About SPHD ETF
ETF Name: Invesco SP 500 High Dividend (SPHD)
Sector: SPLV has invested in Utilities (22%), Real Estate (18%), Financials (17%), Technology (11%) and Consumer Non-Cyclical (9%).
Geography: SPLV has invested 100% of its assets in the US.
Fund Manager Name: Invesco
ETF Description: SPHD chooses the 50 least volatile, highest-yielding S&P 500 stocks. It overweights traditionally defensive industries like utilities and basic materials and, underweights technology and consumer cyclical companies.
What ETFdb says about it: The fund is probably one of the safest in the equity world as the companies on this list are very unlikely to go under unless there is an apocalyptic event in the economy.
Why is that Kristal there: A complete pool of 2100+ ETFs are screened on various qualitative and quantitative parameters to evaluate efficiency, tradability and fit. The metrics used were alpha, beta and R-Squared with respect to the segment benchmark and ETF specific metrics such as expense ratio, drawdown, volatility and the overall rating. We evaluate all ETFs and assign a composite score based on our analysis and then select the top ones in a category based on that comprehensive score by the inhouse research / quant analysts team. SPHD trades briskly with low spreads, while larger investors will find excellent underlying liquidity for block trades. While its expense ratio is high, it is overlooked by close tracking. The strategy is rebalanced on a quarterly basis with the rebalancing mechanism being determined by an algorithm that takes into account the overall performance of the strategy so far.
Fund Manager Description: Invesco was incorporated in 1935, offers insightful financial strategies through their diversified product offerings and manages $987.8B. Invesco is an American independent investment management company that has branch offices in 25 countries with more than 7000 employees.
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