Invesco S&P 500 Quality ETF

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.