RSPF vs VOO
RSPF vs VOO
Invesco S&P 500 Equal Weight Financials ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | RSPF | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.40% | 0.03% | |
| AUM | $309M | $979.0B | |
| Dividend Yield | 1.62% | 1.09% | |
| Holdings | 78 | 509 | |
| YTD Return | +8.48% | +13.80% | |
| 1Y Return | +13.91% | +23.71% | |
| 3Y Return (annualized) | +17.98% | +21.50% | |
| 5Y Return (annualized) | +8.47% | +13.44% | |
| Volatility (annualized) | 23.5% | 14.1% | |
| Max Drawdown | -82.2% | -34.3% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Nov 1, 2006 | Sep 7, 2010 |
RSPF vs VOO Performance
Invesco S&P 500 Equal Weight Financials ETF (RSPF) is a ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year RSPF returned +13.91% while VOO returned +23.71%. Year to date, RSPF is up 8.48% versus a gain of 13.80% for VOO.
Over three years, RSPF compounded at +17.98% per year against +21.50% for VOO; over five years the annualized figures are +8.47% and +13.44% respectively. Across the full 16-year window we track, VOO has the edge at +13.58% annualized vs +3.31%. 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 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 -82.2% for RSPF and -34.3% for VOO. 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
RSPF 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, RSPF currently yields 1.62% against 1.09% for VOO.
Holdings Overlap
RSPF and VOO share 73 holdings out of 508 unique holdings combined, representing a 9.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in RSPF | Weight in VOO | Difference |
|---|---|---|---|
| JPM:US | 1.37% | 1.26% | 0.11% |
| V | 1.36% | 0.87% | 0.49% |
| MA | 1.34% | 0.64% | 0.70% |
| GS | Pro | Pro | Pro |
| C | Pro | Pro | Pro |
| MS | Pro | Pro | Pro |
| WFC | Pro | Pro | Pro |
| AXP | Pro | Pro | Pro |
| COF | Pro | Pro | Pro |
| HOOD | Pro | Pro | Pro |
See all 10 holdings RSPF shares with VOO 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, RSPF or VOO?
RSPF has an expense ratio of 0.40% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $37 per year of difference.
Which performed better, RSPF or VOO?
Over the past year RSPF returned +13.91% vs +23.71% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), RSPF annualized +3.31% vs +13.58% for VOO. Past performance does not guarantee future results.
Which is riskier, RSPF or VOO?
RSPF has been the more volatile fund at 23.5% annualized versus 14.1% for VOO. Worst drawdown: RSPF -82.2% vs VOO -34.3%.
Should I hold both RSPF and VOO?
RSPF and VOO have a monthly-return correlation of 0.76, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between RSPF and VOO?
RSPF and VOO share 73 common holdings with a 9.4% weight overlap. Combined, they hold 508 unique securities.
Which pays a higher dividend, RSPF or VOO?
RSPF yields 1.62% while VOO yields 1.09%, so RSPF currently pays the higher dividend yield.
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