ETF Versus

RSP vs SPLG

Invesco S&P 500 Equal Weight ETF vs State Street SPDR Portfolio S&P 500 ETF

Last updated: 2026-04-02

RSP Invesco

Invesco S&P 500 Equal Weight ETF (RSP) is an exchange-traded fund issued by Invesco that provides exposure to large-cap U.S. equities across growth and value styles. It charges a moderate expense ratio of 0.20%. The fund offers a moderate dividend yield of 1.62%. Launched in 2003, the fund has a 23-year track record.

AUM: $84.5B ER: 0.20% Yield: 1.62% Since: Apr 24, 2003
SPLG State Street

State Street SPDR Portfolio S&P 500 ETF (SPLG) is an exchange-traded fund issued by State Street that provides exposure to large-cap U.S. equities across growth and value styles. It charges a very low expense ratio of 0.02%. The fund offers a moderate dividend yield of 1.26%. Launched in 2009, the fund has a 17-year track record.

AUM: N/A ER: 0.02% Yield: 1.26% Since: 2009-01-02

Quick Verdict

SPLG is significantly cheaper at 0.02% vs 0.20% expense ratio, saving you approximately $357 per $10,000 invested over 10 years. SPLG has edged ahead over the past year (16.0% vs 11.0%).

Key Metrics

Metric RSP SPLG
Expense Ratio 0.20% 0.02%
Dividend Yield 1.6% 1.3%
Fund Family Invesco State Street
Category US Large Cap Blend US Large Cap Blend

Performance Chart

Indexed to 100 at start (5-year comparison)

85 103 121 139 157 175 2021-04 2022-06 2023-09 2024-12 2026-04
RSP +33.4%
SPLG +60.2%

Performance Comparison

Period RSP SPLG Difference
1 Month -5.89% -5.24% -0.65%
3 Months -0.17% -4.79% +4.62%
6 Months +0.67% -2.78% +3.45%
YTD -0.17% -4.79% +4.62%
1 Year +11.03% +15.99% -4.96%
3 Years +33.02% +58.37% -25.35%
5 Years +33.36% +60.23% -26.87%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period RSP Fees SPLG Fees You Save
$10.000 10 years $396 $40 $357
$10.000 20 years $1.696 $172 $1.524
$10.000 30 years $5.443 $558 $4.885
$50.000 10 years $1.982 $200 $1.783
$50.000 30 years $27.214 $2.788 $24.426
$100.000 30 years $54.428 $5.575 $48.853

Risk Metrics

Based on 5 years of daily returns

Metric RSP SPLG
Annualized Volatility 16.2% 16.8%
Max Drawdown -22.5% -25.4%
Sharpe Ratio 0.16 0.38

Dividend Comparison

Metric RSP SPLG
Annual Dividend (per share) $3.12 $0.88
Dividend Yield 1.62% 1.16%
Distribution Frequency Quarterly Quarterly

Top Holdings

RSP Top Holdings

NameWeight
APA CorporationAPA0.28%
LyondellBasell Industries N.V.LYB0.25%
Dow Inc.DOW0.25%
Occidental Petroleum CorporationOXY0.25%
CF Industries Holdings, Inc.CF0.24%
Coterra Energy Inc.CTRA0.24%
Devon Energy CorporationDVN0.24%
ConocoPhillipsCOP0.24%
EOG Resources, Inc.EOG0.24%
Exxon Mobil CorporationXOM0.24%

Which One Should You Choose?

Choose SPLG if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose SPLG if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

Choose RSP if...

you prioritize dividend income and want higher regular distributions from your portfolio.

Either works if...

you just need broad us large cap blend exposure. Both are solid options — pick whichever your brokerage offers commission-free.

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