PowerShares S&P 500 Low Volatility PortfoliFind Ratings Reports
- Last Ratings Update:06/30/2016
- Price as of 06/30/2016 :$42.65
- Net Assets:$4,547.4 Million
- Peer Rank:6 of 323
- Investment Rating:A+
We rate Powershares S&P 500 Low Vol Port at A+. This overall rating indicates it is among the top 10% of all closed end funds in its peer group. Positive factors that influence this rating include a well above average total return, low price volatility and low expense structure. The fund invests approximately 100% of its assets in stocks and may be considered for investors seeking a Growth - Domestic strategy.
POSITIVES AND RISKS
Total return ranks very high in comparison with peers over the last three years. The Powershares S&P 500 Low Vol Port has returned an annual rate of 14.39% since inception. More recently, the fund has generated a total return of 14.13% in the last five years, 13.84% in the last three years, and 17.71% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 88% of them. It has also outpaced 83% of its competitors on a three year basis and 85% of them over the last year for the period ending 6/30/2016. On a year to date basis, SPLV has returned 12.06%.
Downside risk has been below average. SPLV has a draw down risk of -5.72%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 10.1%. This fund has had a low level of volatility in its monthly performance over the last 36 months. As of 6/30/2016, the fund was trading at a price of $42.65, which is 0.3% below its 52-week high of $42.79 and 5.5% above its 52-week low of $40.43.
Low expense ratio helps performance. As SPLV is an exchange traded fund, it has no front end or back end load.
The Powershares S&P 500 Low Vol Port is managed by Michael C. Jeanette at Invesco Powershares Capital Mgmt LL. This fund is one of 128 Invesco Powershares Capital Mgmt LL exchange-traded funds launched since 5/1/2003 that we track.