PEY
Invesco High Yield Equity Dividend Achievers ETF
The Invesco High Yield Equity Dividend Achievers Fund seeks investment results that correspond to the price and yield performance of the 50 highest yielding stocks in the Dividend Achievers Index published by Mergent. Companies in the index must have increased dividends annually for a minimum of 10 years.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 1.1 B
ASSETS UNDER MGMT
52 bp
EXPENSES
Fund Basics
| Inception date | Dec 09, 2004 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Monthly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| COGENT COMMUNICATIONS HOLDINGS INC | 4.4 % |
| LYONDELLBASELL INDUSTRIES NV | 3.5 % |
| PFIZER INC | 3.2 % |
| UNITED PARCEL SERVICE-CL B | 3.1 % |
| VERIZON COMMUNICATIONS INC | 2.5 % |
| ALTRIA GROUP INC | 2.5 % |
| UNIVERSAL CORP/VA | 2.4 % |
| EDISON INTERNATIONAL | 2.4 % |
| ROBERT HALF INTL INC | 2.4 % |
| FLOWERS FOODS INC | 2.4 % |
Constituent Breakdown
| Number of holdings | 49 |
| Herfindahl-Hirschman Index | 216 |
| Wgt avg mkt cap (mns) | $30,176 |
| Large cap (>$10bn) | 48.0% |
| Mid cap ($2-10bn) | 36.2% |
| Small cap (<$2bn) | 12.3% |
| Developed mkts. | 96.4% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 94.5 % |
 |
IRELAND | 1.9 % |
Historical Performance
Standardized Performance (as of 02/28/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 6.8% | -1.3% | 5.1% | 2.0% | 3.1% | 5.1% | 1.9% | 1.8% |
| Dividend Yield | 0.8% | 4.9% | 5.0% | 5.0% | 4.7% | 4.5% | 4.5% | 4.4% |
| Total Returns | 7.6% | 3.6% | 10.0% | 6.9% | 7.8% | 9.7% | 6.3% | 6.2% | Ann. Volatility | 15.8% | 18.2% | 16.2% | 16.8% | 16.5% | 18.9% | 22.9% | 22.4% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.68 | 51% |
| MSCI EAFE | 0.74 | 44% |
| MSCI Emg Mkts | 0.55 | 29% |
Liquidity Measures
| Avg. volume (000) | 298 |
| ADV traded (mns) | $6 |
| Turnover | 0.6% |
| Avg. Bid/Ask (% of price) | 0.05% |
Technical Indicators
| 30d moving avg. (EMA) | $21.61 |
| Relative strength (RSI) | 51 |
| MACD/Signal | 0.01/0.10 |
| Bollinger Bands (Upper/Lower) | $22.33/$21.36 |
| Short interest (% of AUM) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. PEY |
Expenses vs. PEY |
ALTAR Score™ vs. PEY |
|---|---|---|---|---|
| WBIY | WBI Power Factor High Dividend ETF | 32.8% | +48 bp | +2.9% |
| SPYD | State Street SPDR Portfolio S&P 500 High Dividend ETF | 31.2% | -45 bp | +0.9% |
| SPHD | Invesco S&P 500 High Dividend Low Volatility ETF | 28.1% | -22 bp | -0.5% |
| SDOG | ALPS Sector Dividend Dogs ETF | 27.9% | -16 bp | -1.1% |
| FDL | First Trust Morningstar Dividend Leaders Index Fund | 26.9% | -7 bp | -0.4% |
| DVY | iShares Select Dividend ETF | 26.1% | -14 bp | -1.1% |
| SNPD | Xtrackers S&P ESG Dividend Aristocrats ETF | 24.9% | -37 bp | -2.8% |
| SPDV | AAM S&P 500 High Dividend Value ETF | 23.0% | -23 bp | +1.8% |
| RDIV | Invesco S&P Ultra Dividend Revenue ETF | 21.7% | -13 bp | +0.7% |
| DIVG | Invesco S&P 500 High Dividend Growers ETF | 20.5% | -13 bp | -1.4% |
Risk and Returns: PEY vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 3/13/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
9.5%
ALTAR SCORE™
97th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 1,189 funds in the US Equity category with an average
ALTAR Score™ of 5.7% and a standard deviation
of 2.1%. PEY's ALTAR Score™ is approximately 1.8 standard
deviations above the category average. This places PEY in the 97th percentile
among funds in the category.
Sell-Side Consensus
$24.22
PRICE TARGET
+15.8%
UPSIDE