Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
RSP vs SPHQ: how they differ
RSP and SPHQ hold 18% of their weight in the same names, and SPHQ returned more over the year.
Invesco S&P 500 Equal Weight ETF and Invesco S&P 500 Quality ETF.
What they hold in common
By the books each fund has filed, RSP and SPHQ hold 18% of their money in the same securities at the same weight.
| Holding | RSP | SPHQ |
|---|---|---|
| Valero Energy Corp | 0.29% | 1.05% |
| Newmont Corp | 0.26% | 1.98% |
| Workday Inc | 0.26% | 0.32% |
| Airbnb Inc | 0.25% | 0.79% |
| Expedia Group Inc | 0.24% | 0.35% |
| Ameriprise Financial Inc | 0.24% | 0.73% |
| Travelers Cos Inc/The | 0.24% | 0.73% |
| Chipotle Mexican Grill Inc | 0.23% | 0.50% |
| Automatic Data Processing Inc | 0.22% | 1.06% |
| Mastercard Inc | 0.22% | 5.78% |
| Expeditors International of Washington I | 0.22% | 0.28% |
| Fortinet Inc | 0.22% | 1.44% |
| Only in RSP | Only in SPHQ |
|---|---|
| Moderna Inc 0.58% | |
| Veeva Systems Inc 0.31% | |
| Zebra Technologies Corp 0.31% | |
| Marathon Petroleum Corp 0.29% | |
| Charles River Laboratories International 0.28% | |
| Phillips 66 0.28% | |
| Salesforce Inc 0.28% | |
| Global Payments 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.
| RSP Invesco S&P 500 Equal Weight ETF | SPHQ Invesco S&P 500 Quality ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Invesco | Invesco |
| What it is | S&P 500 equal weight | S&P 500 Quality |
| Total return, 1 year | +14.8% | +17.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −2.7 pts | −0.1 pts |
| Expense ratio | 0.20% | 0.15% |
| Already in the S&P 500 | 99.1% | 99.9% |
| Holdings | 506 | 100 |
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.
SPHQ in plain words
SPHQ is an index equity fund tracking the S&P 500 Quality. Over the year to Sep 11, 2026 it returned +17.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Sep 10, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 100 positions, with the top ten at 43.4%. It sat 6.1% below its high of Jun 30, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, RSP or SPHQ?
- In the year to Sep 13, 2026, with distributions reinvested, RSP returned +14.8% and SPHQ returned +17.4%, so SPHQ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, RSP or SPHQ?
- RSP charges 0.20% a year and SPHQ charges 0.15%, so SPHQ is cheaper. Fees come from each fund's prospectus.
- How much do RSP and SPHQ overlap with the S&P 500?
- By their latest filed holdings, 99% of RSP and 100% of SPHQ by weight is stocks the S&P 500 already holds. Between the two funds, 18% of their books are the same securities at the same weight.
Other comparisons
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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, RSP against SPHQ, data as of Sep 13, 2026. https://etfiq.com/compare/any/rsp-vs-sphq Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources