The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SPLV’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the SPLV 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 SPLV’s parent organization’s priorities and whether they’re in line with investors’ interests.
An unconstrained low-volatility fund.
Taylor Smith
Associate Analyst
Summary
Invesco S&P 500 Low Volatility ETF effectively mitigates volatility, but aspects of its approach increase investment concentration and raise the fund’s transaction costs.