Ticker: XMLV

Invesco S&P MidCap Low Volatility ETF

Explore the benefits of balancing return potential and risk in mid-cap stocks.

Product details

Why invest in XMLV?

The Invesco S&P MidCap Low Volatility ETF is designed for investors seeking exposure to US mid-cap stocks with low volatility for both potential upside participation and risk mitigation.

Making up lost ground can be difficult

Our low volatility ETFs can potentially minimize the drawdown you experience. The chart depicts the more loss you experience on an investment, the greater gain is needed to bring the investment back to whole.

Data presented is provided for illustrative purposes only and based on a basic mathematical recovery principle. Not intended to represent an investment in the fund or any other strategy.

FAQ

Get timely answers to important questions regarding this product.

Although there is no set definition, mid-cap stocks are generally considered stocks with a market capitalization of roughly $2 billion to $10 billion.

XMLV is based on the S&P MidCap 400 Low Volatility Index, which measures performance of the 80 least volatile stocks in the S&P MidCap 400 Index.

XMLV’s tracking index, the S&P MidCap 400 Low Volatility Index, is rebalanced and reconstituted quarterly.

XMLV provides access to the low-volatility factor without imposing sector constraints. XMLV’s underlying index rotates — through quarterly scheduled rebalancing — out of the most volatile sectors to provide risk mitigation potential.

XMLV can be used to provide a potentially smoother investment experience by dampening market volatility. In particular, XMLV may appeal to investors seeking equity exposure but who are concerned about deep drawdowns. Finally, XMLV can be combined with riskier strategies to help enhance portfolio diversification.

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Footnotes

  • 1.

     There is no assurance that such ETFs will provide low volatility. 

  • The Invesco S&P MidCap Low Volatility ETF seeks to track the investment results (before fees and expenses) of the S&P MidCap 400® Low Volatility Index.