RSP vs SPDW
Invesco S&P 500 Equal Weight ETF vs State Street SPDR Portfolio Developed World ex-US ETF
Which is better, RSP or SPDW?
Each has led over a different period.
SPDW has a lower expense ratio. RSP led over the full window, SPDW over 1Y, 3Y and 5Y.
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 | RSP | SPDW |
|---|---|---|
| Expense Ratio | 0.20% | 0.03%Best |
| AUM | $99.6B | $42.1B |
| Dividend Yield | 1.46% | 2.92% |
| Holdings | 511 | 2,440 |
| YTD Return | +10.46% | +14.55%Best |
| 1Y Return | +13.34% | +22.48%Best |
| 3Y Return (annualized) | +15.49% | +20.47%Best |
| 5Y Return (annualized) | +8.23% | +9.24%Best |
| Volatility (annualized) | 17.6%Tie | 17.6%Tie |
| Max Drawdown | -60.9%Best | -62.2% |
| $10,000 over 5 years | $14,850 | $15,556Best |
| Fund Family | Invesco (US) | SPDR State Street Global Advisors |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 24, 2003 | Apr 20, 2007 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Apr 26, 2007 to Sep 23, 2026 (19.4 years).
RSP vs SPDW 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 19.4 years both funds cover.
RSP vs SPDW Performance
Invesco S&P 500 Equal Weight ETF (RSP) is an ETF from Invesco (US) and State Street SPDR Portfolio Developed World ex-US ETF (SPDW) is an ETF from SPDR State Street Global Advisors. Over the past year RSP returned +13.34% while SPDW returned +22.48%. Year to date, RSP is up 10.46% versus a gain of 14.55% for SPDW.
Over three years, RSP compounded at +15.49% per year against +20.47% for SPDW; over five years the annualized figures are +8.23% and +9.24% respectively. Across the full 19-year window we track, RSP has the edge at +8.05% annualized vs +3.05%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RSP and SPDW have been equally volatile, both at 17.6% annualized.
The deepest peak-to-trough decline in our data was -60.9% for RSP and -62.2% for SPDW. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
RSP charges 0.20% per year while SPDW charges 0.03%. On a $10,000 position that is $20 vs $3 annually, a gap of $17 per year that compounds over a long holding period. On income, RSP currently yields 1.46% against 2.92% for SPDW.
Holdings Overlap
At least 0.6% of RSP's money is in holdings SPDW also owns.
Stated as a floor: for SPDW, our book for it covers 86.3% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
3 positions in common, counted across the 502 positions we hold weights for in RSP and 2,129 in SPDW, against full books of 511 and 2,440.
You are not choosing between two funds in isolation.
Whichever of RSP and SPDW you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, RSP or SPDW?
RSP has an expense ratio of 0.20% while SPDW charges 0.03%. SPDW is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, RSP or SPDW?
Over the past year RSP returned +13.34% vs +22.48% for SPDW, so SPDW leads on 1-year performance. Over the longest common window we track (19 years), RSP annualized +8.05% vs +3.05% for SPDW. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RSP or SPDW?
RSP and SPDW have been equally volatile, both at 17.6% annualized. Worst drawdown: RSP -60.9% vs SPDW -62.2%.
Should I hold both RSP and SPDW?
RSP and SPDW have a monthly-return correlation of 0.89, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, RSP or SPDW?
RSP yields 1.46% while SPDW yields 2.92%, so SPDW currently pays the higher dividend yield.
Is SPDW better than RSP?
SPDW has a lower expense ratio. RSP led over the full window, SPDW over 1Y, 3Y and 5Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.