Invesco S&P Spin-Off ETF (CSD)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

The chart shows the growth of an initial investment of $10,000 in Invesco S&P Spin-Off ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Invesco S&P Spin-Off ETF (CSD) has returned 12.97% so far this year and 50.42% over the past 12 months. Over the last ten years, CSD has had an annualized return of 12.09%, just under the S&P 500 Index benchmark’s 12.16%.

Based on dividend-adjusted daily data since Dec 15, 2006, CSD's average daily return is +0.05%, while the average monthly return is +0.94%. At this rate, your investment would double in approximately 6.2 years.

Historically, 59% of months were positive and 41% were negative. The best month was Nov 2020 with a return of +21.7%, while the worst month was Mar 2020 at -33.4%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.

On a daily basis, CSD closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +13.3%, while the worst single day was Mar 16, 2020 at -16.8%.

Invesco S&P Spin-Off ETF has an annualized alpha of 2.20%, beta of 0.96, and R² of 0.64 versus S&P 500 Index. Calculated based on daily prices since December 18, 2006.

• This ETF captured 123.24% of S&P 500 Index gains and 116.26% of its losses — amplifying both gains and losses, but participating more in upside than downside.
• This ETF generated an annualized alpha of 2.20% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
• With beta of 0.96 and R² of 0.64, this ETF moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

CSD has an expense ratio of 0.65%, placing it in the medium range.

CSD ranks 86 for risk / return — in the top 86% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for Invesco S&P Spin-Off ETF (CSD) and compare them to a chosen benchmark (S&P 500 Index).

Invesco S&P Spin-Off ETF provided a 0.14% dividend yield over the last twelve months, with an annual payout of $0.16 per share.

The table displays the monthly dividend distributions for Invesco S&P Spin-Off ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Invesco S&P Spin-Off ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Invesco S&P Spin-Off ETF was 70.47%, occurring on Nov 20, 2008. Recovery took 1020 trading sessions.

The current Invesco S&P Spin-Off ETF drawdown is 7.06%.

The chart below shows the rolling one-month volatility.