Invesco S&P 500 High Dividend Low Volatility ETF (SPHD)
Invesco S&P 500 High Dividend Low Volatility ETF operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $48.95, up 0.15% on the session, giving a market capitalisation of $3.08B. Its beta of 0.47 implies it has historically moved less than the broad market.
The Invesco S&P 500 High Dividend Low Volatility ETF (SPHD) is designed to replicate the performance of the S&P 500 Low Volatility High Dividend Index. This fund allocates a minimum of 90% of its total capital to the common stocks featured within its benchmark index. Standard & Poor's is responsible for the creation, maintenance, and calculation of this index, which consists of 50 companies selected from the S&P 500 that have historically demonstrated both elevated dividend payouts and minimal price volatility. The holdings of the ETF and the constituent companies of the index are both revised and re-evaluated twice annually, in January and July.
Invesco S&P 500 High Dividend Low Volatility ETF is most often compared with the following Financial Services names: