Invesco S&P 500 Downside Hedged ETFInvesco S&P 500 Downside Hedged ETFInvesco S&P 500 Downside Hedged ETF

Invesco S&P 500 Downside Hedged ETF

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Key stats


Assets under management (AUM)
‪77.88 M‬USD
Fund flows (1Y)
‪−33.11 M‬USD
Dividend yield (indicated)
2.14%
Discount/Premium to NAV
−0.3%
Shares outstanding
‪2.10 M‬
Expense ratio
0.39%

About Invesco S&P 500 Downside Hedged ETF


Brand
Invesco
Home page
Inception date
Dec 6, 2012
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
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.

Broaden your horizons with more funds linked to PHDG via country, focus, and more.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Volatility hedged
Geography
U.S.
Weighting scheme
Fixed
Selection criteria
Fixed
What's in the fund
Exposure type
StocksBonds, Cash & Other
Electronic Technology
Technology Services
Finance
Mutual fund
Stock breakdown by region
97%2%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
PHDG trades at 37.16 USD today, its price has risen 0.90% in the past 24 hours. Track more dynamics on PHDG price chart.
PHDG net asset value is 37.07 today — it's risen 1.69% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
PHDG assets under management is ‪77.88 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
PHDG price has risen by 1.50% over the last month, and its yearly performance shows a −1.25% 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.
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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
PHDG invests in stocks. See more details in our Analysis section.
PHDG expense ratio is 0.39%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, PHDG isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, PHDG technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PHDG shows the strong buy signal. See more of PHDG technicals for a more comprehensive analysis.
Yes, PHDG pays dividends to its holders with the dividend yield of 2.14%.
PHDG trades at a premium (0.26%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
PHDG shares are issued by Invesco Ltd.
PHDG follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 6, 2012.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.