Invesco S&P 500 Quality ETF (SPHQ) belongs to the S&P 500 category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SPHQ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SPHQ
SPHQ charges 0.15% annually. There are 22 ETFs in the S&P 500 category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street SPDR Portfolio S&P 500 ETF | 0.02% | 148.87B | Nov 2005 | SPHQ vs SPYM | |
| iShares Core S&P 500 ETF | 0.03% | 837.93B | May 2000 | SPHQ vs IVV | |
| Vanguard S&P 500 ETF | 0.03% | 1.70T | Sep 2010 | SPHQ vs VOO | |
| SPDR Portfolio S&P 500 Value ETF | 0.04% | 35.07B | Sep 2000 | SPHQ vs SPYV | |
| State Street SPDR Portfolio S&P 500 Growth ETF | 0.04% | 52.13B | Sep 2000 | SPHQ vs SPYG |
Best Risk-Adjusted Alternatives to SPHQ
SPHQ has a PortfoliosLab risk / return rank of 61. There are 41 ETFs in the S&P 500 category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 19.60M | Apr 2025 | SPHQ vs CPSP | |
| PGIM S&P 500 Max Buffer ETF - May | 97 | — | Apr 2025 | SPHQ vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | 96 | 56.30M | May 2024 | SPHQ vs CPSM | |
| PGIM S&P 500 Max Buffer ETF - February | 95 | — | Jan 2025 | SPHQ vs PMFB | |
| PGIM S&P 500 Max Buffer ETF - January | 94 | 4.58M | Dec 2024 | SPHQ vs PMJA |
Top Performing SPHQ Alternatives (YTD)
SPHQ is at 16.54% YTD. There are 10 ETFs in the S&P 500 category with higher YTD returns, going as high as 83.10%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily S&P 500 High Beta Bull 3X Shares | 83.10% | 98.97M | Nov 2019 | SPHQ vs HIBL | |
| Invesco S&P 500 Equal Weight Technology ETF | 37.17% | 6.46B | Jan 2006 | SPHQ vs RSPT | |
| Invesco S&P 500 Pure Growth ETF | 30.31% | 2.27B | Mar 2006 | SPHQ vs RPG | |
| Invesco S&P 500 Momentum ETF | 29.91% | 21.99B | Oct 2015 | SPHQ vs SPMO | |
| Invesco S&P 500® High Beta ETF | 29.05% | 1.08B | May 2011 | SPHQ vs SPHB |
Lowest Volatility Alternatives to SPHQ
SPHQ has 13.46% 1-year volatility. There are 77 ETFs in the S&P 500 category with lower 1-year volatility, going as low as 1.30%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - May | 1.30% | — | Apr 2025 | SPHQ vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.36% | 19.60M | Apr 2025 | SPHQ vs CPSP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | 1.65% | 56.30M | May 2024 | SPHQ vs CPSM | |
| Calamos S&P 500 Structured Alt Protection ETF - Ju... | 1.90% | 22.10M | Jun 2025 | SPHQ vs CPSU | |
| PGIM S&P 500 Max Buffer ETF - June | 1.93% | — | May 2025 | SPHQ vs PMJN |
Lowest Drawdown Alternatives to SPHQ
SPHQ has a 1-year max drawdown of -8.90%. There are 55 ETFs in the S&P 500 category with shallower 1-year drawdowns, going as shallow as -0.37%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 19.60M | Apr 2025 | SPHQ vs CPSP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | -0.49% | 56.30M | May 2024 | SPHQ vs CPSM | |
| PGIM S&P 500 Max Buffer ETF - May | -0.60% | — | Apr 2025 | SPHQ vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ju... | -1.03% | 22.10M | Jun 2025 | SPHQ vs CPSU | |
| PGIM S&P 500 Max Buffer ETF - June | -1.15% | — | May 2025 | SPHQ vs PMJN |
Other ETFs from Invesco
The 10 most viewed Invesco ETFs shown here include QQQ, QQQM, RSP and span 13 categories. AUM among these funds goes as high as $493B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 59 | 16.45% | 493.17B | Mar 1999 | SPHQ vs QQQ | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 60 | 16.48% | 101.29B | Oct 2020 | SPHQ vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 49 | 9.94% | 92.57B | Apr 2003 | SPHQ vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 94 | 90.62% | 3.22B | Jun 2021 | SPHQ vs SOXQ | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 39 | 1.60% | 10.60B | May 2005 | SPHQ vs XLG | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Large Cap Value Equities | 30 | 8.20% | 3.27B | Oct 2012 | SPHQ vs SPHD | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 66 | 22.90% | 8.18B | Mar 2005 | SPHQ vs XMMO | |
| Invesco Aerospace & Defense ETF | Aerospace & Defense, Industrials Equities | 38 | 9.76% | 8.26B | Oct 2005 | SPHQ vs PPA | |
| Invesco S&P International Developed Momentum ETF | Momentum, Foreign Large Cap Equities | 45 | 9.69% | 3.93B | Feb 2012 | SPHQ vs IDMO | |
| Invesco S&P 500 Low Volatility ETF | S&P 500, Large Cap Blend Equities | 15 | 5.06% | 6.87B | May 2011 | SPHQ vs SPLV |
Often Compared With SPHQ
Investors most often compare SPHQ with QUAL, SPY, JQUA. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare SPHQ with Any Fund or Stock
Compare SPHQ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SPHQ with funds that move differently
Invesco S&P 500 Quality ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SPHQ.
Explore SPHQ Diversifiers