PEY - ETF AI Analysis
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Invesco High Yield Equity Dividend Achievers ETF (PEY)
Rating:67Neutral
Price Target:―
Positive Factors
Solid Recent Performance
The ETF has shown strong gains so far this year and over the past month, indicating positive recent momentum.
Diversified Across Many Sectors
Holdings are spread across financials, consumer stocks, industrials, utilities, health care, technology, and more, which helps reduce the impact of weakness in any single sector.
Healthy Fund Size
With over a billion dollars in assets, the ETF is a well-established fund that is likely to offer good trading liquidity for everyday investors.
Negative Factors
Relatively High Expense Ratio
The fund’s ongoing fee is on the higher side for an ETF, which can slowly eat into long-term returns compared with lower-cost options.
Mixed Performance Among Top Holdings
Several of the largest positions have shown weak or negative performance this year, which could drag on future returns if the trend continues.
Heavy U.S. Concentration
Almost all of the ETF’s assets are invested in U.S. companies, offering little geographic diversification outside the U.S. market.
PEY vs. SPDR S&P 500 ETF (SPY)
AUM1.10B
RegionNorth America
Expense Ratio0.54%
Beta0.58
IssuerInvesco
Inception DateDec 09, 2004
Dividend Yield4.35%
Asset ClassEquity
Index TrackedNASDAQ US Dividend Achievers 50 Index TR
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume150,072
30 Day Avg. Volume213,811
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
24.93Price Target Upside― Downside
Rating ConsensusHold
Number of Analyst Covering51
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PEY Summary
PEY is the Invesco High Yield Equity Dividend Achievers ETF, which follows the NASDAQ US Dividend Achievers 50 Index. It focuses on U.S. companies that have paid and raised their dividends for at least 10 years in a row. The fund holds a mix of sectors like financials, consumer goods, and utilities, and includes well-known names such as HP and Pfizer. Investors might consider PEY if they want regular income from dividends along with broad diversification across many stable companies. A key risk is that stock prices and dividend payments can still go up and down with the overall market.
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
PEY leans heavily into U.S. dividend stalwarts, with a clear tilt toward defensive sectors like consumer staples, utilities, and financials. On the positive side, Altria and LyondellBasell have been doing much of the heavy lifting this year, helping offset weakness elsewhere. UPS and Robert Half are also pulling their weight with steadier, recently rising share prices. But Flowers Foods and Perrigo have been losing steam, dragging on returns. Overall, the fund is broadly diversified across U.S. names, but its income-first focus means it can lag when growth stocks are in the driver’s seat.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Flowers Foods | 4.33% | $47.72M | $1.83B | -45.43% | 69 Neutral | |
| Perrigo Company | 3.85% | $42.50M | $1.52B | -58.53% | 49 Neutral | |
| Robert Half | 3.53% | $38.98M | $3.42B | -18.27% | 60 Neutral | |
| Insperity | 3.48% | $38.44M | $1.73B | -25.83% | 54 Neutral | |
| United Parcel | 2.47% | $27.28M | $94.06B | 7.46% | 72 Outperform | |
| Universal | 2.44% | $26.94M | $1.29B | -11.26% | 70 Neutral | |
| Altria Group | 2.43% | $26.82M | $121.42B | 22.54% | 64 Neutral | |
| Prudential Financial | 2.42% | $26.70M | $39.19B | 7.36% | 77 Outperform | |
| Main Street Capital | 2.39% | $26.42M | $4.83B | -13.97% | 75 Outperform | |
| Kimberly Clark | 2.34% | $25.82M | $38.08B | -12.68% | 63 Neutral |
PEY Technical Analysis
Positive
―
Price Trends
22.58
Positive
21.90
Positive
21.12
Positive
Market Momentum
0.31
Negative
62.07
Neutral
45.14
Neutral
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 23.22, equal to the 50-day MA of 22.58, and equal to the 200-day MA of 21.12, indicating a bullish trend. The MACD of 0.31 indicates Negative momentum. The RSI at 62.07 is Neutral, neither overbought nor oversold. The STOCH value of 45.14 is Neutral, 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
23.71
3.41
16.80%
FDVV
Fidelity High Dividend ETF
―
―
―
FVD
First Trust Value Line Dividend Index Fund
―
―
―
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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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.
DisclaimerThis 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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