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ISPY vs RWL

ProShares S&P 500 High Income ETF vs Invesco S&P 500 Revenue ETF

ISPY

ProShares S&P 500 High Income ETF

Annual cost

0.56%

Fund size

$1.3B

RWL

Invesco S&P 500 Revenue ETF

Annual cost

0.39%

Fund size

$9.1B

Key differences

ISPY is an alternative ETF, while RWL is an equity ETF. ISPY charges 0.56% a year and RWL 0.39%.

  • ISPY is an alternative fund, while RWL is an equity fund. They carry different risk/return profiles.
  • ISPY follows a option income strategy; RWL uses index tracking.
  • RWL costs 0.17% less per year.
  • RWL is much larger than ISPY. Larger funds are usually more liquid and less likely to close.
  • RWL has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ISPYRWL
Annual cost (TER)0.56%0.39%
Fund size (AUM)$1.3B$9.1B
Since20232008
Dividend yield4.62%1.24%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+22.3%+27.5%
CAGR 3YN/A+21.1%
CAGR 5YN/A+13.1%
Sharpe 3YN/A1.33
Volatility 1Y11.84%10.11%
Max drawdown-16.88%-36.04%

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