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RSPA vs CZA

Invesco S&P 500 Equal Weight Income Advantage ETF vs Invesco Zacks Mid-Cap ETF

RSPA

Invesco S&P 500 Equal Weight Income Advantage ETF

Annual cost

0.29%

Fund size

$859M

CZA

Invesco Zacks Mid-Cap ETF

Annual cost

0.69%

Fund size

$184M

Key differences

  • RSPA costs 0.40% less per year.
  • RSPA is significantly larger than CZA — larger funds tend to be more liquid and less likely to close.
  • RSPA is classified as alternative, while CZA is equity — different risk/return profiles.
  • RSPA follows a option income strategy; CZA uses index tracking.
  • CZA has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

RSPACZA
Annual cost (TER)0.29%0.69%
Fund size (AUM)$859M$184M
Since20242007
Dividend yield9.01%1.47%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+17.7%+14.6%
CAGR 3YN/A+14.2%
CAGR 5YN/A+6.9%
Sharpe 3YN/A0.73
Volatility 1Y9.42%12.79%
Max drawdown-15.37%-46.18%

Similar to RSPA and CZA