RSPE vs SCHD
Invesco ESG S&P 500 Equal Weight ETF vs Schwab US Dividend Equity ETF
Which is better, RSPE or SCHD?
Each has led over a different period.
SCHD has a lower expense ratio. RSPE led over 3Y, SCHD over 1Y and the full window. RSPE is less concentrated, with 6.8% of the fund in its ten largest positions against 41.8%.
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 | RSPE | SCHD |
|---|---|---|
| Expense Ratio | 0.20% | 0.06%Best |
| AUM | $73M | $112.1B |
| Dividend Yield | 1.45% | 3.00% |
| Holdings | 186 | 103 |
| YTD Return | +14.30% | +24.59%Best |
| 1Y Return | +21.11% | +28.14%Best |
| 3Y Return (annualized) | +16.26%Best | +15.58% |
| 5Y Return (annualized) | - | +9.90% |
| Volatility (annualized) | 16.4% | 15.0%Best |
| Max Drawdown | -22.9% | -16.9%Best |
| $10,000 over 4.8 years | $14,741 | $15,297Best |
| Top 10 Weight | 6.8%Best | 41.8% |
| Fund Family | Invesco (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Nov 17, 2021 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 4.8 years row, are measured over the window both funds cover: Nov 17, 2021 to Sep 10, 2026 (4.8 years).
RSPE vs SCHD 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 4.8 years both funds cover.
RSPE vs SCHD Performance
Invesco ESG S&P 500 Equal Weight ETF (RSPE) is an ETF from Invesco (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year RSPE returned +21.11% while SCHD returned +28.14%. Year to date, RSPE is up 14.30% versus a gain of 24.59% for SCHD.
Over three years, RSPE compounded at +16.26% per year against +15.58% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RSPE has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 15.0% for SCHD. 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 -22.9% for RSPE and -16.9% for SCHD. 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
RSPE charges 0.20% per year while SCHD charges 0.06%. On a $10,000 position that is $20 vs $6 annually, a gap of $14 per year that compounds over a long holding period. On income, RSPE currently yields 1.45% against 3.00% for SCHD.
Holdings Overlap
8.8% of RSPE's money is in holdings SCHD also owns. 33.4% of SCHD's money is in holdings RSPE also owns.
The two portfolios partly overlap.
16 positions in common, counted across the 185 positions we hold weights for in RSPE and 100 in SCHD, against full books of 186 and 103.
What only one of them owns
Our book lists 83 positions for SCHD that do not appear in our book for RSPE (66.5% of the fund), and 165 for RSPE that do not appear in SCHD (88.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in RSPE | Weight in SCHD | Difference |
|---|---|---|---|
| MRKMerck & Co. Inc. | 0.56% | 4.77% | 4.21% |
| ABTAbbott Laboratories | 0.61% | 4.69% | 4.08% |
| HDHome Depot Inc/The | 0.56% | 3.88% | 3.32% |
| PEPPepsico Inc. | 0.50% | 3.64% | 3.14% |
| BMYBristol-Myers Squibb Co. | 0.61% | 3.33% | 2.72% |
| ACNAccenture Plc | 0.52% | 2.84% | 2.32% |
| QCOMQualcomm Inc. | 0.44% | 2.52% | 2.08% |
| TGTTarget Corp. | 0.60% | 1.78% | 1.18% |
| FFord Motor Co. | 0.51% | 1.33% | 0.82% |
| FITBFifth Third Bancorp | 0.57% | 1.19% | 0.62% |
33.4% of SCHD is already inside RSPE.
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, RSPE or SCHD?
RSPE has an expense ratio of 0.20% while SCHD charges 0.06%. SCHD is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, RSPE or SCHD?
Over the past year RSPE returned +21.11% vs +28.14% for SCHD, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RSPE or SCHD?
RSPE has been the more volatile fund at 16.4% annualized versus 15.0% for SCHD. Worst drawdown: RSPE -22.9% vs SCHD -16.9%.
Should I hold both RSPE and SCHD?
RSPE and SCHD 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 RSPE and SCHD?
33.4% of SCHD's money is in holdings RSPE also owns. 33.4% of SCHD's is in holdings RSPE also owns. They hold 16 positions in common, counted across the 185 positions we hold weights for in RSPE and 100 in SCHD.
Which pays a higher dividend, RSPE or SCHD?
RSPE yields 1.45% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than RSPE?
SCHD has a lower expense ratio. RSPE led over 3Y, SCHD over 1Y and the full window. RSPE is less concentrated, with 6.8% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.