SPMV

Invesco S&P 500 Minimum Variance ETF
B

76
*Unless otherwise stated, data provided by FactSet.

SPMV Fund Description

SPMV tracks an index of stocks selected from the S&P 500. Holdings are selected and weighted to create a low-volatility portfolio, subject to constraints.

SPMV Factset Analytics Insight

SPMV offers a minimum-volatility portfolio of US large-cap stocks at a low cost. Rather than simply holding a basket of low-vol stocks, the fund’s index uses an optimization algorithm to build a portfolio of stocks that work together to reduce portfolio volatility. The optimizer limits sector and industry tilts, but the guard rails are set fairly wide. The optimizer also constrains exposure to nearly a dozen other fundamental and technical risk factors, which should help the fund avoid surprises. Still, don’t expect SPMV to closely resemble its S&P 500 selection universe. Defensive sectors dominate. Also consider total-market competitor USMV, from iShares.

SPMV MSCI ESG Analytics Insight

Invesco S&P 500 Minimum Variance ETF has an MSCI ESG Fund Rating of A based on a score of 5.89 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

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. Invesco S&P 500 Minimum Variance ETF ranks in the 64th percentile within its peer group and in the 80th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

SPMV MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

SPMV Charts And Performance

Price Chart ($)
Total Return Chart (%)
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Select ETFs to compare their performance:
PERFORMANCE [as of 09/19/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SPMV 3.28% 4.34% 24.58% 8.86% -- -- --
SPMV (NAV) 2.48% 3.90% 24.16% 9.21% -- -- --
S&P 500 Minimum Volatitlity Index 2.49% 4.40% 24.82% 9.88% 12.42% 12.00% --
MSCI USA Large Cap Index 2.93% 3.34% 21.64% 5.87% 14.60% 10.84% 13.24%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SPMV Summary Data

Invesco
07/13/17
Open-Ended Fund
0.10%
$1.54M
$7.29K
0.15%

SPMV Portfolio Data

$162.05B
23.05
3.55
3.50%
09/23/19
113

SPMV Index Data

S&P 500 Minimum Volatitlity Index
Multi-Factor
Multi-Factor
MSCI USA Large Cap Index

SPMV Portfolio Management

0.10%
-0.18%
0.12%
-0.67%

SPMV Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

SPMV Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
High
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

SPMV Factset Analytics Block Liquidity

As of 09/20/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of SPMV. SPMV is rated a 4 out of 5.

SPMV Tradability

208
$7.29K
100
$3.28K
0.15%
$0.04
0.01%
4.99% / -5.63%
None
100.00%
50,000
0.00
0.03%
0.01%
0
$30.83
4

SPMV Sector/Industry Breakdown


SPMV
Segment Benchmark
17.14%
29.02%
15.71%
14.77%
13.99%
13.15%
13.19%
7.74%
12.86%
9.15%
12.85%
14.03%
7.94%
2.64%
3.35%
2.30%
1.57%
2.10%
1.41%
5.11%

SPMV Countries


SPMV
Segment Benchmark
100.00%
100.00%

SPMV Regions


SPMV
Segment Benchmark
100.00%
100.00%

SPMV Economic Development


SPMV
Segment Benchmark
100.00%
100.00%

SPMV Performance Statistics

0.94
0.82
0.80
0.84
0.28%
MSCI USA Large Cap Index

SPMV MSCI ESG Ratings

A
5.89 / 10
80.21
64.37
16.00%
6.25%
311.85

SPMV Benchmark Comparison Holdings

113
298
89
39.03%

SPMV Benchmark Comparison Summary


SPMV
Segment Benchmark
113
298
$162.05B
$268.77B
23.05
21.93
3.55
3.46
2.10%
1.91%
Low
Low

SPMV Benchmark Comparison Market Cap Size


SPMV
Segment Benchmark
94.42%
99.74%
5.47%
0.26%
0.11%
0.00%
0.00%
0.00%