'SPLV' Rebalances, Reverts Back to Its Pre-Pandemic Look
The Invesco S&P 500 Low Volatility ETF (SPLV) is a passive exchange traded fund, but there are times when it undergoes some noticeable sector shifts. SPLV, one of the titans among “low vol” ETFs, follows the S&P 500 ® Low Volatility Index. Both the ETF and the benchmark are rebalanced four times a year, with the most recent example occurring on May 21. The result is new/old look for SPLV, as its sector weights are starting to look more like they did prior to the coronavirus pandemic. “Stalwarts like Financials, Real Estate, and Utilities resumed their places in the index; Utilities ad...