RSP
Invesco S&P 500 Equal Weight ETF
TREND FOLLOWING PERFORMANCE HISTORY
2026-08-03
Executive Summary
The quantitative backtest for RSP (Invesco S&P 500 Equal Weight ETF) using the Excess Return MMA* strategy in a Investing context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -19.9% (compared to the benchmark's drawdown of -59.9%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 9.8%, compared to a Buy-and-Hold benchmark return of 10.4%. The strategy executed 49 total trades.
* Excess Return MMA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility.
* Excess Return MMA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility.
📊 Mathematical Model
Excess Return MMA Active
Advanced Ensemble: Uses multiple signal layers for maximum trend stability and noise reduction.
Excess Return MMA CA
Advanced Dynamic Sleeve: MMA ensemble signals on the primary asset combined with a momentum-based cash alternative ETF rotation.
Excess Return SMA
Standard Signal: Classical quantitative trend following optimized for reliable directionality.
Moving Average (50/200)
Moving Average: The baseline 50/200-day crossover model used by technical analysts worldwide.
RSP Quality Metrics & KPI Summary
| Metric | 1Y | 5Y | 10Y | Full History | ||||
|---|---|---|---|---|---|---|---|---|
| Strategy | B&H | Strategy | B&H | Strategy | B&H | Strategy | B&H | |
| CAGR | 19.08% | 20.17% | 4.36% | 8.95% | 10.33% | 11.99% | 9.79% | 10.38% |
| Sharpe Ratio | 1.56 | 1.58 | 0.38 | 0.53 | 0.81 | 0.62 | 0.77 | 0.49 |
| Max Drawdown | -7.85% | -7.85% | -15.03% | -21.38% | -15.29% | -39.04% | -19.92% | -59.92% |
| % Time Invested | 100.0% | 100.0% | 91.2% | 100.0% | 94.6% | 100.0% | 92.4% | 100.0% |
| Trades / Year | 0.0 | 0.0 | 2.2 | 0.0 | 2.2 | 0.0 | 2.3 | 0.0 |
Cumulative Growth Performance
Return Distribution Analysis
Trade History
This log shows every signal-driven transition. Completed trades reflect standard market cycles. An Open or Mark-to-Market exit denotes an active position (either in the primary asset or a cash/yield sleeve) valued at the current price for reporting purposes. Interest entries record yield accrued from cash or cash alternatives (like BIL) during out-of-market defensive periods.
| Entry Date | Exit Date | Type | Allocation | Entry Price | Exit Price | Net Return % | Exit Reason | |
|---|---|---|---|---|---|---|---|---|
| 🔒 Active Positions & Recent Execution Signals Hidden Trading on delayed data carries high execution risk. Current allocations, pending next-day rebalances, and active execution signals (last 60 days) require a Premium subscription. Upgrade to Pro to Unlock | ||||||||
| 2025-05-30 | 2025-10-01 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 1.43% | Interest Income | |
| 2025-03-06 | 2025-07-15 | Interest (CASH) | 33.33% | $1.00 | $1.02 | 1.52% | Interest Income | |
| 2025-04-30 | 2025-05-30 | Completed | 33.33% | $163.75 | $172.42 | 5.24% | Signal | |
| 2025-04-08 | 2025-05-01 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2025-04-07 | 2025-04-30 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2023-12-15 | 2025-04-08 | Completed | 33.33% | $150.40 | $157.07 | 4.39% | Stop | |
| 2023-12-15 | 2025-04-07 | Completed | 33.33% | $150.40 | $150.52 | 0.03% | Stop | |
| 2023-12-15 | 2025-03-06 | Completed | 33.33% | $150.40 | $171.03 | 13.66% | Signal | |
| 2023-10-25 | 2023-12-15 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.77% | Interest Income | |
| 2023-10-24 | 2023-12-15 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.79% | Interest Income | |
| 2023-10-06 | 2023-12-15 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 1.05% | Interest Income | |
| 2023-07-28 | 2023-10-25 | Completed | 33.33% | $147.61 | $130.38 | -11.72% | Signal | |
| 2023-04-04 | 2023-10-24 | Completed | 33.33% | $137.48 | $130.81 | -4.90% | Stop | |
| 2023-03-31 | 2023-10-06 | Completed | 33.33% | $135.63 | $132.07 | -2.68% | Signal | |
