Invesco S&P 500 Enhanced Value ETF (SPVU)
Overview
- Expense Ratio: 0.13%
- Inception: 2015-10-09
- Price as of 2022-05-25: $43.37
- Index tracked: S&P 500 Enhanced Value Index
Product summary
- The Invesco S&P 500 Enhanced Value ETF targets the 100 most undervalued stocks within the S&P 500 index
- To assess whether a stock is trading at a low price relative to its fundamentals, the methodology evaluates the stock price compared with companies' earnings, book value and sales
- Proponents of value investing say under-appreciated stocks will outperform in bear markets, especially if overhyped growth stocks plunge back to earth
- SPVU invests in a narrow subset of value stocks, making it less diversified than competing value ETFs
- SPVU could be a good choice for investors who want to overweight large-cap U.S. value
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