Key stats
About Invesco S&P 500 Minimum Variance ETF
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Inception date
Jul 13, 2017
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
SPMV offers a minimum-volatility portfolio of US large-cap stocks at. Rather than simply holding a basket of low-volatility stocks, the funds index uses an optimization algorithm to build a portfolio of stocks that work together to reduce portfolio volatility. The optimizer limits sector and industry tilts, but the guard rails are set fairly wide. The optimizer also constrains exposure to other fundamental and technical risk factors, which should help the fund avoid surprises. Still, dont expect SPMV to closely resemble its S&P 500 selection universe.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Health Technology
Technology Services
Electronic Technology
Consumer Non-Durables
Stocks99.99%
Finance18.67%
Health Technology17.08%
Technology Services16.08%
Electronic Technology14.19%
Consumer Non-Durables12.43%
Utilities9.74%
Retail Trade4.67%
Communications4.63%
Energy Minerals1.12%
Producer Manufacturing1.12%
Process Industries0.25%
Bonds, Cash & Other0.01%
Mutual fund0.01%
Cash−0.00%
Stock breakdown by region
North America95.03%
Europe4.97%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SPMV invests in stocks. The fund's major sectors are Finance, with 18.67% stocks, and Health Technology, with 17.08% of the basket. The assets are mostly located in the North America region.
SPMV top holdings are Microsoft Corporation and Broadcom Inc., occupying 3.83% and 3.42% of the portfolio correspondingly.
SPMV last dividends amounted to 0.20 USD. The quarter before, the issuer paid 0.18 USD in dividends, which shows a 9.27% increase.
SPMV assets under management is 3.35 M USD. It's fallen 11.08% over the last month.
SPMV fund flows account for −1.93 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, SPMV pays dividends to its holders with the dividend yield of 1.58%. The last dividend (Jun 27, 2025) amounted to 0.20 USD. The dividends are paid quarterly.
SPMV shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Jul 13, 2017, and its management style is Passive.
SPMV expense ratio is 0.10% meaning you'd have to pay 0.10% of your investment to help manage the fund.
SPMV follows the S&P 500 Minimum Volatility Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SPMV invests in stocks.
SPMV price has risen by 1.75% over the last month, and its yearly performance shows a 7.87% increase. See more dynamics on SPMV price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.40% over the last month, showed a 8.33% increase in three-month performance and has increased by 9.09% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.40% over the last month, showed a 8.33% increase in three-month performance and has increased by 9.09% in a year.
SPMV trades at a premium (0.00%) meaning the ETF is trading at a higher price than the calculated NAV.