Key stats
About Invesco S&P 500 Quality ETF
Home page
Inception date
Dec 6, 2005
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
SPHQ aims to provide exposure to S&P 500 firms with sound fundamentals. To get there, the fund focuses on three quality metrics: ROE (TTM EPS/book value) that measures profitability, lower accruals (change in net operating assets scaled by average of NOA over past 2 years) that could signal higher earnings quality, and financial leverage (debt/book value of equity) which is a measure of risk and earning stability. These metrics are equally weighted to produce a quality score. SPHQ takes only the top quintile and scale them based on the quality score. Single sector exposure is capped at 40%. Note: The fund switched to its current index on March 21, 2016. Prior to that, it tracked an S&P quality index that used different metrics but pulled from the same S&P 500 universe. The index is rebalanced semi-annually.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Consumer Non-Durables
Health Technology
Stocks99.94%
Technology Services21.85%
Electronic Technology16.28%
Finance15.08%
Consumer Non-Durables11.08%
Health Technology10.65%
Producer Manufacturing9.27%
Retail Trade7.54%
Distribution Services1.95%
Process Industries1.83%
Consumer Services1.06%
Commercial Services0.75%
Non-Energy Minerals0.74%
Health Services0.64%
Consumer Durables0.53%
Miscellaneous0.38%
Transportation0.32%
Bonds, Cash & Other0.06%
Mutual fund0.06%
Cash−0.00%
Stock breakdown by region
North America99.83%
Europe0.17%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history