SPHB
Invesco S&P 500 High Beta ETF
The Invesco S&P 500 High Beta Portolio seeks investment results that correspond (before fees and expenses) generally to the price and yield of the S&P 500 High Beta Index.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
272.1 M
ASSETS UNDER MGMT
25 bp
EXPENSES
Fund Basics
Fund sponsor | Invesco |
Category | US |
Asset class | Equity |
Website | link... |
Inception date | May 05, 2011 |
Assets (mns) | $272 |
Expense ratio | 25 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Quarterly |
Taxation | 1099 |
Stock selection | Beta |
Weighting | Beta |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | Yes |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
Complete list +
SUPER MICRO COMPUTER, INC. | 2.0 % |
NVIDIA CORP | 1.7 % |
MONOLITHIC POWER SYSTEMS INC | 1.6 % |
MICRON TECHNOLOGY INC | 1.6 % |
TERADYNE INC | 1.5 % |
BROADCOM INC. | 1.5 % |
LAM RESEARCH CORP | 1.5 % |
KLA CORPORATION | 1.4 % |
ADVANCED MICRO DEVICES | 1.4 % |
TESLA MOTORS INC | 1.3 % |
Constituent Breakdown
Number of holdings | 100 |
Herfindahl-Hirschman Index | 124 |
Wgt avg mkt cap (mns) | $183,768 |
Large cap (>$10bn) | 88.3% |
Mid cap ($2-10bn) | 8.4% |
Small cap (<$2bn) | 3.3% |
Developed mkts. | 100.0% |
Emerging mkts. | 0.0% |
Country Exposure
UNITED STATES | 90.3 % | |
IRELAND | 3.3 % | |
NETHERLANDS | 1.2 % |
Historical Performance
Standardized Performance (as of 02/28/2025)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
---|---|---|---|---|---|---|---|
Total Returns | -2.0% | 3.7% | 11.7% | 5.5% | 17.9% | 11.0% | 11.0% | Volatility | 24.4% | 21.8% | 21.2% | 27.3% | 33.4% | 27.9% | -- |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 1.44 | 83% |
MSCI EAFE | 1.26 | 65% |
MSCI Emg Mkts | 1.05 | 45% |
Liquidity Measures
Avg. volume (000) | 331 |
Turnover | 9.6% |
Avg. Bid/Ask (% of price) | 0.02% |
ADV of underlying (mns) | $127,229 |
Technical Indicators
Recent close | $79.15 |
30d moving avg. | $89.99 |
Annualized volatility | 27.1% |
Relative strength (RSI) | 39 |
Short interest (ETF) | 6.1% |
Short interest (underlying) | 3.2% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. SPHB |
Expenses vs. SPHB |
ALTAR Score™ vs. SPHB |
---|---|---|---|---|
RSPT | Invesco S&P 500 Equal Weight Technology ETF | 47.1% | +15 bp | +1.0% |
RPG | Invesco S&P 500 Pure Growth ETF | 32.5% | +10 bp | -3.6% |
XLK | Technology Select Sector SPDR Fund | 31.1% | -17 bp | +0.3% |
QTEC | First Trust NASDAQ-100 Technology Sector Index Fund | 29.9% | +32 bp | -0.9% |
IGM | iShares Expanded Tech Sector ETF | 28.3% | +16 bp | -0.6% |
ROE | Astoria US Quality Kings ETF | 28.1% | +24 bp | +2.3% |
QQQE | Direxion NASDAQ-100 Equal Weighted Index Shares | 28.0% | +10 bp | -0.6% |
SZNE | Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF | 27.7% | +35 bp | +0.7% |
QQEW | First Trust Nasdaq-100 Equal Weighted Index Fund | 27.4% | +33 bp | -0.8% |
JMOM | JPMorgan U.S. Momentum Factor ETF | 27.0% | -13 bp | -0.7% |
Risk and Returns: SPHB vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
Price-to-sales | --x | --x | --x | --x |
Price-to-earnings | --x | --x | --x | --x |
Price-to-cash flow | --x | --x | --x | --x |
Price-to-growth | --x | --x | --x | --x |
Price-to-book value | --x | --x | --x | --x |
Yield | --% | --% | --x | --% |
Based on closing prices from 3/10/2025
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
SPHB
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
SPHB
5.5%
Cat. Avg
5.9%
ALTAR Score™ Calculation
Category Overview
There are 947 funds in the US Equity category, with an average ALTAR Score™
of 5.9% and a standard deviation of
2.7%. SPHB's ALTAR Score™ is approximately
0.1 standard deviations
below
the category average. This places SPHB in the 44th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
SPHBSELL
U/W
HOLD
O/W
BUY
Expense Analysis
Peer Group | Rules-Based US Equity ETFs |
# of ETFs | 609 |
Avg. Expense Ratio | 46.6 bp |
Std. Deviation | 32.9 bp |
SPHB (25 bp) Percentile rank | 26 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
SPHB | 25.0 | 1.8 | 26.8 |
Peer Avg. | 36.9 | 15.4 | 52.2 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .