SPMV
Invesco S&P 500 Minimum Variance ETF
The Invesco S&P 500 Minimum Variance Portfolio tracks an index of stocks selected from the S&P 500. Holdings are selected and weighted to create a low-volatility portfolio, subject to constraints.
US
EQUITY
Passive
MANAGEMENT STYLE
$ 3.6 M
ASSETS UNDER MGMT
10 bp
EXPENSES
Fund Basics
| Inception date | Jul 13, 2017 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
Constituent Breakdown
| Number of holdings | 1 |
| Herfindahl-Hirschman Index | 138 |
| Wgt avg mkt cap (mns) | $0 |
| Large cap (>$10bn) | 0.0% |
| Mid cap ($2-10bn) | 0.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 0.0% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
Historical Performance
Standardized Performance (as of 04/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 0.2% | 11.5% | 11.1% | 10.3% | 6.8% | -- | -- | 8.3% |
| Dividend Yield | 0.3% | 1.7% | 1.7% | 2.0% | 1.8% | -- | -- | 2.5% |
| Total Returns | 0.5% | 13.2% | 12.8% | 12.3% | 8.7% | -- | -- | 10.8% | Ann. Volatility | 6.0% | 7.6% | 10.7% | 10.3% | 12.9% | -- | -- | 15.9% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.16 | 7% |
| MSCI EAFE | 0.17 | 8% |
| MSCI Emg Mkts | 0.07 | 2% |
Liquidity Measures
| Avg. volume (000) | 0 |
| ADV traded (mns) | $0 |
| Turnover | 0.0% |
| Avg. Bid/Ask (% of price) | 9.70% |
Technical Indicators
| 30d moving avg. (EMA) | $50.63 |
| Relative strength (RSI) | 58 |
| MACD/Signal | 0.04/0.05 |
| Bollinger Bands (Upper/Lower) | $51.04/$50.37 |
| Short interest (% of AUM) | 1.1% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. SPMV |
Expenses vs. SPMV |
ALTAR Score™ vs. SPMV |
|---|
Risk and Returns: SPMV vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 8/25/2026
Peer Group Comparison
Sample data. Subscribe for access.
Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
6.1%
ALTAR SCORE™
67th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 1,409 funds in the US Equity category with an average
ALTAR Score™ of 5.2% and a standard deviation
of 2.0%. SPMV's ALTAR Score™ is approximately 0.5 standard
deviations above the category average. This places SPMV in the 67th percentile
among funds in the category.
Sell-Side Consensus
$59.81
PRICE TARGET
+17.9%
UPSIDE
Bid/Ask Spreads
970 bp
AVG SPREAD
22 —
2,952 bp
RANGE