High Beta Index

High Beta Index

An index of highly volatile stocks. A stock's beta is a measure of its volatility compared to the wider market; as a result, a high beta index consists only of volatile stocks. An investment that tracks a high beta index is considered risky.
References in periodicals archive ?
Composite Dividend Index and the S&P/TSX High Beta Index.
23, 2012 /PRNewswire/ -- S&P Indices today extended the range of its High Beta family of indices with the launch of the S&P BMI International Developed High Beta Index and the S&P BMI Emerging Markets High Beta Index.
The Indices, which use the same methodology as the widely followed S&P 500 High Beta Index, have been licensed to Invesco PowerShares which is anticipating launching ETFs based on them.
The S&P BMI International Developed High Beta Index is comprised of the 200 most market-sensitive constituents within the S&P Developed Ex-US-Korea LargeMidCap Index.
The S&P 500 High Beta Index will measure the performance of the 100 constituents of the S&P 500 that are the most sensitive to changes in market returns.
Both the S&P 500 Low Volatility Index and the S&P 500 High Beta Index will serve as the basis for future PowerShares ETFs.
Both the S&P 500 Low Volatility Index and the S&P 500 High Beta Index are additions to a growing family of S&P alternatively weighted indices.