# Invesco S&P 500 Low Volatility UCITS ETF (SPLG) **Page:** https://fundology.uk/fund/splg · ISIN IE00BKW9SX35 ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 13/11/2026, SPLG (Invesco S&P 500 Low Volatility UCITS ETF, ISIN IE00BKW9SX35) closed at £43.32 on the London Stock Exchange. Its ongoing charge is 0.25% a year (about £25 on £10,000). Over the five years to 13/11/2026 its price changed by +35.3%, or +5.6% after UK CPIH inflation. ## Summary Invesco S&P 500 Low Volatility UCITS ETF is an exchange-traded fund (ETF) from Invesco, launched in 2021. It tracks the S&P 500 Low Volatility — about 500 of the largest companies listed in the US. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.25% a year — about £25 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. Latest close: **£43.32** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | SPLG | | ISIN | IE00BKW9SX35 | | Also listed as | SPLW (London Stock Exchange, US dollars) | | Category | US shares | | Type | ETF | | Provider | Invesco | | Tracks | S&P 500 Low Volatility | | Income | Accumulating | | Ongoing charge | 0.25% a year (£25 per £10,000) | | Fund size | £120m | | Launched | 2021 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 14/07/2021 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +9.21% | +5.34% | income reinvested | | 3 years | +28.27% | +15.89% | income reinvested | | 5 years | +35.28% | +5.60% | price only | Returns: as reported (delayed data) and worked out from recorded daily closes. Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Invesco S&P 500 Low Volatility UCITS ETF in pounds (price, with income reinvested in the fund): 2022 +6.9%, 2023 −5.9%, 2024 +16.8%, 2025 −4.8%; 2026 to 13/11/2026 +14.2%. Returns of Invesco S&P 500 Low Volatility UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +0.5%; to 30/09/2025: +2.6%; to 30/09/2024: +12.9%; to 30/09/2023: −6.3%; to 30/09/2022: +19.2%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | +6.9% | -2.1% | Price | | 2023 | -5.9% | -9.6% | Price | | 2024 | +16.8% | +12.9% | Price | | 2025 | -4.8% | -8.1% | Price | | 2026 to 13/11/2026 | +14.2% | +10.5% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 11.46% | -7.22% | | 3 years | 10.28% | -9.99% | | 5 years | 11.86% | -14.47% | ## Largest fall Volatility of Invesco S&P 500 Low Volatility UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 11.5% over 1 year, 10.3% over 3 years, 11.9% over 5 years. Largest fall in the price of Invesco S&P 500 Low Volatility UCITS ETF since November 2021, in pounds: −14.5% from 19/08/2022 to 06/10/2023. The lowest 12-month return of Invesco S&P 500 Low Volatility UCITS ETF in pounds (price, with income reinvested in the fund) since July 2021 was −13.0% (12 months to 18/08/2023); the highest was +24.0% (12 months to 09/09/2022). On 13/11/2026 the price of Invesco S&P 500 Low Volatility UCITS ETF was at its highest weekly close since November 2021, in pounds. ## Charges compared with similar funds Ongoing charge of Invesco S&P 500 Low Volatility UCITS ETF 0.25% a year. Compared on 14/11/2026, 67 of the 254 other US share funds charge more, 8 the same and 179 less (share classes counted once). ## Funds tracking the same index 2 funds track S&P 500 Low Volatility, this one included and share classes counted once; their ongoing charges range from 0.25% to 0.35% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Invesco S&P 500 Low Volatility UCITS ETF (this fund) | 0.25% | +9.2% | +28.3% | — | | State Street SPDR S&P 500 Low Volatility UCITS ETF | 0.35% | +9.0% | +27.9% | +33.8% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.25%** per year (as of 13/11/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## What it holds As of 12/11/2026, SPLG holds 100 positions, according to its published holdings. The largest is Berkshire Hathaway · Class B at 1.53% of the fund; the ten largest make up 12.9%. ### Top holdings Largest positions (as of 12/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Berkshire Hathaway · Class B | [BRK.B](https://fundology.uk/stock/BRK.B) | 1.53% | | 2 | WEC Energy Group | [WEC](https://fundology.uk/stock/WEC) | 1.33% | | 3 | Duke Energy Corporation (Holding Company) | [DUK](https://fundology.uk/stock/DUK) | 1.29% | | 4 | Evergy | [EVRG](https://fundology.uk/stock/EVRG) | 1.29% | | 5 | Alliant Energy | [LNT](https://fundology.uk/stock/LNT) | 1.26% | | 6 | Atmos Energy | [ATO](https://fundology.uk/stock/ATO) | 1.26% | | 7 | Consolidated Edison | [ED](https://fundology.uk/stock/ED) | 1.24% | | 8 | Pinnacle West Capital | [PNW](https://fundology.uk/stock/PNW) | 1.24% | | 9 | FirstEnergy | [FE](https://fundology.uk/stock/FE) | 1.22% | | 10 | Regency Centers | [REG](https://fundology.uk/stock/REG) | 1.22% | ## Where it invests Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed. ### By sector As published for the fund, as of 05/11/2026. | Sector | Weight | |---|---| | Utilities | 27.2% | | Financials | 23.7% | | Real Estate | 16.5% | | Industrials | 12.9% | | Consumer Staples | 7.2% | | Consumer Discretionary | 3.9% | | Health Care | 3.9% | | Energy | 2.6% | | Other sectors | 2.1% | ### By country Added up from the fund’s published holdings, as of 05/11/2026. | Country | Weight | |---|---| | United States | 95.8% | | Ireland | 2.1% | | Switzerland | 1.1% | | Bermuda | 1.0% | All 100 holdings: https://fundology.uk/fund/splg/holdings ## Questions people ask **What is the ongoing charge of SPLG?** The ongoing charge of SPLG is 0.25% a year — about £25 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Invesco S&P 500 Low Volatility UCITS ETF 0.25% a year. Compared on 14/11/2026, 67 of the 254 other US share funds charge more, 8 the same and 179 less (share classes counted once). **What does SPLG track?** SPLG tracks the S&P 500 Low Volatility — about 500 of the largest companies listed in the US. **Is SPLG accumulating or distributing?** SPLG is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. **What is the ISIN of SPLG?** The ISIN of SPLG is IE00BKW9SX35. An ISIN identifies one exact share class of a fund; SPLG is its ticker on the London Stock Exchange. The same share class is also listed as SPLW (London Stock Exchange, US dollars). **What does SPLG hold?** As of 12/11/2026, SPLG holds 100 positions, according to its published holdings. The largest is Berkshire Hathaway · Class B at 1.53% of the fund; the ten largest make up 12.9%. Its ten largest holdings are Berkshire Hathaway · Class B (1.53%), WEC Energy Group (1.33%), Duke Energy Corporation (Holding Company) (1.29%), Evergy (1.29%), Alliant Energy (1.26%), Atmos Energy (1.26%), Consolidated Edison (1.24%), Pinnacle West Capital (1.24%), FirstEnergy (1.22%) and Regency Centers (1.22%). **What were SPLG’s returns in each of the last five years?** Calendar-year returns of SPLG in pounds (price, with income reinvested in the fund): 2022 +6.9%, 2023 −5.9%, 2024 +16.8%, 2025 −4.8%; 2026 to 13/11/2026 +14.2%. Past performance is not a guide to future returns. **How has SPLG done after inflation?** Over the five years to 13/11/2026 SPLG’s price changed by +35.3%, or +5.6% after UK CPIH inflation. Past performance is not a guide to future returns. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.