Nasdaq: Is Invesco S&P 500 Quality ETF (SPHQ) a Strong ETF Right Now?

From Nasdaq:



The Invesco S&P 500 Quality ETF (SPHQ) is a smart beta exchange traded fund designed to provide exposure to the Large Cap Blend category of the market. Smart beta ETFs track non-cap weighted strategies and are an option for investors who want to pick stocks to beat the market. The fund is managed by Invesco and seeks to match the performance of the S&P 500 Quality Index, which tracks the performance of stocks in the S&P 500 Index with the highest quality score. The annual operating expenses for SPHQ are 0.15%, making it one of the cheaper products in the space. The ETF has a sector exposure in Information Technology, Healthcare, and Energy, with its top 10 holdings accounting for approximately 45.42% of the total assets under management. SPHQ returns are approximately 24.46%, and it is a medium risk choice in the space. Investors seeking alternatives to SPHQ may consider iShares Core Dividend Growth ETF (DGRO) and Vanguard Dividend Appreciation ETF (VIG). Additionally, investors looking for cheaper and lower-risk options may consider traditional market cap weighted ETFs. The article emphasizes the importance of investing in ETFs that match one’s investment objectives and staying updated with the latest developments in the ETF investing universe.



Original: Is Invesco S&P 500 Quality ETF (SPHQ) a Strong ETF Right Now?