RSP vs VXF
Invesco S&P 500 Equal Weight ETF vs Vanguard Extended Market ETF
Quick Verdict
VXF has a lower expense ratio. VXF delivered stronger 1-year returns. VXF offers more diversification with 3,376 holdings.
Side-by-Side Comparison
| Metric | RSP | VXF | Winner |
|---|---|---|---|
| Expense Ratio | 0.20% | 0.05% | |
| AUM | $100.1B | $30.5B | |
| Dividend Yield | 1.49% | 1.03% | |
| Holdings | 511 | 3,376 | |
| YTD Return | +15.15% | +15.71% | |
| 1Y Return | +20.06% | +23.93% | |
| 3Y Return (annualized) | +16.13% | +19.90% | |
| 5Y Return (annualized) | +9.24% | +7.18% | |
| Volatility (annualized) | 16.5% | 18.7% | |
| Max Drawdown | -60.9% | -59.4% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Apr 24, 2003 | Dec 27, 2001 |
RSP vs VXF Performance
Invesco S&P 500 Equal Weight ETF (RSP) is a ETF from Invesco (US) and Vanguard Extended Market ETF (VXF) is a ETF from Vanguard (US). Over the past year RSP returned +20.06% while VXF returned +23.93%. Year to date, RSP is up 15.15% versus a gain of 15.71% for VXF.
Over three years, RSP compounded at +16.13% per year against +19.90% for VXF; over five years the annualized figures are +9.24% and +7.18% respectively. Across the full 23-year window we track, RSP has the edge at +10.09% annualized vs +9.01%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VXF has been the more volatile fund, with annualized monthly volatility of 18.7% 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 worth weighing if you expect to sell during market stress rather than ride it out.
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 1.49% against 1.03% for VXF.
Holdings Overlap
RSP and VXF share 3 holdings out of 3724 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 VXF?
RSP has an expense ratio of 0.20% while VXF charges 0.05%. VXF is the cheaper option. On a $10,000 investment, that is $15 per year of difference.
Which performed better, RSP or VXF?
Over the past year RSP returned +20.06% vs +23.93% for VXF, so VXF leads on 1-year performance. Over the longest common window we track (23 years), RSP annualized +10.09% vs +9.01% for VXF. Past performance does not guarantee future results.
Which is riskier, RSP or VXF?
VXF has been the more volatile fund at 18.7% 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. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between RSP and VXF?
RSP and VXF share 3 common holdings with a 0.0% weight overlap. Combined, they hold 3724 unique securities.
Which pays a higher dividend, RSP or VXF?
RSP yields 1.49% while VXF yields 1.03%, so RSP currently pays the higher dividend yield.
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