For income investors who flinch at portfolio drawdowns, the Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) has long been a go-to vehicle.
Designed to provide broad exposure to the Style Box - Large Cap Value category of the market, the Invesco S&P 500 High Dividend Low Volatility ETF (SPHD) is a smart beta exchange traded fund launched on 10/18/2012.
Designed to provide broad exposure to the Large Cap Value segment of the US equity market, the Invesco S&P 500 High Dividend Low Volatility ETF (SPHD) is a passively managed exchange traded fund launched on October 18, 2012.
| XBER Exchange | US Country |
This investment fund is structured to allocate at least 90% of its assets towards securities that are components of a certain underlying index. The index focuses on evaluating the performance of the top 50 high-yielding, least volatile firms from the S&P 500® Index over the preceding year. The index itself is curated, maintained, and calculated by S&P Dow Jones Indices LLC, which follows strict guidelines and mandated procedures to ensure accuracy and reliability in the benchmark's performance metrics. This fund aims to provide investors with a stable investment vehicle that targets less volatile yet high-yielding opportunities within the broader S&P 500 Index.
The primary offering of this fund directs at least 90% of its total assets towards the acquisition of securities that form part of the designated underlying index. This includes equities of the 50 least volatile and high-yielding companies within the S&P 500®, offering a focused investment strategy aimed at balancing yield and stability.
Under the supervision of S&P Dow Jones Indices LLC, the fund benefits from professional compilation, maintenance, and calculation of the underlying index. The index is scientifically designed to track the performance of select corporations within the S&P 500®, emphasizing those showing low volatility and commendable yield over the past year. This process ensures that the fund's investment strategy is based on the latest and most accurate market data.