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 18 January 2019
Asset Under Management 22.64 Million (USD)
1 Month Total Return -0.56 %
Year To Date Return 1.34 %
1 Year Total Return -5.57 %
3 Year Annualized Total Return 5.33 %
NAV 26.64
Share Outstanding 850,000
Top 10 Holdings (18 January 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
CME EMini Standard & Poor's 500 Index Future ESH9 FUTR 0.2124888710
CBOE Volatility Index Future UXJ4 FUTR 0.0850208674
MICROSOFT CORP MSFT EQUI 0.0254673189
APPLE INC AAPL EQUI 0.0216265611
AMAZON.COM INC AMZN EQUI 0.0212856858
CBOE Volatility Index Future UXJ4 FUTR 0.0164595715
BERKSHIRE HATHAWAY INC-CL B BRK/B EQUI 0.0121705633
FACEBOOK INC-CLASS A FB EQUI 0.0110253289
JOHNSON & JOHNSON JNJ EQUI 0.0107237458
JPMORGAN CHASE & CO JPM EQUI 0.0106386796