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Invesco S&P 500 Equal Weight Income Advantage ETF (RSPA)

$52.87

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Key data on RSPA

AUM

$1.22B

P/E ratio

18.6

Dividend yield

9.4358%

Expense ratio

0.29%

Beta

0.589589

Price on RSPA

Previous close

$52.97

Today's open

$53

Day's range

$52.75 - $53

52 week range

$49.03 - $55.16

Profile about RSPA

Headquarters

US

Exchange

NYSE Arca

Issue type

Exchange-Traded Fund

RSPA industries and sectors

Equities

Domestic

Large-Cap

Growth

News on RSPA

Two Differentiated Approaches At Attractive Valuations Generating Monthly Payouts

Value-oriented sectors have been underperforming relative to the broader market, such as the S&P 500 Index and Nasdaq. This is because they tend to face more pressure from higher rates, and as the 10 Year U.S. Treasury climbs over 5%, that's sent these sectors lower. That includes funds that are more value-oriented; today, we'll be looking at two differentiated funds that provide monthly distributions that can add diversification to an investor's approach.

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Seeking Alpha • Oct 12, 2026

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Forget JEPI: Invesco's Equal-Weight Income Fund Is Beating It by 6+ Points With Lower Fees

JEPI has built its reputation on reliable monthly income, but a lesser-known Invesco fund is quietly outpacing it in 2026 while charging investors less for the privilege.

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24/7 Wall Street • Sep 21, 2026

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Forget JEPI: QQQ's Sponsor Sells an Equal-Weight S&P Income Fund That Charges Less and Is Beating It by 8 Points

JEPI built its reputation on monthly income and a smoother ride than the market, but a newer fund from QQQ's own sponsor is quietly challenging every reason you bought it in the first place.

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24/7 Wall Street • Sep 14, 2026

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RSPA: Extracting Income From The Equal-Weight S&P 500 Via A 9% Distribution

The Invesco S&P 500 Equal Weight Income Advantage ETF offers a compelling alternative to traditional S&P 500 exposure. RSPA delivers a 9.4% distribution rate, closely mirroring RSP's total returns, with sustainable monthly income from volatility harvesting. The ETF's equal-weight structure avoids tech overconcentration and maintains valuations within historical P/E ranges, enhancing diversification.

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Seeking Alpha • Aug 31, 2026

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RSPA: A Timely Alternative For Investors Seeking Income Beyond Mega-Cap Tech

Invesco S&P 500 Equal Weight Income Advantage ETF (RSPA) blends equal-weight equity exposure with an active options-based income overlay, targeting high yield and diversification. RSPA currently offers an 8.92% dividend yield, balancing income generation with equity participation, but its short track record limits conviction for a core allocation. I rate RSPA a HOLD, citing its untested strategy across full market cycles and added complexity compared to traditional index ETFs.

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Seeking Alpha • Jun 23, 2026

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RSPA: A 9% Yield For Investors Wary Of The AI-Led Market

RSPA ETF is a strong buy due to persistent macroeconomic challenges and market fragility. RSPA combines S&P 500 equal-weight exposure with covered calls and cash-secured puts to generate high monthly income. While RSPA has slightly underperformed the market, its income focus narrows the return differential and can provide better risk-adjusted returns.

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Seeking Alpha • Jun 15, 2026

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Forget JEPI: These 3 Covered Call ETFs Yield Over 10% With Less NAV Erosion

Covered call ETFs have had a moment in the light, and the JPMorgan Equity Premium Income ETF (NYSE:JEPI) has captured much of that attention.

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24/7 Wall Street • Apr 30, 2026

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Undercovered Dozen: Power Solutions, Kraft Heinz, W. P. Carey, And More

The Undercovered Dozen series spotlights 12 lesser-covered stocks from the past week on Seeking Alpha. This week's edition covers articles published between March 20 and March 26, offering fresh investment ideas. The focus is on stocks that may offer unique opportunities due to limited analyst coverage.

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Seeking Alpha • Mar 31, 2026

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RSPA's 8.9% Yield Hides a Tax Problem Most Income Investors Never See Coming

Invesco S&P 500 Equal Weight Income Advantage ETF (NYSEARCA:RSPA) pays investors a monthly distribution that would be the envy of most income strategies.

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24/7 Wall Street • Mar 28, 2026

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RSPA: Equal-Weighted S&P 500 Index Portfolio Generating 9%+ Yield

Invesco S&P 500 Equal Weight Income Advantage ETF offers diversified S&P 500 exposure with a 9%+ monthly yield via an options-based call-writing overlay. The fund's approach to call-writing overlay is done with equity-linked notes, which is different from most of its other call-writing peers. RSPA's ELN strategy results in less tax-efficient, mostly ordinary income distributions, making it less attractive for taxable accounts versus peers.

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Seeking Alpha • Mar 23, 2026

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