Morningstar

Invesco S&P SmallCap Low Volatility ETF XSLV ETF Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See Invesco Investment Hub

Morningstar’s Analysis XSLV

Will XSLV outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable XSLV’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the XSLV management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of XSLV’s parent organization’s priorities and whether they’re in line with investors’ interests.

Low volatility.

Director Bryan Armour

Bryan Armour

Director

Summary

Invesco S&P SmallCap Low Volatility ETF provides pure exposure to the S&P SmallCap 600 Index's least volatile stocks. However, its simplistic approach fails to account for shared risks among stocks, which can compromise the fund's low-risk objective. For this reason, its Process Pillar rating was downgraded to Below Average from Average.

by Bryan Armour
Rated on Published on

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