Invesco S&P 500 Low Volatility ETF (SPLV) belongs to the S&P 500 category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SPLV. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SPLV
SPLV charges 0.25% annually. There are 33 ETFs in the S&P 500 category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street SPDR Portfolio S&P 500 ETF | 0.02% | 148.87B | Nov 2005 | SPLV vs SPYM | |
| iShares Core S&P 500 ETF | 0.03% | 837.93B | May 2000 | SPLV vs IVV | |
| Vanguard S&P 500 ETF | 0.03% | 1.70T | Sep 2010 | SPLV vs VOO | |
| State Street SPDR Portfolio S&P 500 Growth ETF | 0.04% | 52.13B | Sep 2000 | SPLV vs SPYG | |
| SPDR Portfolio S&P 500 Value ETF | 0.04% | 35.07B | Sep 2000 | SPLV vs SPYV |
Best Risk-Adjusted Alternatives to SPLV
SPLV has a PortfoliosLab risk / return rank of 15. There are 94 ETFs in the S&P 500 category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 19.60M | Apr 2025 | SPLV vs CPSP | |
| PGIM S&P 500 Max Buffer ETF - May | 97 | — | Apr 2025 | SPLV vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | 96 | 56.30M | May 2024 | SPLV vs CPSM | |
| PGIM S&P 500 Max Buffer ETF - February | 95 | — | Jan 2025 | SPLV vs PMFB | |
| PGIM S&P 500 Max Buffer ETF - January | 94 | 4.58M | Dec 2024 | SPLV vs PMJA |
Top Performing SPLV Alternatives (YTD)
SPLV is at 5.06% YTD. There are 74 ETFs in the S&P 500 category with higher YTD returns, going as high as 83.10%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily S&P 500 High Beta Bull 3X Shares | 83.10% | 98.97M | Nov 2019 | SPLV vs HIBL | |
| Invesco S&P 500 Equal Weight Technology ETF | 37.17% | 6.46B | Jan 2006 | SPLV vs RSPT | |
| Invesco S&P 500 Pure Growth ETF | 30.31% | 2.27B | Mar 2006 | SPLV vs RPG | |
| Invesco S&P 500 Momentum ETF | 29.91% | 21.99B | Oct 2015 | SPLV vs SPMO | |
| Invesco S&P 500® High Beta ETF | 29.05% | 1.08B | May 2011 | SPLV vs SPHB |
Lowest Volatility Alternatives to SPLV
SPLV has 10.28% 1-year volatility. There are 34 ETFs in the S&P 500 category with lower 1-year volatility, going as low as 1.30%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - May | 1.30% | — | Apr 2025 | SPLV vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.36% | 19.60M | Apr 2025 | SPLV vs CPSP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | 1.65% | 56.30M | May 2024 | SPLV vs CPSM | |
| Calamos S&P 500 Structured Alt Protection ETF - Ju... | 1.90% | 22.10M | Jun 2025 | SPLV vs CPSU | |
| PGIM S&P 500 Max Buffer ETF - June | 1.93% | — | May 2025 | SPLV vs PMJN |
Lowest Drawdown Alternatives to SPLV
SPLV has a 1-year max drawdown of -7.41%. There are 34 ETFs in the S&P 500 category with shallower 1-year drawdowns, going as shallow as -0.37%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 19.60M | Apr 2025 | SPLV vs CPSP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | -0.49% | 56.30M | May 2024 | SPLV vs CPSM | |
| PGIM S&P 500 Max Buffer ETF - May | -0.60% | — | Apr 2025 | SPLV vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ju... | -1.03% | 22.10M | Jun 2025 | SPLV vs CPSU | |
| PGIM S&P 500 Max Buffer ETF - June | -1.15% | — | May 2025 | SPLV vs PMJN |
Other ETFs from Invesco
The 10 most viewed Invesco ETFs shown here include QQQ, QQQM, RSP and span 13 categories. AUM among these funds goes as high as $493B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 59 | 16.45% | 493.17B | Mar 1999 | SPLV vs QQQ | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 60 | 16.48% | 101.29B | Oct 2020 | SPLV vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 49 | 9.94% | 92.57B | Apr 2003 | SPLV vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 94 | 90.62% | 3.22B | Jun 2021 | SPLV vs SOXQ | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 39 | 1.60% | 10.60B | May 2005 | SPLV vs XLG | |
| Invesco S&P 500 Quality ETF | S&P 500, Large Cap Blend Equities | 61 | 16.54% | 21.05B | Dec 2005 | SPLV vs SPHQ | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Large Cap Value Equities | 30 | 8.20% | 3.27B | Oct 2012 | SPLV vs SPHD | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 66 | 22.90% | 8.18B | Mar 2005 | SPLV vs XMMO | |
| Invesco Aerospace & Defense ETF | Aerospace & Defense, Industrials Equities | 38 | 9.76% | 8.26B | Oct 2005 | SPLV vs PPA | |
| Invesco S&P International Developed Momentum ETF | Momentum, Foreign Large Cap Equities | 45 | 9.69% | 3.93B | Feb 2012 | SPLV vs IDMO |
Often Compared With SPLV
Investors most often compare SPLV with USMV, SPY, JEPI. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare SPLV with Any Fund or Stock
Compare SPLV with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SPLV with funds that move differently
Invesco S&P 500 Low Volatility ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SPLV.
Explore SPLV Diversifiers