Reduce risk, maximize return potential

Low volatility investment styles seek to reduce downside participation when markets decline while pursuing relatively attractive returns when they rise. For example, Invesco S&P 500 Low Volatility ETF (SPLV) had attractive up-market and down-market capture ratios versus the S&P 500 Index since its inception in April 2011.1

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    Source: Morningstar Direct from May 1, 2011–Dec. 31, 2025. Based on monthly data starting from the first full month (May 2011) after the Apr. 4, 2011 inception of the S&P 500 Low Volatility Index.

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    This is in comparison to the S&P 500 Index. The S&P 500 Low Volatility Index is designed to measure the performance of the 100 least volatile constituents of the S&P 500 Index over the past 12 months as determined by S&P. Up-market capture ratio is used to understand how a fund’s performance compared to a market reference index during periods of positive market returns. If the up-market capture ratio is below 100%, it means the fund experienced worse performance (captured less up-market) during periods of positive market performance versus the index. If the up-market capture ratio is above 100%, it means the fund experienced better performance on average (captured more up-market) during period periods of positive market performance versus the index. Down-market capture ratio is used to understand how a fund's performance compared to a market reference index during periods of negative market returns. If the down-market capture ratio is below 100%, it means the fund experienced better performance on average (captured less down-market) during market drawdowns versus the index. If it is above 100%, it means the fund experienced worse performance on average (captured more down-market) during market drawdowns versus the index. Past performance is not a guarantee of future results. Index returns do not represent Fund returns. An investor cannot invest directly in an index.