RSPD vs VYM
Invesco S&P 500 Equal Weight Consumer Discretionary ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | RSPD | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.40% | 0.04% | |
| AUM | $318M | $79.0B | |
| Dividend Yield | 0.88% | 2.86% | |
| Holdings | 50 | 568 | |
| YTD Return | +2.23% | +16.16% | |
| 1Y Return | +6.16% | +26.05% | |
| 3Y Return (annualized) | +9.62% | +18.43% | |
| 5Y Return (annualized) | +3.95% | +12.21% | |
| Volatility (annualized) | 22.4% | 14.6% | |
| Max Drawdown | -68.8% | -58.8% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Nov 1, 2006 | Nov 10, 2006 |
RSPD vs VYM Performance
Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD) is a ETF from Invesco (US) and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year RSPD returned +6.16% while VYM returned +26.05%. Year to date, RSPD is up 2.23% versus a gain of 16.16% for VYM.
Over three years, RSPD compounded at +9.62% per year against +18.43% for VYM; over five years the annualized figures are +3.95% and +12.21% respectively. Across the full 20-year window we track, RSPD has the edge at +7.34% annualized vs +7.09%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RSPD has been the more volatile fund, with annualized monthly volatility of 22.4% compared with 14.6% for VYM. 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 -68.8% for RSPD and -58.8% for VYM. 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 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
RSPD charges 0.40% per year while VYM charges 0.04%. On a $10,000 position that is $40 vs $4 annually, a gap of $36 per year that compounds over a long holding period. On income, RSPD currently yields 0.88% against 2.86% for VYM.
Holdings Overlap
RSPD and VYM share 19 holdings out of 586 unique holdings combined, representing a 5.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, RSPD or VYM?
RSPD has an expense ratio of 0.40% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $36 per year of difference.
Which performed better, RSPD or VYM?
Over the past year RSPD returned +6.16% vs +26.05% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (20 years), RSPD annualized +7.34% vs +7.09% for VYM. Past performance does not guarantee future results.
Which is riskier, RSPD or VYM?
RSPD has been the more volatile fund at 22.4% annualized versus 14.6% for VYM. Worst drawdown: RSPD -68.8% vs VYM -58.8%.
Should I hold both RSPD and VYM?
RSPD and VYM have a monthly-return correlation of 0.86, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between RSPD and VYM?
RSPD and VYM share 19 common holdings with a 5.9% weight overlap. Combined, they hold 586 unique securities.
Which pays a higher dividend, RSPD or VYM?
RSPD yields 0.88% while VYM yields 2.86%, so VYM 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.