DFVE vs RSP
DoubleLine Fortune 500 Equal Weight ETF vs Invesco S&P 500 Equal Weight ETF
Which is better, DFVE or RSP?
DFVE has been ahead.
DFVE led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.98. DFVE is less concentrated, with 2.5% of the fund in its ten largest positions against 3.2%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DFVE | RSP |
|---|---|---|
| Expense Ratio | 0.20%Tie | 0.20%Tie |
| AUM | $45M | $96.1B |
| Dividend Yield | 1.34% | 1.46% |
| Holdings | 931 | 1,533 |
| YTD Return | +11.48% | +11.86%Best |
| 1Y Return | +16.74%Best | +15.88% |
| 3Y Return (annualized) | - | +16.72% |
| 5Y Return (annualized) | - | +8.68% |
| Volatility (annualized) | 12.9% | 11.7%Best |
| Max Drawdown | -19.4% | -18.1%Best |
| $10,000 over 2.7 years | $14,649Best | $14,046 |
| Top 10 Weight | 2.5%Best | 3.2% |
| Fund Family | DoubleLine Funds | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jan 31, 2024 | Apr 24, 2003 |
Volatility and max drawdown, and the $10,000 over 2.7 years row, are measured over the window both funds cover: Feb 1, 2024 to Oct 12, 2026 (2.7 years).
DFVE vs RSP growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.7 years both funds cover.
DFVE vs RSP Performance
DoubleLine Fortune 500 Equal Weight ETF (DFVE) is an ETF from DoubleLine Funds and Invesco S&P 500 Equal Weight ETF (RSP) is an ETF from Invesco (US). Over the past year DFVE returned +16.74% while RSP returned +15.88%. Year to date, DFVE is up 11.48% versus a gain of 11.86% for RSP.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DFVE has been the more volatile fund, with annualized monthly volatility of 12.9% compared with 11.7% for RSP. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -19.4% for DFVE and -18.1% for RSP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
DFVE charges 0.20% per year while RSP charges 0.20%. On a $10,000 position that is $20 vs $20 annually. On income, DFVE currently yields 1.34% against 1.46% for RSP.
Holdings Overlap
72.8% of DFVE's money is in holdings RSP also owns. 67.9% of RSP's money is in holdings DFVE also owns.
Most of DFVE is already inside RSP. Owning both mostly buys the same companies twice.
337 positions in common, counted across the 465 positions we hold weights for in DFVE and 505 in RSP, against full books of 931 and 1,533.
What only one of them owns
Our book lists 163 positions for RSP that do not appear in our book for DFVE (31.4% of the fund), and 125 for DFVE that do not appear in RSP (26.7%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in DFVE | Weight in RSP | Difference |
|---|---|---|---|
| DELLDell Technologies Inc | 0.28% | 0.30% | 0.02% |
| HPQHP Inc | 0.26% | 0.28% | 0.02% |
| VLOValero Energy | 0.25% | 0.29% | 0.04% |
| MPCMarathon Petroleum Corp | 0.24% | 0.29% | 0.05% |
| HPEHewlett Packard Enterprise Co | 0.26% | 0.26% | 0.00% |
| PSXPhillips 66 | 0.24% | 0.28% | 0.04% |
| SMCISuper Micro Computer Inc Common Stock USD.001 | 0.24% | 0.26% | 0.02% |
| IQVIqvia Holdings Inc | 0.22% | 0.28% | 0.06% |
| MOSMosaic Co | 0.24% | 0.25% | 0.01% |
| CRMSalesforce Inc Crm Us Equity | 0.21% | 0.28% | 0.07% |
72.8% of DFVE is already inside RSP.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DFVE or RSP?
DFVE has an expense ratio of 0.20% while RSP charges 0.20%. At the precision these are quoted to, they cost the same.
Which performed better, DFVE or RSP?
Over the past year DFVE returned +16.74% vs +15.88% for RSP, so DFVE leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DFVE or RSP?
DFVE has been the more volatile fund at 12.9% annualized versus 11.7% for RSP. Worst drawdown: DFVE -19.4% vs RSP -18.1%.
Should I hold both DFVE and RSP?
DFVE and RSP have a monthly-return correlation of 0.98, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between DFVE and RSP?
72.8% of DFVE's money is in holdings RSP also owns. 67.9% of RSP's is in holdings DFVE also owns. They hold 337 positions in common, counted across the 465 positions we hold weights for in DFVE and 505 in RSP.
Which pays a higher dividend, DFVE or RSP?
DFVE yields 1.34% while RSP yields 1.46%, so RSP currently pays the higher dividend yield.
Is RSP better than DFVE?
DFVE led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.98. DFVE is less concentrated, with 2.5% of the fund in its ten largest positions against 3.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.