PowerShares ETFs

SPLV - PowerShares S&P 500 Low Volatility Portfolio

Equity - US Equity

Product Details

The PowerShares S&P 500® Low Volatility Portfolio (Fund) is based on the S&P 500® Low Volatility Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's and consists of the 100 stocks from the S&P 500® Index with the lowest realized volatility over the past 12 months. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

as of 03/31/2015 03/31/2015

Performance


   
as of 03/31/2015 03/31/2015
  YTD 1 Year 3 Year 5 Year 10 Year Fund Inception
Index History (%)
S&P 500 Low Volatility Index 0.72 14.58 15.66 N/A N/A 15.04
S&P 500 Index 0.95 12.73 16.11 14.47 8.01 14.31
Fund History (%)
Fund NAV 0.67 14.30 15.38 N/A N/A 14.73
After Tax Held 0.40 13.52 14.67 N/A N/A 14.07
After Tax Sold 0.38 8.43 11.99 N/A N/A 11.64
Fund Market Price 0.70 14.48 15.42 N/A N/A 14.77

Monthly Performance

Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Performance data quoted represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than performance data quoted. After-tax returns reflect the highest federal income tax rate but exclude state and local taxes. Fund performance reflects fee waivers, absent which, performance data quoted would have been lower. After Tax Held and After Tax Sold are based on NAV. Returns less than one year are cumulative.


as of 03/31/2015

Growth of $10,000

Data beginning Fund inception and ending 03/31/2015. Fund performance shown at NAV.

An investor cannot invest directly in an index. The results assume that no cash was added to or assets withdrawn from the Index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.

as of 07/02/2015

Sector Allocation

as of 06/29/2015

Market Cap & Style Allocations

Large-Cap Value 24.79%
Large-Cap Blend 27.36%
Large-Cap Growth 21.89%
Mid-Cap Value 11.60%
Mid-Cap Blend 9.95%
Mid-Cap Growth 4.41%
Small-Cap Value -
Small-Cap Blend -
Small-Cap Growth -

as of 07/02/2015 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
CB Chubb Corp/The 1.42
SRCL Stericycle Inc 1.24
PG Procter & Gamble Co/The 1.20
T AT&T Inc 1.17
XL XL Group PLC 1.17
CINF Cincinnati Financial Corp 1.17
CVS CVS Health Corp 1.15
PBCT People's United Financial Inc 1.14
FISV Fiserv Inc 1.14
MMC Marsh & McLennan Cos Inc 1.14

Distributions | View All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
06/15/2015 06/17/2015 06/30/2015 0.07061 0.07061 - - -
05/15/2015 05/19/2015 05/29/2015 0.07936 0.07936 - - -
04/15/2015 04/17/2015 04/30/2015 0.07799 0.07799 - - -
03/13/2015 03/17/2015 03/31/2015 0.07641 0.07641 - - -
02/13/2015 02/18/2015 02/27/2015 0.08050 0.08050 - - -
01/15/2015 01/20/2015 01/30/2015 0.07542 0.07542 - - -
12/15/2014 12/17/2014 12/31/2014 0.07434 0.07434 - - -
11/14/2014 11/18/2014 11/28/2014 0.07544 0.07544 - - -
10/15/2014 10/17/2014 10/31/2014 0.06536 0.06536 - - -
09/15/2014 09/17/2014 09/30/2014 0.06499 0.06499 - - -
08/15/2014 08/19/2014 08/29/2014 0.07087 0.07087 - - -
07/15/2014 07/17/2014 07/31/2014 0.06889 0.06889 - - -
06/13/2014 06/17/2014 06/30/2014 0.06902 0.06902 - - -
05/15/2014 05/19/2014 05/30/2014 0.06962 0.06962 - - -
04/15/2014 04/17/2014 04/30/2014 0.06925 0.06925 - - -
03/14/2014 03/18/2014 03/31/2014 0.06960 0.06960 - - -
02/14/2014 02/19/2014 02/28/2014 0.07150 0.07150 - - -
01/15/2014 01/17/2014 01/31/2014 0.06794 0.06794 - - -
12/13/2013 12/17/2013 12/31/2013 0.06818 0.06818 - - -
11/15/2013 11/19/2013 11/29/2013 0.07109 0.07109 - - -
10/15/2013 10/17/2013 10/31/2013 0.07640 0.07640 - - -
09/13/2013 09/17/2013 09/30/2013 0.07512 0.07512 - - -
08/15/2013 08/19/2013 08/30/2013 0.07163 0.07163 - - -
07/15/2013 07/17/2013 07/31/2013 0.07322 0.07322 - - -
06/14/2013 06/18/2013 06/28/2013 0.07277 0.07277 - - -
05/15/2013 05/17/2013 05/31/2013 0.07111 0.07111 - - -
04/15/2013 04/17/2013 04/30/2013 0.07099 0.07099 - - -
03/15/2013 03/19/2013 03/28/2013 0.07072 0.07072 - - -
02/15/2013 02/20/2013 02/28/2013 0.06844 0.06844 - - -
01/15/2013 01/17/2013 01/31/2013 0.07275 0.07275 - - -
12/14/2012 12/18/2012 12/31/2012 0.10571 0.10571 - - -
11/15/2012 11/19/2012 11/30/2012 0.07160 0.07160 - - -
10/15/2012 10/17/2012 10/31/2012 0.06195 0.06195 - - -
09/14/2012 09/18/2012 09/28/2012 0.06133 0.06133 - - -
08/15/2012 08/17/2012 08/31/2012 0.06868 0.06868 - - -
07/13/2012 07/17/2012 07/31/2012 0.06813 0.06813 - - -
06/15/2012 06/19/2012 06/29/2012 0.06474 0.06474 - - -
05/15/2012 05/17/2012 05/31/2012 0.06291 0.06291 - - -
04/13/2012 04/17/2012 04/30/2012 0.06372 0.06372 - - -
03/15/2012 03/19/2012 03/30/2012 0.06900 0.06900 - - -
02/15/2012 02/17/2012 02/29/2012 0.06760 0.06760 - - -
01/13/2012 01/18/2012 01/31/2012 0.06689 0.06689 - - -
12/15/2011 12/19/2011 12/30/2011 0.08336 0.08336 - - -
11/15/2011 11/17/2011 11/30/2011 0.07121 0.07121 - - -
10/14/2011 10/18/2011 10/31/2011 0.06828 0.06828 - - -
09/15/2011 09/19/2011 09/30/2011 0.06984 0.06984 - - -
08/15/2011 08/17/2011 08/31/2011 0.06413 0.06413 - - -
07/15/2011 07/19/2011 07/29/2011 0.10699 0.10699 - - -
06/15/2011 06/17/2011 06/30/2011 0.08250 0.08250 - - -

