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About Invesco S&P Emerging Markets Low Volatility Index ETF
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Inception date
Jul 7, 2014
Structure
Canadian Mutual Fund Trust (ON)
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
Invesco Canada Ltd.
ISIN
CA46141U1066
ELV attempts to provide a lower-risk play on emerging markets, eschewing the market-cap-weighting mechanism in favor of one centered on volatility. The underlying index consists of the 200 least volatile stocks (over the trailing 12 months) of the S&P Emerging Plus LargeMidCap Index, meaning it leans heavily towards a portfolio consisting of large- and midcap stocks with low volatility. Also, industries with historically low volatility receive significant overweights due to the funds inverse-volatility-weighted method. Overall, this is a viable fund for investors looking for this specific exposure. ELV uses a full replication method to track an index that is rebalanced quarterly.
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
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ELV last dividends amounted to 0.13 USD. The quarter before, the issuer paid 0.13 USD in dividends, which shows a 0.49% decrease.
ELV shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Jul 7, 2014, and its management style is Passive.
ELV expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
ELV follows the S&P BMI Emerging Markets Low Volatility. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ELV invests in cash.
ELV trades at a premium (33.65%) meaning the ETF is trading at a higher price than the calculated NAV.