Which returned more over the last year, GARP or RSP?

In the year to Oct 28, 2026, with distributions reinvested, GARP returned +18.0% and RSP +16.0%.

Which is cheaper, GARP or RSP?

GARP is cheaper, by 0.05 percentage points a year. That is about $5 on $10,000 held for a year. 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 100% of RSP by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

GARP vs RSP: Differences, Returns & Fees

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Over the year to Oct 28, 2026, GARP returned +18.0% to RSP's +16.0%; 15% of their weight is in the same names.

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Net assets on Oct 27, 2026: $3.6bn for iShares MSCI USA Quality GARP ETF and $99.8bn for Invesco S&P 500 Equal Weight ETF.

GARP on its own →RSP on its own →

At a glance

+18.0%

GARP total return, 1 year

+16.0%

RSP total return, 1 year

0.15%

GARP expense ratio

0.20%

RSP expense ratio

Pair scorecard

GARP costs 0.05 points a year less; their one-year returns differ by 2.0 points; RSP is far larger, $99.8bn against $3.6bn.

GARP vs RSP: Differences, Returns & Fees
Measure	GARP	RSP
Return
Measure	GARP	RSP
Total return, 1 year	+18.0%	+16.0%
Drawdown
Measure	GARP	RSP
Below its high	7.0%, high on Oct 6, 2026
Benchmark
Measure	GARP	RSP
What it tracks	MSCI USA Quality GARP Select Index	S&P 500 Equal Weight Index
Cost and size
Measure	GARP	RSP
Expense ratio	0.15%	0.20%
Net assets, as of Oct 27, 2026	$3.6bn	$99.8bn
Holdings
Measure	GARP	RSP
Holdings in common	15%
Top ten holdings, share of the fund	43.5%	2.7%

Holdings in common uses holdings dated Oct 27, 2026. Method

What they share

15%

By the books each fund has filed, GARP and RSP hold 15% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

15% in common

Positions both hold · largest shared weight first GARP RSP

EVERPURE INC CLASS A 0.29% 0.28%

CROWDSTRIKE HOLDINGS CLASS A 0.59% 0.25%

CADENCE DESIGN SYSTEMS 0.62% 0.24%

PALO ALTO NETWORKS 0.72% 0.24%

SERVICENOW 0.70% 0.23%

AUTODESK 1.12% 0.23%

FORTINET 1.77% 0.23%

PALANTIR TECHNOLOGIES CLASS A 2.86% 0.23%

ELI LILLY 1.78% 0.22%

ROYAL CARIBBEAN GROUP 1.83% 0.22%

APPLE 5.66% 0.22%

VISA CLASS A 5.13% 0.21%

Only in one fund ↓

Only in GARP

MERCADOLIBRE 1.86%

COEUR MINING 0.36%

FLUTTER ENTERTAINMENT PLC 0.26%

SNOWFLAKE 0.24%

CLOUDFLARE CLASS A 0.23%

SHARKNINJA 0.20%

BURLINGTON STORES 0.18%

HEICO CLASS A 0.18%

Only in RSP

Moderna Inc 0.30%

PTC Inc 0.30%

Illumina Inc 0.27%

Accenture PLC 0.27%

Hasbro Inc 0.26%

Mettler-Toledo International Inc 0.26%

Revvity Inc 0.26%

Gartner Inc 0.26%

Check overlap with more funds →

Side by side

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

Where it sits Stock ETF Stock ETF

Issuer iShares Invesco

What it is Tracks the MSCI USA Quality GARP Tracks the S&P 500 equal weight

Total return, 1 year +18.0% +16.0%

Its benchmark over the same days +13.3% (PBUS) +13.7% (IVV)

Gap to its benchmark +4.7 pts vs PBUS +2.3 pts vs IVV

Expense ratio 0.15% 0.20%

Already in the S&P 500 94.4% 99.8%

Holdings 131 508

Net assets, as of Oct 27, 2026 $3.6bn $99.8bn

GARP and RSP on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Alert

About each fund

GARP

GARP tracks the MSCI USA Quality GARP. Over the year to Oct 28, 2026 it returned +18.0% with distributions reinvested, against +13.3% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 43.5%. It sat 7.0% below its high of Oct 6, 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, GARP or RSP?: In the year to Oct 28, 2026, with distributions reinvested, GARP returned +18.0% and RSP +16.0%.
Which is cheaper, GARP or RSP?: GARP is cheaper, by 0.05 percentage points a year. That is about $5 on $10,000 held for a year. 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 100% of RSP by weight is stocks the S&P 500 already holds.

Other comparisons

GARP vs NOBL GARP vs VOE GARP vs SDY DVY vs GARP RSP vs VOOG RSP vs VONG RSP vs SPYG RSP vs SCHG

Where to next

GARP on its own →RSP on its own →Hold both: look the portfolio through →Rankings →GARP dividend history →GARP holdings →RSP dividend history →RSP holdings →Standards and sources →

Sources and dates

GARP filings on SEC EDGAR ↗

GARP prospectus with the expense ratio (SEC) ↗

iShares page for GARP ↗

RSP filings on SEC EDGAR ↗

RSP prospectus with the expense ratio (SEC) ↗

Invesco website ↗

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, GARP against RSP, data as of Oct 28, 2026. https://etfiq.com/compare/any/garp-vs-rsp

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.