ETF Versus

RSP vs XLK

Invesco S&P 500 Equal Weight ETF vs State Street Technology Select Sector SPDR ETF

Last updated: 2026-04-10

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
XLK SPDR

State Street Technology Select Sector SPDR ETF (XLK) is an exchange-traded fund issued by SPDR that provides exposure to us sector - technology securities. It charges a low expense ratio of 0.08%. The fund offers a modest dividend yield of 0.54%. Launched in 1998, the fund has a 28-year track record.

AUM: $90.3B ER: 0.08% Yield: 0.54% Since: Dec 16, 1998

Quick Verdict

XLK is significantly cheaper at 0.08% vs 0.20% expense ratio, saving you approximately $237 per $10,000 invested over 10 years. Over the past year, XLK has significantly outperformed with a 46.8% return vs 23.4%. Income investors may prefer RSP for its higher yield (1.6% vs 0.5%).

Key Metrics

Metric RSP XLK
Expense Ratio 0.20% 0.08%
Dividend Yield 1.6% 0.5%
Fund Family Invesco SPDR
Category US Large Cap Blend US Sector - Technology

Performance Chart

Indexed to 100 at start (5-year comparison)

80 107 134 161 188 215 2021-04 2022-07 2023-10 2025-01 2026-04
RSP +35.5%
XLK +102.2%

Performance Comparison

Period RSP XLK Difference
1 Month +0.21% +1.60% -1.39%
3 Months -0.40% -2.80% +2.40%
6 Months +5.38% +0.06% +5.32%
YTD +2.14% -1.13% +3.27%
1 Year +23.42% +46.81% -23.39%
3 Years +35.95% +93.34% -57.39%
5 Years +35.50% +102.25% -66.75%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period RSP Fees XLK Fees You Save
$10,000 10 years $396 $159 $237
$10,000 20 years $1,696 $686 $1,011
$10,000 30 years $5,443 $2,212 $3,231
$50,000 10 years $1,982 $797 $1,185
$50,000 30 years $27,214 $11,061 $16,153
$100,000 30 years $54,428 $22,123 $32,305

Risk Metrics

Based on 5 years of daily returns

Metric RSP XLK
Annualized Volatility 16.2% 24.7%
Max Drawdown -22.5% -34.0%
Sharpe Ratio 0.18 0.51

Dividend Comparison

Metric RSP XLK
Annual Dividend (per share) $3.12 $0.77
Dividend Yield 1.58% 0.54%
Distribution Frequency Quarterly Quarterly

Top Holdings

0 of top 10 holdings overlap (0% overlap in top holdings)

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%

XLK Top Holdings

NameWeight
NVIDIA CorporationNVDA15.30%
Apple Inc.AAPL13.10%
Microsoft CorporationMSFT9.49%
Broadcom Inc.AVGO5.76%
Micron Technology, Inc.MU3.96%
Advanced Micro Devices, Inc.AMD3.22%
Cisco Systems, Inc.CSCO2.74%
Lam Research CorporationLRCX2.69%
Applied Materials, Inc.AMAT2.63%
Palantir Technologies Inc.PLTR2.49%

Which One Should You Choose?

Choose XLK if...

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

Choose XLK 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.

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