.69

-0.13

Correlation

The correlation between RSPT and QQQE is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

RSPT vs. QQQE - Dividend Comparison

RSPT's dividend yield for the trailing twelve months is around 0.37%, less than QQQE's 0.64% yield.

TTM20252024202320222021202020192018201720162015
RSPT
Invesco S&P 500 Equal Weight Technology ETF		0.37%0.39%0.44%0.56%0.71%0.50%1.29%0.92%0.98%0.84%1.16%1.18%
QQQE
Direxion NASDAQ-100 Equal Weighted Index Shares		0.64%0.52%0.86%0.79%0.98%3.83%0.54%0.74%0.80%0.65%1.17%0.57%

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.

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Drawdown Indicators

RSPTQQQEDifference

Max Drawdown

Largest peak-to-trough decline

-58.91%

-32.14%

-26.77%

Max Drawdown (1Y)

Largest decline over 1 year

-14.90%

-12.74%

-2.16%

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

-5.79%

-6.45%

+0.66%

Average Drawdown

Average peak-to-trough decline

-8.97%

-5.22%

-3.75%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.68%

3.16%

+0.52%

Volatility

RSPT vs. QQQE - Volatility Comparison

Invesco S&P 500 Equal Weight Technology ETF (RSPT) has a higher volatility of 8.37% compared to Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) at 5.64%. 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.

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Volatility by Period

RSPTQQQEDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.37%

5.64%

+2.73%

Volatility (6M)

Calculated over the trailing 6-month period

17.01%

11.05%

+5.96%

Volatility (1Y)

Calculated over the trailing 1-year period

27.20%

20.47%

+6.73%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.82%

20.32%

+3.50%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.59%

20.71%

+2.88%