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Invesco Short Duration High Yield ETF (GTOH)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

Issuer
Invesco
Inception Date
Dec 9, 2022
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Domicile
United States
Distribution Policy
Distributing
Asset Class
Bond
Asset Class Size
Multi-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

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


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S&P 500 Index

Returns By Period

Invesco Short Duration High Yield ETF (GTOH) has returned 0.05% so far this year and 7.19% over the past 12 months.


Invesco Short Duration High Yield ETF

1D
0.82%
1M
-1.04%
YTD
0.05%
6M
1.47%
1Y
7.19%
3Y*
7.37%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Dec 9, 2022, GTOH's average daily return is +0.03%, while the average monthly return is +0.58%. At this rate, your investment would double in approximately 10.0 years.

Historically, 73% of months were positive and 28% were negative. The best month was Nov 2023 with a return of +3.6%, while the worst month was Feb 2023 at -2.2%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 2 months.

On a daily basis, GTOH closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +1.9%, while the worst single day was Feb 21, 2023 at -1.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.71%0.39%-1.04%0.05%
20251.22%0.35%-0.84%-0.27%1.94%1.71%0.06%1.14%0.95%0.26%0.77%0.38%7.91%
20240.30%0.15%1.33%-0.96%1.33%0.75%1.52%1.50%1.13%-0.78%1.02%-0.86%6.57%
20233.03%-2.20%1.97%0.58%-1.22%1.69%1.13%0.12%-1.03%-0.67%3.59%3.26%10.54%
2022-1.34%-1.34%

Benchmark Metrics

Invesco Short Duration High Yield ETF has an annualized alpha of 3.70%, beta of 0.20, and R² of 0.46 versus S&P 500 Index. Calculated based on daily prices since December 12, 2022.

  • This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (31.78%) than losses (27.30%) — typical of diversified or defensive assets.
  • Beta of 0.20 may look defensive, but with R² of 0.46 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R² of 0.46 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.

Alpha
3.70%
Beta
0.20
0.46
Upside Capture
31.78%
Downside Capture
27.30%

Expense Ratio

GTOH has an expense ratio of 0.48%, placing it in the medium range.


Return for Risk

Risk / Return Rank

GTOH ranks 84 for risk / return — in the top 84% 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.


GTOH Risk / Return Rank: 8484
Overall Rank
GTOH Sharpe Ratio Rank: 8383
Sharpe Ratio Rank
GTOH Sortino Ratio Rank: 8787
Sortino Ratio Rank
GTOH Omega Ratio Rank: 8888
Omega Ratio Rank
GTOH Calmar Ratio Rank: 7575
Calmar Ratio Rank
GTOH Martin Ratio Rank: 8787
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Invesco Short Duration High Yield ETF (GTOH) and compare them to a chosen benchmark (S&P 500 Index).


GTOHBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.66

0.90

+0.76

Sortino ratio

Return per unit of downside risk

2.45

1.39

+1.06

Omega ratio

Gain probability vs. loss probability

1.37

1.21

+0.16

Calmar ratio

Return relative to maximum drawdown

2.06

1.40

+0.66

Martin ratio

Return relative to average drawdown

10.75

6.61

+4.14

Explore GTOH risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Invesco Short Duration High Yield ETF provided a 6.50% dividend yield over the last twelve months, with an annual payout of $1.65 per share.


6.60%6.65%6.70%6.75%6.80%$0.00$0.50$1.00$1.50202320242025
Dividends
Dividend Yield
PeriodTTM202520242023
Dividend$1.65$1.69$1.73$1.74

Dividend yield

6.50%6.57%6.81%6.81%

Monthly Dividends

The table displays the monthly dividend distributions for Invesco Short Duration High Yield ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.13$0.12$0.12$0.37
2025$0.14$0.14$0.14$0.14$0.14$0.13$0.13$0.13$0.13$0.12$0.13$0.22$1.69
2024$0.15$0.14$0.14$0.14$0.14$0.15$0.14$0.14$0.15$0.14$0.15$0.14$1.73
2023$0.16$0.00$0.15$0.16$0.15$0.15$0.15$0.15$0.15$0.16$0.15$0.20$1.74

Drawdowns

Drawdowns Chart

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Invesco Short Duration High Yield 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 Short Duration High Yield ETF was 4.77%, occurring on Feb 21, 2023. Recovery took 98 trading sessions.

The current Invesco Short Duration High Yield ETF drawdown is 1.23%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-4.77%Feb 3, 202312Feb 21, 202398Jul 13, 2023110
-4.13%Feb 6, 202543Apr 8, 202523May 12, 202566
-2.92%Sep 15, 202326Oct 20, 202310Nov 3, 202336
-2.87%Dec 14, 202210Dec 28, 20227Jan 9, 202317
-2.29%Feb 27, 202621Mar 27, 2026

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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