Invesco S&P 500 Equal Weight Income Advantage ETF

RSPA

Market cap $476M

Invesco S&P 500 Equal Weight Income Advantage ETF offers a unique approach with equal-weighted S&P 500 exposure and dynamic call writing. RSPA's sector allocation shifts away from tech toward cyclicals and defensives, potentially benefiting from a market rotation as rate cuts approach. While the fund has underperformed recently due to mega-cap dominance, it may outperform peers if broader market participation increases.

For steady sources of income, investors can use ETFs to diversify into hundreds of reliable dividend-paying stocks.

The QDVO, SPYI, RSPA, and QQQI ETFs offer steady income and high annual yields. Investors should factor in the operating fees of these ETFs before considering buying them.

RSPA offers high income (9.34% yield) and defensive exposure via equal-weight S&P 500 and ELNs, reducing tech bias and idiosyncratic risk. The ETF underperformed the S&P 500 recently, but it has consistently been delivering lower volatility, which is valuable, amid AI hype and trade policy uncertainty. Current economic data points to decelerating growth, a softening labor market, and higher inflation, justifying a cautious approach.

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Invesco's RPG and RSPA ETFs empower retirement investors with strong growth and reliable income potential.

Invesco S&P 500 Equal Weight Income Advantage ETF is a new derivative income ETF with a current yield of over 9%. Unlike most buy-write ETFs, RSPA outsources its option strategy through equity-linked notes. Pros: low risks related to individual companies and the technology sector, low expense ratio compared to peers.

Market analysts are split on whether the U.S. Federal Reserve will cut rates at a swift pace or to take a more measured approach amid sticky inflation. Either way, rate cuts appear inevitable.

On this episode of the “ETF of the Week” podcast, VettaFi's Head of Research Todd Rosenbluth discussed the Vanguard S&P 500 ETF (VOO) with Chuck Jaffe of Money Life. The pair discussed several topics related to the fund to give investors a deeper understanding of the ETF overall.

On this episode of the “ETF of the Week” podcast, VettaFi's Head of Research Todd Rosenbluth discussed the Invesco S&P 500 Equal Weight Income Advantage ETF (RSPA) with Chuck Jaffe of Money Life. The pair discussed several topics related to the fund to give investors a deeper understanding of the ETF overall.