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
Electronic Technology
Technology Services
Health Technology
Stocks99.97%
Electronic Technology26.43%
Technology Services18.24%
Health Technology10.15%
Energy Minerals9.33%
Commercial Services9.15%
Consumer Non-Durables6.73%
Producer Manufacturing5.22%
Retail Trade4.48%
Consumer Services2.58%
Health Services2.37%
Process Industries2.29%
Distribution Services0.90%
Finance0.68%
Utilities0.59%
Transportation0.52%
Consumer Durables0.31%
Bonds, Cash & Other0.03%
Mutual fund0.03%
Miscellaneous−0.00%
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