Symbols

XSVM

Invesco S&P SmallCap Value with Momentum ETF·ARCA

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Key Stats

Assets Under Management

606.51MUSD

Fund Flows (1Y)

-211.23MUSD

Dividend Yield

2.04%

Discount/Premium to NAV

0.08%

Shares Outstanding

9.44M

Expense Ratio

0.37%

About Invesco S&P SmallCap Value with Momentum ETF

Issuer

Invesco Capital Management LLC

Brand

Invesco

Home Page

https://www.invesco.com/us/financial-products/etfs/product-detail?productId=XSVM&ticker=XSVM&title=invesco-s-p-smallcap-value-with-momentum-etf

Inception Date

Mar 3, 2005

Structure

Open-Ended Fund

Index Tracked

S&P 600 High Momentum Value 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.

XSVM's name reflects its straightforward approach to value with momentum, having an emphasis on value. Pulling from the S&P SmallCap 600, its index selects 240 names with the highest value scores, derived from book-to-price, trailing earnings per share-to-price and sales-to-price ratios. The index then picks the top 120 securities using momentum score which is based on upward price movements of each security relative to other eligible constituents. Selected securities are weighted by their value scores, thus, having the firm's market-cap or size unrelated. The index rebalances semi-annually. Prior to June 24, 2019 the fund tracked a Russell pure value index under a different name and ticker (PXSV).