Invesco High Yield Equity Dividend Achievers ETF logo

Invesco High Yield Equity Dividend Achievers ETF (PEY)

Market Closed
17 Jul, 20:00
NASDAQ (NMS) NASDAQ (NMS)
$
24. 56
-0.09
-0.3651%
$
1.11B Market Cap
0.3% Div Yield
198,300 Volume
$ 24.65
Previous Close
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Day Range
24.44 25
Year Range
19.59 25
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PEY: A Closer Look At This ETF's Hidden Risks

PEY: A Closer Look At This ETF's Hidden Risks

Invesco High Yield Equity Dividend Achievers ETF (PEY) appears attractive on the surface with its high yield and "Dividend Achievers" branding, but deeper analysis reveals significant risks. The ETF's 74% turnover rate undermines its long-term, income-focused strategy, leading to underperformance and unpredictability. Many of PEY's top holdings show negative earnings growth, high debt and erratic cash flows — not exactly my idea of a great long-term investment or stable income generator.

Seekingalpha | 1 year ago
Is Invesco High Yield Equity Dividend Achievers ETF (PEY) a Strong ETF Right Now?

Is Invesco High Yield Equity Dividend Achievers ETF (PEY) a Strong ETF Right Now?

A smart beta exchange traded fund, the Invesco High Yield Equity Dividend Achievers ETF (PEY) debuted on 12/09/2004, and offers broad exposure to the Style Box - All Cap Value category of the market.

Zacks | 1 year ago
PEY Offers Excellent Value But Low Margins And Growth Rates

PEY Offers Excellent Value But Low Margins And Growth Rates

PEY holds 50 high-yielding dividend stocks that have increased payments for at least ten consecutive years. Its expense ratio is 0.53% and the ETF has $1.07 billion in assets. I estimate PEY's dividend yield to be 5.03% at current prices, slightly better than its 4.75% trailing yield. The ETF also avoids REITs, so 100% of its distributions are QDI. PEY offers excellent value and trades at just 10.77x forward earnings. In addition, its 5.56% Index yield is well above the 4.22% four-year average, suggesting PEY's holdings are substantially undervalued.

Seekingalpha | 1 year ago
Is Invesco High Yield Equity Dividend Achievers ETF (PEY) a Strong ETF Right Now?

Is Invesco High Yield Equity Dividend Achievers ETF (PEY) a Strong ETF Right Now?

The Invesco High Yield Equity Dividend Achievers ETF (PEY) made its debut on 12/09/2004, and is a smart beta exchange traded fund that provides broad exposure to the Style Box - All Cap Value category of the market.

Zacks | 1 year ago
Is Invesco High Yield Equity Dividend Achievers ETF (PEY) a Strong ETF Right Now?

Is Invesco High Yield Equity Dividend Achievers ETF (PEY) a Strong ETF Right Now?

The Invesco High Yield Equity Dividend Achievers ETF (PEY) made its debut on 12/09/2004, and is a smart beta exchange traded fund that provides broad exposure to the Style Box - All Cap Value category of the market.

Zacks | 1 year ago
PEY: Reconstitution Could Make This ETF More Effective During Market Slowdown

PEY: Reconstitution Could Make This ETF More Effective During Market Slowdown

Invesco High Yield Equity Dividend Achievers is best as a defensive fund with a 4.3% yield, suitable for sideways or declining markets due to its lack of tech exposure. PEY's top sectors are Utilities, Financials, and Consumer Staples, making up over 61% of assets, offering stability but limited growth. PEY has strong dividend growth, with a 10-year CAGR of 8.02%, but ordinary dividends may have less favorable tax consequences.

Seekingalpha | 1 year ago
Is Invesco High Yield Equity Dividend Achievers ETF (PEY) a Strong ETF Right Now?

Is Invesco High Yield Equity Dividend Achievers ETF (PEY) a Strong ETF Right Now?

The Invesco High Yield Equity Dividend Achievers ETF (PEY) made its debut on 12/09/2004, and is a smart beta exchange traded fund that provides broad exposure to the Style Box - All Cap Value category of the market.

Zacks | 1 year ago
PEY: Good Yield, And Cheap Valuations, But VYM Appears To More Reliable

PEY: Good Yield, And Cheap Valuations, But VYM Appears To More Reliable

The Invesco High Yield Equity Dividend Achievers ETF with a two-decade old history, serves as one of the more established dividend yielding products. PEY does have a couple of things going for it, such as a compelling yield and cheap valuations, but the more popular VYM still has the edge. PEY's sector and market-cap exposure is not ideal, and the risk-reward on the charts does not look promising now.

Seekingalpha | 1 year ago
These 3 Passive-Income ETFs Are a Retiree's Best Friend

These 3 Passive-Income ETFs Are a Retiree's Best Friend

Inflation-beating gains and juicy yields are the name of the game.

Fool | 1 year ago
3 Powerful ETFs for Income Seekers Looking to Maximize Gains

3 Powerful ETFs for Income Seekers Looking to Maximize Gains

With market pullbacks driven by factors like geopolitical tensions, central bank policies, and fluctuating jobless claims, many investors are left wondering where to allocate their funds. While the allure of stock picking, especially in trending areas like AI, Chinese stocks, or energy, can be strong, it doesn't suit every investor, particularly those looking for a more conservative, income-focused approach.

Benzinga | 1 year ago
3 Powerful ETFs for Income Seekers Looking to Maximize Gains

3 Powerful ETFs for Income Seekers Looking to Maximize Gains

With market pullbacks driven by factors like geopolitical tensions, central bank policies, and fluctuating jobless claims, many investors are left wondering where to allocate their funds. While the allure of stock picking, especially in trending areas like AI, Chinese stocks, or energy, can be strong, it doesn't suit every investor, particularly those looking for a more conservative, income-focused approach.

Marketbeat | 1 year ago
Is Invesco High Yield Equity Dividend Achievers ETF (PEY) a Strong ETF Right Now?

Is Invesco High Yield Equity Dividend Achievers ETF (PEY) a Strong ETF Right Now?

A smart beta exchange traded fund, the Invesco High Yield Equity Dividend Achievers ETF (PEY) debuted on 12/09/2004, and offers broad exposure to the Style Box - All Cap Value category of the market.

Zacks | 1 year ago
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