RSPD vs VOO
Invesco S&P 500 Equal Weight Consumer Discretionary ETF vs Vanguard S&P 500 ETF
Which is better, RSPD or VOO?
Mid Cap Blend against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. RSPD is less concentrated, with 26.6% of the fund in its ten largest positions against 37.6%.
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 | RSPD | VOO |
|---|---|---|
| Expense Ratio | 0.40% | 0.03%Best |
| AUM | $296M | $997.4B |
| Dividend Yield | 0.88% | 1.04% |
| Holdings | 49 | 509 |
| YTD Return | -8.14% | +12.37%Best |
| 1Y Return | -9.54% | +16.61%Best |
| 3Y Return (annualized) | +7.36% | +21.37%Best |
| 5Y Return (annualized) | +2.62% | +13.49%Best |
| Volatility (annualized) | 19.7% | 14.1%Best |
| Max Drawdown | -48.5% | -34.3%Best |
| $10,000 over 5 years | $11,380 | $18,827Best |
| Top 10 Weight | 26.6%Best | 37.6% |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Blend |
| Inception | Nov 1, 2006 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 18, 2026 (16 years).
RSPD vs VOO 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 16 years both funds cover.
RSPD vs VOO Performance
Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD) is an ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year RSPD returned -9.54% while VOO returned +16.61%. Year to date, RSPD is down 8.14% versus a gain of 12.37% for VOO.
Over three years, RSPD compounded at +7.36% per year against +21.37% for VOO; over five years the annualized figures are +2.62% and +13.49% respectively. Across the full 16-year window we track, VOO has the edge at +13.39% annualized vs +9.51%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RSPD has been the more volatile fund, with annualized monthly volatility of 19.7% compared with 14.1% for VOO. 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 -48.5% for RSPD and -34.3% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
RSPD charges 0.40% per year while VOO charges 0.03%. On a $10,000 position that is $40 vs $3 annually, a gap of $37 per year that compounds over a long holding period. On income, RSPD currently yields 0.88% against 1.04% for VOO.
Holdings Overlap
97.8% of RSPD's money is in holdings VOO also owns. 9.3% of VOO's money is in holdings RSPD also owns.
Most of RSPD is already inside VOO. Owning both mostly buys the same companies twice.
46 positions in common, counted across the 48 positions we hold weights for in RSPD and 494 in VOO, against full books of 49 and 509.
What only one of them owns
Measured across the 48 and 494 positions we hold weights for.
VOO holds 441 positions RSPD does not, 89.8% of the fund.
Largest: NVDA 7.55%, AAPL 7.05%, MSFT 5.36%, GOOGL 3.24%, AVGO 2.86%
Top Shared Holdings
| Stock | Weight in RSPD | Weight in VOO | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 2.25% | 4.13% | 1.88% |
| TSLATesla Inc | 1.99% | 1.36% | 0.63% |
| DASHDoordash Inc - A | 3.16% | 0.12% | 3.04% |
| EXPEExpedia Group Inc (consumer Discretionary) | 2.98% | 0.05% | 2.93% |
| ABNBAirbnb Inc | 2.92% | 0.10% | 2.82% |
| GPCGenuine Parts Co. | 2.84% | 0.03% | 2.81% |
| BKNGBooking Holdings, Inc. | 2.55% | 0.23% | 2.32% |
| CMGChipotle Mexican Grill Inc. Class A | 2.57% | 0.07% | 2.50% |
| HDHome Depot Inc/The | 2.12% | 0.51% | 1.61% |
| GRMNGarminltd. | 2.52% | 0.07% | 2.45% |
97.8% of RSPD is already inside VOO.
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, RSPD or VOO?
RSPD has an expense ratio of 0.40% while VOO charges 0.03%. VOO is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, RSPD or VOO?
Over the past year RSPD returned -9.54% vs +16.61% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), RSPD annualized +9.51% vs +13.39% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RSPD or VOO?
RSPD has been the more volatile fund at 19.7% annualized versus 14.1% for VOO. Worst drawdown: RSPD -48.5% vs VOO -34.3%.
Should I hold both RSPD and VOO?
RSPD and VOO have a monthly-return correlation of 0.87, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between RSPD and VOO?
97.8% of RSPD's money is in holdings VOO also owns. 9.3% of VOO's is in holdings RSPD also owns. They hold 46 positions in common, counted across the 48 positions we hold weights for in RSPD and 494 in VOO.
Which pays a higher dividend, RSPD or VOO?
RSPD yields 0.88% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than RSPD?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. RSPD is less concentrated, with 26.6% of the fund in its ten largest positions against 37.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.