Invesco品質ETF (SPHQ) 以簡單篩選超越 S&P 500

Invesco品質ETF (SPHQ) 於五年內回報 93.7% 對比 S&P 500 的 77.1%.

Invesco品質ETF (SPHQ) 2026 年年至今（2026 年）Gain 6.0% versus 1.5% for the broader index.

Mastercard and Visa combine for nearly 10% of the portfolio. Costco delivers 30.3% return on equity.

The fund’s 0.15% expense ratio and 1.07% dividend yield make it cost‑competitive while providing modest income.

The quality screen delivers measurable outperformance. Over the past five years, SPHQ returned 93.7% compared to the S&P 500’s 77.1%, proving that filtering for financial strength adds value over time.

This pattern continues in 2026, with the fund gaining 6.0% year to date through February 10, 2026 while the broader index rose just 1.5%.

Individual holdings demonstrate why the quality filter works. Mastercard beat earnings estimates in all four quarters of 2025, with the most recent quarter exceeding expectations by 12.3%. This consistency reflects the competitive moats that quality companies build through network effects and pricing power.

Costco’s 30.3% return on equity demonstrates how the quality screen identifies companies that efficiently convert shareholder capital into profits. Combined with 8.3% revenue growth, these metrics show why operational excellence matters more than top‑line expansion alone.

The Tradeoffs You Accept

Quality comes with concentration risk. Technology and industrials represent 51% of holdings, meaning sector rotation away from these areas will hurt performance. The fund also underweights energy and real estate, limiting diversification during commodity rallies or REIT recoveries.

You’re also paying a slight premium versus plain vanilla S&P 500 funds, though 15 basis points remains competitive. Finally, during speculative market phases when unprofitable growth stocks surge, SPHQ will lag because it systematically avoids those names.

SPHQ works best as a core holding for investors who prioritize financial strength over maximum diversification, accepting sector concentration in exchange for businesses that consistently deliver earnings growth.

If You’ve Been Thinking About Retirement, Pay Attention (sponsor)

Retirement planning doesn’t have to feel overwhelming. The key is finding expert guidance, and SmartAsset’s simple quiz makes it easier than ever for you to connect with a vetted financial advisor.

Answer a Few Simple Questions.
Get Matched with Vetted Advisors.
Choose Your Fit.

Why wait? Start building the retirement you’ve always dreamed of. Get started today! (sponsor)