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Invesco S&P 500® Downside Hedged ETF (PHDG)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS73935B8054
CUSIP46090A705
IssuerInvesco
Inception DateDec 6, 2012
RegionDeveloped Markets (Broad)
CategoryHedge Fund, Actively Managed
Index TrackedNo Index (Active)
Asset ClassEquity

Asset Class Size

Multi-Cap

Asset Class Style

Blend

Expense Ratio

The Invesco S&P 500® Downside Hedged ETF has a high expense ratio of 0.40%, indicating higher-than-average management fees.


0.50%1.00%1.50%2.00%0.40%

Share Price Chart


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Compare to other instruments

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Invesco S&P 500® Downside Hedged ETF

Popular comparisons: PHDG vs. SPY, PHDG vs. SVOL, PHDG vs. SCHD, PHDG vs. SPTM, PHDG vs. DIVO, PHDG vs. JEPI, PHDG vs. QQQ, PHDG vs. VOO

Performance

Performance Chart

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


-5.00%0.00%5.00%10.00%15.00%20.00%NovemberDecember2024FebruaryMarchApril
13.59%
15.73%
PHDG (Invesco S&P 500® Downside Hedged ETF)
Benchmark (^GSPC)

S&P 500

Returns By Period

Invesco S&P 500® Downside Hedged ETF had a return of 4.93% year-to-date (YTD) and 10.86% in the last 12 months. Over the past 10 years, Invesco S&P 500® Downside Hedged ETF had an annualized return of 4.68%, while the S&P 500 had an annualized return of 10.53%, indicating that Invesco S&P 500® Downside Hedged ETF did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date4.93%6.12%
1 month-1.03%-1.08%
6 months13.59%15.73%
1 year10.86%22.34%
5 years (annualized)6.33%11.82%
10 years (annualized)4.68%10.53%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20240.99%4.25%2.49%
2023-4.34%0.40%5.51%4.38%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of PHDG is 56, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.

The Risk-Adjusted Performance Rank of PHDG is 5656
Invesco S&P 500® Downside Hedged ETF(PHDG)
The Sharpe Ratio Rank of PHDG is 5757Sharpe Ratio Rank
The Sortino Ratio Rank of PHDG is 5959Sortino Ratio Rank
The Omega Ratio Rank of PHDG is 5959Omega Ratio Rank
The Calmar Ratio Rank of PHDG is 5151Calmar Ratio Rank
The Martin Ratio Rank of PHDG is 5151Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Invesco S&P 500® Downside Hedged ETF (PHDG) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


PHDG
Sharpe ratio
The chart of Sharpe ratio for PHDG, currently valued at 1.00, compared to the broader market0.002.004.001.00
Sortino ratio
The chart of Sortino ratio for PHDG, currently valued at 1.58, compared to the broader market-2.000.002.004.006.008.0010.001.58
Omega ratio
The chart of Omega ratio for PHDG, currently valued at 1.19, compared to the broader market1.001.502.002.501.19
Calmar ratio
The chart of Calmar ratio for PHDG, currently valued at 0.61, compared to the broader market0.002.004.006.008.0010.0012.000.61
Martin ratio
The chart of Martin ratio for PHDG, currently valued at 2.82, compared to the broader market0.0020.0040.0060.0080.002.82
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.89, compared to the broader market0.002.004.001.89
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.74, compared to the broader market-2.000.002.004.006.008.0010.002.74
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.33, compared to the broader market1.001.502.002.501.33
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.43, compared to the broader market0.002.004.006.008.0010.0012.001.43
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 7.65, compared to the broader market0.0020.0040.0060.0080.007.65

Sharpe Ratio

The current Invesco S&P 500® Downside Hedged ETF Sharpe ratio is 1.00. A Sharpe ratio greater than 1.0 is considered acceptable.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00NovemberDecember2024FebruaryMarchApril
1.00
1.89
PHDG (Invesco S&P 500® Downside Hedged ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Invesco S&P 500® Downside Hedged ETF granted a 1.77% dividend yield in the last twelve months. The annual payout for that period amounted to $0.63 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.63$0.66$0.44$0.17$0.21$0.50$0.41$0.50$0.55$0.41$1.52$0.49

Dividend yield

1.77%1.93%1.35%0.44%0.63%1.80%1.56%1.83%2.29%1.64%5.46%1.76%

Monthly Dividends

The table displays the monthly dividend distributions for Invesco S&P 500® Downside Hedged ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2024$0.00$0.00$0.15
2023$0.00$0.00$0.18$0.00$0.00$0.14$0.00$0.00$0.13$0.00$0.00$0.21
2022$0.00$0.00$0.05$0.00$0.00$0.07$0.00$0.00$0.10$0.00$0.00$0.22
2021$0.00$0.00$0.05$0.00$0.00$0.04$0.00$0.00$0.04$0.00$0.00$0.03
2020$0.00$0.00$0.06$0.00$0.00$0.06$0.00$0.00$0.04$0.00$0.00$0.05
2019$0.00$0.00$0.09$0.00$0.00$0.10$0.00$0.00$0.12$0.00$0.00$0.20
2018$0.00$0.00$0.06$0.00$0.00$0.09$0.00$0.00$0.11$0.00$0.00$0.15
2017$0.00$0.00$0.00$0.00$0.00$0.07$0.00$0.00$0.18$0.00$0.00$0.25
2016$0.00$0.00$0.06$0.00$0.00$0.12$0.00$0.00$0.10$0.00$0.00$0.27
2015$0.00$0.00$0.07$0.00$0.00$0.08$0.00$0.00$0.07$0.00$0.00$0.19
2014$0.00$0.00$0.07$0.00$0.00$0.06$0.00$0.00$0.05$0.00$0.00$1.34
2013$0.07$0.00$0.00$0.08$0.00$0.00$0.05$0.00$0.00$0.29

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-15.00%-10.00%-5.00%0.00%NovemberDecember2024FebruaryMarchApril
-3.51%
-3.66%
PHDG (Invesco S&P 500® Downside Hedged ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Invesco S&P 500® Downside Hedged 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 500® Downside Hedged ETF was 17.70%, occurring on Nov 3, 2016. Recovery took 270 trading sessions.

The current Invesco S&P 500® Downside Hedged ETF drawdown is 3.51%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-17.7%Dec 8, 2014482Nov 3, 2016270Dec 11, 2017752
-17.06%Dec 28, 2021446Oct 5, 2023
-15.87%Mar 19, 202018Apr 14, 202092Aug 24, 2020110
-12.78%Feb 7, 2018223Jan 3, 2019295Mar 12, 2020518
-10.06%Sep 3, 202012Sep 21, 2020142Apr 15, 2021154

Volatility

Volatility Chart

The current Invesco S&P 500® Downside Hedged ETF volatility is 2.86%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%NovemberDecember2024FebruaryMarchApril
2.86%
3.44%
PHDG (Invesco S&P 500® Downside Hedged ETF)
Benchmark (^GSPC)