Data as of Oct 28, 2026.

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RSP vs RWK: Differences, Returns & Fees

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Over the year to Oct 28, 2026, RSP returned +16.0% to RWK's +15.8%; 0% of their weight is in the same names.

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Net assets on Oct 27, 2026: $99.8bn for Invesco S&P 500 Equal Weight ETF and $1.3bn for Invesco S&P MidCap 400 Revenue ETF.

At a glance
+16.0%
RSP total return, 1 year
+15.8%
RWK total return, 1 year
0.20%
RSP expense ratio
0.39%
RWK expense ratio

Pair scorecard

RSP costs 0.19 points a year less; their one-year returns differ by 0.2 points; RSP is far larger, $99.8bn against $1.3bn.

RSP vs RWK: Differences, Returns & Fees
MeasureRSPRWK
Return
Total return, 1 year+16.0%+15.8%
Drawdown
Below its high5.4%, high on Aug 14, 2026
Benchmark
What it tracksS&P 500 Equal Weight IndexS&P MidCap 400 Revenue-Weighted Index
Cost and size
Expense ratio0.20%0.39%
Net assets, as of Oct 27, 2026$99.8bn$1.3bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund2.7%20.7%

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

Risk and return

Feb 29, 2008 to Oct 23, 2026 · 973 weekly returns
RSP RWK
Return
Total return edge RWK (slight) +573.0% +590.3%
Annualized edge Tie +10.7% +10.9%
Price return edge RWK +394.5% +450.3%
Risk
Volatility edge RSP 20.0% 23.9%
Max drawdown edge Tie −55.4% −56.2%
Risk-adjusted
Sharpe edge RSP (slight) 0.54 0.49
Sortino edge RSP (slight) 0.77 0.70
Calmar edge Tie 0.19 0.19
Reading

RWK returned slightly more: +590.3% to +573.0%. RSP swung less: 20.0% to 23.9%. RSP and RWK fell about the same at their worst: −55.4% and −56.2%.

Full scorecard

9 measures, with how each is measured
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Risk and return: RSP vs RWK: Differences, Returns & Fees
MeasureRSPRWKEdgeHow it is measured
Return
Total return+573.0%+590.3%RWK (slight)Price change plus distributions, reinvested.
Annualized+10.7%+10.9%TieTotal return as a yearly rate.
Price return+394.5%+450.3%RWKPrice change alone, distributions left out.
Risk
Volatility20.0%23.9%RSPSpread of weekly returns, annualized. Lower is steadier.
Downside deviation14.0%16.7%RSPLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−55.4%−56.2%TieDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.540.49RSP (slight)Return above Treasury bills per unit of volatility.
Sortino0.770.70RSP (slight)Return above Treasury bills per unit of downside deviation.
Calmar0.190.19TieAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 973 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

0%

By the books each fund has filed, RSP and RWK hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first RSP RWK
SECURITIES LENDING - BNYM 0.00% 0.00%
Only in one fund ↓
Only in RSP
Moderna Inc 0.30%
PTC Inc 0.30%
Everpure Inc 0.28%
Illumina Inc 0.27%
Accenture PLC 0.27%
Hasbro Inc 0.26%
Mettler-Toledo International Inc 0.26%
Revvity Inc 0.26%
Only in RWK
Albertsons Cos Inc 3.94%
TD SYNNEX Corp 2.78%
Performance Food Group Co 2.75%
American Airlines Group Inc 2.29%
Molina Healthcare Inc 1.84%
US Foods Holding Corp 1.70%
Arrow Electronics Inc 1.48%
PBF Energy Inc 1.33%
Check overlap with more funds →

Side by side

RSP Invesco S&P 500 Equal Weight ETF RWK Invesco S&P MidCap 400 Revenue ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the S&P 500 equal weight Tracks an index
Total return, 1 year +16.0% +15.8%
Its benchmark over the same days +13.7% (IVV) not measured
Gap to its benchmark +2.3 pts vs IVV not measured
Expense ratio 0.20% 0.39%
Already in the S&P 500 99.8% 2.4%
Holdings 508 399
Net assets, as of Oct 27, 2026 $99.8bn $1.3bn

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

Client brief · page 1 of 2 Report BR-3C716740ED

RSP and RWK are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. RSP follows S&P 500 Equal Weight Index and RWK follows S&P MidCap 400 Revenue-Weighted Index.
  2. Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 27, 2026).
  3. Cost. RSP charges 0.20% of assets a year and RWK 0.39%, a gap of 0.19 points.

Data as of Oct 28, 2026.

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About each fund
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%.

RWK

RWK tracks an index. Over the year to Oct 28, 2026 it returned +15.8% with distributions reinvested. The prospectus expense ratio is 0.39% a year. By its holdings published by its issuer for Oct 27, 2026, 2% of the fund by weight is stocks the S&P 500 also holds, across 399 positions, with the top ten at 20.7%. It sat 5.4% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, RSP or RWK?
In the year to Oct 28, 2026, with distributions reinvested, RSP returned +16.0% and RWK +15.8%.
Which is cheaper, RSP or RWK?
RSP is cheaper, by 0.19 percentage points a year. That is about $19 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do RSP and RWK overlap with the S&P 500?
By their latest filed holdings, 100% of RSP and 2% of RWK by weight is stocks the S&P 500 already holds.
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ETFIQ, RSP against RWK, data as of Oct 28, 2026. https://etfiq.com/compare/any/rsp-vs-rwk

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