Invesco S&P 500 Low Volatility ETF ETF.com segment: Equity: U.S. - Large Cap Competing ETFs: USMC, LGLV, FDLO, JMIN, OVOL Related ETF Channels: Smart-Beta ETFs, U.S., Large Cap, Low Volatility, Equity, Size and Style, North America, Broad-based Find more ETFs with our ETF Screener and Database *Unless otherwise stated, data provided by FactSet. A 33 FUND DESCRIPTION tracks a volatility-weighted index of the 100 least-volatile stocks in the S&P 500. FACTSET ANALYTICS INSIGHT offers a straightforward low-volatility take on the S&P 500. It selects about 100 S&P 500 stocks with the lowest daily volatility over the past year. does not consider correlation among stocks, so it produces a basket of low-vol stocks, not a minimum volatility portfolio, in contrast with ishares' USMV. The largely unconstrained fund makes sizable sector bets at times, which can change dramatically over successive quarterly rebalances. Volatility-based selection and weighting typically drive 's market cap and beta lower than our neutral benchmark. While it doesn't look much like the broad US large-cap market, fulfills its low-volatility mandate. earns a spot on our Opportunities list for the alternative exposure described above, combined with reasonable holding costs, strong liquidity and hefty AUM. MSCI ESG ANALYTICS INSIGHT The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of March 28, 2019 the Invesco S&P 500 Low Volatility ETF MSCI ESG Fund Quality Score is 5.38 out of 10. The fund s Peer Rank reflects the ranking of a fund s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. ranks in the 55th percentile within its peer group and in the 45th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage. SUMMARY DATA Issuer Inception Date Legal Structure Expense Ratio Assets Under Management Average Daily $ Average Spread (%) PORTFOLIO DATA Weighted Average Market Cap Price / Earnings Ratio Price / Book Ratio Distribution Yield Next Ex-Dividend Date Number of Holdings INDEX DATA Index Tracked Index Weighting Methodology Index Selection Methodology Invesco 05/05/11 Open-Ended Fund 0.25% $10.10B $124.20M $52.71B 23.59 2.85 2.03% 04/22/19 101 S&P 500 Low Volatility Volatility Volatility MSCI USA Large Cap Index
1 Year Daily Price ($) 55.00 52.50 50.00 47.50 45.00 Apr May Jun Jul Aug Sep Oct Nov Dec `19 Feb Mar 20M PERFORMANCE [as of 03/28/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS 1.78% 13.87% 12.92% 15.20% 11.86% 11.70% -- (NAV) 1.84% 13.87% 13.02% 15.26% 11.89% 11.72% -- S&P 500 Low Volatility 1.86% 13.95% 13.09% 15.56% 12.18% 12.02% -- MSCI USA Large Cap Index 1.31% 13.71% 12.74% 10.99% 14.05% 11.18% 15.43% All returns over 1 year are annualized. All returns are total returns unless otherwise stated. TOP 10 COUNTRIES United States 100.00% TOP 10 SECTORS Financials 39.43% Consumer Cyclicals 4.97% Utilities 24.05% Technology 4.88% Consumer Non-Cyclicals 9.08% Basic Materials 2.18% Industrials 7.57% Telecommunications Serv 0.99% Healthcare 5.91% Energy 0.95% TOP 10 HOLDINGS Republic Services, Inc. 1.22% Garmin Ltd. Exelon Corporation 1.18% American Electric Power C Coca-Cola Company WEC Energy Group Inc Ecolab Inc. CMS Energy Corporation 1.12% NextEra Energy, Inc. DTE Energy Company 1.11% Total Top 10 Weighting 11.44%
PORTFOLIO MANAGEMENT TAX EXPOSURES FUND STRUCTURE Expense Ratio Median Tracking Difference (12 Mo) Max. Upside Deviation (12 Mo) Max. Downside Deviation (12 Mo) 0.25% -0.29% -0.24% -0.32% Max LT/ST Capital Gains Rate Capital Gains Distributions (3 Year) Tax on Distributions Distributes K1 20.00% / 39.60% -- Qualified dividends No Legal Structure OTC Derivative Use Securities Lending Active Securities Lending Split (Fund/Issuer) ETN Counterparty Open-Ended Fund No No 100% / 0% N/A ETN Counterparty Risk N/A Fund Closure Risk Low Portfolio Disclosure Daily
Daily Spread 0.027% FACTSET ANALYTICS BLOCK LIQUIDITY As of 03/29/19 0.025% 0.023% 0.021% 0.019% 0.017% 5 4 3 2 1 This measurement shows how easy it is to trade a $1 million USD block of. is rated a 5 out of 5. Premium/Discount 0.2% 0.1% TRADABILITY Avg. Daily Share 2,436,492 0.0% Average Daily $ $124.20M -0.1% Median Daily Share 2,320,832-0.2% 15M 10M 5M Median Daily ($) Average Spread (%) Average Spread ($) $119.08M $0.01 Apr Jun Aug Oct Dec `19 Mar Median Premium / Discount (12 Mo) 0.01% Max. Premium / Discount (12 Mo) 0.14% / -0.12% Impediment to Creations None Market Hours Overlap 100.00% Creation Unit Size (Shares) 50,000 Creation Unit/Day (45 Day Average) 46.42 Creation Unit Cost (%) Underlying / Unit Open Interest on ETF Options 4,347 Net Asset Value (Yesterday) $52.41 ETF.com Implied Liquidity 5
SECTOR/INDUSTRY BREAKDOWN TOP 10 HOLDINGS PERFORMANCE STATISTICS Financials 39.43% 14.92% Utilities 24.05% 2.59% Consumer Non- Cyclicals 9.08% 7.84% Industrials 7.57% 9.11% Healthcare 5.91% 14.48% Republic Services, Inc. Exelon Corporation Coca-Cola Company Ecolab Inc. NextEra Energy, Inc. Garmin Ltd. American Electric Power Company, Inc. WEC Energy Group Inc CMS Energy Corporation 1.22% 1.18% 1.12% Goodness of Fit (R2) Beta Up Beta Down Beta Downside Standard Deviation 0.63 0.57 0.61 0.58 0.55% MSCI USA Large Cap Index Consumer Cyclicals 4.97% 12.43% Technology 4.88% 26.80% DTE Energy Company Total Top 10 Weighting 1.11% 11.44% MSCI ESG RATINGS MSCI ESG Quality Score 5.38 / 10 Basic Materials 2.18% 1.09% Peer Group Percentile Rank 55.10 Telecommunications Services 0.99% 2.32% Energy 0.95% 5.79% Global Percentile Rank SRI Screening Criteria Exposure 44.61 17.89% COUNTRIES Exposure to Sustainable Impact Solutions 5.63% United States 100.00% 100.00% Weighted Average Carbon Intensity (t CO2e/$M Sales) 859.20 REGIONS North America 100.00% 100.00% BENCHMARK COMPARISON HOLDINGS Number of Holdings Constituents 101 295 Shared Holdings 65 ECONOMIC DEVELOPMENT Shared Holdings Weight 20.14% Developed Countries 100.00% 100.00% BENCHMARK COMPARISON SUMMARY Number of Holdings 101 295 Weighted Average Market Cap $52.71B $237.14B Price / Earnings Ratio Price / Book Ratio Dividend Yield 23.59 20.76 2.85 3.43 2.54% 1.97% Concentration Low Low
2019 ETF.com The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional. ETF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com. [ETF.com DOES NOT PROVIDE ANY RESEARCH OPINIONS.] ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. Data provider: Terms of Use MSCI ESG Research LLC s ("MSCI ESG") Fund Metrics products (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 24,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.