RSPT vs SPY
Invesco S&P 500 Equal Weight Technology ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, RSPT or SPY?
RSPT has been ahead.
SPY has a lower expense ratio. RSPT led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.91. RSPT is less concentrated, with 18.2% of the fund in its ten largest positions against 37.8%.
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 | RSPT | SPY |
|---|---|---|
| Expense Ratio | 0.40% | 0.09%Best |
| AUM | $5.8B | $804.7B |
| Dividend Yield | 0.25% | 0.98% |
| Holdings | 75 | 505 |
| YTD Return | +41.65%Best | +12.09% |
| 1Y Return | +46.91%Best | +16.29% |
| 3Y Return (annualized) | +31.62%Best | +21.20% |
| 5Y Return (annualized) | +17.81%Best | +13.37% |
| Volatility (annualized) | 20.9% | 15.4%Best |
| Max Drawdown | -59.0% | -56.5%Best |
| $10,000 over 5 years | $22,694Best | $18,728 |
| Top 10 Weight | 18.2%Best | 37.8% |
| 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 18, 2026 (19.9 years).
RSPT 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 19.9 years both funds cover.
RSPT vs SPY Performance
Invesco S&P 500 Equal Weight Technology ETF (RSPT) 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 RSPT returned +46.91% while SPY returned +16.29%. Year to date, RSPT is up 41.65% versus a gain of 12.09% for SPY.
Over three years, RSPT compounded at +31.62% per year against +21.20% for SPY; over five years the annualized figures are +17.81% and +13.37% respectively. Across the full 20-year window we track, RSPT has the edge at +14.05% annualized vs +9.36%.
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 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 -59.0% for RSPT 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 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
RSPT 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, RSPT currently yields 0.25% against 0.98% for SPY.
Holdings Overlap
98.5% of RSPT's money is in holdings SPY also owns. 37.5% of SPY's money is in holdings RSPT also owns.
Most of RSPT is already inside SPY. Owning both mostly buys the same companies twice.
72 positions in common, counted across the 74 positions we hold weights for in RSPT and 504 in SPY, against full books of 75 and 505.
What only one of them owns
Measured across the 74 and 504 positions we hold weights for.
SPY holds 425 positions RSPT does not, 61.8% of the fund.
Largest: AMZN 3.79%, GOOGL 2.99%, GOOG 2.39%, META 1.93%, TSLA 1.52%
Top Shared Holdings
| Stock | Weight in RSPT | Weight in SPY | Difference |
|---|---|---|---|
| NVDANvidia Corp | 1.42% | 8.01% | 6.59% |
| AAPLApple, Inc | 1.40% | 7.26% | 5.86% |
| MSFTMicrosoft Corp | 1.64% | 5.66% | 4.02% |
| AVGOBroadcom Inc | 1.28% | 2.66% | 1.38% |
| MUMicron Technology, Inc. | 1.38% | 1.60% | 0.22% |
| AMDAdvanced Micro Devices Inc | 1.34% | 1.14% | 0.20% |
| PLTRPalantir Technologies Inc | 1.84% | 0.63% | 1.21% |
| PANWPalo Alto Networks, Inc | 1.87% | 0.45% | 1.42% |
| CRMSalesforce Inc Crm Us Equity | 1.94% | 0.32% | 1.62% |
| CRWDCrowdstrike Holdings Inc | 1.83% | 0.33% | 1.50% |
98.5% of RSPT 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, RSPT or SPY?
RSPT 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, RSPT or SPY?
Over the past year RSPT returned +46.91% vs +16.29% for SPY, so RSPT leads on 1-year performance. Over the longest common window we track (20 years), RSPT annualized +14.05% vs +9.36% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RSPT or SPY?
RSPT has been the more volatile fund at 20.9% annualized versus 15.4% for SPY. Worst drawdown: RSPT -59.0% vs SPY -56.5%.
Should I hold both RSPT and SPY?
RSPT and SPY have a monthly-return correlation of 0.91, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between RSPT and SPY?
98.5% of RSPT's money is in holdings SPY also owns. 37.5% of SPY's is in holdings RSPT also owns. They hold 72 positions in common, counted across the 74 positions we hold weights for in RSPT and 504 in SPY.
Which pays a higher dividend, RSPT or SPY?
RSPT yields 0.25% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than RSPT?
SPY has a lower expense ratio. RSPT led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.91. RSPT is less concentrated, with 18.2% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.