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Name

As of 06/12/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Invesco S&P 500 Downside Hedged ETF

PHDG | Active ETF

$41.53

$68.1 M

1.43%

$0.59

0.44%

Vitals

YTD Return

11.4%

1 yr return

22.5%

3 Yr Avg Return

9.7%

5 Yr Avg Return

5.0%

Net Assets

$68.1 M

Holdings in Top 10

50.5%

52 WEEK LOW AND HIGH

$41.4
$34.70
$43.05

Expenses

OPERATING FEES

Expense Ratio 0.44%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 06/12/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Invesco S&P 500 Downside Hedged ETF

PHDG | Active ETF

$41.53

$68.1 M

1.43%

$0.59

0.44%

PHDG - Profile

Distributions

  • YTD Total Return 11.4%
  • 3 Yr Annualized Total Return 9.7%
  • 5 Yr Annualized Total Return 5.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.52%
DIVIDENDS
  • Dividend Yield 1.4%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Invesco S&P 500 Downside Hedged ETF
  • Fund Family Name
    INVESCOETF
  • Inception Date
    Dec 06, 2012
  • Shares Outstanding
    8950000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Peter Hubbard

Fund Description

The Fund seeks to achieve its investment objective by allocating its assets generally among the components of the S&P 500® Dynamic VEQTOR Index (the “Benchmark”). The Benchmark is composed of up to three types of components: (i) an equity component, represented by the S&P 500® Index;
(ii) a volatility hedge component, represented by the S&P 500® VIX Short-Term Futures Index (“VIX Futures Index”); and (iii) cash.
The Benchmark is designed to measure the performance of the broad equity markets with an implied volatility hedge. “Implied volatility” is a measure of the expected volatility of the S&P 500® Index that is reflected in the value of the Chicago Board Options Exchange (“CBOE”) Volatility Index (“VIX Index”). Known as the “fear gauge” of the broader U.S. equities market, the VIX Index measures market volatility in large capitalization U.S. stocks and is calculated based on the prices of certain put and call options on the S&P 500® Index.
The VIX Futures Index is designed to measure the returns from long positions in futures contracts on the VIX Index. The Benchmark’s allocation to the VIX Futures Index is designed to serve as a volatility hedge, as volatility historically tends to correlate negatively to the performance of the U.S. equity markets (i.e., rapid declines in the performance of U.S. equity markets generally are associated with high volatility in such markets). Accordingly, pursuant to its methodology, the Benchmark allocates a greater portion of its weight to its equity component (the S&P 500® Index) during periods of low volatility, and a greater portion of its weight to its volatility hedge component (the VIX Futures Index) during periods of increased volatility.
Under normal circumstances, the Fund will invest its portfolio in a combination of assets that are similar, but not necessarily identical, to that of the Benchmark. The Fund’s portfolio is composed of: (i) an equity sleeve, consisting of the component securities of the S&P 500® Index, (ii) a volatility hedge sleeve, consisting of VIX Index-Related Instruments (defined below), which include futures contracts on the VIX Index, (iii) futures contracts that reference the S&P 500® Index (“S&P 500 Futures”); and (iv) various liquid investments, including short-term U.S. Treasury Securities, money market instruments, cash and cash equivalents. With respect to its equity sleeve, the Fund utilizes a “passive” investment strategy that seeks to track the performance of the S&P 500® Index as closely as possible. To do so, the Fund employs a “full replication” methodology; “full replication” means that the Fund generally invests the portion of its portfolio allocated to its equity sleeve in all of the component securities of the S&P 500® Index in proportion to their weightings in the S&P 500® Index. Although the Fund employs a passive strategy with respect to its equity sleeve, Invesco Capital Management LLC (the “Adviser”), the Fund’s investment adviser, will actively manage the Fund’s investments in VIX Index-Related Instruments, S&P 500 Futures, short-term instruments and cash, as well as the Fund’s allocation of its assets among the equity and volatility hedge sleeves. Such allocations may not correspond to the Benchmark’s allocations. Instead, the Adviser will seek to obtain returns for the Fund that exceed the Benchmark by providing the Fund with equity or volatility hedge sleeve allocations that are higher or lower than those of the Benchmark at any time given the market conditions at that time.
In addition to its investments in futures contracts on the VIX Index, the Fund may invest in U.S.-listed exchange-traded funds (“ETFs”) and exchange-traded notes (“ETNs”) that provide exposure to the VIX Index (such ETFs and ETNs, along with futures contracts on the VIX Index, are collectively the “VIX Index-Related Instruments”). The Fund may invest in the short-term instruments and cash to provide liquidity or to protect the Fund during periods of heightened volatility when the Adviser believes that it is in the best interest of the Fund to do so.
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PHDG - Performance

Return Ranking - Trailing

Period PHDG Return Category Return Low Category Return High Rank in Category (%)
YTD 11.4% -13.0% 29.2% 11.21%
1 Yr 22.5% -15.2% 36.3% 19.83%
3 Yr 9.7%* -4.4% 30.5% 54.31%
5 Yr 5.0%* -7.6% 23.8% 55.00%
10 Yr 7.0%* -2.7% 12.8% 46.15%

* Annualized

Return Ranking - Calendar

Period PHDG Return Category Return Low Category Return High Rank in Category (%)
2025 0.5% -16.2% 32.1% 78.45%
2024 8.8% -12.4% 34.9% 42.24%
2023 6.0% -17.3% 43.8% 41.38%
2022 -15.2% -54.0% 17.4% 75.24%
2021 15.1% -40.0% 54.1% 27.27%

