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RSP vs. AGG

Invesco S&P 500 Equal Weight ETF

RSP
$--
vs

iShares Core U.S. Aggregate Bond ETF

AGG
$--

Correlation

0.26
RSPInvesco S&P 500 Equal Weight ETF
AGGiShares Core U.S. Aggregate Bond ETF

What is RSP?

The Invesco S&P 500 Equal Weight ETF (Fund) is based on the S&P 500 Equal Weight Index (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index equally weights the stocks in the S&P 500 Index. The Fund and the Index are rebalanced quarterly.

Snapshot
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RSP Invesco S&P 500 Equal Weight ETF
AGG iShares Core U.S. Aggregate Bond ETF
Inception date
Apr 24 2003
Sep 22 2003
Expense ratio
0.20%
0.03%
RSP has a higher expense ratio than AGG by 0.17%. This can indicate that it’s more expensive to invest in RSP than AGG.
Type
US Equities
US Bonds
RSP targets investing in US Equities, while AGG targets investing in US Bonds.
Fund owner
Invesco
Blackrock (iShares)
RSP is managed by Invesco, while AGG is managed by Blackrock (iShares).
Volume (1m avg. daily)
$616,655,599
$631,408,505
Both RSP and AGG are considered high-volume assets. They’re less likely to be affected by issues like slippage and failed orders on Composer than low-volume assets.
AUM
$40,657,630,595
$91,680,069,240
RSP has more assets under management than AGG by $51,022,438,645. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
S&P 500 Equal Weighted Index
Bloomberg US Aggregate Bond Index
RSP is based off of the S&P 500 Equal Weighted Index, while AGG is based off of the Bloomberg US Aggregate Bond Index
Inverse/Leveraged
No
No
RSP and AGG use the same leverage ratio. Inverse and leveraged ETFs can be used to either take an opposite position or amplify returns of a given index.
Passive/Active
Passive
Passive
RSP and AGG both use a Passive investing strategy. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.
Dividend
No
No
RSP and AGG may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
Neither RSP nor AGG require a K1.
When ETFs are uncorrelated, it’s common for them to be used as complements in a trading strategy. This means it makes sense to be holding both of them at the same time, or to use one as a hedge for the other.

Automated Strategies
Related toRSP

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

Automated Strategies
Related toAGG

#DPE

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Category

Getting Started, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic
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Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.