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PEY - ETF AI Analysis
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Invesco High Yield Equity Dividend Achievers ETF (PEY)
Rating:68Neutral
Price Target:―
Positive Factors
Strong Sector Diversification
The ETF invests across ten different sectors, reducing the risk of being overly reliant on any single industry.
Dividend Focus
The fund targets high-yield dividend achievers, appealing to investors seeking steady income.
Healthy Asset Base
With over $1 billion in assets under management, the ETF demonstrates strong investor interest and stability.
Negative Factors
Weak Top Holdings Performance
Several of the largest positions, including Cogent Communications and LyondellBasell, have underperformed year-to-date, dragging on overall returns.
High Geographic Concentration
The ETF is almost entirely focused on U.S. companies, limiting exposure to international markets and diversification.
Above-Average Expense Ratio
The fund’s expense ratio is higher than many low-cost ETFs, which could reduce net returns for long-term investors.
PEY vs. SPDR S&P 500 ETF (SPY)
AUM1.04B
RegionNorth America
Expense Ratio0.54%
Beta0.55
IssuerInvesco
Inception DateDec 09, 2004
Dividend Yield4.77%
Asset ClassEquity
Index TrackedNASDAQ US Dividend Achievers 50 Index TR
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume248,236
30 Day Avg. Volume471,368
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
22.44Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering51
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PEY Summary
The Invesco High Yield Equity Dividend Achievers ETF (PEY) is designed for investors who want steady income through dividends. It focuses on companies from the NASDAQ US Dividend Achievers 50 Index, which includes businesses that have increased their dividends for at least 10 years. PEY holds shares in well-known companies like Pfizer and Verizon, and it invests in a variety of sectors such as utilities, financials, and consumer defensive. This ETF is a good option for those seeking diversification and reliable income from strong, established companies. However, new investors should know that the ETF’s performance can fluctuate with the overall stock market, and its focus on dividends may limit exposure to high-growth stocks.
How much will it cost me?The expense ratio for the Invesco High Yield Equity Dividend Achievers ETF (PEY) is 0.54%, meaning you’ll pay $5.40 per year for every $1,000 invested. This is higher than average for ETFs because it is actively managed to focus on high-dividend stocks, requiring more research and management effort.
What would affect this ETF?The PEY ETF, focused on high-dividend U.S. companies, could benefit from stable economic conditions and strong corporate earnings, which support dividend growth. However, rising interest rates or regulatory changes in sectors like utilities and financials, which make up a significant portion of its holdings, could negatively impact performance. Additionally, sector-specific challenges, such as declining consumer spending or healthcare reforms, may affect some of its top holdings.
PEY Top 10 Holdings
The Invesco High Yield Equity Dividend Achievers ETF (PEY) leans heavily on utilities and financials, which together make up nearly half of its portfolio, signaling a focus on stability and income. Polaris is a bright spot, rising on strong momentum and strategic moves, while Bristol-Myers Squibb also contributes positively with robust growth initiatives. However, LyondellBasell is lagging, weighed down by financial challenges and European market pressures, and Edison International faces headwinds from wildfire liabilities despite solid fundamentals. With a U.S.-centric focus, the fund balances steady dividend payers with a few underperformers holding it back.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Perrigo Company | 3.75% | $38.72M | $2.03B | -41.76% | 49 Neutral | |
| LyondellBasell | 3.62% | $37.38M | $14.87B | -38.50% | 52 Neutral | |
| Robert Half | 3.55% | $36.65M | $2.82B | -58.69% | 60 Neutral | |
| Flowers Foods | 3.40% | $35.07M | $2.28B | -49.45% | 69 Neutral | |
| Insperity | 3.21% | $33.11M | $1.62B | -44.13% | 54 Neutral | |
| United Parcel | 2.97% | $30.73M | $89.27B | -16.84% | 72 Outperform | |
| Pfizer | 2.59% | $26.76M | $144.59B | -5.88% | 74 Outperform | |
| Altria Group | 2.56% | $26.40M | $92.60B | 6.27% | 64 Neutral | |
| Verizon | 2.55% | $26.36M | $169.92B | 3.06% | 81 Outperform | |
| Franklin Resources | 2.49% | $25.72M | $13.09B | 27.02% | 74 Outperform |
PEY Technical Analysis
Positive
―
Price Trends
20.38
Positive
20.60
Positive
20.25
Positive
Market Momentum
0.09
Negative
56.00
Neutral
80.36
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PEY, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 20.60, equal to the 50-day MA of 20.38, and equal to the 200-day MA of 20.25, indicating a bullish trend. The MACD of 0.09 indicates Negative momentum. The RSI at 56.00 is Neutral, neither overbought nor oversold. The STOCH value of 80.36 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PEY.
PEY Peer Comparison
Comparison Results
Performance Comparison
PEY
Invesco High Yield Equity Dividend Achievers ETF
20.75
0.89
4.48%
FVD
First Trust Value Line Dividend Index Fund
―
―
―
FDVV
Fidelity High Dividend ETF
―
―
―
SPYD
SPDR Portfolio S&P 500 High Dividend ETF
―
―
―
FDL
First Trust Morningstar Dividend Leaders Index Fund
―
―
―
DHS
WisdomTree U.S. High Dividend Fund
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―
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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