AFSM vs. QVMS ETF Comparison

Comparison of Active Factor Small Cap ETF (AFSM) to Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS)
AFSM

Active Factor Small Cap ETF

AFSM Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by small capitalization companies. The manager defines small capitalization companies as those that, at the time of investment, have a market capitalization between a minimum of $250 million and the maximum market capitalization of a widely recognized index of small capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$32.64

Average Daily Volume

15,693

Number of Holdings *

295

* may have additional holdings in another (foreign) market
QVMS

Invesco S&P SmallCap 600 QVM Multi-factor ETF

QVMS Description The investment seeks to track the investment results of the S&P SmallCap 600 ® Quality, Value & Momentum Top 90% Multi- Factor Index (the “underlying index”). The fund will invest at least 90% of its total assets in the securities that comprise the index. S&P Dow Jones Indices LLC compiles, maintains and calculates the index, designed to track the performance of a subset of securities from the S&P SmallCap 600 ® Index that exhibit the investment style criteria of quality, value and momentum. The index is composed of securities with multi-factor scores representing the top 90% of the parent index, as determined by the index provider. It is non-diversified.

Grade (RS Rating)

Last Trade

$29.40

Average Daily Volume

453

Number of Holdings *

523

* may have additional holdings in another (foreign) market
Performance
Period AFSM QVMS
30 Days 7.72% 9.42%
60 Days 6.49% 8.13%
90 Days 6.95% 8.38%
12 Months 33.58% 32.90%
147 Overlapping Holdings
Symbol Grade Weight in AFSM Weight in QVMS Overlap
ABG B 0.25% 0.46% 0.25%
ACIW B 0.02% 0.47% 0.02%
ACLS F 0.02% 0.21% 0.02%
ADUS D 0.4% 0.17% 0.17%
AKR B 0.3% 0.19% 0.19%
ALKS B 0.91% 0.39% 0.39%
ALRM C 0.14% 0.25% 0.14%
AMN F 0.04% 0.09% 0.04%
AMR C 0.42% 0.26% 0.26%
AMWD C 0.5% 0.13% 0.13%
ANDE D 0.05% 0.13% 0.05%
ANIP F 0.35% 0.08% 0.08%
APAM B 0.06% 0.26% 0.06%
APOG B 0.36% 0.15% 0.15%
AROC B 0.69% 0.28% 0.28%
ASO F 0.26% 0.28% 0.26%
ASTH D 0.1% 0.13% 0.1%
ATEN B 0.05% 0.09% 0.05%
ATGE B 0.32% 0.26% 0.26%
AVNS F 0.24% 0.07% 0.07%
AZZ B 0.28% 0.21% 0.21%
BCC B 0.72% 0.47% 0.47%
BHE B 0.28% 0.14% 0.14%
BKE B 0.3% 0.11% 0.11%
BKU A 0.27% 0.25% 0.25%
BLFS C 0.2% 0.07% 0.07%
BMI B 0.63% 0.5% 0.5%
BRC D 0.15% 0.26% 0.15%
BTU B 0.55% 0.24% 0.24%
CAL D 0.36% 0.08% 0.08%
