 The
Invesco S&P 500 Value With Momentum ETF (SPVM) is an exchange-traded
fund (ETF) that seeks to provide investors with exposure to US
large-cap value stocks with strong momentum characteristics. The ETF's
objective is to track the performance of the S&P 500 Value with
Momentum Index, which is a widely recognized benchmark for US
large-cap value stocks with strong momentum characteristics.
SPVM invests in a portfolio of US large-cap value stocks that exhibit
both value and momentum characteristics, with the goal of providing
investors with exposure to stocks that are undervalued but have a
positive price trend. The ETF's holdings are selected based on factors
such as valuation ratios, earnings momentum, and price momentum, and
are designed to provide investors with exposure to a diversified
portfolio of US large-cap value stocks.
As of September 2021,
the SPVM ETF has a net asset value (NAV) of approximately $200 million
and holds a portfolio of over 100 US large-cap value stocks. The ETF's
expense ratio is 0.39%, which is relatively low compared to other
ETFs.
SPVM has a track record of providing investors with solid
returns. Since its inception in 2016, the fund has provided investors
with an annualized return of around 16% (as of March 23, 2023).
Overall, the Invesco S&P 500 Value With Momentum ETF (SPVM) could
be a good investment option for investors looking to invest in US
large-cap value stocks with strong momentum characteristics. However,
as with any investment, it is important to conduct thorough research
and consider factors such as risk tolerance, investment objectives,
and fees before making a decision. Additionally, the ETF's focus on
value and momentum characteristics may result in the fund
underperforming other broad-based US equity ETFs during certain market
conditions.
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