PEY ETF — Invesco High Yield Equity Dividend Achievers ETF

Invesco High Yield Equity Dividend Achievers ETF (PEY)

Updated October 2, 2026.

PEY is an ETF that tracks the NASDAQ US Dividend Achievers 50 Index. its distribution rate is 4.88%, its trailing-12-month yield is 4.57%, its expense ratio is 0.68%. Dividend Vision Distribution Safety Score™ is 100/100 (Safe). Total return is 287.6% over the past 21.8 years, 576.1 points behind SPY at 863.7%.

At the current 4.88% distribution rate, a $10,000 investment would generate approximately $488 per year, or $40.67 per month.

PEY performance versus SPY

Price and return data through 2026-10-02.

Total return is 287.6% over the past 21.8 years, 576.1 points behind SPY at 863.7%. Over the past year its total return — price change plus distributions reinvested — is 13.5%. Its deepest 1-year drawdown was 9.3%.

PEY key facts

Distribution Safety Score™

100 · Safe

Safety-Adjusted Yield

4.88%

Issuer

Invesco

Asset type

ETF

Asset class

Equity

Inception date

12/09/2004

Expense ratio

0.68%

Distribution rate

4.88%

Distribution frequency

Monthly

Trailing yield

4.57%

Last close

$22.89 (as of 2026-10-02)

AUM

$1,103,897,194

Average volume

487400.0

Last dividend

$0.09315

Last ex-dividend date

09/21/2026

Last payment date

09/25/2026

Beta

0.64

P/E ratio

13.6371

How Dividend Vision calculates yield and returns

Distribution rate (4.88%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (4.57%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Invesco or company page; Index: NASDAQ US Dividend Achievers 50 Index; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

PEY risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 9.3%.

Who may consider PEY — and who may not

PEY may suit someone looking for a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Compare PEY

PEY vs similar funds:

• PEY vs SCHD

Frequently asked questions

More securities from Invesco.