IVV vs RSPE
iShares Core S&P 500 ETF vs Invesco ESG S&P 500 Equal Weight ETF
Which is better, IVV or RSPE?
Large Cap Blend against Large Cap Value.
IVV has a lower expense ratio. IVV led over 3Y and the full window, RSPE over 1Y. The two have moved almost in lockstep, correlation 0.91. RSPE is less concentrated, with 6.8% of the fund in its ten largest positions against 37.9%.
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 | RSPE |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.20% |
| AUM | $876.4B | $73M |
| Dividend Yield | 1.06% | 1.45% |
| Holdings | 508 | 186 |
| YTD Return | +11.57% | +14.30%Best |
| 1Y Return | +17.57% | +21.11%Best |
| 3Y Return (annualized) | +20.71%Best | +16.26% |
| 5Y Return (annualized) | +12.80% | - |
| Volatility (annualized) | 15.7%Best | 16.4% |
| Max Drawdown | -24.5% | -22.9%Best |
| $10,000 over 4.8 years | $17,295Best | $14,741 |
| Top 10 Weight | 37.9% | 6.8%Best |
| Fund Family | iShares by BlackRock (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | May 15, 2000 | Nov 17, 2021 |
Volatility and max drawdown, and the $10,000 over 4.8 years row, are measured over the window both funds cover: Nov 17, 2021 to Sep 10, 2026 (4.8 years).
IVV vs RSPE 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 4.8 years both funds cover.
IVV vs RSPE Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Invesco ESG S&P 500 Equal Weight ETF (RSPE) is an ETF from Invesco (US). Over the past year IVV returned +17.57% while RSPE returned +21.11%. Year to date, IVV is up 11.57% versus a gain of 14.30% for RSPE.
Over three years, IVV compounded at +20.71% per year against +16.26% for RSPE.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RSPE has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 15.7% 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 -24.5% for IVV and -22.9% for RSPE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while RSPE charges 0.20%. On a $10,000 position that is $3 vs $20 annually, a gap of $17 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 1.45% for RSPE.
Holdings Overlap
44.3% of IVV's money is in holdings RSPE also owns. 98.2% of RSPE's money is in holdings IVV also owns.
Most of RSPE is already inside IVV. Owning both mostly buys the same companies twice.
181 positions in common, counted across the 505 positions we hold weights for in IVV and 185 in RSPE, against full books of 508 and 186.
What only one of them owns
Our book lists 2 positions for RSPE that do not appear in our book for IVV (0.7% of the fund), and 317 for IVV that do not appear in RSPE (55.2%).
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 IVV | Weight in RSPE | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 7.98% | 0.55% | 7.43% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.44% | 0.64% | 4.80% |
| GOOGLAlphabet A Usd 0.001 | 3.19% | 0.30% | 2.89% |
| GOOGAlphabet Inc | 2.56% | 0.24% | 2.32% |
| MUMicron Technology, Inc. | 1.51% | 0.52% | 0.99% |
| VVisa Inc | 0.92% | 0.59% | 0.33% |
| MAMastercard Inc | 0.69% | 0.60% | 0.09% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.72% | 0.53% | 0.19% |
| WMTWalmart, Inc. | 0.74% | 0.48% | 0.26% |
| BACBank Of America Corp. | 0.62% | 0.60% | 0.02% |
98.2% of RSPE 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 RSPE?
IVV has an expense ratio of 0.03% while RSPE charges 0.20%. IVV is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, IVV or RSPE?
Over the past year IVV returned +17.57% vs +21.11% for RSPE, so RSPE leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or RSPE?
RSPE has been the more volatile fund at 16.4% annualized versus 15.7% for IVV. Worst drawdown: IVV -24.5% vs RSPE -22.9%.
Should I hold both IVV and RSPE?
IVV and RSPE have a monthly-return correlation of 0.91, 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 IVV and RSPE?
98.2% of RSPE's money is in holdings IVV also owns. 98.2% of RSPE's is in holdings IVV also owns. They hold 181 positions in common, counted across the 505 positions we hold weights for in IVV and 185 in RSPE.
Which pays a higher dividend, IVV or RSPE?
IVV yields 1.06% while RSPE yields 1.45%, so RSPE currently pays the higher dividend yield.
Is RSPE better than IVV?
IVV has a lower expense ratio. IVV led over 3Y and the full window, RSPE over 1Y. The two have moved almost in lockstep, correlation 0.91. RSPE is less concentrated, with 6.8% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.