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RSPA vs PGX

Invesco S&P 500 Equal Weight Income Advantage ETF vs Invesco Preferred ETF

RSPA

Invesco S&P 500 Equal Weight Income Advantage ETF

Annual cost

0.29%

Fund size

$859M

PGX

Invesco Preferred ETF

Annual cost

0.50%

Fund size

$3.8B

Key differences

  • RSPA costs 0.21% less per year.
  • PGX is significantly larger than RSPA — larger funds tend to be more liquid and less likely to close.
  • RSPA is classified as alternative, while PGX is fixed income — different risk/return profiles.
  • RSPA follows a option income strategy; PGX uses index tracking.
  • PGX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

RSPAPGX
Annual cost (TER)0.29%0.50%
Fund size (AUM)$859M$3.8B
Since20242008
Dividend yield9.01%6.21%
Asset classalternativefixed income
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+17.7%+5.0%
CAGR 3YN/A+5.1%
CAGR 5YN/A-0.7%
Sharpe 3YN/A0.20
Volatility 1Y9.42%6.10%
Max drawdown-15.37%-34.10%

Similar to RSPA and PGX