IVV vs RSPU
iShares Core S&P 500 ETF vs Invesco S&P 500 Equal Weight Utilities ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | RSPU | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.40% | |
| AUM | $907.0B | $538M | |
| Dividend Yield | 1.10% | 2.55% | |
| Holdings | 508 | 33 | |
| YTD Return | +12.71% | +1.94% | |
| 1Y Return | +21.89% | +4.20% | |
| 3Y Return (annualized) | +22.08% | +15.17% | |
| 5Y Return (annualized) | +12.96% | +9.16% | |
| Volatility (annualized) | 15.1% | 14.5% | |
| Max Drawdown | -56.5% | -51.3% | |
| Fund Family | iShares by BlackRock (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Nov 1, 2006 |
IVV vs RSPU Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Invesco S&P 500 Equal Weight Utilities ETF (RSPU) is a ETF from Invesco (US). Over the past year IVV returned +21.89% while RSPU returned +4.20%. Year to date, IVV is up 12.71% versus a gain of 1.94% for RSPU.
Over three years, IVV compounded at +22.08% per year against +15.17% for RSPU; over five years the annualized figures are +12.96% and +9.16% respectively. Across the full 20-year window we track, IVV has the edge at +7.00% annualized vs +6.04%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 14.5% for RSPU. 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 -51.3% for RSPU. 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 0.57. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while RSPU 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 2.55% for RSPU.
Holdings Overlap
IVV and RSPU share 31 holdings out of 505 unique holdings combined, representing a 2.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or RSPU?
IVV has an expense ratio of 0.03% while RSPU 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 RSPU?
Over the past year IVV returned +21.89% vs +4.20% for RSPU, so IVV leads on 1-year performance. Over the longest common window we track (20 years), IVV annualized +7.00% vs +6.04% for RSPU. Past performance does not guarantee future results.
Which is riskier, IVV or RSPU?
IVV has been the more volatile fund at 15.1% annualized versus 14.5% for RSPU. Worst drawdown: IVV -56.5% vs RSPU -51.3%.
Should I hold both IVV and RSPU?
IVV and RSPU have a monthly-return correlation of 0.57, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and RSPU?
IVV and RSPU share 31 common holdings with a 2.2% weight overlap. Combined, they hold 505 unique securities.
Which pays a higher dividend, IVV or RSPU?
IVV yields 1.10% while RSPU yields 2.55%, so RSPU currently pays the higher dividend yield.
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