SPLV: INVESCO S&P 500 LOW VOLATILITY ETF
What this ETF is trying to do
The Invesco S&P 500 Low Volatility ETF (SPLV) is designed to invest in stocks from the S&P 500 that typically have lower price swings. This strategy aims to provide a more stable experience for investors compared to the broader stock market.
What the numbers show
As of October 9, 2026, the share price of SPLV is $72.14. To understand how it has performed, we look at two different types of returns: price return (the change in share price) and total return (which includes both price changes and cash distributions).
• Year-to-Date (YTD): The price return is 1.01%, while the total return is 2.71%.
• One Year: The price return is -0.29%, but the total return is 1.96%.
• Three Year: The price return is 22.60%, and the total return is 30.62%.
• Five Year: The total return is 29.75%.
An estimated price from roughly one year ago was $72.35.
Income and distribution explanation
SPLV provides cash distributions to investors, usually on a monthly basis. Over the last 12 months, it has made 12 payments totaling $1.64 per share. This results in a distribution yield of approximately 2.28%.
It is important for beginners to remember that a distribution yield is not the same as a total return. While the yield shows the cash paid out relative to the price, the total return shows the actual overall growth of the investment.
NAV erosion explanation
"NAV erosion" happens when the actual value of the fund's underlying assets drops over time. The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
However, based on price-based evidence, SPLV has an erosion-risk score of 94, which is labeled as "Stable / sideways" with "good" severity. There is no severe erosion-risk flag for this ETF.
Top Holdings
The fund holds 106 different assets. As of October 12, 2026, some of the top holdings include:
• Berkshire Hathaway Inc Class B: 1.41%
• Regency Centers Corp: 1.28%
• Duke Energy Corp: 1.26%
• FirstEnergy Corp: 1.26%
• WEC Energy Group Inc: 1.26%
These holdings can change over time.
Pros
• Stability: The erosion-risk score suggests a stable price trend.
• Consistent Income: The fund typically pays distributions every month.
• Positive Long-Term Growth: The three-year and five-year total returns are positive.
Cons
• Short-Term Price Dip: The one-year price return is slightly negative (-0.29%).
• Moderate Yield: The distribution yield is relatively low compared to some high-income ETFs.
Beginner takeaway
SPLV is built for investors who prefer lower volatility and steady monthly income over aggressive growth. While the share price has stayed mostly flat over the last year, the total return remained positive because of the monthly distributions.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | BERKSHIRE HATHAWAY INC CLASS B | BRK-B | 1.41% |
| 2 | REGENCY CENTERS CORP | REG | 1.28% |
| 3 | DUKE ENERGY CORP | DUK | 1.26% |
| 4 | FIRSTENERGY CORP | FE | 1.26% |
| 5 | WEC ENERGY GROUP INC | WEC | 1.26% |
| 6 | EVERGY INC | EVRG | 1.25% |
| 7 | ATMOS ENERGY CORP | ATO | 1.21% |
| 8 | ALLIANT ENERGY CORP | LNT | 1.20% |
| 9 | LOEWS CORP | L | 1.20% |
| 10 | CENTERPOINT ENERGY INC | CNP | 1.19% |