PHDG

Invesco S&P 500 Downside Hedged ETF
B

42
*Unless otherwise stated, data provided by FactSet.

PHDG Fund Description

PHDG is an actively managed ETF that allocates its portfolio between S&P 500 equities, VIX Index futures and cash.

PHDG Factset Analytics Insight

While S&P 500 stocks play a starring role in its portfolio, PHDG offers decidedly different exposure to US large-caps. The fund aims to stave off the impact of huge market downturns by a holding a security that often spikes up when the S&P plummets: VIX futures. The challenge is that maintaining VIX futures exposure over time is terribly expensive. Still, if the market tanks, PHDG will likely outperform while lagging when markets behave more normally. The bottom line here: expect a very different pattern of returns for PHDG versus our benchmark despite similar equity holdings. PHDG doesn't see a lot of consistent trading and its spreads are frequently massive. Thanks to its liquid underlying basket, however, institutional investors should find straightforward block execution here. The fund charges a high fee compared with its plain-vanilla peers, but one that looks reasonable given its risk mitigation.

PHDG MSCI ESG Analytics Insight

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of February 14, 2019 the Invesco S&P 500 Downside Hedged ETF MSCI ESG Fund Quality Score is 5.43 out of 10.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. PHDG ranks in the 41st percentile within its peer group and in the 47th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

PHDG CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 02/14/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PHDG 4.84% -0.68% 4.18% -6.21% 6.67% 2.38% --
PHDG (NAV) 4.60% -0.43% 3.79% -5.30% 6.59% 2.38% --
No Underlying Index -- -- -- -- -- -- --
MSCI USA Large Cap Index 6.40% 2.23% 9.58% 4.16% 16.31% 10.82% 15.01%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

PHDG Top 10 Countries

PHDG Top 10 Sectors

PHDG Top 10 Holdings [View All]

PHDG Summary Data

Invesco
12/06/12
Open-Ended Fund
0.39%
$38.30M
$629.11K
0.38%

PHDG Portfolio Data

$201.88B
19.32
2.98
1.50%
03/18/19
505

PHDG Index Data

No Underlying Index
Volatility
Fixed
MSCI USA Large Cap Index

PHDG Portfolio Management

0.39%
--
--
--

PHDG Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

PHDG Fund Structure

Open-Ended Fund
No
No
100% / 0%
N/A
N/A
High
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

PHDG Factset Analytics Block Liquidity

As of 02/15/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of PHDG. PHDG is rated a 5 out of 5.

PHDG Tradability

21,350
$629.11K
4,526
$128.12K
0.38%
$0.10
0.05%
1.03% / -1.26%
None
100.00%
50,000
0.09
0.04%
0.00%
0
$27.31
5

PHDG Sector/Industry Breakdown


PHDG
Segment Benchmark
25.09%
26.13%
16.43%
15.07%
14.46%
14.79%
12.95%
12.56%
9.88%
8.59%
7.80%
8.17%
5.46%
5.70%
3.27%
2.64%
2.23%
2.48%
1.74%
1.08%

PHDG Countries


PHDG
Segment Benchmark
100.00%
100.00%

PHDG Regions


PHDG
Segment Benchmark
100.00%
100.00%

PHDG Economic Development


PHDG
Segment Benchmark
100.00%
100.00%

PHDG Performance Statistics

0.54
0.40
0.22
0.43
0.77%
MSCI USA Large Cap Index

PHDG MSCI ESG Ratings

5.43 / 10
41.18
47.06
12.98%
5.57%
187.75

PHDG BENCHMARK COMPARISON HOLDINGS

505
296
278
88.39%

PHDG BENCHMARK COMPARISON SUMMARY


PHDG
Segment Benchmark
505
296
$201.88B
$218.35B
19.32
19.54
2.98
3.11
2.14%
2.15%
Low
Low

PHDG BENCHMARK COMPARISON MARKET CAP SIZE


PHDG
Segment Benchmark
92.90%
99.25%
7.10%
0.75%
0.00%
0.00%
0.00%
0.00%