Morningstar

Invesco S&P SmallCap Low Volatility ETF XSLV

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.

An unconstrained low-volatility fund.

Associate Analyst Taylor Smith

Taylor Smith

Associate Analyst

Summary

Invesco S&P SmallCap Low Volatility ETF provides direct exposure to the least volatile stocks within the S&P SmallCap 600 Index. However, its simplistic approach to measuring volatility, along with a lack of sector constraints, introduces concentration and correlation risks to the portfolio. These vulnerabilities can undermine the fund's low-volatility objective. The fund receives a Below Average Process Pillar rating.

by Taylor Smith
Rated on Published on

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Portfolio Holdings XSLV

More XSLV Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 11.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Phillips Edison & Co Inc Ordinary Shares - New

1.31 3M
Real Estate

LTC Properties Inc

1.25 3M
Real Estate

InvenTrust Properties Corp

1.15 3M
Real Estate

Avista Corp

1.10 3M
Utilities

City Holding Co

1.09 3M
Financial Services

Apple Hospitality REIT Inc

1.09 3M
Real Estate

Westamerica Bancorp

1.09 3M
Financial Services

Chesapeake Utilities Corp

1.07 3M
Utilities

Northwest Natural Holding Co

1.04 2M
Utilities

Four Corners Property Trust Inc

1.03 2M
Real Estate

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