Fund Description |
The Invesco S&P 500 Minimum Variance ETF (the "Fund") is based on the S&P 500 Minimum Volatility Index (the "Index"). The fund will invest at least 90% of its total assets in securities that comprise the index. The index employs a managed-volatility methodology that seeks to achieve lower total risk than the S&P 500 Index, while maintaining similar characteristics. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The fund and the index are rebalanced and reconstituted semi-annually. |
Fund Profile |
Fund Name |
Invesco S&P 500 Minimum Variance ETF |
Fund Exchange Ticker |
SPMV |
Fund Sponsor |
Invesco |
Fund ISIN |
US46138E3475 |
Net Expense Ratio |
0.10 % |
Fund Inception Date |
13 July 2017 |
Fund Legal Structure |
ETF (Open end fund) |
Exchange |
BATS |
Listing Country Code |
US |
Fund Investment Objective |
ETF Type Specific |
US Equities - Factor & Thematic |
Asset Class |
Equities (Stocks) |
Index Linked |
Passive |
Index Name |
S&P 500 Minimum Volatility Index |
Index Provider |
S&P DJ Indices |
Currency Hedged |
No |
Inverse / Leveraged |
Not Applicable |
Developed / Emerging |
Developed Market Funds |
Market Capitalization Range |
Large Cap |
Growth Value |
Core / Blend |
Continent |
North America |
Key Statistics |
Return As of Date |
9 August 2022 |
Asset Under Management |
21.77 Million (USD) |
1 Month Total Return |
4.84 % |
Year To Date Return |
-8.31 % |
1 Year Total Return |
-1.02 % |
3 Year Annualized Total Return |
8.27 % |
NAV |
38.1856 |
Share Outstanding |
570,001 |