RSP vs VTV
Invesco S&P 500 Equal Weight ETF vs Vanguard Morningstar Value ETF
Which is better, RSP or VTV?
Large Cap Blend against Large Cap Value.
VTV has a lower expense ratio. RSP led over the full window, VTV over 1Y, 3Y and 5Y. The two have moved almost in lockstep, correlation 0.96.
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 | VTV |
|---|---|---|
| Expense Ratio | 0.20% | 0.03%Best |
| AUM | $99.6B | $187.8B |
| Dividend Yield | 1.46% | 1.82% |
| Holdings | 511 | 311 |
| YTD Return | +11.43% | +16.54%Best |
| 1Y Return | +15.56% | +23.50%Best |
| 3Y Return (annualized) | +14.70% | +18.57%Best |
| 5Y Return (annualized) | +8.43% | +12.54%Best |
| Volatility (annualized) | 16.6% | 14.5%Best |
| Max Drawdown | -60.9%Best | -61.3% |
| $10,000 over 5 years | $14,988 | $18,052Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Apr 24, 2003 | Jan 26, 2004 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jan 30, 2004 to Sep 10, 2026 (22.6 years).
RSP vs VTV 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 22.6 years both funds cover.
RSP vs VTV Performance
Invesco S&P 500 Equal Weight ETF (RSP) is an ETF from Invesco (US) and Vanguard Morningstar Value ETF (VTV) is an ETF from Vanguard (US). Over the past year RSP returned +15.56% while VTV returned +23.50%. Year to date, RSP is up 11.43% versus a gain of 16.54% for VTV.
Over three years, RSP compounded at +14.70% per year against +18.57% for VTV; over five years the annualized figures are +8.43% and +12.54% respectively. Across the full 23-year window we track, RSP has the edge at +8.78% annualized vs +7.51%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RSP has been the more volatile fund, with annualized monthly volatility of 16.6% compared with 14.5% for VTV. 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 -61.3% for VTV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. 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 VTV 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 1.82% for VTV.
Holdings Overlap
At least 83.1% of VTV's money is in holdings RSP also owns.
Stated as a floor: for RSP, our book for it covers 91.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
Most of VTV is already inside RSP. Owning both mostly buys the same companies twice.
261 positions in common, counted across the 463 positions we hold weights for in RSP and 308 in VTV, against full books of 511 and 311.
Top Shared Holdings
| Stock | Weight in RSP | Weight in VTV | Difference |
|---|---|---|---|
| MUMicron Technology, Inc. | 0.19% | 4.87% | 4.68% |
| JPMJpmorgan Chase & Co. | 0.22% | 3.06% | 2.84% |
| XOMExxon Mobil Corp. | 0.19% | 2.12% | 1.93% |
| CATCaterpillar, Inc. | 0.19% | 1.84% | 1.65% |
| WMTWalmart, Inc. | 0.17% | 1.86% | 1.69% |
| ABBVAbbvie Inc. | 0.20% | 1.66% | 1.46% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.19% | 1.56% | 1.37% |
| UNHUnitedhealth Group Inc. | 0.19% | 1.41% | 1.22% |
| BACBank Of America Corp. | 0.22% | 1.36% | 1.14% |
| PGProcter & Gamble Company | 0.19% | 1.28% | 1.09% |
83.1% of VTV 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 VTV?
RSP has an expense ratio of 0.20% while VTV charges 0.03%. VTV is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, RSP or VTV?
Over the past year RSP returned +15.56% vs +23.50% for VTV, so VTV leads on 1-year performance. Over the longest common window we track (23 years), RSP annualized +8.78% vs +7.51% for VTV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RSP or VTV?
RSP has been the more volatile fund at 16.6% annualized versus 14.5% for VTV. Worst drawdown: RSP -60.9% vs VTV -61.3%.
Should I hold both RSP and VTV?
RSP and VTV have a monthly-return correlation of 0.96, 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 VTV?
At least 83.1% of VTV's money is in holdings RSP also owns. Our book for RSP is partial, so the real figure is this or higher. They hold 261 positions in common, counted across the 463 positions we hold weights for in RSP and 308 in VTV.
Which pays a higher dividend, RSP or VTV?
RSP yields 1.46% while VTV yields 1.82%, so VTV currently pays the higher dividend yield.
Is VTV better than RSP?
VTV has a lower expense ratio. RSP led over the full window, VTV over 1Y, 3Y and 5Y. The two have moved almost in lockstep, correlation 0.96. Which one suits a particular account depends on what it is for. This is information, not a recommendation.