(EELV) Invesco S&P Emerging - Ratings and Ratios

The Invesco S&P Emerging Markets Low Volatility ETF (EELV) is an investment vehicle designed to track the performance of the least volatile stocks in the S&P Emerging Plus LargeMidCap Index, comprising 200 securities. By investing at least 90% of its assets in these securities, the fund aims to provide exposure to emerging markets with a focus on stability.

EELVs underlying index, compiled by S&P Dow Jones Indices LLC, employs a rules-based methodology to identify the 200 least volatile stocks within the S&P Emerging Plus LargeMidCap Index. This approach is geared towards mitigating potential downsides associated with emerging market investments, which can be inherently volatile. The funds strategy is particularly relevant for investors seeking to balance risk and potential returns in their emerging markets allocations.

Analyzing the funds , we observe that its current price is $25.54, slightly below its 52-week high of $25.63. The short-term (SMA20) and long-term (SMA50, SMA200) moving averages indicate a generally positive trend, with the short-term average above the long-term averages, suggesting a potential continuation of the upward trend. The Average True Range (ATR) of 0.36, or 1.40%, indicates relatively contained volatility, aligning with the funds low-volatility investment objective.

Considering the , EELV has Assets Under Management (AUM) of $377.00M USD, indicating a moderate level of investor interest. While not exceptionally large, this AUM level suggests the fund is viable and has a dedicated investor base.

Forecasting EELVs performance, we can anticipate that if the current trend continues, with the short-term moving average remaining above the long-term averages, the fund may edge closer to its 52-week high. However, given the emerging markets context, potential geopolitical or economic shifts could impact volatility. If the ATR remains contained, it may indicate that the funds low-volatility strategy is effectively mitigating downside risks. Thus, for investors looking for relatively stable emerging market exposure, EELV could be an attractive option, provided they monitor the funds tracking efficiency and adjust their strategies accordingly.