Invesco High Yield Equity Dividend Achievers ETF
$23.11+0.06 (+0.24%)
- 0.68%
- $1.1B
- +18.4%
- 4.54%
- 0.3M sh
- $22.94
- low $19.59high $25.49
The ETF.net PEY Grade
C
Score 41 out of 100
- 46 of 53
Score 41 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F2 out of 100Rank 52 of 53Mission
Whether the fund did what it promised, tested against its stated mandate.A76 out of 100Rank 37 of 50Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D26 out of 100Rank 46 of 53Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B67 out of 100Rank 15 of 53Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C50 out of 100Rank 33 of 53Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B69 out of 100Rank 17 of 53
Our read on PEY
CTwo screens, one fund: companies with a habit of raising dividends, then the highest yielders among them, roughly 50 names, paid out monthly. Invesco has run this playbook since 2004.
The fund seeks to track, before fees and expenses, the NASDAQ US Dividend Achievers 50 Index. It normally invests at least 90% of assets in dividend-paying common stocks comprising that index.
Why people hold it
- Screens stack: consistent dividend growth first, then the highest yielders from that pool, trimmed to about 50 names in the Nasdaq US Dividend Achievers 50 Index.invesco.com
- Distributions come monthly rather than quarterly, which puts income on the same rhythm as most bills.
- Same mandate since its 2004 launch, now a multi-billion-dollar fund that trades with steady day-to-day liquidity and stays close to its index.
Worth knowing
- Cost is the sticking point: 0.54% a year sits above the dividend-screen median, while SCHD (0.06%) and VIG (0.04%) deliver broad dividend exposure for a fraction.
- With about 50 holdings and a yield tilt, single names and sectors carry more weight here than in broader dividend funds.
- Reaching for yield has historically come with deeper drawdowns than the dividend-growth end of this peer group.
PEY Holdings
- Stocks
- 52
- 30%
- PRGO
Sectors
- Financials21.3%
- Consumer Staples20.3%
- Utilities17.0%
- Industrials10.0%
- Health Care8.4%
- Consumer Discretionary8.3%
- Communication5.6%
- Materials4.2%
- Technology3.3%
- Energy1.6%
Geography
- United States93.78%
- Ireland3.89%
- Netherlands2.33%
PEY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
PEY$11,841
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | PEY |
|---|---|
| Year to date | +17.1% |
| 1 month | −3.3% |
| 3 months | −1.6% |
| 1 year | +18.4% |
| 3 years | +12.3% |
| 5 years | +7.3% |
| 10 years | +8.6% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | PEY |
|---|---|---|
| 2026 YTD | +17.1% | |
| 2025 | +0.6% | |
| 2024 | +5.2% | |
| 2023 | +7.3% | |
| 2022 | +2.4% | |
| 2021 | +26.1% | |
| 2020 | −3.8% |
PEY in the news
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PEY Dividends
- 4.54%
- $1.05
- $0.09 per share
- Monthly
Distribution history
PEY Risk
- 15.2%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.48
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −17.9%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.67
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
PEY Cost
0.68%
PEY0.68%
- The middle half of US Dividend Index funds
- Median 0.38%
50 of the 52 US Dividend Index funds charge less.
Other funds in US Dividend Index
- CSYLDCambria Shareholder Yield ETFExpense ratio 0.59%1 year return +26.9%
- CDURAVanEck Durable High Dividend ETFExpense ratio 0.30%1 year return +20.3%
- DKVLEKraneShares Value Line Dynamic Dividend Equity Index ETFExpense ratio 0.56%1 year return +13.7%
- CTMDVProShares - Russell U.S. Dividend Growers ETFExpense ratio 0.35%1 year return +11.2%
- DFTDSFirst Trust Dividend Strength ETFExpense ratio 0.81%1 year return +20.6%