SPHQ
Invesco S&P 500 Quality ETF
Invesco S&P 500 High Quality Portfolio is an exchange-traded fund incorporated in the USA. It normally invests at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to provide exposure to the constituents of the S&P 500 Index that are identified as stocks reflecting long-term growth and stability of a company's earnings and dividends.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
13.6 B
ASSETS UNDER MGMT
15 bp
EXPENSES
Fund Basics
| Fund sponsor | Invesco |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Dec 06, 2005 |
| Assets (mns) | $13,624 |
| Expense ratio | 15 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Fundamental |
| Weighting | Fundamental |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| NETFLIX INC | 5.8 % |
| VISA INC. CLASS A | 5.8 % |
| MASTERCARD INCORPORATED CLASS A | 5.4 % |
| META PLATFORMS INC | 5.4 % |
| JOHNSON & JOHNSON | 5.2 % |
| NVIDIA CORP | 5.0 % |
| COSTCO WHOLESALE CORP | 4.2 % |
| APPLE INC | 4.1 % |
| PROCTER & GAMBLE CO/THE | 3.9 % |
| GE AEROSPACE | 3.4 % |
Constituent Breakdown
| Number of holdings | 97 |
| Herfindahl-Hirschman Index | 294 |
| Wgt avg mkt cap (mns) | $519,468 |
| Large cap (>$10bn) | 98.1% |
| Mid cap ($2-10bn) | 0.5% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 97.9 % |
 |
BERMUDA | 0.5 % |
Historical Performance
Standardized Performance (as of 05/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 4.9% | 14.4% | 21.4% | 14.3% | 14.7% | 11.6% | -- | 8.0% |
| Dividend Yield | 0.0% | 0.7% | 1.2% | 1.5% | 1.6% | 1.8% | -- | 1.4% |
| Total Returns | 4.9% | 15.0% | 22.6% | 15.8% | 16.3% | 13.4% | -- | 9.4% | Ann. Volatility | 23.2% | 17.9% | 15.0% | 16.9% | 17.3% | 18.0% | -- | 19.5% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.97 | 95% |
| MSCI EAFE | 0.75 | 60% |
| MSCI Emg Mkts | 0.53 | 30% |
Liquidity Measures
| Avg. volume (000) | 1,154 |
| ADV traded (mns) | $81 |
| Turnover | 0.6% |
| Avg. Bid/Ask (% of price) | 0.02% |
Technical Indicators
| Recent close | $69.86 |
| 30d moving avg. | $68.81 |
| Annualized volatility | 16.7% |
| Relative strength (RSI) | 60 |
| Short interest | 0.3% |
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. |
Expenses vs. |
ALTAR Score™ vs. |
|---|---|---|---|---|
| QUAL | iShares MSCI USA Quality Factor ETF | 53.0% | 0 bp | +5.4% |
| DUHP | Dimensional US High Profitability ETF | 45.9% | +6 bp | +6.5% |
| TMFE | Motley Fool Capital Efficiency 100 Index ETF | 40.8% | +35 bp | +4.3% |
| SDEP | SFP Core Equity Strategy | 39.9% | -5 bp | +6.6% |
| SNPG | Xtrackers S&P 500 Growth ESG ETF | 39.7% | 0 bp | +4.7% |
| OMFL | Invesco Russell 1000 Dynamic Multifactor ETF | 39.1% | +14 bp | +4.5% |
| SXQG | ETC 6 Meridian Quality Growth ETF | 39.0% | +85 bp | +4.6% |
| USMC | Principal U.S. Mega-Cap ETF | 38.2% | -3 bp | +4.7% |
| VSLU | Applied Finance Valuation Large Cap ETF | 37.2% | +34 bp | +5.8% |
| SEIQ | SEI Enhanced U.S. Large Cap Quality Factor ETF | 37.1% | 0 bp | +7.5% |
Risk and Returns: 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.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| 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 6/15/2025
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.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
ALTAR Score™
5.2%
Cat. Avg
5.9%
ALTAR Score™ Calculation
Category Overview
There are 935 funds in the US Equity category, with an average ALTAR Score™
of 5.9% and a standard deviation of
2.3%. 's ALTAR Score™ is approximately
0.3 standard deviations
below
the category average. This places in the 39th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
SPHQSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based US Equity ETFs |
| # of ETFs | 609 |
| Avg. Expense Ratio | 46.6 bp |
| Std. Deviation | 32.9 bp |
| (15 bp) Percentile rank | 17 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| 15.0 | 0.0 | 15 | |
| Peer Avg. | 43.6 | 16.2 | 59.7 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .