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Invesco S&P 500® High Dividend Low Volatility ETF (SPHD) Sharpe Ratio: 0.84

ETF · Currency in USD · Last updated Jun 3, 2026

The Invesco S&P 500 High Dividend Low Volatility ETF (SPHD) seeks to track the performance of the S&P Low Volatility High Dividend Index, which focuses on high-dividend-yielding stocks in the S&P 500 with lower volatility than the overall market. It aims to provide exposure to lower-risk, high-income equities through a passive investment strategy.

SPHD's Sharpe Ratio of 0.84 indicates that for each unit of volatility, it generates 0.84 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 3, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

SPHD Sharpe Ratio Rank

SPHD Sharpe Ratio Rank: 23.924
Below Average

SPHD ranks above 23.9% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

SPHD Sharpe Ratio Market Positioning

The chart shows SPHD's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.91 or lower
  • Yellow zone (middle 50%): 0.91 to 2.51
  • Green zone (top 25%): 2.51 or higher
  • Top 1%: 7.78+
  • Median: 1.77 — half of all investments score higher

How it compares to other similar ETFs

The table compares Invesco S&P 500® High Dividend Low Volatility ETF's Sharpe Ratio with other ETFs in the S&P 500, Dividend category across multiple time periods, showing how SPHD's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 3, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
PMMYPGIM S&P 500 Max Buffer ETF - May5.48
CPSPCalamos S&P 500 Structured Alt Protection ETF - April5.18
HIBLDirexion Daily S&P 500 High Beta Bull 3X Shares4.74
AMDYYieldMax AMD Option Income Strategy ETF4.42
PMFBPGIM S&P 500 Max Buffer ETF - February3.94
CPSMCalamos S&P 500 Structured Alt Protection ETF - May3.92
PMJAPGIM S&P 500 Max Buffer ETF - January3.90
RSPTInvesco S&P 500 Equal Weight Technology ETF3.76
CPSTCalamos S&P 500 Structured Alt Protection ETF - September3.66
MAYMFT Vest U.S. Equity Max Buffer ETF - May3.61
SPHDInvesco S&P 500® High Dividend Low Volatility ETF0.84

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows SPHD's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when SPHD consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does SPHD fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

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