Data as of Oct 28, 2026.
EUSA vs RSP: Differences, Returns & Fees
Over the year to Oct 28, 2026, EUSA returned +13.3% to RSP's +16.0%; 85% of their weight is in the same names.
askIQ about this page
askIQ about EUSA and RSP
Net assets on Oct 27, 2026: $1.9bn for iShares MSCI USA Equal Weighted ETF and $99.8bn for Invesco S&P 500 Equal Weight ETF.
Pair scorecard
EUSA costs 0.11 points a year less; their one-year returns differ by 2.7 points; RSP is far larger, $99.8bn against $1.9bn.
| Measure | EUSA | RSP |
|---|---|---|
| Return | ||
| Total return, 1 year | +13.3% | +16.0% |
| Drawdown | ||
| Below its high | 3.1%, high on Aug 13, 2026 | |
| Benchmark | ||
| What it tracks | MSCI USA Equal Weighted Index | S&P 500 Equal Weight Index |
| Cost and size | ||
| Expense ratio | 0.09% | 0.20% |
| Net assets, as of Oct 27, 2026 | $1.9bn | $99.8bn |
| Holdings | ||
| Holdings in common | 85% | |
| Top ten holdings, share of the fund | 2.7% | 2.7% |
Holdings in common uses holdings dated Oct 27, 2026. Method
Risk and return
May 14, 2010 to Oct 23, 2026 · 858 weekly returnsEach against its own benchmark: EUSA against MLRG, May 14, 2010 to Oct 23, 2026; RSP against IVV, May 9, 2003 to Oct 23, 2026.
RSP returned more: +578.2% to +511.8%. EUSA and RSP swung about the same: 16.9% and 17.2%. EUSA and RSP fell about the same at their worst: −37.2% and −36.7%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | EUSA | RSP | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +511.8% | +578.2% | RSP | Price change plus distributions, reinvested. |
| Annualized | +11.6% | +12.3% | RSP (slight) | Total return as a yearly rate. |
| Price return | +360.2% | +417.0% | RSP | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 16.9% | 17.2% | Tie | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 11.7% | 12.0% | Tie | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −37.2% | −36.7% | Tie | Deepest fall from a high to the low after it. |
| Upside capture | 87.1% | 104.7% | Share of its benchmark's rise caught in the weeks it rose. | |
| Downside capture | 95.6% | 102.9% | Share of its benchmark's fall taken in the weeks it fell. Lower is better. | |
| Beta | 0.96 | 1.07 | Not an edge | How far it moves for each 1% its benchmark moves. |
| R squared | 0.83 | 0.92 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | ||||
| Sharpe | 0.64 | 0.67 | RSP (slight) | Return above Treasury bills per unit of volatility. |
| Sortino | 0.93 | 0.96 | RSP (slight) | Return above Treasury bills per unit of downside deviation. |
| Treynor | 0.113 | 0.098 | Return above Treasury bills per unit of beta. | |
| Calmar | 0.31 | 0.33 | RSP (slight) | Annualized return divided by the max drawdown. |
| Against the benchmark | ||||
| Benchmark | MLRG | IVV | The ETF each fund is measured against. | |
| Alpha | −1.4% a year | −0.6% a year | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | −0.82 | −0.57 | Not an edge | How sure the alpha is. Below 2, it could be chance. |
| Alpha range | −4.9% to +2.0% | −2.8% to +1.5% | Includes zero | The 95% range for the yearly alpha. |
| Information ratio | −0.28 | 0.02 | Return against its benchmark per unit of tracking error. | |
| Tracking error | 7.1% | 5.4% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 858 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, EUSA and RSP hold 85% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.
half
85% in common
Only in one fund ↓
Side by side
EUSA and RSP on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
EUSA and RSP do different jobs. What does each one do in a portfolio?
- What each follows. EUSA follows MSCI USA Equal Weighted Index and RSP follows S&P 500 Equal Weight Index.
- One-year total return. Over 1 year to Oct 28, 2026 EUSA returned +13.3% and RSP +16.0% with distributions reinvested, a gap of 2.7 points.
- Cost. EUSA charges 0.09% of assets a year and RSP 0.20%, a gap of 0.11 points.
Data as of Oct 28, 2026.
The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.
EUSA
EUSA tracks an index. Over the year to Oct 28, 2026 it returned +13.3% with distributions reinvested, against +13.6% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.09% a year. By its holdings published by its issuer for Oct 27, 2026, 85% of the fund by weight is stocks the S&P 500 also holds, across 516 positions, with the top ten at 2.7%. It sat 3.1% below its high of Aug 13, 2026 on Oct 28, 2026.
RSP
RSP tracks the S&P 500 equal weight. Over the year to Oct 28, 2026 it returned +16.0% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.20% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 508 positions, with the top ten at 2.7%.
Questions people ask
- Which returned more over the last year, EUSA or RSP?
- In the year to Oct 28, 2026, with distributions reinvested, EUSA returned +13.3% and RSP +16.0%.
- Which is cheaper, EUSA or RSP?
- EUSA is cheaper, by 0.11 percentage points a year. That is about $11 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, EUSA against RSP, data as of Oct 28, 2026. https://etfiq.com/compare/any/eusa-vs-rsp
ETFIQ. (Oct 28, 2026). EUSA against RSP. Retrieved from https://etfiq.com/compare/any/eusa-vs-rsp
[EUSA against RSP (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/eusa-vs-rsp)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.