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RSP vs. BND

Invesco S&P 500 Equal Weight ETF

RSP
$--
vs

Vanguard Total Bond Market ETF

BND
$--

Correlation

0.25
RSPInvesco S&P 500 Equal Weight ETF
BNDVanguard Total Bond Market 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
**

RSP Invesco S&P 500 Equal Weight ETF
BND Vanguard Total Bond Market ETF
Inception date
Apr 24 2003
Apr 03 2007
Expense ratio
0.20%
0.03%
RSP has a higher expense ratio than BND by 0.17%. This can indicate that it’s more expensive to invest in RSP than BND.
Type
US Equities
US Bonds
RSP targets investing in US Equities, while BND targets investing in US Bonds.
Fund owner
Invesco
Vanguard
RSP is managed by Invesco, while BND is managed by Vanguard.
Volume (1m avg. daily)
$616,655,599
$433,296,798
Both RSP and BND 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
$94,675,540,467
RSP has more assets under management than BND by $54,017,909,872. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
S&P 500 Equal Weighted Index
Bloomberg U.S. Aggregate Float Adjusted Index
RSP is based off of the S&P 500 Equal Weighted Index, while BND is based off of the Bloomberg U.S. Aggregate Float Adjusted Index
Inverse/Leveraged
No
No
RSP and BND 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 BND 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 BND may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
Neither RSP nor BND 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 toBND

#PTAC

Pick the Trending Asset Class

Category

Momentum, Tactical Asset Allocation, Be Risk Aware, Ride the Momentum

Risk Rating

Moderate

Create your own algorithmic
trading strategy

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.