SPHQ — Invesco S&P 500 Quality ETF

SPHQ Price Performance — Growth of $10,000

Value of a $10,000 investment in SPHQ over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

SPHQ Drawdown

The "underwater" chart: SPHQ's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The Invesco S&P 500 Quality ETF is a US Quality / Factor fund issued by Invesco with $18.6 billion in assets under management. It holds an ETFValuer grade of B, reflecting a score of 69.5 out of 100, and ranks 9th among 16 peers in its category. The fund sits at overall rank #127 of 458 tracked ETFs across all categories. Its expense ratio of 0.15% matches the category median, while its dividend yield of 1.05% trails the category median of 1.22%. The top 10 holdings account for 43.1% of assets, with Mastercard Inc. representing the largest single position at 5.8%.

The fund has delivered a 1-year return of +13.58%, which falls short of the category median of +15.72%. Short-term performance shows a downward trend, with declines of -1.00% over one day, -1.14% over one week, and -1.47% over one month. In contrast, longer horizons show positive momentum, including a 3-month return of -2.22% and a 6-month gain of +3.24%. Year-to-date returns stand at +10.94%, and the 3-year return is +77.49%. The ETFValuer grade of B has remained unchanged over the last 35 tracked days. Price history is available for 3.0 years, and the current price of $83.00 sits at 60.8% of its 52-week range.

With a beta of 0.83, the fund exhibits lower sensitivity to market movements compared to the broader market. Annualized volatility is 14.67%, which is labeled as Low, while the Sharpe ratio of 0.58 indicates moderate risk-adjusted returns. The maximum drawdown recorded is -16.57%, highlighting the peak-to-trough decline experienced during the measurement period. Liquidity is supported by an average daily volume of 1,264,465 shares. These metrics collectively describe a fund that has historically experienced moderate volatility and drawdowns relative to its return profile.

AI-generated summary based on the data on this page.

SPHQ Top Holdings

Holdings as of 2026-07-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 43.1% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how SPHQ's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With SPHQ

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with SPHQ's top 10 — IYJ overlaps most, holding 4 of the same companies as SPHQ's top 10 (19.4% of SPHQ's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.96% (as of 2026-10-22) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 19.03 (as of 2026-10-22) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

SPHQ Liquidity, Domicile & Tax Treatment

Liquidity: Average daily volume is 1.3M/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $18.6B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: SPHQ is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

SPHQ Performance History

How SPHQ Compares to Other US Quality / Factor ETFs