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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
Broad Sector Mix
Holdings spread across financials, utilities, consumer defensive, industrials, health care, and other sectors help reduce the impact of weakness in any single industry.
Generally Strong Top Holdings
Most of the top 10 positions have shown positive year-to-date performance, which has supported the fund’s overall results.
Solid Asset Base
The ETF manages over a billion dollars in assets, suggesting it has attracted meaningful investor interest and offers reasonable trading scale.
Negative Factors
High U.S. Concentration
With nearly all assets in U.S. stocks, the fund offers little geographic diversification and is heavily tied to the U.S. market.
Above-Average Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which can modestly reduce net returns over time.
Sector Tilts Toward Financials and Utilities
Large weights in financial and utility stocks mean the fund may be more sensitive to interest rate and regulatory changes affecting those sectors.
PEY vs. SPDR S&P 500 ETF (SPY)
AUM1.07B
RegionNorth America
Expense Ratio0.54%
Beta0.58
IssuerInvesco
Inception DateDec 09, 2004
Dividend Yield4.47%
Asset ClassEquity
Index TrackedNASDAQ US Dividend Achievers 50 Index TR
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume159,488
30 Day Avg. Volume412,130
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
23.09Price 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 increased their dividends for at least 10 years in a row. The fund holds well-known names like United Parcel Service (UPS) and Pfizer, along with many financial, utility, and consumer companies. Someone might invest in PEY to seek regular income from dividends and diversify across many stable, dividend-focused stocks. A key risk is that stock prices and dividend payments can still go up and down with the 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 is leaning heavily into classic U.S. dividend payers, with a tilt toward financials, utilities, and defensive names rather than flashy tech. Recently, LyondellBasell and Insperity have been doing much of the heavy lifting, rising and helping support the fund’s income-first story. UPS has also been a steady workhorse, adding some cyclical punch. On the softer side, Perrigo and Robert Half have been lagging, acting like a bit of sand in the ETF’s gears. Overall, it’s a U.S.-centric, dividend-focused portfolio built more for resilience than excitement.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| LyondellBasell | 4.36% | $46.77M | $18.54B | -26.35% | 52 Neutral | |
| Perrigo Company | 3.51% | $37.64M | $2.00B | -39.77% | 49 Neutral | |
| Flowers Foods | 3.28% | $35.16M | $2.19B | -43.54% | 69 Neutral | |
| United Parcel | 3.16% | $33.91M | $101.16B | 3.31% | 72 Outperform | |
| Robert Half | 2.96% | $31.79M | $2.51B | -58.56% | 60 Neutral | |
| Altria Group | 2.95% | $31.66M | $112.89B | 27.49% | 64 Neutral | |
| Verizon | 2.93% | $31.41M | $206.65B | 18.96% | 81 Outperform | |
| Pfizer | 2.65% | $28.49M | $156.81B | 7.90% | 74 Outperform | |
| Edison International | 2.53% | $27.14M | $27.50B | 39.30% | 77 Outperform | |
| Franklin Resources | 2.51% | $26.97M | $14.08B | 29.08% | 74 Outperform |
PEY Technical Analysis
Positive
―
Price Trends
21.10
Positive
20.75
Positive
20.48
Positive
Market Momentum
0.31
Positive
57.29
Neutral
41.57
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 21.77, equal to the 50-day MA of 21.10, and equal to the 200-day MA of 20.48, indicating a bullish trend. The MACD of 0.31 indicates Positive momentum. The RSI at 57.29 is Neutral, neither overbought nor oversold. The STOCH value of 41.57 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
21.97
0.91
4.32%
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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―
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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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