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RSPU vs XLU

Invesco S&P 500 Equal Weight Utilities ETF

RSPUCNYSE Arca

State Street Utilities Select Sector SPDR ETF

XLUANYSE Arca

Overlap

73.1%by weight

Expense ratio

XLU −0.32pt a year

RSPU0.40%XLU0.08%

Avg volume · 30D

XLU 459.2×the volume

RSPU52KXLU23.9M

10Y return · a year

RSPU +0.5pt

RSPU+9.7%XLU+9.2%

RSPU vs XLU Performance

Oct 29, 2021 – Oct 30, 2026

+65.0%RSPU+50.7%XLU

Oct 29, 2021 to Oct 30, 2026. RSPU +65.0%. XLU +50.7%. Use the arrow keys to read each point.0%20%40%80%Oct 2021Apr 2024Oct 2026
Expense ratio
RSPU 0.40%
XLU 0.08%, better
Fund size
RSPU $530M
XLU $24.2B
1Y total return
RSPU +2.5%, better
XLU +0.3%
Yield (12M)
RSPU 2.65%
XLU 2.79%, better
Holdings
RSPU 33
XLU 34
Avg volume (30D)
RSPU 52K sh
XLU 23.9M sh, better
NAV per share
RSPU $77.15
XLU $43.15
52W range

ETF.net Grade

RSPU: Cost 27, Risk 49, Mission 84, Tradability 49, Holdings 81, Durability 49. XLU: Cost 90, Risk 39, Mission 87, Tradability 90, Holdings 36, Durability 76.
Pillar letters and Scores for RSPU, XLU, with each pillar’s weight
PillarRSPUXLU
Cost30% weightD27A90Higher
Mission25% weightA84A87Higher
Risk15% weightC49HigherD39
Tradability15% weightC49A90Higher
Holdings10% weightA81HigherD36
Durability5% weightC49A76Higher

Rank among Utilities (Broad) funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. RSPU and XLU are both graded against the same 10 Utilities (Broad) funds, so their Grades compare head to head.

Utilities (Broad)⁠

Category · 10 funds
See all 10 ›

XLU ranks 1st and RSPU 6th of 10 funds in the Utilities (Broad) Category.

  1. Rank 1AFUTYFidelity MSCI Utilities Index ETFScore 75
  2. Rank 1AXLUState Street Utilities Select Sector SPDR ETFScore 75
  3. Rank 3BVPUVanguard Utilities ETFScore 66
  4. Rank 5BIDUiShares U.S. Utilities ETFScore 59
  5. Rank 6CRSPUInvesco S&P 500 Equal Weight Utilities ETFScore 54
  6. Rank 7CPSCUInvesco S&P SmallCap Utilities & Communication Services ETFScore 45

Our read on each fund

ETF.net Research

RSPUCInvesco S&P 500 Equal Weight Utilities ETF

XLUAState Street Utilities Select Sector SPDR ETF

In short

RSPU Utilities without one giant hogging the wheel. RSPU equal-weights the S&P 500's utility stocks, so a mid-sized water company carries about the same load as the biggest power name. It has been running this way since 2006.

XLU One of the original sector ETFs (1998), XLU is the plain way to own the S&P 500's utilities: roughly 30 electric, gas and water names, eight basis points a year, and one of the deepest trading markets in the category.

Stated mandate

RSPU The fund seeks to track an index that equally weights the common stocks of S&P 500 companies classified in the utilities sector.

XLU The fund seeks to track, before expenses, the price and yield performance of the Utilities Select Sector Index.

Why people hold it

  • RSPU Equal weighting is the whole point: roughly 30 S&P 500 utilities each get about the same slice, so no single mega-cap utility dominates the portfolio.invesco.com
  • It does what the label says: S&P 500 utilities, index-tracked, no derivatives or off-menu holdings, and it has stayed close to its benchmark.
  • A long track record for a niche idea. Launched in 2006, it pays distributions quarterly.
  • XLU 0.08% a year, against a utilities-fund median closer to 0.37%. Only FUTY matches it; VPU sits a basis point behind.
  • Among the most actively traded funds in its category, with a market that has been running since 1998.
  • A straight index build: it holds the utilities slice of the S&P 500 and tracks that index closely. Pays quarterly.ssga.com
  • Cheap, liquid and tightly run, it stands among the strongest implementations in the broad utilities group.

