NA3147078
The S&P 500 Low Volatility High Dividend Index is composed of 50 securities traded on the S&P 500 Index that historically have provided high dividend yields and low volatility.
The S&P 500® Index is a market-capitalization-weighted index (largest companies based on market capitalization make up largest portion of the index) consisting of the 500 largest, most prominent, publicly-traded companies in the US as determined by S&P. An investment cannot be made directly into an index.
There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fund’s return may not match the return of the Underlying Index. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.
Investments focused in a particular industry or sector are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.
Securities that pay high dividends as a group can fall out of favor with the market, causing such companies to underperform companies that do not pay high dividends.
There is no assurance that the Fund will provide low volatility.
The Fund may become “non-diversified,” as defined under the Investment Company Act of 1940, as amended, solely as a result of a change in relative market capitalization or index weighting of one or more constituents of the Index. Shareholder approval will not be sought when the Fund crosses from diversified to non-diversified status under such circ*mstances.
Shares are not individually redeemable and owners of the Shares may acquire those Shares from the Fund and tender those Shares for redemption to the Fund in Creation Unit aggregations only, typically consisting of 10,000,20,000, 25,000, 50,000, 80,000, 100,000 or 150,000 Shares.
FAQs
The Invesco S&P 500 High Dividend Low Volatility ETF is designed for investors seeking income from companies in the S&P 500® Index using a low volatility screen in an effort to avoid “value traps” or reduce the volatility in high dividend yield stocks.
Is SPHD a monthly dividend? ›
SPHD has a dividend yield of 4.20% and paid $1.87 per share in the past year. The dividend is paid every month and the last ex-dividend date was May 20, 2024.
Is SPHD any good? ›
SPHD has a consensus rating of Moderate Buy which is based on 38 buy ratings, 12 hold ratings and 2 sell ratings. What is SPHD's price target? The average price target for SPHD is $48.52. This is based on 52 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
What is the Invesco S&P 500 high dividend low volatility dist? ›
The Invesco S&P 500 High Dividend Low Volatility UCITS ETF Dist aims to provide the net total return performance of the S&P 500 Low Volatility High Dividend Index (the "Reference Index"), less the impact of fees. The fund distributes dividends on a quarterly basis.
What are the cons of high dividend ETF? ›
Cons. No guarantee of future dividends. Stock price declines may offset yield. Dividends are taxed in the year they are distributed to shareholders.
Which is better, SPHD or schd? ›
Yields: SPHD has a higher yield of 4.97%, while SCHD has a lower but respectable yield of 3.77%. This difference is by design, as SPHD focuses on high-yielding dividend stocks, while SPHD focuses on companies with a history of paying dividends.
Which ETF pays the highest dividend? ›
Top 100 Highest Dividend Yield ETFs
| Symbol | Name | Dividend Yield |
|---|
| NVDQ | T-Rex 2X Inverse NVIDIA Daily Target ETF | 118.15% |
| TSL | GraniteShares 1.25x Long Tesla Daily ETF | 94.69% |
| CONY | YieldMax COIN Option Income Strategy ETF | 79.62% |
| KLIP | KraneShares China Internet and Covered Call Strategy ETF | 57.99% |
93 more rowsTop 10 Holdings (26.88% of Total Assets)
- MO. Altria Group, Inc. 3.22%
- KMI. Kinder Morgan, Inc. 2.93%
- T. AT&T Inc. 2.87%
- D. Dominion Energy, Inc. 2.76%
- VZ. Verizon Communications Inc. 2.76%
- OKE. ONEOK, Inc. 2.54%
- IP. International Paper Company 2.54%
- WMB. The Williams Companies, Inc. 2.49%
Benefits Of Monthly Dividend ETFs
You only have to budget the income 30 days at a time, rather than 90. Monthly payouts are also convenient for reinvesting. Set up your ETF to reinvest monthly dividends automatically and you'll be practicing dollar cost averaging (DCA), which is a strategy to manage investment risk.
Why is SPHD going down? ›
SPHD is likely to underperform in a bullish market due to its focus on low volatility stocks, particularly in the utility and consumer defensive sectors. Investors may find better risk-adjusted returns in dividend growth ETFs.
The icing on this unappealing cake is that SPHD contains enough REITs that its dividends will not be 100% qualified, so it could only be held in a tax advantaged account unless you wanted to pay regular income rates on a non-insignificant amount of those high dividends.
Which is better vym or SPHD? ›
VYM - Performance Comparison. The year-to-date returns for both investments are quite close, with SPHD having a 7.06% return and VYM slightly higher at 7.40%. Over the past 10 years, SPHD has underperformed VYM with an annualized return of 8.05%, while VYM has yielded a comparatively higher 9.50% annualized return.
How much is SPHD dividend per share? ›
When is SPHD dividend payment date? SPHD's next quarterly payment date is on May 24, 2024, when SPHD shareholders who owned SPHD shares before May 20, 2024 received a dividend payment of $0.14 per share. Add SPHD to your watchlist to be reminded of SPHD's next dividend payment.
Which S&P 500 stock has the highest dividend yield? ›
10 Highest Dividend-Paying Stocks in the S&P 500
| Stock | Trailing annual dividend yield |
|---|
| Crown Castle Inc. (CCI) | 6.5% |
| Verizon Communications Inc. (VZ) | 6.6% |
| Altria Group Inc. (MO) | 8.5% |
| Walgreens Boots Alliance Inc. (WBA) | 10.7% |
6 more rowsVYM and SPHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VYM is a passively managed fund by Vanguard that tracks the performance of the FTSE High Dividend Yield Index.
What is the S&P 500 low volatility high dividend index methodology? ›
The index is weighted by trailing 12-month dividend yield, with constituents being re- weighted semi-annually. The S&P 500 Low Volatility High Dividend Index constituent universe is reviewed twice a year in January and July.
What is the SP 500 high dividend ETF? ›
The Invesco S&P 500® High Dividend Low Volatility ETF (Fund) is based on the S&P 500 Low Volatility High Dividend Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index.
What is the top performing high dividend ETF? ›
Top 100 Highest Dividend Yield ETFs
| Symbol | Name | Dividend Yield |
|---|
| NVDQ | T-Rex 2X Inverse NVIDIA Daily Target ETF | 118.15% |
| TSL | GraniteShares 1.25x Long Tesla Daily ETF | 94.69% |
| CONY | YieldMax COIN Option Income Strategy ETF | 79.62% |
| KLIP | KraneShares China Internet and Covered Call Strategy ETF | 57.99% |
93 more rows