RSPT vs. USFR
RSPT (Invesco S&P 500 Equal Weight Technology ETF) and USFR (WisdomTree Floating Rate Treasury Fund) are both exchange-traded funds - RSPT is a Technology Equities fund tracking the S&P 500® Information Technology Index, while USFR is a Government Bonds fund tracking the Bloomberg U.S. Treasury Floating Rate Bond Index. Both are passively managed. Over the past 10 years, RSPT returned 22.48%/yr vs 2.43%/yr for USFR. At a 0.01 correlation, their price movements are largely independent. RSPT charges 0.40%/yr vs 0.15%/yr for USFR.
Performance
RSPT vs. USFR - Performance Comparison
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Returns By Period
In the year-to-date period, RSPT achieves a 42.08% return, which is significantly higher than USFR's 1.78% return. Over the past 10 years, RSPT has outperformed USFR with an annualized return of 22.48%, while USFR has yielded a comparatively lower 2.43% annualized return.
RSPT
- 1D
- 1.05%
- 1M
- 6.01%
- YTD
- 42.08%
- 6M
- 39.20%
- 1Y
- 67.08%
- 3Y*
- 32.35%
- 5Y*
- 18.58%
- 10Y*
- 22.48%
USFR
- 1D
- 0.00%
- 1M
- 0.29%
- YTD
- 1.78%
- 6M
- 1.89%
- 1Y
- 3.97%
- 3Y*
- 4.72%
- 5Y*
- 3.70%
- 10Y*
- 2.43%
RSPT vs. USFR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RSPT Invesco S&P 500 Equal Weight Technology ETF | 42.08% | 22.15% | 15.16% | 35.18% | -24.50% | 28.53% | 30.21% | 42.07% | -0.61% | 32.98% |
USFR WisdomTree Floating Rate Treasury Fund | 1.78% | 4.23% | 5.47% | 5.18% | 1.98% | -0.03% | 0.56% | 2.02% | 2.01% | 1.03% |
Correlation
The correlation between RSPT and USFR is -0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.03 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.00 |
Correlation (All Time) Calculated using the full available price history since Feb 4, 2014 | 0.01 |
The correlation between RSPT and USFR shifts across timeframes, from -0.10 (1 year) to 0.01 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
RSPT vs. USFR — Risk / Return Rank
RSPT
USFR
RSPT vs. USFR - 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 WisdomTree Floating Rate Treasury Fund (USFR). 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 | USFR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -11.78 | ||
| Sortino ratioReturn per unit of downside risk | -46.46 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 13.24 | -11.79 |
| Calmar ratioReturn relative to maximum drawdown | 5.88 | 200.29 | -194.42 |
| Martin ratioReturn relative to average drawdown | 20.20 | 775.73 | -755.54 |
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Drawdowns
RSPT vs. USFR - Drawdown Comparison
The maximum RSPT drawdown since its inception was -58.91%, which is greater than USFR's maximum drawdown of -1.36%. Use the drawdown chart below to compare losses from any high point for RSPT and USFR.
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Drawdown Indicators
| RSPT | USFR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.91% | -1.36% | -57.55% |
Max Drawdown (1Y)Largest decline over 1 year | -11.47% | -0.02% | -11.45% |
Max Drawdown (3Y)Largest decline over 3 years | -26.62% | -0.06% | -26.56% |
Max Drawdown (5Y)Largest decline over 5 years | -32.49% | -0.18% | -32.31% |
Max Drawdown (10Y)Largest decline over 10 years | -33.67% | -0.80% | -32.87% |
Current DrawdownCurrent decline from peak | -4.28% | 0.00% | -4.28% |
Average DrawdownAverage peak-to-trough decline | -8.89% | -0.15% | -8.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.33% | 0.01% | +3.32% |
Volatility
RSPT vs. USFR - Volatility Comparison
Invesco S&P 500 Equal Weight Technology ETF (RSPT) has a higher volatility of 11.94% compared to WisdomTree Floating Rate Treasury Fund (USFR) at 0.08%. This indicates that RSPT's price experiences larger fluctuations and is considered to be riskier than USFR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RSPT | USFR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.94% | 0.08% | +11.86% |
Volatility (6M)Calculated over the trailing 6-month period | 19.48% | 0.19% | +19.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.55% | 0.27% | +23.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.47% | 0.40% | +24.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.97% | 0.78% | +23.19% |
RSPT vs. USFR - Expense Ratio Comparison
RSPT has a 0.40% expense ratio, which is higher than USFR's 0.15% expense ratio.
Dividends
RSPT vs. USFR - Dividend Comparison
RSPT's dividend yield for the trailing twelve months is around 0.33%, less than USFR's 3.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RSPT Invesco S&P 500 Equal Weight Technology ETF | 0.33% | 0.39% | 0.44% | 0.56% | 0.71% | 0.50% | 1.29% | 0.92% | 0.98% | 0.84% | 1.16% | 1.18% |
USFR WisdomTree Floating Rate Treasury Fund | 3.91% | 4.15% | 5.17% | 5.12% | 1.78% | 0.01% | 0.40% | 2.08% | 1.67% | 1.03% | 0.29% | 0.00% |
Frequently Asked Questions
RSPT and USFR have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RSPT has higher volatility (11.94%) compared to USFR (0.08%). In terms of maximum drawdown, RSPT dropped -58.91% vs USFR's -1.36%.
On 10-year performance, RSPT leads with 22.48% vs 2.43% for USFR. On fees, USFR is cheaper at 0.15% per year. On volatility, USFR has been the lower-risk option at 0.08%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, RSPT has performed better with a 22.48% return vs 2.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
USFR is cheaper with a 0.15% expense ratio, compared with 0.40% for RSPT.
USFR has the higher dividend yield at 3.91%, compared with 0.33% for RSPT.
RSPT is categorized as Technology Equities, while USFR is Government Bonds. RSPT tracks S&P 500® Information Technology Index, while USFR tracks Bloomberg U.S. Treasury Floating Rate Bond Index. They also come from different issuers: Invesco and WisdomTree. Their fees differ too: 0.40% for RSPT and 0.15% for USFR.
USFR currently has the higher Sharpe Ratio (14.65 vs 2.87), 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.
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