Dividend comparison
FXAIX vs RSP: Which Is Better?
Fees, yield, total returns, drawdowns, holdings overlap and dividend history for Fidelity 500 Index Fund and Invesco S&P 500 Equal Weight ETF, side by side. Updated October 21, 2026.
FXAIX vs RSP: key differences
The short answer, from the latest data on this page.
- Income. RSP pays more income, yielding 1.47% over the last twelve months versus 1.04% for FXAIX. That is about $43 more a year on $10,000. Both pay quarterly.
- Performance. Over the last 5 years, FXAIX returned 80.4% versus 48.0% for RSP, with dividends reinvested. $10,000 would have grown to $18,039 in FXAIX and $14,802 in RSP.
- Risk. FXAIX has been the bumpier ride. Its worst peak-to-trough decline over the last 5 years was -24.5%, against -21.4% for RSP.
- Diversification. RSP holds 505 positions and FXAIX holds 100. The ten largest positions make up 37.8% of FXAIX and 2.6% of RSP.
- Overlap. At least 5% of the two portfolios overlap by weight, across 24 shared holdings. They mostly own different companies, so they can complement each other.
- Dividend growth. RSP grew its yearly payout 10.9% a year over the last 4 years, versus 7.0% for FXAIX.
Bottom line: FXAIX fits better if you care most about stronger 5-year returns. RSP fits better if you care most about more income today, smaller drawdowns, faster dividend growth and broader diversification.
Side-by-side snapshot
Trailing twelve-month figures where available. Higher yield is highlighted — not a buy recommendation.
| Metric | FXAIX Fidelity 500 Index Fund | RSP Invesco S&P 500 Equal Weight ETF |
|---|---|---|
| Dividend yield (TTM) | 1.04% | 1.47% |
| Dividend / share (TTM) | $2.80 | $3.18 |
| Payout frequency | Quarterly | Quarterly |
| Last dividend | $0.7130 on Oct 5, 2026 | $0.7951 on Sep 25, 2026 |
| Ex-dividend date | Oct 2, 2026 | Sep 21, 2026 |
| Dividend growth (CAGR) | 7.0% over 4 yrs | 10.9% over 4 yrs |
| Price | $268.06 | $215.86 |
| Dividend growth streak | 4 years | 4 years |
| Beta | 1.00 | 0.93 |
| Max drawdown (5Y) | -24.5% | -21.4% |
| Market cap | $857.59B | $98.94B |
| Exchange | NASDAQ | AMEX |
| Expense ratio | — | 0.20% |
| Assets under management | — | $98.07B |
| Number of holdings | 100 | 505 |
| Top 10 concentration | 37.8% | 2.6% |
Income on a $10,000 investment
Illustrative only — assumes current TTM yield stays constant. Actual distributions change.
FXAIX
$8.71/mo
$104 /yr at 1.04% yield
RSP
$12.28/mo
$147 /yr at 1.47% yield
Dividend history
Total dividends paid per share in each calendar year. FXAIX pays quarterly; RSP pays quarterly.
| Year | FXAIX | RSP |
|---|---|---|
| 2025 | $2.6480 | $3.1363 |
| 2024 | $2.5430 | $2.6580 |
| 2023 | $2.4010 | $2.5802 |
| 2022 | $2.2560 | $2.5650 |
| 2021 | $2.0190 | $2.0770 |
Strategy: Broad index
Low-cost funds that hold an entire market or index at market-cap weights and make no attempt to select securities. Return is the index return less a small fee, and dividends are a by-product of what the underlying companies choose to pay rather than an objective of the strategy. Differences between funds tracking the same index usually come down to fee, wrapper structure, share price and trading liquidity, not to holdings.
Current income is low and outside your control, so these need pairing with something else if the portfolio has to produce cash today.
Performance
Total returns with dividends reinvested, from the adjusted closing price series. $10,000 invested on Oct 20, 2021 would now be worth $18,039 in FXAIX and $14,802 in RSP.
| Period | FXAIX | RSP |
|---|---|---|
| 1 month | 0.61% | 2.07% |
| 3 months | 3.42% | 2.00% |
| Year to date | 12.76% | 14.04% |
| 1 year | 14.54% | 15.49% |
| 3 years | 87.63% | 64.77% |
| 5 years | 80.39% | 48.02% |
- FXAIX
- RSP
Both series indexed to 100 on 2021-10-20 using the adjusted closing price series. Past performance does not guarantee future results.
