RSPU vs. XXXX

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco S&P 500 Equal Weight Utilities ETF (RSPU) and MAX S&P 500 4X Leveraged ETN (XXXX).

RSPU and XXXX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RSPU is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weighted / Utilities Plus. It was launched on Nov 1, 2006. XXXX is a passively managed fund by Max that tracks the performance of the S&P 500. It was launched on Dec 4, 2023. Both RSPU and XXXX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

RSPU vs. XXXX - 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 MAX S&P 500 4X Leveraged ETN (XXXX). The values are adjusted to include any dividend payments, if applicable.

RSPU vs. XXXX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
RSPU Invesco S&P 500 Equal Weight Utilities ETF	9.81%	16.82%	23.57%	1.66%
XXXX MAX S&P 500 4X Leveraged ETN	-21.85%	17.36%	61.36%	16.31%

Returns By Period

In the year-to-date period, RSPU achieves a 9.81% return, which is significantly higher than XXXX's -21.85% return.

RSPU

• 1D: 0.55%
• 1M: -1.58%
• YTD: 9.81%
• 6M: 7.18%
• 1Y: 19.74%
• 3Y*: 16.02%
• 5Y*: 12.49%
• 10Y*: 10.01%

XXXX

• 1D: 2.83%
• 1M: -19.38%
• YTD: -21.85%
• 6M: -22.09%
• 1Y: 20.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RSPU vs. XXXX - Expense Ratio Comparison

RSPU has a 0.40% expense ratio, which is lower than XXXX's 2.95% expense ratio.

XXXX

MAX S&P 500 4X Leveraged ETN

RSPU

Invesco S&P 500 Equal Weight Utilities ETF

Return for Risk

RSPU vs. XXXX — Risk / Return Rank

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

RSPU

RSPU Risk / Return Rank: 68
RSPU Sharpe Ratio Rank: 70
RSPU Sortino Ratio Rank: 67
RSPU Omega Ratio Rank: 62
RSPU Calmar Ratio Rank: 82
RSPU Martin Ratio Rank: 58

XXXX

XXXX Risk / Return Rank: 25
XXXX Sharpe Ratio Rank: 19
XXXX Sortino Ratio Rank: 29
XXXX Omega Ratio Rank: 32
XXXX Calmar Ratio Rank: 23
XXXX Martin Ratio Rank: 24

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. XXXX - 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 MAX S&P 500 4X Leveraged ETN (XXXX). 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.

	RSPU	XXXX	Difference
Sharpe ratio Return per unit of total volatility	1.29	0.29	+1.01
Sortino ratio Return per unit of downside risk	1.75	0.91	+0.84
Omega ratio Gain probability vs. loss probability	1.24	1.14	+0.10
Calmar ratio Return relative to maximum drawdown	2.43	0.52	+1.91
Martin ratio Return relative to average drawdown	6.02	1.80	+4.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RSPU vs. XXXX - Sharpe Ratio Comparison

The current RSPU Sharpe Ratio is 1.29, which is higher than the XXXX Sharpe Ratio of 0.29. The chart below compares the historical Sharpe Ratios of RSPU and XXXX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	RSPU	XXXX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.29	0.29	+1.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.75	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.53	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	0.43	+0.05

Correlation

The correlation between RSPU and XXXX is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

RSPU vs. XXXX - Dividend Comparison

RSPU's dividend yield for the trailing twelve months is around 2.42%, while XXXX has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RSPU Invesco S&P 500 Equal Weight Utilities ETF	2.42%	2.54%	2.39%	2.92%	2.35%	2.41%	2.94%	2.54%	3.11%	3.08%	2.98%	4.14%
XXXX MAX S&P 500 4X Leveraged ETN	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

RSPU vs. XXXX - Drawdown Comparison

The maximum RSPU drawdown since its inception was -48.08%, smaller than the maximum XXXX drawdown of -62.27%. Use the drawdown chart below to compare losses from any high point for RSPU and XXXX.

Drawdown Indicators

	RSPU	XXXX	Difference
Max Drawdown Largest peak-to-trough decline	-48.08%	-62.27%	+14.19%
Max Drawdown (1Y) Largest decline over 1 year	-8.35%	-43.00%	+34.65%
Max Drawdown (5Y) Largest decline over 5 years	-21.86%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-36.85%	—	—
Current Drawdown Current decline from peak	-2.74%	-28.09%	+25.35%
Average Drawdown Average peak-to-trough decline	-7.88%	-12.06%	+4.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.37%	12.33%	-8.96%

Volatility

RSPU vs. XXXX - Volatility Comparison

The current volatility for Invesco S&P 500 Equal Weight Utilities ETF (RSPU) is 4.73%, while MAX S&P 500 4X Leveraged ETN (XXXX) has a volatility of 21.30%. This indicates that RSPU experiences smaller price fluctuations and is considered to be less risky than XXXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSPU	XXXX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.73%	21.30%	-16.57%
Volatility (6M) Calculated over the trailing 6-month period	9.78%	37.79%	-28.01%
Volatility (1Y) Calculated over the trailing 1-year period	15.34%	72.27%	-56.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.81%	61.75%	-44.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.04%	61.75%	-42.71%