RSPA vs VYM
Invesco S&P 500 Equal Weight Income Advantage ETF vs Vanguard High Dividend Yield ETF
Which is better, RSPA or VYM?
Large Cap Growth against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.93.
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 | RSPA | VYM |
|---|---|---|
| Expense Ratio | 0.29% | 0.04%Best |
| AUM | $1.2B | $81.6B |
| Dividend Yield | 8.95% | 2.22% |
| Holdings | 525 | 613 |
| YTD Return | +10.82% | +13.91%Best |
| 1Y Return | +14.62% | +17.57%Best |
| 3Y Return (annualized) | - | +18.12% |
| 5Y Return (annualized) | - | +12.17% |
| Volatility (annualized) | 8.8%Best | 10.0% |
| Max Drawdown | -15.4% | -14.5%Best |
| $10,000 over 2.2 years | $12,872 | $13,909Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Jul 17, 2024 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jul 17, 2024 to Sep 11, 2026 (2.2 years).
RSPA vs VYM 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 2.2 years both funds cover.
RSPA vs VYM Performance
Invesco S&P 500 Equal Weight Income Advantage ETF (RSPA) is an ETF from Invesco (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year RSPA returned +14.62% while VYM returned +17.57%. Year to date, RSPA is up 10.82% versus a gain of 13.91% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 10.0% compared with 8.8% 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 -14.5% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
RSPA charges 0.29% per year while VYM charges 0.04%. On a $10,000 position that is $29 vs $4 annually, a gap of $25 per year that compounds over a long holding period. On income, RSPA currently yields 8.95% against 2.22% for VYM.
Holdings Overlap
At least 80.9% of VYM's money is in holdings RSPA also owns.
Stated as a floor: for RSPA, our book for it covers 86.3% 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 VYM is already inside RSPA. Owning both mostly buys the same companies twice.
212 positions in common, counted across the 442 positions we hold weights for in RSPA and 603 in VYM, against full books of 525 and 613.
Top Shared Holdings
| Stock | Weight in RSPA | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 0.16% | 7.29% | 7.13% |
| JPMJpmorgan Chase & Co. | 0.33% | 3.38% | 3.05% |
| JNJJohnson & Johnson | 0.15% | 2.54% | 2.39% |
| XOMExxon Mobil Corp. | 0.14% | 2.36% | 2.22% |
| CATCaterpillar, Inc. | 0.14% | 2.01% | 1.87% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.14% | 1.93% | 1.79% |
| ABBVAbbvie Inc. | 0.15% | 1.85% | 1.70% |
| BACBank Of America Corp. | 0.16% | 1.56% | 1.40% |
| UNHUnitedhealth Group Inc. | 0.14% | 1.56% | 1.42% |
| GSGoldman Sachs Group Inc. | 0.47% | 1.15% | 0.68% |
80.9% of VYM is already inside RSPA.
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, RSPA or VYM?
RSPA has an expense ratio of 0.29% while VYM charges 0.04%. VYM is the cheaper option, by $25 a year on a $10,000 investment.
Which performed better, RSPA or VYM?
Over the past year RSPA returned +14.62% vs +17.57% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), RSPA annualized +12.16% vs +16.18% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RSPA or VYM?
VYM has been the more volatile fund at 10.0% annualized versus 8.8% for RSPA. Worst drawdown: RSPA -15.4% vs VYM -14.5%.
Should I hold both RSPA and VYM?
RSPA and VYM have a monthly-return correlation of 0.93, 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 RSPA and VYM?
At least 80.9% of VYM's money is in holdings RSPA also owns. Our book for RSPA is partial, so the real figure is this or higher. They hold 212 positions in common, counted across the 442 positions we hold weights for in RSPA and 603 in VYM.
Which pays a higher dividend, RSPA or VYM?
RSPA yields 8.95% while VYM yields 2.22%, so RSPA currently pays the higher dividend yield.
Is VYM better than RSPA?
VYM has a lower expense ratio. VYM led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.93. Which one suits a particular account depends on what it is for. This is information, not a recommendation.