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

GOVT vs RSP: how they differ

GOVT and RSP hold 0% of their weight in the same names, and RSP returned more over the year.

iShares U.S. Treasury Bond ETF and Invesco S&P 500 Equal Weight ETF.

What they hold in common

By the books each fund has filed, GOVT and RSP hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in GOVTOnly in RSP
United States of America 5.31%Intel Corp. 0.38%
United States of America 2.96%Seagate Technology Holdings PLC 0.34%
United States of America 2.63%Advanced Micro Devices, Inc. 0.33%
United States of America 2.09%ON Semiconductor Corp. 0.33%
United States of America 1.61%Sandisk Corp. 0.32%
United States of America 1.57%Western Digital Corp. 0.31%
United States of America 1.53%Ciena Corp. 0.30%
United States of America 1.51%Monolithic Power Systems, Inc. 0.29%

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.

GOVT and RSP on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
GOVT
iShares U.S. Treasury Bond ETF
RSP
Invesco S&P 500 Equal Weight ETF
Where it sitsCore index fundCore index fund
IssueriSharesInvesco
What it isU.S. Treasury BondS&P 500 equal weight
Total return, 1 year−1.0%+14.8%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−18.5 pts−2.7 pts
Expense ratio0.05%0.20%
Holdings223503

GOVT in plain words

GOVT is a bond fund tracking the U.S. Treasury Bond. Over the year to Sep 11, 2026 it returned −1.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.05% a year. It sat 8.4% below its high of Aug 4, 2020 on Sep 11, 2026.

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, GOVT or RSP?
In the year to Sep 12, 2026, with distributions reinvested, GOVT returned −1.0% and RSP returned +14.8%, so RSP returned more. One year is one year; the longer windows are in the table.
Which is cheaper, GOVT or RSP?
GOVT charges 0.05% a year and RSP charges 0.20%, so GOVT is cheaper. Fees come from each fund's prospectus.

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.

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

A comparison is not a recommendation. Standards and sources