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

The Invesco S&P SmallCap Low Volatility ETF (Fund) is based on the S&P SmallCap 600 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 120 out of 600 small-capitalization securities from the S&P SmallCap 600 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 Smallcap Low Volatility ETF trades on the ARCA stock market under the symbol XSLV.

As of April 23, 2024, XSLV stock price climbed to $43.08 with 11,883 million shares trading.

XSLV has a beta of 0.77, meaning it tends to be less sensitive to market movements. XSLV has a correlation of 0.42 to the broad based SPY ETF.

XSLV has a market cap of $332.15 million. This is considered a Small Cap stock.

In the last 3 years, XSLV stock traded as high as $52.89 and as low as $37.69.

XSLV has underperformed the market in the last year with a return of +6.7%, while the SPY ETF gained +24.4%. In the last 3 month period, XSLV fell short of the market, returning -0.8%, while SPY returned +5.0%. However, in the most recent 2 weeks XSLV has outperformed the stock market by returning -0.4%, while SPY returned -2.5%.

XSLV support price is $42.04 and resistance is $42.84 (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 XSLV stock will trade within this expected range on the day.