Invesco S&P 500® Downside Hedged ETF (PHDG)
PHDG is an actively managed ETF by Invesco. PHDG launched on Dec 6, 2012 and has a 0.40% expense ratio.
ETF Info
| ISIN | US73935B8054 |
|---|---|
| CUSIP | 46090A705 |
| Issuer | Invesco |
| Inception Date | Dec 6, 2012 |
| Region | Developed Markets (Broad) |
| Category | Hedge Fund, Actively Managed |
| Index Tracked | No Index (Active) |
| Asset Class | Equity |
Asset Class Size | Multi-Cap |
Asset Class Style | Blend |
Expense Ratio
PHDG features an expense ratio of 0.40%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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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.
Returns By Period
Invesco S&P 500® Downside Hedged ETF had a return of 9.70% year-to-date (YTD) and 11.42% in the last 12 months. Over the past 10 years, Invesco S&P 500® Downside Hedged ETF had an annualized return of 4.65%, while the S&P 500 had an annualized return of 10.64%, indicating that Invesco S&P 500® Downside Hedged ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 9.70% | 13.78% |
| 1 month | 0.09% | -0.38% |
| 6 months | 8.15% | 11.47% |
| 1 year | 11.42% | 18.82% |
| 5 years (annualized) | 6.66% | 12.44% |
| 10 years (annualized) | 4.65% | 10.64% |
Monthly Returns
The table below presents the monthly returns of PHDG, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.99% | 4.25% | 2.49% | -4.32% | 3.05% | 3.62% | 9.70% | ||||||
| 2023 | 3.28% | -2.61% | 1.80% | -0.12% | -0.34% | 2.22% | 2.79% | -4.50% | -4.34% | 0.40% | 5.51% | 4.38% | 8.19% |
| 2022 | -2.36% | -2.45% | -0.20% | -4.23% | -0.69% | -4.87% | 6.75% | -0.37% | -1.77% | 3.77% | -2.38% | -5.60% | -14.09% |
| 2021 | 2.75% | -0.47% | -0.10% | 4.65% | -0.33% | 1.15% | 1.72% | 2.16% | -3.16% | 3.27% | 2.79% | 0.45% | 15.67% |
| 2020 | 0.58% | -0.82% | 5.18% | 2.30% | 2.24% | 1.29% | 3.37% | 7.20% | -3.77% | -1.24% | -1.20% | 2.88% | 18.99% |
| 2019 | 2.49% | 2.97% | 1.02% | 2.15% | -5.49% | 4.74% | 1.52% | -3.23% | -0.15% | -2.97% | 3.13% | 2.59% | 8.56% |
| 2018 | 5.92% | 2.92% | -5.05% | -1.56% | 1.92% | -0.90% | 3.29% | 2.55% | 0.38% | -5.75% | -0.39% | -5.03% | -2.44% |
| 2017 | 1.13% | 3.94% | -0.14% | 0.08% | 1.75% | -0.99% | 2.61% | 0.19% | 1.53% | 1.58% | 2.58% | 0.69% | 15.89% |
| 2016 | -2.96% | 0.42% | 4.26% | -0.72% | 0.16% | -4.74% | 1.44% | 0.02% | 0.21% | -1.93% | 2.01% | 1.56% | -0.58% |
| 2015 | -1.69% | 2.52% | -3.83% | -0.78% | -0.19% | -2.68% | -1.20% | -2.82% | -2.90% | 3.58% | 0.36% | -0.48% | -9.89% |
| 2014 | -3.19% | 3.63% | 0.77% | -2.13% | 1.82% | 1.44% | 0.14% | 1.44% | -0.03% | 2.57% | 1.87% | -2.94% | 5.25% |
| 2013 | 2.20% | 1.25% | 1.64% | 0.58% | 2.87% | -0.14% | 2.11% | -2.75% | 0.02% | 1.37% | 2.47% | 1.02% | 13.25% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PHDG is 58, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
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.
Dividends
Dividend History
Invesco S&P 500® Downside Hedged ETF granted a 1.78% dividend yield in the last twelve months. The annual payout for that period amounted to $0.66 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.66 | $0.66 | $0.44 | $0.17 | $0.21 | $0.50 | $0.41 | $0.50 | $0.55 | $0.41 | $1.52 | $0.49 |
Dividend yield | 1.78% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.17 | $0.00 | $0.32 | |||||
| 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 | $0.66 |
| 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 | $0.44 |
| 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 | $0.17 |
| 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 | $0.21 |
| 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 | $0.50 |
| 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 | $0.41 |
| 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 | $0.50 |
| 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 | $0.55 |
| 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 | $0.41 |
| 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 | $1.52 |
| 2013 | $0.07 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.29 | $0.49 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 3.81%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -17.7% | Dec 8, 2014 | 482 | Nov 3, 2016 | 270 | Dec 11, 2017 | 752 |
| -17.06% | Dec 28, 2021 | 446 | Oct 5, 2023 | 172 | Jun 12, 2024 | 618 |
| -15.87% | Mar 19, 2020 | 18 | Apr 14, 2020 | 92 | Aug 24, 2020 | 110 |
| -12.78% | Feb 7, 2018 | 223 | Jan 3, 2019 | 295 | Mar 12, 2020 | 518 |
| -10.06% | Sep 3, 2020 | 12 | Sep 21, 2020 | 142 | Apr 15, 2021 | 154 |
Volatility
Volatility Chart
The current Invesco S&P 500® Downside Hedged ETF volatility is 3.37%, 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.