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Bullish Case: SPHD's attractive dividends and recent resilience in a subdued market underscore its appeal as a stable income-investing vehicle amidst volatility.


Bearish Case: Given SPHD's stagnant short-term performance and potential shifts in investor preferences towards growth, a prolonged period of underperformance is possible.


Potential Outcomes:

1. Market stability increases, dividends attract more investors (35%).

2. Transition to growth stocks, reducing demand for SPHD (40%).

3. Sustained sideways movement as market balances sectors (25%).


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April 11, 2024


Invesco S&P 500 High Dividend Low Vol Forecast

SPHD        Invesco S&P 500 High Dividend Low Vol
Price Forecast: NEUTRAL    Price Action: RANDOM (?)










Correlated Stock Forecasts

Assets that tend to move strongly with SPHD



SPYD Forecast + Options Trading Strategies   SPYD  SPDR Series Trust - SPDR Portfolio S&P 500 High Dividend (0.98)


CM Forecast + Options Trading Strategies   CM  Canadian Imperial Bank Of Commerce (0.92)


RSP Forecast + Options Trading Strategies   RSP  Invesco S&P 500 Equal Weight (0.92)


XLB Forecast + Options Trading Strategies   XLB  Active Trust - Materials Select Sector SPDR (0.92)


HBM Forecast + Options Trading Strategies   HBM  Hudbay Minerals (0.92)



Uncorrelated Stock Forecasts

Assets with little price relationship to SPHD



AMBA Forecast + Options Trading Strategies   AMBA  Ambarella (-0.0)


KDP Forecast + Options Trading Strategies   KDP  Keurig Dr Pepper (0.0)


MRO Forecast + Options Trading Strategies   MRO  Marathon Oil (0.01)


OIH Forecast + Options Trading Strategies   OIH  VanEck Vectors Oil Services (-0.01)


IGV Forecast + Options Trading Strategies   IGV  BlackRock Institutional Trust Company N.A. - iShares Expanded Tech-Software Sector (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against SPHD



TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.89)


SRS Forecast + Options Trading Strategies   SRS  ProShares UltraShort Real Estate (-0.9)


DRV Forecast + Options Trading Strategies   DRV  Direxion Daily Real Estate Bear 3X Shares (-0.9)


REK Forecast + Options Trading Strategies   REK  ProShares Short Real Estate (-0.9)


RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-0.9)





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