Key stats
About Invesco S&P SmallCap High Dividend Low Volatility ETF
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Inception date
Dec 1, 2016
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
ISIN
US46138E1313
XSHD doesn`t make much effort to resemble the broader market. The fund delivers its mandate by screening the US small-cap universe for high dividend yields, and then screening the results for low volatility. The order is important because it may translate into a greater emphasis on yield than volatility. Furthermore, holdings are weighted by dividend yield. While there are limits to prevent too much exposure to any one sector or firm, those limits are loose enough that XSHD`s portfolio of 90 names can diverge significantly from market-neutral, look for an overweight to defensive sectors, for example. XSHD charges a reasonable fee for a dividend play, though plain-vanilla competitors are available for a fraction of the price. Note that the same methodology is used by SPHD (which holds US large-caps) and IDHD (developed international equity).
Related funds
Classification
What's in the fund
Exposure type
Finance
Utilities
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
XSHD assets under management is 75.86 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
XSHD invests in stocks. See more details in our Analysis section.
XSHD expense ratio is 0.30%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, XSHD isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, XSHD pays dividends to its holders with the dividend yield of 6.64%.
XSHD shares are issued by Invesco Ltd.
XSHD follows the S&P SmallCap 600 Low Volatility High Dividend. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 1, 2016.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.