SPHB: Invesco S&P 500 High Beta ETF
About
SPHB was created on 2011-05-05 by Invesco. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 360.39m in AUM and 99 holdings. SPHB tracks a beta-weighted index of the 100 highest-beta stocks in the S&P 500.
Current Value
$89.771 Year Return
Current Value
$89.771 Year Return
Key Details
Assets Under Management
$365.01M
Div Yield %
0.85%
P/E Ratio
26.47
Net Asset Value
$88.24
Expense Ratio
0.25%
1Y ETF Return
0.26%
Strategies that include SPHB
Stock's related to SPHB
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| AEIS | 82.63% | $4.20B | +16.90% | 0.27% |
| MKSI | 81.93% | $7.29B | +42.89% | 0.82% |
| ENTG | 77.45% | $15.01B | -2.88% | 0.41% |
| PDFS | 76.83% | $1.17B | -2.56% | 0.00% |
| MCHP | 76.30% | $34.84B | -21.37% | 2.78% |
| LFUS | 76.04% | $5.90B | +1.26% | 1.12% |
| NXPI | 75.74% | $55.89B | +9.71% | 1.85% |
| ADI | 75.06% | $104.48B | +16.10% | 1.73% |
| SLAB | 74.82% | $3.19B | -2.58% | 0.00% |
| TER | 74.39% | $16.74B | +12.03% | 0.46% |
| SYNA | 73.65% | $2.91B | -29.84% | 0.00% |
| COHU | 73.55% | $1.18B | -22.38% | 0.00% |
| POWI | 73.45% | $3.44B | -21.30% | 1.33% |
| KLIC | 73.45% | $2.46B | -8.18% | 1.75% |
| PLAB | 73.44% | $1.52B | +12.34% | 0.00% |
| DIOD | 73.44% | $2.53B | -20.36% | 0.00% |
| VSH | 73.20% | $2.07B | -31.61% | 2.64% |
| APH | 73.12% | $85.57B | +58.31% | 1.00% |
| VECO | 72.94% | $1.48B | -9.94% | 0.00% |
| TXN | 72.93% | $183.42B | +31.05% | 2.64% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| PULM | 0.03% | $19.83M | +202.98% | 0.00% |
| T | -0.13% | $163.09B | +40.40% | 4.87% |
| IMNN | -0.18% | $10.02M | -22.89% | 0.00% |
| SJM | 0.19% | $11.91B | -0.25% | 3.82% |
| CYD | -0.25% | $364.46M | -2.94% | 4.26% |
| PEP | -0.48% | $215.02B | -6.60% | 3.35% |
| CYCN | 0.57% | $4.77M | -16.19% | 0.00% |
| STG | -0.81% | $35.67M | +7.92% | 0.00% |
| MNOV | 0.87% | $93.19M | +2.15% | 0.00% |
| QXO | 1.08% | $6.51B | -35.95% | 0.00% |
| JNJ | 1.20% | $368.37B | +1.24% | 3.18% |
| UUU | -1.26% | $4.97M | -41.89% | 0.00% |
| CAG | 1.56% | $12.64B | -6.10% | 5.26% |
| ALL | -1.81% | $52.06B | +45.67% | 1.85% |
| VSTA | 1.90% | $204.94M | -39.33% | 0.00% |
| NHTC | -2.07% | $61.83M | +0.19% | 14.81% |
| WRB | 2.07% | $22.94B | +29.98% | 0.69% |
| PRPH | 2.08% | $18.14M | -82.61% | 0.00% |
| AJG | 2.23% | $64.17B | +17.51% | 0.80% |
| BEST | 2.38% | $31.65M | +3.88% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CBOE | -31.36% | $21.46B | +15.84% | 1.11% |
| MCK | -21.82% | $78.15B | +35.51% | 0.42% |
| PGR | -16.62% | $149.10B | +57.29% | 0.45% |
| GIS | -15.23% | $34.85B | -2.91% | 3.78% |
| HUSA | -13.93% | $16.69M | -11.56% | 0.00% |
| CPB | -13.54% | $12.96B | +7.08% | 3.40% |
| CHD | -12.73% | $27.18B | +19.50% | 1.03% |
| COR | -12.68% | $47.48B | +21.20% | 0.86% |
| PG | -9.79% | $402.15B | +14.14% | 2.33% |
| LMT | -9.19% | $126.40B | +18.99% | 2.36% |
| PRPO | -8.76% | $9.10M | -13.65% | 0.00% |
| MNR | -8.66% | $1.66B | -10.71% | 15.90% |
| CME | -7.94% | $82.76B | +9.21% | 1.98% |
| ACGL | -7.22% | $36.00B | +16.84% | 0.00% |
| NOC | -6.77% | $71.54B | +4.23% | 1.60% |
| QTTB | -6.61% | $354.34M | +188.64% | 0.00% |
| CL | -5.65% | $76.48B | +22.25% | 2.12% |
| K | -5.59% | $27.77B | +52.50% | 2.79% |
| LTM | -4.41% | $8.51B | -100.00% | <0.01% |
| CAH | -4.39% | $28.64B | +12.14% | 1.70% |
ETF's related to SPHB
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| BTAL | -77.61% | $388.04M | 1.43% |
| VIXY | -60.94% | $195.31M | 0.85% |
| TAIL | -48.43% | $67.98M | 0.59% |
| USDU | -33.77% | $201.97M | 0.5% |
| UUP | -29.32% | $309.25M | 0.77% |
| CTA | -12.84% | $350.27M | 0.78% |
| CLOI | -10.96% | $715.40M | 0.4% |
| JUCY | -6.11% | $324.29M | 0.6% |
| XBIL | -5.05% | $637.70M | 0.15% |
| WEAT | -3.60% | $120.27M | 0.28% |
| KMLM | -3.20% | $353.87M | 0.9% |
| BILZ | -3.16% | $563.02M | 0.14% |
| CORN | -2.16% | $61.12M | 0.2% |
| CCOR | -2.02% | $109.04M | 1.18% |
| TBIL | -0.82% | $4.38B | 0.15% |
| XHLF | -0.67% | $874.27M | 0.03% |
| SHYD | 0.23% | $311.50M | 0.35% |
| MINT | 0.76% | $11.62B | 0.35% |
| HDRO | 1.00% | $164.26M | 0.3% |
| AGZD | 1.38% | $142.76M | 0.23% |
News
SeekingAlpha
Despite some vulnerabilities, the US economy shows resilience with positive GDP growth, controlled inflation, and low unemployment. Read more here.
SeekingAlpha
The S&P 500's 5-month run of gains came to an end in October, as the month closed on a down note.
SeekingAlpha
Momentum and large-cap growth factors continue to outperform, based on a set of ETFs through the close on Oct. 29. All three flavors of small caps (growth, core and value) are in last place.
SeekingAlpha
Markets may misprice assets, but trends matter. Learn more about SPX's outlook and how a resilient economy could drive stock performance.
SeekingAlpha
S&P 500 is historically expensive, with high PE and price-to-sales ratios, suggesting lower future returns for index fund investors. Click here to read more.
SeekingAlpha
SPHB ETF targets volatile S&P 500 stocks for short-term outperformance but higher risk. Currently, in a bull market, SPHB is not recommended. See more here.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.