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ETFs

Invesco S&P International Developed Quality ETF

IDHQ
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 13 2007
Expense Ratio
0.29%
Type
Global Ex. US Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$1,462,185
AUM
$127,248,350
Associated Index
S&P Quality Developed ex-U.S. LargeMidCap Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

NOVOB
NOVO NORDISK A/S-B
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ASML HOLDING NV
5.55%
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Nestle SA
5.04%
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BHP Group Limited
4.57%
NOVN
Novartis AG - Registered Shares
4.43%
SHEL
SHELL PLC
4.32%
ROG
Roche Holding AG
4.30%
AIR
AIRBUS SE
1.96%
OR
L'OREAL
1.84%
PRX
PROSUS NV
1.77%
Invest with IDHQ

What is IDHQ?

The Invesco S&P International Developed Quality ETF (Fund) is based on the S&P Quality Developed ex-U.S. LargeMidCap Index (Index). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Index. The Index tracks the performance of stocks in the S&P Developed ex-U.S. LargeMidCap Index that have the highest quality score, which is calculated based on three fundamental measures, return on equity, accruals ratio and financial leverage ratio. The Fund and the Index are rebalanced and reconstituted semi-annually on the third Friday of June and December.

ETFs related toIDHQ

ETFs correlated to IDHQ include IQLT, DIHP, BKIE

IDHQ
Invesco Capital Management LLC - Invesco S&P International Developed Quality ETF
IQLT
BlackRock Institutional Trust Company N.A. - iShares MSCI Intl Quality Factor ETF
DIHP
Dimensional ETF Trust - Dimensional International High Profitability ETF
BKIE
BNY Mellon ETF Trust - BNY Mellon International Equity ETF
VEA
Vanguard Group, Inc. - Vanguard FTSE Developed Markets ETF
SCHF
Schwab Strategic Trust - Schwab International Equity ETF
SPDW
SSgA Active Trust - SPDR Portfolio Developed World ex-US ETF
BBIN
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders International Equity ETF
IDEV
iShares Trust - iShares Core MSCI International Developed Markets ETF
EFA
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE ETF
EFG
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE Growth ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toIDHQ

#TSMO

Treasury and Stock Momentum

Category

Momentum, Be Risk Aware

Risk Rating

Aggressive

#SWITCH

Asset Switching

Category

Momentum, Grow Your Portfolio

Risk Rating

Aggressive

Create your own algorithmic trading strategy with IDHQ using Composer

FAQ

IDHQ is a Global Ex. US Equities ETF. The Invesco S&P International Developed Quality ETF (Fund) is based on the S&P Quality Developed ex-U.S. LargeMidCap Index (Index). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Index. The Index tracks the performance of stocks in the S&P Developed ex-U.S. LargeMidCap Index that have the highest quality score, which is calculated based on three fundamental measures, return on equity, accruals ratio and financial leverage ratio. The Fund and the Index are rebalanced and reconstituted semi-annually on the third Friday of June and December.

IDHQ tracks the S&P Quality Developed ex-U.S. LargeMidCap Index.

No, IDHQ is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, IDHQ is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on IDHQ is -0.0106%. This is the percent change in the value of IDHQ over the most recent 1-month period. The 3-month return on IDHQ is 0.0263%. This is the percent change in the value of IDHQ over the most recent 3-month period.

The standard deviation of IDHQ for the past year is 0.2111%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to IDHQ include ARKK, TAN, and PBW.

ETFs correlated to IDHQ include IQLT, DIHP, and BKIE.

ETFs that are inversely correlated to IDHQ include EFZ, EPV, and SDS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.