SPMV

Invesco S&P 500 Minimum Variance ETF

$49.69
+0.00%
Market closed. Last update: 11:44 PM ET

📎 Investment Objective

The Invesco S&P 500 Minimum Variance ETF (SPMV) seeks to track the investment results of an index that measures the performance of large-capitalization U.S. stocks with lower volatility.

Overview

ETF tracking Invesco S&P 500 Minimum Variance ETF

Category Large Cap
Issuer Invesco
Inception Date 2017-07-13
Market Cap $3.5M
Average Volume N/A
Dividend Yield 1.52%
52-Week Range $42.38 - $50.42
VWAP $49.77

Performance

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Investment Summary

📎 Investment Objective

The Invesco S&P 500 Minimum Variance ETF (SPMV) seeks to track the investment results of an index that measures the performance of large-capitalization U.S. stocks with lower volatility.

🎯 Investment Strategy

The fund employs a passive management approach, seeking to track the S&P 500 Minimum Variance Index. The index is designed to measure the performance of large-cap U.S. stocks with lower volatility characteristics relative to the broader S&P 500 Index.

✨ Key Features

  • Tracks the S&P 500 Minimum Variance Index, which selects stocks from the S&P 500 with lower historical volatility
  • Aims to provide exposure to large-cap U.S. equities with reduced risk compared to the broader market
  • Passively managed, seeking to replicate the performance of the underlying index
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Market risk: The value of the fund's shares will fluctuate with changes in the value of the underlying securities in the index
  • Tracking error risk: The fund may not perfectly track the performance of the underlying index
  • Concentration risk: The fund's performance may be more sensitive to the performance of a small number of holdings
  • Liquidity risk: In certain market conditions, it may be difficult to buy or sell shares of the fund

👤 Best For

The Invesco S&P 500 Minimum Variance ETF may be suitable for investors seeking exposure to large-cap U.S. equities with lower volatility characteristics. It may be particularly appealing to investors with a lower risk tolerance or those looking to reduce the overall risk in their portfolio.