Get the weekly note

Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

GARP vs RSP: how they differ

GARP and RSP hold 16% of their weight in the same names, and GARP returned more over the year.

iShares MSCI USA Quality GARP ETF and Invesco S&P 500 Equal Weight ETF.

What they hold in common

By the books each fund has filed, GARP and RSP hold 16% of their money in the same securities at the same weight.

Positions GARP and RSP both hold, largest shared weight first
HoldingGARPRSP
ADVANCED MICRO DEVICES INC2.21%0.33%
DELL TECHNOLOGIES INC0.61%0.27%
JABIL INC0.57%0.26%
COMFORT SYSTEMS USA INC0.44%0.25%
QUANTA SERVICES INC1.37%0.25%
CARVANA COMPANY0.39%0.25%
GE VERNOVA INC0.29%0.25%
AMAZON.COM INC1.49%0.24%
ARISTA NETWORKS INC1.27%0.24%
EMCOR GROUP INC0.47%0.24%
MICRON TECHNOLOGY INC6.07%0.24%
BROADCOM INC3.96%0.24%
Largest positions each one holds and the other does not
Only in GARPOnly in RSP
ROYAL CARIBBEAN CRUISES LTD 1.46%Intel Corp. 0.38%
MERCADOLIBRE INC 1.40%Seagate Technology Holdings PLC 0.34%
MARVELL TECHNOLOGY INC 0.59%ON Semiconductor Corp. 0.33%
SEAGATE TECHNOLOGY HOLDINGS PLC 0.49%Sandisk Corp. 0.32%
CHENIERE ENERGY INC 0.45%Western Digital Corp. 0.31%
COEUR MINING INC 0.31%NXP Semiconductors N.V. 0.28%
FLUTTER ENTERTAINMENT PLC 0.26%Texas Instruments Inc. 0.27%
HEICO CORP 0.25%Humana Inc. 0.27%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Jun 30, 2026.

GARP and RSP on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
GARP
iShares MSCI USA Quality GARP ETF
RSP
Invesco S&P 500 Equal Weight ETF
Where it sitsCore index fundCore index fund
IssueriSharesInvesco
What it isMSCI USA Quality GARPS&P 500 equal weight
Total return, 1 year+29.5%+14.8%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+12.0 pts−2.7 pts
Expense ratio0.15%0.20%
Already in the S&P 50094.4%99.1%
Holdings131503

GARP in plain words

GARP is an index equity fund tracking the MSCI USA Quality GARP. Over the year to Sep 11, 2026 it returned +29.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jun 30, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 43.8%.

RSP in plain words

RSP is an index equity fund tracking the S&P 500 equal weight. Over the year to Sep 11, 2026 it returned +14.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.20% a year. By its holdings filed for Apr 30, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 503 positions, with the top ten at 3.2%. It sat 3.5% below its high of Aug 14, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, GARP or RSP?
In the year to Sep 12, 2026, with distributions reinvested, GARP returned +29.5% and RSP returned +14.8%, so GARP returned more. One year is one year; the longer windows are in the table.
Which is cheaper, GARP or RSP?
GARP charges 0.15% a year and RSP charges 0.20%, so GARP is cheaper. Fees come from each fund's prospectus.
How much do GARP and RSP overlap with the S&P 500?
By their latest filed holdings, 94% of GARP and 99% of RSP by weight is stocks the S&P 500 already holds. Between the two funds, 16% of their books are the same securities at the same weight.

Other comparisons

Where to next

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

GARP against RSP, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, GARP against RSP, data as of Sep 12, 2026. https://etfiq.com/compare/any/GARP-RSP Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources