Invesco S&P 500 Low Volatility ETF vs Materials Select Sector SPDR Fund — how do they compare? Invesco S&P 500 Low Volatility ETF trades at $75.65, while Materials Select Sector SPDR Fund trades at $53.25. The key difference: Materials Select Sector SPDR Fund is trading nearer its 52-week high, Invesco S&P 500 Low Volatility ETF nearer its low. Which is the better fit depends on your goals.
| SPLV | XLB | |
|---|---|---|
52-Week High | $77.97 | $53.62 |
52-Week Low | $70.30 | $42.23 |
Trailing returns across standard periods
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, S&P Dow Jones Indices LLC (the "index Provider") compiles, maintains and calculates the underlying index, which is designed to measure the performance of the 100 least volatile constituents of the S&P 500 ® Index over the past 12 months as determined by the index Provider.
Read more on SPLV →In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes securities of companies from the following industries: chemicals; metals and mining; paper and forest products; containers and packaging; and construction materials. The fund is non-diversified.
Read more on XLB →