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VOOG vs. RSP

Vanguard S&P 500 Growth ETF

VOOG
$--
vs

Invesco S&P 500 Equal Weight ETF

RSP
$--

Correlation

0.89
VOOGVanguard S&P 500 Growth ETF
RSPInvesco S&P 500 Equal Weight ETF

What is VOOG?

Invests in stocks in the Standard & Poor s 500 Growth Index composed of the growth companies in the S&P 500. Focuses on closely tracking the index s return which is considered a gauge of overall U.S. growth stock returns. Offers high potential for investment growth; share value rises and falls more sharply than that of funds holding bonds. More appropriate for long-term goals where your money s growth is essential.

Snapshot
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VOOG Vanguard S&P 500 Growth ETF
RSP Invesco S&P 500 Equal Weight ETF
Inception date
Sep 07 2010
Apr 24 2003
Expense ratio
0.10%
0.20%
VOOG has a lower expense ratio than RSP by 0.1%. This can indicate that it’s cheaper to invest in VOOG than RSP.
Type
US Equities
US Equities
VOOG targets investing in US Equities, while RSP targets investing in US Equities.
Fund owner
Vanguard
Invesco
VOOG is managed by Vanguard, while RSP is managed by Invesco.
Volume (1m avg. daily)
$22,452,340
$616,655,599
Both VOOG and RSP 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
$7,799,701,323
$40,657,630,595
VOOG has more assets under management than RSP by $32,857,929,272. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
S&P 500 Growth Index
S&P 500 Equal Weighted Index
VOOG is based off of the S&P 500 Growth Index, while RSP is based off of the S&P 500 Equal Weighted Index
Inverse/Leveraged
No
No
VOOG and RSP 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
VOOG and RSP 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
VOOG and RSP may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
Neither VOOG nor RSP require a K1.
VOOG and RSP’s Correlation
When ETFs are correlated, there are 3 main topics to analyze that will help you build your automated trading strategy: liquidity, expense, and risk.
  • Liquidity: In an active trading strategy (trading multiple time per week), it’s important to consider the liquidity of the ETF you’re using. Lower liquidity can mean more money lost in slippage. AUM and average daily volume are both indicators of liquidity.
  • Expense: Some ETFs are more expensive to use than others. For strategies that are focused on longer holding periods, it’s important to factor in how expensive it is to hold this ETF. Expense ratio is the main indicator of how expensive an ETF is.
  • Risk: Some ETFs will be highly correlated, but have varying degrees of returns, due to leverage. It’s important to consider if an ETF is using leverage or not. The main indicators of a riskier ETF will be the use of leverage and higher standard deviation or max drawdown in a backtest.

Automated Strategies
Related toVOOG

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Automated Strategies
Related toRSP

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

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.

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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.