Summary
PHDG
Prices · period metrics · 12M
NAV as of 20/07/2026
02/04/2025 → 02/04/2026
Return 15.78% Volatility 10.70% Sharpe 0.22
Official loaded data — not a live quote.

INVESCO S&P 500 DOWNSIDE HEDGED ETF

Symbol: PHDG

Exchange: NYSE

Sector: Technology

Category: Equity Hedged

Inception date: 06/12/2012

Latest date: 20/07/2026

Current price: $40.64

Expense ratio: 0.39%

Assets under management
$74.1M
-0.54% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
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Performance metrics

Period total return

-1.10%

Ann. -8.54% (Sharpe / Sortino numerator)

Volatility

9.37%

Sharpe ratio

-1.299

VaR 95%

-0.77%

CVaR 95%: -0.82%
Max drawdown: -3.36%
Sortino ratio: -3.066
Calmar ratio: -2.54

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

1.81%

Ann. 6.12% (Sharpe / Sortino numerator)

Volatility

8.28%

Sharpe ratio

0.301

VaR 95%

-0.67%

CVaR 95%: -1.06%
Max drawdown: -3.36%
Sortino ratio: 0.429
Calmar ratio: 1.82

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

9.98%

Ann. 3.18% (Sharpe / Sortino numerator)

Volatility

8.98%

Sharpe ratio

-0.050

VaR 95%

-0.81%

CVaR 95%: -1.19%
Max drawdown: -3.52%
Sortino ratio: -0.076
Calmar ratio: 0.90

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

15.78%

Ann. 6.03% (Sharpe / Sortino numerator)

Volatility

10.70%

Sharpe ratio

0.225

VaR 95%

-0.82%

CVaR 95%: -1.54%
Max drawdown: -7.66%
Sortino ratio: 0.253
Calmar ratio: 0.79

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

11.36%

Ann. 3.89% (Sharpe / Sortino numerator)

Volatility

10.63%

Sharpe ratio

0.025

VaR 95%

-0.91%

CVaR 95%: -1.53%
Max drawdown: -14.79%
Sortino ratio: 0.031
Calmar ratio: 0.26

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

27.38%

Ann. 6.86% (Sharpe / Sortino numerator)

Volatility

10.48%

Sharpe ratio

0.308

VaR 95%

-0.91%

CVaR 95%: -1.46%
Max drawdown: -14.79%
Sortino ratio: 0.418
Calmar ratio: 0.46

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 21/07/2025 - 20/07/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.061%

Best day

4.527%

15/06/2026
Worst day

-4.331%

16/06/2026
Days with data

250

Recent price history (last 90 days)

Date Open High Low Close Volume
20/07/2026 $40.86 $40.86 $40.64 $40.64 2,500
17/07/2026 $40.97 $40.97 $40.73 $40.79 2,300
16/07/2026 $41.16 $41.36 $41.02 $41.07 12,600
15/07/2026 $41.09 $41.43 $41.09 $41.33 16,800
14/07/2026 $41.00 $41.33 $41.00 $41.32 1,000
13/07/2026 $41.21 $41.33 $41.09 $41.15 6,400
10/07/2026 $41.23 $41.37 $41.23 $41.27 2,200
09/07/2026 $41.20 $41.36 $41.11 $41.22 3,700
08/07/2026 $40.99 $41.11 $40.77 $41.03 2,100
07/07/2026 $41.05 $41.26 $40.93 $40.93 2,300