Assets under management: $945.0 million.Learn more about SPLV at the Invesco provider site.įranklin Low Volatility High Dividend ETF Top individual holdings include consumer staples giants Coca-Cola ( KO) and PepsiCo ( PEP), and New York utility Consolidated Edison ( ED). The portfolio is bound to change over time depending on which parts of the market are more volatile than others, but for now, it's unsurprisingly heavy in utility stocks (26%) and consumer staples (22%) – two defensive, high-yielding sectors.
DIA ETF 2 WEEK CHART PLUS
And during the current bear market, the fund has been a relative champ, down less than 5% on a total-return basis (price plus dividends) vs. Take June 2015 to June 2016, when the market's roller-coaster movement generated a marginally negative return SPLV was up by nearly 9%. In fact, during the quick COVID bear market, this low-volatility ETF underperformed the S&P 500 by 2 percentage points.īut Invesco's ETF does tend to do pretty well during longer periods of tumult. This doesn't guarantee SPLV will outperform during a market shock. SPLV has a beta of 0.74, which implies the fund is roughly 26% less volatile than the broader market. The benchmark here is the S&P 500, and the benchmark will always have a beta of 1.
One popular way to measure volatility is called "beta," which tracks a security's volatility compared to some benchmark. It then assigns weights to each stock based on its volatility (well, lack thereof). The Invesco S&P 500 Low Volatility ETF ( SPLV, $63.61) is a pretty straightforward fund that tracks the S&P 500 Low Volatility Index, which is composed of the 100 S&P 500 components with the lowest realized volatility over the past 12 months. The objective is pretty straightforward: Invest in stocks with low volatility, which should limit downside during a down market. One of the most popular types of funds for a bear market is low-volatility ETFs.
0 kommentar(er)
