Data as of Oct 28, 2026.

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RSP vs XOP: Differences, Returns & Fees

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Over the year to Oct 28, 2026, RSP returned +16.0% to XOP's +62.5%; 3% 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 $4.6bn for State Street SPDR S&P Oil & Gas Exploration & Production ETF.

At a glance
+16.0%
RSP total return, 1 year
+62.5%
XOP total return, 1 year
0.20%
RSP expense ratio
0.35%
XOP expense ratio

Pair scorecard

RSP costs 0.15 points a year less; their one-year returns differ by 46.5 points; RSP is far larger, $99.8bn against $4.6bn.

RSP vs XOP: Differences, Returns & Fees
MeasureRSPXOP
Return
Total return, 1 year+16.0%+62.5%
Drawdown
Below its high24.8%, high on Jun 23, 2014
Benchmark
What it tracksS&P 500 Equal Weight IndexS&P Oil & Gas Exploration & Production Select Industry Index
Cost and size
Expense ratio0.20%0.35%
Net assets, as of Oct 27, 2026$99.8bn$4.6bn
Holdings
Holdings in common3%
In the S&P 500, by weight100%
Top ten holdings, share of the fund2.7%

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

Risk and return

Jun 30, 2006 to Oct 23, 2026 · 1,060 weekly returns
RSP XOP
Return
Total return edge RSP +599.7% +71.5%
Annualized edge RSP +10.0% +2.7%
Price return edge RSP +404.6% +29.3%
Risk
Volatility edge RSP 19.6% 37.0%
Max drawdown edge RSP −59.6% −89.6%
Risk-adjusted
Sharpe edge RSP 0.50 0.21
Sortino edge RSP 0.71 0.30
Calmar edge RSP 0.17 0.03
Reading

RSP returned more: +599.7% to +71.5%. RSP swung less: 19.6% to 37.0%. RSP fell less at its worst: −59.6% to −89.6%.

Full scorecard

9 measures, with how each is measured
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Risk and return: RSP vs XOP: Differences, Returns & Fees
MeasureRSPXOPEdgeHow it is measured
Return
Total return+599.7%+71.5%RSPPrice change plus distributions, reinvested.
Annualized+10.0%+2.7%RSPTotal return as a yearly rate.
Price return+404.6%+29.3%RSPPrice change alone, distributions left out.
Risk
Volatility19.6%37.0%RSPSpread of weekly returns, annualized. Lower is steadier.
Downside deviation13.9%26.4%RSPLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−59.6%−89.6%RSPDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.500.21RSPReturn above Treasury bills per unit of volatility.
Sortino0.710.30RSPReturn above Treasury bills per unit of downside deviation.
Calmar0.170.03RSPAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,060 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

3%

By the books each fund has filed, RSP and XOP hold 3% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

3% in common

Positions both hold · largest shared weight first RSP XOP
APA Corp 0.22% 2.92%
EOG Resources Inc 0.22% 2.82%
ExxonMobil Holdings Corp 0.21% 2.82%
Marathon Petroleum Corp 0.21% 2.81%
ConocoPhillips 0.21% 2.79%
Chevron Corp 0.21% 2.75%
Devon Energy Corp 0.21% 2.69%
EQT Corp 0.20% 2.65%
Phillips 66 0.20% 2.65%
Occidental Petroleum Corp 0.20% 2.63%
Diamondback Energy Inc 0.20% 2.60%
Valero Energy Corp 0.20% 2.56%
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 XOP
RANGE RESOURCES CORP 3.48%
MURPHY OIL CORP 2.89%
OVINTIV INC 2.85%
PERMIAN RESOURCES CORP CL A 2.78%
ANTERO RESOURCES CORP 2.77%
HF SINCLAIR CORP 2.72%
SM ENERGY CO 2.65%
VIPER ENERGY INC CL A 2.64%
Check overlap with more funds →

Side by side

RSP Invesco S&P 500 Equal Weight ETF XOP State Street SPDR S&P Oil & Gas Exploration & Production ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the S&P 500 equal weight Tracks the S&P Oil & Gas Exploration & Production
Total return, 1 year +16.0% +62.5%
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% 0.35%
Holdings 508 52
Net assets, as of Oct 27, 2026 $99.8bn $4.6bn

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

Client brief · page 1 of 2 Report BR-9ADC093422

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

  1. What each follows. RSP follows S&P 500 Equal Weight Index and XOP follows S&P Oil & Gas Exploration & Production Select Industry Index.
  2. Holdings in common. 3% of the weight is in the same securities (holdings dated Oct 27, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 RSP returned +16.0% and XOP +62.5% with distributions reinvested, a gap of 46.5 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%.

XOP

XOP tracks the S&P Oil & Gas Exploration & Production. Over the year to Oct 28, 2026 it returned +62.5% with distributions reinvested. The prospectus expense ratio is 0.35% a year. It sat 24.8% below its high of Jun 23, 2014 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, RSP or XOP?
In the year to Oct 28, 2026, with distributions reinvested, RSP returned +16.0% and XOP +62.5%.
Which is cheaper, RSP or XOP?
RSP is cheaper, by 0.15 percentage points a year. That is about $15 on $10,000 held for a year. Fees come from each fund's prospectus.
Other comparisons
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ETFIQ, RSP against XOP, data as of Oct 28, 2026. https://etfiq.com/compare/any/rsp-vs-xop

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