American Century Low Volatility ETF

Frequently Asked Questions About LVOL

What does LVOL invest in?

The fund generally invests in common stocks of U.S. companies that have a market capitalization greater than $2 billion. It seeks to deliver a lower realized portfolio volatility than its benchmark, the S&P 500 Index, by utilizing a stock selection process that expands on traditional measures of price volatility by including measures of asymmetric volatility and seeking securities of businesses that demonstrate consistent cash-flows, stable operations, and strong balance sheets. The fund is an actively managed ETF that does not seek to replicate the performance of a specified index.

What is the expense ratio of LVOL?

American Century Low Volatility ETF (LVOL) charges an expense ratio of 0.29%. This is the annual fee deducted from fund assets to cover management and operations.

How big is LVOL?

American Century Low Volatility ETF (LVOL) manages $12.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is LVOL actively managed or an index fund?

LVOL is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (LVOL's is 0.29%) in exchange for the discretion to over- or under-weight positions.

When was LVOL launched?

American Century Low Volatility ETF (LVOL) launched in January 2021 and is managed by the fund issuer.

How has LVOL performed?

LVOL's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.