RSPE vs USCL: Grades, Fees and Holdings Compared

Invesco ESG S&P 500 Equal Weight ETF

RSPEBNYSE Arca

iShares Climate Conscious & Transition MSCI USA ETF

USCLANasdaq

Overlap

24.5%by weight

Expense ratio

USCL −0.12pt a year

RSPE0.20%USCL0.08%

Avg volume · 30D

USCL 1.5×the volume

RSPE8.57KUSCL13.1K

3Y return · a year

USCL +0.1pt

RSPE+20.0%USCL+20.1%

RSPE vs USCL Performance

Oct 31, 2025 – Nov 2, 2026

+23.6%RSPE+6.7%USCL

Expense ratio: RSPE 0.20%; USCL 0.08%, better
Fund size: RSPE $75M; USCL $2.77B
1Y total return: RSPE +23.6%, better; USCL +6.7%
Yield (12M): RSPE 1.39%, better; USCL 1.07%
Holdings: RSPE 187; USCL 394
Avg volume (30D): RSPE 8.57K sh; USCL 13.1K sh, better
NAV per share: RSPE $34.87; USCL $85.14
52W range

ETF.net Grade

Pillar letters and Scores for RSPE, USCL, with each pillar’s weight
Pillar	RSPE	USCL
Cost30% weight	C53	A99Higher
Mission25% weight	A97	Not scored
Risk15% weight	A73Higher	C52
Tradability15% weight	F23	A70Higher
Holdings10% weight	A79Higher	D35
Durability5% weight	D31	A70Higher

Rank among US ESG & Values Index funds

How we build Categories ›

Same Category. RSPE and USCL are both graded against the same 47 US ESG & Values Index funds, so their Grades compare head to head.

US ESG & Values Index⁠

Category · 47 funds

See all 47 ›

USCL ranks 8th and RSPE 18th of 47 funds in the US ESG & Values Index Category.

Rank 8AEVUSiShares ESG Aware MSCI USA Value ETFScore 73
Rank 8AUSCLiShares Climate Conscious & Transition MSCI USA ETFScore 73
Rank 8AUSXFiShares ESG Advanced MSCI USA ETFScore 73
Rank 18BAVSUAvantis Responsible U.S. Equity ETFScore 64
Rank 18BRSPEInvesco ESG S&P 500 Equal Weight ETFScore 64
Rank 18BSHEState Street SPDR MSCI USA Gender Diversity ETFScore 64

Our read on each fund

ETF.net Research

RSPEBInvesco ESG S&P 500 Equal Weight ETF

USCLAiShares Climate Conscious & Transition MSCI USA ETF

In short

RSPE Most ESG index funds still let a handful of mega-caps run the show. RSPE screens the S&P 500 for ESG leaders and then flattens the weights, so roughly 180 names each carry similar heft.

USCL Most ESG index funds work by exclusion. USCL scores roughly 400 US large and mid caps on where they're heading instead: emissions intensity, reduction targets, green revenue. And it charges 0.08% a year to do it.

Stated mandate

RSPE The fund seeks to track the S&P 500 Equal Weight ESG Leaders Select Index and generally invests at least 90% of assets in securities comprising that index.

USCL The Fund seeks to track an index of U.S. large- and mid-capitalization companies selected for their relative positioning on the transition to a low-carbon economy, using climate-related measures such as emissions intensity, reduction targets, green-business revenue, and climate-risk management.

Why people hold it

RSPE Equal weighting is the whole point: rather than a few mega-caps steering the portfolio, roughly 180 ESG-screened S&P 500 names each carry similar weight.
At 0.20% a year it comes in under the typical fund in its ESG peer group, which is unusual for a strategy that isn't plain cap-weighted.
The mandate is narrow and closely followed: at least 90% of assets in index constituents, and it hugs its benchmark about as tightly as anything in its peer group.

USCL At 0.08% a year, it matches the cheapest fund in its ESG cohort (XVV) and undercuts ESGV, SNPE, EFIV and ESGU.ishares.com
The index doesn't just screen out offenders. It selects on transition evidence: emissions intensity, reduction targets, green-business revenue, climate-risk management.ishares.com
About 400 US large and mid caps, so it reads as core equity exposure with a climate tilt, not a narrow clean-energy sector bet.
A multi-billion-dollar iShares fund that sticks tightly to the MSCI USA Extended Climate Action Index, one of the cleaner implementations in its peer group.

