Invesco S&P 500® High Dividend Low Volatility ETF (SPHD)
The Invesco S&P 500 High Dividend Low Volatility ETF (SPHD) is a passive exchange-traded fund (ETF) managed by Invesco. It tracks the investment results of the S&P Low Volatility High Dividend Index, which is designed to measure the performance of high-dividend-yielding stocks in the S&P 500 Index that have lower volatility compared to the overall market.
SPHD was launched on October 18, 2012, with an expense ratio of 0.30%. The fund distributes dividends on a monthly basis. As a passive fund, SPHD aims to replicate the performance of the index it tracks rather than actively selecting and trading individual securities.
ETF Info
| ISIN | US73937B6544 |
|---|---|
| CUSIP | 73937B654 |
| Issuer | Invesco |
| Inception Date | Oct 18, 2012 |
| Region | North America (U.S.) |
| Category | Volatility Hedged Equity, Dividend |
| Index Tracked | S&P Low Volatility High Dividend index |
| Home Page | www.invesco.com |
| Asset Class | Equity |
Asset Class Size | Multi-Cap |
Asset Class Style | Blend |
Expense Ratio
The Invesco S&P 500® High Dividend Low Volatility ETF has a high expense ratio of 0.30%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Invesco S&P 500® High Dividend Low Volatility 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® High Dividend Low Volatility ETF had a return of 3.96% year-to-date (YTD) and 7.87% in the last 12 months. Over the past 10 years, Invesco S&P 500® High Dividend Low Volatility ETF had an annualized return of 8.06%, while the S&P 500 had an annualized return of 10.55%, indicating that Invesco S&P 500® High Dividend Low Volatility ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.96% | 6.30% |
| 1 month | 0.24% | -3.13% |
| 6 months | 16.37% | 19.37% |
| 1 year | 7.87% | 22.56% |
| 5 years (annualized) | 5.11% | 11.65% |
| 10 years (annualized) | 8.06% | 10.55% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.94% | 1.55% | 5.14% | |||||||||
| 2023 | -4.35% | -2.56% | 7.52% | 4.62% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Invesco S&P 500® High Dividend Low Volatility ETF(SPHD)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Invesco S&P 500® High Dividend Low Volatility ETF (SPHD) 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® High Dividend Low Volatility ETF granted a 4.34% dividend yield in the last twelve months. The annual payout for that period amounted to $1.89 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.89 | $1.90 | $1.70 | $1.56 | $1.84 | $1.79 | $1.68 | $1.33 | $1.50 | $1.16 | $1.06 | $1.04 |
Dividend yield | 4.34% | 4.48% | 3.89% | 3.45% | 4.89% | 4.07% | 4.40% | 3.14% | 3.83% | 3.49% | 3.24% | 3.68% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco S&P 500® High Dividend Low Volatility 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.15 | $0.15 | $0.13 | |||||||||
| 2023 | $0.14 | $0.15 | $0.15 | $0.15 | $0.15 | $0.16 | $0.16 | $0.16 | $0.18 | $0.18 | $0.16 | $0.17 |
| 2022 | $0.14 | $0.14 | $0.15 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 |
| 2021 | $0.15 | $0.15 | $0.14 | $0.13 | $0.11 | $0.12 | $0.11 | $0.13 | $0.13 | $0.13 | $0.13 | $0.14 |
| 2020 | $0.16 | $0.16 | $0.16 | $0.16 | $0.16 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 |
| 2019 | $0.13 | $0.14 | $0.14 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 |
| 2018 | $0.14 | $0.15 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.15 |
| 2017 | $0.12 | $0.13 | $0.12 | $0.12 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.13 | $0.12 |
| 2016 | $0.11 | $0.11 | $0.12 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.12 | $0.12 | $0.12 | $0.25 |
| 2015 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.10 | $0.10 | $0.09 | $0.10 | $0.11 | $0.10 | $0.10 |
| 2014 | $0.09 | $0.09 | $0.09 | $0.09 | $0.08 | $0.09 | $0.08 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 |
| 2013 | $0.09 | $0.10 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.09 | $0.09 | $0.09 | $0.12 |
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® High Dividend Low Volatility 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® High Dividend Low Volatility ETF was 41.39%, occurring on Mar 23, 2020. Recovery took 241 trading sessions.
The current Invesco S&P 500® High Dividend Low Volatility ETF drawdown is 3.78%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -41.39% | Jan 21, 2020 | 44 | Mar 23, 2020 | 241 | Mar 8, 2021 | 285 |
| -19.51% | Apr 21, 2022 | 121 | Oct 12, 2022 | — | — | — |
| -12.54% | Sep 24, 2018 | 64 | Dec 24, 2018 | 34 | Feb 13, 2019 | 98 |
| -11.06% | Jan 29, 2018 | 39 | Mar 23, 2018 | 102 | Aug 17, 2018 | 141 |
| -8.88% | Aug 18, 2015 | 6 | Aug 25, 2015 | 41 | Oct 22, 2015 | 47 |
Volatility
Volatility Chart
The current Invesco S&P 500® High Dividend Low Volatility ETF volatility is 4.13%, 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.