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ETFs

Invesco S&P 500 Value with Momentum ETF

SPVM
$--
Today’s Change
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Snapshot
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Inception Date
Jun 16 2011
Expense Ratio
0.39%
Type
US Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$118,379
AUM
$37,651,321
Associated Index
S&P 500 High Momentum Value Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes

Top 10 Holdings

MPC
Marathon Petroleum Corp
2.85%
VLO
Valero Energy Corp.
2.76%
PSX
Phillips 66
2.58%
EQT
EQT Corp
1.63%
F
Ford Motor Co.
1.61%
CI
Cigna Group (The)
1.56%
PFG
Principal Financial Group Inc - Registered Shares
1.56%
MRO
Marathon Oil Corporation
1.52%
NUE
Nucor Corp.
1.51%
STLD
Steel Dynamics Inc.
1.49%
Invest with SPVM

What is SPVM?

The Invesco S&P 500 Value with Momentum ETF (Fund) is based on the S&P 500 High Momentum Value Index (Index). The Fund will invest at least 90% of its total assets in the component securities that comprise the Index. The Index is comprised of 100 securities in the S&P 500 Index having the highest value scores and momentum scores, calculated pursuant to the index methodology. Underlying Index constituents are weighted by their value scores; securities with higher value scores receive relatively greater weights.

ETFs related toSPVM

ETFs correlated to SPVM include DFUV, DHS, VYM

SPVM
Invesco Capital Management LLC - Invesco Russell Top 200 Pure Value ETF
DFUV
Dimensional ETF Trust - Dimensional US Marketwide Value ETF
DHS
WisdomTree Trust - WisdomTree U.S. High Dividend Fund
VYM
Vanguard Group, Inc. - Vanguard High Dividend Yield Indx ETF
JAVA
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Active Value ETF
LSAF
Two Roads Shared Trust - LeaderShares AlphaFactor US Core Equity ETF
VTV
Vanguard Group, Inc. - Vanguard Value ETF
ONEY
SPDR Series Trust - SPDR Russell 1000 Yield Focus ETF
DFLV
Dimensional ETF Trust - Dimensional US Large Cap Value ETF
PWV
Invesco Capital Management LLC - Invesco Large Cap Value ETF
FDL
First Trust Exchange-Traded Fund III - First Trust Morningstar Dividend Leaders Index Fund

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 toSPVM

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

Create your own algorithmic trading strategy with SPVM using Composer

FAQ

SPVM is a US Equities ETF. The Invesco S&P 500 Value with Momentum ETF (Fund) is based on the S&P 500 High Momentum Value Index (Index). The Fund will invest at least 90% of its total assets in the component securities that comprise the Index. The Index is comprised of 100 securities in the S&P 500 Index having the highest value scores and momentum scores, calculated pursuant to the index methodology. Underlying Index constituents are weighted by their value scores; securities with higher value scores receive relatively greater weights.

SPVM tracks the S&P 500 High Momentum Value Index.

No, SPVM 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, SPVM 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 SPVM is 0.0053%. This is the percent change in the value of SPVM over the most recent 1-month period. The 3-month return on SPVM is 0.0329%. This is the percent change in the value of SPVM over the most recent 3-month period.

The standard deviation of SPVM for the past year is 0.172%. 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 SPVM include IWO, VUG, and IVW.

ETFs correlated to SPVM include DFUV, DHS, and VYM.

ETFs that are inversely correlated to SPVM include FAZ, DOG, and DXD.

Disclaimers

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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.