Worth knowing

RSPE The big cap-weighted ESG index funds cost less: XVV at 0.08%, SNPE and EFIV at 0.10%. Equal weighting carries a price premium here.
A smaller, thinly traded fund next to the household-name ESG ETFs, so bid-ask spreads can run wider, especially in fast markets.
Equal weights plus ESG screens leave a portfolio that looks quite different from the cap-weighted S&P 500, so its behavior can diverge from the headline index.

USCL Trading is thin for a fund this size, so spreads can widen. Limit orders are the standard tool here.
Climate scoring reshapes the sector and name mix, so results can diverge from a plain US large-cap index in either direction.
Launched in 2023, so its history is short next to the older ESG funds it competes with.

Full RSPE profile⁠

Full USCL profile⁠

RSPE vs USCL Holdings

How RSPE and USCL differ

Overlap by weight

24.5%

Shared holdings make up 81.2% of RSPE and 47.6% of USCL.

Level by level

Holdings151 in both24.5%
Sector11 Sectors67.9%
Countryby domicile99.5%
Asset classEquity100%

Sector

Sector weights in RSPE and USCL, widest gap first
Sector	More in RSPEMore in USCL	RSPE	USCL
Technology	USCL +23.4 points	18.4%	41.8%
Industrials	RSPE +9.6 points	16.4%	6.8%
Communication	USCL +6.6 points	3.9%	10.5%
Financials	RSPE +5.8 points	15.4%	9.6%
Real Estate	RSPE +5.2 points	6.9%	1.7%
Materials	RSPE +3.1 points	4.7%	1.6%
Health Care	RSPE +3.1 points	13.7%	10.6%
Consumer Staples	RSPE +2.8 points	7.0%	4.2%
Energy	USCL +2.1 points	0.0%	2.1%
Consumer Discretionary	RSPE +1.5 points	11.2%	9.7%
Utilities	RSPE +0.9 points	2.5%	1.6%

Country, concentration and asset class

Country by domicile

Country weights in RSPE and USCL, widest gap first
Country	More in RSPEMore in USCL	RSPE	USCL
United States	RSPE +0.1 points	99.4%	99.3%
China	RSPE +0.5 points	0.6%	0.1%
Switzerland	USCL +0.2 points	0.0%	0.2%
Brazil	USCL +0.1 points	0.0%	0.1%
Mexico	USCL +0.1 points	0.0%	0.1%
Canada	Same weight	0.0%	0.0%
United Kingdom	Same weight	0.0%	0.0%
Ireland	Same weight	0.0%	0.0%

Concentration

Weight in the 10 largest Holdings

RSPE7.0%
USCL44.8%

Securities held

RSPE186
USCL391

Asset class

RSPE: Equity
USCL: Equity

Holdings

Only in RSPE35
In both151
Only in USCL240

Only in RSPE

35 securities, 18.7% of RSPE by weight

Moderna Inc0.88%
Hasbro Inc0.72%
Charles River Laboratories International Inc0.70%
Norwegian Cruise Line Holdings Ltd0.64%
Kroger Co/The0.64%
Royal Caribbean Cruises Ltd0.64%
Ralph Lauren Corp0.63%
Pentair PLC0.62%
Host Hotels & Resorts Inc0.62%
Stanley Black & Decker Inc0.61%
MSCI Inc0.61%
Ball Corp0.59%
Becton Dickinson & Co0.59%
Southwest Airlines Co0.59%
Air Products and Chemicals Inc0.58%
Centene Corp0.58%
LyondellBasell Industries NV0.57%
Elevance Health Inc0.57%
Skydance Corp0.57%
ResMed Inc0.56%
Assurant Inc0.56%
Fiserv Inc0.55%
DaVita Inc0.55%
Aptiv PLC0.53%
BXP Inc0.53%
Federal Realty Investment Trust0.52%
Vivmark Residential0.51%
Healthpeak Properties Inc0.50%
Akamai Technologies Inc0.45%
Freeport-McMoRan Inc0.44%
Alexandria Real Estate Equities Inc0.43%
Mosaic Co/The0.38%
News Corp0.14%
Invesco Government & Agency Portfolio0.09%
Securities Lending - Bnym0.00%

