RSPF vs VYM
RSPF vs VYM
Invesco S&P 500 Equal Weight Financials ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | RSPF | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.40% | 0.04% | |
| AUM | $309M | $79.0B | |
| Dividend Yield | 1.62% | 2.86% | |
| Holdings | 78 | 568 | |
| YTD Return | +8.70% | +15.20% | |
| 1Y Return | +12.89% | +25.56% | |
| 3Y Return (annualized) | +17.70% | +17.86% | |
| 5Y Return (annualized) | +8.51% | +12.35% | |
| Volatility (annualized) | 23.5% | 14.6% | |
| Max Drawdown | -82.2% | -58.8% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Nov 1, 2006 | Nov 10, 2006 |
RSPF vs VYM Performance
Invesco S&P 500 Equal Weight Financials ETF (RSPF) is a ETF from Invesco (US) and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year RSPF returned +12.89% while VYM returned +25.56%. Year to date, RSPF is up 8.70% versus a gain of 15.20% for VYM.
Over three years, RSPF compounded at +17.70% per year against +17.86% for VYM; over five years the annualized figures are +8.51% and +12.35% respectively. Across the full 20-year window we track, VYM has the edge at +7.05% 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 14.6% for VYM. 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 -58.8% for VYM. 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 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
RSPF charges 0.40% per year while VYM charges 0.04%. On a $10,000 position that is $40 vs $4 annually, a gap of $36 per year that compounds over a long holding period. On income, RSPF currently yields 1.62% against 2.86% for VYM.
Holdings Overlap
RSPF and VYM share 42 holdings out of 592 unique holdings combined, representing a 13.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in RSPF | Weight in VYM | Difference |
|---|---|---|---|
| JPM:US | 1.37% | 3.36% | 1.99% |
| WFC | 1.31% | 1.12% | 0.19% |
| GS | 1.31% | 1.05% | 0.26% |
| C | Pro | Pro | Pro |
| MS | Pro | Pro | Pro |
| PGR | Pro | Pro | Pro |
| BLK | Pro | Pro | Pro |
| CB | Pro | Pro | Pro |
| USB | Pro | Pro | Pro |
| PNC | Pro | Pro | Pro |
See all 10 holdings RSPF shares with VYM 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 VYM?
RSPF has an expense ratio of 0.40% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $36 per year of difference.
Which performed better, RSPF or VYM?
Over the past year RSPF returned +12.89% vs +25.56% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (20 years), RSPF annualized +3.32% vs +7.05% for VYM. Past performance does not guarantee future results.
Which is riskier, RSPF or VYM?
RSPF has been the more volatile fund at 23.5% annualized versus 14.6% for VYM. Worst drawdown: RSPF -82.2% vs VYM -58.8%.
Should I hold both RSPF and VYM?
RSPF and VYM have a monthly-return correlation of 0.86, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between RSPF and VYM?
RSPF and VYM share 42 common holdings with a 13.1% weight overlap. Combined, they hold 592 unique securities.
Which pays a higher dividend, RSPF or VYM?
RSPF yields 1.62% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
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