The Invesco S&P 500 High Dividend Low Volatility ETF, trading under the ticker SPHD, has delivered a 4.57% dividend yield and a 10.45% year-to-date return, surpassing the State Street SPDR S&P 500 ETF Trust’s 0.98% yield and 7.47% gain by completely excluding the Magnificent 7 technology stocks. SPHD screens the S&P 500’s 75 highest-yielding stocks and then selects the 50 with the lowest volatility, resulting in heavy weightings in utilities, real estate, financials, and consumer staples. Over the long term, SPY outperforms SPHD due to the dominance of the Magnificent 7, and a Federal Reserve interest rate cut would likely widen that performance gap further. SPHD has maintained uninterrupted monthly dividends since its inception in 2012 and currently holds net assets of $3.23 billion with an expense ratio of 0.30%.
Invesco PlcSPHD ETF, managed by Invesco, is highlighted for strong performance and yield, attracting investor demand.
