Key stats
About Invesco S&P 500 High Beta ETF
Home page
Inception date
May 5, 2011
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
SPHB is the S&P 500 ETF for extreme market bulls almost akin to a leveraged fund. In selecting constituents for the underlying index, trailing daily price changes over the past 12 months is used to calculate the S&P 500 constituents betas. Such constituents are then ranked in descending order of their betas wherein the top 100 securities finally form the index. Its weighting methodology is also designed so each constituent is set proportional to its beta all these in an attempt to magnify market movements. While SPHB doesn't look much like the broad US large-cap space, it fulfills its high-beta mandate.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Producer Manufacturing
Finance
Stocks99.99%
Electronic Technology35.00%
Technology Services19.50%
Producer Manufacturing12.86%
Finance10.65%
Consumer Services4.98%
Utilities3.06%
Consumer Non-Durables2.46%
Retail Trade1.89%
Health Technology1.86%
Consumer Durables1.52%
Transportation1.48%
Industrial Services1.30%
Process Industries1.05%
Miscellaneous0.84%
Non-Energy Minerals0.79%
Commercial Services0.75%
Bonds, Cash & Other0.01%
Mutual fund0.01%
Cash−0.00%
Stock breakdown by region
North America95.99%
Europe4.01%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history