Data as of Oct 28, 2026.

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RSP vs SPYD: Differences, Returns & Fees

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Over the year to Oct 28, 2026, RSP returned +16.0% to SPYD's +15.3%; 15% 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 $7.5bn for State Street SPDR Portfolio S&P 500 High Dividend ETF.

At a glance
+16.0%
RSP total return, 1 year
+15.3%
SPYD total return, 1 year
0.20%
RSP expense ratio
0.07%
SPYD expense ratio

Pair scorecard

SPYD costs 0.13 points a year less; their one-year returns differ by 0.7 points; RSP is 13.3 times larger.

RSP vs SPYD: Differences, Returns & Fees
MeasureRSPSPYD
Return
Total return, 1 year+16.0%+15.3%
Drawdown
Below its high4.1%, high on Aug 24, 2026
Benchmark
What it tracksS&P 500 Equal Weight IndexS&P 500 High Dividend Index
Cost and size
Expense ratio0.20%0.07%
Net assets, as of Oct 27, 2026$99.8bn$7.5bn
Holdings
Holdings in common15%
Top ten holdings, share of the fund2.7%16.1%

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

Risk and return

Oct 30, 2015 to Oct 23, 2026 · 573 weekly returns
RSP SPYD
Return
Total return edge RSP +231.6% +168.7%
Annualized edge RSP +11.5% +9.4%
Price return edge RSP +175.1% +61.3%
Risk
Volatility edge RSP (slight) 18.0% 19.6%
Max drawdown edge RSP −36.7% −43.0%
Risk-adjusted
Sharpe edge RSP 0.57 0.44
Sortino edge RSP 0.81 0.62
Calmar edge RSP 0.31 0.22
Reading

RSP returned more: +231.6% to +168.7%. RSP swung slightly less: 18.0% to 19.6%. RSP fell less at its worst: −36.7% to −43.0%.

Full scorecard

9 measures, with how each is measured
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Risk and return: RSP vs SPYD: Differences, Returns & Fees
MeasureRSPSPYDEdgeHow it is measured
Return
Total return+231.6%+168.7%RSPPrice change plus distributions, reinvested.
Annualized+11.5%+9.4%RSPTotal return as a yearly rate.
Price return+175.1%+61.3%RSPPrice change alone, distributions left out.
Risk
Volatility18.0%19.6%RSP (slight)Spread of weekly returns, annualized. Lower is steadier.
Downside deviation12.6%13.8%RSP (slight)Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown−36.7%−43.0%RSPDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.570.44RSPReturn above Treasury bills per unit of volatility.
Sortino0.810.62RSPReturn above Treasury bills per unit of downside deviation.
Calmar0.310.22RSPAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 573 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

15%

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

0 half 100%

half

15% in common

Positions both hold · largest shared weight first RSP SPYD
Accenture PLC 0.27% 2.18%
Hasbro Inc 0.26% 1.73%
Crown Castle Inc 0.23% 1.47%
Dow Inc 0.23% 1.41%
Host Hotels & Resorts Inc 0.23% 1.34%
Best Buy Co Inc 0.22% 1.47%
EOG Resources Inc 0.22% 1.45%
Kimberly-Clark Corp 0.22% 1.30%
Kenvue Inc 0.21% 1.32%
Pinnacle West Capital Corp 0.21% 1.30%
Altria Group Inc 0.21% 1.32%
Stanley Black & Decker Inc 0.21% 1.45%
Only in one fund ↓
Only in RSP
Moderna Inc 0.30%
PTC Inc 0.30%
Everpure Inc 0.28%
Illumina Inc 0.27%
Mettler-Toledo International Inc 0.26%
Revvity Inc 0.26%
Gartner Inc 0.26%
Charles River Laboratories International Inc 0.25%
Only in SPYD
S+P500 EMINI FUT DEC26 0.00%
Check overlap with more funds →

Side by side

RSP Invesco S&P 500 Equal Weight ETF SPYD State Street SPDR Portfolio S&P 500 High Dividend ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the S&P 500 equal weight Tracks the S&P 500 High Dividend
Total return, 1 year +16.0% +15.3%
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% 0.07%
Already in the S&P 500 99.8% 99.3%
Holdings 508 79
Net assets, as of Oct 27, 2026 $99.8bn $7.5bn

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

Client brief · page 1 of 2 Report BR-D87F9D2FEC

RSP and SPYD do different jobs. What does each one do in a portfolio?

  1. What each follows. RSP follows S&P 500 Equal Weight Index and SPYD follows S&P 500 High Dividend Index.
  2. Holdings in common. 15% of the weight is in the same securities (holdings dated Oct 27, 2026).
  3. Number of holdings. RSP holds 508 positions and SPYD holds 79.

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%.

SPYD

SPYD tracks the S&P 500 High Dividend. Over the year to Oct 28, 2026 it returned +15.3% with distributions reinvested. The prospectus expense ratio is 0.07% a year. By its holdings published by its issuer for Oct 27, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 79 positions, with the top ten at 16.1%. It sat 4.1% below its high of Aug 24, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, RSP or SPYD?
In the year to Oct 28, 2026, with distributions reinvested, RSP returned +16.0% and SPYD +15.3%.
Which is cheaper, RSP or SPYD?
SPYD is cheaper, by 0.13 percentage points a year. That is about $13 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do RSP and SPYD overlap with the S&P 500?
By their latest filed holdings, 100% of RSP and 99% of SPYD by weight is stocks the S&P 500 already holds.
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ETFIQ, RSP against SPYD, data as of Oct 28, 2026. https://etfiq.com/compare/any/rsp-vs-spyd

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