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About Invesco S&P 500 Downside Hedged ETF
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Inception date
Dec 6, 2012
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
ISIN
US46090A7054
PHDG offers decidedly different exposure to US large-caps, although S&P 500 stocks play a starring role in its portfolio. The fund aims to stave off the impact of huge market downturns by holding a security that often spikes up when the S&P plummets: VIX futures. The challenge is that maintaining VIX futures exposure over time is expensive. Still, if the market tanks, PHDG will likely outperform while lagging when markets behave more normally. The bottom line: expect a very different pattern of returns for PHDG versus plain-vanilla funds in the same segment.
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
Finance
Mutual fund
Stocks80.55%
Electronic Technology19.45%
Technology Services17.44%
Finance11.85%
Retail Trade6.38%
Health Technology5.74%
Consumer Non-Durables2.72%
Producer Manufacturing2.59%
Consumer Services2.22%
Consumer Durables2.07%
Utilities1.93%
Energy Minerals1.84%
Transportation1.18%
Process Industries1.10%
Commercial Services0.85%
Health Services0.79%
Communications0.74%
Industrial Services0.72%
Distribution Services0.51%
Non-Energy Minerals0.40%
Miscellaneous0.02%
Bonds, Cash & Other19.45%
Mutual fund17.45%
Cash2.00%
Stock breakdown by region
North America97.68%
Europe2.32%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PHDG invests in stocks. The fund's major sectors are Electronic Technology, with 19.45% stocks, and Technology Services, with 17.44% of the basket. The assets are mostly located in the North America region.
PHDG last dividends amounted to 0.25 USD. The quarter before, the issuer paid 0.15 USD in dividends, which shows a 41.53% increase.
PHDG assets under management is 77.88 M USD. It's fallen 7.63% over the last month.
PHDG fund flows account for −33.11 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, PHDG pays dividends to its holders with the dividend yield of 2.14%. The last dividend (Jun 27, 2025) amounted to 0.25 USD. The dividends are paid quarterly.
PHDG shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Dec 6, 2012, and its management style is Active.
PHDG expense ratio is 0.39% meaning you'd have to pay 0.39% of your investment to help manage the fund.
PHDG follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PHDG invests in stocks.
PHDG price has risen by 1.50% over the last month, and its yearly performance shows a −1.01% decrease. See more dynamics on PHDG price chart.
NAV returns, another gauge of an ETF dynamics, showed a 7.09% increase in three-month performance and has increased by 1.29% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 7.09% increase in three-month performance and has increased by 1.29% in a year.
PHDG trades at a premium (0.26%) meaning the ETF is trading at a higher price than the calculated NAV.