RSPU vs. FSHOX

Last updated Jun 14, 2026

RSPU (Invesco S&P 500 Equal Weight Utilities ETF) and FSHOX (Fidelity Select Construction & Housing Portfolio) are both funds - RSPU is a Utilities Equities fund tracking the S&P 500 Equal Weighted / Utilities Plus, while FSHOX is a Consumer Discretionary Equities fund managed by Fidelity. Over the past 10 years, RSPU returned 9.57%/yr vs 15.05%/yr for FSHOX. At a 0.44 correlation, their price movements are largely independent. RSPU charges 0.40%/yr vs 0.76%/yr for FSHOX.

Performance

RSPU vs. FSHOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P 500 Equal Weight Utilities ETF (RSPU) and Fidelity Select Construction & Housing Portfolio (FSHOX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with RSPU having a 6.94% return and FSHOX slightly higher at 7.27%. Over the past 10 years, RSPU has underperformed FSHOX with an annualized return of 9.57%, while FSHOX has yielded a comparatively higher 15.05% annualized return.

RSPU

• 1D: 1.00%
• 1M: 0.48%
• YTD: 6.94%
• 6M: 7.66%
• 1Y: 15.11%
• 3Y*: 15.64%
• 5Y*: 10.86%
• 10Y*: 9.57%

FSHOX

• 1D: 3.42%
• 1M: 0.88%
• YTD: 7.27%
• 6M: 4.94%
• 1Y: 15.36%
• 3Y*: 14.91%
• 5Y*: 10.49%
• 10Y*: 15.05%

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

RSPU vs. FSHOX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RSPU Invesco S&P 500 Equal Weight Utilities ETF	6.94%	16.82%	23.57%	-3.45%	4.37%	17.13%	-2.70%	22.94%	6.89%	9.43%
FSHOX Fidelity Select Construction & Housing Portfolio	7.27%	5.24%	15.28%	30.85%	-22.76%	57.51%	25.95%	41.15%	-15.87%	26.25%

Correlation

The correlation between RSPU and FSHOX is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (3Y) Calculated over the trailing 3-year period	0.42
Correlation (5Y) Calculated over the trailing 5-year period	0.44
Correlation (10Y) Calculated over the trailing 10-year period	0.41
Correlation (All Time) Calculated using the full available price history since Nov 7, 2006	0.44

Return for Risk

RSPU vs. FSHOX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RSPU

RSPU Risk / Return Rank: 31
RSPU Sharpe Ratio Rank: 31
RSPU Sortino Ratio Rank: 29
RSPU Omega Ratio Rank: 28
RSPU Calmar Ratio Rank: 38
RSPU Martin Ratio Rank: 30

FSHOX

FSHOX Risk / Return Rank: 12
FSHOX Sharpe Ratio Rank: 12
FSHOX Sortino Ratio Rank: 14
FSHOX Omega Ratio Rank: 12
FSHOX Calmar Ratio Rank: 13
FSHOX Martin Ratio Rank: 11

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.

RSPU vs. FSHOX - 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 Fidelity Select Construction & Housing Portfolio (FSHOX). 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	FSHOX	Difference
Sharpe ratio: Return per unit of total volatility	1.01	0.67	+0.34
Sortino ratio: Return per unit of downside risk	1.42	1.16	+0.26
Omega ratio: Gain probability vs. loss probability	1.18	1.13	+0.05
Calmar ratio: Return relative to maximum drawdown	1.67	0.84	+0.84
Martin ratio: Return relative to average drawdown	3.77	2.12	+1.65

RSPU vs. FSHOX - Sharpe Ratio Comparison

The current RSPU Sharpe Ratio is 1.01, which is higher than the FSHOX Sharpe Ratio of 0.67. The chart below compares the historical Sharpe Ratios of RSPU and FSHOX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RSPU vs. FSHOX - Drawdown Comparison

The maximum RSPU drawdown since its inception was -48.08%, smaller than the maximum FSHOX drawdown of -61.68%. Use the drawdown chart below to compare losses from any high point for RSPU and FSHOX.

Drawdown Indicators

	RSPU	FSHOX	Difference
Max Drawdown Largest peak-to-trough decline	-48.08%	-61.68%	+13.60%
Max Drawdown (1Y) Largest decline over 1 year	-8.46%	-16.54%	+8.08%
Max Drawdown (3Y) Largest decline over 3 years	-16.27%	-24.76%	+8.49%
Max Drawdown (5Y) Largest decline over 5 years	-21.86%	-33.23%	+11.37%
Max Drawdown (10Y) Largest decline over 10 years	-36.85%	-43.67%	+6.82%
Current Drawdown Current decline from peak	-5.28%	-7.50%	+2.22%
Average Drawdown Average peak-to-trough decline	-7.85%	-9.84%	+1.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.75%	6.50%	-2.75%

Volatility

RSPU vs. FSHOX - Volatility Comparison

The current volatility for Invesco S&P 500 Equal Weight Utilities ETF (RSPU) is 5.41%, while Fidelity Select Construction & Housing Portfolio (FSHOX) has a volatility of 7.41%. This indicates that RSPU experiences smaller price fluctuations and is considered to be less risky than FSHOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSPU	FSHOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.41%	7.41%	-2.00%
Volatility (6M) Calculated over the trailing 6-month period	11.11%	16.57%	-5.46%
Volatility (1Y) Calculated over the trailing 1-year period	14.10%	20.56%	-6.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.95%	21.82%	-4.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.10%	22.54%	-3.44%

RSPU vs. FSHOX - Expense Ratio Comparison

RSPU has a 0.40% expense ratio, which is lower than FSHOX's 0.76% expense ratio.

Dividends

RSPU vs. FSHOX - Dividend Comparison

RSPU's dividend yield for the trailing twelve months is around 2.49%, less than FSHOX's 6.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSHOX Fidelity Select Construction & Housing Portfolio	6.00%	3.91%	4.05%	0.82%	0.80%	5.45%	4.73%	7.91%	15.47%	13.62%	3.61%	3.26%
RSPU Invesco S&P 500 Equal Weight Utilities ETF	2.49%	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

Can I hold both RSPU and FSHOX in my portfolio?

RSPU and FSHOX have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RSPU or FSHOX?

FSHOX has higher volatility (7.41%) compared to RSPU (5.41%). In terms of maximum drawdown, RSPU dropped -48.08% vs FSHOX's -61.68%.

Which has better risk-adjusted returns?

RSPU currently has the higher Sharpe Ratio (1.01 vs 0.67), 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.