XRLV

Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF
*Unless otherwise stated, data provided by FactSet.

XRLV Fund Description

XRLV tracks an index of large-cap US equities, selected for positive correlation to rising interest rates and for low volatility. Stocks are weighted inversely to volatility.

XRLV Factset Analytics Insight

XRLV is a low-volatility US large-cap ETF tuned for rising rates. Like bonds, dividend-paying stocks can suffer when rates rise. Higher-dividend stocks often find their way into low-vol ETFs since such stocks often exhibit more stable returns. XRLV aims to subdue the possible downside from rising interest rates by removing the 100 names from the S&P 500 that have tended to fare the worst when rates rise (using a 5-year comparison to 10-year Treasurys.) The fund is weighted inversely to volatility. The resulting portfolio doesn’t closely resemble our large-cap benchmark, with numerous sector tilts and a bias toward smaller firms. Daily trading volume in XRLV is modest, but spreads are usually manageable for small investors. Block traders should find decent execution due to the liquid underlying basket of stocks. The fund charges a reasonable fee for the strategy, but it looks quite pricey next to the several dirt-cheap plain-vanilla funds available in the US large-cap space.

XRLV MSCI ESG Analytics Insight

Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.49 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 ex-Rate Sensitive Low Volatility ETF ranks in the 51st percentile within its peer group and in the 50th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

XRLV 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.

XRLV Charts And Performance

Price Chart ($)
Total Return Chart (%)
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  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
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Select ETFs to compare their performance:
PERFORMANCE [as of 11/20/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
XRLV 2.25% 5.11% 26.05% 18.72% 15.24% -- --
XRLV (NAV) 2.35% 5.15% 25.83% 18.64% 15.18% -- --
S&P 500 Low Volatility Rate Response Index 2.38% 5.23% 26.34% 19.13% 15.55% -- --
MSCI USA Large Cap Index 4.53% 7.78% 26.37% 20.53% 15.30% 11.19% 13.33%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

XRLV Summary Data

Invesco
04/09/15
Open-Ended Fund
0.25%
$166.84M
$601.43K
0.09%

XRLV Portfolio Data

$77.16B
19.94
2.91
1.71%
09/23/19
102

XRLV Index Data

Volatility
Technical
MSCI USA Large Cap Index

XRLV Portfolio Management

0.25%
-0.29%
-0.23%
-0.50%

XRLV Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

XRLV Fund Structure

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

XRLV Factset Analytics Block Liquidity

As of 11/21/19
5
4
3
2
1

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

XRLV Tradability

15,285
$601.43K
8,292
$326.48K
0.09%
$0.04
-0.02%
0.28% / -0.33%
None
100.00%
50,000
0.17
0.02%
0.01%
0
$40.08
5

XRLV Sector/Industry Breakdown


XRLV
Segment Benchmark
34.09%
14.83%
17.03%
9.29%
12.62%
13.09%
10.13%
13.81%
8.44%
7.98%
8.12%
28.73%
3.81%
2.07%
2.74%
4.66%
2.10%
2.51%
0.92%
3.02%

XRLV Countries


XRLV
Segment Benchmark
100.00%
100.00%

XRLV Regions


XRLV
Segment Benchmark
100.00%
100.00%

XRLV Economic Development


XRLV
Segment Benchmark
100.00%
100.00%

XRLV Performance Statistics

0.89
0.81
0.79
0.83
0.31%
MSCI USA Large Cap Index

XRLV MSCI ESG Ratings

BBB
5.49 / 10
50.02
50.65
4.97%
5.44%
177.00

XRLV Benchmark Comparison Holdings

102
297
72
29.07%

XRLV Benchmark Comparison Summary


XRLV
Segment Benchmark
102
297
$77.16B
$269.32B
19.94
21.84
2.91
3.49
2.07%
1.95%
Low
Low

XRLV Benchmark Comparison Market Cap Size


XRLV
Segment Benchmark
84.95%
99.84%
15.05%
0.16%
0.00%
0.00%
0.00%
0.00%