RSPG vs SPY
Invesco S&P 500 Equal Weight Energy ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, RSPG or SPY?
Each has led over a different period.
SPY has a lower expense ratio. RSPG led over 1Y and 5Y, SPY over 3Y and the full window. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 48.2%.
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 | RSPG | SPY |
|---|---|---|
| Expense Ratio | 0.40% | 0.09%Best |
| AUM | $642M | $804.7B |
| Dividend Yield | 1.82% | 0.98% |
| Holdings | 24 | 505 |
| YTD Return | +44.28%Best | +12.47% |
| 1Y Return | +51.78%Best | +17.51% |
| 3Y Return (annualized) | +15.90% | +21.18%Best |
| 5Y Return (annualized) | +26.26%Best | +12.88% |
| Volatility (annualized) | 31.1% | 15.4%Best |
| Max Drawdown | -82.1% | -56.5%Best |
| $10,000 over 5 years | $32,087Best | $18,327 |
| Top 10 Weight | 48.2% | 38.0%Best |
| Fund Family | Invesco (US) | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 1, 2006 | Jan 22, 1993 |
Volatility and max drawdown are measured over the window both funds cover: Nov 7, 2006 to Sep 11, 2026 (19.8 years).
RSPG vs SPY 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 19.8 years both funds cover.
RSPG vs SPY Performance
Invesco S&P 500 Equal Weight Energy ETF (RSPG) is an ETF from Invesco (US) and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year RSPG returned +51.78% while SPY returned +17.51%. Year to date, RSPG is up 44.28% versus a gain of 12.47% for SPY.
Over three years, RSPG compounded at +15.90% per year against +21.18% for SPY; over five years the annualized figures are +26.26% and +12.88% respectively. Across the full 20-year window we track, SPY has the edge at +9.39% annualized vs +5.21%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RSPG has been the more volatile fund, with annualized monthly volatility of 31.1% compared with 15.4% for SPY. 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 -82.1% for RSPG and -56.5% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.62. They move together some of the time, and apart the rest.
Fees and Cost Over Time
RSPG charges 0.40% per year while SPY charges 0.09%. On a $10,000 position that is $40 vs $9 annually, a gap of $31 per year that compounds over a long holding period. On income, RSPG currently yields 1.82% against 0.98% for SPY.
Holdings Overlap
95.5% of RSPG's money is in holdings SPY also owns. 3.2% of SPY's money is in holdings RSPG also owns.
Most of RSPG is already inside SPY. Owning both mostly buys the same companies twice.
21 positions in common, counted across the 23 positions we hold weights for in RSPG and 504 in SPY, against full books of 24 and 505.
What only one of them owns
Our book lists 474 positions for SPY that do not appear in our book for RSPG (96.4% of the fund), and 1 for RSPG that do not appear in SPY (0.0%).
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 RSPG | Weight in SPY | Difference |
|---|---|---|---|
| XOMExxon Mobil Corp. | 4.62% | 0.96% | 3.66% |
| VLOValero Energy Corp. | 5.43% | 0.14% | 5.29% |
| MPCMarathon Petroleum Corp. | 5.36% | 0.14% | 5.22% |
| PSXPhillips 66 | 5.12% | 0.12% | 5.00% |
| CVXChevron Corp. | 4.53% | 0.54% | 3.99% |
| TPLTexas Pacific Land Trust | 4.76% | 0.03% | 4.73% |
| CHKChesapeake Energy Corp | 4.75% | 0.03% | 4.72% |
| EOGEog Resources Inc | 4.62% | 0.11% | 4.51% |
| COPConocophillips Co | 4.44% | 0.22% | 4.22% |
| WMBWilliams Cos. Inc. | 4.47% | 0.13% | 4.34% |
95.5% of RSPG is already inside SPY.
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, RSPG or SPY?
RSPG has an expense ratio of 0.40% while SPY charges 0.09%. SPY is the cheaper option, by $31 a year on a $10,000 investment.
Which performed better, RSPG or SPY?
Over the past year RSPG returned +51.78% vs +17.51% for SPY, so RSPG leads on 1-year performance. Over the longest common window we track (20 years), RSPG annualized +5.21% vs +9.39% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RSPG or SPY?
RSPG has been the more volatile fund at 31.1% annualized versus 15.4% for SPY. Worst drawdown: RSPG -82.1% vs SPY -56.5%.
Should I hold both RSPG and SPY?
RSPG and SPY have a monthly-return correlation of 0.62, 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 RSPG and SPY?
95.5% of RSPG's money is in holdings SPY also owns. 3.2% of SPY's is in holdings RSPG also owns. They hold 21 positions in common, counted across the 23 positions we hold weights for in RSPG and 504 in SPY.
Which pays a higher dividend, RSPG or SPY?
RSPG yields 1.82% while SPY yields 0.98%, so RSPG currently pays the higher dividend yield.
Is SPY better than RSPG?
SPY has a lower expense ratio. RSPG led over 1Y and 5Y, SPY over 3Y and the full window. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 48.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.