CALM A 0.78% 0.29% 0.29%
CASH A 0.36% 0.16% 0.16%
CEIX A 0.68% 0.28% 0.28%
CHCO B 0.54% 0.15% 0.15%
CNK B 0.32% 0.25% 0.25%
CNXN C 0.35% 0.06% 0.06%
COLL F 0.04% 0.08% 0.04%
COOP B 0.64% 0.51% 0.51%
CORT B 0.57% 0.38% 0.38%
CPRX C 0.88% 0.19% 0.19%
CRS A 0.93% 0.69% 0.69%
CRVL A 0.63% 0.25% 0.25%
CSGS B 0.14% 0.13% 0.13%
CTRE D 0.08% 0.32% 0.08%
CTS C 0.05% 0.14% 0.05%
DFIN D 0.45% 0.12% 0.12%
DNOW B 0.3% 0.13% 0.13%
DXC B 0.29% 0.29% 0.29%
EGBN B 0.56% 0.07% 0.07%
EIG B 0.13% 0.1% 0.1%
EPAC B 0.0% 0.21% 0.0%
ETD C 0.04% 0.05% 0.04%
FBP B 0.33% 0.28% 0.28%
FDP B 0.63% 0.09% 0.09%
FORM D 0.04% 0.26% 0.04%
FTDR A 0.06% 0.33% 0.06%
GEO B 0.57% 0.29% 0.29%
GES F 0.15% 0.04% 0.04%
GFF A 0.12% 0.23% 0.12%
GIII D 0.25% 0.08% 0.08%
GMS B 0.6% 0.31% 0.31%
GRBK D 0.3% 0.14% 0.14%
HCC B 0.28% 0.31% 0.28%
HCI C 0.26% 0.06% 0.06%
HIW D 0.35% 0.26% 0.26%
HLX B 0.23% 0.14% 0.14%
HRMY D 0.35% 0.08% 0.08%
HSII B 0.63% 0.07% 0.07%
HUBG A 0.29% 0.25% 0.25%
HWKN B 0.64% 0.2% 0.2%
IDCC A 1.19% 0.36% 0.36%
IIPR D 0.37% 0.22% 0.22%
INVA D 0.11% 0.08% 0.08%
JXN C 0.72% 0.58% 0.58%
KELYA F 0.14% 0.04% 0.04%
KN B 0.22% 0.14% 0.14%
KRYS B 0.08% 0.33% 0.08%
KSS F 0.06% 0.16% 0.06%
KTB B 0.08% 0.35% 0.08%
LBRT D 0.04% 0.22% 0.04%
LGND B 0.39% 0.15% 0.15%
LMAT A 0.24% 0.16% 0.16%
LPG F 0.32% 0.08% 0.08%
LRN A 0.38% 0.32% 0.32%
MATX C 0.35% 0.46% 0.35%
MCY A 0.67% 0.17% 0.17%
MD B 0.34% 0.09% 0.09%
MHO D 0.76% 0.34% 0.34%
MLI C 1.38% 0.84% 0.84%
MLKN D 0.08% 0.15% 0.08%
MOG.A B 0.34% 0.5% 0.34%
MTH D 0.34% 0.51% 0.34%
NAVI C 0.19% 0.11% 0.11%
NHC C 1.15% 0.15% 0.15%
NMIH D 0.58% 0.24% 0.24%
NSIT F 0.05% 0.35% 0.05%
NTCT C 0.23% 0.14% 0.14%
NX C 0.21% 0.11% 0.11%
ODP F 0.3% 0.07% 0.07%
OFG B 0.54% 0.17% 0.17%
OMI F 0.05% 0.07% 0.05%
OTTR C 0.05% 0.28% 0.05%
PCRX C 0.13% 0.07% 0.07%
PFBC B 0.88% 0.09% 0.09%
PFS B 0.32% 0.23% 0.23%
PHIN A 0.29% 0.19% 0.19%
PINC B 0.47% 0.19% 0.19%
PIPR B 0.25% 0.42% 0.25%
PLAB C 0.42% 0.14% 0.14%
PLUS F 0.51% 0.18% 0.18%
POWL C 0.55% 0.22% 0.22%
PRDO B 0.51% 0.14% 0.14%
PRG C 0.26% 0.17% 0.17%
PRGS A 0.39% 0.22% 0.22%
PRK B 0.59% 0.23% 0.23%
RAMP C 0.1% 0.15% 0.1%
RDN C 0.72% 0.42% 0.42%
RDNT B 0.37% 0.43% 0.37%
REZI A 0.66% 0.31% 0.31%
SANM B 0.65% 0.34% 0.34%
SBH C 0.22% 0.11% 0.11%
SCSC B 0.15% 0.11% 0.11%
SCVL F 0.14% 0.05% 0.05%
SIG B 0.39% 0.35% 0.35%
SKYW B 1.22% 0.35% 0.35%
SLG B 0.65% 0.37% 0.37%
SLVM B 0.62% 0.24% 0.24%
SMP B 0.22% 0.05% 0.05%
SPSC C 0.09% 0.54% 0.09%
STBA B 0.54% 0.13% 0.13%
SUPN C 0.58% 0.17% 0.17%
SWI B 0.03% 0.05% 0.03%
