SPHB / SPHB: Downgrading To Sell Relative To The S&P 500

Low-beta, steady stocks tend to have better risk-adjusted returns over time compared to high-beta stocks. The Invesco S&P 500 High Beta ETF focuses on more_horizontal

High beta sustained its rally and handily outpaced the S&P 500 in July, underscoring the continued risk-on sentiment in the market. U.S. stocks rallie more_horizontal

The two top-performing factors stood out during the first half for impressive outperformance over the benchmark. The S&P 500 High Beta Index and the S more_horizontal

High beta stocks can provide leverage-like effects on returns, performing well during market upswings and worse during downturns. The Invesco S&P 500 more_horizontal

The Invesco S&P 500 High Beta ETF focuses on the highest beta stocks in the S&P 500 Index and has outperformed the S&P 500 this year. High beta stocks more_horizontal

High beta has been a top-performing factor year to date, with its strong showing continuing into June. The Invesco S&P 500 High Beta ETF (SPHB), whic more_horizontal

High beta was a leader among factor indexes in May, lifted by its heavy tilt toward the information technology sector. Uncertainty weighed heavily on more_horizontal

Defensive strategies lagged while high beta and growth led among factors during the first quarter. What worked best during the first quarter was a sha more_horizontal