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ETFs

Invesco Exchange-Traded Fund Trust Invesco High Yield Equity Dividend Achievers ETF

PEY
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Dec 9, 2004
Expense Ratio
0.53%
Type
US Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$8,173,612
AUM
$1,287,317,334
Associated Index
Dividend Achiever 50 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

MO
Altria Group Inc.
3.34%
VFC
VF Corp.
2.96%
VZ
Verizon Communications Inc
2.92%
UVV
Universal Corp.
2.75%
NUS
Nu Skin Enterprises, Inc. - Ordinary Shares - Class A
2.6%
WBA
Walgreens Boots Alliance Inc
2.6%
KEY
Keycorp
2.57%
LNC
Lincoln National Corp.
2.56%
NWBI
Northwest Bancshares Inc
2.5%
TFC
Truist Financial Corporation
2.38%
Invest with PEY
Trade PEY Options

What is PEY?

The Invesco High Yield Equity Dividend Achievers ETF (Fund) is based on the NASDAQ US Dividend Achievers 50 Index (Index). The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise the Index. The Index is comprised of 50 stocks selected principally on the basis of dividend yield and consistent growth in dividends. The Fund and the Index are reconstituted annually in March and rebalanced quarterly in March, June, September and December.

1M
3M
6M
YTD
1Y
3Y
Max
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PEY
Performance Measures**

for the time period Dec 9, 2004 to Dec 15, 2025

Returns

1M Trailing Return: 5.2%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 0.1%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -72.8%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 22.5%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.37

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.08

The annualized return divided by the max drawdown for the selected time period.

ETFs related toPEY

ETFs correlated to PEY include SMDV, DVY, SPYD

PEY
Invesco Capital Management LLC - Invesco High Yield Equity Dividend Achievers ETF
SMDV
ProShares Trust - ProShares Russell 2000 Div Growers ETF
DVY
BlackRock Institutional Trust Company N.A. - iShares Select Dividend ETF
SPYD
SPDR Series Trust - SPDR Portfolio S&P 500 High Dividend ETF
SPHD
Invesco Capital Management LLC - Invesco S&P 500 High Dividend Low Volatility ETF
CDL
Victory Portfolios II - VictoryShares US Large Cap High Div Volatility Wtd ETF
DIV
Global X Funds - Global X SuperDividend U.S. ETF
SDOG
ALPS Advisors Inc - ALPS Sector Dividend Dogs ETF
CSB
Victory Portfolios II - VictoryShares US Small Cap High Div Volatility Wtd ETF
REGL
ProShares Trust - ProShares S&P MidCap 400 Div Aristocrats ETF
XMLV
Invesco Capital Management LLC - Invesco S&P MidCap Low Volatility 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.

Trading Strategies
Related toPEY

BEs Popped Monthly Dividends

Category

Tactical allocation, Volatility timing, Leveraged ETFs, Dividend income, Mean‑reversion, Momentum, Risk management

OOS Cumulative Return

111.56%

ULTRA BALANCER

Category

Tactical asset allocation, leveraged ETFs, trend-following, mean reversion, volatility timing, risk-on/risk-off, daily rebalance

OOS Cumulative Return

110.81%

Create your own algorithmic trading strategy with PEY using Composer

FAQ

PEY is a US Equities ETF. The Invesco High Yield Equity Dividend Achievers ETF (Fund) is based on the NASDAQ US Dividend Achievers 50 Index (Index). The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise the Index. The Index is comprised of 50 stocks selected principally on the basis of dividend yield and consistent growth in dividends. The Fund and the Index are reconstituted annually in March and rebalanced quarterly in March, June, September and December.

PEY tracks the Dividend Achiever 50 Index.

PEY dividend information: Dividend - High Yield. Dividend payouts may vary in terms of frequency of payouts.

No, PEY 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, PEY 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 PEY is -0.0204%. This is the percent change in the value of PEY over the most recent 1-month period. The 3-month return on PEY is 0.0407%. This is the percent change in the value of PEY over the most recent 3-month period.

The standard deviation of PEY for the past year is 0.18%. 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 PEY include VYM, DFAS, and DFAT.

ETFs correlated to PEY include SMDV, DVY, and SPYD.

ETFs that are inversely correlated to PEY include TZA, TWM, and RWM.

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.