ETF Versus

RPV vs RSP

Invesco S&P 500 Pure Value ETF vs Invesco S&P 500 Equal Weight ETF

Last updated: 2026-04-10

RPV Invesco

Invesco S&P 500 Pure Value ETF (RPV) is an exchange-traded fund issued by Invesco that provides exposure to large-cap U.S. value stocks trading at below-market valuations. It charges an above-average expense ratio of 0.35%. The fund offers a moderate dividend yield of 2.39%. Launched in 2006, the fund has a 20-year track record.

AUM: $1.7B ER: 0.35% Yield: 2.39% Since: Mar 1, 2006
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 1.58%. Launched in 2003, the fund has a 23-year track record.

AUM: $85.4B ER: 0.20% Yield: 1.58% Since: Apr 24, 2003

Quick Verdict

RSP is significantly cheaper at 0.20% vs 0.35% expense ratio, saving you approximately $293 per $10,000 invested over 10 years. RPV has edged ahead over the past year (28.4% vs 23.4%). Income investors may prefer RPV for its higher yield (2.4% vs 1.6%).

Key Metrics

Metric RPV RSP
Expense Ratio 0.35% 0.20%
Dividend Yield 2.4% 1.6%
Fund Family Invesco Invesco
Category US Large Cap Value US Large Cap Blend

Performance Chart

Indexed to 100 at start (5-year comparison)

85 98 111 124 137 150 2021-04 2022-07 2023-10 2025-01 2026-04
RPV +43.8%
RSP +35.5%

Performance Comparison

Period RPV RSP Difference
1 Month +0.53% +0.21% +0.32%
3 Months +1.21% -0.40% +1.61%
6 Months +11.76% +5.38% +6.38%
YTD +3.67% +2.14% +1.53%
1 Year +28.36% +23.42% +4.94%
3 Years +40.78% +35.95% +4.83%
5 Years +43.81% +35.50% +8.31%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period RPV Fees RSP Fees You Save
$10,000 10 years $690 $396 $293
$10,000 20 years $2,930 $1,696 $1,234
$10,000 30 years $9,337 $5,443 $3,894
$50,000 10 years $3,448 $1,982 $1,465
$50,000 30 years $46,685 $27,214 $19,471
$100,000 30 years $93,370 $54,428 $38,942

Risk Metrics

Based on 5 years of daily returns

Metric RPV RSP
Annualized Volatility 18.1% 16.2%
Max Drawdown -24.1% -22.5%
Sharpe Ratio 0.25 0.18

Dividend Comparison

Metric RPV RSP
Annual Dividend (per share) $2.59 $3.12
Dividend Yield 2.39% 1.58%
Distribution Frequency Quarterly Quarterly

Top Holdings

2 of top 10 holdings overlap (20% overlap in top holdings)

RPV Top Holdings

NameWeight
Bunge Global SABG2.73%
Dow Inc.DOW2.73%
Archer-Daniels-Midland CompanyADM2.19%
LyondellBasell Industries N.V.LYB2.15%
The Mosaic CompanyMOS2.02%
Tyson Foods, Inc.TSN1.93%
Ford Motor CompanyF1.73%
The Cigna GroupCI1.72%
General Motors CompanyGM1.68%
Target CorporationTGT1.61%

RSP Top Holdings

NameWeight
APA CorporationAPA0.26%
Ciena CorporationCIEN0.26%
Dow Inc.DOW0.24%
Seagate Technology Holdings plcSTX0.24%
Dell Technologies Inc.DELL0.24%
LyondellBasell Industries N.V.LYB0.24%
VeriSign, Inc.VRSN0.23%
Lumentum Holdings Inc.LITE0.23%
Hewlett Packard Enterprise CompanyHPE0.23%
Occidental Petroleum CorporationOXY0.23%

Which One Should You Choose?

Choose RSP if...

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

Choose RPV if...

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

Choose RPV if...

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

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