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Launched · SEC filings

Invesco S&P SmallCap Low Volatility ETF

XSLVNYSE ArcaInvescoC

$51.91+1.15 (+2.26%)

As of Nov 2, 2026, 3:59 PM ET

C42/ 100

Rank 14 of 16 in US Low Volatility Index

C42/100Rank 14 of 16inUS Low Volatility Index
Intraday session: up, 79 prints from 50.76 to 51.91. Range 50.99 to 52.00. Use the arrow keys to read each point.51.0051.2551.5051.7510 AM12 PM2 PM4 PM
Expense ratio
0.25%
Fund size
$236M
1Y total return
+16.0%
Yield · Last 12 months
2.41%
Holdings
119
Avg volume · 30D
10.1K sh
52W range
low $44.32high $54.55
Launched
Filings
SEC EDGAR

The ETF.net XSLV Grade

C

Score 42 out of 100

Category
US Low Volatility Index⁠
Rank
14 of 16
Six-pillar profile for XSLV. Scores out of 100: Cost 30, Risk 21, Mission 73, Tradability 27, Holdings 61, Durability 47. Strongest: Mission (73). Weakest: Risk (21). Leans toward Mission.

Score 42 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    D30 out of 100
    Rank 10 of 16

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A73 out of 100
    Rank 11 of 16

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F21 out of 100
    Rank 16 of 16

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D27 out of 100
    Rank 14 of 16

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B61 out of 100
    Rank 6 of 16

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C47 out of 100
    Rank 12 of 16

Our read on XSLV

ETF.net Research

In short

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.

Stated mandate

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

Holdings pillarB61 out of 100Rank 6 of 16 in US Low Volatility Index
Asset class
Stocks
Holdings
119
Top-10 weight
11%
Largest holding
PECO1.3%

Sectors

  • Financials46.2%
  • Real Estate29.9%
  • Utilities8.7%
  • Industrials5.3%
  • Consumer Staples3.1%
  • Materials2.7%
  • Consumer Discretionary1.5%
  • Technology1.0%
  • Communication0.9%
  • Health Care0.8%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 8.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1PECOPhillips Edison & Co Inc1.31%80,838$3.13M133
2LTCLTC Properties Inc1.27%68,249$3.02M119
3IVTInvenTrust Properties Corp1.18%90,187$2.8M106
4APLEApple Hospitality REIT Inc1.12%141,315$2.66M128
5CHCOCity Holding Co1.08%17,922$2.58M127
6AVAAvista Corp1.08%68,588$2.57M140
7CPKChesapeake Utilities Corp1.07%18,855$2.56M121
8WABCWestamerica BanCorp1.07%41,318$2.54M110
9SHOSunstone Hotel Investors Inc1.05%192,810$2.49M114
10ADTADT Inc1.04%250,332$2.47M159
11FCPTFour Corners Property Trust Inc1.04%110,450$2.47M115
12NWNNorthwest Natural Holding Co1.03%49,016$2.45M121
13EFCEllington Financial Inc1.03%206,725$2.45M83
14AWRAmerican States Water Co1.01%28,263$2.41M146
15UTLUnitil Corp0.99%42,807$2.36M97

Showing 1–15 of 119 holdings

XSLV Performance

Launched Feb 15, 2013

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

XSLV$11,600
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. XSLV $11,600. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for XSLV. Periods over one year show the average yearly return.
PeriodXSLV
Year to date+11.6%
1 month+3.8%
3 months−4.6%
1 year+16.0%
3 yearsper year+12.5%
5 yearsper year+3.1%
10 yearsper year+5.5%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for XSLV
YearReturn barXSLV
2026 YTD+11.6%
2025+0.3%
2024+9.8%
2023+1.3%
2022−11.8%
2021+29.3%
2020−17.3%

XSLV in the news

XSLV Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
2.41%Last 12 months
Payout per share
$1.22Last 12 months
Last payment
$0.47 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 17, 2017 $0.04; Jun 16, 2017 $0.25; Sep 18, 2017 $0.18; Dec 18, 2017 $0.38; Mar 19, 2018 $0.10; Jun 18, 2018 $0.26; Sep 24, 2018 $0.28; Dec 24, 2018 $0.52; Mar 18, 2019 $0.04; Jun 24, 2019 $0.46; Sep 23, 2019 $0.25; Dec 23, 2019 $0.48; Mar 23, 2020 $0.47; Jun 22, 2020 $0.16; Sep 21, 2020 $0.19; Dec 21, 2020 $0.19; Mar 22, 2021 $0.16; Jun 21, 2021 $0.13; Sep 20, 2021 $0.10; Dec 20, 2021 $0.17; Mar 21, 2022 $0.21; Jun 21, 2022 $0.39; Sep 19, 2022 $0.49; Dec 19, 2022 $0.15; Mar 20, 2023 $0.34; Jun 20, 2023 $0.20; Sep 18, 2023 $0.20; Dec 18, 2023 $0.30; Mar 18, 2024 $0.27; Jun 24, 2024 $0.14; Sep 23, 2024 $0.25; Dec 23, 2024 $0.55; Mar 24, 2025 $0.02; Jun 23, 2025 $0.31; Sep 22, 2025 $0.35; Dec 22, 2025 $0.31; Mar 23, 2026 $0.30; Jun 22, 2026 $0.14; Sep 21, 2026 $0.47. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 21, 2026Sep 25, 2026$0.47
Jun 22, 2026Jun 26, 2026$0.14
Mar 23, 2026Mar 27, 2026$0.30
Dec 22, 2025Dec 26, 2025$0.31
Sep 22, 2025Sep 26, 2025$0.35
Jun 23, 2025Jun 27, 2025$0.31
Mar 24, 2025Mar 28, 2025$0.02
Dec 23, 2024Dec 27, 2024$0.55
Sep 23, 2024Sep 27, 2024$0.25
Jun 24, 2024Jun 28, 2024$0.14
Mar 18, 2024Mar 22, 2024$0.27
Dec 18, 2023Dec 22, 2023$0.30

See all 55 payments⁠

$10,000 in XSLV 10 years ago paid $2,873 in dividends.⁠

XSLV Risk

Risk pillarF21 out of 100Rank 16 of 16 in US Low Volatility Index
How much the fund’s monthly returns vary, scaled to a year.
14.3%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.59
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−24.7%
Trough Oct 2023
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.

How strongly the fund’s returns move with its asset-class index.
0.59
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

XSLV Cost

Compare XSLV and QLV

Overpaying vs QLV, cheapest in US Low Volatility Index

$3,470

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • XSLV 0.25%

    $5,159

  • QLV 0.08% Cheapest

    $1,689

$10,000
30 years

Cost over time

  • XSLV 0.25%
  • QLV 0.08%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K051015202530XSLV $5,159QLV $1,689

Year by year

YearXSLVQLVOverpaying
10$455$147$308
20$1,769$575$1,194
30$5,159$1,689$3,470

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