2024-04-04 10:11:55 ET
Summary
- The Invesco S&P 500 High Dividend Low Volatility ETF focuses on high dividend-paying stocks that are further filtered based on the realized volatility levels.
- While the current dividend yield of 4.3% in combination with low vol-focused strategy might indicate an enticing investment case, there are several drawbacks of SPHD that make it less attractive.
- In this article, I elaborate on SPHD's stock selection process and outline several reasons why I would not commit my capital here.
The Invesco S&P 500 High Dividend Low Volatility ETF (SPHD) is a passive ETF with a market cap of ~ $3 billion that focuses on high dividend paying stocks....
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For further details see:
SPHD: Too Low Dividend To Justify The Opportunity Cost