RSPA and XYLD are both covered call ETFs tracking the same benchmark, but with different approaches. RSPA offers ~7.8% yield with a focus on income investors who want s&p 500 exposure with less mega-cap concentration and monthly distributions, while XYLD provides ~9.5% yield targeting income investor seeking s&p 500 exposure with simple and transparent strategy. 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
6.0
Overall Score
Global X S&P 500 Covered Call ETF
5.3
Overall Score
| Criteria | RSPA | XYLD |
|---|---|---|
| Overall Score | 6.0 5.3 | |
| Total Return (25%) | 5.9 3.5 | |
| Downside Protection (25%) | 5.4 5.6 | |
| Upside Participation (25%) | 6.6 6.4 | |
| Consistency (15%) | 5.7 5.1 | |
| Expense Ratio (5%) | 7.6 5.0 | |
| Liquidity (5%) | 6.0 7.2 |
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 | Jan 1, 2022 | Jun 24, 2013 |
| Issuer | Invesco | Global X |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 4/5 stars | 5/5 stars |
Unique equal-weight approach differentiates it from all other SPY-benchmarked covered call ETFs.
Investor Profile:
Income investors who want S&P 500 exposure with less mega-cap concentration and monthly distributions
Similar to QYLD but on a more defensive index — choice between the two depends on S&P 500 vs Nasdaq preference
Investor Profile:
Income investor seeking S&P 500 exposure with simple and transparent strategy
Both funds are scored on total return, downside protection, upside participation, distribution consistency, cost and liquidity, against the same benchmark and the same window.
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