Dividend comparison

IVV vs RSP: Which Is Better?

Fees, yield, total returns, drawdowns, holdings overlap and dividend history for iShares Core S&P 500 ETF and Invesco S&P 500 Equal Weight ETF, side by side. Updated October 21, 2026.

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IVV vs RSP: key differences
The short answer, from the latest data on this page.
  • Fees. IVV is cheaper at 0.03% a year versus 0.20% for RSP. On $10,000 that is $17 a year less in fees.
  • Income. RSP pays more income, yielding 1.47% over the last twelve months versus 1.09% for IVV. That is about $39 more a year on $10,000. Both pay quarterly.
  • Performance. Over the last 5 years, IVV returned 80.1% versus 48.0% for RSP, with dividends reinvested. $10,000 would have grown to $18,014 in IVV and $14,802 in RSP.
  • Risk. IVV 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 IVV holds 504. The ten largest positions make up 38.6% of IVV and 2.6% of RSP.
  • Overlap. At least 6% of the two portfolios overlap by weight, across 28 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 8.8% for IVV.
  • Size. IVV is the larger fund with $883.7 billion in assets, against $98.1 billion for RSP.

Bottom line: IVV fits better if you care most about lower fees and stronger 5-year returns. RSP fits better if you care most about more income today, smaller drawdowns and faster dividend growth.

Side-by-side snapshot
Trailing twelve-month figures where available. Higher yield is highlighted — not a buy recommendation.
MetricIVV
iShares Core S&P 500 ETF
RSP
Invesco S&P 500 Equal Weight ETF
Dividend yield (TTM)1.09%1.47%
Dividend / share (TTM)$8.40$3.18
Payout frequencyQuarterlyQuarterly
Last dividend$2.2026 on Sep 18, 2026$0.7951 on Sep 25, 2026
Ex-dividend dateSep 15, 2026Sep 21, 2026
Dividend growth (CAGR)8.8% over 4 yrs10.9% over 4 yrs
Price$772.35$215.86
Dividend growth streak4 years4 years
Beta1.000.93
Max drawdown (5Y)-24.5%-21.4%
Market cap$880.18B$98.94B
ExchangeAMEXAMEX
Expense ratio0.03%0.20%
Assets under management$883.68B$98.07B
Number of holdings504505
Top 10 concentration38.6%2.6%
Income on a $10,000 investment
Illustrative only — assumes current TTM yield stays constant. Actual distributions change.

IVV

$9.06/mo

$109 /yr at 1.09% yield

RSP

$12.28/mo

$147 /yr at 1.47% yield

Dividend history
Total dividends paid per share in each calendar year. IVV pays quarterly; RSP pays quarterly.
YearIVVRSP
2025$8.0399$3.1363
2024$7.6453$2.6580
2023$6.8988$2.5802
2022$6.3933$2.5650
2021$5.7272$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.

What IVV vs RSP actually do

IVV
BlackRock's iShares S&P 500 fund, tracking the same index as its Vanguard and State Street rivals.

It holds the full index at market-cap weights and, like VOO, is structured as an open-end fund, so it can reinvest income internally and lend out securities. Differences against the other S&P 500 trackers come down to fee, share price, spread and where the fund trades commission-free, not to what is inside it. Tracking difference between the cheap S&P 500 funds is small enough that platform and tax considerations usually decide the choice.

Suits an investor who wants core S&P 500 exposure and already holds other iShares funds or trades on a platform where iShares is cheapest. There is no income case for it beyond the index's own dividends.

Core holding

Performance
Total returns with dividends reinvested, from the adjusted closing price series. $10,000 invested on Oct 20, 2021 would now be worth $18,014 in IVV and $14,802 in RSP.
PeriodIVVRSP
1 month0.97%2.07%
3 months3.43%2.00%
Year to date12.76%14.04%
1 year14.49%15.49%
3 years87.50%64.77%
5 years80.14%48.02%
  • IVV
  • RSP
73131189202120222023202420252026180148

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.
  • IVV
  • RSP
0%10%19%29%39%Technology38.7%18.0%Information Technology38.3%Financial Services12.1%13.5%Industrials8.0%15.2%Healthcare9.3%12.6%Consumer Cyclical9.3%10.7%Communication Services9.5%4.0%Financials11.6%Consumer Defensive4.5%6.3%Communication9.8%Other34.0%19.6%
IVV vs RSP holdings overlap
At least 6% overlap by weight, with 28 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 holdingsIVV weightRSP weight
TJXTJX0.25%0.23%
ISRGINTUITIVE SURGICAL0.23%0.24%
ABBVABBVIE0.75%0.23%
TMOTHERMO FISHER SCIENTIFIC0.38%0.23%
WMTWALMART0.80%0.22%
LLYELI LILLY1.49%0.22%
PGPROCTER & GAMBLE0.55%0.22%
PMPHILIP MORRIS INTERNATIONAL0.47%0.22%
AMGNAMGEN INC0.35%0.22%
PLTRPALANTIR TECHNOLOGIES CLASS A0.67%0.22%
Top 10 holdings
Largest positions by portfolio weight.

IVV504 holdings total

NameWeight
NVDANVIDIA7.91%
AAPLAPPLE7.54%
MSFTMICROSOFT5.97%
AMZNAMAZON.COM INC3.88%
GOOGLALPHABET CLASS A3.04%
GOOGALPHABET CLASS C2.44%
AVGOBROADCOM INC2.40%
METAMETA PLATFORMS CLASS A2.34%
TSLATESLA INC1.56%
MUMICRON TECHNOLOGY1.54%

RSP505 holdings total

NameWeight
MRNAModerna Inc0.32%
PTCPTC Inc0.30%
ACNAccenture PLC0.26%
ILMNIllumina Inc0.26%
PEverpure Inc0.26%
MTDMettler-Toledo International Inc0.25%
PKIRevvity Inc0.25%
RVTYRevvity Inc0.25%
ITGartner Inc0.24%
ISRGIntuitive Surgical Inc0.24%

Quick verdict

IVV fits better if you care most about lower fees and stronger 5-year returns. RSP fits better if you care most about more income today, smaller drawdowns and faster dividend growth. Model the holding inside your real portfolio before deciding.

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Frequently asked questions

Is IVV or RSP better for dividend income?
It depends on your goals. IVV currently yields 1.09% 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 IVV and RSP?
iShares Core S&P 500 ETF (IVV) is an ETF listed on AMEX. 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 is cheaper, IVV or RSP?
IVV has the lower expense ratio. IVV charges 0.03% a year and RSP charges 0.20%, a difference of $17 a year on a $10,000 investment.
Which has performed better, IVV or RSP?
Over the last 5 years, IVV has the higher total return with dividends reinvested: IVV returned 80.1% and RSP returned 48.0%. Past performance does not predict future returns.
Which is riskier, IVV or RSP?
Measured by the worst peak-to-trough decline over the last five years, IVV has been riskier: IVV fell as much as 24.5% and RSP as much as 21.4%. Their betas are 1.00 and 0.93.
How much do IVV and RSP overlap?
At least 6% of the two portfolios overlap by weight, across 28 shared holdings. The largest shared positions are TJX, ISRG, ABBV. Holding both still adds meaningful diversification.
How often do IVV and RSP pay dividends?
Both pay quarterly. The most recent payments were $2.2026 for IVV and $0.7951 for RSP.
How much income does $10,000 in IVV vs RSP generate?
At current TTM yields, $10,000 in IVV would generate roughly $9.06 per month ($109 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 IVV 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 IVV vs RSP with my full portfolio?
Create a free Dividend Wealth account to import or enter holdings, forecast dividend income, and see how IVV 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.