PTH vs. SPHQ
Compare and contrast key facts about Invesco DWA Healthcare Momentum ETF (PTH) and Invesco S&P 500 Quality ETF (SPHQ).
PTH and SPHQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PTH is a passively managed fund by Invesco that tracks the performance of the Dynamic Healthcare Sector Intellidex Index. It was launched on Oct 12, 2006. SPHQ is a passively managed fund by Invesco that tracks the performance of the S&P 500 Quality Index. It was launched on Dec 6, 2005. Both PTH and SPHQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
PTH vs. SPHQ - Performance Comparison
Loading graphics...
PTH vs. SPHQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PTH Invesco DWA Healthcare Momentum ETF | -1.41% | 27.91% | 2.36% | -4.54% | -20.61% | -3.20% | 67.26% | 34.45% | -1.23% | 50.15% |
SPHQ Invesco S&P 500 Quality ETF | 0.57% | 13.25% | 25.44% | 24.83% | -15.76% | 28.03% | 17.36% | 33.64% | -7.10% | 19.10% |
Returns By Period
In the year-to-date period, PTH achieves a -1.41% return, which is significantly lower than SPHQ's 0.57% return. Both investments have delivered pretty close results over the past 10 years, with PTH having a 13.18% annualized return and SPHQ not far ahead at 13.53%.
PTH
- 1D
- 5.51%
- 1M
- -1.65%
- YTD
- -1.41%
- 6M
- 14.55%
- 1Y
- 27.95%
- 3Y*
- 10.52%
- 5Y*
- -0.95%
- 10Y*
- 13.18%
SPHQ
- 1D
- 2.36%
- 1M
- -6.75%
- YTD
- 0.57%
- 6M
- 3.29%
- 1Y
- 14.73%
- 3Y*
- 18.19%
- 5Y*
- 12.50%
- 10Y*
- 13.53%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PTH vs. SPHQ - Expense Ratio Comparison
PTH has a 0.60% expense ratio, which is higher than SPHQ's 0.15% expense ratio.
Return for Risk
PTH vs. SPHQ — Risk / Return Rank
PTH
SPHQ
PTH vs. SPHQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco DWA Healthcare Momentum ETF (PTH) and Invesco S&P 500 Quality ETF (SPHQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| PTH | SPHQ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.13 | 0.86 | +0.27 |
Sortino ratioReturn per unit of downside risk | 1.70 | 1.34 | +0.36 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.18 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 2.47 | 1.46 | +1.01 |
Martin ratioReturn relative to average drawdown | 5.25 | 6.45 | -1.19 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PTH | SPHQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.13 | 0.86 | +0.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.04 | 0.77 | -0.80 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 0.76 | -0.27 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.50 | -0.10 |
Correlation
The correlation between PTH and SPHQ is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
PTH vs. SPHQ - Dividend Comparison
PTH's dividend yield for the trailing twelve months is around 3.12%, more than SPHQ's 1.19% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PTH Invesco DWA Healthcare Momentum ETF | 3.12% | 3.07% | 0.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPHQ Invesco S&P 500 Quality ETF | 1.19% | 1.09% | 1.15% | 1.42% | 1.85% | 1.19% | 1.55% | 1.51% | 1.85% | 1.57% | 1.67% | 2.29% |
Drawdowns
PTH vs. SPHQ - Drawdown Comparison
The maximum PTH drawdown since its inception was -53.52%, smaller than the maximum SPHQ drawdown of -57.83%. Use the drawdown chart below to compare losses from any high point for PTH and SPHQ.
Loading graphics...
Drawdown Indicators
| PTH | SPHQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.52% | -57.83% | +4.31% |
Max Drawdown (1Y)Largest decline over 1 year | -11.98% | -10.84% | -1.14% |
Max Drawdown (5Y)Largest decline over 5 years | -50.07% | -25.04% | -25.03% |
Max Drawdown (10Y)Largest decline over 10 years | -53.52% | -31.60% | -21.92% |
Current DrawdownCurrent decline from peak | -19.55% | -6.75% | -12.80% |
Average DrawdownAverage peak-to-trough decline | -17.01% | -10.78% | -6.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.64% | 2.45% | +3.19% |
Volatility
PTH vs. SPHQ - Volatility Comparison
Invesco DWA Healthcare Momentum ETF (PTH) has a higher volatility of 9.94% compared to Invesco S&P 500 Quality ETF (SPHQ) at 5.40%. This indicates that PTH's price experiences larger fluctuations and is considered to be riskier than SPHQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PTH | SPHQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.94% | 5.40% | +4.54% |
Volatility (6M)Calculated over the trailing 6-month period | 16.94% | 9.64% | +7.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.77% | 17.13% | +7.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.46% | 16.40% | +9.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.09% | 17.81% | +9.28% |