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, managing $18.9 billion in assets. It holds an ETFValuer grade of B with a score of 68.2/100, ranking 9th out of 16 peers in its category and 134th of 458 tracked ETFs overall. The fund’s expense ratio of 0.15% aligns with the category median, while its dividend yield of 1.09% trails the peer median of 1.24%. Concentration in its top ten holdings accounts for 40.7% of assets, with Costco Wholesale Corp. representing the largest single position at 4.8%.

Price action shows the fund trading at $85.06, which sits at 71.8% of its 52-week range between $71.57 and $90.36. Short-term returns have been negative, with one-day and one-week losses of -0.30% and -0.40% respectively, contrasting with a stronger one-year gain of +19.09%. This one-year performance lags the category median return of +20.82%, though the fund has delivered a +13.48% year-to-date return. The rating has remained unchanged at grade B across the last 35 tracked days, and price history is available for 3.0 years.

With a beta of 0.83, the fund has exhibited lower sensitivity to market movements compared to the broader index. Annualized volatility of 14.61% is classified as Low, contributing to a Sharpe ratio of 0.96. The maximum drawdown recorded is -16.57%, indicating the peak-to-trough decline during the measured period. Liquidity is supported by an average daily volume of 1,678,351 shares and a tight bid/ask spread of 0.01%.

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

SPHQ Top Holdings

Holdings as of 2026-04-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 40.7% 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 (16.9% 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: 4.78% (as of 2026-09-04) — 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): 15.30 (as of 2026-09-07) — 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: 3.63% (as of 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

SPHQ Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.01% and average daily volume is 1.7M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $18.9B 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