# Invesco S&P MidCap Low Volatility ETF (XMLV): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/xmlv for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Invesco · Asset class: Equity - Strategy: Thematic · Inception: 2013-02-15 The Invesco S&P MidCap Low Volatility ETF (XMLV) is structured to replicate the performance of the S&P MidCap 400 Low Volatility Index. The fund's investment strategy typically involves allocating at least 90% of its total assets to the securities that comprise this benchmark. Standard & Poor's is responsible for developing, overseeing, and calculating this Index. It consists of 80 specific mid-capitalization securities, which are handpicked from the broader S&P MidCap 400 Index. The primary selection criterion is having demonstrated the least historical price fluctuation, or "realized vola... ## Key Facts | Metric | Value | |---|---| | Price | $65.78 | | Expense Ratio | 0.25% | | Assets Under Management | $708.1M | | NAV | $64.84 | | Holdings Count | 81 | | Distribution Yield (TTM) | 3.04% | | Annual Distribution (TTM) | $2.00 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $60.96 – $70.21 | | Beta | 0.55 | ## Latest Distribution - Amount: $0.4984 /share - Ex-date: 2026-09-21 - Pay date: 2026-09-25 ## Frequently Asked Questions ### What does XMLV invest in? The Invesco S&P MidCap Low Volatility ETF (XMLV) is structured to replicate the performance of the S&P MidCap 400 Low Volatility Index. The fund's investment strategy typically involves allocating at least 90% of its total assets to the securities that comprise this benchmark. Standard & Poor's is responsible for developing, overseeing, and calculating this Index. It consists of 80 specific mid-capitalization securities, which are handpicked from the broader S&P MidCap 400 Index. The primary selection criterion is having demonstrated the least historical price fluctuation, or "realized volatility," over the preceding 12 months. Volatility itself is a statistical measure that quantifies the degree of upward and downward movements in an asset's price over time. Both the Fund and its underlying Index undergo quarterly adjustments to their composition and holdings. As of August 31, 2025, the Fund achieved an overall Morningstar rating of 4 stars, placing it among 577 evaluated funds. For specific timeframes, it earned 3 stars over the three-year period (out of 577 funds) and also 3 stars over the five-year period (out of 556 funds), while securing an impressive 5 stars for its ten-year performance (out of 405 funds). These ratings, provided by Morningstar Inc., are derived from a risk-adjusted return methodology. This approach considers monthly performance variations, giving greater weight to periods of decline and rewarding consistent returns. For comparative analysis, open-end mutual funds and exchange-traded funds are grouped together, and a fund must have at least three years of history to receive a rating. The comprehensive overall rating is a weighted average of the applicable three-, five-, and ten-year metrics, factoring in fees and expenses but excluding sales charges. Morningstar's data is proprietary and should not be reproduced or distributed; its accuracy, completeness, or timeliness is not guaranteed, and Morningstar disclaims responsibility for any damages or losses arising from its use. Investors should note that past performance does not guarantee future results. Within any given category, five stars are awarded to the top 10% of funds, four stars to the subsequent 22.5%, three stars to the next 35%, two stars to the following 22.5%, and one star to the bottom 10%. These ratings are subject to monthly revisions. Furthermore, if fee waivers and/or expense reimbursements had not been in effect, the Morningstar rating might have been lower, and ratings for different share classes could vary due to their distinct performance characteristics. ### What is the expense ratio of XMLV? Invesco S&P MidCap Low Volatility ETF (XMLV) charges an expense ratio of 0.25%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is XMLV? Invesco S&P MidCap Low Volatility ETF (XMLV) manages $708.1M 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 XMLV actively managed or an index fund? XMLV's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was XMLV launched? Invesco S&P MidCap Low Volatility ETF (XMLV) launched in February 2013 and is managed by Invesco. ### How has XMLV performed? XMLV'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. ### Does XMLV pay a dividend? Invesco S&P MidCap Low Volatility ETF (XMLV) currently distributes little or no income. Trailing-twelve-month yield is 3.04%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does XMLV pay dividends? Invesco S&P MidCap Low Volatility ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is XMLV's dividend yield? XMLV's trailing-twelve-month yield is 3.04%, calculated from the sum of dividends over the past year divided by the current price. ### When is XMLV's next ex-dividend date? The most recently announced ex-dividend date for XMLV was 2026-09-21. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will XMLV's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.25% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does XMLV charge its expense ratio? The expense ratio is deducted in tiny daily slices from XMLV's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does XMLV cost more than a fund like VOO? XMLV's strategy (current expense ratio 0.25%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where XMLV sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to XMLV? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as XMLV (0.25%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/xmlv - Distribution history: https://www.dividenddata.com/funds/xmlv/dividend - Holdings & diversification: https://www.dividenddata.com/funds/xmlv/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/xmlv/expenses - Peer comparison: https://www.dividenddata.com/funds/xmlv/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.