SP 500 Etf Profile

SPHQ -  USA Etf  

USD 44.32  1.67  3.63%

Market Performance
0 of 100
Odds Of Distress
Less than 3
SP 500 is selling at 44.32 as of the 19th of May 2022; that is -3.63% down since the beginning of the trading day. The etf's last reported lowest price was 44.12. SP 500 has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for SP 500 Quality are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of February 2022 and ending today, the 19th of May 2022. Click here to learn more.
The investment seeks to track the investment results of the SP 500 Quality Index. SP 500 is traded on NYSEArca Exchange in the United States. More on SP 500 Quality

SP 500 Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. SP 500's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SP 500 or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
SP 500 Quality generated a negative expected return over the last 90 days
The fund maintains all of its assets in stocks
ChairmanBruce Bond  (View All)
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of SP 500's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
IssuerInvesco
DescriptionInvesco S&P 500 Quality ETF
Inception Date2005-12-02
BenchmarkS&P 500 Quality Index
Entity TypeRegulated Investment Company
Asset Under Management3.58 Billion
Average Trading Valume1.61 Million
Asset TypeEquity
CategorySize and Style
FocusLarge Cap
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorThe Bank of New York Mellon Corporation
AdvisorInvesco Capital Management LLC
CustodianThe Bank of New York Mellon Corporation
DistributorInvesco Distributors, Inc.
Portfolio ManagerPeter Hubbard, Michael Jeanette, Tony Seisser, Jonathan Nixon
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-Oct
ExchangeNYSE Arca, Inc.
Number of Constituents100.0
Market MakerIMC Chicago
Total Expense0.19
Management Fee0.15
Nav Price52.08
Two Hundred Day Average50.34
Ytd21.54%
Average Daily Volume In Three Month1.29M
Fifty Two Week Low43.39
As Of Date31st of August 2021
Average Daily Volume Last 10 Day2.11M
Fifty Two Week High53.9
One Month1.94%
Fifty Day Average48.26
Three Month9.47%
SP 500 Quality [SPHQ] is traded in USA and was established 2005-12-06. The fund is listed under Large Blend category and is part of Invesco family. SP 500 Quality at this time have 3.25 B in assets. , while the total return for the last 3 years was 18.28%.
Check SP 500 Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on SP 500 Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SP 500 , and the less return is expected.

Top SP 500 Quality Constituents

SP 500 Target Price Odds Analysis

What are SP 500's target price odds to finish over the current price? Contingent on a normal probability distribution, the odds of SP 500 jumping above the current price in 90 days from now is about 99.0%. The SP 500 Quality probability density function shows the probability of SP 500 etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.1993. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, SP 500 will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. SP 500 Quality is significantly underperforming DOW.
  Odds Below 44.32HorizonTargetOdds Above 44.32
1.46%90 days
 44.32 
98.51%
Based on a normal probability distribution, the odds of SP 500 to move above the current price in 90 days from now is about 99.0 (This SP 500 Quality probability density function shows the probability of SP 500 Etf to fall within a particular range of prices over 90 days) .

SP 500 Top Holders

SP 500 Major Institutional Holders

Institutional Holdings refers to the ownership stake in SP 500 that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of SP 500's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing SP 500's value.
InstituionSecurity TypeTotal SharesValue
Bank Of America CorpFund UnitsM249.1 M
View SP 500 Diagnostics

SP 500 Quality Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. SP 500 market risk premium is the additional return an investor will receive from holding SP 500 long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SP 500. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although SP 500's alpha and beta are two of the key measurements used to evaluate SP 500's performance over the market, the standard measures of volatility play an important role as well.

SP 500 Quality Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. SP 500 Quality Sine Of Price Series is a trigonometric price transformation method.
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SP 500 Against Markets

Picking the right benchmark for SP 500 etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in SP 500 etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for SP 500 is critical whether you are bullish or bearish towards SP 500 Quality at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in SP 500 without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Investing SP 500 Quality

You need to understand the risk of investing before taking a position in SP 500. The danger of trading SP 500 Quality is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of SP 500 is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than SP 500. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SP 500 Quality is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, take a look at World Market Map. Note that the SP 500 Quality information on this page should be used as a complementary analysis to other SP 500's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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When running SP 500 Quality price analysis, check to measure SP 500's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SP 500 is operating at the current time. Most of SP 500's value examination focuses on studying past and present price action to predict the probability of SP 500's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SP 500's price. Additionally, you may evaluate how the addition of SP 500 to your portfolios can decrease your overall portfolio volatility.
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The market value of SP 500 Quality is measured differently than its book value, which is the value of SP 500 that is recorded on the company's balance sheet. Investors also form their own opinion of SP 500's value that differs from its market value or its book value, called intrinsic value, which is SP 500's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SP 500's market value can be influenced by many factors that don't directly affect SP 500's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SP 500's value and its price as these two are different measures arrived at by different means. Investors typically determine SP 500 value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SP 500's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.