RSPM vs VYM
Invesco S&P 500 Equal Weight Materials ETF vs Vanguard High Dividend Yield ETF
Which is better, RSPM or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. RSPM led over 1Y and the full window, VYM over 3Y and 5Y. VYM is less concentrated, with 25.9% 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 | VYM |
|---|---|---|
| Expense Ratio | 0.40% | 0.04%Best |
| AUM | $188M | $81.6B |
| Dividend Yield | 1.73% | 2.22% |
| Holdings | 28 | 613 |
| YTD Return | +13.94%Best | +13.91% |
| 1Y Return | +18.35%Best | +17.57% |
| 3Y Return (annualized) | +8.96% | +18.12%Best |
| 5Y Return (annualized) | +5.19% | +12.17%Best |
| Volatility (annualized) | 21.2% | 14.5%Best |
| Max Drawdown | -62.5% | -58.8%Best |
| $10,000 over 5 years | $12,879 | $17,758Best |
| Top 10 Weight | 43.9% | 25.9%Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Nov 1, 2006 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Nov 16, 2006 to Sep 11, 2026 (19.8 years).
RSPM 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 19.8 years both funds cover.
RSPM vs VYM Performance
Invesco S&P 500 Equal Weight Materials ETF (RSPM) is an ETF from Invesco (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year RSPM returned +18.35% while VYM returned +17.57%. Year to date, RSPM is up 13.94% versus a gain of 13.91% for VYM.
Over three years, RSPM compounded at +8.96% per year against +18.12% for VYM; over five years the annualized figures are +5.19% and +12.17% respectively. Across the full 20-year window we track, RSPM has the edge at +7.69% annualized vs +6.95%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RSPM has been the more volatile fund, with annualized monthly volatility of 21.2% compared with 14.5% 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 -62.5% for RSPM and -58.8% 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 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
RSPM 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, RSPM currently yields 1.73% against 2.22% for VYM.
Holdings Overlap
59.6% of RSPM's money is in holdings VYM also owns. 2.7% of VYM's money is in holdings RSPM also owns.
The two portfolios partly overlap.
15 positions in common, counted across the 26 positions we hold weights for in RSPM and 603 in VYM, against full books of 28 and 613.
What only one of them owns
Our book lists 552 positions for VYM that do not appear in our book for RSPM (94.8% of the fund), and 9 for RSPM that do not appear in VYM (36.8%).
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 RSPM | Weight in VYM | Difference |
|---|---|---|---|
| IPInternational Paper Co. | 4.94% | 0.08% | 4.86% |
| AMCRAmcor Plc Ordinary Shares | 4.59% | 0.08% | 4.51% |
| LINLinde Plc Ordinary Shares | 3.54% | 0.99% | 2.55% |
| PKGPackaging Corp. Of America | 4.38% | 0.09% | 4.29% |
| NEMNewmont Corp. | 3.92% | 0.41% | 3.51% |
| MOSMosaic Co. | 4.26% | 0.03% | 4.23% |
| NUENucor Corp. | 4.07% | 0.20% | 3.87% |
| APDAir Products & Chemicals In | 3.98% | 0.27% | 3.71% |
| AVYAvery Dennison Corp. | 4.13% | 0.05% | 4.08% |
| IFFInternational Flavors & Fragrances Inc. | 4.05% | 0.08% | 3.97% |
59.6% of RSPM 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, RSPM or VYM?
RSPM has an expense ratio of 0.40% while VYM charges 0.04%. VYM is the cheaper option, by $36 a year on a $10,000 investment.
Which performed better, RSPM or VYM?
Over the past year RSPM returned +18.35% vs +17.57% for VYM, so RSPM leads on 1-year performance. Over the longest common window we track (20 years), RSPM annualized +7.69% vs +6.95% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RSPM or VYM?
RSPM has been the more volatile fund at 21.2% annualized versus 14.5% for VYM. Worst drawdown: RSPM -62.5% vs VYM -58.8%.
Should I hold both RSPM and VYM?
RSPM and VYM have a monthly-return correlation of 0.86, 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 VYM?
59.6% of RSPM's money is in holdings VYM also owns. 2.7% of VYM's is in holdings RSPM also owns. They hold 15 positions in common, counted across the 26 positions we hold weights for in RSPM and 603 in VYM.
Which pays a higher dividend, RSPM or VYM?
RSPM yields 1.73% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than RSPM?
VYM has a lower expense ratio. RSPM led over 1Y and the full window, VYM over 3Y and 5Y. VYM is less concentrated, with 25.9% 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.