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RSPD Vs. RSPS: Expecting Staples To Outperform Discretionary
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RSPD Vs. RSPS: Expecting Staples To Outperform Discretionary

Seeking Alpha·Pearl Gray Equity and Research·24 days ago
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Home ETFs and Funds Analysis ETF Analysis Summary Invesco S&P 500 Eql Wght Con Staples ETF (RSPS) has performed poorly in recent years, making it easy to forget that it has outperformed discretionary counterpart in the long-run. Invesco S&P 500 Eql Wght Con DiscrtN ETF (RSPD) has held the upper hand since the tail-end of 2022's bear market but staples started outperforming in late 2025-to-early 2026. A broad-based market surge in April dragged RSPD ahead of RSPS once more, but I think we might be set for another convergence between the pair. RSPS is more than 1 standard deviation cheaper than RSPD, on a 10-year 60-day rolling basis and macroeconomic factors have shown signs of a shift in expectations. RSPS is aligned with my macro outlook. Moreover, its pricing metrics and dividend yield are favourable, relative to RSPD's.…

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