Which returned more over the last year, FEX or RSPA?

In the year to Oct 9, 2026, with distributions reinvested, FEX returned +17.6% and RSPA +12.6%.

Which is cheaper, FEX or RSPA?

RSPA is cheaper, by 0.28 percentage points a year. On $10,000 held for a year that difference is about $28. Fees come from each fund's prospectus.

How much do FEX and RSPA overlap with the S&P 500?

By their latest filed holdings, 86% of FEX and 74% of RSPA by weight is stocks the S&P 500 already holds.

Share on X Download as PDF Ask about these two funds

FEX vs RSPA: how they differ

FEX and RSPA hold 45% of their weight in the same names, and FEX returned +17.6% over the year. First Trust Large Cap Core AlphaDEX Fund and Invesco S&P 500 Equal Weight Income Advantage ETF.

RSPA costs 0.28 points a year less; their one-year returns differ by 5.0 points; FEX is 1.3 times larger.

	FEX	RSPA
Expense ratio	0.57%	0.29%
Net assets	$1.6bn	$1.2bn
Total return, 1 year	+17.6%	+12.6%
Holdings in common	45%
Nasdaq-100, total return, 1 year	+23.6%
Top ten holdings, share of the fund	5.0%	4.2%
Below its high	4.1%, high on Aug 14, 2026	3.2%, high on Aug 26, 2026

Holdings in common uses holdings dated Oct 8, 2026 and Oct 9, 2026.

+17.6%

FEX total return, 1 year

+12.6%

RSPA total return, 1 year

0.57%

FEX expense ratio

0.29%

RSPA expense ratio

What they hold in common

By the books each fund has filed, FEX and RSPA hold 45% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Oct 8, 2026 and Oct 9, 2026.

50%

half

45% in common

Positions both hold, largest shared weight first

Holding FEX RSPA

Everpure, Inc. (Class A) 0.51% 0.23%

PTC Inc. 0.60% 0.23%

Moderna, Inc. 0.30% 0.22%

Illumina, Inc. 0.44% 0.19%

CrowdStrike Holdings, Inc. (Class A) 0.45% 0.19%

NetApp, Inc. 0.49% 0.19%

Datadog, Inc. (Class A) 0.46% 0.18%

Hewlett Packard Enterprise Company 0.50% 0.18%

Fortinet, Inc. 0.47% 0.18%

Advanced Micro Devices, Inc. 0.43% 0.18%

Mettler-Toledo International Inc. 0.27% 0.18%

Palo Alto Networks, Inc. 0.27% 0.18%

Only in FEX

HF Sinclair Corp. 0.49%

Okta, Inc. 0.48%

Ovintiv Inc. 0.48%

Permian Resources Corp. 0.47%

Snowflake Inc. (Class A) 0.47%

Cloudflare, Inc. (Class A) 0.45%

Markel Group Inc 0.44%

SharkNinja Inc. 0.44%

Only in RSPA

Goldman Sachs Group Inc/The 0.61%

Toronto-Dominion Bank/The 0.55%

Canadian Imperial Bank of Commerce 0.43%

Goldman Sachs Group Inc/The 0.43%

Royal Bank of Canada 0.42%

Wells Fargo & Co 0.39%

JPMorgan Chase & Co 0.36%

Barclays Bank PLC 0.36%

Check overlap with more funds →

On the same fields

FEX

First Trust Large Cap Core AlphaDEX Fund

RSPA

Invesco S&P 500 Equal Weight Income Advantage ETF

Where it sits Stock ETF Stock ETF

Issuer First Trust Invesco

What it is Tracks an index Actively managed

Total return, 1 year +17.6% +12.6%

S&P 500 over the same days +17.3% +17.3%

Gap to the S&P 500 +0.4 pts −4.7 pts

Expense ratio 0.57% 0.29%

Already in the S&P 500 85.6% 74.0%

Holdings 375 520

Net assets $1.6bn $1.2bn

FEX and RSPA on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

FEX in plain words

FEX tracks an index. Over the year to Oct 9, 2026 it returned +17.6% with distributions reinvested, against +17.3% for the S&P 500 and +23.6% for the Nasdaq-100. The prospectus expense ratio is 0.57% a year. By its holdings published by its issuer for Oct 9, 2026, 86% of the fund by weight is stocks the S&P 500 also holds, across 375 positions, with the top ten at 5.0%. It sat 4.1% below its high of Aug 14, 2026 on Oct 9, 2026.

RSPA in plain words

RSPA is actively managed and tracks no index. Over the year to Oct 9, 2026 it returned +12.6% with distributions reinvested, against +17.3% for the S&P 500 and +23.6% for the Nasdaq-100. The prospectus expense ratio is 0.29% a year. By its holdings published by its issuer for Oct 8, 2026, 74% of the fund by weight is stocks the S&P 500 also holds, across 520 positions, with the top ten at 4.2%. It sat 3.2% below its high of Aug 26, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, FEX or RSPA?: In the year to Oct 9, 2026, with distributions reinvested, FEX returned +17.6% and RSPA +12.6%.
Which is cheaper, FEX or RSPA?: RSPA is cheaper, by 0.28 percentage points a year. On $10,000 held for a year that difference is about $28. Fees come from each fund's prospectus.
How much do FEX and RSPA overlap with the S&P 500?: By their latest filed holdings, 86% of FEX and 74% of RSPA by weight is stocks the S&P 500 already holds.

Other comparisons

FEX vs WTV FEX vs FVD FEX vs NOBL FEX vs IWS RSPA vs SMIG PKW vs RSPA RSPA vs SDOG ILCV vs RSPA

FEX on its own →RSPA on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

FEX filings on SEC EDGAR ↗FEX prospectus with the expense ratio (SEC) ↗First Trust page for FEX ↗RSPA filings on SEC EDGAR ↗RSPA prospectus with the expense ratio (SEC) ↗Invesco page for RSPA ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

Cite this page

ETFIQ, FEX against RSPA, data as of Oct 9, 2026. https://etfiq.com/compare/any/fex-vs-rspa

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.