Invesco S&P 500 Low Volatility ETF
$71.48−0.46 (−0.64%)
- Expense ratio
- 0.25%
- Fund size
- $7.1B
- 1Y return
- +2.2%
- Yield · Last 12 months
- 2.28%
- Holdings
- 104
- Volume · 30D
- 2.3M sh
- NAV per share
- $72.18
- 52W range
The ETF.net SPLV Grade
Score 56 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.DScore 30Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.BScore 68Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 37Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 98Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 60Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 74Category rank
Our read on SPLV
BLow volatility without the black box. SPLV ranks the S&P 500 by the past year of daily price swings, keeps the 100 calmest names, and hands the biggest weights to the quietest ones. Rebalanced quarterly.
The fund seeks exposure to the S&P 500 Low Volatility Index, which represents the 100 least volatile stocks in the S&P 500 Index.
Why people hold it
- The rule is plain arithmetic: rank the 500 on a year of daily price moves, keep the 100 least volatile, weight each inversely to its volatility. No optimizer, no risk model.spglobal.com
- The list is refreshed quarterly, so as market leadership calms down or heats up, the portfolio follows the data rather than a manager's read.spglobal.com
- A multi-billion-dollar fund and one of the more actively traded names in the low-vol aisle, which tends to keep bid-ask costs modest.
- About 100 large US stocks, with distributions paid monthly instead of quarterly. Running on the same mandate since 2011.invesco.com
Worth knowing
- 0.25% a year sits above the low-vol category median of 0.20%, and cheaper builds exist: LGLV at 0.12%, QLV at 0.09%.
- The index applies no sector limits, so weights can pile into whichever corners are calmest at the time, and that mix can shift meaningfully at each quarterly reshuffle.spglobal.com
- Low volatility is not low risk. This is a fully invested stock fund with no hedge or buffer, and it moves with the market.
SPLV Holdings
- Stocks
- 104
- 13%
- BRK-B
Geography
- United States95.95%
- Switzerland1.08%
- United Kingdom1.07%
- Bermuda0.98%
- Ireland0.91%
SPLV Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | SPLV |
|---|---|
| Year to date | +2.4% |
| 1 month | −4.1% |
| 3 months | −1.2% |
| 1 year | +2.2% |
| 3 years | +8.3% |
| 5 years | +5.2% |
| 10 years | +7.8% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | SPLV |
|---|---|---|
| 2026 YTD | +2.4% | |
| 2025 | +4.1% | |
| 2024 | +13.9% | |
| 2023 | +0.5% | |
| 2022 | −4.9% | |
| 2021 | +24.1% | |
| 2020 | −1.4% |
SPLV in the news
ETF.net Research hasn’t filed on SPLV yet — coverage lands here as it’s written.
SPLV Dividends
- 2.28%
- $1.64
- $0.14 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 21, 2026 | Pays Sep 25, 2026 | $0.14 |
| Aug 24, 2026 | Aug 28, 2026 | $0.14 |
| Jul 20, 2026 | Jul 24, 2026 | $0.14 |
| Jun 22, 2026 | Jun 26, 2026 | $0.14 |
| May 18, 2026 | May 22, 2026 | $0.14 |
| Apr 20, 2026 | Apr 24, 2026 | $0.14 |
| Mar 23, 2026 | Mar 27, 2026 | $0.14 |
| Feb 23, 2026 | Feb 27, 2026 | $0.13 |
| Jan 20, 2026 | Jan 23, 2026 | $0.13 |
| Dec 22, 2025 | Dec 26, 2025 | $0.13 |
| Nov 24, 2025 | Nov 28, 2025 | $0.13 |
| Oct 20, 2025 | Oct 24, 2025 | $0.13 |
SPLV Risk
- 10.9%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.44
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −17.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.37
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SPLV Cost
- The middle half of US Low Volatility Index funds
- Median 0.20%
9 of the 16 US Low Volatility Index funds charge less.