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RSP vs. SCHB

Invesco S&P 500 Equal Weight ETF

RSP
$--
vs

Schwab U.S. Broad Market ETF

SCHB
$--

Correlation

RSPInvesco S&P 500 Equal Weight ETF
SCHBSchwab U.S. Broad 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
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RSP Invesco S&P 500 Equal Weight ETF
SCHB Schwab U.S. Broad Market ETF
Inception date
Apr 24, 2003
Nov 3, 2009
Expense ratio
0.20%
0.03%
RSP has a higher expense ratio than SCHB by 0.17%. This can indicate that it’s more expensive to invest in RSP than SCHB.
Type
US Equities
US Equities
RSP targets investing in US Equities, while SCHB targets investing in US Equities.
Fund owner
Invesco
Schwab
RSP is managed by Invesco, while SCHB is managed by Schwab.
Volume (1m avg. daily)
$616,655,599
$35,304,784
Both RSP and SCHB 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
$22,376,795,984
RSP has more assets under management than SCHB by $18,280,834,611. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
S&P 500 Equal Weighted Index
Dow Jones U.S. Broad Stock Market Index
RSP is based off of the S&P 500 Equal Weighted Index, while SCHB is based off of the Dow Jones U.S. Broad Stock Market Index
Inverse/Leveraged
No
No
RSP and SCHB 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 SCHB 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 SCHB may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
Neither RSP nor SCHB require a K1.

Automated Strategies
Related toRSP

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

Automated Strategies
Related toSCHB

#WIR

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Category

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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.

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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.