SPMV Performance — Invesco S&P 500 Minimum Variance ETF
Data updated: 2026-01-28
SPMV returned +6.46% over one year to Nov 2025. Annualised returns are +11.98% over 3 years and +10.65% over 5 years. The fund trailed its US Large Blend category average: $100 invested three years ago grew to $140, against $156 for the category, and to $106 over one year, against $111. Volatility over the past three years was 10.37% a year. In the 12 months to Nov 2025 the fund lost a net $2.6M, and assets reached $3.53M.
SPMV Growth of $100
What $100 invested in Invesco S&P 500 Minimum Variance ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | SPMV | Category average |
|---|---|---|
| 1 year (Dec 2024 – Nov 2025) | $106 | $111 |
| 3 years (Dec 2022 – Nov 2025) | $140 | $156 |
| 5 years (Dec 2020 – Nov 2025) | $166 | $173 |
| Since data start (Sep 2019 – Nov 2025) | $190 | $211 |
SPMV Trailing Returns
Total returns to Nov 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +6.46% |
| 3 years (annualised) | +11.98% |
| 5 years (annualised) | +10.65% |
SPMV Annual Returns
Calendar-year total returns of Invesco S&P 500 Minimum Variance ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Nov) | +11.15% |
| 2024 | +18.81% |
| 2023 | +10.19% |
| 2022 | −10.73% |
| 2021 | +24.32% |
| 2020 | +8.54% |
| 2019 (Sep–Dec) | +8.16% |
SPMV Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +2.6% | +2.2% | −2.2% | −1.3% | +2.8% | +2.0% | −0.3% | +1.6% | +1.9% | 0.0% | +1.5% | — |
| 2024 | +2.9% | +3.1% | +3.1% | −3.6% | +4.5% | +1.7% | +2.2% | +3.6% | +1.7% | −1.5% | +4.5% | −4.2% |
| 2023 | +3.0% | −4.6% | +3.6% | +2.7% | −3.2% | +4.7% | +0.8% | −1.7% | −4.2% | −1.1% | +7.8% | +2.5% |
| 2022 | −5.0% | −2.9% | +4.9% | −4.9% | +0.1% | −5.5% | +5.7% | −3.5% | −7.8% | +8.1% | +4.6% | −3.5% |
| 2021 | −2.2% | −0.3% | +6.3% | +4.5% | +0.4% | +1.7% | +2.9% | +2.2% | −5.1% | +6.0% | −0.5% | +6.8% |
| 2020 | +0.3% | −8.2% | −12.5% | +11.1% | +4.4% | +0.4% | +4.8% | +4.4% | −1.8% | −2.7% | +7.8% | +2.7% |
| 2019 | — | — | — | — | — | — | — | — | +1.7% | +0.4% | +2.4% | +3.5% |
SPMV Risk
Risk measures from monthly returns over Dec 2022 – Nov 2025.
- 3-year volatility (annualised): 10.37%
- 3-year Sharpe ratio: 0.72 (vs 4.5% risk-free rate)
- Best month: +7.85% (Nov 2023)
- Worst month: −4.60% (Feb 2023)
SPMV Fund Flows
Monthly money in and out of Invesco S&P 500 Minimum Variance ETF, from SEC Form N-PORT.
- 12-month net flow: −$2.6M
- 12-month gross sales (incl. reinvestments): $18.8M
- Sales ÷ redemptions: 0.88×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Nov 2025 | $18.3M | $18.5M | −$175K |
| Oct 2025 | $0 | $0 | $0 |
| Sep 2025 | $0 | $0 | $0 |
| Aug 2025 | $0 | $0 | $0 |
| Jul 2025 | $0 | $0 | $0 |
| Jun 2025 | $0 | $480K | −$480K |
| May 2025 | $0 | $1.9M | −$1.9M |
| Apr 2025 | $0 | $0 | $0 |
| Mar 2025 | $0 | $0 | $0 |
| Feb 2025 | $482K | $0 | $482K |
| Jan 2025 | $0 | $0 | $0 |
| Dec 2024 | $0 | $482K | −$482K |
SPMV Assets Under Management
Net assets of Invesco S&P 500 Minimum Variance ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-11-30 | $3.53M |
| 2025-08-31 | $3.43M |
| 2025-05-31 | $3.81M |
| 2025-02-28 | $5.78M |
| 2024-11-30 | $5.78M |
| 2024-08-31 | $5.08M |
| 2024-05-31 | $5.17M |
| 2024-02-29 | $8.75M |
| 2023-11-30 | $8.11M |
| 2023-08-31 | $22.78M |
| 2023-05-31 | $22.06M |
| 2023-02-28 | $23.31M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.