Should Invesco Large Cap Value ETF (PWV) Be on Your Investing Radar?

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.

Zacks Investment Research • Nov 12, 2025

Is Invesco Large Cap Value ETF (PWV) a Strong ETF Right Now?

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.

Zacks Investment Research • Oct 22, 2025

PWV: Not Excited About This One

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.

Seeking Alpha • Sep 10, 2025

PWV: A Defensive Play Trading At Low Valuation

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.

Seeking Alpha • Aug 10, 2025

Regarding Value ETFs, Purity Matters

Value stocks and related ETFs have been decent performers of late. They've been generating buzz for a group of equities that long trailed growth stocks.

ETF Trends • Jun 4, 2025

PWV: Right Time, Right Place, Right Sector Mix

Growth may underperform value soon, making the Invesco Large Cap Value ETF a viable option. The PWV ETF tracks the Dynamic Large Cap Value Intellidex Index, with top holdings in diverse sectors like biopharmaceuticals and telecommunications. PWV outperforms similar value funds, with unique sector allocations and rules-based selection process, but may be volatile and subject to market swings.

Seeking Alpha • Jul 19, 2024

PWV: A Growth-Agnostic Bet On Undervalued Bellwethers

Index-based PWV is a rather concentrated bet on undervalued old-economy bellwethers. Investors seeking low-EV/EBITDA, high-EY large-cap and especially mega-cap names will find them aplenty in this portfolio. Quality investors will likely not be disappointed with this mix, in sharp contrast to growth- or GARP-style enthusiasts.

Seeking Alpha • May 1, 2024

Time for Value ETFs as March Rate Cut Unlikely?

The Fed seeks more confidence in falling inflation before considering a rate cut. This approach, while prudent from an inflation containment perspective, has led to uncertainty and caution on Wall Street.

Zacks Investment Research • Feb 1, 2024

2 ETFs to Watch for Outsized Volume on Large-Cap Value & Leveraged China

Two ETFs PWV and XPP traded with an outsized volume on Friday.

Zacks Investment Research • Aug 14, 2023

Is Invesco Dynamic Large Cap Value ETF (PWV) a Strong ETF Right Now?

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

Zacks Investment Research • Jul 24, 2023