Equity | US Equity

Invesco S&P 500 High Dividend Growers ETF

Ticker: DIVG

Product Details

The Invesco S&P 500 High Dividend Growers ETF (DIVG) seeks to track the investment results (before fees and expenses) of the S&P 500® High Dividend Growth Index (Index). The Fund will generally invest at least 90% of its total assets in the securities that comprise the Index.

The Index selects the 100 constituents with the highest forecasted dividend yield growth from the eligible stocks in the index universe subject to a 20% buffer to reduce turnover.

Securities that are a part of the S&P 500 are eligible for inclusion.

Securities must have a forecasted dividend yield greater than zero and maintained a dividend yield every year for at least five consecutive years.

Rebalances semi-annually in April and October

as of 03/31/2024 03/31/2024

Performance

Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
S&P 500 High Dividend Growth Net Return Index (USD) 6.38 N/A N/A N/A N/A 12.41
S&P Composite 1500 Total Return Index (USD) 10.31 29.15 10.99 14.70 12.65 16.03
Fund History (%)
Fund NAV 6.51 N/A N/A N/A N/A 12.66
After Tax Held 6.23 N/A N/A N/A N/A 12.36
After Tax Sold 3.85 N/A N/A N/A N/A 7.48
Fund Market Price 6.51 N/A N/A N/A N/A 12.66
Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
S&P 500 High Dividend Growth Net Return Index (USD) 6.38 N/A N/A N/A N/A 12.41
S&P Composite 1500 Total Return Index (USD) 10.31 29.15 10.99 14.70 12.65 16.03
Fund History (%)
Fund NAV 6.51 N/A N/A N/A N/A 12.66
After Tax Held 6.23 N/A N/A N/A N/A 12.36
After Tax Sold 3.85 N/A N/A N/A N/A 7.48
Fund Market Price 6.51 N/A N/A N/A N/A 12.66

This is a new Fund and has no full-year Fund performance to report as of most recent quarter end.

Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Performance data quoted represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than performance data quoted. After-tax returns reflect the highest federal income tax rate but exclude state and local taxes. Fund performance reflects applicable fee waivers, absent which, performance data quoted would have been lower. After Tax Held and After Tax Sold are based on NAV. Returns less than one year are cumulative.

An investor cannot invest directly in an index. The results assume that no cash was added to or assets withdrawn from the Index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.

as of 04/15/2024

Sector Allocation

Sector Percent of Fund
Financials 25.62%
Utilities 17.30%
Real Estate 11.57%
Consumer Staples 11.14%
Information Technology 9.05%
Health Care 8.03%
Energy 8.01%
Consumer Discretionary 3.57%
Industrials 2.99%
Communication Services 2.98%
as of 04/11/2024

Market Cap & Style Allocations

Large-Cap Value 21.50%
Large-Cap Blend 11.40%
Large-Cap Growth 0.55%
Mid-Cap Value 43.51%
Mid-Cap Blend 20.32%
Mid-Cap Growth 2.37%
Small-Cap Value -
Small-Cap Blend 0.35%
Small-Cap Growth -

as of 04/15/2024 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
MO Altria Group Inc 2.25
FITB Fifth Third Bancorp 1.90
C Citigroup Inc 1.83
KMI Kinder Morgan Inc 1.83
NRG NRG Energy Inc 1.80
CCI Crown Castle Inc 1.80
TGT Target Corp 1.78
RF Regions Financial Corp 1.61
PRU Prudential Financial Inc 1.54
EXR Extra Space Storage Inc 1.52

Distributions | Hide View All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital Liquidation Distribution
03/18/2024 03/19/2024 03/22/2024 0.09759 0.09759 - - - -
02/20/2024 02/21/2024 02/23/2024 0.07886 0.07886 - - - -

Frequency Distribution of Discounts & Premiums

    Bid/Ask MidPoint Above NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
03/31/2024 61 23 0 1 0 0 0
12/31/2023 17 2 0 0 0 0 0
Year Ended 2023 17 2 0 0 0 0 0
    Bid/Ask Midpoint Below NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
03/31/2024 61 37 0 0 0 0 0
12/31/2023 17 15 0 0 0 0 0
Year Ended 2023 17 15 0 0 0 0 0

Fund Inception : 12/06/2023

Premiums/Discounts

 Risk & Other Information

There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fund’s return may not match the return of the Underlying Index. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.

Unlike many investment companies, the Fund does not utilize an investing strategy that seeks returns in excess of its Underlying Index. Therefore, the Fund would not necessarily buy or sell a security unless that security is added or removed, respectively, from its Underlying Index, even if that security generally is underperforming.

In general, equity values fluctuate, sometimes widely, in response to activities specific to the company as well as general market, economic and political conditions.

Securities that pay high dividends as group can fall out of favor with the market, causing such companies to underperform companies that do not pay high dividends. Also, changes in the dividend policies of the companies in which the Fund invests and the capital resources available for such companies’ dividend payments may adversely affect the Fund.

Investments focused in a particular industry are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

The Fund is considered non-diversified and may experience greater volatility than a more diversified investment.  

An underlying fund’s return may not match the return of the underlying index of certain underlying ETFs for a number of reasons, including underlying expenses and trading costs. In addition, the performance of the Fund and the underlying index of certain underlying ETFs may vary due to asset valuation differences and differences between the underlying fund’s portfolio and the underlying index.

The value of an individual security or particular type of security can be more volatile than the market as a whole and can perform differently from the value of the market as a whole.

An underlying fund’s return may not match the return of the underlying index of certain underlying ETFs for a number of reasons, including underlying expenses and trading costs. In addition, the performance of the Fund and the underlying index of certain underlying ETFs may vary due to asset valuation differences and differences between the underlying fund’s portfolio and the underlying index.

The Fund is subject to numerous market trading risks, including the potential lack of an active market, losses from trading in secondary markets, and disruption in the creation/redemption process. During stressed market conditions, Shares may become less liquid as result of deteriorating liquidity which could lead to differences in the market price and the underlying value of those Shares.

Shares are not individually redeemable and owners of the Shares may acquire those Shares from the Fund and tender those Shares for redemption to the Fund in Creation Unit aggregations only, typically consisting of 10,000, 20,000, 25,000, 50,000, 80,000, 100,000 or 150,000 Shares.

Not a Deposit; Not FDIC Insured; Not Guaranteed by the Bank; May Lose Value; Not Insured by any Federal Government Agency