VUAA.DE vs. RSPA

Last updated Jun 5, 2026

VUAA.DE (Vanguard S&P 500 UCITS USD Acc ETF) and RSPA (Invesco S&P 500 Equal Weight Income Advantage ETF) are both S&P 500 funds - VUAA.DE tracks the S&P 500 Index while RSPA tracks the S&P 500 Equal Weight Index. Both are passively managed. Over the past year, VUAA.DE returned 25.64% vs 17.31% for RSPA. At a 0.46 correlation, their price movements are largely independent. VUAA.DE charges 0.07%/yr vs 0.29%/yr for RSPA.

Performance

VUAA.DE vs. RSPA - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Vanguard S&P 500 UCITS USD Acc ETF (VUAA.DE) and Invesco S&P 500 Equal Weight Income Advantage ETF (RSPA). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

VUAA.DE is traded in EUR, while RSPA is traded in USD. To make them comparable, the RSPA values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, VUAA.DE achieves a 11.41% return, which is significantly higher than RSPA's 9.42% return.

VUAA.DE

• 1D: -0.12%
• 1M: 5.23%
• YTD: 11.41%
• 6M: 11.44%
• 1Y: 25.64%
• 3Y*: 18.87%
• 5Y*: 14.77%
• 10Y*: —

RSPA

• 1D: -0.26%
• 1M: 3.30%
• YTD: 9.42%
• 6M: 8.69%
• 1Y: 17.31%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VUAA.DE vs. RSPA - Yearly Performance Comparison

	2026 (YTD)	2025	2024
VUAA.DE Vanguard S&P 500 UCITS USD Acc ETF	11.41%	4.68%	11.05%
RSPA Invesco S&P 500 Equal Weight Income Advantage ETF	9.42%	-2.11%	9.55%

Correlation

The correlation between VUAA.DE and RSPA is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (All Time) Calculated using the full available price history since Jul 18, 2024	0.46

Return for Risk

VUAA.DE vs. RSPA — Risk / Return Rank

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

VUAA.DE

VUAA.DE Risk / Return Rank: 69
VUAA.DE Sharpe Ratio Rank: 68
VUAA.DE Sortino Ratio Rank: 66
VUAA.DE Omega Ratio Rank: 70
VUAA.DE Calmar Ratio Rank: 73
VUAA.DE Martin Ratio Rank: 70

RSPA

RSPA Risk / Return Rank: 61
RSPA Sharpe Ratio Rank: 59
RSPA Sortino Ratio Rank: 61
RSPA Omega Ratio Rank: 59
RSPA Calmar Ratio Rank: 61
RSPA 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.

VUAA.DE vs. RSPA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P 500 UCITS USD Acc ETF (VUAA.DE) and Invesco S&P 500 Equal Weight Income Advantage ETF (RSPA). 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.

	VUAA.DE	RSPA	Difference
Sharpe ratio: Return per unit of total volatility	2.20	1.71	+0.49
Sortino ratio: Return per unit of downside risk	2.99	2.27	+0.72
Omega ratio: Gain probability vs. loss probability	1.41	1.31	+0.10
Calmar ratio: Return relative to maximum drawdown	3.56	3.67	-0.11
Martin ratio: Return relative to average drawdown	12.74	11.64	+1.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VUAA.DE vs. RSPA - Sharpe Ratio Comparison

The current VUAA.DE Sharpe Ratio is 2.20, which is comparable to the RSPA Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of VUAA.DE and RSPA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VUAA.DE	RSPA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.20	1.71	+0.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.97	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.81	0.59	+0.22

Drawdowns

VUAA.DE vs. RSPA - Drawdown Comparison

The maximum VUAA.DE drawdown since its inception was -33.67%, which is greater than RSPA's maximum drawdown of -19.50%. Use the drawdown chart below to compare losses from any high point for VUAA.DE and RSPA.

Drawdown Indicators

	VUAA.DE	RSPA	Difference
Max Drawdown Largest peak-to-trough decline	-33.67%	-19.50%	-14.17%
Max Drawdown (1Y) Largest decline over 1 year	-7.16%	-4.73%	-2.43%
Max Drawdown (3Y) Largest decline over 3 years	-23.33%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-23.33%	—	—
Current Drawdown Current decline from peak	-0.45%	-0.26%	-0.19%
Average Drawdown Average peak-to-trough decline	-5.07%	-5.00%	-0.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.01%	1.49%	+0.52%

Volatility

VUAA.DE vs. RSPA - Volatility Comparison

Vanguard S&P 500 UCITS USD Acc ETF (VUAA.DE) has a higher volatility of 2.65% compared to Invesco S&P 500 Equal Weight Income Advantage ETF (RSPA) at 1.50%. This indicates that VUAA.DE's price experiences larger fluctuations and is considered to be riskier than RSPA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VUAA.DE	RSPA	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.65%	1.50%	+1.15%
Volatility (6M) Calculated over the trailing 6-month period	7.61%	6.97%	+0.64%
Volatility (1Y) Calculated over the trailing 1-year period	11.58%	10.17%	+1.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.12%	15.01%	+0.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.59%	15.01%	+2.58%

VUAA.DE vs. RSPA - Expense Ratio Comparison

VUAA.DE has a 0.07% expense ratio, which is lower than RSPA's 0.29% expense ratio.

Dividends

VUAA.DE vs. RSPA - Dividend Comparison

VUAA.DE has not paid dividends to shareholders, while RSPA's dividend yield for the trailing twelve months is around 9.02%.

Position	TTM	2025	2024
RSPA Invesco S&P 500 Equal Weight Income Advantage ETF	9.02%	9.14%	4.03%
VUAA.DE Vanguard S&P 500 UCITS USD Acc ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VUAA.DE and RSPA in my portfolio?

VUAA.DE and RSPA have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VUAA.DE or RSPA?

On fees, VUAA.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VUAA.DE or RSPA?

VUAA.DE is cheaper with a 0.07% expense ratio, compared with 0.29% for RSPA.

What is the main difference between VUAA.DE and RSPA?

VUAA.DE tracks S&P 500 Index, while RSPA tracks S&P 500 Equal Weight Index. They also come from different issuers: Vanguard and Invesco. Their fees differ too: 0.07% for VUAA.DE and 0.29% for RSPA.