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ETFs

Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF

XRLV
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 09 2015
Expense Ratio
0.25%
Type
US Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$33,429
AUM
$45,965,065
Associated Index
S&P 500 Low Volatility Rate Response Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

KO
Coca-Cola Co
1.34%
MCD
McDonald`s Corp
1.28%
PEP
PepsiCo Inc
1.28%
JNJ
Johnson & Johnson
1.21%
KMB
Kimberly-Clark Corp.
1.20%
CL
Colgate-Palmolive Co.
1.16%
WMT
Walmart Inc
1.16%
KHC
Kraft Heinz Co
1.16%
WM
Waste Management, Inc.
1.16%
PG
Procter & Gamble Co.
1.15%
Invest with XRLV

What is XRLV?

The Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (Fund) is based on the S&P 500 Low Volatility Rate Response Index (Index). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is composed of the 100 constituents of S&P 500 Index that exhibit both low volatility and low interest rate risk. The Underlying Index is designed to include stocks exhibiting low volatility characteristics, after removing stocks that historically have performed poorly in rising interest rate environments. The Fund and Index constituents are rebalanced and reconstitutioned after the close on the third Friday of February, May, August and November. Constituents are weighted relative to the inverse of their volatility, with the least volatile stocks receiving the highest weights.

ETFs related toXRLV

ETFs correlated to XRLV include SPLV, FVD, USMV

XRLV
Invesco Capital Management LLC - Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF
SPLV
Invesco Capital Management LLC - Invesco S&P 500 Low Volatility ETF
FVD
First Trust Exchange-Traded Fund III - First Trust Value Line Dividend Index Fund
USMV
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Min Vol Factor ETF
LGLV
SPDR Series Trust - SPDR SSGA US Large Cap Low Volatility Index ETF
LVHD
Legg Mason ETF Investment Trust - Franklin U.S. Low Volatility High Dividend Index ETF
IYK
BlackRock Institutional Trust Company N.A. - iShares U.S. Consumer Staples ETF
FTCS
First Trust Exchange-Traded Fund III - First Trust Capital Strength ETF
FXU
First Trust Exchange-Traded Fund III - First Trust Utilities AlphaDEX Fund
FSTA
Fidelity Covington Trust - Fidelity MSCI Consumer Staples Index ETF
VDC
Vanguard Group, Inc. - Vanguard Consumer Staples ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toXRLV

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Category

Community

Risk Rating

Aggressive

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Grow Your Portfolio, Ride the Momentum

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Create your own algorithmic trading strategy with XRLV using Composer

FAQ

XRLV is a US Equities ETF. The Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (Fund) is based on the S&P 500 Low Volatility Rate Response Index (Index). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is composed of the 100 constituents of S&P 500 Index that exhibit both low volatility and low interest rate risk. The Underlying Index is designed to include stocks exhibiting low volatility characteristics, after removing stocks that historically have performed poorly in rising interest rate environments. The Fund and Index constituents are rebalanced and reconstitutioned after the close on the third Friday of February, May, August and November. Constituents are weighted relative to the inverse of their volatility, with the least volatile stocks receiving the highest weights.

XRLV tracks the S&P 500 Low Volatility Rate Response Index.

No, XRLV is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, XRLV is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on XRLV is -0.0088%. This is the percent change in the value of XRLV over the most recent 1-month period. The 3-month return on XRLV is -0.0195%. This is the percent change in the value of XRLV over the most recent 3-month period.

The standard deviation of XRLV for the past year is 0.1316%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to XRLV include PRF, MTUM, and DSI.

ETFs correlated to XRLV include SPLV, FVD, and USMV.

ETFs that are inversely correlated to XRLV include SDOW, DOG, and DXD.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.