INVESCO POWERSHARES SP 500 HIGH BETA PO: (AMEX: SPHB)
May 22 03:59 PM ET
BENCHMARK for SPHB
SP 500 HIGH BETA
The S&P 500 High Beta Index 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 as determined by Standard & Poors, the Index Provider. Beta is a measure of how closely correlated a stocks returns are to that of the market, which for the Index includes all of the stocks included in the S&P 500 Index.
FUND SUMMARY FOR SPHB
INVESCO POWERSHARES SP 500 HIGH BETA PO
It is based on the S&P 500 High Beta Index. It invests at least 90% of its assets in stocks comprising the Index. The Index is compiled, maintained & calculated by Standard & Poor's & consists of 100 stocks from the S&P 500 Index with the highest sensitivity to market movements, or beta, over the past 12 months.
Zacks ETF Rank : SPHB
Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.
Zacks Commentary For SPHB
Jun, 27 2012