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

Derivative Income | Exchange Traded Fund | NYSEArca
52.11 USD +0.32 (0.618%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 51.00 -1.11 (-1.110%) ⇩ (April 17, 2026, 7:58 p.m. EDT)

Short-term: ★★★☆☆ | Long-term: ★★★☆☆ | Dividends: ★★★★☆
Hot Take | April 18, 2026, 10:17 p.m. EDT

RSPA exhibits a classic high-yield ETF structural trade: while it generates substantial cash flow (~9.4% yield) via derivatives, recent price action (green) and elevated PE (22.8x) suggest the market is priced for the rotation into cyclicals, yet the statistical forecast signal remains extremely weak (0.82% move). The Ljung-Box p-value indicates non-randomness in returns, but the predicted directional alpha is negligible, meaning immediate momentum plays are unreliable despite the attractive income stream.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.016217
AutoETS0.016827
AutoTheta0.017043
AutoARIMA0.019350

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 80%
H-stat 0.53
Ljung-Box p 0.000
Jarque-Bera p 0.434
Excess Kurtosis -0.78
Attribute Value
Trailing P/E 22.77

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.77% 9.78%
Dividend History
Date Dividend Yield %
2026-03-23 0.387 0.774465
2026-02-23 0.411 0.788673
2026-01-20 0.406 0.802900
2025-12-22 0.399 0.795380
2025-11-24 0.393 0.810455
2025-10-20 0.392 0.798423
2025-09-22 0.395 0.814654
2025-08-18 0.387 0.814970
2025-07-21 0.390 0.833613
2025-06-23 0.382 0.834973
2025-05-19 0.385 0.846361
2025-04-21 0.361 0.868728
2025-03-24 0.382 0.845251
2025-02-24 0.396 0.862201
2025-01-21 0.398 0.864311
2024-12-23 0.393 0.874998
2024-11-18 0.436 0.946020
2024-10-21 0.408 0.898220
2024-09-23 0.401 0.896097
2024-08-19 0.393 0.904564
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 9.37

Info Dump

Attribute Value
All Time High 57.99
All Time Low 43.04
Ask 65.6
Ask Size 100
Average Daily Volume10 Day 141,780
Average Daily Volume3 Month 148,443
Average Volume 148,443
Average Volume10Days 141,780
Beta3 Year 0.0
Bid 49.01
Bid Size 200
Category Derivative Income
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 52.28
Day Low 51.93
Dividend Yield 9.37
Eps Trailing Twelve Months 2.288415
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 51.56288
Fifty Day Average Change 0.54711914
Fifty Day Average Change Percent 0.010610717
Fifty Two Week Change Percent 15.109348
Fifty Two Week High 53.577
Fifty Two Week High Change -1.466999
Fifty Two Week High Change Percent -0.027381135
Fifty Two Week Low 44.805
Fifty Two Week Low Change 7.3050003
Fifty Two Week Low Change Percent 0.16303985
Fifty Two Week Range 44.805 - 53.577
First Trade Date Milliseconds 1,721,223,000,000
Full Exchange Name NYSEArca
Fund Family Invesco
Fund Inception Date 1,721,174,400
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund seeks to achieve its investment objective by: (1) investing in a portfolio of U.S. equity securities designed to track the performance, before fees and expenses, of the S&P 500® Equal Weight Index or U.S.-listed exchange-traded funds (ETFs) that seek to track the performance of the index, or both, and (2) utilizing an options-based income strategy implemented through equity-linked notes (ELNs) with exposure to either the index or ETFs tracking the index. The fund is non-diversified.
Long Name Invesco S&P 500 Equal Weight Income Advantage ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1879362321
Nav Price 52.12
Net Assets 667,315,900.0
Net Expense Ratio 0.29
Open 52.0
Post Market Change -1.1100006
Post Market Change Percent -2.1301105
Post Market Price 51.0
Post Market Time 1,776,470,281
Previous Close 51.79
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 0.32
Regular Market Change Percent 0.617879
Regular Market Day High 52.28
Regular Market Day Low 51.93
Regular Market Day Range 51.93 - 52.28
Regular Market Open 52.0
Regular Market Previous Close 51.79
Regular Market Price 52.11
Regular Market Time 1,776,456,000
Regular Market Volume 226,971
Short Name Invesco S&P 500 Equal Weight In
Source Interval 15
Symbol RSPA
Total Assets 667,315,904
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 22.77122
Trailing Peg Ratio None
Trailing Three Month Nav Returns 0.72082
Trailing Three Month Returns 0.72082
Triggerable 1
Two Hundred Day Average 51.03373
Two Hundred Day Average Change 1.076271
Two Hundred Day Average Change Percent 0.021089407
Type Disp ETF
Volume 226,971
Yield 0.0937
Ytd Return 0.72082