Invesco S&P SmallCap High Dividend Low Volatility ETF

Frequently Asked Questions About XSHD

What does XSHD invest in?

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).

What is the expense ratio of XSHD?

Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD) charges an expense ratio of 0.30%. This is the annual fee deducted from fund assets to cover management and operations.

What is XSHD's dividend yield?

XSHD's trailing-twelve-month yield is 4.90%, calculated from the sum of dividends over the past year divided by the current price.

How big is XSHD?

Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD) manages $73.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is XSHD actively managed or an index fund?

XSHD's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was XSHD launched?

Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD) launched in December 2016 and is managed by Invesco.