- ISIN
- US73937B3657
- CUSIP
- 46138E131
- Issuer
- Invesco
- Inception Date
- Dec 1, 2016
- Region
- North America (U.S.)
- Category
- Dividend, Low Volatility
- Leveraged
- 1x (No leverage)
- Index Tracked
- S&P SmallCap 600 Low Volatility High Dividend Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Micro-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $93M
Highlights
- Avg. Volume (1M)
- 27K
- Avg. Volume Value (1M)
- $389.64K
Share Price Chart
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Performance
XSHD Performance Chart
Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD) is up 13.9% since the beginning of the year. XSHD is currently trading at $14 per share. Investors who bought $1,000 worth of XSHD shares 5 years ago would now be looking at an investment worth $850.
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Compare this symbol against anything
Returns By Period
Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD) has returned 13.86% so far this year and 15.64% over the past 12 months.
Invesco S&P SmallCap High Dividend Low Volatility ETF
- 1D
- -0.49%
- 1M
- -0.44%
- 6M
- 6.98%
- YTD
- 13.86%
- 1Y
- 15.64%
- 3Y*
- 1.51%
- 5Y*
- -3.19%
- 10Y*
- —
- ALL TIME*
- -0.09%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
XSHD Monthly Returns History
Based on dividend-adjusted daily data since Dec 1, 2016, XSHD's average daily return is +0.01%, while the average monthly return is +0.20%. At this rate, an investment would double in approximately 28.9 years.
Historically, 52% of months were positive and 48% were negative. The best month was Nov 2020 with a return of +17.3%, while the worst month was Mar 2020 at -32.4%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 4 months.
On a daily basis, XSHD closed higher 49% of trading days. The best single day was Mar 26, 2020 with a return of +11.8%, while the worst single day was Mar 12, 2020 at -14.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.43% | 0.15% | -2.60% | 5.61% | -0.96% | 4.14% | 0.69% | 13.86% | |||||
| 2025 | 0.38% | 0.11% | -3.35% | -5.10% | 1.50% | 2.26% | -2.70% | 6.15% | -2.18% | -5.07% | 2.08% | -0.07% | -6.41% |
| 2024 | -5.57% | -2.32% | 3.35% | -6.23% | 3.68% | -2.90% | 11.60% | -0.97% | -0.82% | -4.21% | 7.08% | -6.36% | -5.25% |
| 2023 | 13.04% | -5.82% | -7.49% | -2.28% | -6.75% | 8.29% | 2.88% | -2.84% | -5.84% | -6.41% | 8.84% | 10.54% | 3.00% |
| 2022 | -2.87% | -2.17% | 4.00% | -7.88% | 5.10% | -6.37% | 5.23% | -8.25% | -15.16% | 13.59% | 3.28% | -6.45% | -19.48% |
| 2021 | 1.46% | 8.58% | 4.80% | 1.34% | 2.61% | -0.43% | -2.55% | 1.33% | -4.30% | 2.34% | -4.89% | 7.61% | 18.31% |
Benchmark Metrics
Invesco S&P SmallCap High Dividend Low Volatility ETF has an annualized alpha of -9.19%, beta of 0.84, and R2 of 0.48 versus S&P 500 Index. Calculated based on daily prices since December 01, 2016.
- This ETF participated in 121.36% of S&P 500 Index downside but only 66.54% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.48 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- -9.19%
- Beta
- 0.84
- R²
- 0.48
- Upside Capture
- 66.54%
- Downside Capture
- 121.36%
Expense Ratio
XSHD has an expense ratio of 0.30%, placing it in the medium range.
Return for Risk
Risk / Return Rank
XSHD ranks 39 for risk / return — above 39% of ETFs peers on PortfoliosLab. Its historical combined result is below the peer median.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XSHD | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.44 | ||
| Sortino ratioReturn per unit of downside risk | -0.44 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.25 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.39 | 2.00 | -0.62 |
| Martin ratioReturn relative to average drawdown | 3.88 | 8.49 | -4.61 |
Dividends
Dividend History
Invesco S&P SmallCap High Dividend Low Volatility ETF provided a 4.93% dividend yield over the last twelve months, with an annual payout of $0.70 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.70 | $0.83 | $1.05 | $1.25 | $1.17 | $0.88 | $1.11 | $1.21 | $1.21 | $1.03 | $0.10 |
Dividend yield | 4.93% | 6.45% | 7.25% | 7.62% | 6.77% | 3.86% | 5.55% | 4.88% | 5.49% | 4.11% | 0.41% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco S&P SmallCap 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.06 | $0.06 | $0.05 | $0.06 | $0.06 | $0.05 | $0.05 | $0.39 | |||||
| 2025 | $0.09 | $0.09 | $0.09 | $0.07 | $0.07 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.83 |
| 2024 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.08 | $0.08 | $0.08 | $0.09 | $0.09 | $1.05 |
| 2023 | $0.10 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.09 | $0.10 | $0.11 | $0.11 | $1.25 |
| 2022 | $0.09 | $0.09 | $0.09 | $0.09 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.11 | $0.10 | $1.17 |
| 2021 | $0.06 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.88 |
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 SmallCap 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 SmallCap High Dividend Low Volatility ETF was 49.53%, occurring on Apr 3, 2020. Recovery took 232 trading sessions.
The current Invesco S&P SmallCap High Dividend Low Volatility ETF drawdown is 20.70%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-49.53%Apr 2020 | 1y 7mo | 11mo 9d | 2y 6moAug 2018 - Mar 2021 | COVID crash2020 |
-36.84%Apr 2025 | 3y 10mo | — | 5y 1moJun 2021 - now | 2025 selloff2025 |
-9.11%Aug 2017 | 7mo 18d | 3mo 1d | 10mo 19dJan 2017 - Nov 2017 | — |
-8.67%Feb 2018 | 2mo 15d | 3mo 11d | 5mo 26dNov 2017 - May 2018 | — |
-7.89%Mar 2021 | 9d | 2mo 9d | 2mo 18dMar 2021 - Jun 2021 | — |
Drawdown Indicators
| XSHD | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.53% | -56.78% | +7.25% |
Max Drawdown (1Y)Largest decline over 1 year | -10.51% | -9.10% | -1.41% |
Max Drawdown (3Y)Largest decline over 3 years | -20.77% | -18.90% | -1.87% |
Max Drawdown (5Y)Largest decline over 5 years | -34.67% | -25.43% | -9.24% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -20.70% | -1.58% | -19.12% |
Average DrawdownAverage peak-to-trough decline | -16.44% | -10.70% | -5.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.74% | 2.14% | +1.60% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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