Positive
Seeking Alpha
2 days ago
SPHD: Here Appreciation Is Sacrificed For Dividends, And Today It Seems Right That Way
Invesco S&P 500 High Div Low Volatility ETF (SPHD) try to offer a high dividend yield and lower volatility through a concentrated, defensive sector approach. SPHD's 4.67% SEC yield and monthly distributions appeal for short-term income, but long-term total returns lag due to low dividend growth and limited capital appreciation. Over 52% of SPHD is allocated to Real Estate, Utilities, and Staples, sectors currently benefiting from rotation but historically underperforming in capital growth.