As the S&P 500 nears a new record high, there are signs of weakness below the surface
Published . Updated .
About 60% of the stocks in the S&P 500 are down more than 20% from their all-time highs.
Directly affected
- No company is named in this report.
Indirectly affected
- SPHB INVESCO S&P 500 HIGH BETA ETF
GA selected SPHB as a RELATED security because its canonical security name directly matches this event's themes: high. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- AOHY ANGEL OAK HIGH YIELD OPPORTUNITIES ETF
GA selected AOHY as a RELATED security because its canonical security name directly matches this event's themes: high. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- BKHY BNY MELLON HIGH YIELD ETF
GA selected BKHY as a RELATED security because its canonical security name directly matches this event's themes: high. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- ERH Wells Fargo Advantage Utilities and High Income Fund
GA selected ERH as a RELATED security because its canonical security name directly matches this event's themes: high. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- FSYD FIDELITY SUSTAINABLE HIGH YIELD ETF
GA selected FSYD as a RELATED security because its canonical security name directly matches this event's themes: high. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- FTMH Franklin Municipal High Yield - ETF
GA selected FTMH as a RELATED security because its canonical security name directly matches this event's themes: high. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
Price reaction, T-5 to T+3
The price since 21 Sep 2026: Invesco S&P 500 High Beta Etf (SPHB) versus the S&P 500
Since the first closing price after “As the S&P 500 nears a new record high, there are signs of weakness below the surface,” Invesco S&P 500 High Beta Etf (SPHB) is -8.33%. The S&P 500 fund (SPY) is -0.88% over the same days, a -7.45% difference versus the market.
Who gains and who loses around Invesco S&P 500 High Beta Etf (SPHB)
Companies mentioned with this story
- SPHB Invesco S&P 500 High Beta Etf
Invesco S&P 500 High Beta Etf (SPHB) is linked, with no stored direction, medium confidence in the 21 Sep 2026 story “As the S&P 500 nears a new record high, there are signs of weakness below the surface.” Reason on file: GA selected SPHB as a RELATED security because its canonical security name directly matches this event's themes: high. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- AOHY Angel Oak High Yield Opportunities Etf
In “As the S&P 500 nears a new record high, there are signs of weakness below the surface,” Angel Oak High Yield Opportunities Etf (AOHY) is linked, with no stored direction, medium confidence. Reason on file: GA selected AOHY as a RELATED security because its canonical security name directly matches this event's themes: high. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- BKHY Bny Mellon High Yield Etf
In “As the S&P 500 nears a new record high, there are signs of weakness below the surface,” Bny Mellon High Yield Etf (BKHY) is linked, with no stored direction, medium confidence. Reason on file: GA selected BKHY as a RELATED security because its canonical security name directly matches this event's themes: high. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- ERH Allspring Utilities & High Income Fund
In “As the S&P 500 nears a new record high, there are signs of weakness below the surface,” Allspring Utilities & High Income Fund (ERH) is linked, with no stored direction, medium confidence. Reason on file: GA selected ERH as a RELATED security because its canonical security name directly matches this event's themes: high. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- FSYD Fidelity Sustainable High Yield Etf
In “As the S&P 500 nears a new record high, there are signs of weakness below the surface,” Fidelity Sustainable High Yield Etf (FSYD) is linked, with no stored direction, medium confidence. Reason on file: GA selected FSYD as a RELATED security because its canonical security name directly matches this event's themes: high. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- FTMH Franklin Municipal High Yield - ETF
Franklin Municipal High Yield - ETF (FTMH) is linked, with no stored direction, medium confidence in the 21 Sep 2026 story “As the S&P 500 nears a new record high, there are signs of weakness below the surface.” Reason on file: GA selected FTMH as a RELATED security because its canonical security name directly matches this event's themes: high. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Invesco S&P 500 High Beta Etf (SPHB)
“As the S&P 500 nears a new record high, there are signs of weakness below the surface” (21 Sep 2026) reaches Invesco S&P 500 High Beta Etf (SPHB) through this story.
For Invesco S&P 500 High Beta Etf (SPHB), the reason on file says GA selected SPHB as a RELATED security because its canonical security name directly matches this event's themes: high. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
A second company, Angel Oak High Yield Opportunities Etf (AOHY), is listed for a different reason: GA selected AOHY as a RELATED security because its canonical security name directly matches this event's themes: high. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
The price range for Invesco S&P 500 High Beta Etf (SPHB), and the dates in the story
AOHY traded between 10.64 and 10.95 across 20 sessions. The latest close on file is 10.71. BKHY traded between 45.34 and 46.77 across 20 sessions. The latest close on file is 45.60. SPHB traded between 138.69 and 157.54 across 20 sessions. The latest close on file is 140.56.
What the saved facts support for Invesco S&P 500 High Beta Etf (SPHB)
100 out of 100
“As the S&P 500 nears a new record high, there are signs of weakness below the surface” scores 100 out of 100. The score uses 6 linked companies.