Invesco S&P 500 High Beta ETF (SPHB)

NYSEARCA: SPHB · Real-Time Price · USD
86.60
-2.30 (-2.59%)
Oct 31, 2024, 4:00 PM EDT - Market closed
-2.59%
Assets $368.77M
Expense Ratio 0.25%
PE Ratio 23.83
Shares Out 4.10M
Dividend (ttm) $0.76
Dividend Yield 0.88%
Ex-Dividend Date Sep 23, 2024
Payout Ratio 21.01%
1-Year Return +35.50%
Volume 216,043
Open 88.17
Previous Close 88.90
Day's Range 86.46 - 88.17
52-Week Low 65.02
52-Week High 91.95
Beta 1.49
Holdings 100
Inception Date May 5, 2011

About SPHB

Fund Home Page

The Invesco S&P 500 High Beta ETF (SPHB) is an exchange-traded fund that is based on the S&P 500 High Beta index. The fund tracks a beta-weighted index of the 100 highest-beta stocks in the S&P 500. SPHB was launched on May 5, 2011 and is issued by Invesco.

Asset Class Equity
Category Mid-Cap Blend
Region North America
Stock Exchange NYSEARCA
Ticker Symbol SPHB
ETF Provider Invesco
Index Tracked S&P 500 High Beta Index

Top 10 Holdings

16.80% of assets
Name Symbol Weight
Super Micro Computer, Inc. SMCI 2.20%
NVIDIA Corporation NVDA 1.99%
Advanced Micro Devices, Inc. AMD 1.80%
Monolithic Power Systems, Inc. MPWR 1.77%
Broadcom Inc. AVGO 1.63%
Tesla, Inc. TSLA 1.59%
Carnival Corporation & plc CCL 1.47%
Norwegian Cruise Line Holdings Ltd. NCLH 1.46%
Caesars Entertainment, Inc. CZR 1.44%
CrowdStrike Holdings, Inc. CRWD 1.44%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Sep 23, 2024 $0.151 Sep 27, 2024
Jun 24, 2024 $0.17739 Jun 28, 2024
Mar 18, 2024 $0.26593 Mar 22, 2024
Dec 18, 2023 $0.16933 Dec 22, 2023
Sep 18, 2023 $0.17466 Sep 22, 2023
Jun 20, 2023 $0.13437 Jun 23, 2023
Full Dividend History

News

SPHB: Not The Best Time To Own Right Now

SPHB, with a high beta strategy, targets 100 volatile S&P 500 stocks, offering potential short-term outperformance but higher downside risk. The fund's expense ratio is 0.25%, higher than similar ETFs...

13 days ago - Seeking Alpha

SPHB: A Solid Choice For Riding The Recovery Wave

SPHB tracks the S&P 500 High Beta Index, providing exposure to high-beta stocks in the S&P 500. High-beta stocks can amplify gains and losses, so exposure to them is suitable for only under certain ci...

3 months ago - Seeking Alpha

SPHB: When The Risk-Reward Theory Falls Apart

Invesco S&P 500 High Beta ETF holds about 100 stocks of the S&P 500 index with higher volatility. SPHB has characteristics pointing to a blend of growth and value styles. SPHB high-risk / high-reward ...

6 months ago - Seeking Alpha

SPHB: High Beta Underperforming The Low Vol Factor, Near-Term Risks

Stocks have rallied since October 27, but one indicator suggests the recovery may be on shaky ground. Invesco S&P 500® High Beta ETF has technical risks and a high allocation to the Information Techno...

9 months ago - Seeking Alpha

SPHB: High Risk, Low Returns, And Questionable Quality

SPHB tracks 100 high-beta S&P 500 stocks. Launched in May 2011, the ETF has a reasonable 0.25% expense ratio, but has failed to gain much interest from an AUM perspective. Despite an upward-trending m...

1 year ago - Seeking Alpha

SPHB: Risk Adjusted Underperformance Set To Continue

The Invesco S&P 500 High Beta ETF seeks to track the S&P 500 High Beta Index, consisting of the 100 stocks with the highest beta. SPHB has underperformed the S&P 500 on both an absolute and risk-adjus...

1 year ago - Seeking Alpha

SPHB: Poor Risk/Return Right Here

Low-beta, steady stocks tend to have better risk-adjusted returns over time compared to high-beta stocks. The Invesco S&P 500 High Beta ETF focuses on high-beta stocks in the S&P 500 Index. Investing ...

1 year ago - Seeking Alpha

Time To Go Defensive With These ETFs

High-beta stocks have outperformed defensive stocks in the stock market recently, raising questions about the effectiveness of low-volatility and dividend growth investing. ROBECO's research shows tha...

Other symbols: BMYDHRJNJNOBLPEPPGTMO
1 year ago - Seeking Alpha

SPHB: Extra Returns When Timed Properly

High beta stocks can provide leverage-like effects on returns, performing well during market upswings and worse during downturns. The Invesco S&P 500 High Beta ETF is a good investment during volatile...

