RSP vs STNC
Invesco S&P 500 Equal Weight ETF vs Hennessy Sustainable ETF
Which is better, RSP or STNC?
RSP has been ahead.
RSP has a lower expense ratio. RSP led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.91. RSP is less concentrated, with 2.6% of the fund in its ten largest positions against 35.5%.
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 | STNC |
|---|---|---|
| Expense Ratio | 0.20%Best | 0.85% |
| AUM | $101.9B | $92M |
| Dividend Yield | 1.45% | 0.90% |
| Holdings | 1,021 | 98 |
| YTD Return | +16.83%Best | +13.36% |
| 1Y Return | +19.23%Best | +16.20% |
| 3Y Return (annualized) | +18.36%Best | +15.21% |
| 5Y Return (annualized) | +8.43%Best | +6.88% |
| Volatility (annualized) | 15.4% | 15.0%Best |
| Max Drawdown | -21.4%Best | -22.3% |
| $10,000 over 5 years | $14,988Best | $13,947 |
| Top 10 Weight | 2.6%Best | 35.5% |
| Fund Family | Invesco (US) | Hennessy Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 24, 2003 | Mar 15, 2021 |
Volatility and max drawdown are measured over the window both funds cover: Mar 16, 2021 to Nov 11, 2026 (5.7 years).
RSP vs STNC 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 5.7 years both funds cover.
RSP vs STNC Performance
Invesco S&P 500 Equal Weight ETF (RSP) is an ETF from Invesco (US) and Hennessy Sustainable ETF (STNC) is an ETF from Hennessy Funds. Over the past year RSP returned +19.23% while STNC returned +16.20%. Year to date, RSP is up 16.83% versus a gain of 13.36% for STNC.
Over three years, RSP compounded at +18.36% per year against +15.21% for STNC; over five years the annualized figures are +8.43% and +6.88% respectively. Across the full 6-year window we track, RSP has the edge at +10.10% annualized vs +8.30%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RSP has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 15.0% for STNC. 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 -21.4% for RSP and -22.3% for STNC. 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
RSP charges 0.20% per year while STNC charges 0.85%. On a $10,000 position that is $20 vs $85 annually, a gap of $65 per year that compounds over a long holding period. On income, RSP currently yields 1.45% against 0.90% for STNC.
Holdings Overlap
8.6% of RSP's money is in holdings STNC also owns. 95.7% of STNC's money is in holdings RSP also owns.
Most of STNC is already inside RSP. Owning both mostly buys the same companies twice.
44 positions in common, counted across the 504 positions we hold weights for in RSP and 47 in STNC, against full books of 1,021 and 98.
What only one of them owns
Our book lists 1 positions for STNC that do not appear in our book for RSP (0.6% of the fund), and 458 for RSP that do not appear in STNC (90.8%).
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 RSP | Weight in STNC | Difference |
|---|---|---|---|
| HPQHP Inc | 0.19% | 4.42% | 4.23% |
| BBYBest Buy Co Inc | 0.21% | 3.85% | 3.64% |
| MCKMckesson Corp. | 0.22% | 3.77% | 3.55% |
| BIIBBiogen Inc. | 0.22% | 3.52% | 3.30% |
| HCAHca Healthcare Inc. | 0.22% | 3.44% | 3.22% |
| KRKroger Co. | 0.22% | 3.36% | 3.14% |
| PWRQuanta Services Inc | 0.20% | 3.37% | 3.17% |
| COSTCostco Wholesale Corp. | 0.22% | 3.30% | 3.08% |
| GWWWw Grainger Inc. | 0.21% | 3.24% | 3.03% |
| WRBWr Berkley Corp | 0.21% | 3.23% | 3.02% |
95.7% of STNC is already inside RSP.
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, RSP or STNC?
RSP has an expense ratio of 0.20% while STNC charges 0.85%. RSP is the cheaper option, by $65 a year on a $10,000 investment.
Which performed better, RSP or STNC?
Over the past year RSP returned +19.23% vs +16.20% for STNC, so RSP leads on 1-year performance. Over the longest common window we track (6 years), RSP annualized +10.10% vs +8.30% for STNC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RSP or STNC?
RSP has been the more volatile fund at 15.4% annualized versus 15.0% for STNC. Worst drawdown: RSP -21.4% vs STNC -22.3%.
Should I hold both RSP and STNC?
RSP and STNC 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 RSP and STNC?
95.7% of STNC's money is in holdings RSP also owns. 95.7% of STNC's is in holdings RSP also owns. They hold 44 positions in common, counted across the 504 positions we hold weights for in RSP and 47 in STNC.
Which pays a higher dividend, RSP or STNC?
RSP yields 1.45% while STNC yields 0.90%, so RSP currently pays the higher dividend yield.
Is STNC better than RSP?
RSP has a lower expense ratio. RSP led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.91. RSP is less concentrated, with 2.6% of the fund in its ten largest positions against 35.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.