Invesco S&P 500 High Dividend Growers ETF

Invesco S&P 500 High Dividend Growers ETF (DIVG) tracks the S&P 500 High Dividend Growth Index: 100 S&P 500 stocks whose dividends are expected to rise most relative to their share price, weighted toward the highest forecasted yields. It pays monthly, yielding 3.01% over the 12 months to October 27, 2026. Its 0.39% annual cost tops the 0.28% average for similar funds, and assets were just $11.7 million as of August 31, 2026.

• Over the year to Oct 27, 2026, DIVG returned +19.2%, 6th of 9 among similar funds.
• Its worst full calendar year was 2025 (+11.3%); its best was 2024 (+16.6%).
• The deepest fall in its price history was 15% (Nov 29, 2024 to Apr 8, 2025), recovered by Jul 22, 2025.

As of Aug 31, 2026, the fund held 99 securities; the ten largest made up 20.67% of assets, and 2.03% sat in cash and money-market holdings.

By sector

• Over the three months to Aug 31, 2026, investors added a net $12K (creations minus redemptions, per the N-PORT report).
• Monthly total returns reported for that quarter: +1.83%, +4.49%, +0.62%.

DIVG tracks the S&P 500 High Dividend Growth Index, an S&P Dow Jones Indices benchmark drawn from the S&P 500. To qualify, a company must be expected to pay a dividend, must have raised or maintained its total dividend per share for at least five straight calendar years, and must have a forecast dividend at least as large as last year's. Keeping the dividend flat counts, so not every holding raises its payout yearly.

Each April and October, the index scores eligible stocks by forecasted dividend yield growth: the expected dividend per share for the next 12 months, minus the past 12 months' dividend, divided by the share price. The top 100 are included and weighted by forecasted dividend yield (yearly dividend as a percentage of price), so higher yielders get bigger stakes, regardless of company size. Forecasts come from S&P Global Market Intelligence, an affiliate of the index provider, so selection rests on estimates.

The fund aims to hold every index stock at its index weight, a method called full replication. As of August 31, 2026, HP Inc. was the largest of 99 holdings at about 3.0%, ahead of Franklin Templeton and Paychex; the top 10 totaled 20.7%. The fund is classified as non-diversified, so it may hold bigger stakes in a few companies.

• DIVG charges 0.39% a year, versus an average of 0.28% for the similar funds below (6th of 9, cheapest first).
• Using the prospectus's standard example, $10,000 invested would cost about $40 in the first year and $493 over 10 years (assuming a 5% annual return).

It holds about 100 dividend-paying S&P 500 stocks weighted toward higher yields and pays monthly, yielding 3.01% over the 12 months to October 27, 2026.

DIVG pays monthly; its yield over the past 12 months was 3.01% as of October 27, 2026. It launched in December 2023, so it has no history through the 2008 financial crisis, the 2020 COVID crash or the 2022 bear market. Its deepest drop was 15%, from November 29, 2024, to April 8, 2025; it regained that peak by July 22, 2025, 3.4 months after the low. Its worst of two full calendar years, 2025, was still an 11.3% gain. Cashing out near that April low would have locked in losses; monthly dividends can ease that pressure, though companies can cut payouts in a downturn.

It costs 0.39% a year ($40 in the first year on $10,000 in the SEC's standard example), above the 0.28% average for similar funds. Past results don't predict future returns, and a retirement plan should look at the whole portfolio, not one fund.

Matched by holdings overlap from the latest N-PORT reports.