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ALL
AUM
$877811853
P/E ratio
21.1
Dividend yield
9.0123%
Expense ratio
0.29%
Beta
0.590781
Previous close
$53.06
Today's open
$53.23
Day's range
$53.09 - $53.50
52 week range
$48.85 - $53.76
Equities
Domestic
Large-Cap
Growth
19.48%
8411:TK
Mizuho Financial Group Inc
0.39%
0.37%
0.35%
SOGN:PA
Societe Generale Sa
0.34%
INTC
Intel Corp.
0.33%
TD.PFB:CA
Toronto-Dominion Bank/The
0.33%
UBSG:SM
Ubs Group Ag
0.33%
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.
Seeking Alpha • Jun 23, 2026

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.
Seeking Alpha • Jun 15, 2026

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.
24/7 Wall Street • Apr 30, 2026

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.
Seeking Alpha • Mar 31, 2026

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.
24/7 Wall Street • Mar 28, 2026

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.
Seeking Alpha • Mar 23, 2026

These Dividend ETFs Pay More Than 10-Year Treasury Bonds
If you purchase a 10-year U.S. Treasury bond, you'll get an annual yield of around 4%.
24/7 Wall Street • Mar 2, 2026

RSPA: How To Optimize The Rule Of 72 Compared To RSP
RSPA: How To Optimize The Rule Of 72 Compared To RSP
Seeking Alpha • Feb 19, 2026

RSPA: Derivative Income ETF Outsourcing Options Trading
Invesco S&P 500 Equal Weight Income Advantage ETF offers a 9% yield via an equal-weighted S&P 500 portfolio and equity-linked notes. RSPA features low company risk, sector diversification, and a 0.29% expense ratio. RSPA has marginally outperformed RSP in total return since inception, but its track record is too short for long-term assessment.
Seeking Alpha • Dec 8, 2025

This ETF strategy could help risk-averse investors ride out wild market swings
Invesco senior portfolio manager John Burrello sees income funds that employ options-based strategies as a suitable approach.
CNBC • Oct 18, 2025

¹ Disclosures

Open an M1 investment account to buy and sell Invesco S&P 500 Equal Weight Income Advantage ETF commission-free¹. Build wealth for the long term using automated trading and transfers.