---
ticker: "HBRD"
name: "Invesco U.S. Hybrid Bond ETF"
url: "https://etf.net/etf/HBRD"
grade: "B"
score: 56
graded_at: "2026-10-12"
category: "Preferred Securities"
category_rank: "13 of 31"
methodology: "https://etf.net/methodology"
---

# HBRD: Invesco U.S. Hybrid Bond ETF

Grade **B**, Score 56 of 100. Rank 13 of 31 in Preferred Securities.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 88 | 4 of 31 |
| Mission | Not scored | — |
| Risk | 43 | 19 of 31 |
| Tradability | 0 | 31 of 31 |
| Holdings | 74 | 9 of 29 |
| Durability | 41 | 22 of 31 |

## Top holdings

The fund holds 200 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | CVS Health Corp 7.00% 03/10/2055 | 1.46% |
| 2 | — | Meiji Yasuda Life Insurance Co 6.10% 06/11/2055 | 1.31% |
| 3 | — | Vodafone Group PLC 7.00% 04/04/2079 | 1.30% |
| 4 | — | USD Pending Dividends | 1.25% |
| 5 | — | Southern Co/The 6.38% 03/15/2055 | 1.23% |
| 6 | — | Verizon Communications Inc 6.05% 05/14/2058 | 1.21% |
| 7 | — | Verizon Communications Inc 6.60% 02/15/2059 | 1.18% |
| 8 | — | Verizon Communications Inc 6.20% 05/14/2056 | 1.14% |
| 9 | — | Verizon Communications Inc 6.75% 02/15/2057 | 1.03% |
| 10 | — | Meiji Yasuda Life Insurance Co 5.80% 09/11/2054 | 1.03% |
| 11 | — | Nippon Life Insurance Co 6.50% 04/30/2055 | 0.94% |
| 12 | — | Sysco Holdings Corp/ Sysco Corp 7.10% 10/06/2056 | 0.93% |
| 13 | — | American Electric Power Co Inc 5.80% 03/15/2056 | 0.91% |
| 14 | — | American Electric Power Co Inc 6.05% 03/15/2056 | 0.88% |
| 15 | — | Sysco Holdings Corp/ Sysco Corp 7.35% 10/06/2056 | 0.88% |
| 16 | — | Nippon Life Insurance Co 2.75% 01/21/2051 | 0.86% |
| 17 | — | Enbridge Inc 8.50% 01/15/2084 | 0.86% |
| 18 | — | Dominion Energy Inc 6.00% 02/15/2056 | 0.83% |
| 19 | — | Dominion Energy Inc 6.20% 02/15/2056 | 0.81% |
| 20 | — | Southern Co/The 6.00% 04/01/2058 | 0.80% |
| 21 | — | Dominion Energy Inc 6.63% 05/15/2055 | 0.79% |
| 22 | — | Allianz SE 5.60% 09/03/2054 | 0.78% |
| 23 | — | Nippon Life Insurance Co 5.95% 04/16/2054 | 0.78% |
| 24 | — | Sumitomo Life Insurance Co 5.88% 09/10/2055 | 0.77% |
| 25 | — | MetLife Inc 6.40% 12/15/2036 | 0.77% |
| 26 | — | Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen 5.88% 05/23/2042 | 0.76% |
| 27 | — | Entergy Corp 7.13% 12/01/2054 | 0.76% |
| 28 | — | Prudential Financial Inc 6.00% 09/01/2052 | 0.76% |
| 29 | — | Bell Telephone Co of Canada or Bell Canada 7.00% 09/15/2055 | 0.75% |
| 30 | — | Sempra 6.40% 10/01/2054 | 0.74% |

Source: etf.net, https://etf.net/etf/HBRD. Please cite the page URL.