SPHQ ETF — Invesco S&P 500 Quality ETF

Invesco S&P 500 Quality ETF (SPHQ)

Updated October 8, 2026.

SPHQ is a low-cost ETF that tracks the S&P 500 Quality Index. its distribution rate is 0.72%, its trailing-12-month yield is 1.02%, its expense ratio is 0.15%. Dividend Vision Distribution Safety Score™ is 96/100 (Safe). Total return is 621.8% over the past 20.8 years, 173.9 points behind SPY at 795.7%.

At the current 0.72% distribution rate, a $10,000 investment would generate approximately $72 per year, or about $18.00 per quarter if the next payment matches the last regular one.

Invesco S&P 500 Quality ETF tracks the S&P 500 Quality Index, which selects the 100 highest-quality stocks from the S&P 500 based on return on equity, accruals ratio, and financial leverage metrics. The fund distributes quarterly and carries a modest current distribution rate with an expense ratio of 0.15%. It appeals to income and value-oriented investors seeking large-cap exposure with a quality tilt.

SPHQ performance versus SPY

Price and return data through 2026-10-08.

Total return is 621.8% over the past 20.8 years, 173.9 points behind SPY at 795.7%. Over the past year its total return — price change plus distributions reinvested — is 17.0%. Its deepest 1-year drawdown was 8.9%.

SPHQ key facts

Distribution Safety Score™

96 · Safe

Safety-Adjusted Yield

0.69%

Issuer

Invesco

Asset type

ETF

Asset class

Equity

Inception date

12/06/2005

Expense ratio

0.15%

Distribution rate

0.72%

Distribution frequency

Quarterly

Trailing yield

1.02%

Last close

$85.50 (as of 2026-10-08)

AUM

$18,819,820,117

Average volume

1258319.0

Last dividend

$0.154

Last ex-dividend date

09/21/2026

Last payment date

09/25/2026

Beta

0.83

P/E ratio

25.7897

How Dividend Vision calculates yield and returns

Distribution rate (0.72%) 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 (1.02%) 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: S&P 500 Quality 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.

SPHQ risks and drawbacks

SPHQ's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 8.9%.

Who may consider SPHQ — and who may not

SPHQ may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (SPHQ pays quarterly); 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.

Frequently asked questions

More securities from Invesco.