RSPE vs VYM
Invesco ESG S&P 500 Equal Weight ETF vs Vanguard High Dividend Yield ETF
Which is better, RSPE or VYM?
Each has led over a different period.
VYM has a lower expense ratio. RSPE led over 1Y, VYM over 3Y and the full window. The two have moved almost in lockstep, correlation 0.94. RSPE is less concentrated, with 6.8% of the fund in its ten largest positions against 25.9%.
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 | VYM |
|---|---|---|
| Expense Ratio | 0.20% | 0.04%Best |
| AUM | $73M | $81.6B |
| Dividend Yield | 1.45% | 2.22% |
| Holdings | 186 | 613 |
| YTD Return | +14.30%Best | +13.15% |
| 1Y Return | +21.11%Best | +17.82% |
| 3Y Return (annualized) | +16.26% | +17.99%Best |
| 5Y Return (annualized) | - | +12.16% |
| Volatility (annualized) | 16.4% | 13.7%Best |
| Max Drawdown | -22.9% | -15.8%Best |
| $10,000 over 4.8 years | $14,741 | $16,841Best |
| Top 10 Weight | 6.8%Best | 25.9% |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Nov 17, 2021 | Nov 10, 2006 |
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 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 4.8 years both funds cover.
RSPE vs VYM Performance
Invesco ESG S&P 500 Equal Weight ETF (RSPE) is an ETF from Invesco (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year RSPE returned +21.11% while VYM returned +17.82%. Year to date, RSPE is up 14.30% versus a gain of 13.15% for VYM.
Over three years, RSPE compounded at +16.26% per year against +17.99% for VYM.
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 13.7% 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 -22.9% for RSPE and -15.8% 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 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
RSPE charges 0.20% per year while VYM charges 0.04%. On a $10,000 position that is $20 vs $4 annually, a gap of $16 per year that compounds over a long holding period. On income, RSPE currently yields 1.45% against 2.22% for VYM.
Holdings Overlap
50.5% of RSPE's money is in holdings VYM also owns. 32.9% of VYM's money is in holdings RSPE also owns.
The two portfolios partly overlap.
92 positions in common, counted across the 185 positions we hold weights for in RSPE and 603 in VYM, against full books of 186 and 613.
What only one of them owns
Our book lists 475 positions for VYM that do not appear in our book for RSPE (64.6% of the fund), and 88 for RSPE that do not appear in VYM (47.2%).
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 VYM | Difference |
|---|---|---|---|
| CATCaterpillar, Inc. | 0.53% | 2.01% | 1.48% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.53% | 1.93% | 1.40% |
| ABBVAbbvie Inc. | 0.56% | 1.85% | 1.29% |
| BACBank Of America Corp. | 0.60% | 1.56% | 0.96% |
| HDHome Depot Inc/The | 0.56% | 1.46% | 0.90% |
| MRKMerck & Co. Inc. | 0.56% | 1.32% | 0.76% |
| GSGoldman Sachs Group Inc. | 0.54% | 1.15% | 0.61% |
| IBMInternational Business Machines Corp. | 0.45% | 1.10% | 0.65% |
| LINLinde Plc Ordinary Shares | 0.49% | 0.99% | 0.50% |
| PEPPepsico Inc. | 0.50% | 0.77% | 0.27% |
50.5% of RSPE is already inside VYM.
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 VYM?
RSPE has an expense ratio of 0.20% while VYM charges 0.04%. VYM is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, RSPE or VYM?
Over the past year RSPE returned +21.11% vs +17.82% for VYM, so RSPE leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RSPE or VYM?
RSPE has been the more volatile fund at 16.4% annualized versus 13.7% for VYM. Worst drawdown: RSPE -22.9% vs VYM -15.8%.
Should I hold both RSPE and VYM?
RSPE and VYM have a monthly-return correlation of 0.94, 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 RSPE and VYM?
50.5% of RSPE's money is in holdings VYM also owns. 32.9% of VYM's is in holdings RSPE also owns. They hold 92 positions in common, counted across the 185 positions we hold weights for in RSPE and 603 in VYM.
Which pays a higher dividend, RSPE or VYM?
RSPE yields 1.45% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than RSPE?
VYM has a lower expense ratio. RSPE led over 1Y, VYM over 3Y and the full window. The two have moved almost in lockstep, correlation 0.94. RSPE is less concentrated, with 6.8% of the fund in its ten largest positions against 25.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.