RSPA and XYLD are both covered call ETFs tracking the same benchmark, but with different approaches. RSPA offers a 9.42% yield, while XYLD provides a 10.41% yield. Compare their scores, yields, and performance metrics to find the best fit for your portfolio.
Compare covered call ETFs with the same benchmark side by side
Invesco S&P 500 Equal Weight Income Advantage ETF
6.25
Overall Score
Global X S&P 500 Covered Call ETF
5.79
Overall Score
| Criteria | RSPA | XYLD |
|---|---|---|
| Overall Score | 6.25 5.79 | |
| Total Return (25%) | 5.78 3.79 | |
| Downside Protection (25%) | 3.65 5.90 | |
| Upside Participation (25%) | 6.84 6.45 | |
| Consistency (15%) | 10.00 7.61 | |
| Expense Ratio (5%) | 7.62 5.00 | |
| Liquidity (5%) | 6.01 7.23 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | RSPA | XYLD |
|---|---|---|
| Expense Ratio | 0.390% | 0.600% |
| Inception Date | Jul 1, 2024 | Jun 24, 2013 |
| Issuer | Invesco | Global X |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 4/5 stars | 5/5 stars |
Down capture of 82% against 68% up capture means the structure gave up more upside than it cushioned losses over 26 months.
Investor Profile:
RSPA is an actively managed Invesco fund of funds that holds stocks and ETFs to mirror the S&P 500 Equal Weight Index, 523 positions. It earns option income through equity-linked notes (ELNs), and about 20% of assets sit in an Invesco government money market fund. It pays monthly and charges 0.29%.
Cut volatility to 9.0% (SPY 15.7%), but its worst drawdown (-23.4%) was only 0.5 points better than SPY's.
Investor Profile:
XYLD tracks the Cboe S&P 500 BuyWrite Index. It holds the S&P 500 stocks, 507 positions, and sells one-month at-the-money call options on the whole portfolio. The rules are mechanical and it pays monthly. PBP tracks the same index.
Both funds are scored on total return, downside protection, upside participation, distribution consistency, cost and liquidity, against the same benchmark and the same window.
28 covered call ETFs, rescored every month on total return, downside protection and NAV stability. One email a month, no promotions.
We store your email to send the monthly ranking. Unsubscribe any time by replying to any email. We never share or sell it.