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
12.1 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) | $12,099 |
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 +
MASTERCARD INCORPORATED CLASS A | 5.5 % |
VISA INC. CLASS A | 5.4 % |
APPLE INC | 5.1 % |
BROADCOM INC. | 5.0 % |
JOHNSON & JOHNSON | 4.9 % |
COSTCO WHOLESALE CORP | 4.5 % |
NETFLIX INC | 4.4 % |
MICROSOFT CORP | 4.4 % |
PROCTER & GAMBLE CO/THE | 4.1 % |
ADOBE SYSTEMS INC | 2.8 % |
Constituent Breakdown
Number of holdings | 98 |
Herfindahl-Hirschman Index | 281 |
Wgt avg mkt cap (mns) | $575,103 |
Large cap (>$10bn) | 99.1% |
Mid cap ($2-10bn) | 0.6% |
Small cap (<$2bn) | 0.0% |
Developed mkts. | 100.0% |
Emerging mkts. | 0.0% |
Country Exposure
UNITED STATES | 98.9 % | |
IRELAND | 0.7 % | |
BERMUDA | 0.6 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
---|---|---|---|---|---|---|---|
Total Returns | 28.9% | 34.7% | 23.9% | 12.6% | 16.1% | 13.4% | 9.8% | Volatility | 12.3% | 12.1% | 13.6% | 17.3% | 20.9% | 17.5% | -- |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 0.94 | 94% |
MSCI EAFE | 0.85 | 76% |
MSCI Emg Mkts | 0.61 | 39% |
Liquidity Measures
Avg. volume (000) | 764 |
Turnover | 0.4% |
Avg. Bid/Ask (% of price) | 0.02% |
ADV of underlying (mns) | $52,766 |
Technical Indicators
Recent close | $69.42 |
30d moving avg. | $67.08 |
Annualized volatility | 16.9% |
Relative strength (RSI) | 48 |
Short interest (ETF) | 0.2% |
Short interest (underlying) | 1.4% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. SPHQ |
Expenses vs. SPHQ |
ALTAR Score™ vs. SPHQ |
---|---|---|---|---|
SDEP | SFP Core Equity Strategy | 50.7% | -5 bp | +0.7% |
QUAL | iShares MSCI USA Quality Factor ETF | 46.8% | 0 bp | -0.4% |
DUHP | Dimensional US High Profitability ETF | 45.5% | +6 bp | +0.7% |
OUSA | ALPS O'Shares U.S. Quality Dividend ETF | 42.9% | +33 bp | +0.2% |
STXD | Strive 1000 Dividend Growth ETF | 41.7% | +20 bp | -0.5% |
TMFE | Motley Fool Capital Efficiency 100 Index ETF | 39.5% | +35 bp | -1.4% |
QQMG | Invesco ESG NASDAQ 100 ETF | 37.4% | +5 bp | -0.9% |
VIG | Vanguard Dividend Appreciation ETF | 37.4% | -9 bp | -0.1% |
USMC | Principal U.S. Mega-Cap ETF | 36.9% | -3 bp | -1.2% |
DGRW | WisdomTree US Quality Dividend Growth Fund | 36.7% | +13 bp | +0.4% |
Risk and Returns: SPHQ 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
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
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 12/2/2024
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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
SPHQ
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
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
SPHQ
5.6%
Cat. Avg
5.3%
ALTAR Score™ Calculation
Category Overview
There are 977 funds in the US Equity category, with an average ALTAR Score™
of 5.3% and a standard deviation of
2.4%. SPHQ's ALTAR Score™ is approximately
0.1 standard deviations
above
the category average. This places SPHQ in the 55th 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 |
SPHQ (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) |
|
---|---|---|---|
SPHQ | 15.0 | 2.0 | 17 |
Peer Avg. | 37.1 | 14.9 | 52.1 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .