The ETF allocates about 30% of its combined weight to the staples and health care sectors. Industrials lead the way with a weight of 26.5%. No stock accounts for more than 1.3% of SPHQ’s weight, but the ETF does feature exposure to several names that S&P Capital IQ has four-star ratings on, including Stryker (NYSE: SYK), PepsiCo (NYSE: PEP) and Johnson (NYSE: JNJ). Styker and J&J are the ETF’s two largest health care holdings.
SPHQ’s last performance during the weak six-month period of the second of a presidential cycle, 2010, was anything but weak as the ETF gained almost 17% from May 1, 2010 to Oct. 31, 2010.
PowerShares S&P 500 High Quality Portfolio