IVV vs RSPD
iShares Core S&P 500 ETF vs Invesco S&P 500 Equal Weight Consumer Discretionary ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | RSPD | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.40% | |
| AUM | $865.2B | $318M | |
| Dividend Yield | 1.09% | 0.88% | |
| Holdings | 508 | 50 | |
| YTD Return | +14.50% | +1.75% | |
| 1Y Return | +22.02% | +1.19% | |
| 3Y Return (annualized) | +21.80% | +9.43% | |
| 5Y Return (annualized) | +13.37% | +4.02% | |
| Volatility (annualized) | 15.1% | 22.4% | |
| Max Drawdown | -56.5% | -68.8% | |
| Fund Family | iShares by BlackRock (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Nov 1, 2006 |
IVV vs RSPD Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD) is a ETF from Invesco (US). Over the past year IVV returned +22.02% while RSPD returned +1.19%. Year to date, IVV is up 14.50% versus a gain of 1.75% for RSPD.
Over three years, IVV compounded at +21.80% per year against +9.43% for RSPD; over five years the annualized figures are +13.37% and +4.02% respectively. Across the full 20-year window we track, RSPD has the edge at +7.31% annualized vs +7.07%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RSPD has been the more volatile fund, with annualized monthly volatility of 22.4% compared with 15.1% 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 -56.5% for IVV and -68.8% for RSPD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while RSPD 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 1.09% against 0.88% for RSPD.
Holdings Overlap
IVV and RSPD share 46 holdings out of 506 unique holdings combined, representing a 7.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or RSPD?
IVV has an expense ratio of 0.03% while RSPD charges 0.40%. IVV is the cheaper option. On a $10,000 investment, that is $37 per year of difference.
Which performed better, IVV or RSPD?
Over the past year IVV returned +22.02% vs +1.19% for RSPD, so IVV leads on 1-year performance. Over the longest common window we track (20 years), IVV annualized +7.07% vs +7.31% for RSPD. Past performance does not guarantee future results.
Which is riskier, IVV or RSPD?
RSPD has been the more volatile fund at 22.4% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs RSPD -68.8%.
Should I hold both IVV and RSPD?
IVV and RSPD have a monthly-return correlation of 0.87, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and RSPD?
IVV and RSPD share 46 common holdings with a 7.4% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, IVV or RSPD?
IVV yields 1.09% while RSPD yields 0.88%, so IVV currently pays the higher dividend yield.
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