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Invesco S&P MidCap Low Volatility ETF

$63.69Last updated
-$0.13 (0.20%)Past day
Timezone

Invesco S&P MidCap Low Volatility ETF (AMEX: XMLV) is an exchange-traded fund listed on NYSE Arca, trading at $63.69 (about ₹6,118 a unit) as of 29 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.25% and holds 80 securities. Indian residents can buy XMLV through Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$63.71
Previous close:$63.82
Volume:10.14K

Today's low

$63.45

Today's high

$63.97

52 week low

$60.96

52 week high

$70.21

XMLV opened at $63.71, closed previously at $63.82, and has traded between $60.96 and $70.21 over the past 52 weeks.

About

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.

Issuer
Invesco
Exchange listed on
AMEX
Asset class
Equity
Base currency
USD
Domicile
United States
Dividends
Distributing
Launched
2013
ISIN
US46138E1982

Key statistics

Expense ratio

0.25%

Assets (AUM)

$700.4M

Holdings

80

NAV

$64.20

Avg. volume

—

1-year price change

+0.89%

5-year price change

+21.27%

Price change excludes dividends.

Top 10 holdings

1. TXNM Energy Inc
5.5%
2. OGE Energy Corp
1.6%
3. Agree Realty Corp
1.5%
4. WP Carey Inc
1.5%
5. Ingredion Inc
1.5%
6. EastGroup Properties Inc
1.5%
7. NNN REIT Inc
1.5%
8. IDACORP Inc
1.4%
9. Starwood Property Trust Inc
1.4%
10. Brixmor Property Group Inc
1.4%

XMLV holds 80 securities in total. These 10 are 18.8% of the fund.

Where the money is invested

Sectors

Financial Services
32.1%
Real Estate
30.1%
Utilities
20.1%
Industrials
5.3%
Consumer Cyclical
5.0%
Energy
3.9%

Countries

United States
97.8%
Bermuda
2.3%

How to buy XMLV from India

Indian residents can buy XMLV units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.

  1. Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.

  3. Search XMLV and buy

    Find the fund by its ticker, XMLV, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.

Read the full guide: how to invest in XMLV from India

Trading and taxes when buying XMLV from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India.Dividend tax explained
US estate tax
May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator

Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

What is the XMLV price today?

Invesco S&P MidCap Low Volatility ETF (XMLV) last traded at $63.69 on NYSE Arca, as of 29 Sep 2026, 4:00 PM ET. That is ₹6,118 a unit at the 29 Sep 2026 USD/INR rate.

When does XMLV trade, in Indian time?

NYSE Arca trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.

How big is XMLV, and what does it cost to hold?

Invesco S&P MidCap Low Volatility ETF manages about $700.4M. Its expense ratio is 0.25% a year, deducted inside the fund. It launched in 2013.

What are XMLV's largest holdings?

The top three are TXNM Energy Inc (5.5%), OGE Energy Corp (1.6%) and Agree Realty Corp (1.5%). XMLV's 10 largest positions make up 18.8% of the fund.

Does XMLV pay dividends?

Yes. XMLV is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India.

How are gains on XMLV taxed in India?

Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.

Can I buy fractional units of XMLV?

Yes. You can buy XMLV by amount rather than by whole unit, and there is no minimum trade size.

How has XMLV performed?

XMLV's price is up 0.9% over the past year and up 21.3% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.