|Bid||59.78 x 4000|
|Ask||59.79 x 3200|
|Day's Range||59.51 - 59.81|
|52 Week Range||47.86 - 59.82|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||1.94%|
|Beta (5Y Monthly)||0.59|
|Expense Ratio (net)||0.25%|
Invesco is shutting down dozens of ETFs, and it isn’t alone. That has tax, trading, and other consequences for your portfolio. What to do if you’re invested in an ETF that’s about to disappear.
Amid the tug of war between bulls and bears, we have highlighted some investing ideas that could prove to be extremely beneficial for investors this holiday season.
Stock groups selected based on different characteristics—or factors—should offer investors diversification in their portfolios. When most factor groups were trading flat during the third quarter, the Invesco S&P 500 Low Volatility exchange-traded fund (ticker: SPLV) gained 4.5%. When low volatility stopped working—the ETF has declined 1.5% so far in the fourth quarter—other factors, such as quality and value, have taken the lead.
After a recent series of new highs, Wall Street retreated on a doubt over trade deal that has undermined bullish sentiments. As such, investors could consider low volatility ETFs.
As the ETF universe continues to expand, U.S. markets are seeing greater interest and adoption in smart beta or factor-based ETF strategies.
The Invesco S&P 500 Low Volatility Portfolio (SPLV) is in the midst of an impressive showing this year, trailing the S&P 500 by less than 200 basis points. SPLV tracks the S&P 500 Low Volatility Index, which is comprised of the 100 S&P 500 members with the lowest trailing 12-month volatility. While the fund is designed to be sector agnostic, it often features large allocations to utilities, financial services, and real estate stocks.
For example, the popular Invesco S&P 500 Low Volatility ETF (NYSE: SPLV) is up about 23.10% year to date while the S&P 500 is higher by 24.76%. As has been previously noted regarding low volatility ETFs, such as SPLV, these funds are sector agnostic, meaning the sectors that many investors perceive as low volatility don't always dominate the lineups in these funds.
Up more than 23% year-to-date and residing near record highs, the Invesco S&P 500 Low Volatility Portfolio (SPLV) proves there can be rewards for reducing risk. The low-volatility ETFs are factor-based strategies that tilt toward companies with a propensity for lower volatility. Different issuers and index providers arrive at a basket of low volatility stocks in varying fashions.
The global stock market is reacting to changes in the trade narrative. Positive progress in U.S.-China talks is driving stocks while negative news is dragging them down.
We have highlighted some investing ideas that could prove to be extremely beneficial for investors in the fourth quarter in the current market environment.
Todd Rosenbluth, CFRA Head of ETF & Mutual Fund Research, joins Seana Smith on The Ticker to discuss which ETFs investors should watch if they're looking to navigate geopolitical uncertainty and market volatility.