PHDG

Fund Description
The Invesco S&P 500 Downside Hedged ETF (the Fund) is an actively managed exchange-traded fund (ETF) that seeks to achieve positive total returns in rising or falling markets that are not directly correlated to broad equity or fixed-income market returns. The Fund seeks to achieve its investment objective by using a quantitative, rules-based strategy that seeks to obtain returns that exceed the S&P 500 Dynamic VEQTOR Index (the Index). The Index provides investors with broad equity market exposure with an implied volatility hedge by dynamically allocating between equity, volatility and cash. The index allows investors to receive exposure to the equity and volatility of the S&P 500 Index in a dynamic framework.
Fund Profile
Fund Name Invesco S&P 500 Downside Hedged ETF
Fund Exchange Ticker PHDG
Fund Sponsor Invesco
Fund ISIN US46090A7054
Net Expense Ratio 0.39 %
Fund Inception Date 6 December 2012
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific US Equities - Quant Strat
Asset Class Equities (Stocks)
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Large Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 19 June 2019
Asset Under Management 37.85 Million (USD)
1 Month Total Return 2.26 %
Year To Date Return 7.33 %
1 Year Total Return 0.31 %
3 Year Annualized Total Return 6.38 %
NAV 28.04
Share Outstanding 1,350,000
Top 10 Holdings (19 June 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
CME EMini Standard & Poor's 500 Index Future ESU9 0.2133515569
CBOE Volatility Index Future UXN9 FUTR 0.0927892880
MICROSOFT CORP MSFT EQUI 0.0296213019
APPLE INC AAPL EQUI 0.0252190495
AMAZON.COM INC AMZN EQUI 0.0224147013
FACEBOOK INC-CLASS A FB EQUI 0.0127283658
BERKSHIRE HATHAWAY INC-CL B BRK/B EQUI 0.0114392890
JOHNSON & JOHNSON JNJ EQUI 0.0106460810
JPMORGAN CHASE & CO JPM EQUI 0.0102409840
ALPHABET INC-CL C GOOG EQUI 0.0096500920