What is SPLV?

SPLV tracks a volatility-weighted index of the 100 least-volatile stocks in the S&P 500.

PERFORMANCE [as of 03/27/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SPLV -1.64% -5.02% -4.04% -6.02% 11.34% 7.90% 9.47%
SPLV (NAV) -1.65% -5.03% -4.08% -6.03% 11.31% 7.88% 9.47%
S&P 500 Low Volatility -1.64% -4.98% -4.03% -5.81% 11.61% 8.16% 9.76%
MSCI USA Large Cap Index 0.82% 5.42% 5.03% -11.26% 17.72% 11.01% 12.13%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

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. 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.

SPLV Summary Data

Invesco
05/05/11
0.25%
$9.33B
S&P 500 Low Volatility
MSCI USA Large Cap Index
Open-Ended Fund

Peers

MSCI USA Large Cap Index

Fund Flows

-$0.07B 5 Days
-$0.48B 30 Days
-$0.64B 90 Days

SPLV Portfolio Data

$80.12B
20.29
3.23
2.26%
N/A
101

SPLV Index Data

S&P 500 Low Volatility
Volatility
Volatility
MSCI USA Large Cap Index

SPLV Portfolio Management

0.25%
-0.25%
-0.21%
-0.32%

SPLV Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

SPLV Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 03/28/23

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 Tradability

2,929,087
$180.67M
2,241,887
$141.23M
0.02%
$0.01
0.01%
0.08% / -0.06%
None
100.00%
50,000
44.84
0.02%
0.02%
2,118
$60.95
5

SPLV Sector/Industry Breakdown

SPLV Segment
Benchmark
23.44% --
22.70% --
14.78% --
11.25% --
4.72% --
4.67% --
3.85% --
3.80% --
3.69% --
2.30% --

SPLV Performance Statistics

0.65
0.57
0.61
0.61
0.86%
MSCI USA Large Cap Index

SPLV Countries

SPLV Segment
Benchmark
100.00% 99.89%
-- 0.11%

SPLV Regions

SPLV Segment
Benchmark
100.00% 100.00%

SPLV Economic Development

SPLV Segment
Benchmark
100.00% 100.00%
0.00% 0.00%

SPLV Benchmark Comparison Holdings

101
297
66
20.46%

SPLV Benchmark Comparison Summary

SPLV Segment
Benchmark
101 297
$80.12B $504.17B
20.29 20.72
3.23 4.32
2.52% 1.55%
Low Low

SPLV Benchmark Comparison Market Cap Size

SPLV Segment
Benchmark
95.26% 100.00%
4.84% 0.00%
0.00% 0.00%
0.00% 0.00%