SPLVInvesco S&P 500 Low Volatility ETF
SPLV Fund Description
The Invesco S&P 500 Low Volatility ETF tracks a volatility-weighted index of the 100 least-volatile stocks in the S&P 500.
SPLV Factset Analytics Insight
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. SPLV does not consider correlation among stocks, so it produces a basket of low-vol 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 our neutral benchmark. While it doesn't look much like the broad US large-cap market, SPLV fulfills its low-volatility mandate.
SPLV earns a spot on our Opportunities list for the alternative exposure described above, combined with reasonable holding costs, strong liquidity and hefty AUM.
SPLV MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 18, 2018 the Invesco S&P 500 Low Volatility ETF MSCI ESG Fund Quality Score is 5.42 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. SPLV ranks in the 79th percentile within its peer group and in the 49th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
SPLV CHARTS AND PERFORMANCE
SPLV Top 10 Countries
SPLV Top 10 Sectors
SPLV Top 10 Holdings [View All]
SPLV Summary Data
SPLV Portfolio Data
SPLV Index Data
SPLV Portfolio Management
SPLV Tax Exposures
SPLV Fund Structure
SPLV Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of SPLV. SPLV is rated a 5 out of 5.
SPLV Sector/Industry Breakdown
SPLV TOP 10 HOLDINGS[View All]
SPLV Economic Development
SPLV Performance Statistics
SPLV MSCI ESG Ratings
SPLV BENCHMARK COMPARISON SUMMARY
SPLV BENCHMARK COMPARISON MARKET CAP SIZE