| 2023-05-05 | 2023-07-28 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 1.20% | Interest Income | |
| 2023-01-10 | 2023-05-05 | Completed | 33.33% | $136.86 | $134.51 | -1.76% | Signal | |
| 2022-11-29 | 2023-04-04 | Interest (CASH) | 33.33% | $1.00 | $1.02 | 1.57% | Interest Income | |
| 2022-06-09 | 2023-03-31 | Interest (CASH) | 33.33% | $1.00 | $1.03 | 2.98% | Interest Income | |
| 2022-03-28 | 2023-01-10 | Interest (CASH) | 33.33% | $1.00 | $1.02 | 2.10% | Interest Income | |
| 2022-10-20 | 2022-11-29 | Completed | 33.33% | $123.55 | $136.34 | 10.29% | Signal | |
| 2022-09-28 | 2022-10-20 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.23% | Interest Income | |
| 2022-07-08 | 2022-09-28 | Completed | 33.33% | $128.45 | $121.13 | -5.75% | Stop | |
| 2022-06-14 | 2022-07-08 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.11% | Interest Income | |
| 2020-04-01 | 2022-06-14 | Completed | 33.33% | $72.85 | $126.29 | 73.28% | Stop | |
| 2022-06-03 | 2022-06-09 | Completed | 33.33% | $138.23 | $137.10 | -0.86% | Signal | |
| 2022-05-11 | 2022-06-03 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.07% | Interest Income | |
| 2020-09-29 | 2022-05-11 | Completed | 33.33% | $98.67 | $132.52 | 34.24% | Stop | |
| 2020-06-30 | 2022-03-28 | Completed | 33.33% | $90.87 | $146.74 | 61.39% | Signal | |
| 2020-05-05 | 2020-09-29 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.05% | Interest Income | |
| 2020-03-31 | 2020-06-30 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.04% | Interest Income | |
| 2020-03-24 | 2020-05-05 | Completed | 33.33% | $68.08 | $84.79 | 24.48% | Signal | |
| 2020-03-10 | 2020-04-01 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2020-03-24 | 2020-03-31 | Completed | 33.33% | $68.08 | $76.92 | 12.93% | Signal | |
| 2020-03-02 | 2020-03-24 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2020-03-02 | 2020-03-24 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2019-01-16 | 2020-03-10 | Completed | 33.33% | $84.47 | $86.69 | 2.58% | Stop | |
| 2019-06-18 | 2020-03-02 | Completed | 33.33% | $93.79 | $92.81 | -1.10% | Stop | |
| 2019-03-26 | 2020-03-02 | Completed | 33.33% | $91.07 | $92.81 | 1.86% | Stop | |
| 2019-01-15 | 2019-06-18 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 1.01% | Interest Income | |
| 2018-11-23 | 2019-03-26 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.78% | Interest Income | |
| 2018-12-21 | 2019-01-16 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.15% | Interest Income | |
| 2019-01-11 | 2019-01-15 | Completed | 33.33% | $83.76 | $83.82 | 0.02% | Signal | |
| 2018-12-18 | 2019-01-11 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.15% | Interest Income | |
| 2016-09-26 | 2018-12-21 | Completed | 33.33% | $70.20 | $79.28 | 12.89% | Stop | |
| 2016-07-01 | 2018-12-18 | Completed | 33.33% | $67.73 | $82.25 | 21.37% | Stop | |
| 2018-06-12 | 2018-11-23 | Completed | 33.33% | $90.34 | $85.49 | -5.42% | Signal | |
| 2018-05-04 | 2018-06-12 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.20% | Interest Income | |
| 2016-04-26 | 2018-05-04 | Completed | 33.33% | $67.31 | $85.03 | 26.25% | Signal | |
| 2016-05-19 | 2016-09-26 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.10% | Interest Income | |
| 2015-10-13 | 2016-07-01 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.17% | Interest Income | |
| 2016-02-12 | 2016-05-19 | Completed | 33.33% | $57.50 | $65.46 | 13.80% | Signal | |
| 2016-01-21 | 2016-04-26 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.07% | Interest Income | |
| 2016-01-21 | 2016-02-12 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2015-12-30 | 2016-01-21 | Completed | 33.33% | $65.03 | $57.91 | -10.98% | Stop | |
| 2011-08-30 | 2016-01-21 | Completed | 33.33% | $35.11 | $57.91 | 64.88% | Stop | |
| 2015-08-06 | 2015-12-30 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.04% | Interest Income | |
