RSP vs VTI

Quick Verdict

VTI has a lower expense ratio. VTI delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.

Lower Fees: VTIHigher Returns: VTIMore Diversified: VTI

Side-by-Side Comparison

MetricRSPVTIWinner
Expense Ratio0.20%0.03%
AUM$97.4B$663.5B
Dividend Yield1.51%1.07%
Holdings5103,543
YTD Return+12.40%+10.14%
1Y Return+19.03%+19.82%
3Y Return (annualized)+13.43%+18.94%
5Y Return (annualized)+8.85%+11.79%
Volatility (annualized)16.6%15.4%
Max Drawdown-60.9%-56.6%
Fund FamilyInvesco (US)Vanguard (US)
CategoryEquityEquity
InceptionApr 24, 2003May 24, 2001

RSP vs VTI Performance

Invesco S&P 500 Equal Weight ETF (RSP) is a ETF from Invesco (US) and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year RSP returned +19.03% while VTI returned +19.82%. Year to date, RSP is up 12.40% versus a gain of 10.14% for VTI.

Over three years, RSP compounded at +13.43% per year against +18.94% for VTI; over five years the annualized figures are +8.85% and +11.79% respectively. Across the full 23-year window we track, RSP has the edge at +10.00% annualized vs +7.99%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

RSP has been the more volatile fund, with annualized monthly volatility of 16.6% compared with 15.4% for VTI. 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 -60.9% for RSP and -56.6% for VTI. 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 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

RSP charges 0.20% per year while VTI charges 0.03%. On a $10,000 position that is $20 vs $3 annually, a gap of $17 per year that compounds over a long holding period. On income, RSP currently yields 1.51% against 1.07% for VTI.

Holdings Overlap

33.8%overlap

RSP and VTI share 395 holdings out of 2821 unique holdings combined, representing a 33.8% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in RSPWeight in VTIDifference
NVDA0.19%6.32%6.13%
AAPL0.19%5.84%5.65%
MSFT0.18%3.81%3.63%
GOOGLProProPro
AVGOProProPro
GOOGProProPro
MUProProPro
METAProProPro
TSLAProProPro
LLYProProPro
See all 10 holdings RSP shares with VTI
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, RSP or VTI?

RSP has an expense ratio of 0.20% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $17 per year of difference.

Which performed better, RSP or VTI?

Over the past year RSP returned +19.03% vs +19.82% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (23 years), RSP annualized +10.00% vs +7.99% for VTI. Past performance does not guarantee future results.

Which is riskier, RSP or VTI?

RSP has been the more volatile fund at 16.6% annualized versus 15.4% for VTI. Worst drawdown: RSP -60.9% vs VTI -56.6%.

Should I hold both RSP and VTI?

RSP and VTI have a monthly-return correlation of 0.96, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

What is the holdings overlap between RSP and VTI?

RSP and VTI share 395 common holdings with a 33.8% weight overlap. Combined, they hold 2821 unique securities.

Which pays a higher dividend, RSP or VTI?

RSP yields 1.51% while VTI yields 1.07%, so RSP currently pays the higher dividend yield.

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