Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
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.
| Only in GOVT | Only in RSP |
|---|---|
| US TREASURY N/B 0.60% | Moderna Inc 0.58% |
| TREASURY NOTE (OTR) 0.55% | Veeva Systems Inc 0.31% |
| TREASURY BOND (OLD) 0.42% | Zebra Technologies Corp 0.31% |
| TREASURY NOTE (2OLD) 0.25% | Marathon Petroleum Corp 0.29% |
| TREASURY BOND (OTR) 0.16% | Valero Energy Corp 0.29% |
| BLK CSH FND TREASURY SL AGENCY 0.11% | Charles River Laboratories International 0.28% |
| TREASURY NOTE (OLD) 0.11% | Phillips 66 0.28% |
| TREASURY BOND (2OLD) 0.08% | Salesforce Inc 0.28% |
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 Sep 10, 2026.
| GOVT iShares U.S. Treasury Bond ETF | RSP Invesco S&P 500 Equal Weight ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Invesco |
| What it is | U.S. Treasury Bond | S&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 ratio | 0.05% | 0.20% |
| Holdings | 216 | 506 |
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 Sep 10, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 506 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 13, 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.
Cite this page. ETFIQ, GOVT against RSP, data as of Sep 13, 2026. https://etfiq.com/compare/any/govt-vs-rsp Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources