RSPM vs VOO
Invesco S&P 500 Equal Weight Materials ETF vs Vanguard S&P 500 ETF
Which is better, RSPM or VOO?
Each has led over a different period.
VOO has a lower expense ratio. RSPM led over 1Y, VOO over 3Y, 5Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 43.9%.
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 | RSPM | VOO |
|---|---|---|
| Expense Ratio | 0.40% | 0.03%Best |
| AUM | $188M | $997.4B |
| Dividend Yield | 1.73% | 1.04% |
| Holdings | 28 | 509 |
| YTD Return | +13.71%Best | +11.55% |
| 1Y Return | +20.39%Best | +17.54% |
| 3Y Return (annualized) | +8.88% | +20.71%Best |
| 5Y Return (annualized) | +5.09% | +12.80%Best |
| Volatility (annualized) | 19.0% | 14.1%Best |
| Max Drawdown | -41.3% | -34.3%Best |
| $10,000 over 5 years | $12,818 | $18,262Best |
| Top 10 Weight | 43.9% | 36.4%Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large 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 10, 2026 (16 years).
RSPM 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.
RSPM vs VOO Performance
Invesco S&P 500 Equal Weight Materials ETF (RSPM) is an ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year RSPM returned +20.39% while VOO returned +17.54%. Year to date, RSPM is up 13.71% versus a gain of 11.55% for VOO.
Over three years, RSPM compounded at +8.88% per year against +20.71% for VOO; over five years the annualized figures are +5.09% and +12.80% respectively. Across the full 16-year window we track, VOO has the edge at +13.35% annualized vs +9.01%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RSPM has been the more volatile fund, with annualized monthly volatility of 19.0% 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 -41.3% for RSPM 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
RSPM 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, RSPM currently yields 1.73% against 1.04% for VOO.
Holdings Overlap
91.7% of RSPM's money is in holdings VOO also owns. 1.6% of VOO's money is in holdings RSPM also owns.
Most of RSPM is already inside VOO. Owning both mostly buys the same companies twice.
23 positions in common, counted across the 26 positions we hold weights for in RSPM and 505 in VOO, against full books of 28 and 509.
What only one of them owns
Our book lists 472 positions for VOO that do not appear in our book for RSPM (97.8% of the fund), and 1 for RSPM that do not appear in VOO (4.7%).
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 RSPM | Weight in VOO | Difference |
|---|---|---|---|
| IPInternational Paper Co. | 4.94% | 0.03% | 4.91% |
| AMCRAmcor Plc Ordinary Shares | 4.59% | 0.03% | 4.56% |
| SHWSherwin Williams Co/the | 4.42% | 0.12% | 4.30% |
| PKGPackaging Corp. Of America | 4.38% | 0.03% | 4.35% |
| BALLBall Corp. | 4.33% | 0.03% | 4.30% |
| MOSMosaic Co. | 4.26% | 0.01% | 4.25% |
| ECLEcolab, Inc. | 4.10% | 0.11% | 3.99% |
| FCXFreeport-McMoran Copper & Gold Inc | 4.03% | 0.14% | 3.89% |
| NUENucor Corp. | 4.07% | 0.08% | 3.99% |
| AVYAvery Dennison Corp. | 4.13% | 0.02% | 4.11% |
91.7% of RSPM 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, RSPM or VOO?
RSPM 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, RSPM or VOO?
Over the past year RSPM returned +20.39% vs +17.54% for VOO, so RSPM leads on 1-year performance. Over the longest common window we track (16 years), RSPM annualized +9.01% vs +13.35% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RSPM or VOO?
RSPM has been the more volatile fund at 19.0% annualized versus 14.1% for VOO. Worst drawdown: RSPM -41.3% vs VOO -34.3%.
Should I hold both RSPM and VOO?
RSPM and VOO have a monthly-return correlation of 0.81, 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 RSPM and VOO?
91.7% of RSPM's money is in holdings VOO also owns. 1.6% of VOO's is in holdings RSPM also owns. They hold 23 positions in common, counted across the 26 positions we hold weights for in RSPM and 505 in VOO.
Which pays a higher dividend, RSPM or VOO?
RSPM yields 1.73% while VOO yields 1.04%, so RSPM currently pays the higher dividend yield.
Is VOO better than RSPM?
VOO has a lower expense ratio. RSPM led over 1Y, VOO over 3Y, 5Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 43.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.