Total Return Ranking - Trailing

Period PHDG Return Category Return Low Category Return High Rank in Category (%)
YTD 11.4% -13.0% 29.2% 11.21%
1 Yr 22.5% -15.2% 36.3% 19.83%
3 Yr 9.7%* -4.4% 30.5% 54.31%
5 Yr 5.0%* -7.6% 23.8% 55.00%
10 Yr 7.0%* -2.7% 12.8% 46.15%

* Annualized

Total Return Ranking - Calendar

Period PHDG Return Category Return Low Category Return High Rank in Category (%)
2025 2.7% -12.8% 34.5% 88.79%
2024 10.9% -9.0% 37.8% 55.17%
2023 8.2% -14.5% 43.8% 50.86%
2022 -14.1% -54.0% 50.3% 83.81%
2021 15.7% -40.0% 61.6% 42.42%

PHDG - Holdings

Concentration Analysis

PHDG Category Low Category High PHDG % Rank
Net Assets 68.1 M 3.53 M 8.14 B 68.97%
Number of Holdings 509 3 3565 17.24%
Net Assets in Top 10 33.6 M -3.49 M 3.43 B 70.69%
Weighting of Top 10 50.50% -10.3% 100.2% 44.83%

Top 10 Holdings

  1. Invesco Premier U.S. Government Money Portfolio, Institutional Class 24.98%
  2. NVIDIA Corp. 5.42%
  3. Apple Inc. 4.47%
  4. Microsoft Corp. 3.73%
  5. Amazon.com, Inc. 2.71%
  6. Alphabet Inc., Class A 2.29%
  7. Alphabet Inc., Class C 1.84%
  8. Broadcom Inc. 1.82%
  9. Meta Platforms, Inc., Class A 1.82%
  10. Tesla, Inc. 1.41%

Asset Allocation

Weighting Return Low Return High PHDG % Rank
Stocks 		69.06% -4.64% 109.44% 49.14%
Cash 		30.32% 0.58% 110.32% 38.79%
Other 		0.62% -50.16% 99.42% 26.72%
Preferred Stocks 		0.00% -0.91% 3.38% 34.48%
Convertible Bonds 		0.00% -0.02% 4.48% 30.63%
Bonds 		0.00% 0.00% 135.27% 52.59%

Stock Sector Breakdown

Weighting Return Low Return High PHDG % Rank
Technology 		24.45% 0.00% 43.24% 21.05%
Healthcare 		14.47% 0.91% 100.00% 55.79%
Financial Services 		13.40% 0.00% 48.50% 54.74%
Consumer Cyclical 		10.75% 0.00% 88.83% 46.32%
Communication Services 		8.81% 0.00% 32.32% 29.47%
Industrials 		8.19% 0.00% 31.93% 74.74%
Consumer Defense 		6.90% 0.00% 17.03% 35.79%
Energy 		4.80% 0.00% 32.57% 49.47%
Utilities 		2.98% 0.00% 12.88% 16.84%
Real Estate 		2.77% 0.00% 7.83% 26.32%
Basic Materials 		2.47% 0.00% 28.58% 57.89%

Stock Geographic Breakdown

Weighting Return Low Return High PHDG % Rank
US 		69.06% -0.47% 109.44% 47.41%
Non US 		0.00% -4.17% 47.60% 43.10%

PHDG - Expenses

Operational Fees

PHDG Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.44% 0.44% 6.06% 100.00%
Management Fee 0.39% 0.00% 2.50% 9.48%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.03% 0.40% N/A

Sales Fees

PHDG Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 4.25% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

PHDG Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PHDG Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 446.00% N/A

PHDG - Distributions

Dividend Yield Analysis

PHDG Category Low Category High PHDG % Rank
Dividend Yield 1.43% 0.00% 27.22% 49.14%

Dividend Distribution Analysis

PHDG Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Quarterly Annual

Net Income Ratio Analysis

PHDG Category Low Category High PHDG % Rank
Net Income Ratio 0.52% -2.69% 2.16% 14.04%

Capital Gain Distribution Analysis

PHDG Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

PHDG - Fund Manager Analysis

Managers

Peter Hubbard

Start Date

Tenure

Tenure Rank

Dec 05, 2012

9.49

9.5%

Peter Hubbard, Vice President and Director of Portfolio Management of the Invesco PowerShares Capital Management LLC. Mr. Hubbard has been a Portfolio Manager of the Adviser since June 2007 and has been associated with the Adviser since 2005. Prior to joining the Invesco PowerShares Capital Management LLC, Hubbard was a research analyst and trader for Ritchie Capital from September 2003 to May 2005.

Theodore Samulowitz

Start Date

Tenure

Tenure Rank

Dec 05, 2012

9.49

9.5%

Theodore Samulowitz is a Vice President and Portfolio Manager of Invesco PowerShares Capital Management LLC. He has been a Portfolio Manager of Invesco PowerShares Capital Mgmt LLC since May 2012. Prior to that, he was the Managing Partner of Endurance Capital Markets LLC from 2010 to May 2012 and a Portfolio Manager of CMT Asset Management from 2006 to 2010.

David Hemming

Start Date

Tenure

Tenure Rank

Sep 21, 2016

5.69

5.7%

David Hemming, Senior Portfolio Manager of the Invesco Capital Management LLC, Commodities and Alternatives.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 23.55 6.01 7.93

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