RSPU vs. SPLV
RSPU (Invesco S&P 500 Equal Weight Utilities ETF) and SPLV (Invesco S&P 500 Low Volatility ETF) are both exchange-traded funds - RSPU is a Utilities Equities fund tracking the S&P 500 Equal Weighted / Utilities Plus, while SPLV is a S&P 500 fund tracking the S&P 500 Low Volatility Index. Both are passively managed. Over the past 10 years, RSPU returned 9.73%/yr vs 8.38%/yr for SPLV. A 0.75 correlation means they provide meaningful diversification when combined. RSPU charges 0.40%/yr vs 0.25%/yr for SPLV.
Performance
RSPU vs. SPLV - 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 SPLV's 5.06% return. Over the past 10 years, RSPU has outperformed SPLV with an annualized return of 9.73%, while SPLV has yielded a comparatively lower 8.38% 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%
SPLV
- 1D
- 1.32%
- 1M
- 0.35%
- YTD
- 5.06%
- 6M
- 4.84%
- 1Y
- 4.45%
- 3Y*
- 8.50%
- 5Y*
- 6.37%
- 10Y*
- 8.38%
RSPU vs. SPLV - 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% |
SPLV Invesco S&P 500 Low Volatility ETF | 5.06% | 4.10% | 13.93% | 0.53% | -4.88% | 24.13% | -1.39% | 27.87% | -0.19% | 17.32% |
Correlation
The correlation between RSPU and SPLV is 0.65, 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 | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since May 5, 2011 | 0.75 |
The correlation between RSPU and SPLV shifts across timeframes, from 0.65 (1 year) to 0.78 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
RSPU vs. SPLV — Risk / Return Rank
RSPU
SPLV
RSPU vs. SPLV - 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 Invesco S&P 500 Low Volatility ETF (SPLV). 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 | SPLV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.75 | ||
| Sortino ratioReturn per unit of downside risk | +0.95 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.08 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.97 | 0.60 | +1.37 |
| Martin ratioReturn relative to average drawdown | 4.36 | 1.39 | +2.97 |
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Drawdowns
RSPU vs. SPLV - Drawdown Comparison
The maximum RSPU drawdown since its inception was -48.08%, which is greater than SPLV's maximum drawdown of -36.26%. Use the drawdown chart below to compare losses from any high point for RSPU and SPLV.
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Drawdown Indicators
| RSPU | SPLV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.08% | -36.26% | -11.82% |
Max Drawdown (1Y)Largest decline over 1 year | -8.46% | -7.41% | -1.05% |
Max Drawdown (3Y)Largest decline over 3 years | -16.27% | -9.64% | -6.63% |
Max Drawdown (5Y)Largest decline over 5 years | -21.86% | -17.26% | -4.60% |
Max Drawdown (10Y)Largest decline over 10 years | -36.85% | -36.26% | -0.59% |
Current DrawdownCurrent decline from peak | -3.54% | -3.47% | -0.07% |
Average DrawdownAverage peak-to-trough decline | -7.84% | -3.55% | -4.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.82% | 3.20% | +0.62% |
Volatility
RSPU vs. SPLV - Volatility Comparison
Invesco S&P 500 Equal Weight Utilities ETF (RSPU) has a higher volatility of 4.98% compared to Invesco S&P 500 Low Volatility ETF (SPLV) at 4.26%. This indicates that RSPU's price experiences larger fluctuations and is considered to be riskier than SPLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RSPU | SPLV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.98% | 4.26% | +0.72% |
Volatility (6M)Calculated over the trailing 6-month period | 11.20% | 7.38% | +3.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.13% | 10.28% | +3.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.90% | 12.50% | +4.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.12% | 15.39% | +3.73% |
RSPU vs. SPLV - Expense Ratio Comparison
RSPU has a 0.40% expense ratio, which is higher than SPLV's 0.25% expense ratio.
Dividends
RSPU vs. SPLV - Dividend Comparison
RSPU's dividend yield for the trailing twelve months is around 2.52%, more than SPLV's 2.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SPLV Invesco S&P 500 Low Volatility ETF | 2.16% | 2.04% | 1.88% | 2.45% | 2.11% | 1.51% | 2.12% | 2.08% | 2.18% | 2.03% | 2.03% | 2.28% |
Frequently Asked Questions
RSPU and SPLV have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RSPU has higher volatility (4.98%) compared to SPLV (4.26%). In terms of maximum drawdown, RSPU dropped -48.08% vs SPLV's -36.26%.
On 10-year performance, RSPU leads with 9.73% vs 8.38% for SPLV. On fees, SPLV is cheaper at 0.25% per year. On volatility, SPLV has been the lower-risk option at 4.26%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, RSPU has performed better with a 9.73% return vs 8.38%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SPLV is cheaper with a 0.25% expense ratio, compared with 0.40% for RSPU.
RSPU has the higher dividend yield at 2.52%, compared with 2.16% for SPLV.
RSPU is categorized as Utilities Equities, while SPLV is S&P 500. RSPU tracks S&P 500 Equal Weighted / Utilities Plus, while SPLV tracks S&P 500 Low Volatility Index. Their fees differ too: 0.40% for RSPU and 0.25% for SPLV.
RSPU currently has the higher Sharpe Ratio (1.19 vs 0.44), 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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