RSP vs VGIT
Invesco S&P 500 Equal Weight ETF vs Vanguard Intermediate Term Treasury ETF
Quick Verdict
VGIT has a lower expense ratio. RSP delivered stronger 1-year returns. RSP offers more diversification with 511 holdings.
Side-by-Side Comparison
| Metric | RSP | VGIT | Winner |
|---|---|---|---|
| Expense Ratio | 0.20% | 0.03% | |
| AUM | $100.1B | $42.4B | |
| Dividend Yield | 1.49% | 3.88% | |
| Holdings | 511 | 209 | |
| YTD Return | +15.76% | -0.22% | |
| 1Y Return | +19.21% | +1.22% | |
| 3Y Return (annualized) | +16.06% | +4.11% | |
| 5Y Return (annualized) | +8.90% | -0.07% | |
| Volatility (annualized) | 16.5% | 4.3% | |
| Max Drawdown | -60.9% | -17.2% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Fixed Income | |
| Inception | Apr 24, 2003 | Nov 19, 2009 |
RSP vs VGIT Performance
Invesco S&P 500 Equal Weight ETF (RSP) is a ETF from Invesco (US) and Vanguard Intermediate Term Treasury ETF (VGIT) is a ETF from Vanguard (US). Over the past year RSP returned +19.21% while VGIT returned +1.22%. Year to date, RSP is up 15.76% versus a loss of 0.22% for VGIT.
Over three years, RSP compounded at +16.06% per year against +4.11% for VGIT; over five years the annualized figures are +8.90% and -0.07% respectively. Across the full 17-year window we track, RSP has the edge at +10.11% annualized vs +0.78%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RSP has been the more volatile fund, with annualized monthly volatility of 16.5% compared with 4.3% for VGIT. 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 -17.2% for VGIT. 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 -0.07. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
RSP charges 0.20% per year while VGIT 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 1.49% against 3.88% for VGIT.
Holdings Overlap
RSP and VGIT share 0 holdings out of 517 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, RSP or VGIT?
RSP has an expense ratio of 0.20% while VGIT charges 0.03%. VGIT is the cheaper option. On a $10,000 investment, that is $17 per year of difference.
Which performed better, RSP or VGIT?
Over the past year RSP returned +19.21% vs +1.22% for VGIT, so RSP leads on 1-year performance. Over the longest common window we track (17 years), RSP annualized +10.11% vs +0.78% for VGIT. Past performance does not guarantee future results.
Which is riskier, RSP or VGIT?
RSP has been the more volatile fund at 16.5% annualized versus 4.3% for VGIT. Worst drawdown: RSP -60.9% vs VGIT -17.2%.
Should I hold both RSP and VGIT?
RSP and VGIT have a monthly-return correlation of -0.07, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between RSP and VGIT?
RSP and VGIT share 0 common holdings with a 0.0% weight overlap. Combined, they hold 517 unique securities.
Which pays a higher dividend, RSP or VGIT?
RSP yields 1.49% while VGIT yields 3.88%, so VGIT currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.