RSP vs VXF
Invesco S&P 500 Equal Weight ETF vs Vanguard Extended Market ETF
Which is better, RSP or VXF?
Large Cap Blend against Mid Cap Blend.
VXF has a lower expense ratio. RSP led over 1Y and 5Y, VXF over 3Y and the full window. The two have moved almost in lockstep, correlation 0.95. RSP is less concentrated, with 2.6% of the fund in its ten largest positions against 7.4%.
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 | VXF |
|---|---|---|
| Expense Ratio | 0.20% | 0.05%Best |
| AUM | $101.9B | $30.2B |
| Dividend Yield | 1.45% | 1.05% |
| Holdings | 1,021 | 3,377 |
| YTD Return | +15.90%Best | +10.38% |
| 1Y Return | +18.96%Best | +11.46% |
| 3Y Return (annualized) | +18.06% | +19.87%Best |
| 5Y Return (annualized) | +8.31%Best | +4.68% |
| Volatility (annualized) | 16.5%Best | 18.6% |
| Max Drawdown | -60.9% | -59.4%Best |
| $10,000 over 5 years | $14,905Best | $12,570 |
| Top 10 Weight | 2.6%Best | 7.4% |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Blend |
| Inception | Apr 24, 2003 | Dec 27, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Apr 30, 2003 to Nov 10, 2026 (23.5 years).
RSP vs VXF 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 23.5 years both funds cover.
RSP vs VXF Performance
Invesco S&P 500 Equal Weight ETF (RSP) is an ETF from Invesco (US) and Vanguard Extended Market ETF (VXF) is an ETF from Vanguard (US). Over the past year RSP returned +18.96% while VXF returned +11.46%. Year to date, RSP is up 15.90% versus a gain of 10.38% for VXF.
Over three years, RSP compounded at +18.06% per year against +19.87% for VXF; over five years the annualized figures are +8.31% and +4.68% respectively. Across the full 24-year window we track, VXF has the edge at +10.08% annualized vs +10.02%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VXF has been the more volatile fund, with annualized monthly volatility of 18.6% compared with 16.5% 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 -59.4% for VXF. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.95. 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 VXF 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 1.45% against 1.05% for VXF.
Holdings Overlap
1.5% of RSP's money is in holdings VXF also owns. 1.8% of VXF's money is in holdings RSP also owns.
VXF and RSP share little of their money.
7 positions in common, counted across the 504 positions we hold weights for in RSP and 3,267 in VXF, against full books of 1,021 and 3,377.
What only one of them owns
Our book lists 1,730 positions for VXF that do not appear in our book for RSP (91.8% of the fund), and 495 for RSP that do not appear in VXF (97.9%).
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
You are not choosing between two funds in isolation.
Whichever of RSP and VXF you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, RSP or VXF?
RSP has an expense ratio of 0.20% while VXF charges 0.05%. VXF is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, RSP or VXF?
Over the past year RSP returned +18.96% vs +11.46% for VXF, so RSP leads on 1-year performance. Over the longest common window we track (24 years), RSP annualized +10.02% vs +10.08% for VXF. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RSP or VXF?
VXF has been the more volatile fund at 18.6% annualized versus 16.5% for RSP. Worst drawdown: RSP -60.9% vs VXF -59.4%.
Should I hold both RSP and VXF?
RSP and VXF have a monthly-return correlation of 0.95, 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 VXF?
1.8% of VXF's money is in holdings RSP also owns. 1.8% of VXF's is in holdings RSP also owns. They hold 7 positions in common, counted across the 504 positions we hold weights for in RSP and 3,267 in VXF.
Which pays a higher dividend, RSP or VXF?
RSP yields 1.45% while VXF yields 1.05%, so RSP currently pays the higher dividend yield.
Is VXF better than RSP?
VXF has a lower expense ratio. RSP led over 1Y and 5Y, VXF over 3Y and the full window. The two have moved almost in lockstep, correlation 0.95. RSP is less concentrated, with 2.6% of the fund in its ten largest positions against 7.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.