Invesco Defensive Equity ETF (DEF)

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The chart shows the growth of an initial investment of $10,000 in Invesco Defensive Equity 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 Defensive Equity ETF (DEF) has returned -4.22% so far this year and 5.85% over the past 12 months. Over the last ten years, DEF has returned 10.28% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Dec 15, 2006, DEF's average daily return is +0.04%, while the average monthly return is +0.76%. At this rate, your investment would double in approximately 7.6 years.

Historically, 65% of months were positive and 35% were negative. The best month was Oct 2022 with a return of +9.4%, while the worst month was Oct 2008 at -17.6%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 5 months.

On a daily basis, DEF closed higher 54% of trading days. The best single day was Mar 24, 2020 with a return of +10.8%, while the worst single day was Mar 16, 2020 at -10.4%.

Invesco Defensive Equity ETF has an annualized alpha of 2.82%, beta of 0.68, and R² of 0.71 versus S&P 500 Index. Calculated based on daily prices since December 18, 2006.

• This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (81.24%) than losses (79.17%) — typical of diversified or defensive assets.
• This ETF generated an annualized alpha of 2.82% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
• Beta of 0.68 indicates this ETF moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

DEF has an expense ratio of 0.53%, placing it in the medium range.

DEF ranks 24 for risk / return — below 24% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

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

Invesco Defensive Equity ETF provided a 0.98% dividend yield over the last twelve months, with an annual payout of $0.85 per share.

The table displays the monthly dividend distributions for Invesco Defensive Equity 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 Defensive Equity 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 Defensive Equity ETF was 47.91%, occurring on Mar 9, 2009. Recovery took 519 trading sessions.

The current Invesco Defensive Equity ETF drawdown is 8.29%.

The chart below shows the rolling one-month volatility.