XMLV Stock Summary and Trading Ideas (Invesco S&P Midcap Low Volatility ETF | ARCA:XMLV)

The Invesco S&P MidCap Low Volatility ETF (Fund) is based on the S&P MidCap 400 Low Volatility Index (Index). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poors, consisting of 80 out of 400 medium-capitalization securities from the S&P MidCap 400 Index with the lowest realized volatility over the past 12 months. 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 Midcap Low Volatility ETF trades on the ARCA stock market under the symbol XMLV.

As of January 31, 2025, XMLV stock price declined to $62.20 with 2,037 million shares trading.

XMLV has a beta of 0.61, meaning it tends to be less sensitive to market movements. XMLV has a correlation of 0.36 to the broad based SPY ETF.

XMLV has a market cap of $808.60 million. This is considered a Small Cap stock.

In the last 3 years, XMLV traded as high as $65.99 and as low as $47.34.

XMLV has underperformed the market in the last year with a price return of +19.5% while the SPY ETF gained +25.6%. XMLV has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +1.6% and +0.7%, respectively, while the SPY returned +5.4% and +3.0%, respectively.

XMLV support price is $61.79 and resistance is $62.97 (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 XMLV shares will trade within this expected range on the day.