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RSP vs. ONEQ

Invesco S&P 500 Equal Weight ETF

RSP
$
Today’s Change
()
vs

Fidelity Nasdaq Composite Index ETF

ONEQ
$
Today’s Change
()

Correlation

1M
3M
6M
YTD
1Y
3Y
Max

Performance Measures**

for the time period Apr 30, 2003 to Dec 5, 2025

Returns

1M Trailing Return:

3M Trailing Return:

RSP

2.5%

2.3%

ONEQ

0.4%

8.8%

Diff.

+2.1%

-6.5%

Measures of Risk or Volatility

Max Drawdown:

Standard Deviation:

RSP

-59.9%

19.9%

ONEQ

-55.1%

21.0%

Diff.

-4.8%

-1.1%

Measures of Risk-Adjusted Performance

Sharpe Ratio:

Calmar Ratio:

RSP

0.63

0.19

ONEQ

0.70

0.24

Diff.

-0.07

-0.05

RSPInvesco S&P 500 Equal Weight ETF
ONEQFidelity Nasdaq Composite Index 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
ONEQ Fidelity Nasdaq Composite Index ETF
Inception date
Apr 24, 2003
Sep 25, 2003
Expense ratio
0.2%
0.21%
RSP has a lower expense ratio than ONEQ by 0.00%. This can indicate that it’s cheaper to invest in RSP than ONEQ.
Type
US Equities
US Equities
RSP targets investing in US Equities, while ONEQ targets investing in US Equities.
Fund owner
Invesco
Fidelity
RSP is managed by Invesco, while ONEQ is managed by Fidelity.
Volume (1m avg. daily)
$616,655,599
$10,883,307
Both RSP and ONEQ 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
$4,819,359,830
RSP has more assets under management than ONEQ by $35,838,270,765. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
S&P 500 Equal Weighted Index
NASDAQ Composite Index
RSP is based off of the S&P 500 Equal Weighted Index, while ONEQ is based off of the NASDAQ Composite Index
Inverse/Leveraged
No
No
Neither RSP nor ONEQ use an inverse or leveraged strategy.
Passive/Active
Passive
Passive
RSP and ONEQ 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 ONEQ may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
Neither RSP nor ONEQ require a K1.

Trading Strategies
Related toRSP

Michael B Meets Dalio w/ Pop Bots 2.1.0

Category

Multi-asset, trend-following, momentum, risk-managed, sector rotation, commodities, bonds, leveraged ETFs, volatility hedge

OOS Cumulative Return

124.27%

Trading Strategies
Related toONEQ

V1a Hello Algo World! + Gold/Cash USDU

Category

Tactical asset allocation, Trend-following, Momentum, Macro signals, Multi-asset, Risk-managed, Daily rebalance

OOS Cumulative Return

90.11%

Create your own algorithmic
trading strategy

Disclaimers

*

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.