Worth knowing

  • RSPU The equal-weight build carries a price: 0.40% a year, versus the cheapest utilities trackers in the group (XLU, FUTY, VPU), which charge well under a tenth of a percent.
  • It trades thinly next to the household-name utilities funds, which can mean wider bid-ask spreads.
  • One sector, about 30 names, concentrated by design. Flat weighting also leans harder on smaller utilities than a size-weighted fund does.
  • XLU About 30 names, all S&P 500 members. The largest utilities carry real weight, and mid and small caps sit outside the mandate; FUTY and VPU cast a wider net.ssga.com
  • One sector, one country. It moves with US utilities rather than the broad market, and that concentration cuts both ways.
  • Cash lands quarterly, not monthly, which matters if you are timing income.

Full RSPU profile⁠

Full XLU profile⁠

RSPU vs XLU Holdings

How RSPU and XLU differ

Overlap by weight

73.1%

Shared holdings make up 99.9% of RSPU and 99.8% of XLU.

Level by level

  • Holdings31 in both73.1%
  • Asset classEquity100%
  • Countryby domicile100%
  • Sector1 Sector100%

Sector

Sector weights in RSPU and XLU, widest gap first
SectorMore in RSPUMore in XLU
UtilitiesSame weight

Country, concentration and asset class

Country by domicile

Country weights in RSPU and XLU, widest gap first
CountryMore in RSPUMore in XLU
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • RSPU33.7%
  • XLU58.7%

Securities held

  • RSPU32
  • XLU32

Asset class

RSPU
Equity
XLU
Equity

Holdings

  • Only in RSPU1
  • In both31
  • Only in XLU1

Only in RSPU

1 security, 0.1% of RSPU by weight

  • Invesco Government & Agency Portfolio0.06%

Only in XLU

1 security, 0.0% of XLU by weight

  • Xau Utilities DEC26<0.01%

Weight gaps

All 31 Holdings in both funds, largest gap first.

Holding weights in RSPU and XLU, widest gap first
HoldingMore in RSPUMore in XLU
NextEra Energy IncNEEXLU +9.48 points
Southern Co/TheSOXLU +4.55 points
Duke Energy CorpDUKXLU +3.93 points
Constellation Energy CorpCEGXLU +3.58 points
Pinnacle West Capital CorpPNWRSPU +2.53 points
AES Corp/TheAESRSPU +2.44 points
Alliant Energy CorpLNTRSPU +1.96 points
American Electric Power Co IncAEPXLU +1.90 points

All 32 RSPU holdings⁠All 31 XLU 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.

RSPU vs XLU Cost

Overpaying RSPU vs XLU

$6,401

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

  • RSPU 0.40%

    $8,090

  • XLU 0.08%

    $1,689

$10,000
30 years

Cost over time

  • RSPU 0.40%
  • XLU 0.08%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530RSPU $8,090XLU $1,689

Year by year

YearRSPUXLUOverpaying
10$723$147$576
20$2,793$575$2,218
30$8,090$1,689$6,401

Expense ratio

  • 0.40%RSPU
  • 0.08%XLU, cheaper
  • Middle half of Utilities (Broad) funds
  • Median 0.33%

XLU cheapest of 10 funds

RSPU 8th cheapest of 10 funds

RSPU vs XLU Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
RSPU 2.65%
XLU 2.79%, better
Payout (12M)
RSPU $2.04
XLU $1.21
Last payment
RSPU $0.51
XLU $0.30
Ex-dividend
RSPU Sep 21, 2026
XLU Sep 21, 2026
Paid on
RSPU Sep 25, 2026
XLU Sep 23, 2026
Frequency
RSPU Quarterly
XLU Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

