SPHD
Invesco S&P 500 High Dividend Low Volatility ETF · Invesco
Dividend ETFs
1Y Return
+7.5%
Expense Ratio
0.30%
AUM
$3.3B
Dividend Yield
4.87%
Avg Annual Growth (10Y)
+4.9%
Issuer
Invesco

Overview

The 50 S&P 500 stocks that pair the highest yields with the lowest volatility — income and calm in one screen, paid monthly.

Top Holdings

TickerHoldingWeight
MOAltria Group3.1%
VZVerizon Communications2.9%
TAT&T Inc.2.7%
KMIKinder Morgan2.5%
DDominion Energy2.4%
PMPhilip Morris Intl2.3%
ORealty Income2.2%
DUKDuke Energy2.1%
SOSouthern Co.2.0%
CCICrown Castle1.9%

Fund Details

Index
S&P 500 Low Volatility High Dividend
# Holdings
~58
Inception
Oct 2012
Exchange
NYSE Arca
Structure
Open-End Fund
Distribution
Monthly
Avg Annual Growth (10Y)
+4.9%
Avg Annual Yield (10Y)
4.25%

Investment Thesis

SPHD runs the double filter most income funds skip: start with the S&P 500's fattest yields, then keep only the calmest of them — pruning the volatile yield traps that sink naive high-dividend screens. The result is a utilities-telecom-staples income machine paying 4.9% monthly, built for holding through whatever the growth trade does next.

Who It's For

Monthly-income seekers — especially retirees — who want big yield without big beta. The defensive companion to SPYD's rawer 80-stock version already in the portal.

10-Year History

Annual Closing Price
YearClose% Chg
2016$34.37--
2017$38.50+12.0%
2018$34.65-10.0%
2019$40.88+18.0%
2020$36.39-11.0%
2021$45.12+24.0%
2022$44.67-1.0%
2023$42.88-4.0%
2024$47.17+10.0%
2025$50.00+6.0%
Annual Dividend Yield
YearYield
20163.50%
20173.60%
20184.20%
20194.10%
20204.90%
20213.80%
20224.20%
20234.80%
20244.60%
20254.80%
Annual AUM
YearAUM% Chg
2016$3B--
2017$3.5B+16.7%
2018$3B-14.3%
2019$3.2B+6.7%
2020$2.2B-31.3%
2021$3B+36.4%
2022$3.8B+26.7%
2023$3B-21.1%
2024$3B+0.0%
2025$3.2B+6.7%

Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.

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