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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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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%
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%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.52% | 2.67% | -4.59% | 0.42% | |||||||||
| 2025 | 2.48% | 0.05% | -2.47% | -2.48% | 3.05% | 3.26% | 0.80% | 2.09% | 1.82% | -0.22% | 1.45% | 0.91% | 11.07% |
| 2024 | 0.48% | 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
- R²
- 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.
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).
| RSPA | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.78 | 0.90 | -0.11 |
Sortino ratioReturn per unit of downside risk | 1.19 | 1.39 | -0.19 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.21 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.08 | 1.40 | -0.32 |
Martin ratioReturn relative to average drawdown | 5.32 | 6.61 | -1.29 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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, 2024 | 87 | Apr 8, 2025 | 63 | Jul 10, 2025 | 150 |
| -6.21% | Feb 27, 2026 | 22 | Mar 30, 2026 | — | — | — |
| -4.52% | Aug 1, 2024 | 3 | Aug 5, 2024 | 10 | Aug 19, 2024 | 13 |
| -3.81% | Oct 28, 2025 | 18 | Nov 20, 2025 | 8 | Dec 3, 2025 | 26 |
| -2.55% | Jul 28, 2025 | 5 | Aug 1, 2025 | 8 | Aug 13, 2025 | 13 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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