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RSPA vs RSP

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

RSPA

Invesco S&P 500 Equal Weight Income Advantage ETF

Invesco

Annual cost

0.29%

Fund size

$748M

RSP

Invesco S&P 500 Equal Weight ETF

Invesco

Annual cost

0.20%

Fund size

$86.4B

Key differences

  • RSP costs 0.09% less per year.
  • RSP is significantly larger than RSPA — larger funds tend to be more liquid and less likely to close.
  • RSPA is classified as alternative, while RSP is equity — different risk/return profiles.
  • RSPA follows a option income strategy; RSP uses index enhanced.
  • RSP has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

RSPARSP
Annual cost (TER)0.29%0.20%
Fund size (AUM)$748M$86.4B
Since20242003
Dividend yield9.12%1.53%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeindex enhanced
CAGR 1Y+19.7%+21.0%
CAGR 3YN/A+15.1%
CAGR 5YN/A+8.8%
Sharpe 3YN/A0.83
Volatility 1Y9.46%11.72%
Max drawdown-15.37%-39.04%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to RSPA and RSP