IVV vs RSPC
iShares Core S&P 500 ETF vs Invesco S&P 500 Equal Weight Communication Services ETF
Which is better, IVV or RSPC?
Large Cap Blend against Large Cap Value.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 48.9%.
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 | IVV | RSPC |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.40% |
| AUM | $886.7B | $58M |
| Dividend Yield | 1.10% | 1.83% |
| Holdings | 508 | 27 |
| YTD Return | +13.39%Best | -6.07% |
| 1Y Return | +20.08%Best | -3.97% |
| 3Y Return (annualized) | +21.29%Best | +11.79% |
| 5Y Return (annualized) | +12.88%Best | +0.06% |
| Volatility (annualized) | 16.8%Best | 19.9% |
| Max Drawdown | -33.9%Best | -38.0% |
| $10,000 over 5 years | $18,327Best | $10,030 |
| Top 10 Weight | 37.9%Best | 48.9% |
| Fund Family | iShares by BlackRock (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | May 15, 2000 | Nov 7, 2018 |
Volatility and max drawdown are measured over the window both funds cover: Nov 7, 2018 to Sep 4, 2026 (7.8 years).
IVV vs RSPC 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 7.8 years both funds cover.
IVV vs RSPC Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Invesco S&P 500 Equal Weight Communication Services ETF (RSPC) is an ETF from Invesco (US). Over the past year IVV returned +20.08% while RSPC returned -3.97%. Year to date, IVV is up 13.39% versus a loss of 6.07% for RSPC.
Over three years, IVV compounded at +21.29% per year against +11.79% for RSPC; over five years the annualized figures are +12.88% and +0.06% respectively. Across the full 8-year window we track, IVV has the edge at +14.83% annualized vs +5.90%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RSPC has been the more volatile fund, with annualized monthly volatility of 19.9% compared with 16.8% for IVV. 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 -33.9% for IVV and -38.0% for RSPC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while RSPC charges 0.40%. On a $10,000 position that is $3 vs $40 annually, a gap of $37 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 1.83% for RSPC.
Holdings Overlap
9.6% of IVV's money is in holdings RSPC also owns. 84.9% of RSPC's money is in holdings IVV also owns.
Most of RSPC is already inside IVV. Owning both mostly buys the same companies twice.
22 positions in common, counted across the 505 positions we hold weights for in IVV and 26 in RSPC, against full books of 508 and 27.
What only one of them owns
Measured across the 505 and 26 positions we hold weights for.
IVV holds 476 positions RSPC does not, 89.8% of the fund.
Largest: NVDA 7.98%, AAPL 6.86%, MSFT 5.44%, AMZN 4.01%, AVGO 2.98%
Top Shared Holdings
| Stock | Weight in IVV | Weight in RSPC | Difference |
|---|---|---|---|
| METAMeta Platform Inc | 1.94% | 4.64% | 2.70% |
| GOOGLAlphabet Inc.Class A | 3.19% | 2.65% | 0.54% |
| TTWOTake-Two Interactive Software, Inc. | 0.06% | 5.14% | 5.08% |
| OMCOmnicom Group Inc. | 0.04% | 4.98% | 4.94% |
| CHTRCharter Communications Inc., Class a | 0.02% | 5.00% | 4.98% |
| LYVLive Nation Entertainment Inc | 0.04% | 4.94% | 4.90% |
| CMCSAComcast Corp-class A Cmcsa | 0.13% | 4.68% | 4.55% |
| VZVerizon Communic | 0.29% | 4.50% | 4.21% |
| TAT&T Inc | 0.24% | 4.54% | 4.30% |
| DISWalt Disney Co | 0.27% | 4.48% | 4.21% |
84.9% of RSPC is already inside IVV.
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, IVV or RSPC?
IVV has an expense ratio of 0.03% while RSPC charges 0.40%. IVV is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, IVV or RSPC?
Over the past year IVV returned +20.08% vs -3.97% for RSPC, so IVV leads on 1-year performance. Over the longest common window we track (8 years), IVV annualized +14.83% vs +5.90% for RSPC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or RSPC?
RSPC has been the more volatile fund at 19.9% annualized versus 16.8% for IVV. Worst drawdown: IVV -33.9% vs RSPC -38.0%.
Should I hold both IVV and RSPC?
IVV and RSPC have a monthly-return correlation of 0.84, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IVV and RSPC?
84.9% of RSPC's money is in holdings IVV also owns. 84.9% of RSPC's is in holdings IVV also owns. They hold 22 positions in common, counted across the 505 positions we hold weights for in IVV and 26 in RSPC.
Which pays a higher dividend, IVV or RSPC?
IVV yields 1.10% while RSPC yields 1.83%, so RSPC currently pays the higher dividend yield.
Is RSPC better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 48.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.