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Invesco S&P 500 Equal Weight Income Advantage ETF ...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US46090A6973
CUSIP
46090A697
Issuer
Invesco
Inception Date
Jul 17, 2025
Category
S&P 500
Leveraged
1x (No leverage)
Index Tracked
S&P 500 Equal Weight Index
Domicile
United States
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Invesco S&P 500 Equal Weight Income Advantage ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Invesco S&P 500 Equal Weight Income Advantage ETF (RSPA) has returned 0.42% so far this year and 11.54% over the past 12 months.


Invesco S&P 500 Equal Weight Income Advantage ETF

1D
1.49%
1M
-4.59%
YTD
0.42%
6M
2.58%
1Y
11.54%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jul 17, 2024, RSPA's average daily return is +0.04%, while the average monthly return is +0.73%. At this rate, your investment would double in approximately 7.9 years.

Historically, 71% of months were positive and 29% were negative. The best month was Nov 2024 with a return of +5.1%, while the worst month was Dec 2024 at -5.0%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 2 months.

On a daily basis, RSPA closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +7.4%, while the worst single day was Apr 4, 2025 at -5.5%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20262.52%2.67%-4.59%0.42%
20252.48%0.05%-2.47%-2.48%3.05%3.26%0.80%2.09%1.82%-0.22%1.45%0.91%11.07%
20240.48%1.57%2.22%-0.46%5.10%-5.01%3.68%

Benchmark Metrics

Invesco S&P 500 Equal Weight Income Advantage ETF has an annualized alpha of 2.13%, beta of 0.69, and R² of 0.79 versus S&P 500 Index. Calculated based on daily prices since July 18, 2024.

  • This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (71.24%) than losses (62.18%) — typical of diversified or defensive assets.
  • This ETF generated an annualized alpha of 2.13% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
  • Beta of 0.69 indicates this ETF moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

Alpha
2.13%
Beta
0.69
0.79
Upside Capture
71.24%
Downside Capture
62.18%

Expense Ratio

RSPA has an expense ratio of 0.29%, placing it in the medium range.


Return for Risk

Risk / Return Rank

RSPA ranks 44 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


RSPA Risk / Return Rank: 4444
Overall Rank
RSPA Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
RSPA Sortino Ratio Rank: 4040
Sortino Ratio Rank
RSPA Omega Ratio Rank: 4545
Omega Ratio Rank
RSPA Calmar Ratio Rank: 4040
Calmar Ratio Rank
RSPA Martin Ratio Rank: 5353
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Invesco S&P 500 Equal Weight Income Advantage ETF (RSPA) and compare them to a chosen benchmark (S&P 500 Index).


RSPABenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.78

0.90

-0.11

Sortino ratio

Return per unit of downside risk

1.19

1.39

-0.19

Omega ratio

Gain probability vs. loss probability

1.18

1.21

-0.03

Calmar ratio

Return relative to maximum drawdown

1.08

1.40

-0.32

Martin ratio

Return relative to average drawdown

5.32

6.61

-1.29

Explore RSPA risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Invesco S&P 500 Equal Weight Income Advantage ETF provided a 9.37% dividend yield over the last twelve months, with an annual payout of $4.69 per share.


4.00%5.00%6.00%7.00%8.00%9.00%$0.00$1.00$2.00$3.00$4.00$5.0020242025
Dividends
Dividend Yield
PeriodTTM20252024
Dividend$4.69$4.66$2.03

Dividend yield

9.37%9.14%4.03%

Monthly Dividends

The table displays the monthly dividend distributions for Invesco S&P 500 Equal Weight Income Advantage ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.41$0.41$0.39$1.20
2025$0.40$0.40$0.38$0.36$0.38$0.38$0.39$0.39$0.40$0.39$0.39$0.40$4.66
2024$0.39$0.40$0.41$0.44$0.39$2.03

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Invesco S&P 500 Equal Weight Income Advantage ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Invesco S&P 500 Equal Weight Income Advantage ETF was 15.37%, occurring on Apr 8, 2025. Recovery took 63 trading sessions.

The current Invesco S&P 500 Equal Weight Income Advantage ETF drawdown is 4.81%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-15.37%Dec 2, 202487Apr 8, 202563Jul 10, 2025150
-6.21%Feb 27, 202622Mar 30, 2026
-4.52%Aug 1, 20243Aug 5, 202410Aug 19, 202413
-3.81%Oct 28, 202518Nov 20, 20258Dec 3, 202526
-2.55%Jul 28, 20255Aug 1, 20258Aug 13, 202513

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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