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Launched · SEC filings

Invesco S&P 500 High Beta ETF

SPHBNYSE ArcaInvescoC

$134.99−2.51 (−1.83%)

At close: Nov 2, 2026, 4:00 PM ET

C50/ 100

Rank 17 of 30 in US Factor Index

C50/100Rank 17 of 30inUS Factor Index
Intraday session: down, 79 prints from 137.50 to 134.99. Range 134.57 to 139.58. Use the arrow keys to read each point.136.00139.0010 AM12 PM2 PM4 PM
Expense ratio
0.25%
Fund size
$817M
1Y total return
+20.1%
Yield · Last 12 months
0.55%
Holdings
100
Avg volume · 30D
321K sh
52W range
low $103.31high $157.59
Launched
Filings
SEC EDGAR

The ETF.net SPHB Grade

C

Score 50 out of 100

Category
US Factor Index⁠
Rank
17 of 30
Six-pillar profile for SPHB. Scores out of 100: Cost 66, Risk 28, Mission 13, Tradability 81, Holdings 82, Durability 55. Strongest: Holdings (82). Weakest: Mission (13). Leans toward Holdings and Tradability.

Score 50 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B66 out of 100
    Rank 10 of 30

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    F13 out of 100
    Rank 22 of 23

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D28 out of 100
    Rank 26 of 30

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A81 out of 100
    Rank 4 of 30

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A82 out of 100
    Rank 2 of 30

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B55 out of 100
    Rank 16 of 30

Our read on SPHB

ETF.net Research

In short

CThe S&P 500 with the volume knob turned up. SPHB holds about 100 of the index's most market-sensitive names, amplifying the market's swings in both directions using plain stocks, not leverage.

Stated mandate

The Fund is based on the S&P 500® High Beta Index.

Why people hold it

  • 0.25% a year, below the 0.28% median for US factor ETFs. A specialty tilt priced like a mainstream one.
  • No leverage, no derivatives, no daily reset. Just about 100 S&P 500 stocks picked by a published S&P index rather than a manager's hunch.
  • Live since 2011 and one of the easier funds in its factor group to trade, so moving in and out tends to be cheap relative to peers.

Worth knowing

  • High beta cuts both ways. The wiring that magnifies rallies magnifies selloffs, and this ranks among the most volatile funds in its factor peer group.
  • About 100 names, not 500, and the screen keeps whichever stocks are swinging hardest. The sector mix can look very different from one stretch to the next.
  • Distributions land quarterly, but income is a byproduct of the beta screen, not the design goal.

SPHB Performance

Launched May 5, 2011

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

SPHB$12,015
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. SPHB $12,015. SPY $11,199. Use the arrow keys to read each point.$10,000$12,000$14,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for SPHB. Periods over one year show the average yearly return.
PeriodSPHB
Year to date+18.0%
1 month−8.8%
3 months−1.6%
1 year+20.1%
3 yearsper year+29.8%
5 yearsper year+12.7%
10 yearsper year+17.1%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for SPHB
YearReturn barSPHB
2026 YTD+18.0%
2025+32.9%
2024+8.5%
2023+33.3%
2022−20.6%
2021+40.6%
2020+25.6%

SPHB in the news

SPHB Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
0.55%Last 12 months
Payout per share
$0.76Last 12 months
Last payment
$0.14 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 17, 2017 $0.05; Jun 16, 2017 $0.23; Sep 18, 2017 $0.14; Dec 18, 2017 $0.14; Mar 19, 2018 $0.12; Jun 18, 2018 $0.27; Sep 24, 2018 $0.14; Dec 24, 2018 $0.17; Mar 18, 2019 $0.05; Jun 24, 2019 $0.22; Sep 23, 2019 $0.14; Dec 23, 2019 $0.18; Mar 23, 2020 $0.46; Jun 22, 2020 $0.17; Sep 21, 2020 $0.20; Dec 21, 2020 $0.25; Mar 22, 2021 $0.15; Jun 21, 2021 $0.22; Sep 20, 2021 $0.19; Dec 20, 2021 $0.16; Mar 21, 2022 $0.17; Jun 21, 2022 $0.10; Sep 19, 2022 $0.07; Dec 19, 2022 $0.11; Mar 20, 2023 $0.12; Jun 20, 2023 $0.13; Sep 18, 2023 $0.17; Dec 18, 2023 $0.17; Mar 18, 2024 $0.27; Jun 24, 2024 $0.18; Sep 23, 2024 $0.15; Dec 23, 2024 $0.12; Mar 24, 2025 $0.15; Jun 23, 2025 $0.17; Sep 22, 2025 $0.20; Dec 22, 2025 $0.19; Mar 23, 2026 $0.23; Jun 22, 2026 $0.19; Sep 21, 2026 $0.14. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 21, 2026Sep 25, 2026$0.14
Jun 22, 2026Jun 26, 2026$0.19
Mar 23, 2026Mar 27, 2026$0.23
Dec 22, 2025Dec 26, 2025$0.19
Sep 22, 2025Sep 26, 2025$0.20
Jun 23, 2025Jun 27, 2025$0.17
Mar 24, 2025Mar 28, 2025$0.15
Dec 23, 2024Dec 27, 2024$0.12
Sep 23, 2024Sep 27, 2024$0.15
Jun 24, 2024Jun 28, 2024$0.18
Mar 18, 2024Mar 22, 2024$0.27
Dec 18, 2023Dec 22, 2023$0.17

See all 62 payments⁠

$10,000 in SPHB 10 years ago paid $2,167 in dividends.⁠

SPHB Risk

Risk pillarD28 out of 100Rank 26 of 30 in US Factor Index
How much the fund’s monthly returns vary, scaled to a year.
22.6%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.08
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−31.5%
Trough Oct 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.44
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

SPHB Cost

Compare SPHB and MGV

Overpaying vs MGV, cheapest in US Factor Index

$4,099

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • SPHB 0.25%

    $5,159

  • MGV 0.05% Cheapest

    $1,060

$10,000
30 years

Cost over time

  • SPHB 0.25%
  • MGV 0.05%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K051015202530SPHB $5,159MGV $1,060

Year by year

YearSPHBMGVOverpaying
10$455$92$363
20$1,769$360$1,409
30$5,159$1,060$4,099

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