PowerShares S&P 500 High Beta ETF
symbol (SPHB)
investment objective
The PowerShares S&P 500 High Beta ETF is based on the S&P 500 High Beta Index. The index is compiled, maintained and calculated by Standard & Poor's 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 security's price.
why SpHB?
- Exposure to 100 most market sensitive stocks in S&P 500
- Fulfills its high beta mandate nicely at reasonable cost
- Use at the core of your portfolio for aggressive growth
expense ratio - 0.25%
inception date - May 5, 2011
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