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RSPA vs SPYH

Invesco S&P 500 Equal Weight Income Advantage ETF vs NEOS S&P 500 Hedged Equity Income ETF

RSPA

Invesco S&P 500 Equal Weight Income Advantage ETF

Annual cost

0.29%

Fund size

$859M

SPYH

NEOS S&P 500 Hedged Equity Income ETF

Annual cost

0.68%

Fund size

$29M

Key differences

Both RSPA and SPYH are alternative ETFs. RSPA charges 0.29% a year and SPYH 0.68%. The main difference: RSPA follows a index enhanced strategy; SPYH uses long short.

  • RSPA follows a index enhanced strategy; SPYH uses long short.
  • RSPA costs 0.39% less per year.
  • RSPA is much larger than SPYH. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

RSPASPYH
Annual cost (TER)0.29%0.68%
Fund size (AUM)$859M$29M
Since20242025
Dividend yield9.01%7.54%
Asset classalternativealternative
Regionnorth americanorth america
Strategyindex enhancedlong short
CAGR 1Y+17.0%+15.0%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y9.45%8.04%
Max drawdown-15.37%-6.39%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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