Invesco S&P 500 Quality ETF (SPHQ)

quarterly-dividends sp-500-subset

Tracks the S&P 500 Quality Index, which focuses on stocks within the S&P 500 that exhibit high quality scores based on financial metrics such as return on equity, accruals ratio, and financial leverage ratio. As of this writing, SPHQ had an expense ratio of 0.15%, making it a relatively cost-effective option for investors seeking exposure to quality stocks. The ETF typically pays dividends on a quarterly basis, providing regular income potential for investors. In terms of portfolio composition, SPHQ generally holds between 100 to 120 stocks, offering a more concentrated approach compared to the broader S&P 500 index. This focused selection aims to provide exposure to companies with strong fundamentals and potentially lower risk profiles within the large-cap U.S. equity market.