DIVG: Invesco S&P 500 High Dividend Growers ETF
What this ETF is trying to do
The Invesco S&P 500 High Dividend Growers ETF (DIVG) focuses on companies within the S&P 500 that provide dividends. Its goal is to provide investors with a mix of share-price growth and regular cash payments.
What the numbers show
As of October 9, 2026, the share price of DIVG was $36.54.
When looking at performance, it is important to distinguish between price return and total return:
• Price Return: This measures only the change in the share price. The one-year price return was 12.03%, and the year-to-date (YTD) price return was 11.87%.
• Total Return: This reflects the overall return, including the cash distributions paid to investors. The one-year total return was 15.75%, and the YTD total return was 14.57%.
For example, if you had invested $10,000 based on the estimated price from roughly one year ago ($32.61), the price-only increase of 12.03% would have grown that principal to approximately $11,203.
Income and distribution explanation
DIVG usually pays distributions monthly. Over the last 12 months, it made 12 payments totaling $1.14 per share. This results in a distribution yield of approximately 3.12%.
It is important for beginners to remember that a high distribution yield alone can be misleading. While these payments provide cash income, they do not guarantee that the original investment value will stay the same or grow.
NAV Erosion explanation
"NAV erosion" happens when the actual value of the fund's assets declines over time, which can lead to a falling share price.
For DIVG, the erosion-risk score is 100, and the erosion label states "No price erosion detected." Additionally, the severe erosion-risk flag is false, meaning the fund's price trend has not triggered a warning for substantial deterioration.
Top Holdings
The fund holds 101 different assets. As of October 4, 2026, the top holdings (which are a partial list) included:
• HP Inc: 3.29%
• Franklin Templeton Inc: 2.35%
• Prudential Financial Inc: 2.13%
• Altria Group Inc: 2.03%
• Paychex Inc: 1.98%
• Ares: 1.92%
• VICI Properties Inc: 1.86%
• Hewlett Packard Enterprise Co: 1.81%
• Verizon Communications Inc: 1.77%
• Invitation Homes Inc: 1.67%
Pros
• Positive price and total returns over the last year.
• Consistent monthly distribution history.
• No detected price erosion.
Cons
• Three-year performance data was not supplied.
• The distribution yield is relatively modest compared to some high-income funds.
Beginner takeaway
DIVG is an ETF that combines dividends with price growth. While it has shown positive returns recently and has a "good" erosion-risk rating, investors should always look at the total return rather than just the distribution yield to see the full picture of their investment.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | HP INC | HPQ | 3.29% |
| 2 | FRANKLIN TEMPLETON INC | BEN | 2.35% |
| 3 | PRUDENTIAL FINANCIAL INC | PRU | 2.13% |
| 4 | ALTRIA GROUP INC | MO | 2.03% |
| 5 | PAYCHEX INC | PAYX | 1.98% |
| 6 | n/a | ARES | 1.92% |
| 7 | VICI PROPERTIES INC ORDINARY SHARES | VICI | 1.86% |
| 8 | HEWLETT PACKARD ENTERPRISE CO | HPE | 1.81% |
| 9 | VERIZON COMMUNICATIONS INC | VZ | 1.77% |
| 10 | INVITATION HOMES INC | INVH | 1.67% |