SXC A 0.28% 0.09% 0.09%
TBBK B 0.69% 0.24% 0.24%
TILE B 0.39% 0.12% 0.12%
TNC D 0.18% 0.14% 0.14%
TPH D 0.07% 0.32% 0.07%
TRMK B 0.34% 0.19% 0.19%
TWI F 0.28% 0.03% 0.03%
UCTT D 0.19% 0.13% 0.13%
UFPT B 0.55% 0.19% 0.19%
VIRT B 0.3% 0.23% 0.23%
WABC B 0.21% 0.12% 0.12%
WGO C 0.07% 0.15% 0.07%
WNC C 0.37% 0.07% 0.07%
WT B 0.55% 0.1% 0.1%
XRX F 0.16% 0.08% 0.08%
AFSM Overweight 148 Positions Relative to QVMS
Symbol Grade Weight
SFM A 1.03%
STRL B 0.86%
DAKT B 0.85%
ANF C 0.84%
FIX A 0.84%
EME C 0.82%
CVLT B 0.77%
MTG C 0.76%
UVE B 0.72%
TMHC B 0.7%
GMED A 0.65%
NTB B 0.59%
NHI D 0.57%
BRBR A 0.57%
TGNA B 0.56%
HALO F 0.55%
BXC B 0.55%
ZETA D 0.54%
MUSA A 0.54%
CVNA B 0.54%
COKE C 0.54%
APPF B 0.51%
ACT D 0.51%
KBH D 0.51%
BELFB C 0.51%
DOLE D 0.5%
DDS B 0.5%
PI D 0.49%
LNTH D 0.47%
CSWI A 0.47%
TEX D 0.46%
USLM A 0.44%
HRB D 0.43%
QTWO A 0.42%
HIMS B 0.42%
WFRD D 0.4%
RMR F 0.4%
IESC B 0.39%
BDC B 0.39%
EVER F 0.39%
INMD C 0.38%
VRNT C 0.38%
YOU D 0.37%
LOPE B 0.36%
BLBD D 0.36%
M D 0.36%
ESNT D 0.35%
BPMC C 0.35%
CRAI B 0.35%
PBF D 0.34%
CMC B 0.33%
PDM D 0.32%
YMAB F 0.31%
ATKR C 0.31%
RXST F 0.31%
SCS C 0.31%
CUZ B 0.31%
IBOC A 0.31%
TCMD A 0.3%
SBRA C 0.29%
THFF B 0.29%
SPNS F 0.29%
ADMA B 0.28%
BKH A 0.28%
BNL D 0.28%
CRDO B 0.28%
HURN B 0.28%
ITCI C 0.27%
CCRN F 0.26%
INTA A 0.26%
VRNS D 0.26%
AGX B 0.25%
MEDP D 0.25%
GNK D 0.25%
PRM C 0.25%
HDSN F 0.24%
PSN D 0.24%
MED F 0.23%
IMKTA C 0.22%
HAE C 0.22%
VNDA C 0.22%
NUS D 0.22%
VCTR B 0.21%
INSW F 0.21%
KRC C 0.2%
ENS D 0.2%
PK B 0.2%
DHT F 0.2%
AMKR D 0.2%
EXTR B 0.2%
CMPR D 0.2%
ASC F 0.2%
SGBX F 0.19%
GOGL F 0.19%
AXSM B 0.19%
TMDX F 0.19%
NSSC D 0.19%
TARS B 0.19%
TPC C 0.18%
TGTX B 0.18%
ONTO D 0.18%
SIGA F 0.18%
HOV D 0.17%
SD D 0.17%
HY D 0.17%
ASGN F 0.17%
NVST B 0.17%
STNG F 0.16%
ADNT F 0.16%
METC C 0.15%
VSH D 0.15%
AIT A 0.14%
HROW D 0.14%
OSCR D 0.14%
CWCO C 0.14%
AYI B 0.14%
NECB B 0.14%
CECO A 0.14%
MOV C 0.13%
ALKT B 0.13%
TWST D 0.12%
CLW F 0.12%
MRVI F 0.12%
YEXT A 0.11%
AMCX C 0.11%
CHRD D 0.11%
MAX F 0.1%
CGEM F 0.09%
PEBK B 0.08%
ATLO D 0.07%
GRND A 0.06%
JWN C 0.06%
AMPH D 0.05%
REVG B 0.05%
SWX B 0.05%
OGS A 0.05%
PHR F 0.04%
TDC D 0.04%
HE C 0.04%
SEMR B 0.04%
EOLS D 0.04%
JBI F 0.03%
VITL D 0.03%
EMBC C 0.03%
RYI C 0.03%
PGNY F 0.02%
MITK C 0.0%
MAIN A 0.0%
AFSM Underweight 376 Positions Relative to QVMS
Symbol Grade Weight
CMA A -0.71%
RHI B -0.59%
GKOS B -0.56%
ATI D -0.55%
VFC C -0.53%
AWI A -0.53%
LNC B -0.5%
AVAV D -0.48%
FSS B -0.47%
BCPC B -0.47%
