- ISIN
- US73937B3327
- CUSIP
- 46138G300
- Issuer
- Invesco
- Inception Date
- Apr 6, 2017
- Region
- North America (U.S.)
- Category
- Small Cap Growth Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- S&P SmallCap 600 Quality Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Micro-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $249M
Share Price Chart
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Performance
XSHQ Performance Chart
Invesco S&P SmallCap Quality ETF (XSHQ) is up 9.1% since the beginning of the year. XSHQ is currently trading at $46 per share. Investors who bought $1,000 worth of XSHQ shares 5 years ago would now be looking at an investment worth $1,336.
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Returns By Period
Invesco S&P SmallCap Quality ETF (XSHQ) has returned 9.09% so far this year and 15.18% over the past 12 months.
Invesco S&P SmallCap Quality ETF
- 1D
- -0.48%
- 1M
- 1.37%
- YTD
- 9.09%
- 6M
- 8.27%
- 1Y
- 15.18%
- 3Y*
- 11.81%
- 5Y*
- 5.96%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
XSHQ Monthly Returns History
Based on dividend-adjusted daily data since Aug 24, 2017, XSHQ's average daily return is +0.04%, while the average monthly return is +0.83%. At this rate, an investment would double in approximately 7.0 years.
Historically, 58% of months were positive and 42% were negative. The best month was Apr 2020 with a return of +15.3%, while the worst month was Mar 2020 at -13.7%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 4 months.
On a daily basis, XSHQ closed higher 48% of trading days. The best single day was Sep 29, 2017 with a return of +8.5%, while the worst single day was Mar 16, 2020 at -8.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.12% | 1.82% | -4.24% | 7.95% | 0.37% | 0.13% | 9.09% | ||||||
| 2025 | 2.15% | -6.20% | -2.24% | -5.01% | 6.37% | 2.25% | 1.18% | 6.77% | -1.90% | -3.86% | 2.47% | -0.14% | 0.89% |
| 2024 | -2.01% | 3.48% | 2.14% | -4.93% | 3.91% | -4.19% | 11.83% | -2.25% | 2.23% | -1.62% | 10.38% | -9.64% | 7.49% |
| 2023 | 8.21% | 0.17% | -3.95% | -3.57% | -0.14% | 11.07% | 6.10% | -2.95% | -3.65% | -4.96% | 7.53% | 9.74% | 23.88% |
| 2022 | -5.13% | -0.52% | -2.18% | -8.31% | 1.48% | -6.93% | 12.68% | -5.57% | -8.10% | 13.53% | 4.01% | -7.94% | -15.01% |
| 2021 | 4.77% | 7.20% | 2.74% | -0.34% | 0.10% | 0.17% | -0.74% | 2.57% | -1.76% | 3.22% | 0.88% | 3.24% | 23.99% |
Benchmark Metrics
Invesco S&P SmallCap Quality ETF has an annualized alpha of -2.68%, beta of 0.92, and R2 of 0.57 versus S&P 500 Index. Calculated based on daily prices since August 25, 2017.
- This ETF participated in 103.36% of S&P 500 Index downside but only 83.90% of its upside - more exposed to losses than it benefited from rallies.
- This ETF had an annualized alpha of -2.68% versus S&P 500 Index - delivering less than market exposure alone would predict.
- With beta of 0.92 and R2 of 0.57, 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
- -2.68%
- Beta
- 0.92
- R²
- 0.57
- Upside Capture
- 83.90%
- Downside Capture
- 103.36%
Expense Ratio
XSHQ has an expense ratio of 0.29%, placing it in the medium range.
Return for Risk
Risk / Return Rank
XSHQ ranks 27 for risk / return — below 27% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Invesco S&P SmallCap Quality ETF (XSHQ) and compare them to S&P 500 Index.
| XSHQ | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.88 | 2.24 | -1.36 |
Sortino ratioReturn per unit of downside risk | 1.42 | 3.07 | -1.65 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.41 | -0.25 |
Calmar ratioReturn relative to maximum drawdown | 1.48 | 2.93 | -1.44 |
Martin ratioReturn relative to average drawdown | 4.06 | 13.52 | -9.47 |
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 SmallCap Quality ETF provided a 1.38% dividend yield over the last twelve months, with an annual payout of $0.63 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.63 | $0.62 | $0.50 | $0.46 | $0.66 | $0.49 | $0.40 | $0.32 | $0.29 | $0.16 |
Dividend yield | 1.38% | 1.48% | 1.18% | 1.15% | 2.02% | 1.25% | 1.24% | 1.11% | 1.16% | 0.60% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco S&P SmallCap 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 | $0.16 | $0.00 | $0.00 | $0.00 | $0.16 | ||||||
| 2025 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.24 | $0.62 |
| 2024 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.13 | $0.50 |
| 2023 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.46 |
| 2022 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.21 | $0.66 |
| 2021 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.25 | $0.49 |
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 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 SmallCap Quality ETF was 38.33%, occurring on Mar 23, 2020. Recovery took 179 trading sessions.
The current Invesco S&P SmallCap Quality ETF drawdown is 1.76%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -38.33%Mar 2020 | 1y 6mo | 8mo 16d | 2y 3moSep 2018 - Dec 2020 |
2025 selloff2025 | -27.34%Apr 2025 | 4mo 13d | — | 1y 6moNov 2024 - now |
Bear market2022 | -25.47%Jun 2022 | 7mo 1d | 1y 6mo | 2y 1moNov 2021 - Dec 2023 |
2021 correction2021 | -10.16%Jul 2021 | 4mo 6d | 3mo 15d | 7mo 21dMar 2021 - Nov 2021 |
2024 pullback2024 | -9.18%Aug 2024 | 6d | 2mo 5d | 2mo 11dAug 2024 - Oct 2024 |
Drawdown Indicators
| XSHQ | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.33% | -56.78% | +18.45% |
Max Drawdown (1Y)Largest decline over 1 year | -10.27% | -9.10% | -1.17% |
Max Drawdown (3Y)Largest decline over 3 years | -27.34% | -18.90% | -8.44% |
Max Drawdown (5Y)Largest decline over 5 years | -27.34% | -25.43% | -1.91% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -1.76% | -0.74% | -1.02% |
Average DrawdownAverage peak-to-trough decline | -9.35% | -10.72% | +1.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.75% | 1.97% | +1.78% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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