- ISIN
- US73937B7799
- CUSIP
- 73937B779
- Issuer
- Invesco
- Inception Date
- May 5, 2011
- Region
- North America (U.S.)
- Category
- S&P 500, Large Cap Blend Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- S&P 500 Low Volatility Index
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $7B
Share Price Chart
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Performance
SPLV Performance Chart
Invesco S&P 500 Low Volatility ETF (SPLV) is up 4.1% since the beginning of the year. SPLV is currently trading at $74 per share. Investors who bought $1,000 worth of SPLV shares 5 years ago would now be looking at an investment worth $1,333.
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Returns By Period
Invesco S&P 500 Low Volatility ETF (SPLV) has returned 4.06% so far this year and 3.73% over the past 12 months. Over the last ten years, SPLV has returned 8.20% per year, falling short of the S&P 500 Index benchmark, which averaged 13.42% annually.
Invesco S&P 500 Low Volatility ETF
- 1D
- 1.61%
- 1M
- 1.58%
- YTD
- 4.06%
- 6M
- 5.83%
- 1Y
- 3.73%
- 3Y*
- 8.28%
- 5Y*
- 5.91%
- 10Y*
- 8.20%
Benchmark (S&P 500 Index)
- 1D
- -0.26%
- 1M
- -0.17%
- YTD
- 7.91%
- 6M
- 7.98%
- 1Y
- 22.99%
- 3Y*
- 19.77%
- 5Y*
- 11.75%
- 10Y*
- 13.42%
SPLV Monthly Returns History
Based on dividend-adjusted daily data since May 5, 2011, SPLV's average daily return is +0.04%, while the average monthly return is +0.85%. At this rate, an investment would double in approximately 6.8 years.
Historically, 62% of months were positive and 38% were negative. The best month was Dec 2021 with a return of +9.7%, while the worst month was Mar 2020 at -13.1%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 3 months.
On a daily basis, SPLV closed higher 54% of trading days. The best single day was Mar 24, 2020 with a return of +9.8%, while the worst single day was Mar 16, 2020 at -12.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.31% | 5.28% | -5.33% | 2.03% | -2.88% | 1.98% | 4.06% | ||||||
| 2025 | 2.06% | 4.60% | 0.41% | -2.38% | 1.04% | -0.71% | -0.26% | 1.56% | 0.16% | -3.72% | 3.80% | -2.21% | 4.10% |
| 2024 | 0.94% | 1.61% | 3.09% | -3.13% | 2.59% | -0.28% | 4.35% | 5.23% | 1.04% | -0.91% | 5.60% | -6.34% | 13.93% |
| 2023 | 0.06% | -3.34% | 1.55% | 2.66% | -5.23% | 4.05% | 0.93% | -3.00% | -3.78% | -0.45% | 5.35% | 2.33% | 0.53% |
| 2022 | -4.62% | -2.29% | 5.44% | -2.43% | -0.53% | -4.27% | 4.24% | -1.86% | -8.33% | 6.97% | 5.68% | -1.71% | -4.88% |
| 2021 | -1.82% | -1.16% | 7.03% | 4.08% | 1.13% | -0.08% | 3.67% | 1.79% | -4.95% | 4.69% | -1.35% | 9.71% | 24.13% |
Benchmark Metrics
Invesco S&P 500 Low Volatility ETF has an annualized alpha of 1.84%, beta of 0.68, and R2 of 0.67 versus S&P 500 Index. Calculated based on daily prices since May 05, 2011.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (63.96%) than losses (60.68%) - typical of diversified or defensive assets.
- Beta of 0.68 indicates this ETF moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 1.84%
- Beta
- 0.68
- R²
- 0.67
- Upside Capture
- 63.96%
- Downside Capture
- 60.68%
Expense Ratio
SPLV has an expense ratio of 0.25%, which is considered low.
Return for Risk
Risk / Return Rank
SPLV ranks 15 for risk / return — in the bottom 15% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Invesco S&P 500 Low Volatility ETF (SPLV) and compare them to S&P 500 Index.
| SPLV | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.53 | ||
| Sortino ratioReturn per unit of downside risk | -1.99 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.35 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | 0.51 | 2.54 | -2.03 |
| Martin ratioReturn relative to average drawdown | 1.20 | 11.58 | -10.38 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Invesco S&P 500 Low Volatility ETF provided a 2.17% dividend yield over the last twelve months, with an annual payout of $1.59 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.59 | $1.46 | $1.31 | $1.53 | $1.35 | $1.03 | $1.19 | $1.21 | $1.02 | $0.97 | $0.84 | $0.88 |
Dividend yield | 2.17% | 2.04% | 1.88% | 2.45% | 2.11% | 1.51% | 2.12% | 2.08% | 2.18% | 2.03% | 2.03% | 2.28% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco S&P 500 Low Volatility ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.13 | $0.13 | $0.14 | $0.14 | $0.14 | $0.00 | $0.68 | ||||||
| 2025 | $0.10 | $0.10 | $0.11 | $0.11 | $0.12 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $1.46 |
| 2024 | $0.13 | $0.12 | $0.11 | $0.11 | $0.11 | $0.11 | $0.10 | $0.10 | $0.11 | $0.10 | $0.10 | $0.10 | $1.31 |
| 2023 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.13 | $0.13 | $0.14 | $0.14 | $0.13 | $0.14 | $1.53 |
| 2022 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.12 | $0.12 | $1.35 |
| 2021 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.09 | $0.09 | $0.09 | $0.10 | $0.10 | $1.03 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco S&P 500 Low Volatility ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Invesco S&P 500 Low Volatility ETF was 36.26%, occurring on Mar 23, 2020. Recovery took 272 trading sessions.
The current Invesco S&P 500 Low Volatility ETF drawdown is 4.39%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -36.26%Mar 2020 | 1mo 4d | 1y 29d | 1y 2moFeb 2020 - Apr 2021 |
Bear market2022 | -17.26%Oct 2022 | 5mo 24d | 1y 8mo | 2y 2moApr 2022 - Jun 2024 |
2011 correction2011 | -12.49%Aug 2011 | 1mo 1d | 2mo 20d | 3mo 21dJul 2011 - Oct 2011 |
Rate-hike selloffLate 2018 | -11.52%Dec 2018 | 20d | 1mo 16d | 2mo 6dDec 2018 - Feb 2019 |
2015 correction2015 | -11.30%Aug 2015 | 6d | 2mo 4d | 2mo 10dAug 2015 - Oct 2015 |
Drawdown Indicators
| SPLV | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.26% | -56.78% | +20.52% |
Max Drawdown (1Y)Largest decline over 1 year | -7.41% | -9.10% | +1.69% |
Max Drawdown (3Y)Largest decline over 3 years | -9.64% | -18.90% | +9.26% |
Max Drawdown (5Y)Largest decline over 5 years | -17.26% | -25.43% | +8.17% |
Max Drawdown (10Y)Largest decline over 10 years | -36.26% | -33.92% | -2.34% |
Current DrawdownCurrent decline from peak | -4.39% | -2.93% | -1.46% |
Average DrawdownAverage peak-to-trough decline | -3.55% | -10.72% | +7.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.12% | 1.99% | +1.13% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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