SPHB: High-Beta Exposure Within The S&P 500

Konstantinos Kosmidis1.1K FollowersFollow5ShareSavePlay(8min)CommentsSummaryThe Invesco S&P 500 High Beta ETF offers exposure to the 100 highest-beta stocks in the S&P 500.It reduces single-name concentration risk compared to market-cap-weighted S&P 500 ETFs, with its top 10 holdings comprising only 14% of the portfolio.Both long-term investors and traders should carefully understand the past performance and consider the risks involved. vadishzainer/iStock via Getty Images The Invesco S&P 500 High Beta ETF (SPHB), launched on 05/05/2011 and managed by Invesco Capital Management LLC, provides exposure to high-beta stocks within the S&P 500 index. It manages ~$600 million and charges an expense ratioThis article was written byKonstantinos Kosmidis1.1K FollowersFollowI began learning about markets and investing when I was 19 years old. My investing is informed by macro insights, fundamentals, and technical indicators. I have mostly written about ETFs, REITs, and Banks on Seeking Alpha. Currently, I am mostly interested in micro/small-cap stock opportunities and I expect to share many related ideas this year.When I'm neither working on my next article nor hunting for opportunities, I either run, swim, or lift weights.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.