ETF Versus

RSP vs VOO

Invesco S&P 500 Equal Weight ETF vs Vanguard 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
VOO Vanguard

Vanguard S&P 500 ETF (VOO) is an exchange-traded fund issued by Vanguard that provides exposure to large-cap U.S. equities across growth and value styles. It charges a very low expense ratio of 0.03%. The fund offers a moderate dividend yield of 1.18%. Launched in 2010, the fund has a 16-year track record.

AUM: $792.0B ER: 0.03% Yield: 1.18% Since: Sep 7, 2010

Quick Verdict

VOO is significantly cheaper at 0.03% vs 0.20% expense ratio, saving you approximately $337 per $10,000 invested over 10 years. Over the past year, VOO has significantly outperformed with a 16.8% return vs 11.0%.

Key Metrics

Metric RSP VOO
Expense Ratio 0.20% 0.03%
Dividend Yield 1.6% 1.2%
Fund Family Invesco Vanguard
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%
VOO +61.3%

Performance Comparison

Period RSP VOO Difference
1 Month -5.89% -4.59% -1.30%
3 Months -0.17% -4.14% +3.97%
6 Months +0.67% -2.11% +2.78%
YTD -0.17% -4.14% +3.97%
1 Year +11.03% +16.77% -5.74%
3 Years +33.02% +59.52% -26.50%
5 Years +33.36% +61.27% -27.91%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period RSP Fees VOO Fees You Save
$10.000 10 years $396 $60 $337
$10.000 20 years $1.696 $258 $1.438
$10.000 30 years $5.443 $835 $4.608
$50.000 10 years $1.982 $299 $1.683
$50.000 30 years $27.214 $4.176 $23.038
$100.000 30 years $54.428 $8.352 $46.076

Risk Metrics

Based on 5 years of daily returns

Metric RSP VOO
Annualized Volatility 16.2% 16.8%
Max Drawdown -22.5% -25.4%
Sharpe Ratio 0.16 0.39

Dividend Comparison

Metric RSP VOO
Annual Dividend (per share) $3.12 $7.13
Dividend Yield 1.62% 1.18%
Distribution Frequency Quarterly Quarterly

Top Holdings

0 of top 9 holdings overlap (0% overlap in 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%

VOO Top Holdings

NameWeight
NVIDIA CorporationNVDA7.31%
Apple Inc.AAPL6.63%
Microsoft CorporationMSFT4.96%
Amazon.com, Inc.AMZN3.47%
Broadcom Inc.AVGO2.56%
Alphabet Inc.GOOG2.46%
Meta Platforms, Inc.META2.40%
Tesla, Inc.TSLA1.92%
Berkshire Hathaway Inc.BRK.B1.57%

Which One Should You Choose?

Choose VOO if...

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

Choose VOO 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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