RSP vs VBK
Invesco S&P 500 Equal Weight ETF vs Vanguard Morningstar Small-Cap Growth ETF
Which is better, RSP or VBK?
Large Cap Blend against Small Cap Growth.
VBK has a lower expense ratio. RSP led over 1Y and 5Y, VBK over 3Y and the full window. The two have moved almost in lockstep, correlation 0.92.
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 | RSP | VBK |
|---|---|---|
| Expense Ratio | 0.20% | 0.05%Best |
| AUM | $98.6B | $22.8B |
| Dividend Yield | 1.53% | 0.41% |
| Holdings | 1,533 | 545 |
| YTD Return | +11.29%Best | +8.06% |
| 1Y Return | +14.33%Best | +9.60% |
| 3Y Return (annualized) | +16.05% | +16.63%Best |
| 5Y Return (annualized) | +8.16%Best | +3.34% |
| Volatility (annualized) | 16.6%Best | 19.5% |
| Max Drawdown | -60.9% | -59.4%Best |
| $10,000 over 5 years | $14,802Best | $11,785 |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Small Cap Growth |
| Inception | Apr 24, 2003 | Jan 26, 2004 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jan 30, 2004 to Oct 14, 2026 (22.7 years).
RSP vs VBK 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 22.7 years both funds cover.
RSP vs VBK Performance
Invesco S&P 500 Equal Weight ETF (RSP) is an ETF from Invesco (US) and Vanguard Morningstar Small-Cap Growth ETF (VBK) is an ETF from Vanguard (US). Over the past year RSP returned +14.33% while VBK returned +9.60%. Year to date, RSP is up 11.29% versus a gain of 8.06% for VBK.
Over three years, RSP compounded at +16.05% per year against +16.63% for VBK; over five years the annualized figures are +8.16% and +3.34% respectively. Across the full 23-year window we track, VBK has the edge at +8.92% annualized vs +8.74%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VBK has been the more volatile fund, with annualized monthly volatility of 19.5% compared with 16.6% for RSP. 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 -59.4% for VBK. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. 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 VBK charges 0.05%. On a $10,000 position that is $20 vs $5 annually, a gap of $15 per year that compounds over a long holding period. On income, RSP currently yields 1.53% against 0.41% for VBK.
Holdings Overlap
At least 10.0% of VBK's money is in holdings RSP also owns.
Stated as a floor: for RSP, our book for it covers 93.1% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
VBK and RSP share little of their money.
31 positions in common, counted across the 472 positions we hold weights for in RSP and 542 in VBK, against full books of 1,533 and 545.
Top Shared Holdings
| Stock | Weight in RSP | Weight in VBK | Difference |
|---|---|---|---|
| PSTGPure Storage Inc. Class A | 0.29% | 0.85% | 0.56% |
| INCYIncyte Corp. | 0.19% | 0.61% | 0.42% |
| PTCPtc Inc | 0.23% | 0.52% | 0.29% |
| ILMNIllumina, Inc. | 0.27% | 0.44% | 0.17% |
| NDSNNordson Corp | 0.22% | 0.49% | 0.27% |
| EMEEmcor Group Inc | 0.21% | 0.47% | 0.26% |
| TYLTyler Technologies Inc | 0.19% | 0.45% | 0.26% |
| GDDYGodaddy Inc. Class A | 0.21% | 0.37% | 0.16% |
| GNRCGenerac Holdings, Inc. | 0.24% | 0.32% | 0.08% |
| DECKDeckers Brands | 0.20% | 0.35% | 0.15% |
You are not choosing between two funds in isolation.
Whichever of RSP and VBK you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, RSP or VBK?
RSP has an expense ratio of 0.20% while VBK charges 0.05%. VBK is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, RSP or VBK?
Over the past year RSP returned +14.33% vs +9.60% for VBK, so RSP leads on 1-year performance. Over the longest common window we track (23 years), RSP annualized +8.74% vs +8.92% for VBK. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RSP or VBK?
VBK has been the more volatile fund at 19.5% annualized versus 16.6% for RSP. Worst drawdown: RSP -60.9% vs VBK -59.4%.
Should I hold both RSP and VBK?
RSP and VBK have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between RSP and VBK?
At least 10.0% of VBK's money is in holdings RSP also owns. Our book for RSP is partial, so the real figure is this or higher. They hold 31 positions in common, counted across the 472 positions we hold weights for in RSP and 542 in VBK.
Which pays a higher dividend, RSP or VBK?
RSP yields 1.53% while VBK yields 0.41%, so RSP currently pays the higher dividend yield.
Is VBK better than RSP?
VBK has a lower expense ratio. RSP led over 1Y and 5Y, VBK over 3Y and the full window. The two have moved almost in lockstep, correlation 0.92. Which one suits a particular account depends on what it is for. This is information, not a recommendation.