SPLV
Invesco S&P 500® Low Volatility ETF

Price: $64.23
Change: $0.28 (0.0%)
Last Updated:

Vitals

Issuer Invesco
Brand Invesco
Structure ETF
Expense Ratio 0.25%
ETF Home Page Home page
Inception May 05, 2011

Analyst Report

This ETF tracks an index consisting of some of America’s largest companies. As a result, investors should think of this as a play on mega and large cap stocks in the American market. These securities are usually known as ‘Blue Chips’ and are some of the most famous and profitable companies in the country, including well known names such as ExxonMobil, Apple, IBM, and GE. The fund is probably one of the safest in the equity world as the companies on this list are very unlikely to go under unless there is an apocalyptic event in the economy. However, these securities are unlikely to grow very much either as they are already pretty large and have probably seen their quickest growing days in years past, but most do pay out solid dividends which should help to ease the pain of this realization. Thanks to this, the fund could be a better choice for those looking for more stability in their portfolio without such big daily moves. Additionally, it should be noted that this fund will likely outperform in a bear market and underperform broad markets in a bull market, making it a way to bet on the economic growth prospects of the country as well. However, the fund does charge a rather high expense ratio so it may not be appropriate for buy and holders, but the cost is far less than other volatility focused funds such as LVOL. For investors seeking lower volatility securities believing the economy to be poised for a bear market, this product could be a quality choice.

ETF Database Themes

Asset Class Equity
Asset Class Size Large-Cap
Asset Class Style Blend
Region (General) North America
Region (Specific) U.S.

FactSet Classifications

Segment Equity: U.S. - Large Cap
Category Size and Style
Focus Large Cap
Niche Broad-based
Strategy Low Volatility
Weighting Scheme Volatility

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $55.78
  • 52 Week Hi $68.93
  • AUM $10,467.7 M
  • Shares 163.7 M

Historical Trading Data

  • 1 Month Avg. Volume 2,064,950
  • 3 Month Avg. Volume 2,863,250

Alternative ETFs in the ETF Database Volatility Hedged Equity Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest LGLV 0.12% $640.8 M 20,076 -6.29%
Largest (AUM) SPHD 0.30% $3.9 B 1 M 2.78%
Most Liquid (Volume) SPHD 0.30% $3.9 B 1 M 2.78%
Top YTD Performer LVHI 0.40% $216.2 M 100,561 5.23%

Alternative ETFs in the FactSet Equity: U.S. - Large Cap Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest BKLC 0.00% $451.7 M 21,439 -16.49%
Largest (AUM) SPY 0.09% $379.4 B 90 M -14.29%
Most Liquid (Volume) SPY 0.09% $379.4 B 90 M -14.29%
Top YTD Performer EQRR 0.35% $76.1 M 11,233 8.98%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

SPLV ETF Database Category Average FactSet Segment Average
Number of Holdings 102 56 146
% of Assets in Top 10 11.59% 76.89% 52.80%
% of Assets in Top 15 17.06% 79.24% 57.42%
% of Assets in Top 50 53.44% 88.14% 75.10%

Size Comparison

SPLV ETF Database Category Average FactSet Segment Average
Large (>12.9B) 94.16% 16.48% 49.44%
Mid (>2.7B) 5.67% 5.70% 4.48%
Small (>600M) 0.00% 2.75% 0.11%
Micro (<600M) 0.00% 0.31% 0.00%

SPLV Valuation

This section compares the P/E ratio of this ETF to its peers.

SPLV
P/E Ratio
20.88
ETF Database Category Average
P/E Ratio
17.65
FactSet Segment Average
P/E Ratio
19.01

SPLV Dividend

This section compares the dividend yield of this ETF to its peers.

SPLV ETF Database Category Average FactSet Segment Average
Dividend $ 0.09 $ 0.05 $ 0.15
Dividend Date 2021-10-18 N/A N/A
Annual Dividend Rate $ 0.98 $ 0.20 $ 0.50
Annual Dividend Yield 1.53% 0.45% 0.76%

SPLV Price and Volume Charts

View charts featuring SPLV price and volume data.

SPLV Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: -577.15 M 1 Month Net Flows: -21.78 M 3 Month Net Flows: -899.59 M 6 Month Net Flows: 425.25 M 1 Year Net Flows: 2.43 B 3 Year Net Flows: -2.05 B 5 Year Net Flows: 1.31 B 10 Year Net Flows: 2.86 B

SPLV Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.