Frequency Distribution of Discounts & Premiums

    Bid/Ask MidPoint Above NAV Bid/Ask Midpoint Below NAV
Quarter
Ending
Days 0.50-
0.99%
1.00-
1.99%
>2.00% 0.50-
0.99%
1.00-
1.99%
>2.00%
03/31/2015 61 0 0 0 0 0 0
12/31/2014 64 0 0 0 0 0 0
09/30/2014 64 0 0 0 0 0 0
06/30/2014 63 0 0 0 0 0 0
Year Ended 2014 252 0 0 0 0 0 0

Fund Inception: 05/05/2011

Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.


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 Risk & Other Information

Typically, security classifications used in calculating allocation tables are as of the last trading day of the previous month.

There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fund's return may not match the return of the Underlying Index. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.

In general, equity values fluctuate, sometimes widely, in response to activities specific to the company as well as general market, economic and political conditions.

Investments focused in a particular industry or sector, such as the industrials sector are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

The Fund is non-diversified and may experience greater volatility than a more diversified investment.

There is no assurance that the Fund will provide low volatility.

The S&P 500® Index is an unmanaged index considered representative of the U.S. stock market.

The Global Industry Classification Standard was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor's.

S&P® is a registered trademark of Standard & Poor's Financial Services LLC (S&P) and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones). These trademarks have been licensed for use by S&P Dow Jones Indices LLC. S&P® and Standard & Poor's® are trademarks of S&P and Dow Jones® is a trademark of Dow Jones. These trademarks have been sublicensed for certain purposes by Invesco PowerShares Capital Management LLC (Invesco PowerShares). The Index is a product of S&P Dow Jones Indices LLC and/or its affiliates and has been licensed for use by Invesco PowerShares. The Fund is not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P or their respective affiliates and neither S&P Dow Jones Indices LLC, Dow Jones, S&P or their respective affiliates make any representation regarding the advisability of investing in such product(s).

Beta is a measure of risk representing how a security is expected to respond to general market movements. Smart Beta represents an alternative and selection index based methodology that seeks to outperform a benchmark or reduce portfolio risk, or both. Smart beta funds may underperform cap-weighted benchmarks and increase portfolio risk.

as of 07/02/2015
4:00 PM EST

SPLV
Intraday Stats

  • Last Trade $37.13
  • Current IIV $37.14
  • Change -$0.07
  • % Change -0.19%
as of 07/02/2015
  • NAV at market close $37.13
as of 07/02/2015

Fund Yield

  • SEC 30 Day Yield 2.12%
  • Distribution Yield 2.28%
  • 12 Month Yield 2.37%
  • 30-Day SEC Unsubsidized Yield
    as of 07/01/2015
    2.12%
as of 07/02/2015

Prior Close

  • Closing Price $37.20
  • Bid/Ask Midpoint $37.16
  • Bid/Ask Prem/Disc $0.03
  • Bid/Ask Prem/Disc 0.08%
as of 03/31/2015

Fund Characteristics

  • Price/Earnings Ratio1 19.37
  • Price/Book Ratio1 2.63
  • ROE2 24.24%
  • Avg Market Cap2 $52,589MM

1 Weighted Harmonic Average

2 Weighted Average

Fund Details

  • Fund Ticker SPLV
  • CUSIP # 73937B779
  • ISIN US73937B7799
  • Intraday NAV SPLVIV
  • Index Ticker SP5LVIT
  • Index Provider S&P Dow Jones Indices LLC
  • Management Fee 0.25%
  • Total Expense Ratio 0.25%
  • Marginable Yes
  • Short Selling Yes
  • Options Yes
  • Exchange NYSE Arca
  • Inception Date 05/05/2011
  • # of Holdings 100
    as of 07/02/2015
as of 07/02/2015

Quick Facts

  • Previous Close $37.20
  • Open $37.19
  • Today's High $37.31
  • Today's Low $37.05
  • Today's Volume 975,527
  • 52 Week High $38.91
  • 52 Week Low $33.70
  • Shares Outstanding 126.95MM
  • Market Value $4,714.2MM