RSPA vs VOO
Invesco S&P 500 Equal Weight Income Advantage ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. RSPA offers more diversification with 525 holdings.
Side-by-Side Comparison
| Metric | RSPA | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.29% | 0.03% | |
| AUM | $1.1B | $997.4B | |
| Dividend Yield | 8.95% | 1.08% | |
| Holdings | 525 | 509 | |
| YTD Return | +13.34% | +12.68% | |
| 1Y Return | +19.77% | +21.87% | |
| 3Y Return (annualized) | - | +22.06% | |
| 5Y Return (annualized) | - | +12.95% | |
| Volatility (annualized) | 8.7% | 14.1% | |
| Max Drawdown | -15.4% | -34.3% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jul 17, 2024 | Sep 7, 2010 |
RSPA vs VOO Performance
Invesco S&P 500 Equal Weight Income Advantage ETF (RSPA) is a ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year RSPA returned +19.77% while VOO returned +21.87%. Year to date, RSPA is up 13.34% versus a gain of 12.68% for VOO.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 8.7% for RSPA. 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 -15.4% for RSPA and -34.3% for VOO. 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
RSPA charges 0.29% per year while VOO charges 0.03%. On a $10,000 position that is $29 vs $3 annually, a gap of $26 per year that compounds over a long holding period. On income, RSPA currently yields 8.95% against 1.08% for VOO.
Holdings Overlap
RSPA and VOO share 487 holdings out of 520 unique holdings combined, representing a 39.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, RSPA or VOO?
RSPA has an expense ratio of 0.29% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $26 per year of difference.
Which performed better, RSPA or VOO?
Over the past year RSPA returned +19.77% vs +21.87% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), RSPA annualized +13.73% vs +13.47% for VOO. Past performance does not guarantee future results.
Which is riskier, RSPA or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 8.7% for RSPA. Worst drawdown: RSPA -15.4% vs VOO -34.3%.
Should I hold both RSPA and VOO?
RSPA and VOO have a monthly-return correlation of 0.80, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between RSPA and VOO?
RSPA and VOO share 487 common holdings with a 39.3% weight overlap. Combined, they hold 520 unique securities.
Which pays a higher dividend, RSPA or VOO?
RSPA yields 8.95% while VOO yields 1.08%, so RSPA 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.