Invesco High Yield Select ETF (HIYS)

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The chart shows the growth of an initial investment of $10,000 in Invesco High Yield Select 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 High Yield Select ETF (HIYS) has returned 0.27% so far this year and 7.10% over the past 12 months.

Based on dividend-adjusted daily data since Dec 9, 2022, HIYS's average daily return is +0.03%, while the average monthly return is +0.57%. At this rate, your investment would double in approximately 10.2 years.

Historically, 73% of months were positive and 27% 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, HIYS 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%.

Invesco High Yield Select ETF has an annualized alpha of 3.71%, 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 (31.81%) 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.

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

HIYS ranks 80 for risk / return — better than 80% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

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

Invesco High Yield Select ETF provided a 6.49% dividend yield over the last twelve months, with an annual payout of $1.65 per share.

The table displays the monthly dividend distributions for Invesco High Yield Select 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 High Yield Select 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 High Yield Select ETF was 4.77%, occurring on Feb 21, 2023. Recovery took 98 trading sessions.

The current Invesco High Yield Select ETF drawdown is 1.02%.

The chart below shows the rolling one-month volatility.