XOEF vs. RPG

Last updated Jun 6, 2026

XOEF (iShares S&P 500 ex S&P 100 ETF) and RPG (Invesco S&P 500 Pure Growth ETF) are both exchange-traded funds - XOEF is a S&P 500 fund tracking the S&P 500 Ex-S&P 100 Select Index, while RPG is a Large Cap Growth Equities fund tracking the S&P 500/Citigroup Pure Growth Index. Both are passively managed. Their correlation of 0.84 suggests significant overlap in exposure. XOEF charges 0.20%/yr vs 0.35%/yr for RPG.

Performance

XOEF vs. RPG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares S&P 500 ex S&P 100 ETF (XOEF) and Invesco S&P 500 Pure Growth ETF (RPG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XOEF achieves a 12.43% return, which is significantly lower than RPG's 23.82% return.

XOEF

• 1D: -1.83%
• 1M: 1.36%
• YTD: 12.43%
• 6M: 12.72%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

RPG

• 1D: -4.89%
• 1M: 0.71%
• YTD: 23.82%
• 6M: 23.74%
• 1Y: 33.16%
• 3Y*: 25.71%
• 5Y*: 11.67%
• 10Y*: 14.07%

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

XOEF vs. RPG - Yearly Performance Comparison

	2026 (YTD)	2025
XOEF iShares S&P 500 ex S&P 100 ETF	12.43%	4.15%
RPG Invesco S&P 500 Pure Growth ETF	23.82%	0.99%

Correlation

The correlation between XOEF and RPG is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 10, 2025	0.84

Return for Risk

XOEF vs. RPG — Risk / Return Rank

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

RPG

RPG Risk / Return Rank: 54
RPG Sharpe Ratio Rank: 49
RPG Sortino Ratio Rank: 47
RPG Omega Ratio Rank: 47
RPG Calmar Ratio Rank: 63
RPG 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.

XOEF vs. RPG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 ex S&P 100 ETF (XOEF) and Invesco S&P 500 Pure Growth ETF (RPG). 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

	XOEF	RPG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.64	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.50	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.62	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.49	0.53	+0.97

Drawdowns

XOEF vs. RPG - Drawdown Comparison

The maximum XOEF drawdown since its inception was -7.66%, smaller than the maximum RPG drawdown of -53.27%. Use the drawdown chart below to compare losses from any high point for XOEF and RPG.

Drawdown Indicators

	XOEF	RPG	Difference
Max Drawdown Largest peak-to-trough decline	-7.66%	-53.27%	+45.61%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.08%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-24.75%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.59%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-36.58%	—
Current Drawdown Current decline from peak	-1.83%	-5.85%	+4.02%
Average Drawdown Average peak-to-trough decline	-1.31%	-8.84%	+7.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.85%	—

Volatility

Volatility by Period

	XOEF	RPG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.10%	—
Volatility (6M) Calculated over the trailing 6-month period	—	17.11%	—
Volatility (1Y) Calculated over the trailing 1-year period	12.73%	20.37%	-7.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.73%	23.53%	-10.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.73%	22.75%	-10.02%

XOEF vs. RPG - Expense Ratio Comparison

XOEF has a 0.20% expense ratio, which is lower than RPG's 0.35% expense ratio.

Dividends

XOEF vs. RPG - Dividend Comparison

XOEF's dividend yield for the trailing twelve months is around 0.80%, more than RPG's 0.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RPG Invesco S&P 500 Pure Growth ETF	0.18%	0.24%	0.25%	1.44%	0.74%	0.00%	0.46%	0.83%	0.47%	0.56%	0.43%	0.73%
XOEF iShares S&P 500 ex S&P 100 ETF	0.80%	0.63%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XOEF and RPG in my portfolio?

XOEF and RPG have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XOEF or RPG?

On fees, XOEF is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XOEF or RPG?

XOEF is cheaper with a 0.20% expense ratio, compared with 0.35% for RPG.

Which ETF pays a higher dividend yield, XOEF or RPG?

XOEF has the higher dividend yield at 0.80%, compared with 0.18% for RPG.

What is the main difference between XOEF and RPG?

XOEF is categorized as S&P 500, while RPG is Large Cap Growth Equities. XOEF tracks S&P 500 Ex-S&P 100 Select Index, while RPG tracks S&P 500/Citigroup Pure Growth Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.20% for XOEF and 0.35% for RPG.