RSP vs SGOV
Invesco S&P 500 Equal Weight ETF vs iShares 0-3 Month Treasury Bond ETF
Last updated: 2026-04-02
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.
iShares 0-3 Month Treasury Bond ETF (SGOV) is an exchange-traded fund that provides exposure to short-duration U.S. Treasury bonds with low interest rate risk. It charges a low expense ratio of 0.09%. The fund offers a high dividend yield of 4.01%. Launched in 2020, the fund has a 6-year track record.
Quick Verdict
SGOV is significantly cheaper at 0.09% vs 0.20% expense ratio, saving you approximately $217 per $10,000 invested over 10 years. Over the past year, RSP has significantly outperformed with a 11.0% return vs 0.0%. Income investors may prefer SGOV for its higher yield (4.0% vs 1.6%).
Key Metrics
Performance Chart
Indexed to 100 at start (5-year comparison)
Performance Comparison
Fee Impact Over Time
Estimated fee cost difference assuming 8% annual returns
Risk Metrics
Based on 5 years of daily returns
Dividend Comparison
Top Holdings
RSP Top Holdings
| Name | Weight |
|---|---|
| APA CorporationAPA | 0.28% |
| LyondellBasell Industries N.V.LYB | 0.25% |
| Dow Inc.DOW | 0.25% |
| Occidental Petroleum CorporationOXY | 0.25% |
| CF Industries Holdings, Inc.CF | 0.24% |
| Coterra Energy Inc.CTRA | 0.24% |
| Devon Energy CorporationDVN | 0.24% |
| ConocoPhillipsCOP | 0.24% |
| EOG Resources, Inc.EOG | 0.24% |
| Exxon Mobil CorporationXOM | 0.24% |
Which One Should You Choose?
Choose SGOV if...
you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.
Choose RSP if...
recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.
Choose SGOV if...
you prioritize dividend income and want higher regular distributions from your portfolio.