The Invesco S&P 500® Low Volatility ETF (SPLV) is an exchange-traded fund designed to track the performance of S&P 500 stocks that have exhibited lower historical volatility. The ETF is managed by Invesco and trades under the ticker SPLV on the NYSE Arca.

Classified as a factor-based equity ETF, the fund provides exposure to U.S. companies selected according to volatility characteristics, emphasizing stocks that have historically experienced more moderate price fluctuations than the broader market.

The ETF follows a passive management approach and seeks to replicate the performance of the S&P 500 Low Volatility Index, a benchmark that selects and weights the least volatile stocks within the S&P 500 based on historical price movements.

Diversification and sector exposure

SPLV provides exposure primarily associated with:

• Low-volatility stocks.

• Utilities.

• Consumer staples.

• Healthcare.

• Real estate.

• Industrials.

• Financial services.

• Factor-based investing.

Portfolio composition changes over time as volatility characteristics within the S&P 500 evolve. As a result, sector allocations may shift depending on prevailing market conditions. The ETF’s performance is generally tied to companies considered more stable, which have historically experienced smaller price swings during periods of market turbulence.

Structure and costs

SPLV shares trade on the secondary market on the NYSE Arca during regular trading hours. Share creation and redemption occur through authorized participants, a mechanism intended to help align the ETF’s market price with its net asset value (NAV).

The fund charges a management fee as outlined in its prospectus and does not apply a performance fee. Dividends received from portfolio holdings may be distributed periodically to shareholders according to the fund’s distribution policy.

History and evolution of the ETF

The Invesco S&P 500® Low Volatility ETF was launched in 2011 amid growing investor interest in factor-based strategies designed to reduce portfolio volatility while maintaining equity-market exposure.

Since inception, the fund has been used by investors seeking access to U.S. stocks through a methodology focused on companies with historically lower price volatility.

In recent years, low-volatility strategies have attracted attention across various market environments, particularly during periods of economic uncertainty, shifting monetary-policy conditions, and increased volatility in global financial markets.

Additional Information

Invesco S&P 500® Low Volatility ETF (United States) is an exchange-traded fund (ETF), with assets under management totaling $7.54 billion.

Over the past 12 months, Invesco S&P 500® Low Volatility ETF recorded a return of 11.98%, with its price trading between $70.36 and $78.51 during the same period.

The ETF is traded under the ticker SPLV.