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ETFs

Invesco S&P 500 Quality ETF

SPHQ
$—
Today’s Change
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Snapshot
*

Inception Date
Dec 6, 2005
Expense Ratio
0.15%
Type
US Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$41,122,874
AUM
$5,855,087,571
Associated Index
S&P 500 Quality Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

NVDA
NVIDIA Corp
5.34%
MA
Mastercard Incorporated - Ordinary Shares - Class A
5.21%
GOOG
Alphabet Inc - Ordinary Shares - Class C
5.14%
XOM
Exxon Mobil Corp.
4.86%
AAPL
Apple Inc
4.73%
MSFT
Microsoft Corporation
4.72%
AVGO
Broadcom Inc
4.35%
V
Visa Inc - Ordinary Shares - Class A
4.26%
PG
Procter & Gamble Co.
3.26%
ADBE
Adobe Inc
2.88%
Invest with SPHQ
Trade SPHQ Options

What is SPHQ?

The Invesco S&P 500 Quality ETF (Fund) is based on the S&P 500 Quality Index (Index).The Fund will normally 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 500 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.

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

for the time period Dec 6, 2005 to Dec 4, 2025

Returns

1M Trailing Return: 2.0%

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

3M Trailing Return: 3.6%

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

Measures of Risk or Volatility

Max Drawdown: -57.8%

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

Standard Deviation: 19.3%

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: 0.56

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: 0.16

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

ETFs related toSPHQ

ETFs correlated to SPHQ include JQUA, SPUU, IVV

SPHQ
Invesco Capital Management LLC - Invesco S&P 500 Quality ETF
JQUA
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan U.S. Quality Factor ETF
SPUU
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 2X Shares
IVV
BlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF
GSLC
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF
SSO
ProShares Trust - ProShares Ultra S&P500 2x Shares
VOO
Vanguard Group, Inc. - Vanguard S&P 500 ETF
UPRO
ProShares Trust - ProShares UltraPro S&P 500 ETF 3x Shares
SPLG
SPDR Series Trust - SPDR Portfolio S&P 500 ETF
SPY
SSgA Active Trust - SPDR S&P 500 ETF Trust
SPXL
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares

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 toSPHQ

AutoSignals | (TQQQ or SH? Edition)

Category

Trend-following, risk-on/off, RSI and moving-average filters, cross-asset signals, TQQQ vs SH toggle, high turnover, leveraged ETF

OOS Cumulative Return

0.92%

Create your own algorithmic trading strategy with SPHQ using Composer

FAQ

SPHQ is a US Equities ETF. The Invesco S&P 500 Quality ETF (Fund) is based on the S&P 500 Quality Index (Index).The Fund will normally 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 500 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.

SPHQ tracks the S&P 500 Quality Index.

No, SPHQ 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, SPHQ 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 SPHQ is -0.0034%. This is the percent change in the value of SPHQ over the most recent 1-month period. The 3-month return on SPHQ is 0.0314%. This is the percent change in the value of SPHQ over the most recent 3-month period.

The standard deviation of SPHQ for the past year is 0.1683%. 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 SPHQ include SPHB, DSI, and QUAL.

ETFs correlated to SPHQ include JQUA, SPUU, and IVV.

ETFs that are inversely correlated to SPHQ include SH, SDS, and SPXS.

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.