RSPUQuarterly · 39 paymentsAll RSPU payments⁠
One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 17, 2017 $0.35; Jun 16, 2017 $0.32; Sep 15, 2017 $0.34; Dec 15, 2017 $0.32; Mar 16, 2018 $0.41; Jun 15, 2018 $0.32; Sep 24, 2018 $0.37; Dec 24, 2018 $0.27; Mar 18, 2019 $0.34; Jun 24, 2019 $0.35; Sep 23, 2019 $0.34; Dec 23, 2019 $0.32; Mar 23, 2020 $0.35; Jun 22, 2020 $0.41; Sep 21, 2020 $0.39; Dec 21, 2020 $0.32; Mar 22, 2021 $0.38; Jun 21, 2021 $0.30; Sep 20, 2021 $0.40; Dec 20, 2021 $0.30; Mar 21, 2022 $0.33; Jun 21, 2022 $0.32; Sep 19, 2022 $0.40; Dec 19, 2022 $0.32; Mar 20, 2023 $0.30; Jun 20, 2023 $0.37; Sep 18, 2023 $0.46; Dec 18, 2023 $0.46; Mar 18, 2024 $0.33; Jun 24, 2024 $0.37; Sep 23, 2024 $0.46; Dec 23, 2024 $0.42; Mar 24, 2025 $0.46; Jun 23, 2025 $0.46; Sep 22, 2025 $0.49; Dec 22, 2025 $0.48; Mar 23, 2026 $0.54; Jun 22, 2026 $0.51; Sep 21, 2026 $0.51. Use the arrow keys to read each point.$0$0.502017202020232026YTD
XLUQuarterly · 39 paymentsAll XLU payments⁠
One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 17, 2017 $0.19; Jun 16, 2017 $0.22; Sep 15, 2017 $0.21; Dec 15, 2017 $0.26; Mar 16, 2018 $0.19; Jun 15, 2018 $0.22; Sep 21, 2018 $0.24; Dec 21, 2018 $0.23; Mar 15, 2019 $0.22; Jun 21, 2019 $0.24; Sep 20, 2019 $0.25; Dec 20, 2019 $0.25; Mar 23, 2020 $0.24; Jun 22, 2020 $0.24; Sep 21, 2020 $0.25; Dec 21, 2020 $0.26; Mar 22, 2021 $0.23; Jun 21, 2021 $0.25; Sep 20, 2021 $0.25; Dec 20, 2021 $0.27; Mar 21, 2022 $0.23; Jun 21, 2022 $0.26; Sep 19, 2022 $0.25; Dec 19, 2022 $0.29; Mar 20, 2023 $0.24; Jun 20, 2023 $0.27; Sep 18, 2023 $0.26; Dec 18, 2023 $0.30; Mar 18, 2024 $0.26; Jun 24, 2024 $0.28; Sep 23, 2024 $0.27; Dec 23, 2024 $0.31; Mar 24, 2025 $0.28; Jun 23, 2025 $0.28; Sep 22, 2025 $0.28; Dec 22, 2025 $0.32; Mar 23, 2026 $0.31; Jun 22, 2026 $0.28; Sep 21, 2026 $0.30. Use the arrow keys to read each point.$0$0.502017202020232026YTD

RSPU vs XLU Risk

Fall from peak · 5 years

  • RSPU
  • XLU
Oct 29, 2021 to Oct 30, 2026. Worst fall: XLU −25.3% · Oct 2023. Use the arrow keys to read each point.−20%−15%−10%−5%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
RSPU 15.6%, betterXLU 16.0%
Return per unit of riskSharpe ratio, 3 years
RSPU 0.86, betterXLU 0.77
Worst fallMax drawdown, 5 years
RSPU −21.9%, betterXLU −25.3%
Market sensitivityBeta, 5 years
RSPU 0.45XLU 0.49

RSPU and XLU in the news

All news⁠

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