Invesco S&P 500 High Beta ETF (SPHB)
| Assets | $376.32M |
| Expense Ratio | 0.25% |
| PE Ratio | 24.74 |
| Shares Out | 4.10M |
| Dividend (ttm) | $0.76 |
| Dividend Yield | 0.85% |
| Ex-Dividend Date | Sep 23, 2024 |
| Payout Ratio | 20.92% |
| 1-Year Return | +36.93% |
| Volume | 108,130 |
| Open | 90.57 |
| Previous Close | 90.85 |
| Day's Range | 89.74 - 90.74 |
| 52-Week Low | 63.15 |
| 52-Week High | 91.95 |
| Beta | 1.49 |
| Holdings | 99 |
| Inception Date | May 5, 2011 |
About SPHB
Fund Home PageThe 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.
Top 10 Holdings
16.28% of assets| Name | Symbol | Weight |
|---|---|---|
| Super Micro Computer, Inc. | SMCI | 2.11% |
| NVIDIA Corporation | NVDA | 1.94% |
| Monolithic Power Systems, Inc. | MPWR | 1.73% |
| Advanced Micro Devices, Inc. | AMD | 1.69% |
| Broadcom Inc. | AVGO | 1.63% |
| Builders FirstSource, Inc. | BLDR | 1.48% |
| Norwegian Cruise Line Holdings Ltd. | NCLH | 1.44% |
| Caesars Entertainment, Inc. | CZR | 1.44% |
| CrowdStrike Holdings, Inc. | CRWD | 1.43% |
| Carnival Corporation & plc | CCL | 1.42% |
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 |
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...
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...
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 ...
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...
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...
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...
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 ...
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...
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...
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...
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.
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...
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 ...
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...
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...
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...
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...
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.
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...
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...
Digging Into Direct Indexing
Being clear on direct indexing's benefits and limitations is key in assessing if it's right for investors.
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.
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.
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.
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...