RSPT vs SCHD
Invesco S&P 500 Equal Weight Technology ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. RSPT delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | RSPT | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.40% | 0.06% | |
| AUM | $5.4B | $103.7B | |
| Dividend Yield | 0.25% | 3.31% | |
| Holdings | 52 | 104 | |
| YTD Return | +41.34% | +25.62% | |
| 1Y Return | +59.71% | +32.62% | |
| 3Y Return (annualized) | +30.85% | +15.58% | |
| 5Y Return (annualized) | +17.20% | +9.63% | |
| Volatility (annualized) | 20.9% | 13.6% | |
| Max Drawdown | -59.0% | -33.4% | |
| Fund Family | Invesco (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Nov 1, 2006 | Oct 20, 2011 |
RSPT vs SCHD Performance
Invesco S&P 500 Equal Weight Technology ETF (RSPT) is a ETF from Invesco (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year RSPT returned +59.71% while SCHD returned +32.62%. Year to date, RSPT is up 41.34% versus a gain of 25.62% for SCHD.
Over three years, RSPT compounded at +30.85% per year against +15.58% for SCHD; over five years the annualized figures are +17.20% and +9.63% respectively. Across the full 15-year window we track, RSPT has the edge at +14.12% annualized vs +11.47%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RSPT has been the more volatile fund, with annualized monthly volatility of 20.9% compared with 13.6% for SCHD. 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 -59.0% for RSPT and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
RSPT charges 0.40% per year while SCHD charges 0.06%. On a $10,000 position that is $40 vs $6 annually, a gap of $34 per year that compounds over a long holding period. On income, RSPT currently yields 0.25% against 3.31% for SCHD.
Holdings Overlap
RSPT and SCHD share 4 holdings out of 169 unique holdings combined, representing a 4.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, RSPT or SCHD?
RSPT has an expense ratio of 0.40% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $34 per year of difference.
Which performed better, RSPT or SCHD?
Over the past year RSPT returned +59.71% vs +32.62% for SCHD, so RSPT leads on 1-year performance. Over the longest common window we track (15 years), RSPT annualized +14.12% vs +11.47% for SCHD. Past performance does not guarantee future results.
Which is riskier, RSPT or SCHD?
RSPT has been the more volatile fund at 20.9% annualized versus 13.6% for SCHD. Worst drawdown: RSPT -59.0% vs SCHD -33.4%.
Should I hold both RSPT and SCHD?
RSPT and SCHD have a monthly-return correlation of 0.71, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between RSPT and SCHD?
RSPT and SCHD share 4 common holdings with a 4.3% weight overlap. Combined, they hold 169 unique securities.
Which pays a higher dividend, RSPT or SCHD?
RSPT yields 0.25% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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