RSPA: Traded Fund Trust Invesco S&P 500 Equal Weight Income Advantage ETF
About
RSPA was created on 2024-07-17 by Invesco. The fund's investment portfolio concentrates primarily on large cap equity. RSPA is an actively managed", fund-of-funds", that utilizes equity securities and ETFs to mirror the S&P 500 Equal Weight Index. The fund also employs an options-based income strategy with equity-linked notes (ELNs) for upside participation and downside protection. The fund aims for current income and growth of capital.
Current Value
$51.891 Year Return
Current Value
$51.891 Year Return
Key Details
Assets Under Management
$273.87M
Div Yield %
2.40%
P/E Ratio
-
Net Asset Value
$52.02
Expense Ratio
0.00%
1Y ETF Return
0.00%
Strategies that include RSPA
Stock's related to RSPA
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| TY | 86.21% | - | - | 3.32% |
| BNT | 79.19% | $7.31B | +67.22% | 0.00% |
| BN | 78.70% | $85.61B | +67.30% | 0.55% |
| HLNE | 78.60% | $8.12B | +108.35% | 0.95% |
| ADSK | 77.15% | $65.62B | +40.21% | 0.00% |
| EVR | 76.50% | $11.45B | +108.92% | 1.04% |
| KFY | 75.69% | $3.93B | +48.94% | 1.86% |
| APAM | 75.55% | $3.25B | +26.70% | 6.08% |
| IT | 75.41% | $39.93B | +21.02% | 0.00% |
| JHG | 74.59% | $6.98B | +70.89% | 3.56% |
| ITT | 74.57% | $12.47B | +41.97% | 0.81% |
| AIT | 74.54% | $10.24B | +65.69% | 0.56% |
| JCI | 74.28% | $55.80B | +59.01% | 1.77% |
| MFC | 74.22% | $57.06B | +70.70% | 3.59% |
| SHO | 74.13% | $2.02B | +3.53% | 3.20% |
| KN | 74.04% | $1.60B | +12.19% | 0.00% |
| AMG | 73.13% | $5.53B | +38.61% | 0.02% |
| JXN | 72.78% | $7.35B | +117.92% | 2.75% |
| MAN | 72.64% | $2.83B | -19.82% | 5.00% |
| WAB | 72.61% | $33.71B | +69.00% | 0.41% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| APD | -4.94% | $72.92B | +18.69% | 2.14% |
| DG | -5.37% | $16.82B | -37.95% | 3.17% |
| RLMD | -5.55% | $89.92M | +1.36% | 0.00% |
| FAT | -6.14% | $89.30M | -11.53% | 10.73% |
| BACK | -6.17% | $1.76M | -32.90% | 0.00% |
| XGN | -7.72% | $62.26M | +127.74% | 0.00% |
| HIHO | -8.02% | $8.63M | 0.00% | 6.12% |
| STG | -8.02% | $35.67M | +7.92% | 0.00% |
| CYCN | 8.27% | $4.77M | -16.19% | 0.00% |
| DAO | -8.75% | $159.28M | +25.62% | 0.00% |
| OHI | -9.04% | $10.84B | +26.02% | 6.71% |
| VSTA | 9.68% | $204.94M | -39.33% | 0.00% |
| IMNN | 9.79% | $10.02M | -22.89% | 0.00% |
| VIRT | -10.14% | $3.17B | +110.38% | 2.60% |
| QTTB | -10.51% | $354.34M | +188.64% | 0.00% |
| NAPA | -10.54% | $1.63B | +9.61% | 0.00% |
| DXCM | -10.64% | $29.25B | -31.28% | 0.00% |
| NEUE | 10.64% | $40.93M | -34.13% | 0.00% |
| QXO | -10.66% | $6.51B | -35.95% | 0.00% |
| WHLM | 10.78% | $17.64M | -29.34% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CBOE | -36.50% | $21.46B | +15.84% | 1.11% |
| K | -33.29% | $27.77B | +52.50% | 2.79% |
| HUSA | -30.12% | $16.69M | -11.56% | 0.00% |
| ASPS | -24.78% | $22.36M | -80.26% | 0.00% |
| EXAS | -19.45% | $9.98B | -17.22% | 0.00% |
| SRRK | -13.09% | $2.61B | +134.91% | 0.00% |
| QXO | -10.66% | $6.51B | -35.95% | 0.00% |
| DXCM | -10.64% | $29.25B | -31.28% | 0.00% |
| NAPA | -10.54% | $1.63B | +9.61% | 0.00% |
| QTTB | -10.51% | $354.34M | +188.64% | 0.00% |
| VIRT | -10.14% | $3.17B | +110.38% | 2.60% |
| OHI | -9.04% | $10.84B | +26.02% | 6.71% |
| DAO | -8.75% | $159.28M | +25.62% | 0.00% |
| STG | -8.02% | $35.67M | +7.92% | 0.00% |
| HIHO | -8.02% | $8.63M | 0.00% | 6.12% |
| XGN | -7.72% | $62.26M | +127.74% | 0.00% |
| BACK | -6.17% | $1.76M | -32.90% | 0.00% |
| FAT | -6.14% | $89.30M | -11.53% | 10.73% |
| RLMD | -5.55% | $89.92M | +1.36% | 0.00% |
| DG | -5.37% | $16.82B | -37.95% | 3.17% |
ETF's related to RSPA
News
SeekingAlpha
The Invesco S&P 500 Equal Weight Income Advantage is a balanced approach for income and diversification in large cap U.S. Click for more on RSPA ETF here.
SeekingAlpha
Option hybrid ETFs like JEPI and RSPA offer option and equity exposure with reduced volatility compared to broad index ETFs. Read more here.
SeekingAlpha
Covered Call ETFs offer a strategy to generate better total returns. Middle caps stocks are not vulnerable to regulatory and tax risk. Read more here.
SeekingAlpha
Invesco S&P 500 Equal Weight Income Advantage ETF (RSPA) offers a flexible, passive strategy with derivatives, short-selling, and a fee waiver. Read more here.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.