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RSPA vs CVY

Invesco S&P 500 Equal Weight Income Advantage ETF vs Invesco Zacks Multi-Asset Income ETF

RSPA

Invesco S&P 500 Equal Weight Income Advantage ETF

Annual cost

0.29%

Fund size

$859M

CVY

Invesco Zacks Multi-Asset Income ETF

Annual cost

1.21%

Fund size

$120M

Key differences

RSPA is an alternative ETF, while CVY is a mixed asset ETF. RSPA charges 0.29% a year and CVY 1.21%.

  • RSPA is an alternative fund, while CVY is a mixed asset fund. They carry different risk/return profiles.
  • RSPA follows a option income strategy; CVY uses active selection.
  • RSPA covers North America; CVY covers global markets.
  • RSPA costs 0.92% less per year.
  • RSPA is much larger than CVY. Larger funds are usually more liquid and less likely to close.
  • CVY has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

RSPACVY
Annual cost (TER)0.29%1.21%
Fund size (AUM)$859M$120M
Since20242006
Dividend yield9.01%3.72%
Asset classalternativemixed asset
Regionnorth americaglobal
Strategyoption incomeactive selection
CAGR 1Y+17.7%+18.7%
CAGR 3YN/A+16.9%
CAGR 5YN/A+7.3%
Sharpe 3YN/A0.92
Volatility 1Y9.42%11.02%
Max drawdown-15.37%-50.47%

Similar to RSPA and CVY