IVV vs RSPF
IVV vs RSPF
iShares Core S&P 500 ETF vs Invesco S&P 500 Equal Weight Financials ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | RSPF | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.40% | |
| AUM | $865.2B | $309M | |
| Dividend Yield | 1.09% | 1.62% | |
| Holdings | 508 | 78 | |
| YTD Return | +13.13% | +8.70% | |
| 1Y Return | +22.90% | +12.89% | |
| 3Y Return (annualized) | +21.08% | +17.70% | |
| 5Y Return (annualized) | +13.27% | +8.51% | |
| Volatility (annualized) | 15.1% | 23.5% | |
| Max Drawdown | -56.5% | -82.2% | |
| Fund Family | iShares by BlackRock (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Nov 1, 2006 |
IVV vs RSPF Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Invesco S&P 500 Equal Weight Financials ETF (RSPF) is a ETF from Invesco (US). Over the past year IVV returned +22.90% while RSPF returned +12.89%. Year to date, IVV is up 13.13% versus a gain of 8.70% for RSPF.
Over three years, IVV compounded at +21.08% per year against +17.70% for RSPF; over five years the annualized figures are +13.27% and +8.51% respectively. Across the full 20-year window we track, IVV has the edge at +7.02% annualized vs +3.32%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RSPF has been the more volatile fund, with annualized monthly volatility of 23.5% compared with 15.1% for IVV. 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 -56.5% for IVV and -82.2% for RSPF. 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while RSPF charges 0.40%. On a $10,000 position that is $3 vs $40 annually, a gap of $37 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 1.62% for RSPF.
Holdings Overlap
IVV and RSPF share 73 holdings out of 508 unique holdings combined, representing a 10.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in RSPF | Difference |
|---|---|---|---|
| JPM:US | 1.43% | 1.37% | 0.06% |
| V | 0.91% | 1.36% | 0.45% |
| MA | 0.67% | 1.34% | 0.67% |
| GS | Pro | Pro | Pro |
| WFC | Pro | Pro | Pro |
| MS | Pro | Pro | Pro |
| C | Pro | Pro | Pro |
| AXP | Pro | Pro | Pro |
| COF | Pro | Pro | Pro |
| HOOD | Pro | Pro | Pro |
See all 10 holdings IVV shares with RSPF Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, IVV or RSPF?
IVV has an expense ratio of 0.03% while RSPF charges 0.40%. IVV is the cheaper option. On a $10,000 investment, that is $37 per year of difference.
Which performed better, IVV or RSPF?
Over the past year IVV returned +22.90% vs +12.89% for RSPF, so IVV leads on 1-year performance. Over the longest common window we track (20 years), IVV annualized +7.02% vs +3.32% for RSPF. Past performance does not guarantee future results.
Which is riskier, IVV or RSPF?
RSPF has been the more volatile fund at 23.5% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs RSPF -82.2%.
Should I hold both IVV and RSPF?
IVV and RSPF have a monthly-return correlation of 0.81, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and RSPF?
IVV and RSPF share 73 common holdings with a 10.1% weight overlap. Combined, they hold 508 unique securities.
Which pays a higher dividend, IVV or RSPF?
IVV yields 1.09% while RSPF yields 1.62%, so RSPF currently pays the higher dividend yield.
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