Invesco S&P 500 Quality ETF (SPHQ) Performance
SPHQ total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +11.5% since Dec 31, 2025
- 1 year
- +12.6% total return
- 5 years
- +11.5% a year
- 10 years
- +14.7% a year
- Since first price
- +9.8% a year since 2005
SPHQ trailing returns vs SPY, QQQ, AGG
| Period | SPHQ total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.9% | −1.9% | −1.0% | −5.0% | +0.9% |
| 3 months | −2.3% | −2.4% | +3.2% | +1.9% | −0.4% |
| 6 months | +3.9% | +3.4% | +7.8% | +8.4% | −1.5% |
| YTD | +11.5% | +10.6% | +12.3% | +15.1% | −1.0% |
| 1 year | +12.6% | +11.4% | +14.4% | +15.9% | −1.1% |
| 3 years | +73.2%+20.1%/yr | +67.3% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +72.0%+11.5%/yr | +60.6% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +292.8%+14.7%/yr | +236.0% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +681.4%+14.7%/yr | +507.6% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +593.6%+10.2%/yr | +426.6% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionDec 6, 2005 | +600.7%+9.8%/yr | +432.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: SPHQ vs SPY
From Dec 6, 2005: SPHQ grew to $70,066, SPY to $87,952.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SPHQ returns by calendar year
17 of 20 full years positive. Best 2019 (+33.6%), worst 2008 (−46.3%). 2026 is year to date.
SPHQ annual returns table
| Year | SPHQ | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +11.5% | −8.9% | +12.3% | +15.1% | −1.0% |
| 2025 | +13.3% | −16.6% | +17.7% | +20.8% | +7.2% |
| 2024 | +25.4% | −6.2% | +24.9% | +25.6% | +1.3% |
| 2023 | +24.8% | −8.5% | +26.2% | +54.9% | +5.7% |
| 2022 | −15.8% | −25.0% | −18.2% | −32.6% | −13.0% |
| 2021 | +28.0% | −5.8% | +28.7% | +27.4% | −1.8% |
| 2020 | +17.4% | −31.6% | +18.3% | +48.6% | +7.5% |
| 2019 | +33.6% | −6.8% | +31.2% | +39.0% | +8.5% |
| 2018 | −7.1% | −20.8% | −4.6% | −0.1% | +0.1% |
| 2017 | +19.1% | −2.4% | +21.7% | +32.7% | +3.6% |
| 2016 | +14.3% | −6.2% | +12.0% | +7.1% | +2.4% |
| 2015 | +1.6% | −8.3% | +1.2% | +9.4% | +0.5% |
| 2014 | +16.1% | −6.0% | +13.5% | +19.2% | +6.0% |
| 2013 | +32.7% | −5.4% | +32.3% | +36.6% | −2.0% |
| 2012 | +14.3% | −7.6% | +16.0% | +18.1% | +3.8% |
| 2011 | +6.3% | −16.8% | +1.9% | +3.4% | +7.7% |
| 2010 | +20.5% | −14.0% | +15.1% | +19.9% | +6.4% |
| 2009 | +12.6% | −20.2% | +26.4% | +54.7% | +3.0% |
| 2008 | −46.3% | −56.0% | −36.8% | −41.7% | +7.9% |
| 2007 | +16.8% | −11.8% | +5.1% | +19.0% | +6.6% |
| 2006 | +4.6% | −22.3% | +15.8% | +7.1% | +3.9% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
SPHQ largest drawdowns
Now 7.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Oct 29, 2007 | −57.8% | Nov 20, 2008 | May 14, 2013 | 1.1 years | 5.5 years |
| Feb 12, 2020 | −31.6% | Mar 23, 2020 | Aug 4, 2020 | 40 days | 6 months |
| Jan 4, 2022 | −25.0% | Sep 30, 2022 | Jul 31, 2023 | 9 months | 1.6 years |
| May 8, 2006 | −22.3% | Jul 21, 2006 | May 4, 2007 | 2 months | 12 months |
| Oct 1, 2018 | −20.8% | Dec 24, 2018 | Apr 5, 2019 | 3 months | 6 months |
| Feb 19, 2025 | −16.6% | Apr 8, 2025 | Jun 4, 2025 | 48 days | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
SPHQ risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2005 |
|---|---|---|---|---|
| Annualized return | +20.3% | +13.2% | +14.6% | +10.0% |
| Volatility (annualized) | 12.7% | 15.5% | 14.9% | 15.4% |
| Sharpe ratio | 1.19 | 0.65 | 0.84 | — |
| Sortino ratio | 2.01 | 0.99 | 1.32 | — |
| Best month | +7.8% | +9.3% | +12.3% | +12.3% |
| Worst month | −6.8% | −10.4% | −10.4% | −17.8% |
| Best 12 months | +36.7% | +36.7% | +50.5% | +50.5% |
| Worst 12 months | +9.4% | −16.8% | −16.8% | −46.3% |
| Positive months | 75% | 67% | 68% | 64% |
| Beta vs S&P 500 | 0.83 | 0.90 | 0.91 | — |
| Correlation with S&P 500 | 0.81 | 0.91 | 0.94 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
SPHQ rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 239 | −46.3% | +14.3% | +50.5% | 85% |
| 3-year (a year) | 215 | −18.1% | +12.8% | +26.2% | 84% |
| 5-year (a year) | 191 | −3.9% | +13.7% | +19.9% | 87% |
| 10-year (a year) | 131 | +4.3% | +13.4% | +16.6% | 100% |
Every holding period starting at a month-end since 2005. Returns for 3 years and longer are annualized.
SPHQ performance overview
Invesco S&P 500 Quality ETF (SPHQ) returned +12.6% over the past year and +14.7% a year over ten years, with distributions reinvested. Since its first recorded price in 2005 it has returned +9.8% a year, turning $10,000 into about $70,066. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −57.8%, from Oct 29, 2007 to Nov 20, 2008, and it took 4.5 years to get back to the old high. SPHQ finished 17 of its 20 full calendar years with a gain; the best year was 2019 (+33.6%) and the worst 2008 (−46.3%). Volatility has been 15.4% a year.
Related: SPHQ chart, SPHQ holdings, SPHQ dividends, SPHQ valuation. See the SPHQ overview for the latest quote and fund facts.
SPHQ performance FAQ
What is the SPHQ return over the past year?
SPHQ returned +12.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 11.4%.
What is the average annual return of SPHQ?
SPHQ has returned +11.5% a year over 5 years, +14.7% a year over 10 years, +9.8% a year since December 6, 2005 (total return, distributions reinvested).
How much would $10,000 invested in SPHQ be worth?
$10,000 invested in SPHQ at its first recorded close on December 6, 2005 would be worth about $70,066 on October 23, 2026 with distributions reinvested.
What was the worst year for SPHQ?
The worst calendar year was 2008, with a total return of −46.3%. The best was 2019 at +33.6%.
What is the biggest drawdown of SPHQ?
The largest peak-to-trough decline was −57.8% between October 29, 2007 and November 20, 2008. It recovered to the old high on May 14, 2013, 4.5 years after the bottom.
How volatile is SPHQ?
Over the past 3 years SPHQ had an annualized volatility of 12.7% and a Sharpe ratio of 1.19 (excess return over 1–3 month T-bills per unit of risk).