Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
RSP vs SPHD: how they differ
RSP and SPHD hold 10% of their weight in the same names, and RSP returned more over the year.
Invesco S&P 500 Equal Weight ETF and Invesco S&P 500 High Dividend Low Volatility ETF.
What they hold in common
By the books each fund has filed, RSP and SPHD hold 10% of their money in the same securities at the same weight.
| Holding | RSP | SPHD |
|---|---|---|
| Franklin Resources, Inc. | 0.23% | 2.82% |
| T. Rowe Price Group, Inc. | 0.22% | 2.10% |
| Principal Financial Group, Inc. | 0.22% | 1.70% |
| Fifth Third Bancorp | 0.22% | 1.33% |
| Truist Financial Corp. | 0.22% | 1.75% |
| BXP, Inc. | 0.22% | 1.94% |
| Altria Group, Inc. | 0.21% | 3.45% |
| Regions Financial Corp. | 0.21% | 1.59% |
| U.S. Bancorp | 0.21% | 1.62% |
| ONEOK, Inc. | 0.21% | 2.66% |
| Huntington Bancshares Inc. | 0.21% | 1.33% |
| EOG Resources, Inc. | 0.20% | 1.99% |
| Only in RSP | Only in SPHD |
|---|---|
| Intel Corp. 0.38% | |
| Seagate Technology Holdings PLC 0.34% | |
| Advanced Micro Devices, Inc. 0.33% | |
| ON Semiconductor Corp. 0.33% | |
| Sandisk Corp. 0.32% | |
| Western Digital Corp. 0.31% | |
| Ciena Corp. 0.30% | |
| 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 and May 31, 2026.
| RSP Invesco S&P 500 Equal Weight ETF | SPHD Invesco S&P 500 High Dividend Low Volatility ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Invesco | Invesco |
| What it is | S&P 500 equal weight | S&P 500 High Dividend Low Volatility |
| Total return, 1 year | +14.8% | +8.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −2.7 pts | −8.9 pts |
| Expense ratio | 0.20% | 0.30% |
| Already in the S&P 500 | 99.1% | 95.7% |
| Holdings | 503 | 49 |
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.
SPHD in plain words
SPHD is an index equity fund tracking the S&P 500 High Dividend Low Volatility. Over the year to Sep 11, 2026 it returned +8.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.30% a year. By its holdings filed for May 31, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 49 positions, with the top ten at 29.3%. It sat 4.1% below its high of Aug 24, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, RSP or SPHD?
- In the year to Sep 12, 2026, with distributions reinvested, RSP returned +14.8% and SPHD returned +8.6%, so RSP returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, RSP or SPHD?
- RSP charges 0.20% a year and SPHD charges 0.30%, so RSP is cheaper. Fees come from each fund's prospectus.
- How much do RSP and SPHD overlap with the S&P 500?
- By their latest filed holdings, 99% of RSP and 96% of SPHD by weight is stocks the S&P 500 already holds. Between the two funds, 10% of their books are the same securities at the same weight.
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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.
Cite this page. ETFIQ, RSP against SPHD, data as of Sep 12, 2026. https://etfiq.com/compare/any/RSP-SPHD Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources