RSPN vs VYM
Invesco S&P 500 Equal Weight Industrials ETF vs Vanguard High Dividend Yield ETF
Which is better, RSPN or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. RSPN led over the full window, VYM over 1Y, 3Y and 5Y. RSPN is less concentrated, with 13.2% of the fund in its ten largest positions against 25.8%.
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 | RSPN | VYM |
|---|---|---|
| Expense Ratio | 0.40% | 0.04%Best |
| AUM | $691M | $78.9B |
| Dividend Yield | 0.93% | 2.37% |
| Holdings | 173 | 608 |
| YTD Return | +2.60% | +11.83%Best |
| 1Y Return | +5.98% | +15.96%Best |
| 3Y Return (annualized) | +15.74% | +18.60%Best |
| 5Y Return (annualized) | +10.09% | +11.51%Best |
| Volatility (annualized) | 19.4% | 14.6%Best |
| Max Drawdown | -61.6% | -58.8%Best |
| $10,000 over 5 years | $16,171 | $17,241Best |
| Top 10 Weight | 13.2%Best | 25.8% |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Nov 1, 2006 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Nov 16, 2006 to Oct 14, 2026 (19.9 years).
RSPN vs VYM 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.
RSPN vs VYM Performance
Invesco S&P 500 Equal Weight Industrials ETF (RSPN) is an ETF from Invesco (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year RSPN returned +5.98% while VYM returned +15.96%. Year to date, RSPN is up 2.60% versus a gain of 11.83% for VYM.
Over three years, RSPN compounded at +15.74% per year against +18.60% for VYM; over five years the annualized figures are +10.09% and +11.51% respectively. Across the full 20-year window we track, RSPN has the edge at +9.45% annualized vs +6.82%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RSPN has been the more volatile fund, with annualized monthly volatility of 19.4% 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 -61.6% for RSPN and -58.8% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
RSPN 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, RSPN currently yields 0.93% against 2.37% for VYM.
Holdings Overlap
49.2% of RSPN's money is in holdings VYM also owns. 10.3% of VYM's money is in holdings RSPN also owns.
The two portfolios partly overlap.
41 positions in common, counted across the 84 positions we hold weights for in RSPN and 602 in VYM, against full books of 173 and 608.
What only one of them owns
Our book lists 532 positions for VYM that do not appear in our book for RSPN (87.6% of the fund), and 43 for RSPN that do not appear in VYM (50.8%).
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 RSPN | Weight in VYM | Difference |
|---|---|---|---|
| CATCaterpillar, Inc. | 1.26% | 1.46% | 0.20% |
| ETNEaton Corp Plc | 1.28% | 0.63% | 0.65% |
| UNPUnion Pacific Corp | 1.19% | 0.72% | 0.47% |
| JCIJohnson Controls International Plc | 1.32% | 0.34% | 0.98% |
| EMREmerson Electric Co. | 1.31% | 0.35% | 0.96% |
| ADPAutomatic Data Processing, Inc. | 1.18% | 0.46% | 0.72% |
| LMTLockheed Martin | 1.18% | 0.46% | 0.72% |
| MMM3m Co. | 1.20% | 0.36% | 0.84% |
| HONHoneywell International Inc | 1.27% | 0.27% | 1.00% |
| ITWIllinois Tool Works Inc. | 1.22% | 0.32% | 0.90% |
49.2% of RSPN is already inside VYM.
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, RSPN or VYM?
RSPN has an expense ratio of 0.40% while VYM charges 0.04%. VYM is the cheaper option, by $36 a year on a $10,000 investment.
Which performed better, RSPN or VYM?
Over the past year RSPN returned +5.98% vs +15.96% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (20 years), RSPN annualized +9.45% vs +6.82% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RSPN or VYM?
RSPN has been the more volatile fund at 19.4% annualized versus 14.6% for VYM. Worst drawdown: RSPN -61.6% vs VYM -58.8%.
Should I hold both RSPN and VYM?
RSPN and VYM have a monthly-return correlation of 0.89, 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 RSPN and VYM?
49.2% of RSPN's money is in holdings VYM also owns. 10.3% of VYM's is in holdings RSPN also owns. They hold 41 positions in common, counted across the 84 positions we hold weights for in RSPN and 602 in VYM.
Which pays a higher dividend, RSPN or VYM?
RSPN yields 0.93% while VYM yields 2.37%, so VYM currently pays the higher dividend yield.
Is VYM better than RSPN?
VYM has a lower expense ratio. RSPN led over the full window, VYM over 1Y, 3Y and 5Y. RSPN is less concentrated, with 13.2% of the fund in its ten largest positions against 25.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.