RSPU vs. ES
RSPU (Invesco S&P 500 Equal Weight Utilities ETF) is Utilities Equities fund tracking the S&P 500 Equal Weighted / Utilities Plus, while ES (Eversource Energy) is a stock. Over the past 10 years, RSPU returned 9.73%/yr vs 5.81%/yr for ES. A 0.74 correlation means they provide meaningful diversification when combined.
Performance
RSPU vs. ES - Performance Comparison
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Returns By Period
In the year-to-date period, RSPU achieves a 8.91% return, which is significantly higher than ES's 7.87% return. Over the past 10 years, RSPU has outperformed ES with an annualized return of 9.73%, while ES has yielded a comparatively lower 5.81% annualized return.
RSPU
- 1D
- 0.98%
- 1M
- 0.63%
- YTD
- 8.91%
- 6M
- 9.36%
- 1Y
- 16.62%
- 3Y*
- 16.87%
- 5Y*
- 12.17%
- 10Y*
- 9.73%
ES
- 1D
- 1.30%
- 1M
- 1.47%
- YTD
- 7.87%
- 6M
- 9.44%
- 1Y
- 17.22%
- 3Y*
- 5.34%
- 5Y*
- 1.80%
- 10Y*
- 5.81%
RSPU vs. ES - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RSPU Invesco S&P 500 Equal Weight Utilities ETF | 8.91% | 16.82% | 23.57% | -3.45% | 4.37% | 17.13% | -2.70% | 22.94% | 6.89% | 9.43% |
ES Eversource Energy | 7.87% | 22.86% | -2.46% | -23.43% | -5.06% | 8.18% | 4.45% | 34.49% | 6.41% | 17.97% |
Correlation
The correlation between RSPU and ES is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Nov 7, 2006 | 0.74 |
The correlation between RSPU and ES shifts across timeframes, from 0.69 (1 year) to 0.80 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
RSPU vs. ES — Risk / Return Rank
RSPU
ES
RSPU vs. ES - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Equal Weight Utilities ETF (RSPU) and Eversource Energy (ES). 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.
| RSPU | ES | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.48 | ||
| Sortino ratioReturn per unit of downside risk | +0.64 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.15 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.97 | 1.14 | +0.83 |
| Martin ratioReturn relative to average drawdown | 4.36 | 2.73 | +1.64 |
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Drawdowns
RSPU vs. ES - Drawdown Comparison
The maximum RSPU drawdown since its inception was -48.08%, smaller than the maximum ES drawdown of -73.04%. Use the drawdown chart below to compare losses from any high point for RSPU and ES.
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Drawdown Indicators
| RSPU | ES | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.08% | -73.04% | +24.96% |
Max Drawdown (1Y)Largest decline over 1 year | -8.46% | -15.13% | +6.67% |
Max Drawdown (3Y)Largest decline over 3 years | -16.27% | -28.65% | +12.38% |
Max Drawdown (5Y)Largest decline over 5 years | -21.86% | -41.69% | +19.83% |
Max Drawdown (10Y)Largest decline over 10 years | -36.85% | -41.69% | +4.84% |
Current DrawdownCurrent decline from peak | -3.54% | -10.37% | +6.83% |
Average DrawdownAverage peak-to-trough decline | -7.84% | -19.06% | +11.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.82% | 6.32% | -2.50% |
Volatility
RSPU vs. ES - Volatility Comparison
The current volatility for Invesco S&P 500 Equal Weight Utilities ETF (RSPU) is 4.98%, while Eversource Energy (ES) has a volatility of 7.03%. This indicates that RSPU experiences smaller price fluctuations and is considered to be less risky than ES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RSPU | ES | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.98% | 7.03% | -2.05% |
Volatility (6M)Calculated over the trailing 6-month period | 11.20% | 16.08% | -4.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.13% | 24.61% | -10.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.90% | 23.88% | -6.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.12% | 24.37% | -5.25% |
Dividends
RSPU vs. ES - Dividend Comparison
RSPU's dividend yield for the trailing twelve months is around 2.52%, less than ES's 4.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ES Eversource Energy | 4.34% | 4.47% | 4.98% | 4.37% | 3.04% | 2.65% | 2.62% | 2.52% | 3.11% | 3.01% | 3.22% | 3.27% |
RSPU Invesco S&P 500 Equal Weight Utilities ETF | 2.52% | 2.54% | 2.39% | 2.92% | 2.35% | 2.41% | 2.94% | 2.54% | 3.11% | 3.08% | 2.98% | 4.14% |
Frequently Asked Questions
RSPU and ES have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ES has higher volatility (7.03%) compared to RSPU (4.98%). In terms of maximum drawdown, RSPU dropped -48.08% vs ES's -73.04%.
RSPU currently has the higher Sharpe Ratio (1.19 vs 0.70), 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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