RSP vs VEU

RSP vs VEU

Which is better, RSP or VEU?

Each has led over a different period.

VEU has a lower expense ratio. RSP led over the full window, VEU over 1Y, 3Y and 5Y.

Lower Fees: VEUHigher Returns: split

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

MetricRSPVEU
Expense Ratio0.20%0.04%Best
AUM$99.6B$68.4B
Dividend Yield1.46%2.48%
Holdings5113,928
YTD Return+11.43%+13.57%Best
1Y Return+15.56%+23.03%Best
3Y Return (annualized)+14.70%+19.74%Best
5Y Return (annualized)+8.43%+9.09%Best
Volatility (annualized)17.5%Best17.7%
Max Drawdown-60.9%Best-62.8%
$10,000 over 5 years$14,988$15,450Best
Fund FamilyInvesco (US)Vanguard (US)
CategoryEquityEquity
StyleLarge Cap BlendLarge Cap Blend
InceptionApr 24, 2003Mar 2, 2007

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown are measured over the window both funds cover: Mar 8, 2007 to Sep 10, 2026 (19.5 years).

RSP vs VEU 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 19.5 years both funds cover.

Compare RSP against instead:RSP vs SPYRSP vs QQQRSP vs VOORSP vs VTIVEU against:VEU vs VXUS

RSP vs VEU Performance

Invesco S&P 500 Equal Weight ETF (RSP) is an ETF from Invesco (US) and Vanguard FTSE All World Ex US ETF (VEU) is an ETF from Vanguard (US). Over the past year RSP returned +15.56% while VEU returned +23.03%. Year to date, RSP is up 11.43% versus a gain of 13.57% for VEU.

Over three years, RSP compounded at +14.70% per year against +19.74% for VEU; over five years the annualized figures are +8.43% and +9.09% respectively. Across the full 20-year window we track, RSP has the edge at +8.42% annualized vs +3.49%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VEU has been the more volatile fund, with annualized monthly volatility of 17.7% compared with 17.5% for RSP. 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 -60.9% for RSP and -62.8% for VEU. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.87. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

RSP charges 0.20% per year while VEU charges 0.04%. On a $10,000 position that is $20 vs $4 annually, a gap of $16 per year that compounds over a long holding period. On income, RSP currently yields 1.46% against 2.48% for VEU.

Holdings Overlap

We hold position weights for 463 holdings in RSP and 3,655 in VEU, totalling 91.6% and 94.0% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 3 positions appear in both.

3 positions in common, counted across the 463 positions we hold weights for in RSP and 3,655 in VEU, against full books of 511 and 3,928.

Top Shared Holdings

StockWeight in RSPWeight in VEUDifference
UMG:ASUniversal Music Group N.V. Universal Music Group N V0.19%0.05%0.14%
HAL:MBHindustan Aeronautics Ltd0.15%0.01%0.14%
ORCLOracle Corp.0.14%0.00%0.14%

You are not choosing between two funds in isolation.

Whichever of RSP and VEU you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

RSPVEU

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Frequently Asked Questions

Which is cheaper, RSP or VEU?

RSP has an expense ratio of 0.20% while VEU charges 0.04%. VEU is the cheaper option, by $16 a year on a $10,000 investment.

Which performed better, RSP or VEU?

Over the past year RSP returned +15.56% vs +23.03% for VEU, so VEU leads on 1-year performance. Over the longest common window we track (20 years), RSP annualized +8.42% vs +3.49% for VEU. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, RSP or VEU?

VEU has been the more volatile fund at 17.7% annualized versus 17.5% for RSP. Worst drawdown: RSP -60.9% vs VEU -62.8%.

Should I hold both RSP and VEU?

RSP and VEU have a monthly-return correlation of 0.87, 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 VEU?

RSP yields 1.46% while VEU yields 2.48%, so VEU currently pays the higher dividend yield.

Is VEU better than RSP?

VEU has a lower expense ratio. RSP led over the full window, VEU over 1Y, 3Y and 5Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.