David Dierking, The Motley Fool
Fri, June 12, 2026 astatine 10:35 AM CDT 4 min read
For astir investors, simply investing successful the S&P 500 has delivered beardown returns implicit the past respective years. Its high-tech attraction has kept investors successful the themes that are starring the marketplace higher.
But with ostentation risks rising, user sentiment low, and GDP maturation slowing, it's clip to measure whether the aboriginal tin look similar the past. Investing successful broad-market ETFs, specified arsenic the Vanguard S&P 500 ETF (NYSEMKT: VOO), has worked for a while.
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But investors mightiness request to beryllium much selective going forward. Here's 1 enactment for investors to consider.
It's clip to absorption connected prime
The 1 happening we're precise apt to support seeing implicit the adjacent 12 to 18 months is an artificial quality (AI)-fueled net and gross boom. In Q1 2026, S&P 500 net grew by much than 28% twelvemonth implicit year, the champion fig since 2021.
The adjacent respective quarters could look likewise strong. Full-year 2026 net maturation is presently forecast astatine astir 22%. 2027 could spot different 15% net maturation connected apical of that. In some years, the tech assemblage is apt to thrust the gains.
That means investors should beryllium looking to upgrade their vulnerability to these net occurrence stories. I'm not talking astir adding a axenic tech ETF due to the fact that that's wherever the biggest net maturation is coming from. I'm talking astir focusing much straight connected these high-quality net growers -- the companies with steadfast equilibrium sheets and the quality to turn successful aggregate economical environments.
That's wherefore I'm looking astatine the Invesco S&P 500 Quality ETF (NYSEMKT: SPHQ). It targets 3 cardinal measures successful its enactment process: instrumentality connected equity (ROE), the accruals ratio, and the fiscal leverage ratio. This helps weed retired immoderate of the weaker S&P 500 components and thin heavier into the leaders.
SPHQ: Performance and cardinal metrics
| Expense ratio | 0.15% | 0.03% |
| Assets nether management | $18.9 billion | $991.3 billion |
| Number of holdings | 100 | 505 |
| Three-year instrumentality (annualized) | 22.1% | 21.3% |
| Five-year instrumentality (annualized) | 14.3% | 13.4% |
| Top sectors | Tech (34%), industrials (23%), user staples (14%) | Tech (35%), financials (12%), connection services (11%) |
| Top holdings | LAM Research (4.9%), Apple (4.6%), GE Aerospace (4.5%) | Nvidia (7.9%), Apple (6.5%), Alphabet (6.5%) |
Data sources: Invesco, Vanguard.

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