GPI A -0.46%
ALK C -0.46%
SM B -0.45%
MARA C -0.45%
MMSI B -0.44%
EPRT B -0.43%
MC C -0.43%
ITRI B -0.42%
SEE C -0.42%
AL B -0.42%
ACA A -0.41%
MGY A -0.41%
IBP D -0.4%
EAT A -0.4%
DY D -0.39%
SFBS B -0.38%
AGO B -0.37%
WHD B -0.36%
ABCB B -0.36%
ITGR B -0.36%
FELE B -0.35%
AEIS B -0.35%
AX A -0.35%
GTES A -0.35%
SHAK C -0.35%
PECO A -0.35%
FUL F -0.34%
PBH A -0.33%
OGN D -0.33%
GVA A -0.33%
PLXS B -0.33%
NOG A -0.33%
RUSHA C -0.32%
KFY B -0.32%
SEM B -0.32%
BGC C -0.32%
FULT A -0.32%
CRC B -0.31%
ABM B -0.31%
AUB B -0.31%
MAC B -0.31%
UCB A -0.31%
DORM B -0.3%
CBU B -0.3%
JBT B -0.3%
VRRM D -0.3%
WDFC B -0.3%
CATY B -0.3%
WD D -0.29%
WSFS A -0.29%
MGEE C -0.29%
SKT B -0.29%
BOOT D -0.28%
SITM B -0.28%
PJT A -0.28%
CVCO A -0.28%
ESE B -0.28%
FHB A -0.28%
NPO A -0.28%
HP B -0.27%
RXO C -0.27%
AEO F -0.27%
APLE B -0.27%
STEP B -0.27%
GNW A -0.26%
ICUI D -0.26%
IAC D -0.26%
SXT B -0.26%
BFH B -0.26%
CVBF A -0.25%
SFNC B -0.25%
TDW F -0.25%
CCOI B -0.25%
INDB B -0.25%
TRN C -0.25%
IOSP B -0.25%
ARCH B -0.25%
PENN C -0.25%
NWL B -0.25%
OII B -0.25%
AWR B -0.24%
SHOO D -0.24%
ENVA B -0.24%
GSHD A -0.24%
TDS B -0.24%
BXMT C -0.24%
VSCO B -0.24%
ENV B -0.24%
BL B -0.24%
CWEN C -0.24%
SMPL B -0.24%
BOH B -0.24%
AVA A -0.23%
PTEN C -0.23%
HASI D -0.23%
CWT D -0.23%
VCEL B -0.23%
LCII C -0.23%
UNF B -0.23%
DEI B -0.23%
AAP C -0.22%
DIOD D -0.22%
ABR C -0.22%
PPBI B -0.22%
HI C -0.22%
CARG C -0.22%
FFBC A -0.22%
PAYO A -0.21%
B B -0.21%
JJSF B -0.21%
MTRN C -0.21%
MYRG B -0.21%
UE C -0.21%
PATK D -0.21%
PLMR B -0.21%
CPK A -0.21%
SNEX B -0.21%
HNI B -0.21%
ARCB C -0.21%
KLIC B -0.21%
AIN C -0.21%
CWK B -0.21%
HBI B -0.21%
MTX B -0.21%
LXP D -0.21%
SXI B -0.2%
CCS D -0.2%
SBCF A -0.2%
WAFD B -0.2%
WERN C -0.2%
IPAR B -0.2%
NBTB B -0.2%
VSTO A -0.2%
TTMI B -0.2%
CNS B -0.2%
BANR B -0.2%
AGYS A -0.2%
KWR C -0.19%
PRVA B -0.19%
FL F -0.19%
RNST B -0.19%
ENR B -0.19%
OSIS B -0.19%
CXW B -0.19%
YELP C -0.19%
VIAV B -0.18%
PSMT C -0.18%
KMT B -0.18%
KAR B -0.18%
TFIN A -0.18%
MPW F -0.18%
IBTX B -0.18%
CAKE C -0.18%
FCPT C -0.18%
CNMD C -0.17%
CENTA C -0.17%
JBLU F -0.17%
GBX A -0.17%
STRA C -0.17%
LGIH D -0.17%
ROIC A -0.17%
SATS D -0.17%
AIR B -0.17%
MRCY B -0.17%
PTGX C -0.17%
ROCK C -0.17%
EVTC B -0.17%
URBN C -0.17%
NEO C -0.16%
STC B -0.16%
GO C -0.16%
CABO C -0.16%
ALG B -0.16%
HAYW B -0.16%
FBK B -0.16%
OI C -0.16%
SHO C -0.16%
EPC D -0.15%
TALO C -0.15%
TRUP B -0.15%
NBHC B -0.15%
FBNC A -0.15%
NWBI B -0.15%
FTRE D -0.15%
FCF A -0.15%
LKFN B -0.15%
