(IDLV) Invesco S&P International - Ratings and Ratios

The Invesco S&P International Developed Low Volatility ETF (IDLV) is designed to track the S&P Developed ex-U.S. & Korea LargeMidCap Low Volatility Index, which is compiled and maintained by S&P Dow Jones Indices. This index focuses on the 200 least volatile stocks within the broader S&P Developed ex-U.S. & Korea LargeMidCap Index, aiming to provide investors with a lower-risk entry into international developed markets.

By investing at least 90% of its assets in the securities that make up the underlying index, IDLV offers a diversified portfolio that can help mitigate potential downsides associated with more volatile international stocks. The ETFs strategy is based on the principle that lower volatility stocks tend to outperform their more volatile counterparts over the long term, especially during market downturns.

Analyzing the ETFs technical data, we see that it has recently been trading at $32.15, above its 20-day SMA of $31.54 and significantly above its 50-day SMA of $30.57 and 200-day SMA of $29.16. The Average True Range (ATR) is 0.52, indicating a daily volatility of 1.61%. Given its 52-week high and low of $32.45 and $26.56, respectively, the ETF has shown resilience, maintaining a relatively stable price range. This stability is in line with its objective of tracking low-volatility stocks.

With an Assets Under Management (AUM) of $279.64M USD, IDLV has a considerable presence in the market, suggesting a certain level of investor confidence. Its categorization under Foreign Large Blend ETFs further indicates its diversified exposure to large-cap stocks in developed markets outside the U.S., excluding Korea.

Forecasting its future performance, we can infer from its technical indicators that IDLV is in a positive trend, having surpassed key moving averages. The relatively low ATR suggests that the ETF is not expected to experience drastic price swings, aligning with its low-volatility investment strategy. Considering the fundamental data, the ETFs AUM suggests a stable investor base. If the global economy continues to stabilize and investor sentiment towards international developed markets remains positive, IDLV could potentially continue its upward trend, possibly reaching or slightly exceeding its 52-week high. However, any unforeseen global economic shocks could impact its performance, given its exposure to international markets.

Investors should closely monitor the S&P Developed ex-U.S. & Korea LargeMidCap Indexs constituents and any changes in the global economic landscape that could affect the ETFs underlying assets. Adjustments in interest rates, trade policies, and geopolitical events are among the factors that could influence IDLVs performance. By keeping a close eye on these factors and the ETFs technical indicators, investors can make more informed decisions.