RSPN vs VOO
Invesco S&P 500 Equal Weight Industrials ETF vs Vanguard S&P 500 ETF
Which is better, RSPN or VOO?
VOO has been ahead.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. RSPN is less concentrated, with 14.1% of the fund in its ten largest positions against 36.4%.
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 | RSPN | VOO |
|---|---|---|
| Expense Ratio | 0.40% | 0.03%Best |
| AUM | $1.0B | $997.4B |
| Dividend Yield | 0.85% | 1.04% |
| Holdings | 83 | 509 |
| YTD Return | +3.86% | +11.55%Best |
| 1Y Return | +7.63% | +17.54%Best |
| 3Y Return (annualized) | +15.16% | +20.71%Best |
| 5Y Return (annualized) | +10.38% | +12.80%Best |
| Volatility (annualized) | 17.6% | 14.1%Best |
| Max Drawdown | -42.4% | -34.3%Best |
| $10,000 over 5 years | $16,385 | $18,262Best |
| Top 10 Weight | 14.1%Best | 36.4% |
| 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).
RSPN 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.
RSPN vs VOO Performance
Invesco S&P 500 Equal Weight Industrials ETF (RSPN) is an ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year RSPN returned +7.63% while VOO returned +17.54%. Year to date, RSPN is up 3.86% versus a gain of 11.55% for VOO.
Over three years, RSPN compounded at +15.16% per year against +20.71% for VOO; over five years the annualized figures are +10.38% and +12.80% respectively. Across the full 16-year window we track, VOO has the edge at +13.35% annualized vs +12.69%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RSPN has been the more volatile fund, with annualized monthly volatility of 17.6% 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 -42.4% for RSPN 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 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
RSPN 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, RSPN currently yields 0.85% against 1.04% for VOO.
Holdings Overlap
98.5% of RSPN's money is in holdings VOO also owns. 8.9% of VOO's money is in holdings RSPN also owns.
Most of RSPN is already inside VOO. Owning both mostly buys the same companies twice.
81 positions in common, counted across the 83 positions we hold weights for in RSPN and 505 in VOO, against full books of 83 and 509.
What only one of them owns
Our book lists 415 positions for VOO that do not appear in our book for RSPN (90.5% of the fund), and 1 for RSPN that do not appear in VOO (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 RSPN | Weight in VOO | Difference |
|---|---|---|---|
| GEGeneral Electric Co. | 1.33% | 0.60% | 0.73% |
| CATCaterpillar, Inc. | 1.15% | 0.76% | 0.39% |
| GEVGE Vernova Inc. CDR (CAD Hedged) | 1.32% | 0.49% | 0.83% |
| RTXRaytheon Technologies Corp | 1.38% | 0.40% | 0.98% |
| AXONAxon Enterprise Inc | 1.53% | 0.07% | 1.46% |
| ETNEaton Corp. Plc | 1.33% | 0.26% | 1.07% |
| BABoeing Co | 1.28% | 0.26% | 1.02% |
| UALUnited Airlines Holdings Inc. | 1.45% | 0.07% | 1.38% |
| SWKStanley Black & Decker Inc. | 1.49% | 0.02% | 1.47% |
| UNPUnion Pacific Corp | 1.25% | 0.25% | 1.00% |
98.5% of RSPN 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, RSPN or VOO?
RSPN 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, RSPN or VOO?
Over the past year RSPN returned +7.63% vs +17.54% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), RSPN annualized +12.69% vs +13.35% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RSPN or VOO?
RSPN has been the more volatile fund at 17.6% annualized versus 14.1% for VOO. Worst drawdown: RSPN -42.4% vs VOO -34.3%.
Should I hold both RSPN and VOO?
RSPN and VOO have a monthly-return correlation of 0.89, 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 RSPN and VOO?
98.5% of RSPN's money is in holdings VOO also owns. 8.9% of VOO's is in holdings RSPN also owns. They hold 81 positions in common, counted across the 83 positions we hold weights for in RSPN and 505 in VOO.
Which pays a higher dividend, RSPN or VOO?
RSPN yields 0.85% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than RSPN?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. RSPN is less concentrated, with 14.1% of the fund in its ten largest positions against 36.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.