ducovest

PHDG:NYE-Invesco S&P 500® Downside Hedged ETF (USD)

ETF | Long-Short Equity |

Last Closing

USD 37.78

Change

-0.30 (-0.79)%

Market Cap

USD 0.11B

Volume

0.04M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The fund seeks to achieve its investment objective by allocating its assets generally among the components of the S&P 500® Dynamic VEQTOR Index. The Benchmark is composed of up to three types of components: (i) an equity component, represented by the S&P 500® Index; (ii) a volatility hedge component, represented by the S&P 500® VIX Short-Term Futures Index ("VIX Futures Index"); and (iii) cash.

Company Website : http://www.invesco.com/us

Currency: USD

Country : USA

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-15 )

Largest Industry Peers for Long-Short Equity

Symbol Name Price(Change) Market Cap
FTLS First Trust Long/Short Equity ..

-0.38 (-0.58%)

 USD 1.63B
HTUS Capitol Series Trust

-0.28 (-0.61%)

 USD 0.08B
CLIX ProShares Long Online/Short St..

-0.65 (-1.40%)

 USD 8.98M

ETFs Containing PHDG

N/A

Market Performance

  Market Performance vs. Industry/Classification (Long-Short Equity) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 10.37% 25% F 59% D-
Dividend Return 1.62% 100% F 31% F
Total Return 12.00% 25% F 54% F
Trailing 12 Months  
Capital Gain 15.46% 25% F 56% F
Dividend Return 2.35% 100% F 34% F
Total Return 17.82% 25% F 53% F
Trailing 5 Years  
Capital Gain 38.44% 50% F 66% D+
Dividend Return 8.16% 67% D+ 22% F
Total Return 46.60% 50% F 62% D
Average Annual (5 Year Horizon)  
Capital Gain 5.08% 50% F 53% F
Dividend Return 5.85% 50% F 48% F
Total Return 0.77% 75% C 19% F
Risk Return Profile  
Volatility (Standard Deviation) 10.77% 75% C 78% C+
Risk Adjusted Return 54.31% 50% F 71% C-
Market Capitalization 0.11B 75% C 29% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.