Key stats
About Invesco S&P 500 Quality ETF
Expense ratio
0.15%
Home page
Inception date
Dec 6, 2005
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
Commercial Services
Consumer Non-Durables
Stocks100.01%
Technology Services21.05%
Electronic Technology19.70%
Commercial Services11.65%
Consumer Non-Durables10.82%
Producer Manufacturing9.25%
Retail Trade7.62%
Health Technology7.42%
Finance3.72%
Distribution Services2.23%
Process Industries2.07%
Energy Minerals1.12%
Non-Energy Minerals0.82%
Consumer Services0.77%
Consumer Durables0.71%
Health Services0.70%
Transportation0.34%
Bonds, Cash & Other−0.01%
Cash−0.01%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history