Invesco S&P SmallCap Low Volatility ETF
$49.95−0.36 (−0.73%)
- Expense ratio
- 0.25%
- Fund size
- $241M
- 1Y return
- +10.8%
- Yield · Last 12 months
- 2.43%
- Holdings
- 118
- Volume · 30D
- 0M sh
- NAV per share
- $50.41
- 52W range
The ETF.net XSLV Grade
Score 43 of 100 sits in the C 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.AScore 73Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 29Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 25Category 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.CScore 43Category rank
Our read on XSLV
CLow volatility is mostly a large-cap trade. XSLV runs the same screen down in the small-cap weeds, holding about 120 of the calmest names in the S&P SmallCap 600 and giving the steadiest ones the biggest slots.
The fund seeks to provide US small-cap equity exposure while emphasizing stocks with comparatively low realized volatility. It tracks the S&P SmallCap 600 Low Volatility Index and is intended to offer potential upside participation with risk mitigation.
Why people hold it
- A rare small-cap version of a large-cap idea: the rest of the low-vol shelf (USMV, LGLV, QLV, FDLO) screens big companies. This one works the S&P SmallCap 600.
- The rulebook is simple and public: rank the 600 on the past year's price swings, keep the roughly 120 calmest, weight by the inverse of that volatility, re-sort quarterly.invesco.comspglobal.com
- Live since 2013, so the strategy carries a real record through multiple small-cap drawdowns rather than a backtest. Pays quarterly.
Worth knowing
- 0.25% a year sits above the typical low-vol ETF, and large-cap rivals undercut it (QLV 0.09%, LGLV 0.12%). You pay up for the small-cap slice.
- A smaller, lightly traded fund next to the household-name low-vol ETFs, so spreads can be wider. Limit orders earn their keep here.
- The screen looks only at past price swings, not business quality or sector balance, so the sector mix can sit a long way from a plain small-cap index. Calmer small caps are still small caps.invesco.com
XSLV Holdings
- Stocks
- 118
- 11%
- PECO
Sectors
- Financials45.7%
- Real Estate31.3%
- Utilities8.5%
- Industrials5.2%
- Cons. Staples3.0%
- Materials2.6%
- Consumer Discr.1.5%
- Communication0.8%
- Technology0.8%
- Health Care0.8%
Geography
- United States97.48%
- Puerto Rico1.61%
- Bermuda0.91%
XSLV Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
XSLV$11,082
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 | XSLV |
|---|---|
| Year to date | +10.5% |
| 1 month | −4.1% |
| 3 months | +0.2% |
| 1 year | +10.8% |
| 3 years | +10.9% |
| 5 years | +3.8% |
| 10 years | +5.0% |
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 | XSLV |
|---|---|---|
| 2026 YTD | +10.5% | |
| 2025 | +0.3% | |
| 2024 | +9.8% | |
| 2023 | +1.3% | |
| 2022 | −11.8% | |
| 2021 | +29.3% | |
| 2020 | −17.3% |
XSLV in the news
XSLV Dividends
- 2.43%
- $1.22
- $0.47 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 21, 2026 | Pays Sep 25, 2026 | $0.47 |
| Jun 22, 2026 | Jun 26, 2026 | $0.14 |
| Mar 23, 2026 | Mar 27, 2026 | $0.30 |
| Dec 22, 2025 | Dec 26, 2025 | $0.31 |
| Sep 22, 2025 | Sep 26, 2025 | $0.35 |
| Jun 23, 2025 | Jun 27, 2025 | $0.31 |
| Mar 24, 2025 | Mar 28, 2025 | $0.02 |
| Dec 23, 2024 | Dec 27, 2024 | $0.55 |
| Sep 23, 2024 | Sep 27, 2024 | $0.25 |
| Jun 24, 2024 | Jun 28, 2024 | $0.14 |
| Mar 18, 2024 | Mar 22, 2024 | $0.27 |
| Dec 18, 2023 | Dec 22, 2023 | $0.30 |
XSLV Risk
- 14.2%
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.
- 0.46
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.
- −24.7%
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.
- 0.64
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
XSLV Cost
0.25%
XSLV0.25%
- The middle half of US Low Volatility Index funds
- Median 0.20%
9 of the 16 US Low Volatility Index funds charge less.