Sector allocation
Weight of each sector within the fund. Sectors are aligned on the same row so the two funds can be read against each other directly.
- FXAIX
- RSP
FXAIX vs RSP holdings overlap
At least 5% overlap by weight, with 24 holdings in common. Overlap adds up the smaller of the two weights for every stock both funds own, so 100% would mean identical portfolios.
| Largest shared holdings | FXAIX weight | RSP weight |
|---|---|---|
| ABBVAbbVie Inc | 0.68% | 0.23% |
| TMOThermo Fisher Scientific Inc | 0.35% | 0.23% |
| WMTWalmart Inc | 0.69% | 0.22% |
| TJXTJX Cos Inc/The | 0.22% | 0.23% |
| LLYEli Lilly & Co | 1.38% | 0.22% |
| PGProcter & Gamble Co/The | 0.51% | 0.22% |
| PMPhilip Morris International Inc | 0.44% | 0.22% |
| AMGNAmgen Inc | 0.35% | 0.22% |
| PLTRPalantir Technologies Inc Class A | 0.65% | 0.22% |
| VVisa Inc Class A | 0.95% | 0.22% |
Top 10 holdings
Largest positions by portfolio weight.
FXAIX100 holdings total
Quick verdict
FXAIX fits better if you care most about stronger 5-year returns. RSP fits better if you care most about more income today, smaller drawdowns, faster dividend growth and broader diversification. Model the holding inside your real portfolio before deciding.
Still deciding? Compare them in your portfolio
Forecast dividend income, track payouts, and see how FXAIX vs RSP fits with the rest of your holdings. Free to start — no credit card required for the trial.
Frequently asked questions
Is FXAIX or RSP better for dividend income?
It depends on your goals. FXAIX currently yields 1.04% Trailing Twelve Months (TTM) while RSP yields 1.47%. Higher yield means more current income per dollar invested, but may come with different risk, growth, or NAV characteristics. Compare total return and payout sustainability — not just the headline yield.
What is the difference between FXAIX and RSP?
Fidelity 500 Index Fund (FXAIX) is an ETF listed on NASDAQ. Invesco S&P 500 Equal Weight ETF (RSP) is an ETF listed on AMEX. Side-by-side metrics on this page cover yield, fees, returns, drawdowns, holdings overlap and dividend history when available.
Which has performed better, FXAIX or RSP?
Over the last 5 years, FXAIX has the higher total return with dividends reinvested: FXAIX returned 80.4% and RSP returned 48.0%. Past performance does not predict future returns.
Which is riskier, FXAIX or RSP?
Measured by the worst peak-to-trough decline over the last five years, FXAIX has been riskier: FXAIX fell as much as 24.5% and RSP as much as 21.4%. Their betas are 1.00 and 0.93.
How much do FXAIX and RSP overlap?
At least 5% of the two portfolios overlap by weight, across 24 shared holdings. The largest shared positions are ABBV, TMO, WMT. Holding both still adds meaningful diversification.
How often do FXAIX and RSP pay dividends?
Both pay quarterly. The most recent payments were $0.7130 for FXAIX and $0.7951 for RSP.
How much income does $10,000 in FXAIX vs RSP generate?
At current TTM yields, $10,000 in FXAIX would generate roughly $8.71 per month ($104 annually). The same amount in RSP would produce about $12.28 per month ($147 annually). Actual payouts vary with distribution changes and reinvestment.
Can I hold both FXAIX and RSP?
Yes. Many income investors hold both to diversify strategy or index exposure. Whether the combination actually diversifies depends on overlapping holdings and factor exposure. Model both inside Dividend Wealth to see combined income, sector mix, and forecast impact.
Where can I compare FXAIX vs RSP with my full portfolio?
Create a free Dividend Wealth account to import or enter holdings, forecast dividend income, and see how FXAIX and RSP fit alongside the rest of your portfolio. A 14-day free trial of Standard is available with no credit card required; a limited Free plan is also available.
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For informational and educational purposes only. Not investment advice. Past performance and current yields do not guarantee future results. Verify figures independently before making investment decisions.