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RSPA vs PFIG

Invesco S&P 500 Equal Weight Income Advantage ETF vs Invesco Fundamental Investment Grade Corporate Bond ETF

RSPA

Invesco S&P 500 Equal Weight Income Advantage ETF

Annual cost

0.29%

Fund size

$859M

PFIG

Invesco Fundamental Investment Grade Corporate Bond ETF

Annual cost

0.22%

Fund size

$115M

Key differences

RSPA is an alternative ETF, while PFIG is a fixed income ETF. RSPA charges 0.29% a year and PFIG 0.22%.

  • RSPA is an alternative fund, while PFIG is a fixed income fund. They carry different risk/return profiles.
  • RSPA follows a option income strategy; PFIG uses index tracking.
  • PFIG costs 0.07% less per year.
  • RSPA is much larger than PFIG. Larger funds are usually more liquid and less likely to close.
  • PFIG has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

RSPAPFIG
Annual cost (TER)0.29%0.22%
Fund size (AUM)$859M$115M
Since20242011
Dividend yield9.01%4.39%
Asset classalternativefixed income
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+17.7%+4.3%
CAGR 3YN/A+5.1%
CAGR 5YN/A+1.3%
Sharpe 3YN/A0.35
Volatility 1Y9.42%3.11%
Max drawdown-15.37%-15.73%

Similar to RSPA and PFIG