- ISIN
- US73935X6821
- CUSIP
- 73935X682
- Issuer
- Invesco
- Inception Date
- Dec 6, 2005
- Region
- North America (U.S.)
- Category
- S&P 500, Large Cap Blend Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- S&P 500 Quality Index
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $19B
Share Price Chart
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Performance
SPHQ Performance Chart
Invesco S&P 500 Quality ETF (SPHQ) is up 14.4% since the beginning of the year. SPHQ is currently trading at $86 per share. Investors who bought $1,000 worth of SPHQ shares 5 years ago would now be looking at an investment worth $1,933.
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Returns By Period
Invesco S&P 500 Quality ETF (SPHQ) has returned 14.44% so far this year and 22.02% over the past 12 months. Looking at the last ten years, SPHQ has achieved an annualized return of 14.93%, outperforming the S&P 500 Index benchmark, which averaged 13.42% per year.
Invesco S&P 500 Quality ETF
- 1D
- 0.14%
- 1M
- 3.78%
- YTD
- 14.44%
- 6M
- 15.70%
- 1Y
- 22.02%
- 3Y*
- 22.13%
- 5Y*
- 14.09%
- 10Y*
- 14.93%
Benchmark (S&P 500 Index)
- 1D
- -0.26%
- 1M
- -0.17%
- YTD
- 7.91%
- 6M
- 7.98%
- 1Y
- 22.99%
- 3Y*
- 19.77%
- 5Y*
- 11.75%
- 10Y*
- 13.42%
SPHQ Monthly Returns History
Based on dividend-adjusted daily data since Dec 6, 2005, SPHQ's average daily return is +0.05%, while the average monthly return is +0.90%. At this rate, an investment would double in approximately 6.4 years.
Historically, 64% of months were positive and 36% were negative. The best month was Apr 2020 with a return of +12.3%, while the worst month was Oct 2008 at -17.9%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.
On a daily basis, SPHQ closed higher 54% of trading days. The best single day was Oct 13, 2008 with a return of +12.9%, while the worst single day was Mar 16, 2020 at -10.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.12% | 4.59% | -6.75% | 7.83% | 5.28% | 0.23% | 14.44% | ||||||
| 2025 | 4.07% | 0.76% | -5.33% | -0.29% | 6.27% | 1.61% | 0.17% | 1.41% | 1.55% | 1.05% | 0.89% | 0.74% | 13.25% |
| 2024 | 2.96% | 4.97% | 3.73% | -3.46% | 5.37% | 3.68% | 1.67% | 3.16% | 1.23% | -2.38% | 5.18% | -2.68% | 25.44% |
| 2023 | 4.82% | -2.04% | 5.20% | 1.67% | -0.81% | 6.12% | 3.79% | 0.21% | -4.29% | -2.74% | 6.72% | 4.50% | 24.83% |
| 2022 | -4.19% | -2.61% | 0.87% | -7.11% | 1.62% | -10.41% | 8.31% | -3.78% | -8.77% | 9.34% | 7.11% | -4.95% | -15.76% |
| 2021 | -0.59% | 2.01% | 4.16% | 3.18% | 1.88% | 4.61% | 2.65% | 1.94% | -4.21% | 6.06% | -1.26% | 5.01% | 28.03% |
Benchmark Metrics
Invesco S&P 500 Quality ETF has an annualized alpha of 1.86%, beta of 0.91, and R2 of 0.84 versus S&P 500 Index. Calculated based on daily prices since December 06, 2005.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (96.22%) than losses (91.77%) - typical of diversified or defensive assets.
- With beta of 0.91 and R2 of 0.84, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 1.86%
- Beta
- 0.91
- R²
- 0.84
- Upside Capture
- 96.22%
- Downside Capture
- 91.77%
Expense Ratio
SPHQ has an expense ratio of 0.15%, which is considered low.
Return for Risk
Risk / Return Rank
SPHQ ranks 60 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Invesco S&P 500 Quality ETF (SPHQ) and compare them to S&P 500 Index.
| SPHQ | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.17 | ||
| Sortino ratioReturn per unit of downside risk | -0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.35 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.49 | 2.54 | -0.05 |
| Martin ratioReturn relative to average drawdown | 10.60 | 11.58 | -0.98 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Invesco S&P 500 Quality ETF provided a 1.05% dividend yield over the last twelve months, with an annual payout of $0.90 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.90 | $0.81 | $0.77 | $0.77 | $0.81 | $0.63 | $0.65 | $0.55 | $0.52 | $0.48 | $0.44 | $0.53 |
Dividend yield | 1.05% | 1.09% | 1.15% | 1.42% | 1.85% | 1.19% | 1.55% | 1.51% | 1.85% | 1.57% | 1.67% | 2.29% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco S&P 500 Quality 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.00 | $0.28 | ||||||
| 2025 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.23 | $0.81 |
| 2024 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.19 | $0.77 |
| 2023 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.20 | $0.77 |
| 2022 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.23 | $0.81 |
| 2021 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.17 | $0.63 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco S&P 500 Quality 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 Quality ETF was 57.83%, occurring on Nov 20, 2008. Recovery took 1124 trading sessions.
The current Invesco S&P 500 Quality ETF drawdown is 1.49%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -57.83%Nov 2008 | 1y 22d | 4y 5mo | 5y 6moOct 2007 - May 2013 |
COVID crash2020 | -31.60%Mar 2020 | 1mo 9d | 4mo 14d | 5mo 23dFeb 2020 - Aug 2020 |
Bear market2022 | -25.04%Sep 2022 | 8mo 28d | 10mo 4d | 1y 6moJan 2022 - Jul 2023 |
2006 bear market2006 | -22.35%Jul 2006 | 2mo 13d | 9mo 17d | 12moMay 2006 - May 2007 |
Rate-hike selloffLate 2018 | -20.75%Dec 2018 | 2mo 23d | 3mo 12d | 6mo 5dOct 2018 - Apr 2019 |
Drawdown Indicators
| SPHQ | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.83% | -56.78% | -1.05% |
Max Drawdown (1Y)Largest decline over 1 year | -8.90% | -9.10% | +0.20% |
Max Drawdown (3Y)Largest decline over 3 years | -16.57% | -18.90% | +2.33% |
Max Drawdown (5Y)Largest decline over 5 years | -25.04% | -25.43% | +0.39% |
Max Drawdown (10Y)Largest decline over 10 years | -31.60% | -33.92% | +2.32% |
Current DrawdownCurrent decline from peak | -1.49% | -2.93% | +1.44% |
Average DrawdownAverage peak-to-trough decline | -10.69% | -10.72% | +0.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.08% | 1.99% | +0.09% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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