IVV vs RSPD
iShares Core S&P 500 ETF vs Invesco S&P 500 Equal Weight Consumer Discretionary ETF
Which is better, IVV or RSPD?
Large Cap Blend against Mid Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. RSPD is less concentrated, with 23.3% of the fund in its ten largest positions against 38.9%.
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 | IVV | RSPD |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.40% |
| AUM | $896.5B | $374M |
| Dividend Yield | 1.10% | 0.99% |
| Holdings | 508 | 101 |
| YTD Return | +13.59%Best | -7.70% |
| 1Y Return | +17.54%Best | -5.94% |
| 3Y Return (annualized) | +22.46%Best | +9.57% |
| 5Y Return (annualized) | +13.28%Best | +2.01% |
| Volatility (annualized) | 15.4%Best | 22.4% |
| Max Drawdown | -56.5%Best | -68.8% |
| $10,000 over 5 years | $18,654Best | $11,046 |
| Top 10 Weight | 38.9% | 23.3%Best |
| Fund Family | iShares by BlackRock (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Blend |
| Inception | May 15, 2000 | Nov 1, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Nov 7, 2006 to Oct 14, 2026 (19.9 years).
IVV vs RSPD 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.
IVV vs RSPD Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD) is an ETF from Invesco (US). Over the past year IVV returned +17.54% while RSPD returned -5.94%. Year to date, IVV is up 13.59% versus a loss of 7.70% for RSPD.
Over three years, IVV compounded at +22.46% per year against +9.57% for RSPD; over five years the annualized figures are +13.28% and +2.01% respectively. Across the full 20-year window we track, IVV has the edge at +9.43% annualized vs +6.73%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RSPD has been the more volatile fund, with annualized monthly volatility of 22.4% compared with 15.4% 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 -68.8% for RSPD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while RSPD 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 1.10% against 0.99% for RSPD.
Holdings Overlap
8.4% of IVV's money is in holdings RSPD also owns. 95.5% of RSPD's money is in holdings IVV also owns.
Most of RSPD is already inside IVV. Owning both mostly buys the same companies twice.
45 positions in common, counted across the 506 positions we hold weights for in IVV and 47 in RSPD, against full books of 508 and 101.
What only one of them owns
Our book lists 2 positions for RSPD that do not appear in our book for IVV (4.5% of the fund), and 456 for IVV that do not appear in RSPD (91.1%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in IVV | Weight in RSPD | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 3.68% | 2.19% | 1.49% |
| TSLATesla Inc | 1.51% | 2.21% | 0.70% |
| CCL:BMCarnival Corp Ltd Common Stock Usd.01 | 0.05% | 2.49% | 2.44% |
| TJXTjx Cos., Inc. | 0.22% | 2.31% | 2.09% |
| MARMarriott International, Inc. | 0.11% | 2.38% | 2.27% |
| HDHome Depot Inc/The | 0.43% | 2.00% | 1.57% |
| RLRalph Lauren Corp. Class A | 0.02% | 2.39% | 2.37% |
| HLTHilton Worldwide Holdings Inc. | 0.11% | 2.29% | 2.18% |
| ROSTRoss Stores, Inc. | 0.11% | 2.23% | 2.12% |
| GRMNGarminltd. | 0.07% | 2.27% | 2.20% |
95.5% of RSPD is already inside IVV.
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, IVV or RSPD?
IVV has an expense ratio of 0.03% while RSPD charges 0.40%. IVV is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, IVV or RSPD?
Over the past year IVV returned +17.54% vs -5.94% for RSPD, so IVV leads on 1-year performance. Over the longest common window we track (20 years), IVV annualized +9.43% vs +6.73% for RSPD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or RSPD?
RSPD has been the more volatile fund at 22.4% annualized versus 15.4% for IVV. Worst drawdown: IVV -56.5% vs RSPD -68.8%.
Should I hold both IVV and RSPD?
IVV and RSPD have a monthly-return correlation of 0.87, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IVV and RSPD?
95.5% of RSPD's money is in holdings IVV also owns. 95.5% of RSPD's is in holdings IVV also owns. They hold 45 positions in common, counted across the 506 positions we hold weights for in IVV and 47 in RSPD.
Which pays a higher dividend, IVV or RSPD?
IVV yields 1.10% while RSPD yields 0.99%, so IVV currently pays the higher dividend yield.
Is RSPD better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. RSPD is less concentrated, with 23.3% of the fund in its ten largest positions against 38.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.