Symbols

XSLV

Invesco S&P SmallCap Low Volatility ETF·ARCA

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Key Stats

Assets Under Management

228.23MUSD

Fund Flow (1Y)

-54.46MUSD

Dividend Yield

2.12%

Discount / Premium to NAV

-0.06%

Shares Outstanding

4.87M

Expense Ratio

0.25%

About Invesco S&P SmallCap Low Volatility ETF

Issuer

Invesco Capital Management LLC

Brand

Invesco

Home Page

https://www.invesco.com/us/financial-products/etfs/product-detail?productId=ETF-XSLV#

Inception Date

Feb 15, 2013

Structure

Open-Ended Fund

Index Tracked

S&P SmallCap 600 Low Volatility Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Invesco Capital Management LLC

Distributor

Invesco Distributors, Inc.

XSLV offers a small-cap version of its well-known large-cap sibling fund, SPLV. By targeting low volatility, XSLV takes a different approach to the small-cap US equity space than most of its competitors. To construct its portfolio, the fund starts with the S&P SmallCap 600 (commonly known as the S&P 600) and selects the 120 least volatile securities. It then weights those securities inversely by volatility. That is, lower volatility means higher weighting. XSLV's low-volatility agenda leads the fund to different sector and industry exposure than its vanilla counterparts. The index is rebalanced on a quarterly basis.