CI Invesco S&P 500 Low Volatility Index ETF Trust UnitsCI Invesco S&P 500 Low Volatility Index ETF Trust UnitsCI Invesco S&P 500 Low Volatility Index ETF Trust Units

CI Invesco S&P 500 Low Volatility Index ETF Trust Units

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Key stats


Assets under management (AUM)
‪22.93 M‬ CAD
Fund flows (1Y)
‪−17.29 M‬ CAD
Dividend yield (indicated)
1.92%
Discount/Premium to NAV
−0.7%
Shares outstanding
‪620.00 K‬
Expense ratio
0.32%

Fund info


Issuer
Emirate of Abu Dhabi (United Arab Emirates)
Brand
Invesco
Home page
Inception date
Jan 31, 2017
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
S&P 500 Low Volatility
Management style
Passive
Dividend treatment
Distributes
Income tax type
Capital Gains
Primary advisor
CI Investments, Inc.
ISIN
CA46139X1042
CUSIP
46139X104
FIGI
BBG00FWQ8Q07
Identifiers
ISIN CA46139X1042
The fund offers a straightforward low-volatility take on the S&P 500. It selects about 100 S&P 500 stocks with the lowest daily volatility over the past year. Least volatile stocks receive the highest weight in the portfolio. ULV does not consider correlation among stocks, so it produces a basket of low-volatility stocks, not a minimum volatility portfolio. The largely unconstrained fund makes sizable sector bets at times, which can change dramatically over successive quarterly rebalances. Volatility-based selection and weighting typically drive ULV's market-cap and beta lower than its neutral benchmark.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Low volatility
Geography
U.S.
Weighting scheme
Volatility
Selection criteria
Volatility
What's in the fund
Exposure type
Bonds, Cash & Other
ETF
Breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
Oscillators
Neutral
Summary
Neutral
Summary
Neutral
Summary
Neutral
Moving Averages
Neutral
Moving Averages
Neutral
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently asked questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ULV.C trades at 37.49 CAD today, its price has risen 1.27% in the past 24 hours. Track more dynamics on ULV.C price chart.
ULV.C net asset value is 37.26 today — it's fallen 0.23% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ULV.C assets under management is ‪22.93 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ULV.C price has fallen by −1.45% over the last month, and its yearly performance shows a 1.21% increase. See more dynamics on ULV.C price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.23% over the last month, have fallen by −0.23% over the last month, showed a −4.28% decrease in three-month performance and has increased by 2.68% in a year.
ULV.C fund flows account for ‪−17.29 M‬ CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ULV.C invests in funds. See more details in our Profile section.
ULV.C expense ratio is 0.32%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, ULV.C isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, ULV.C technical analysis shows the neutral rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ULV.C shows the buy signal. See more of ULV.C technicals for a more comprehensive analysis.
Yes, ULV.C pays dividends to its holders with the dividend yield of 1.92%.
ULV.C trades at a premium (0.65%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ULV.C shares are issued by Emirate of Abu Dhabi (United Arab Emirates)
ULV.C follows the S&P 500 Low Volatility. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 31, 2017.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.