IDLV Stock Summary and Trading Ideas (Invesco S&P International Developed Low Volatility ETF | ARCA:IDLV)

The Invesco S&P International Developed Low Volatility ETF (Fund) is based on the S&P BMI International Developed Low Volatility Index (Index). The Fund will invest at least 90% of its total assets in the securities of companies that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poors and consists of the 200 least volatile stocks of the S&P Developed ex.-U.S. & South Korea LargeMid Cap BMI Index over the past 12 months. The Index is computed using the net return, which withholds applicable taxes for non-resident investors. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The Fund and the Index are rebalanced and reconstituted quarterly

Invesco S&P International Developed Low Volatility ETF trades on the ARCA stock market under the symbol IDLV.

As of April 19, 2024, IDLV stock price climbed to $27.04 with 18,518 million shares trading.

IDLV has a beta of 0.62, meaning it tends to be less sensitive to market movements. IDLV has a correlation of 0.47 to the broad based SPY ETF.

IDLV has a market cap of $392.11 million. This is considered a Small Cap stock.

In the last 3 years, IDLV stock traded as high as $32.50 and as low as $23.59.

IDLV has underperformed the market in the last year with a return of -0.1%, while the SPY ETF gained +21.2%. In the last 3 month period, IDLV fell short of the market, returning -1.7%, while SPY returned +4.3%. However, in the most recent 2 weeks IDLV has outperformed the stock market by returning -2.3%, while SPY returned -3.5%.

IDLV support price is $26.74 and resistance is $27.10 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IDLV stock will trade within this expected range on the day.