RSP vs VOO: Fees, Returns & Holdings Compared

	Expense ratio	Net assets	Yield (TTM)	Overlap	1 yr	5 yr*
RSP	0.2%	$96.47B	1.45%	44%	+18.9%	+8.4%
VOO	0.03%	$1.67T	1.07%		+12.4%	+12.0%

At a glance

44% of RSP’s and VOO’s holdings overlap by weight, with 502 securities in common out of 504 and 506. RSP is an ordinary open-end ETF and VOO a share class of Vanguard 500 Index Fund, which also sells mutual fund shares. VOO costs less: 0.03% a year against 0.2% for RSP, or $30 against $200 on every $100,000. RSP has $96.47B in assets and VOO $1.67T (all share classes); over the past 12 months RSP paid out 1.45% of its price and VOO 1.07%, both quarterly. Over the past year RSP returned +18.9% and VOO +12.4% with distributions reinvested; over five years, +8.4% and +12.0% a year. In the 2022 bear market RSP fell 21.4% at its worst and VOO 24.5%; RSP was back at its earlier high 16 months after the low, VOO 14 months.

Key differences

	RSP	VOO
Fund	Invesco S&P 500® Equal Weight ETF	Vanguard S&P 500 ETF
Issuer	Invesco	Vanguard
Structure	Open-end ETF	ETF share class
Type	Equal weight	S&P 500
Launched	Apr 24, 2003	Sep 7, 2010
Expense ratio	0.2%	0.03%
Cost a year on $100,000	$200	$30
Net assets	$96.47B	$1.67T *
Holdings	504	506
Ten largest positions	2.6%	36.4%
Yield (12 months)	1.45%	1.07%
Pays	quarterly	quarterly
Portfolio turnover	27% a year	2% a year
Price data from	Jun 6, 2005	Jun 2, 2020

* VOO’s net assets are those of Vanguard 500 Index Fund, all share classes.

Holdings and overlap

Overlap by weight44%the share of each fund in holdings both own

Securities in common502RSP 504 · VOO 506 in all

Ten largest positions2.6% / 36.4%of assets, RSP / VOO

Overlap adds up, for every security both funds own, the smaller of its two weights: 100% would mean identical portfolios.

Largest holdings

Holding	RSP	VOO
NVIDIA Corp	0.19%	7.51%
Apple Inc	0.20%	6.59%
Microsoft Corp	0.23%	4.30%
Amazon.com Inc	0.22%	3.62%
Alphabet Inc Class A	0.11%	3.25%
Broadcom Inc	0.20%	2.77%
Alphabet Inc Class C	0.09%	2.59%
Micron Technology Inc	0.18%	2.02%
Meta Platforms Inc	0.19%	1.92%
Tesla Inc	0.16%	1.84%
PayPal Holdings, Inc.	0.27%	0.05%
Bio-Techne Corp.	0.27%	0.02%

The biggest differences in weight: NVIDIA Corp (0.2% in RSP, 7.5% in VOO); Apple Inc (0.2% in RSP, 6.6% in VOO); Microsoft Corp (0.2% in RSP, 4.3% in VOO).

By sector

Sector	RSP	VOO	Difference
Technology	9.7%	35.2%	VOO +25.5
Financials	11.4%	10.6%	RSP +0.8
Industrials	9.8%	6.8%	RSP +3.0
Communication services	2.5%	9.3%	VOO +6.8
Consumer discretionary	6.8%	9.1%	VOO +2.3
Health care	5.4%	7.1%	VOO +1.7
Utilities	4.5%	1.9%	RSP +2.6
Consumer staples	4.5%	4.4%	RSP +0.1
Energy	3.2%	2.7%	RSP +0.5
Real estate	3.0%	1.3%	RSP +1.7
Materials	2.6%	1.3%	RSP +1.3

Sectors of the companies each fund holds that have a stock page here (65.6% of RSP, 90.6% of VOO). Source: N-PORT holdings reports as of Jul 31, 2026 (RSP) and Jun 30, 2026 (VOO).

Returns

RSP VOO · $10,000 in each on Jun 30, 2020, distributions reinvested.

$10,000 put into RSP on Jun 30, 2020 was worth $23,762 on Oct 30, 2026, and in VOO $26,780 (+14.6% and +16.8% a year). That is as far back as the price data for both goes.

	1 yr	3 yr	5 yr	10 yr
RSP price data to Nov 2, 2026	+18.9%	+18.3%	+8.4%	+12.5%
RSP official prospectus, to Dec 31, 2025	+11.25%	—	+10.25%	+11.46%
VOO price data to Oct 30, 2026	+12.4%	+23.6%	+12.0%	—
VOO official prospectus, to Dec 31, 2025	+17.84%	—	+14.38%	+14.78%

Multi-year figures are annualized total returns with distributions reinvested. "Official" rows are the SEC-standard returns from each fund's prospectus, to the end of the last calendar year; they reach back further where the price data starts late. RSP: Price data starts 2005-06-06, after the fund's launch on 2003-04-24; figures "since start" cover the available history only. VOO: Price data starts 2020-06-02, after the fund's launch on 2010-09-07; figures "since start" cover the available history only.

Calendar years

Year	RSP	VOO	Difference
2026	+16.2% *	+11.8% *	RSP +4.4
2025	+11.2%	+17.8%	VOO +6.6
2024	+12.8%	+25.0%	VOO +12.2
2023	+13.7%	+26.3%	VOO +12.6
2022	-11.6%	-18.2%	RSP +6.6
2021	+29.4%	+28.8%	RSP +0.6
2020	+12.7%	+18.35% †
2019	+28.9%	+31.46% †
2018	-7.8%	-4.42% †
2017	+18.5%	—

Total returns from price data; † from the fund’s prospectus where the price data starts later; * year to Oct 30, 2026.

Downturns and recovery

	RSP	VOO
2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009	−59.2% at the worst; back at its high 23 months after the low	Before it launched
2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020	−39% at the worst; back at its high 8 months after the low	Not in the price data (starts Jun 2, 2020)
2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022	−21.4% at the worst; back at its high 16 months after the low	−24.5% at the worst; back at its high 14 months after the low
Worst fall in the price data	−59.9% (Jul 19, 2007 – Mar 9, 2009)	−24.5% (Jan 3, 2022 – Oct 12, 2022)

The deepest drop from a high to a low during each stretch when stocks fell, and how long the fund took to get back to its earlier high, with distributions reinvested. The price data starts Jun 6, 2005 for RSP and Jun 2, 2020 for VOO.

Income

RSP yield (12 months)1.45%paid quarterly

VOO yield (12 months)1.07%paid quarterly

Year	RSP	VOO
2025	$179	$131
2024	$168	$153
2023	$183	$181
2022	$157	$136
2021	$163	$158

Distributions paid during each calendar year on $10,000 of shares bought at the previous year-end close, adjusted for share splits. Before taxes.

Costs

VOO charges 0.03% a year and RSP 0.2%: on $100,000 that is $170 a year less with VOO ($850 on $500,000). The fee comes out of each fund's assets, so it is already in the returns above.

Cost of $10,000 (SEC example)	1 yr	3 yrs	5 yrs	10 yrs
RSP	$20	$64	$113	$255
VOO	$3	$10	$17	$39

From each fund's prospectus: the total costs on $10,000 invested, at a 5% yearly return, with the shares sold at the end of each period.

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