Invesco S&P Emerging Markets Low Volatility ETF (EELV)
Invesco S&P Emerging Markets Low Volatility ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $28.55, up 0.08% on the session, giving a market capitalisation of $418.6M. Its beta of 0.60 implies it has historically moved less than the broad market.
The Invesco S&P Emerging Markets Low Volatility ETF is designed to track the performance of the S&P BMI Emerging Markets Low Volatility Index. This fund generally allocates a minimum of 90% of its total capital to the equities comprising the benchmark index. Compiled and maintained by Standard & Poor's, the index includes the 200 stocks that have demonstrated the lowest price fluctuations over the prior twelve months, chosen from the broader S&P Emerging Plus LargeMidCap Index. The index's performance is computed based on net returns, factoring in taxes applicable to non-resident investors. Volatility, in this context, quantifies the extent of an asset's price movements, both upward and downward, over a specific period. Both the ETF and its corresponding index undergo rebalancing and reconstitution each quarter.
Invesco S&P Emerging Markets Low Volatility ETF is most often compared with the following Financial Services names: