Key stats
About Invesco S&P 500 Low Volatility ETF
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Inception date
May 5, 2011
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
SPLV offers a straightforward low-volatility take on the S&P 500. It selects about 100 S&P 500 stocks with the lowest daily volatility over the past year. Least volatile stocks receive the highest weight in the portfolio. SPLV does not consider correlation among stocks, so it produces a basket of low-volatility stocks, not a minimum volatility portfolio, in contrast with iShares' USMV. The largely unconstrained fund makes sizable sector bets at times, which can change dramatically over successive quarterly rebalances. Volatility-based selection and weighting typically drive SPLV's market-cap and beta lower than its neutral benchmark.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Utilities
Consumer Non-Durables
Stocks99.97%
Finance23.18%
Utilities17.12%
Consumer Non-Durables10.82%
Technology Services8.56%
Electronic Technology7.70%
Health Technology6.69%
Process Industries4.62%
Retail Trade3.60%
Producer Manufacturing2.94%
Consumer Services2.86%
Industrial Services2.15%
Distribution Services2.04%
Commercial Services2.01%
Energy Minerals1.96%
Communications1.93%
Transportation1.78%
Bonds, Cash & Other0.03%
Mutual fund0.02%
Cash0.00%
Stock breakdown by region
North America94.06%
Europe5.94%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history