PEY: Attractive Value And Growth Setup For Invesco's High-Yield Dividend Achievers ETF

The Sunday Investor 7.4K Followers Follow Summary Invesco High-Yield Equity Dividend Achievers ETF is upgraded to 'buy' due to strong trends in earnings, a 4.17% estimated yield, and an attractive 11.65x forward P/E. PEY has outperformed SPY by 8.51% since January 2026, reflecting a rotation to value and robust dividend growth. The ETF's strategy targets 50 high-yielding, dividend-growing stocks, with sector caps and no REITs, ensuring qualified dividend income. Though PEY's long-term risk/return is average among peers, its low tech exposure and minimal overlap with SPY make it a strong portfolio diversifier. This article includes fundamental comparisons with other high-dividend ETFs, including SCHD, RDIV, FDL, SPYD, SPHD, and DIV. PM Images/DigitalVision via Getty Images Investment Thesis I last covered the Invesco High-Yield Equity Dividend Achievers ETF ( PEY ) on January 21, 2026, when I described it as a useful tool dividend investors could use to stabilize their portfolios during This article was written by The Sunday Investor 7.4K Followers Follow The Sunday Investor is focused exclusively on U.S. Equity ETFs. He has a strong analytical background, has received a Certificate of Advanced Investment Advice from the Canadian Securities Institute, and has completed all the educational requirements for the Chartered Investment Manager designation.Having covered hundreds of ETFs on Seeking Alpha, The Sunday Investor has developed a complex, proprietary ETF Rankings system which he shares on his website, etf-rankings.com. Nearly 1,000 ETFs receive individual factor scores covering costs, liquidity, risk, size, value, dividends, growth, quality, momentum, and sentiment, which feed into an easy-to-understand composite score from 1-10. The Sunday Investor is always active in the comments section in his articles - please don't hesitate to reach out via comment in any article or by visiting etf-rankings.com. Happy Investing! Analyst’s Disclosure: I/we have a beneficial long position in the shares of SCHD, SPY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.