Symbols

XMLV

Invesco S&P MidCap Low Volatility ETF·NYSE

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Key Stats

Assets Under Management

764.71MUSD

Fund Flows (1Y)

-85.04MUSD

Dividend Yield

2.71%

Discount/Premium to NAV

-0.01%

Shares Outstanding

11.59M

Expense Ratio

0.25%

About Invesco S&P MidCap Low Volatility ETF

Issuer

Invesco Capital Management LLC

Brand

Invesco

Home Page

https://www.invesco.com/portal/site/us/investors/etfs/product-detail?productId=XMLV&title=powershares-s-p-midcap-low-volatility-portfolio

Inception Date

Feb 15, 2013

Structure

Open-Ended Fund

Index Tracked

S&P MidCap 400 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.

XMLV offers a midcap version of its popular large-cap sibling, SPLV. XMLV draws its selection universe from the S&P MidCap 400 (commonly known as S&P 400), taking about 80 stocks with the lowest volatility (as measured by standard deviation) over the past 12 months. Stocks are weighted so that those with the lowest realized volatility get the highest weights. Although XMLV aims a broad exposure in the US equity market, this fund may have numerous sector tilts. The index is rebalanced on a quarterly basis.