Key stats
About Invesco S&P MidCap Low Volatility ETF
Home page
Inception date
Feb 15, 2013
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.
ISIN
US46138E1982
XMLV offers a midcap version of its popular large-cap sibling, SPLV. XMLV draws its selection universe from the S&P MidCap 400 (commonly known as S&P 400), taking about 80 stocks with the lowest volatility (as measured by standard deviation) over the past 12 months. Stocks are weighted so that those with the lowest realized volatility get the highest weights. Although XMLV aims a broad exposure in the US equity market, this fund may have numerous sector tilts. The index is rebalanced on a quarterly basis.
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
Utilities
Stocks99.83%
Finance47.85%
Utilities20.63%
Process Industries4.62%
Consumer Non-Durables3.72%
Industrial Services3.25%
Transportation3.23%
Consumer Services3.09%
Producer Manufacturing2.63%
Health Services2.17%
Commercial Services2.11%
Distribution Services2.03%
Energy Minerals1.27%
Consumer Durables1.13%
Technology Services1.11%
Retail Trade0.99%
Bonds, Cash & Other0.17%
Mutual fund0.17%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
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
XMLV invests in stocks. The fund's major sectors are Finance, with 47.85% stocks, and Utilities, with 20.63% of the basket. The assets are mostly located in the North America region.
XMLV top holdings are ALLETE, Inc. and Gaming and Leisure Properties, Inc., occupying 4.49% and 1.60% of the portfolio correspondingly.
XMLV last dividends amounted to 0.41 USD. The quarter before, the issuer paid 0.51 USD in dividends, which shows a 26.39% decrease.
XMLV assets under management is 814.26 M USD. It's risen 1.44% over the last month.
XMLV fund flows account for −82.46 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, XMLV pays dividends to its holders with the dividend yield of 2.57%. The last dividend (Jun 27, 2025) amounted to 0.41 USD. The dividends are paid quarterly.
XMLV shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Feb 15, 2013, and its management style is Passive.
XMLV expense ratio is 0.25% meaning you'd have to pay 0.25% of your investment to help manage the fund.
XMLV follows the S&P MidCap 400 Low Volatility Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
XMLV invests in stocks.
XMLV price has risen by 3.45% over the last month, and its yearly performance shows a 7.33% increase. See more dynamics on XMLV price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.67% over the last month, showed a 4.54% increase in three-month performance and has increased by 10.38% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.67% over the last month, showed a 4.54% increase in three-month performance and has increased by 10.38% in a year.
XMLV trades at a premium (0.08%) meaning the ETF is trading at a higher price than the calculated NAV.