RSPT vs. SOXQ

Last updated Jun 4, 2026

RSPT (Invesco S&P 500 Equal Weight Technology ETF) and SOXQ (Invesco PHLX Semiconductor ETF) are both exchange-traded funds - RSPT is a Technology Equities fund tracking the S&P 500® Information Technology Index, while SOXQ is a Semiconductors fund tracking the PHLX Semiconductor Sector Index. Both are passively managed. Over the past 3 years, RSPT returned 33.71%/yr vs 59.40%/yr for SOXQ. Their correlation of 0.90 suggests significant overlap in exposure. RSPT charges 0.40%/yr vs 0.19%/yr for SOXQ.

Performance

RSPT vs. SOXQ - 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 Invesco PHLX Semiconductor ETF (SOXQ). 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 SOXQ's 96.72% 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%

SOXQ

• 1D: 1.42%
• 1M: 32.12%
• YTD: 96.72%
• 6M: 91.61%
• 1Y: 181.76%
• 3Y*: 59.40%
• 5Y*: —
• 10Y*: —

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

RSPT vs. SOXQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
RSPT Invesco S&P 500 Equal Weight Technology ETF	47.30%	22.15%	15.16%	35.18%	-24.50%	14.13%
SOXQ Invesco PHLX Semiconductor ETF	96.72%	43.11%	20.16%	66.74%	-35.59%	24.82%

Correlation

The correlation between RSPT and SOXQ is 0.82, 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	0.82
Correlation (3Y) Calculated over the trailing 3-year period	0.88
Correlation (All Time) Calculated using the full available price history since Jun 14, 2021	0.90

The correlation between RSPT and SOXQ has been stable across timeframes, ranging from 0.82 to 0.90 - a consistent structural relationship.

RSPT vs. SOXQ - Sectors Allocation Comparison

Sectors	RSPT	SOXQ
Technology	97.6%	100.0%
Energy	1.4%	-
Industrials	1.0%	-
Financial Services	0.1%	0.0%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

RSPT vs. SOXQ — 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

SOXQ

SOXQ Risk / Return Rank: 96
SOXQ Sharpe Ratio Rank: 98
SOXQ Sortino Ratio Rank: 95
SOXQ Omega Ratio Rank: 95
SOXQ Calmar Ratio Rank: 97
SOXQ Martin Ratio Rank: 97

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. SOXQ - 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 Invesco PHLX Semiconductor ETF (SOXQ). 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	SOXQ	Difference
Sharpe ratio: Return per unit of total volatility	3.54	5.43	-1.89
Sortino ratio: Return per unit of downside risk	4.27	5.22	-0.95
Omega ratio: Gain probability vs. loss probability	1.55	1.72	-0.18
Calmar ratio: Return relative to maximum drawdown	7.12	11.73	-4.61
Martin ratio: Return relative to average drawdown	25.76	45.01	-19.26
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. SOXQ - Sharpe Ratio Comparison

The current RSPT Sharpe Ratio is 3.54, which is lower than the SOXQ Sharpe Ratio of 5.43. The chart below compares the historical Sharpe Ratios of RSPT and SOXQ, 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	SOXQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.54	5.43	-1.89
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.81	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.95	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	0.98	-0.33

Drawdowns

RSPT vs. SOXQ - Drawdown Comparison

The maximum RSPT drawdown since its inception was -58.91%, which is greater than SOXQ's maximum drawdown of -46.01%. Use the drawdown chart below to compare losses from any high point for RSPT and SOXQ.

Drawdown Indicators

	RSPT	SOXQ	Difference
Max Drawdown Largest peak-to-trough decline	-58.91%	-46.01%	-12.90%
Max Drawdown (1Y) Largest decline over 1 year	-10.67%	-15.59%	+4.92%
Max Drawdown (3Y) Largest decline over 3 years	-26.62%	-39.36%	+12.74%
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	-0.76%	0.00%	-0.76%
Average Drawdown Average peak-to-trough decline	-8.90%	-12.96%	+4.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.95%	4.06%	-1.11%

Volatility

RSPT vs. SOXQ - Volatility Comparison

The current volatility for Invesco S&P 500 Equal Weight Technology ETF (RSPT) is 7.02%, while Invesco PHLX Semiconductor ETF (SOXQ) has a volatility of 13.44%. This indicates that RSPT experiences smaller price fluctuations and is considered to be less risky than SOXQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSPT	SOXQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.02%	13.44%	-6.42%
Volatility (6M) Calculated over the trailing 6-month period	17.12%	26.70%	-9.58%
Volatility (1Y) Calculated over the trailing 1-year period	21.55%	33.78%	-12.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.08%	36.38%	-12.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.77%	36.38%	-12.61%

RSPT vs. SOXQ - Expense Ratio Comparison

RSPT has a 0.40% expense ratio, which is higher than SOXQ's 0.19% expense ratio.

Dividends

RSPT vs. SOXQ - Dividend Comparison

RSPT's dividend yield for the trailing twelve months is around 0.25%, less than SOXQ's 0.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
SOXQ Invesco PHLX Semiconductor ETF	0.26%	0.50%	0.68%	0.87%	1.36%	0.72%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RSPT and SOXQ in my portfolio?

RSPT and SOXQ 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 SOXQ?

SOXQ has higher volatility (13.44%) compared to RSPT (7.02%). In terms of maximum drawdown, RSPT dropped -58.91% vs SOXQ's -46.01%.

Which ETF is better, RSPT or SOXQ?

On 3-year performance, SOXQ leads with 59.40% vs 33.71% for RSPT. On fees, SOXQ is cheaper at 0.19% 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 SOXQ?

Over the 3-year period, SOXQ has performed better with a 59.40% return vs 33.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RSPT or SOXQ?

SOXQ is cheaper with a 0.19% expense ratio, compared with 0.40% for RSPT.

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

RSPT and SOXQ have nearly identical dividend yields, around 0.25%.

What is the main difference between RSPT and SOXQ?

RSPT is categorized as Technology Equities, while SOXQ is Semiconductors. RSPT tracks S&P 500® Information Technology Index, while SOXQ tracks PHLX Semiconductor Sector Index. Their fees differ too: 0.40% for RSPT and 0.19% for SOXQ.

Which has better risk-adjusted returns?

SOXQ currently has the higher Sharpe Ratio (5.43 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.