INVESCO EXCHANGE TRADED FD TR IIINVESCO EXCHANGE TRADED FD TR IIINVESCO EXCHANGE TRADED FD TR II

INVESCO EXCHANGE TRADED FD TR II

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Key stats


Assets under management (AUM)
‪389.10 M‬USD
Fund flows (1Y)
‪−257.72 M‬USD
Dividend yield (indicated)
0.68%
Discount/Premium to NAV
2.1%
Shares outstanding
‪4.45 M‬
Expense ratio
0.25%

About INVESCO EXCHANGE TRADED FD TR II


Brand
Invesco
Home page
Inception date
May 5, 2011
Structure
Open-Ended Fund
Index tracked
S&P 500 High Beta Index
Management style
Passive
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


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Technical
Geography
U.S.
Weighting scheme
Beta
Selection criteria
Beta
What's in the fund
Exposure type
Stocks
Electronic Technology
Finance
Stock breakdown by region
97%2%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to SPHB via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SPHB trades at 89.30 USD today, its price has risen 6.25% in the past 24 hours. Track more dynamics on SPHB price chart.
SPHB net asset value is 87.41 today — it's risen 23.61% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SPHB assets under management is ‪389.10 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SPHB price has risen by 6.25% over the last month, and its yearly performance shows a 10.17% increase. See more dynamics on SPHB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 23.61% over the last month, showed a −6.96% decrease in three-month performance and has increased by 3.06% in a year.
SPHB fund flows account for ‪−943.34 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SPHB invests in stocks. See more details in our Analysis section.
SPHB expense ratio is 0.25%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, SPHB isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SPHB technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SPHB shows the strong buy signal. See more of SPHB technicals for a more comprehensive analysis.
Yes, SPHB pays dividends to its holders with the dividend yield of 0.68%.
SPHB trades at a premium (2.13%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SPHB shares are issued by Invesco Ltd.
SPHB follows the S&P 500 High Beta Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 5, 2011.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.