XDIV vs. RSPM

Last updated Apr 2, 2026

Compare and contrast key facts about Roundhill S&P 500 No Dividend Target ETF (XDIV) and Invesco S&P 500® Equal Weight Materials ETF (RSPM).

XDIV and RSPM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XDIV is an actively managed fund by Roundhill. It was launched on Jul 10, 2025. RSPM is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weight Materials Index. It was launched on Nov 1, 2006.

Performance

XDIV vs. RSPM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill S&P 500 No Dividend Target ETF (XDIV) and Invesco S&P 500® Equal Weight Materials ETF (RSPM). The values are adjusted to include any dividend payments, if applicable.

XDIV vs. RSPM - Yearly Performance Comparison

	2026 (YTD)	2025
XDIV Roundhill S&P 500 No Dividend Target ETF	-4.00%	9.90%
RSPM Invesco S&P 500® Equal Weight Materials ETF	14.63%	-0.13%

Returns By Period

In the year-to-date period, XDIV achieves a -4.00% return, which is significantly lower than RSPM's 14.63% return.

XDIV

• 1D: 0.45%
• 1M: -4.31%
• YTD: -4.00%
• 6M: -1.57%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

RSPM

• 1D: 0.84%
• 1M: -3.14%
• YTD: 14.63%
• 6M: 20.87%
• 1Y: 24.72%
• 3Y*: 8.29%
• 5Y*: 6.52%
• 10Y*: 11.23%

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

XDIV vs. RSPM - Expense Ratio Comparison

XDIV has a 0.09% expense ratio, which is lower than RSPM's 0.40% expense ratio.

RSPM

Invesco S&P 500® Equal Weight Materials ETF

XDIV

Roundhill S&P 500 No Dividend Target ETF

Return for Risk

XDIV vs. RSPM — Risk / Return Rank

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

RSPM

RSPM Risk / Return Rank: 57
RSPM Sharpe Ratio Rank: 59
RSPM Sortino Ratio Rank: 63
RSPM Omega Ratio Rank: 55
RSPM Calmar Ratio Rank: 58
RSPM Martin Ratio Rank: 51

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.

XDIV vs. RSPM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill S&P 500 No Dividend Target ETF (XDIV) and Invesco S&P 500® Equal Weight Materials ETF (RSPM). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	XDIV	RSPM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.09	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.33	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.51	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	0.39	+0.22

Correlation

The correlation between XDIV and RSPM is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

XDIV vs. RSPM - Dividend Comparison

XDIV has not paid dividends to shareholders, while RSPM's dividend yield for the trailing twelve months is around 1.51%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
XDIV Roundhill S&P 500 No Dividend Target ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RSPM Invesco S&P 500® Equal Weight Materials ETF	1.51%	2.06%	2.04%	2.05%	2.19%	1.43%	1.57%	1.81%	1.83%	1.50%	1.28%	1.57%

Drawdowns

XDIV vs. RSPM - Drawdown Comparison

The maximum XDIV drawdown since its inception was -9.16%, smaller than the maximum RSPM drawdown of -61.18%. Use the drawdown chart below to compare losses from any high point for XDIV and RSPM.

Drawdown Indicators

	XDIV	RSPM	Difference
Max Drawdown Largest peak-to-trough decline	-9.16%	-61.18%	+52.02%
Max Drawdown (1Y) Largest decline over 1 year	—	-15.67%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-27.19%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-39.84%	—
Current Drawdown Current decline from peak	-5.76%	-5.08%	-0.68%
Average Drawdown Average peak-to-trough decline	-1.29%	-8.83%	+7.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.75%	—

Volatility

Volatility by Period

	XDIV	RSPM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.20%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.59%	—
Volatility (1Y) Calculated over the trailing 1-year period	12.58%	22.71%	-10.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.58%	20.12%	-7.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.58%	21.91%	-9.33%