Only in USCL

240 securities, 52.3% of USCL by weight

Apple9.51%
Amazon.com Inc4.37%
Broadcom Inc2.77%
Meta Platforms Class A2.54%
Tesla Inc2.15%
Eli Lilly2.13%
JPMorgan Chase & Co1.26%
Johnson & Johnson1.24%
Palantir Technologies Class A0.75%
Exxonmobil Holdings Corp0.73%
Procter & Gamble0.71%
UnitedHealth Group0.69%
Coca-Cola0.68%
Thermo Fisher Scientific0.49%
Netflix0.49%
Amgen Inc0.47%
Ge Aerospace0.44%
Applied Material Inc0.44%
Costco Wholesale Corp0.42%
Chevron0.41%
Analog Devices0.38%
Verizon Communications Inc0.35%
Mcdonalds Corp0.35%
Arista Networks0.34%
Nextera Energy0.33%
Pfizer0.33%
Oracle0.32%
BlackRock0.32%
Marvell Technology0.32%
Welltower0.31%
Morgan Stanley0.31%
Charles Schwab0.27%
Eaton PLC0.27%
Vertex Pharmaceuticals0.27%
Wells Fargo0.24%
Starbucks Corp0.22%
Automatic Data Processing Inc0.22%
Uber Technologies0.22%
Booking Holdings0.22%
Intuitive Surgical0.22%
Cme Group Class A0.21%
Citigroup0.20%
Snowflake0.19%
Amphenol Corp Class A0.18%
Marsh0.18%
Chubb0.18%
Dell Technologies Inc Class C0.18%
Conocophillips0.18%
Intuit0.18%
Elevance Health Inc0.17%

Weight gaps

The 100 widest of 151 Holdings in both funds.

