IVV vs RSPF
iShares Core S&P 500 ETF vs Invesco S&P 500 Equal Weight Financials ETF
Which is better, IVV or RSPF?
Large Cap Blend against Large Cap Value.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. RSPF is less concentrated, with 15.0% 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 | RSPF |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.40% |
| AUM | $876.4B | $307M |
| Dividend Yield | 1.06% | 1.49% |
| Holdings | 508 | 78 |
| YTD Return | +12.24%Best | +6.60% |
| 1Y Return | +18.61%Best | +8.43% |
| 3Y Return (annualized) | +20.98%Best | +18.55% |
| 5Y Return (annualized) | +12.76%Best | +8.00% |
| Volatility (annualized) | 15.4%Best | 23.5% |
| Max Drawdown | -56.5%Best | -82.2% |
| $10,000 over 5 years | $18,230Best | $14,693 |
| Top 10 Weight | 37.9% | 15.0%Best |
| Fund Family | iShares by BlackRock (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | May 15, 2000 | Nov 1, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Nov 7, 2006 to Sep 9, 2026 (19.8 years).
IVV vs RSPF 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 19.8 years both funds cover.
IVV vs RSPF Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Invesco S&P 500 Equal Weight Financials ETF (RSPF) is an ETF from Invesco (US). Over the past year IVV returned +18.61% while RSPF returned +8.43%. Year to date, IVV is up 12.24% versus a gain of 6.60% for RSPF.
Over three years, IVV compounded at +20.98% per year against +18.55% for RSPF; over five years the annualized figures are +12.76% and +8.00% respectively. Across the full 20-year window we track, IVV has the edge at +9.41% annualized vs +3.20%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RSPF has been the more volatile fund, with annualized monthly volatility of 23.5% compared with 15.4% 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 -82.2% for RSPF. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while RSPF 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 1.06% against 1.49% for RSPF.
Holdings Overlap
12.3% of IVV's money is in holdings RSPF also owns. 98.4% of RSPF's money is in holdings IVV also owns.
Most of RSPF is already inside IVV. Owning both mostly buys the same companies twice.
75 positions in common, counted across the 505 positions we hold weights for in IVV and 77 in RSPF, against full books of 508 and 78.
What only one of them owns
Our book lists 1 positions for RSPF that do not appear in our book for IVV (0.0% of the fund), and 421 for IVV that do not appear in RSPF (87.1%).
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 RSPF | Difference |
|---|---|---|---|
| JPMJpmorgan Chase | 1.45% | 1.36% | 0.09% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 1.43% | 1.26% | 0.17% |
| VVisa Inc-class A Shares | 0.92% | 1.35% | 0.43% |
| MAMastercard Inc | 0.69% | 1.38% | 0.69% |
| BACBank of America Corp.: Financials | 0.62% | 1.36% | 0.74% |
| PYPLPaypay Holdings, Inc. | 0.08% | 1.70% | 1.62% |
| GSGoldman Sachs Group Inc/The | 0.47% | 1.24% | 0.77% |
| GPNGlobal Payments Inc. | 0.03% | 1.67% | 1.64% |
| WFCWells Fargo & Co. | 0.41% | 1.27% | 0.86% |
| SCHWSchwab Strategic T | 0.27% | 1.41% | 1.14% |
98.4% of RSPF 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 RSPF?
IVV has an expense ratio of 0.03% while RSPF charges 0.40%. IVV is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, IVV or RSPF?
Over the past year IVV returned +18.61% vs +8.43% for RSPF, so IVV leads on 1-year performance. Over the longest common window we track (20 years), IVV annualized +9.41% vs +3.20% for RSPF. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or RSPF?
RSPF has been the more volatile fund at 23.5% annualized versus 15.4% for IVV. Worst drawdown: IVV -56.5% vs RSPF -82.2%.
Should I hold both IVV and RSPF?
IVV and RSPF have a monthly-return correlation of 0.81, 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 RSPF?
98.4% of RSPF's money is in holdings IVV also owns. 98.4% of RSPF's is in holdings IVV also owns. They hold 75 positions in common, counted across the 505 positions we hold weights for in IVV and 77 in RSPF.
Which pays a higher dividend, IVV or RSPF?
IVV yields 1.06% while RSPF yields 1.49%, so RSPF currently pays the higher dividend yield.
Is RSPF better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. RSPF is less concentrated, with 15.0% 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.