Invesco S&P 500 High Beta ETFSPHB
SPHB
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
236% more call options, than puts
Call options by funds: $4.05M | Put options by funds: $1.2M
4.53% less ownership
Funds ownership: 67.41% [Q2] → 62.88% (-4.53%) [Q3]
18% less funds holding
Funds holding: 125 [Q2] → 103 (-22) [Q3]
46% less capital invested
Capital invested by funds: $403M [Q2] → $216M (-$187M) [Q3]
60% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 55
76% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 29
Research analyst outlook
We haven’t received any recent analyst ratings for SPHB.
Financial journalist opinion
Neutral
Seeking Alpha
2 months ago
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, and it rebalances quarterly. SPHB rebounds faster post-market corrections but lags the S&P 500 in long-term returns due to its high beta stock selection.
Positive
Zacks Investment Research
4 months ago
Time for Momentum ETFs?
On Monday, U.S. stocks closed at session highs, continuing their rally from last week's strong performance.
Positive
Zacks Investment Research
4 months ago
Momentum ETFs to Play as Wall Street Rallies?
Stocks surged higher on Thursday as retail sales showed gains and Fed cues of interest rate cuts.
Positive
Seeking Alpha
4 months ago
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 circumstances. Right now, investing in this fund is too risky, but it can have its use when the market is in recovery, so familiarizing yourself with it is a good idea.
Negative
Seeking Alpha
7 months ago
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 strategy has failed to bring excess return in a bull market, and it is unlikely to succeed over a complete market cycle.
Positive
Zacks Investment Research
10 months ago
S&P 500 Nears 5,000: Bet on High-Beta ETFs
The S&P 500 is on the verge of reaching the 5,000 milestone mark for the first time ever. High-beta ETFs seem a perfect bet at present to make huge profits amid the bullish backdrop.
Neutral
Seeking Alpha
10 months ago
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 Technology sector. The chart for the SPHB ETF shows possible problems for the bulls, with resistance at previous all-time highs and potential for a pullback.
Positive
Zacks Investment Research
1 year ago
Bet on High Beta & Momentum ETFs to Cash In On Santa Rally
High-beta and high-momentum products are expected to outperform during Santa Claus rally and are intriguing choices for a short spell.
Negative
Seeking Alpha
1 year ago
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 market over the last ten years, SPHB has lagged behind SPY by 30% while featuring, as expected, much higher volatility. Higher risk did not equal higher rewards. One likely reason is poor quality. I calculated a 8.26/10 profit score for SPHB, well behind SPY's 9.43/10 score, and backed by significant differences in ROTC and ROE margins.
Negative
Seeking Alpha
1 year ago
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-adjusted basis, but its exposure to mid-cap and small cap companies has been a key driver. SPHB has underperformed a blend of large cap, mid-cap, and small cap companies on a risk adjusted basis since inception.
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