Holding weights in RSPE and USCL, widest gap first
Holding	More in RSPEMore in USCL	RSPE	USCL
NVIDIA CorpNVDA	USCL +8.35 points	0.49%	8.84%
Microsoft CorpMSFT	USCL +6.35 points	0.57%	6.92%
Alphabet IncGOOGL	USCL +2.84 points	0.25%	3.08%
Alphabet IncGOOG	USCL +2.24 points	0.20%	2.44%
Advanced Micro Devices IncAMD	USCL +1.03 points	0.52%	1.55%
Visa IncV	USCL +0.68 points	0.61%	1.29%
Carnival Corp LtdCCL	RSPE +0.66 points	0.68%	0.02%
Dow IncDOW	RSPE +0.61 points	0.64%	0.03%
Ulta Beauty IncULTA	RSPE +0.59 points	0.64%	0.05%
GE HealthCare Technologies IncGEHC	RSPE +0.58 points	0.63%	0.05%
Veralto CorpVLTO	RSPE +0.58 points	0.63%	0.05%
Best Buy Co IncBBY	RSPE +0.56 points	0.59%	0.03%
Agilent Technologies IncA	RSPE +0.56 points	0.65%	0.09%
Autodesk IncADSK	RSPE +0.55 points	0.65%	0.10%
Cboe Global Markets IncCBOE	RSPE +0.55 points	0.62%	0.07%
eBay IncEBAY	RSPE +0.54 points	0.63%	0.09%
Verisk Analytics IncVRSK	RSPE +0.54 points	0.59%	0.05%
Williams-Sonoma IncWSM	RSPE +0.54 points	0.60%	0.06%
Otis Worldwide CorpOTIS	RSPE +0.54 points	0.59%	0.05%
Broadridge Financial Solutions IncBR	RSPE +0.53 points	0.57%	0.04%
Dover CorpDOV	RSPE +0.54 points	0.59%	0.05%
Kimco Realty CorpKIM	RSPE +0.53 points	0.56%	0.03%
Waters CorpWAT	RSPE +0.53 points	0.62%	0.09%
Ingersoll Rand IncIR	RSPE +0.53 points	0.59%	0.06%
NetApp IncNTAP	RSPE +0.53 points	0.58%	0.05%
Kimberly-Clark CorpKMB	RSPE +0.52 points	0.59%	0.07%
Nasdaq IncNDAQ	RSPE +0.52 points	0.61%	0.09%
WW Grainger IncGWW	RSPE +0.51 points	0.57%	0.06%
Kenvue IncKVUE	RSPE +0.52 points	0.59%	0.07%
Fifth Third BancorpFITB	RSPE +0.52 points	0.54%	0.02%
MetLife IncMET	RSPE +0.51 points	0.56%	0.05%
Keurig Dr Pepper IncKDP	RSPE +0.51 points	0.60%	0.09%
Arthur J Gallagher & CoAJG	RSPE +0.51 points	0.61%	0.10%
Tapestry IncTPR	RSPE +0.51 points	0.55%	0.04%
American International Group IncAIG	RSPE +0.51 points	0.59%	0.08%
Principal Financial Group IncPFG	RSPE +0.51 points	0.53%	0.02%
ON Semiconductor CorpON	RSPE +0.50 points	0.54%	0.04%
Expedia Group IncEXPE	RSPE +0.51 points	0.57%	0.06%
Kraft Heinz Co/TheKHC	RSPE +0.50 points	0.53%	0.03%
Cigna Group/TheCI	RSPE +0.51 points	0.58%	0.07%
SBA Communications CorpSBAC	RSPE +0.50 points	0.54%	0.04%
American Water Works Co IncAWK	RSPE +0.50 points	0.55%	0.05%
Republic Services IncRSG	RSPE +0.50 points	0.59%	0.09%
PayPal Holdings IncPYPL	RSPE +0.50 points	0.59%	0.09%
Gen Digital IncGEN	RSPE +0.50 points	0.53%	0.03%
Workday IncWDAY	RSPE +0.50 points	0.57%	0.07%
Huntington Bancshares Inc/OHHBAN	RSPE +0.50 points	0.51%	0.01%
Prudential Financial IncPRU	RSPE +0.49 points	0.53%	0.04%
Yum! Brands IncYUM	RSPE +0.50 points	0.58%	0.08%
Accenture PLCACN	RSPE +0.49 points	0.79%	0.30%
NIKE IncNKE	RSPE +0.49 points	0.56%	0.07%
Humana IncHUM	RSPE +0.49 points	0.56%	0.07%
Marriott International Inc/MDMAR	RSPE +0.49 points	0.65%	0.16%
Allstate Corp/TheALL	RSPE +0.48 points	0.55%	0.07%
Regeneron Pharmaceuticals IncREGN	RSPE +0.49 points	0.62%	0.13%
M&T Bank CorpMTB	RSPE +0.48 points	0.50%	0.01%
Exelon CorpEXC	RSPE +0.48 points	0.57%	0.09%
Iron Mountain IncIRM	RSPE +0.48 points	0.55%	0.07%
Cardinal Health IncCAH	RSPE +0.48 points	0.56%	0.08%
Eversource EnergyES	RSPE +0.47 points	0.52%	0.05%
Edwards Lifesciences CorpEW	RSPE +0.48 points	0.58%	0.10%
Aflac IncAFL	RSPE +0.47 points	0.58%	0.11%
United Rentals IncURI	RSPE +0.47 points	0.61%	0.14%
Hilton Worldwide Holdings IncHLT	RSPE +0.48 points	0.63%	0.15%
Lennox International IncLII	RSPE +0.47 points	0.49%	0.02%
McCormick & Co Inc/MDMKC	RSPE +0.47 points	0.49%	0.02%
Hershey Co/TheHSY	RSPE +0.47 points	0.52%	0.05%
Hartford Insurance Group Inc/TheHIG	RSPE +0.47 points	0.52%	0.05%
SempraSRE	RSPE +0.47 points	0.55%	0.08%
Northern Trust CorpNTRS	RSPE +0.46 points	0.49%	0.03%
Weyerhaeuser CoWY	RSPE +0.47 points	0.49%	0.02%
General Mills IncGIS	RSPE +0.47 points	0.50%	0.03%
Rockwell Automation IncROK	RSPE +0.46 points	0.55%	0.09%
Jabil IncJBL	RSPE +0.46 points	0.47%	0.01%
Hubbell IncHUBB	RSPE +0.46 points	0.50%	0.04%
Lowe's Cos IncLOW	RSPE +0.46 points	0.57%	0.11%
Ecolab IncECL	RSPE +0.46 points	0.60%	0.14%
Colgate-Palmolive CoCL	RSPE +0.44 points	0.58%	0.14%
TE Connectivity PLCTEL	RSPE +0.44 points	0.56%	0.12%
CBRE Group IncCBRE	RSPE +0.45 points	0.50%	0.05%
Carrier Global CorpCARR	RSPE +0.44 points	0.50%	0.06%
HP IncHPQ	RSPE +0.44 points	0.48%	0.04%
JB Hunt Transport Services IncJBHT	RSPE +0.43 points	0.44%	<0.01%
Crh PLCCRH	RSPE +0.44 points	0.55%	0.11%
State Street CorpSTT	RSPE +0.44 points	0.48%	0.04%
Target CorpTGT	RSPE +0.43 points	0.53%	0.10%
US BancorpUSB	RSPE +0.43 points	0.52%	0.09%
CH Robinson Worldwide IncCHRW	RSPE +0.43 points	0.45%	0.02%
Moody's CorpMCO	RSPE +0.42 points	0.56%	0.14%
Ford Motor CoF	RSPE +0.42 points	0.49%	0.07%
Take-Two Interactive Software IncTTWO	RSPE +0.43 points	0.49%	0.06%
NRG Energy IncNRG	RSPE +0.42 points	0.45%	0.03%
Xylem Inc/NYXYL	RSPE +0.42 points	0.46%	0.04%
Digital Realty Trust IncDLR	RSPE +0.42 points	0.51%	0.09%
Emerson Electric CoEMR	RSPE +0.42 points	0.59%	0.17%
Apollo Global Management IncAPO	RSPE +0.41 points	0.48%	0.07%
Waste Management IncWM	RSPE +0.40 points	0.58%	0.18%
Mondelez International IncMDLZ	RSPE +0.40 points	0.56%	0.16%
Keysight Technologies IncKEYS	RSPE +0.40 points	0.50%	0.10%
Intercontinental Exchange IncICE	RSPE +0.40 points	0.58%	0.18%

