Invesco S&P 500 High Dividend Low Volatility ETF
Invesco S&P 500 High Dividend Low Volatility ETF (AMEX: SPHD) is an exchange-traded fund listed on NYSE Arca, trading at $48.55 (about ₹4,664 a unit) as of 29 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.3% and holds 54 securities. Indian residents can buy SPHD through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$48.31
Today's high
$48.70
52 week low
$46.58
52 week high
$54.04
SPHD opened at $48.48, closed previously at $48.69, and has traded between $46.58 and $54.04 over the past 52 weeks.
About
The Invesco S&P 500 High Dividend Low Volatility ETF (SPHD) is designed to replicate the performance of the S&P 500 Low Volatility High Dividend Index. This fund allocates a minimum of 90% of its total capital to the common stocks featured within its benchmark index. Standard & Poor's is responsible for the creation, maintenance, and calculation of this index, which consists of 50 companies selected from the S&P 500 that have historically demonstrated both elevated dividend payouts and minimal price volatility. The holdings of the ETF and the constituent companies of the index are both revised and re-evaluated twice annually, in January and July.
Key statistics
Expense ratio
0.3%
Assets (AUM)
$3.2B
Holdings
54
NAV
$48.96
Avg. volume
—
1-year price change
-0.88%
5-year price change
+14.69%
Price change excludes dividends.
Top 10 holdings
SPHD holds 54 securities in total. These 10 are 29.0% of the fund.
Where the money is invested
Countries
Similar funds
This is not an investment recommendation
How to buy SPHD from India
Indian residents can buy SPHD units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search SPHD and buy
Find the fund by its ticker, SPHD, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in SPHD from India
Trading and taxes when buying SPHD from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the SPHD price today?
Invesco S&P 500 High Dividend Low Volatility ETF (SPHD) last traded at $48.55 on NYSE Arca, as of 29 Sep 2026, 4:00 PM ET. That is ₹4,664 a unit at the 29 Sep 2026 USD/INR rate.
When does SPHD trade, in Indian time?
NYSE Arca trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is SPHD, and what does it cost to hold?
Invesco S&P 500 High Dividend Low Volatility ETF manages about $3.2B. Its expense ratio is 0.3% a year, deducted inside the fund. It launched in 2012.
What are SPHD's largest holdings?
The top three are Pfizer Inc (3.8%), Verizon Communications Inc (3.4%) and General Mills Inc (3.0%). SPHD's 10 largest positions make up 29.0% of the fund.
Does SPHD pay dividends?
Yes. SPHD is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India.
How are gains on SPHD taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of SPHD?
Yes. You can buy SPHD by amount rather than by whole unit, and there is no minimum trade size.
How has SPHD performed?
SPHD's price is down 0.9% over the past year and up 14.7% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.