RSPU vs. SPXV

Last updated Jun 24, 2026

RSPU (Invesco S&P 500 Equal Weight Utilities ETF) and SPXV (ProShares S&P 500 Ex-Health Care ETF) are both exchange-traded funds - RSPU is a Utilities Equities fund tracking the S&P 500 Equal Weighted / Utilities Plus, while SPXV is a S&P 500 fund tracking the S&P 500 Ex-Health Care Index. Both are passively managed. Over the past 10 years, RSPU returned 9.73%/yr vs 16.03%/yr for SPXV. At a 0.30 correlation, their price movements are largely independent. RSPU charges 0.40%/yr vs 0.09%/yr for SPXV.

Performance

RSPU vs. SPXV - 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 ProShares S&P 500 Ex-Health Care ETF (SPXV). 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 8.91% return and SPXV slightly higher at 9.08%. Over the past 10 years, RSPU has underperformed SPXV with an annualized return of 9.73%, while SPXV has yielded a comparatively higher 16.03% 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%

SPXV

• 1D: -1.52%
• 1M: -1.52%
• YTD: 9.08%
• 6M: 8.22%
• 1Y: 24.43%
• 3Y*: 22.59%
• 5Y*: 13.99%
• 10Y*: 16.03%

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

RSPU vs. SPXV - 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%
SPXV ProShares S&P 500 Ex-Health Care ETF	9.08%	18.40%	28.02%	30.71%	-20.47%	28.37%	18.99%	33.58%	-3.81%	17.01%

Correlation

The correlation between RSPU and SPXV is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (3Y) Calculated over the trailing 3-year period	0.25
Correlation (5Y) Calculated over the trailing 5-year period	0.34
Correlation (10Y) Calculated over the trailing 10-year period	0.31
Correlation (All Time) Calculated using the full available price history since Sep 24, 2015	0.30

The correlation between RSPU and SPXV shifts across timeframes, from 0.11 (1 year) to 0.34 (5 years), reflecting how their relationship changes across market environments.

RSPU vs. SPXV - Sectors Allocation Comparison

Sectors	RSPU	SPXV
Utilities	99.6%	2.3%
Financial Services	0.4%	12.1%
Basic Materials	-	1.8%
Communication Services	-	11.6%
Consumer Cyclical	-	10.8%
Consumer Defensive	-	4.9%
Energy	-	3.4%
Healthcare	-	-
Industrials	-	8.5%
Real Estate	-	2.0%
Technology	-	42.6%

Return for Risk

RSPU vs. SPXV — Risk / Return Rank

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

RSPU

RSPU Risk / Return Rank: 34
RSPU Sharpe Ratio Rank: 35
RSPU Sortino Ratio Rank: 32
RSPU Omega Ratio Rank: 32
RSPU Calmar Ratio Rank: 41
RSPU Martin Ratio Rank: 31

SPXV

SPXV Risk / Return Rank: 59
SPXV Sharpe Ratio Rank: 59
SPXV Sortino Ratio Rank: 57
SPXV Omega Ratio Rank: 57
SPXV Calmar Ratio Rank: 58
SPXV Martin Ratio Rank: 66

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. SPXV - 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 ProShares S&P 500 Ex-Health Care ETF (SPXV). 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	SPXV	Difference
Sharpe ratio: Return per unit of total volatility	1.19	1.84	-0.66
Sortino ratio: Return per unit of downside risk	1.64	2.51	-0.88
Omega ratio: Gain probability vs. loss probability	1.20	1.33	-0.12
Calmar ratio: Return relative to maximum drawdown	1.97	2.68	-0.71
Martin ratio: Return relative to average drawdown	4.36	11.27	-6.91

RSPU vs. SPXV - Sharpe Ratio Comparison

The current RSPU Sharpe Ratio is 1.19, which is lower than the SPXV Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of RSPU and SPXV, 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. SPXV - Drawdown Comparison

The maximum RSPU drawdown since its inception was -48.08%, which is greater than SPXV's maximum drawdown of -34.34%. Use the drawdown chart below to compare losses from any high point for RSPU and SPXV.

Drawdown Indicators

	RSPU	SPXV	Difference
Max Drawdown Largest peak-to-trough decline	-48.08%	-34.34%	-13.74%
Max Drawdown (1Y) Largest decline over 1 year	-8.46%	-9.15%	+0.69%
Max Drawdown (3Y) Largest decline over 3 years	-16.27%	-19.89%	+3.62%
Max Drawdown (5Y) Largest decline over 5 years	-21.86%	-26.58%	+4.72%
Max Drawdown (10Y) Largest decline over 10 years	-36.85%	-34.34%	-2.51%
Current Drawdown Current decline from peak	-3.54%	-3.66%	+0.12%
Average Drawdown Average peak-to-trough decline	-7.84%	-4.51%	-3.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.82%	2.17%	+1.65%

Volatility

RSPU vs. SPXV - Volatility Comparison

Invesco S&P 500 Equal Weight Utilities ETF (RSPU) and ProShares S&P 500 Ex-Health Care ETF (SPXV) have volatilities of 4.98% and 5.00%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSPU	SPXV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.98%	5.00%	-0.02%
Volatility (6M) Calculated over the trailing 6-month period	11.20%	10.54%	+0.66%
Volatility (1Y) Calculated over the trailing 1-year period	14.13%	13.34%	+0.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.90%	17.88%	-0.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.12%	18.08%	+1.04%

RSPU vs. SPXV - Expense Ratio Comparison

RSPU has a 0.40% expense ratio, which is higher than SPXV's 0.09% expense ratio.

Dividends

RSPU vs. SPXV - Dividend Comparison

RSPU's dividend yield for the trailing twelve months is around 2.52%, more than SPXV's 0.92% 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%
SPXV ProShares S&P 500 Ex-Health Care ETF	0.92%	0.97%	1.12%	1.27%	1.67%	1.11%	1.45%	1.58%	1.89%	1.57%	2.66%	0.56%

Frequently Asked Questions

Can I hold both RSPU and SPXV in my portfolio?

RSPU and SPXV have a correlation of 0.11, 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 SPXV?

SPXV has higher volatility (5.00%) compared to RSPU (4.98%). In terms of maximum drawdown, RSPU dropped -48.08% vs SPXV's -34.34%.

Which ETF is better, RSPU or SPXV?

On 10-year performance, SPXV leads with 16.03% vs 9.73% for RSPU. On fees, SPXV is cheaper at 0.09% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RSPU or SPXV?

Over the 10-year period, SPXV has performed better with a 16.03% return vs 9.73%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RSPU or SPXV?

SPXV is cheaper with a 0.09% expense ratio, compared with 0.40% for RSPU.

Which ETF pays a higher dividend yield, RSPU or SPXV?

RSPU has the higher dividend yield at 2.52%, compared with 0.92% for SPXV.

What is the main difference between RSPU and SPXV?

RSPU is categorized as Utilities Equities, while SPXV is S&P 500. RSPU tracks S&P 500 Equal Weighted / Utilities Plus, while SPXV tracks S&P 500 Ex-Health Care Index. They also come from different issuers: Invesco and ProShares. Their fees differ too: 0.40% for RSPU and 0.09% for SPXV.

Which has better risk-adjusted returns?

SPXV currently has the higher Sharpe Ratio (1.84 vs 1.19), 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.