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The Invesco S&P SmallCap Value with Momentum ETF (XSVM) was introduced on March 3, 2005. It is a passively managed exchange-traded fund that aims to provide wide access to the Small Cap Value part of the US stock market.
XSVM follows the S&P 600 High Momentum Value Index, which targets small-cap stocks that have strong value and momentum ratings. While the ETF tries to combine defensive value characteristics with momentum, this mix might not be ideal for long-term investors. Since it started, its performance has been similar to other funds, but it has consistently lagged behind for a long time.
The Invesco S&P SmallCap Value with Momentum ETF focuses on small companies that are undervalued but have shown good performance recently, and it has done better than small-cap indexes over time. Its investments are mainly in financial services, consumer goods, and industrial sectors, while it has less investment in technology and healthcare, leading to lower valuations. Even though it hasn't performed well recently, its low valuations and potential for growth make it an interesting option to consider for future economic recovery.
For investors seeking momentum, Invesco S&P SmallCap Value with Momentum ETF XSVM is probably on the radar. The fund just hit a 52-week high and is up 28% from its 52-week low price of $44.86/share.
Designed to provide broad exposure to the Small Cap Value segment of the US equity market, the Invesco S&P SmallCap Value with Momentum ETF (XSVM) is a passively managed exchange traded fund launched on 03/03/2005.
If you're interested in broad exposure to the Small Cap Value segment of the US equity market, look no further than the Invesco S&P SmallCap Value with Momentum ETF (XSVM), a passively managed exchange traded fund launched on 03/03/2005.
Designed to provide broad exposure to the Small Cap Value segment of the US equity market, the Invesco S&P SmallCap Value with Momentum ETF (XSVM) is a passively managed exchange traded fund launched on 03/03/2005.
Invesco S&P SmallCap Value with Momentum ETF has a strategy built around a combination of seemingly contradictory concepts of underappreciated equities and robust price performance. XSVM's unique factor approach is supposed to be an answer to the chronic underperformance of value strategies. It did achieve solid performance over a few periods but at the expense of high turnover and painful volatility.
If you're interested in broad exposure to the Small Cap Value segment of the US equity market, look no further than the Invesco S&P SmallCap Value with Momentum ETF (XSVM), a passively managed exchange traded fund launched on 03/03/2005.
Invesco S&P SmallCap Value with Momentum ETF combines 3 valuation ratios and a momentum score to pick small caps. It is well-diversified across sectors and holdings. It has not brought excess return over its parent index since 2005.
FAQ
- What is XSVM ETF?
- Does XSVM pay dividends?
- What stocks are in XSVM ETF?
- What is the current assets under management for XSVM?
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- What is XSVM inception date?