All 185 RSPE holdings⁠All 391 USCL holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

RSPE vs USCL Cost

Overpaying RSPE vs USCL

$2,466

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

RSPE 0.20%
$4,155
USCL 0.08%
$1,689

Amount$10,000

Years30 years

Cost over time

RSPE 0.20%
USCL 0.08%
Overpaying

Year by year

Year	RSPE	USCL	Overpaying
10	$365	$147	$218
20	$1,421	$575	$846
30	$4,155	$1,689	$2,466

Expense ratio

0.20%RSPE
0.08%USCL, cheaper

USCL0.08%RSPE0.20%

0.08%0.95%

Middle half of US ESG & Values Index funds
Median 0.25%

USCL cheapest of 47 funds

RSPE 21st cheapest of 47 funds

RSPE vs USCL Dividends

Last 12 months to Nov 2, 2026

Yield (12M): RSPE 1.39%, better; USCL 1.07%
Payout (12M): RSPE $0.49; USCL $0.91
Last payment: RSPE $0.13; USCL $0.20
Ex-dividend: RSPE Sep 21, 2026; USCL Sep 15, 2026
Paid on: RSPE Sep 25, 2026; USCL Sep 18, 2026
Frequency: RSPE Quarterly; USCL Quarterly

Distribution history

Per share, 2021 to 2026, same scale for both

RSPEQuarterly · 20 paymentsAll RSPE payments⁠

USCLQuarterly · 13 paymentsAll USCL payments⁠

RSPE vs USCL Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: RSPE 13.0%USCL 12.5%, better
Return per unit of riskSharpe ratio, 3 years: RSPE 1.18USCL 1.28, better
Worst fallMax drawdown, 5 years: RSPE −22.9%since Nov 2021USCL −19.0%since Jun 2023
Market sensitivityBeta, 5 years: RSPE 0.90USCL 1.01; Market = 1

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