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ETFs

Invesco S&P 500 High Beta ETF

SPHB
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
May 5, 2011
Expense Ratio
0.25%
Type
US Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$24,512,046
AUM
$526,964,432
Associated Index
S&P 500 High Beta Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

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Invest with SPHB
Trade SPHB Options

What is SPHB?

The Invesco S&P 500 High Beta ETF (Fund) is based on the S&P 500 High Beta Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poors and consists of the 100 stocks from the S&P 500 Index with the highest sensitivity to market movements, or beta, over the past 12 months. Beta is a measure of relative risk and is the rate of change of a securitys price. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

SPHB
Performance Measures**

for the time period May 5, 2011 to Dec 4, 2025

Returns

1M Trailing Return: 4.4%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 11.3%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -46.8%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 27.4%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.57

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.27

The annualized return divided by the max drawdown for the selected time period.

ETFs related toSPHB

ETFs correlated to SPHB include HIBL, IWP, QQQE

SPHB
Invesco Capital Management LLC - Invesco S&P 500 High Beta ETF
HIBL
Direxion Shares ETF Trust - Direxion Daily S&P 500 High Beta Bull 3X Shares
IWP
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap Growth ETF
QQQE
Direxion Shares ETF Trust - Direxion NASDAQ-100 Equal Weighted Index Shares
QQEW
First Trust Exchange-Traded Fund III - First Trust NASDAQ-100 Equal Weighted Index Fund
VOT
Vanguard Group, Inc. - Vanguard Mid-Cap Growth ETF
QQQJ
Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ Next Gen 100 ETF
XT
BlackRock Institutional Trust Company N.A. - iShares Exponential Technologies ETF
MOAT
VanEck ETF Trust - VanEck Morningstar Wide Moat ETF
IMCG
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap Growth ETF
FXL
First Trust Exchange-Traded Fund III - First Trust Technology AlphaDEX Fund

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toSPHB

Wooden ARKK Machine 2.2a

Category

Tactical, mean-reversion, momentum filter, leveraged/inverse ETFs, single-position, daily, risk-managed, multi-asset

OOS Cumulative Return

584.43%

Wooden ARKK Machine 2.2

Category

Leveraged ETFs, Mean reversion, Regime filter, Daily rebalance, Single-position, Inverse ETFs

OOS Cumulative Return

561.07%

Create your own algorithmic trading strategy with SPHB using Composer

FAQ

SPHB is a US Equities ETF. The Invesco S&P 500 High Beta ETF (Fund) is based on the S&P 500 High Beta Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poors and consists of the 100 stocks from the S&P 500 Index with the highest sensitivity to market movements, or beta, over the past 12 months. Beta is a measure of relative risk and is the rate of change of a securitys price. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

SPHB tracks the S&P 500 High Beta Index.

No, SPHB is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, SPHB is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on SPHB is -0.035%. This is the percent change in the value of SPHB over the most recent 1-month period. The 3-month return on SPHB is -0.0395%. This is the percent change in the value of SPHB over the most recent 3-month period.

The standard deviation of SPHB for the past year is 0.2667%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to SPHB include SPHQ, DSI, and QUAL.

ETFs correlated to SPHB include HIBL, IWP, and QQQE.

ETFs that are inversely correlated to SPHB include HIBS, SPXS, and SDS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.