RSP vs VOT
Invesco S&P 500 Equal Weight ETF vs Vanguard Morningstar Mid-Cap Growth ETF
Which is better, RSP or VOT?
Large Cap Blend against Mid Cap Growth.
VOT has a lower expense ratio. RSP led over 1Y and 5Y, VOT over 3Y and the full window. The two have moved almost in lockstep, correlation 0.92. RSP is less concentrated, with 3.2% of the fund in its ten largest positions against 20.9%.
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 | VOT |
|---|---|---|
| Expense Ratio | 0.20% | 0.05%Best |
| AUM | $99.6B | $19.1B |
| Dividend Yield | 1.46% | 0.60% |
| Holdings | 511 | 129 |
| YTD Return | +11.24%Best | +6.47% |
| 1Y Return | +14.28%Best | +2.13% |
| 3Y Return (annualized) | +15.78% | +16.17%Best |
| 5Y Return (annualized) | +8.70%Best | +4.68% |
| Volatility (annualized) | 17.3%Best | 18.5% |
| Max Drawdown | -60.9% | -60.3%Best |
| $10,000 over 5 years | $15,176Best | $12,570 |
| Top 10 Weight | 3.2%Best | 20.9% |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Growth |
| Inception | Apr 24, 2003 | Aug 17, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Aug 24, 2006 to Sep 22, 2026 (20.1 years).
RSP vs VOT 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 20.1 years both funds cover.
RSP vs VOT Performance
Invesco S&P 500 Equal Weight ETF (RSP) is an ETF from Invesco (US) and Vanguard Morningstar Mid-Cap Growth ETF (VOT) is an ETF from Vanguard (US). Over the past year RSP returned +14.28% while VOT returned +2.13%. Year to date, RSP is up 11.24% versus a gain of 6.47% for VOT.
Over three years, RSP compounded at +15.78% per year against +16.17% for VOT; over five years the annualized figures are +8.70% and +4.68% respectively. Across the full 20-year window we track, VOT has the edge at +9.42% annualized vs +8.78%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOT has been the more volatile fund, with annualized monthly volatility of 18.5% compared with 17.3% 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 -60.3% for VOT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. 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 VOT charges 0.05%. On a $10,000 position that is $20 vs $5 annually, a gap of $15 per year that compounds over a long holding period. On income, RSP currently yields 1.46% against 0.60% for VOT.
Holdings Overlap
18.8% of RSP's money is in holdings VOT also owns. 85.0% of VOT's money is in holdings RSP also owns.
Most of VOT is already inside RSP. Owning both mostly buys the same companies twice.
94 positions in common, counted across the 502 positions we hold weights for in RSP and 123 in VOT, against full books of 511 and 129.
What only one of them owns
Our book lists 27 positions for VOT that do not appear in our book for RSP (13.8% of the fund), and 404 for RSP that do not appear in VOT (80.0%).
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 VOT | Difference |
|---|---|---|---|
| HWMHowmet Aerospace Inc. | 0.19% | 2.57% | 2.38% |
| PWRQuanta Services Inc | 0.18% | 2.28% | 2.10% |
| STXSeagate Technology Holdings Plc | 0.19% | 2.18% | 1.99% |
| WDCWestern Digital Corp Company Guar 11/28 3 | 0.17% | 2.14% | 1.97% |
| VRTVertiv Holdings Co | 0.17% | 2.11% | 1.94% |
| DDOGDatadog Inc | 0.20% | 2.02% | 1.82% |
| CEGConstellation Energy Corporation Com | 0.21% | 1.94% | 1.73% |
| ROSTRoss Stores, Inc. | 0.19% | 1.84% | 1.65% |
| DASHDoordash Inc - A | 0.29% | 1.65% | 1.36% |
| RCLRoyal Caribbean Cruises | 0.19% | 1.75% | 1.56% |
85.0% of VOT 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 VOT?
RSP has an expense ratio of 0.20% while VOT charges 0.05%. VOT is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, RSP or VOT?
Over the past year RSP returned +14.28% vs +2.13% for VOT, so RSP leads on 1-year performance. Over the longest common window we track (20 years), RSP annualized +8.78% vs +9.42% for VOT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RSP or VOT?
VOT has been the more volatile fund at 18.5% annualized versus 17.3% for RSP. Worst drawdown: RSP -60.9% vs VOT -60.3%.
Should I hold both RSP and VOT?
RSP and VOT have a monthly-return correlation of 0.92, 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 VOT?
85.0% of VOT's money is in holdings RSP also owns. 85.0% of VOT's is in holdings RSP also owns. They hold 94 positions in common, counted across the 502 positions we hold weights for in RSP and 123 in VOT.
Which pays a higher dividend, RSP or VOT?
RSP yields 1.46% while VOT yields 0.60%, so RSP currently pays the higher dividend yield.
Is VOT better than RSP?
VOT has a lower expense ratio. RSP led over 1Y and 5Y, VOT over 3Y and the full window. The two have moved almost in lockstep, correlation 0.92. RSP is less concentrated, with 3.2% of the fund in its ten largest positions against 20.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.