Data as of Oct 28, 2026.
RSP vs SCHX: Differences, Returns & Fees
Over the year to Oct 28, 2026, RSP returned +16.0% to SCHX's +13.1%; 42% of their weight is in the same names.
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Net assets: $99.8bn on Oct 27, 2026 for Invesco S&P 500 Equal Weight ETF, and $74.2bn on Aug 31, 2026 for Schwab U.S. Large-Cap ETF.
Pair scorecard
SCHX costs 0.17 points a year less; their one-year returns differ by 2.9 points.
| Measure | RSP | SCHX |
|---|---|---|
| Return | ||
| Total return, 1 year | +16.0% | +13.1% |
| Benchmark | ||
| What it tracks | S&P 500 Equal Weight Index | Dow Jones U.S. Large-Cap Total Stock Market Index |
| Cost and size | ||
| Expense ratio | 0.20% | 0.03% |
| Net assets, RSP as of Oct 27, 2026 and SCHX as of Aug 31, 2026 | $99.8bn | $74.2bn |
| Holdings | ||
| Holdings in common | 42% | |
| Top ten holdings, share of the fund | 2.7% | 36.0% |
Holdings in common uses holdings dated Aug 31, 2026 and Oct 27, 2026. Method
Risk and return
Nov 13, 2009 to Oct 23, 2026 · 884 weekly returns · each against IVVSCHX returned more: +831.5% to +649.9%. SCHX swung slightly less: 16.2% to 17.3%. SCHX fell less at its worst: −32.3% to −36.7%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | RSP | SCHX | IVV | Edge | How it is measured |
|---|---|---|---|---|---|
| Return | |||||
| Total return | +649.9% | +831.5% | SCHX | Price change plus distributions, reinvested. | |
| Annualized | +12.6% | +14.0% | SCHX | Total return as a yearly rate. | |
| Price return | +468.2% | +597.2% | SCHX | Price change alone, distributions left out. | |
| Risk | |||||
| Volatility | 17.3% | 16.2% | SCHX (slight) | Spread of weekly returns, annualized. Lower is steadier. | |
| Downside deviation | 12.0% | 11.2% | SCHX (slight) | Like volatility, counting only weeks below the Treasury bill rate. | |
| Max drawdown | −36.7% | −32.3% | SCHX | Deepest fall from a high to the low after it. | |
| Upside capture | 95.6% | 100.5% | 100.0% | SCHX (slight) | Share of its benchmark's rise caught in the weeks it rose. |
| Downside capture | 99.8% | 100.5% | 100.0% | Tie | Share of its benchmark's fall taken in the weeks it fell. Lower is better. |
| Beta | 1.02 | 1.01 | 1.00 | Tie | How far it moves for each 1% its benchmark moves. |
| R squared | 0.90 | 1.00 | 1.00 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | |||||
| Sharpe | 0.69 | 0.80 | SCHX | Return above Treasury bills per unit of volatility. | |
| Sortino | 0.99 | 1.16 | SCHX | Return above Treasury bills per unit of downside deviation. | |
| Treynor | 0.116 | 0.129 | 0.130 | SCHX (slight) | Return above Treasury bills per unit of beta. |
| Calmar | 0.34 | 0.43 | SCHX | Annualized return divided by the max drawdown. | |
| Against the benchmark | |||||
| Benchmark | IVV | IVV | IVV | The ETF each fund is measured against. | |
| Alpha | −1.4% a year | −0.1% a year | 0.0% | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | −1.08 | −0.62 | Not an edge | How sure the alpha is. Below 2, it could be chance. | |
| Alpha range | −4.0% to +1.2% | −0.6% to +0.3% | Both include zero | The 95% range for the yearly alpha. | |
| Information ratio | −0.21 | −0.05 | SCHX | Return against its benchmark per unit of tracking error. | |
| Tracking error | 5.4% | 0.9% | 0.0% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 884 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, RSP and SCHX hold 42% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Oct 27, 2026.
half
42% in common
Only in one fund ↓
Side by side
RSP and SCHX on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
RSP and SCHX do different jobs. What does each one do in a portfolio?
- What each follows. RSP follows S&P 500 Equal Weight Index and SCHX follows Dow Jones U.S. Large-Cap Total Stock Market Index.
- Holdings in common. 42% of the weight is in the same securities (holdings dated Oct 27, 2026 and Aug 31, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 RSP returned +16.0% and SCHX +13.1% with distributions reinvested, a gap of 2.9 points.
Data as of Oct 28, 2026.
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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%.
SCHX
SCHX tracks an index of U.S. Large-Cap. Over the year to Oct 28, 2026 it returned +13.1% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.03% a year. By its holdings filed for Aug 31, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 747 positions, with the top ten at 36.0%.
Questions people ask
- Which returned more over the last year, RSP or SCHX?
- In the year to Oct 28, 2026, with distributions reinvested, RSP returned +16.0% and SCHX +13.1%.
- Which is cheaper, RSP or SCHX?
- SCHX is cheaper, by 0.17 percentage points a year. That is about $17 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.
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ETFIQ, RSP against SCHX, data as of Oct 28, 2026. https://etfiq.com/compare/any/rsp-vs-schx
ETFIQ. (Oct 28, 2026). RSP against SCHX. Retrieved from https://etfiq.com/compare/any/rsp-vs-schx
[RSP against SCHX (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/rsp-vs-schx)
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