Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
RSP vs SPHQ: how they differ
RSP and SPHQ hold 18% of their weight in the same names, and SPHQ returned more over the year.
Invesco S&P 500 Equal Weight ETF and Invesco S&P 500 Quality ETF.
What they hold in common
By the books each fund has filed, RSP and SPHQ hold 18% of their money in the same securities at the same weight.
| Holding | RSP | SPHQ |
|---|---|---|
| Western Digital Corp. | 0.31% | 2.15% |
| QUALCOMM Inc. | 0.26% | 2.03% |
| GE Vernova Inc. | 0.25% | 3.15% |
| Caterpillar Inc. | 0.24% | 3.78% |
| EMCOR Group, Inc. | 0.24% | 0.47% |
| Eaton Corp. PLC | 0.23% | 1.65% |
| KLA Corp. | 0.23% | 3.27% |
| Lam Research Corp. | 0.23% | 4.10% |
| Cisco Systems, Inc. | 0.23% | 3.54% |
| T. Rowe Price Group, Inc. | 0.22% | 0.22% |
| Trane Technologies PLC | 0.22% | 1.30% |
| NetApp, Inc. | 0.22% | 0.32% |
| Only in RSP | Only in SPHQ |
|---|---|
| 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% | |
| Ciena Corp. 0.30% | |
| Monolithic Power Systems, Inc. 0.29% | |
| Centene Corp. 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.
| RSP Invesco S&P 500 Equal Weight ETF | SPHQ Invesco S&P 500 Quality ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Invesco | Invesco |
| What it is | S&P 500 equal weight | S&P 500 Quality |
| Total return, 1 year | +14.8% | +17.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −2.7 pts | −0.1 pts |
| Expense ratio | 0.20% | 0.15% |
| Already in the S&P 500 | 99.1% | 99.9% |
| Holdings | 503 | 99 |
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.
SPHQ in plain words
SPHQ is an index equity fund tracking the S&P 500 Quality. Over the year to Sep 11, 2026 it returned +17.4% 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 Apr 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 99 positions, with the top ten at 40.7%. It sat 6.1% below its high of Jun 30, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, RSP or SPHQ?
- In the year to Sep 12, 2026, with distributions reinvested, RSP returned +14.8% and SPHQ returned +17.4%, so SPHQ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, RSP or SPHQ?
- RSP charges 0.20% a year and SPHQ charges 0.15%, so SPHQ is cheaper. Fees come from each fund's prospectus.
- How much do RSP and SPHQ overlap with the S&P 500?
- By their latest filed holdings, 99% of RSP and 100% of SPHQ by weight is stocks the S&P 500 already holds. Between the two funds, 18% 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.
Cite this page. ETFIQ, RSP against SPHQ, data as of Sep 12, 2026. https://etfiq.com/compare/any/RSP-SPHQ Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources