XSHD
Invesco S&P SmallCap High Dividend Low Volatility ETF
The Invesco S&P SmallCap High Dividend Low Volatility ETF tracks a dividend-yield-weighted index of the 60 least volatile stocks chosen from a list of the 90 highest-yielding US small-cap stocks.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 75.4 M
ASSETS UNDER MGMT
30 bp
EXPENSES
Fund Basics
| Inception date | Dec 01, 2016 |
| 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 +
| INNOVATIVE INDUSTRIAL PROPERTIES INC | 3.8 % |
| APPLE HOSPITALITY REIT INC | 3.4 % |
| KINETIK HOLDINGS | 3.2 % |
| CAL-MAINE FOODS INC | 3.2 % |
| ROBERT HALF INTL INC | 3.1 % |
| GLOBAL NET LEASE INC | 3.0 % |
| AMERICAN ASSETS TRUST, INC. | 3.0 % |
| EASTERLY GOVERNMENT PROPERTIES INC | 2.9 % |
| ARMOUR RESIDENTIAL REIT INC | 2.9 % |
| TWO HARBORS INVESTMENT CORP | 2.9 % |
Constituent Breakdown
| Number of holdings | 57 |
| Herfindahl-Hirschman Index | 220 |
| Wgt avg mkt cap (mns) | $1,995 |
| Large cap (>$10bn) | 38.9% |
| Mid cap ($2-10bn) | 50.7% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 89.6% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 87.8 % |
 |
IRELAND | 1.8 % |
Historical Performance
Standardized Performance (as of 06/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 10.2% | 4.9% | -0.6% | -4.4% | -9.7% | -- | -- | -5.7% |
| Dividend Yield | 2.9% | 5.8% | 6.2% | 6.5% | 5.9% | -- | -- | 5.5% |
| Total Returns | 13.1% | 10.7% | 5.6% | 2.1% | -3.8% | -- | -- | -0.2% | Ann. Volatility | 14.5% | 15.0% | 17.0% | 17.6% | 18.9% | -- | -- | 23.9% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.49 | 17% |
| MSCI EAFE | 0.48 | 25% |
| MSCI Emg Mkts | 0.18 | 8% |
Liquidity Measures
| Avg. volume (000) | 29 |
| ADV traded (mns) | $0 |
| Turnover | 0.6% |
| Avg. Bid/Ask (% of price) | 0.14% |
Technical Indicators
| 30d moving avg. (EMA) | $14.09 |
| Relative strength (RSI) | 57 |
| MACD/Signal | 0.17/0.19 |
| Bollinger Bands (Upper/Lower) | $14.64/$13.84 |
| Short interest (% of AUM) | 0.1% |
Distributions
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. XSHD |
Expenses vs. XSHD |
ALTAR Score™ vs. XSHD |
|---|---|---|---|---|
| XSLV | Invesco S&P SmallCap Low Volatility ETF | 20.2% | -5 bp | -5.0% |
| RIET | Hoya Capital High Dividend Yield ETF | 17.2% | +20 bp | +1.0% |
| SIXS | ETC 6 Meridian Small Cap Equity ETF | 17.1% | +59 bp | -4.4% |
| CSB | VictoryShares US Small Cap High Dividend Volatility Wtd ETF | 17.1% | +5 bp | -3.6% |
| RDOG | ALPS REIT Dividend Dogs ETF | 16.2% | +5 bp | 0.0% |
| KBWY | Invesco KBW Premium Yield Equity REIT ETF | 15.8% | +5 bp | -3.5% |
| PEY | Invesco High Yield Equity Dividend Achievers ETF | 15.6% | +22 bp | -4.3% |
| SMDV | ProShares Russell 2000 Dividend Growers ETF | 15.2% | +10 bp | -5.5% |
| MORT | VanEck Mortgage REIT Income ETF | 13.0% | +13 bp | +6.0% |
| PSCU | Invesco S&P SmallCap Utilities & Communication Services ETF | 12.8% | -1 bp | -8.3% |
Risk and Returns: XSHD 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 7/30/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
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
12.3%
ALTAR SCORE™
99th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 1,402 funds in the US Equity category with an average
ALTAR Score™ of 5.3% and a standard deviation
of 1.9%. XSHD's ALTAR Score™ is approximately 3.6 standard
deviations above the category average. This places XSHD in the 99th percentile
among funds in the category.
Sell-Side Consensus
$16.77
PRICE TARGET
+15.9%
UPSIDE