1 year ago - Seeking Alpha

SPHB: Time To Sell The S&P 500 High Beta Components

The Invesco S&P 500 High Beta ETF focuses on the highest beta stocks in the S&P 500 Index and has outperformed the S&P 500 this year. High beta stocks tend to outperform in bull markets and market ral...

1 year ago - Seeking Alpha

Trend Profiles Revive Outlook For U.S., Big-Cap And Growth Equities

Profiling trends through pairs of ETFs continue to tell a story of failed breakouts and frustrated expectations. The trend barely wavered for US stocks over shares in emerging markets.

Other symbols: IJRIWDIWFSPLVSPYVTAVTI
1 year ago - Seeking Alpha

SPHB: Downgrading To Sell Relative To The S&P 500

After being bullish in late 2020, I now turn bearish on the Invesco S&P 500 High Beta ETF relative to the broader equities market. An economic slowdown is a near certainty, and I don't think that a re...

1 year ago - Seeking Alpha

Dividend Yield Is 2022's Upside Outlier For Equity Factor Returns

Vanguard High Dividend Yield (VYM) is now posting a modest 1.7% year-to-date gain through Tuesday's close (Dec. 13). VYM has enjoyed a strong recovery in the past two months and currently trades just ...

Other symbols: IHSIJJIJKIJRIJTIVEIVW
2 years ago - Seeking Alpha

SPHB: High-Beta Stocks Could Bounce Strongly Into The Next Business Cycle

SPHB is a high-beta equity portfolio, focused on the United States. The fund is well-diversified and is likely undervalued based on strong underlying earnings power potential and a relatively low earn...

2 years ago - Seeking Alpha

High Dividend Yield Still Leader For U.S. Factor Returns In 2022

Vanguard High Dividend Yield (VYM) is the top performer for US equity factors, but in 2022 that translates to a relatively modest loss. Value stocks are also doing relatively well in 2022, posting the...

Other symbols: IJJIJKIJRIJSIJTIVEIVW
2 years ago - Seeking Alpha

High Dividend Yield Is Leading Edge Of Defense For U.S. Shares

VYM has certainly suffered so far in 2022, but the ETF's nearly 13% year to date haircut compares favorably against the broad stock market's 22.6% tumble via SPY. Momentum for the factor funds, unsurp...

Other symbols: IJJIJKIJRIJSIJTIVEIVW
2 years ago - Seeking Alpha

SPHB: This Tactical Play Is A Poor Long-Term Investment

SPHB is an investment vehicle preferring the most volatile stocks from the bellwether S&P 500 index. The fund beat the S&P 500 ETF mightily in recent years, with 2021 being especially successful, with...

2 years ago - Seeking Alpha

Dividend Yield Factor Offers Port In Equity Storm This Year

The broad market via SPDR S&P 500 is down more than 12% this year. Growth stocks generally are having a tough time in 2022 to no small degree due to the reversal of fortunes of tech shares.

Other symbols: IJJIJKIJRIJSIJTIVEIVW
2 years ago - Seeking Alpha

Upslope Capital's Q4 2021 Investor Letter

Upslope Capital Management is a Colorado registered investment adviser. Upslope's core investment approach is a concentrated, long/short equity strategy, focused on mid-cap businesses. 2021 was a rela...

2 years ago - Seeking Alpha

Invesco S&P 500 High Beta ETF: Crazy Risky, But Attractive Price Point Within Reach

The Invesco S&P 500 High Beta ETF selects the 100 most volatile S&P 500 stocks on a twelve-month basis. Reconstitutions occur quarterly, and fund fees are 0.25%. Previously, I outlined a framework for...

2 years ago - Seeking Alpha

Digging Into Direct Indexing

Being clear on direct indexing's benefits and limitations is key in assessing if it's right for investors.

Other symbols: ONLNSPY
3 years ago - ETFcom

SPHB: Know The Exposure And Exercise Caution

Only 18 months ago, SPHB was heavily allocated to procyclical stocks. Now, it looks more like a tech-heavy momentum ETF.

3 years ago - Seeking Alpha

The S&P 500 High Beta ETF: Here's How To Trade It

The Invesco S&P 500 High Beta ETF selects the top 100 most sensitive stocks in the S&P 500 over the past year.

3 years ago - Seeking Alpha

These ETFs saw the heaviest volume during Monday's sell-off

ETF Trends CEO Tom Lydon tracks the exchange-traded funds seeing the highest volume during a sharp sell-off. With CNBC's Bob Pisani.

Other symbols: IJTMTUMQUAL
3 years ago - CNBC Television

High Beta, Small Cap Value Lead U.S. Equity Factor Returns In 2021

US equity factor strategies targeting high-beta and small-cap value shares continue to post the strongest performances so far in 2021. Invesco S&P 500 High Beta is in the lead with a 36.3% return year...

Other symbols: IJJIJKIJRIJSIJTIVEIVW
3 years ago - Seeking Alpha