Invesco Large Cap Value ETF

PWV

Market cap $1.3B

If you're interested in broad exposure to the Large Cap Value segment of the US equity market, look no further than the Invesco Large Cap Value ETF (PWV), a passively managed exchange traded fund launched on March 3, 2005.

Designed to provide broad exposure to the Style Box - Large Cap Value category of the market, the Invesco Large Cap Value ETF (PWV) is a smart beta exchange traded fund launched on 03/03/2005.

Invesco Large Cap Value ETF offers conservative large-cap value exposure, overweighting Financials and underweighting Technology amid macroeconomic uncertainty. PWV's defensive sector allocation and top holdings position it to outperform broad-market and growth-focused ETFs in a volatile, inflation-prone environment. Sticky inflation and a cautious Fed stance support value stocks over growth, with PWV benefiting from less sensitivity to rate-driven volatility.

The Invesco Large Cap Value ETF (PWV) was launched on March 3, 2005, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Value segment of the US equity market.

Designed to provide broad exposure to the Style Box - Large Cap Value category of the market, the Invesco Large Cap Value ETF (PWV) is a smart beta exchange traded fund launched on 03/03/2005.

Launched on March 3, 2005, the Invesco Large Cap Value ETF (PWV) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Value segment of the US equity market.

I expect tepid market returns through 2026, with a potential correction of 15-20% between 2027-2029, so downside protection is key. PWV offers decent downside protection and yield, but consistently lags the S&P 500 in risk-adjusted and total returns. PWV is overconcentrated in financials, has only average liquidity, and its expense ratio is higher than SPY's, limiting its appeal.

Making its debut on 03/03/2005, smart beta exchange traded fund Invesco Large Cap Value ETF (PWV) provides investors broad exposure to the Style Box - Large Cap Value category of the market.

PWV offers a concentrated, defensive value strategy, heavily weighted in financials and energy, with low exposure to mega-cap tech stocks. The fund trades at a deep discount (P/E 14.6x) versus the S&P 500, reflecting its sector allocation and underweight to high-growth technology. PWV has delivered strong risk-adjusted returns and low volatility, outperforming value peers but lagging the S&P 500 in growth-driven markets.

The Invesco Large Cap Value ETF (PWV) was launched on 03/03/2005, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Value segment of the US equity market.