XMLV
Invesco S&P MidCap Low Volatility ETF
📎 Investment Objective
The Invesco S&P MidCap Low Volatility ETF (XMLV) seeks to track the investment results of an index that measures the performance of 80 mid-cap stocks with the lowest realized volatility over the past 12 months.
Overview
ETF tracking Invesco S&P MidCap Low Volatility ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Invesco S&P MidCap Low Volatility ETF (XMLV) seeks to track the investment results of an index that measures the performance of 80 mid-cap stocks with the lowest realized volatility over the past 12 months.
🎯 Investment Strategy
The fund employs a passive management approach, attempting to replicate the performance of the S&P MidCap 400 Low Volatility Index. It invests in a portfolio of mid-cap stocks that are selected based on their low volatility characteristics.
✨ Key Features
- Focuses on mid-cap stocks with historically low volatility
- Aims to provide exposure to the mid-cap segment of the U.S. equity market with reduced risk
- Employs a passive, index-tracking investment approach
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The value of the fund's shares may decline due to general market conditions or other factors
- Sector risk: The fund may be susceptible to economic, political, or regulatory occurrences affecting a particular sector
- Tracking error risk: The fund may not perfectly replicate the performance of the underlying index
- Liquidity risk: The fund may experience difficulty buying or selling certain holdings, which could adversely affect its performance
👤 Best For
This ETF may be suitable for investors seeking exposure to the mid-cap segment of the U.S. equity market with a focus on lower volatility. It may be particularly appealing to investors with a moderate risk tolerance who are looking to potentially reduce portfolio volatility while maintaining participation in the mid-cap equity market.