XRLV

Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF

$54.54

+0.00%

Market closed. Last update: 11:57 AM ET

📎 Investment Objective

The Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (XRLV) seeks to track the investment results of an index that measures the performance of relatively low volatility stocks from the S&P 500 Index, excluding those with high interest rate sensitivity.

Overview

ETF tracking Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF

Category Volatility

Issuer Invesco

Inception Date 2015-04-09

Market Cap $36.0M

Average Volume N/A

Dividend Yield 1.77%

52-Week Range $51.58 - $56.78

VWAP $54.40

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund employs a passive management approach, seeking to track the investment results of the S&P 500 Low Volatility Rate-Hedged Index. The index selects the 100 least volatile stocks from the S&P 500 Index and applies a hedge to mitigate the impact of rising interest rates.

✨ Key Features

Focuses on low volatility stocks from the S&P 500 Index
Applies a hedge to reduce sensitivity to rising interest rates
Passively tracks the S&P 500 Low Volatility Rate-Hedged Index
Relatively low expense ratio of 0.00%

⚠️ Primary Risks

Equity market risk, as the fund is exposed to the performance of the S&P 500 Index
Concentration risk, as the fund is focused on a subset of S&P 500 stocks
Interest rate risk, as the hedging strategy may not fully offset the impact of rising rates
Tracking error risk, as the fund may not perfectly replicate the performance of its underlying index

👤 Best For

This ETF may be suitable for investors seeking exposure to a low volatility strategy within the U.S. large-cap equity market, with a focus on reducing interest rate sensitivity. It may be particularly appealing to investors with a moderate risk tolerance who are concerned about market volatility and the potential impact of rising interest rates.