- ISIN
- US73937B6395
- CUSIP
- 73937B639
- Issuer
- Invesco
- Inception Date
- Feb 15, 2013
- Region
- North America (U.S.)
- Category
- Volatility Hedged Equity
- Leveraged
- 1x (No leverage)
- Index Tracked
- S&P SmallCap 600 Low Volatility Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Micro-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $236M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
XSLV Performance Chart
Invesco S&P SmallCap Low Volatility ETF (XSLV) is up 10.4% since the beginning of the year. XSLV is currently trading at $51 per share. Investors who bought $1,000 worth of XSLV shares 5 years ago would now be looking at an investment worth $1,220.
Loading charts...
Returns By Period
Invesco S&P SmallCap Low Volatility ETF (XSLV) has returned 10.38% so far this year and 15.43% over the past 12 months. Over the last ten years, XSLV has returned 6.00% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Invesco S&P SmallCap Low Volatility ETF
- 1D
- 0.37%
- 1M
- 1.87%
- YTD
- 10.38%
- 6M
- 8.81%
- 1Y
- 15.43%
- 3Y*
- 11.50%
- 5Y*
- 4.06%
- 10Y*
- 6.00%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
XSLV Monthly Returns History
Based on dividend-adjusted daily data since Feb 15, 2013, XSLV's average daily return is +0.04%, while the average monthly return is +0.74%. At this rate, an investment would double in approximately 7.8 years.
Historically, 62% of months were positive and 38% were negative. The best month was Oct 2022 with a return of +13.1%, while the worst month was Mar 2020 at -25.7%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 4 months.
On a daily basis, XSLV closed higher 53% of trading days. The best single day was Mar 26, 2020 with a return of +9.8%, while the worst single day was Mar 16, 2020 at -15.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.20% | 2.05% | -3.66% | 5.47% | -0.02% | 2.17% | 10.38% | ||||||
| 2025 | 0.97% | -0.32% | -2.81% | -3.15% | 2.40% | 0.16% | -1.27% | 5.80% | -1.93% | -3.08% | 3.77% | 0.21% | 0.31% |
| 2024 | -3.19% | 1.52% | 2.53% | -3.78% | 3.43% | -0.46% | 10.09% | 0.39% | 0.25% | -2.37% | 8.68% | -6.43% | 9.81% |
| 2023 | 4.87% | -0.52% | -8.36% | -4.20% | -4.12% | 2.88% | 7.11% | -3.07% | -4.15% | -2.76% | 6.00% | 9.37% | 1.34% |
| 2022 | -6.80% | -0.54% | 1.96% | -6.93% | 2.28% | -3.71% | 7.16% | -5.51% | -9.01% | 13.11% | 3.14% | -5.33% | -11.83% |
| 2021 | 0.76% | 8.40% | 3.47% | 0.61% | 2.49% | -0.64% | 0.83% | 2.96% | -3.03% | 4.44% | -1.12% | 7.43% | 29.34% |
Benchmark Metrics
Invesco S&P SmallCap Low Volatility ETF has an annualized alpha of -1.87%, beta of 0.83, and R2 of 0.59 versus S&P 500 Index. Calculated based on daily prices since February 15, 2013.
- This ETF participated in 90.00% of S&P 500 Index downside but only 72.93% of its upside - more exposed to losses than it benefited from rallies.
- Alpha
- -1.87%
- Beta
- 0.83
- R²
- 0.59
- Upside Capture
- 72.93%
- Downside Capture
- 90.00%
Expense Ratio
XSLV has an expense ratio of 0.25%, which is considered low.
Return for Risk
Risk / Return Rank
XSLV ranks 36 for risk / return — below 36% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Invesco S&P SmallCap Low Volatility ETF (XSLV) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XSLV | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.88 | ||
| Sortino ratioReturn per unit of downside risk | -1.00 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.37 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 2.08 | 2.78 | -0.71 |
| Martin ratioReturn relative to average drawdown | 5.90 | 12.44 | -6.53 |
Dividends
Dividend History
Invesco S&P SmallCap Low Volatility ETF provided a 2.79% dividend yield over the last twelve months, with an annual payout of $1.41 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.41 | $0.99 | $1.21 | $1.04 | $1.24 | $0.55 | $1.01 | $1.23 | $1.17 | $0.86 | $0.85 | $0.74 |
Dividend yield | 2.79% | 2.14% | 2.55% | 2.35% | 2.78% | 1.05% | 2.49% | 2.43% | 2.75% | 1.87% | 1.96% | 2.20% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco S&P SmallCap 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 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.14 | $0.44 | ||||||
| 2025 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.35 | $0.00 | $0.00 | $0.31 | $0.99 |
| 2024 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.55 | $1.21 |
| 2023 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.30 | $1.04 |
| 2022 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.39 | $0.00 | $0.00 | $0.49 | $0.00 | $0.00 | $0.15 | $1.24 |
| 2021 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.17 | $0.55 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco S&P SmallCap 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 SmallCap Low Volatility ETF was 44.34%, occurring on Mar 23, 2020. Recovery took 407 trading sessions.
The current Invesco S&P SmallCap Low Volatility ETF drawdown is 1.38%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -44.34%Mar 2020 | 2mo 2d | 1y 7mo | 1y 9moJan 2020 - Nov 2021 |
2023 bear market2023 | -24.72%Oct 2023 | 1y 9mo | 1y 11d | 2y 10moJan 2022 - Nov 2024 |
Rate-hike selloffLate 2018 | -18.70%Dec 2018 | 3mo 21d | 8mo 23d | 1y 9dSep 2018 - Sep 2019 |
2025 selloff2025 | -18.35%Apr 2025 | 4mo 13d | 10mo 3d | 1y 2moNov 2024 - Feb 2026 |
2016 correction2016 | -11.06%Jan 2016 | 1mo 20d | 2mo 9d | 3mo 29dDec 2015 - Mar 2016 |
Drawdown Indicators
| XSLV | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.34% | -56.78% | +12.44% |
Max Drawdown (1Y)Largest decline over 1 year | -7.46% | -9.10% | +1.64% |
Max Drawdown (3Y)Largest decline over 3 years | -18.35% | -18.90% | +0.55% |
Max Drawdown (5Y)Largest decline over 5 years | -24.72% | -25.43% | +0.71% |
Max Drawdown (10Y)Largest decline over 10 years | -44.34% | -33.92% | -10.42% |
Current DrawdownCurrent decline from peak | -1.38% | -1.80% | +0.42% |
Average DrawdownAverage peak-to-trough decline | -7.26% | -10.71% | +3.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.62% | 2.03% | +0.59% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with XSLV
Add Invesco S&P SmallCap Low Volatility ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with XSLV