DRH B -0.15%
VECO F -0.14%
VSTS C -0.14%
BANF B -0.14%
HMN B -0.14%
JOE F -0.14%
WWW B -0.14%
CALX D -0.14%
LZB B -0.14%
IART C -0.14%
SONO C -0.14%
ROG D -0.14%
XHR B -0.13%
LTC B -0.13%
CUBI C -0.13%
VBTX B -0.13%
PDCO D -0.13%
WKC D -0.13%
TRIP F -0.13%
HOPE B -0.13%
VRTS B -0.13%
SCL C -0.13%
MYGN F -0.12%
THRM D -0.12%
GTY B -0.12%
PEB D -0.12%
HTH B -0.12%
NWN A -0.12%
THS D -0.12%
CHEF A -0.12%
SJW D -0.12%
UPBD B -0.12%
KALU C -0.11%
USPH B -0.11%
GNL F -0.11%
SPNT A -0.11%
LNN B -0.11%
ELME D -0.11%
STAA F -0.11%
HLIT D -0.11%
WS B -0.11%
DEA D -0.1%
JBGS D -0.1%
VICR B -0.1%
BLMN F -0.1%
DGII B -0.1%
WOR F -0.1%
MODG F -0.1%
DAN D -0.1%
UNFI A -0.1%
CRK B -0.1%
SAFT C -0.1%
COHU C -0.1%
BHLB B -0.1%
UVV B -0.1%
AAT B -0.1%
ALEX C -0.1%
SNDR B -0.09%
PARR D -0.09%
ICHR C -0.09%
FIZZ C -0.09%
CBRL C -0.09%
ARLO C -0.09%
PMT D -0.09%
RC D -0.09%
OXM D -0.09%
BRKL B -0.09%
AMSF B -0.09%
AORT B -0.09%
MSEX B -0.09%
XNCR B -0.09%
CARS B -0.09%
CENX B -0.09%
ARI C -0.09%
NVEE F -0.09%
DCOM A -0.09%
CERT F -0.09%
PLAY D -0.09%
PRLB A -0.08%
MRTN C -0.08%
TMP B -0.08%
MMI B -0.08%
VVI C -0.08%
EFC C -0.08%
DXPE B -0.08%
PRAA C -0.08%
VTOL B -0.08%
KLG C -0.08%
VTLE C -0.08%
NXRT B -0.08%
SBSI B -0.08%
CLB B -0.08%
CSR B -0.08%
CXM C -0.08%
FBRT C -0.08%
DLX B -0.08%
MCRI A -0.08%
QNST B -0.08%
SAH A -0.08%
ALGT B -0.08%
CPF A -0.07%
KOP C -0.07%
EYE C -0.07%
CFFN B -0.07%
HCSG C -0.07%
BJRI B -0.07%
PRA C -0.07%
BDN C -0.07%
ASTE B -0.07%
RWT D -0.07%
MNRO D -0.07%
HFWA B -0.07%
XPEL C -0.07%
UTL B -0.07%
EXPI C -0.07%
GDEN B -0.06%
TRST A -0.06%
REX D -0.06%
AHH D -0.06%
AHCO F -0.06%
NBR C -0.06%
HAYN C -0.06%
JBSS D -0.06%
NABL F -0.06%
MCW B -0.06%
HSTM B -0.06%
MATW C -0.06%
SSTK F -0.06%
HAFC A -0.06%
GPRE F -0.06%
AXL C -0.06%
AOSL C -0.06%
MGPI F -0.06%
RCUS F -0.06%
ASIX A -0.06%
HTZ C -0.05%
VSAT F -0.05%
HAIN C -0.05%
CEVA B -0.05%
HZO D -0.05%
CTKB C -0.05%
MTUS C -0.05%
SPTN D -0.05%
CVI F -0.05%
KREF D -0.05%
IIIN C -0.05%
SCHL D -0.05%
NVRI F -0.05%
RGR F -0.05%
SHEN F -0.05%
EZPW A -0.05%
WSR A -0.05%
MATV D -0.05%
PUMP B -0.05%
INN D -0.05%
USNA C -0.04%
RGNX F -0.04%
SVC F -0.04%
MYE F -0.04%
GDOT D -0.04%
BGS F -0.04%
GOGO C -0.04%
PAHC C -0.04%
BFS C -0.04%
SLP D -0.04%
UHT D -0.04%
TR B -0.04%
HPP F -0.04%
UFCS B -0.04%
LQDT B -0.04%
RES D -0.04%
SNCY C -0.04%
HTLD B -0.04%
MLAB D -0.04%
AMBC C -0.04%
CRSR C -0.03%
FLGT F -0.03%
NPK B -0.03%
WRLD C -0.03%
THRY F -0.03%
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