Mastercard Powers ETF with 12.3% Q4 Beat and 10% Portfolio Weight
SPHQ returned 93.7% over five years versus the S&P 500’s 77.1%, with Mastercard and Visa combining for nearly 10% of its portfolio. Mastercard beat earnings estimates in all four quarters of 2025, most recently exceeding Q4 expectations by 12.3%.
1. ETF Performance and Methodology
The Invesco S&P 500 Quality ETF (SPHQ) targets companies with strong return on equity, low financial leverage and steady earnings. Over the past five years SPHQ returned 93.7% versus 77.1% for the S&P 500 and has gained 6.0% year to date in 2026, reflecting the effectiveness of its quality-focused screen.
2. Mastercard’s Portfolio Impact and Earnings Consistency
Payment processors dominate SPHQ’s top holdings, with Mastercard and Visa accounting for nearly 10% of the fund. Mastercard has beaten consensus earnings estimates in every quarter of 2025, most recently surpassing Q4 forecasts by 12.3%, underscoring its consistent profitability and network-driven revenue growth.