| 2015-09-17 | 2015-10-13 | Completed | 33.33% | $63.95 | $64.25 | 0.41% | Signal | |
| 2015-08-25 | 2015-09-17 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2012-03-20 | 2015-08-25 | Completed | 33.33% | $40.93 | $62.64 | 52.98% | Stop | |
| 2012-09-10 | 2015-08-06 | Completed | 33.33% | $41.51 | $66.73 | 60.67% | Signal | |
| 2012-06-29 | 2012-09-10 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2011-12-28 | 2012-06-29 | Completed | 33.33% | $36.65 | $38.98 | 6.29% | Signal | |
| 2011-10-05 | 2012-03-20 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2011-08-05 | 2011-12-28 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2011-08-29 | 2011-10-05 | Completed | 33.33% | $34.54 | $32.24 | -6.70% | Stop | |
| 2011-08-08 | 2011-08-30 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2011-08-05 | 2011-08-29 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2010-06-01 | 2011-08-08 | Completed | 33.33% | $30.62 | $33.74 | 10.14% | Stop | |
| 2010-10-11 | 2011-08-05 | Completed | 33.33% | $33.47 | $35.42 | 5.78% | Stop | |
| 2010-06-01 | 2011-08-05 | Completed | 33.33% | $30.62 | $35.42 | 15.61% | Stop | |
| 2010-07-27 | 2010-10-11 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.03% | Interest Income | |
| 2010-06-01 | 2010-07-27 | Completed | 33.33% | $30.62 | $31.94 | 4.25% | Signal | |
| 2010-05-07 | 2010-06-01 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2010-05-07 | 2010-06-01 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2010-05-07 | 2010-06-01 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2009-09-15 | 2010-05-07 | Completed | 33.33% | $28.13 | $31.53 | 12.04% | Stop | |
| 2009-07-30 | 2010-05-07 | Completed | 33.33% | $25.56 | $31.53 | 23.31% | Stop | |
| 2009-05-13 | 2010-05-07 | Completed | 33.33% | $22.80 | $31.53 | 38.21% | Stop | |
| 2008-06-24 | 2009-09-15 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.63% | Interest Income | |
| 2007-11-27 | 2009-07-30 | Interest (CASH) | 33.33% | $1.00 | $1.02 | 1.79% | Interest Income | |
| 2008-07-16 | 2009-05-13 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.47% | Interest Income | |
| 2008-06-10 | 2008-07-16 | Completed | 33.33% | $33.09 | $29.13 | -12.02% | Stop | |
| 2008-02-01 | 2008-06-24 | Completed | 33.33% | $33.37 | $31.98 | -4.20% | Signal | |
| 2007-08-17 | 2008-06-10 | Interest (CASH) | 33.33% | $1.00 | $1.02 | 2.17% | Interest Income | |
| 2008-01-09 | 2008-02-01 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.17% | Interest Income | |
| 2005-04-26 | 2008-01-09 | Completed | 33.33% | $26.51 | $32.46 | 22.36% | Stop | |
| 2007-09-11 | 2007-11-27 | Completed | 33.33% | $35.27 | $33.87 | -4.02% | Signal | |
| 2007-08-17 | 2007-09-11 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.25% | Interest Income | |
| 2006-12-08 | 2007-08-17 | Completed | 33.33% | $34.55 | $35.75 | 3.42% | Stop | |
| 2006-09-06 | 2007-08-17 | Completed | 33.33% | $31.48 | $35.75 | 13.49% | Stop | |
| 2006-10-06 | 2006-12-08 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.87% | Interest Income | |
| 2005-04-26 | 2006-10-06 | Completed | 33.33% | $26.51 | $32.67 | 23.16% | Signal | |
| 2006-06-29 | 2006-09-06 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.93% | Interest Income | |
| 2005-12-30 | 2006-06-29 | Completed | 33.33% | $30.03 | $30.53 | 1.60% | Signal | |
| 2005-12-07 | 2005-12-30 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.25% | Interest Income | |
| 2005-07-15 | 2005-12-07 | Completed | 33.33% | $28.86 | $30.15 | 4.41% | Signal | |
| 2005-05-09 | 2005-07-15 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.56% | Interest Income | |
| 2005-04-26 | 2005-05-09 | Completed | 33.33% | $26.51 | $26.78 | 0.95% | Signal | |
| 2005-04-22 | 2005-04-26 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2005-04-22 | 2005-04-26 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2005-04-22 | 2005-04-26 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |