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
US73937B6544
73937B654
Oct 18, 2012
North America (U.S.)
1x
S&P Low Volatility High Dividend index
Multi-Cap
Blend
Expense Ratio
SPHD features an expense ratio of 0.30%, 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® 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 19.37% year-to-date (YTD) and 20.51% in the last 12 months. Over the past 10 years, Invesco S&P 500® High Dividend Low Volatility ETF had an annualized return of 8.30%, while the S&P 500 had an annualized return of 11.35%, indicating that Invesco S&P 500® High Dividend Low Volatility ETF did not perform as well as the benchmark.
SPHD
19.37%
-1.61%
12.11%
20.51%
6.70%
8.30%
^GSPC (Benchmark)
26.85%
3.07%
10.27%
27.63%
13.60%
11.35%
Monthly Returns
The table below presents the monthly returns of SPHD, 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 | -0.94% | 1.54% | 5.14% | -2.11% | 4.49% | -1.26% | 6.95% | 4.87% | 2.33% | -0.69% | 3.60% | 19.37% | |
| 2023 | 3.90% | -4.67% | -1.77% | 0.33% | -6.59% | 5.70% | 3.43% | -3.04% | -4.35% | -2.56% | 7.52% | 4.62% | 1.32% |
| 2022 | 0.84% | -0.78% | 5.20% | -1.19% | 2.75% | -7.04% | 2.71% | -2.49% | -10.68% | 9.79% | 6.96% | -3.61% | 0.58% |
| 2021 | 2.01% | 3.20% | 9.53% | 3.40% | 2.27% | -1.97% | -0.60% | 1.48% | -3.99% | 1.96% | -2.60% | 8.71% | 24.98% |
| 2020 | -4.05% | -9.46% | -20.53% | 10.46% | 1.39% | -0.63% | 2.52% | 1.82% | -2.71% | -0.94% | 13.38% | 2.70% | -9.98% |
| 2019 | 8.69% | 1.80% | 1.49% | 0.80% | -6.13% | 5.95% | 0.00% | -3.09% | 5.61% | -0.23% | 1.95% | 2.64% | 20.26% |
| 2018 | 0.26% | -6.77% | 0.48% | 0.77% | 1.92% | 2.41% | 1.85% | 0.40% | -0.34% | -2.47% | 3.33% | -7.48% | -6.17% |
| 2017 | 1.72% | 3.32% | -0.70% | -1.13% | 0.90% | 0.34% | 0.67% | -0.42% | 2.44% | 0.73% | 3.69% | -0.13% | 11.90% |
| 2016 | -0.69% | 4.08% | 8.80% | 0.26% | -0.27% | 3.99% | 4.64% | -1.58% | -0.36% | -2.78% | 2.55% | 2.28% | 22.37% |
| 2015 | 0.11% | 1.25% | -0.37% | 0.04% | 0.09% | -3.04% | 3.91% | -3.66% | 0.18% | 6.01% | -0.04% | 0.94% | 5.18% |
| 2014 | -1.91% | 3.60% | 3.16% | 4.15% | 1.56% | 1.93% | -3.71% | 3.80% | -1.43% | 4.89% | 2.22% | 0.50% | 19.99% |
| 2013 | 5.76% | 2.15% | 5.00% | 4.08% | -3.05% | 0.06% | 3.21% | -4.16% | 1.40% | 4.49% | -0.25% | 0.89% | 20.81% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SPHD is 71, 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® 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 provided a 3.08% dividend yield over the last twelve months, with an annual payout of $1.51 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.51 | $1.90 | $1.71 | $1.56 | $1.84 | $1.79 | $1.68 | $1.33 | $1.50 | $1.16 | $1.06 | $1.04 |
Dividend yield | 3.08% | 4.48% | 3.89% | 3.46% | 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.15 | $0.15 | $0.13 | $0.14 | $0.14 | $0.13 | $0.14 | $0.13 | $0.13 | $0.13 | $0.14 | $0.00 | $1.51 |
| 2023 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.16 | $0.16 | $0.16 | $0.18 | $0.18 | $0.16 | $0.17 | $1.90 |
| 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 | $1.71 |
| 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 | $1.56 |
| 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 | $1.84 |
| 2019 | $0.14 | $0.14 | $0.14 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.16 | $0.16 | $1.79 |
| 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 | $1.68 |
| 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 | $1.33 |
| 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 | $1.50 |
| 2015 | $0.09 | $0.10 | $0.10 | $0.09 | $0.09 | $0.10 | $0.10 | $0.09 | $0.10 | $0.11 | $0.10 | $0.10 | $1.16 |
| 2014 | $0.09 | $0.09 | $0.09 | $0.09 | $0.08 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $1.06 |
| 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 | $1.04 |
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.
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 5.35%.
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 | 399 | May 15, 2024 | 520 |
| -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 2.82%, 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.