AFSM vs. XSVM ETF Comparison

Comparison of Active Factor Small Cap ETF (AFSM) to Invesco S&P SmallCap Value with Momentum ETF (XSVM)

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

$30.35

Average Daily Volume

6,315

Number of Holdings ^*

295

* may have additional holdings in another (foreign) market

XSVM

Invesco S&P SmallCap Value with Momentum ETF

XSVM Description

The investment seeks to track the investment results (before fees and expenses) of the S&P SmallCap 600 High Momentum Value Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, the index provider compiles, maintains and calculates the underlying index, which is designed to track the performance of approximately 120 stocks in the S&P SmallCap 600® that have the highest “value” and “momentum” scores.

Grade (RS Rating)

Last Trade

$53.82

Average Daily Volume

71,681

Number of Holdings ^*

112

* may have additional holdings in another (foreign) market

Performance

Period	AFSM	XSVM
30 Days	-0.64%	-4.13%
60 Days	4.49%	-1.35%
90 Days	7.39%	3.27%
12 Months	26.93%	16.80%

56 Overlapping Holdings

Symbol	Grade	Weight in AFSM	Weight in XSVM	Overlap
ABG	D	0.25%	1.17%	0.25%
AMR	F	0.42%	0.5%	0.42%
AMWD	B	0.5%	0.83%	0.5%
ANDE	D	0.05%	1.39%	0.05%
BCC	C	0.77%	0.68%	0.68%
BHE	C	0.27%	0.84%	0.27%
BKU	D	0.25%	1.04%	0.25%
CAL	F	0.42%	0.92%	0.42%
CALM	B	0.63%	0.78%	0.63%
CASH	D	0.3%	0.74%	0.3%
CEIX	B	0.59%	0.74%	0.59%
CLW	F	0.14%	0.56%	0.14%
CNXN	C	0.39%	0.74%	0.39%
COOP	B	0.61%	0.76%	0.61%
DNOW	F	0.26%	0.82%	0.26%
EIG	B	0.12%	0.96%	0.12%
GEO	F	0.27%	0.7%	0.27%
GES	F	0.19%	0.83%	0.19%
GIII	C	0.27%	1.37%	0.27%
GMS	C	0.56%	0.59%	0.56%
GRBK	C	0.37%	0.93%	0.37%
HCC	B	0.26%	0.6%	0.26%
HSII	C	0.54%	0.84%	0.54%
HUBG	D	0.27%	0.7%	0.27%
INVA	B	0.11%	0.84%	0.11%
JXN	A	0.68%	1.48%	0.68%
KELYA	D	0.23%	1.75%	0.23%
KSS	D	0.08%	1.68%	0.08%
LBRT	F	0.04%	0.54%	0.04%
LPG	F	0.44%	0.48%	0.44%
MCY	B	0.6%	0.84%	0.6%
MHO	C	0.84%	1.14%	0.84%
MLKN	F	0.08%	0.72%	0.08%
MOV	F	0.13%	0.59%	0.13%
MTH	C	0.4%	0.93%	0.4%
NMIH	C	0.65%	0.83%	0.65%
NX	F	0.2%	0.57%	0.2%
ODP	F	0.34%	1.02%	0.34%
OFG	D	0.58%	0.76%	0.58%
OMI	F	0.07%	1.08%	0.07%
PFBC	D	0.78%	0.73%	0.73%
PHIN	C	0.27%	0.93%	0.27%
RDN	D	0.78%	0.85%	0.78%
SANM	D	0.6%	0.8%	0.6%
SCSC	D	0.15%	1.11%	0.15%
SCVL	D	0.18%	0.75%	0.18%
SIG	C	0.41%	0.67%	0.41%
SKYW	B	0.98%	0.65%	0.65%
STBA	D	0.55%	1.06%	0.55%
SXC	F	0.2%	0.79%	0.2%
TILE	C	0.29%	0.76%	0.29%
TPH	C	0.07%	0.91%	0.07%
TRMK	D	0.29%	0.8%	0.29%
TWI	F	0.34%	1.4%	0.34%
WABC	F	0.19%	0.63%	0.19%
WGO	D	0.07%	0.77%	0.07%

AFSM Overweight 239 Positions Relative to XSVM

Symbol	Grade	Weight
NHC	D	1.21%
MLI	C	1.13%
IDCC	A	0.94%
ALKS	B	0.92%
ANF	F	0.88%
CPRX	C	0.86%
TNK	B	0.85%
CRS	C	0.83%
MTG	B	0.81%
SFM	A	0.81%
DAKT	D	0.78%
UVE	C	0.75%
FIX	A	0.73%
ZETA	B	0.72%
TMHC	C	0.72%
CVLT	C	0.71%
HALO	D	0.71%
EME	C	0.71%
TBBK	C	0.68%
STRL	B	0.68%
HWKN	A	0.65%
BMI	A	0.65%
NHI	C	0.64%
PLUS	C	0.64%
UFPT	D	0.62%
NTB	D	0.61%
SLVM	C	0.61%
AROC	B	0.6%
PI	B	0.6%
CRVL	C	0.6%
SLG	C	0.6%
LNTH	C	0.59%
DOLE	C	0.58%
COKE	B	0.58%
ACT	C	0.57%
GMED	D	0.57%
KBH	C	0.57%
BELFB	B	0.56%
FDP	C	0.56%
BTU	B	0.55%
MUSA	D	0.54%
APPF	C	0.54%
PRK	D	0.53%
DFIN	C	0.51%
SUPN	D	0.51%
REZI	D	0.51%
CHCO	D	0.51%
HRB	C	0.5%
TGNA	B	0.5%
BXC	D	0.5%
IIPR	C	0.5%
DDS	D	0.49%
TEX	F	0.48%
BRBR	C	0.48%
BLBD	D	0.48%
POWL	A	0.47%
RMR	B	0.47%
CORT	B	0.46%
EGBN	B	0.46%
YOU	C	0.46%
CSWI	B	0.45%
EVER	D	0.45%
PLAB	D	0.45%
ADUS	D	0.45%
PINC	F	0.44%
PRDO	D	0.44%
VRNT	F	0.43%
HRMY	D	0.43%
WFRD	F	0.42%
SPNS	C	0.41%
ESNT	C	0.41%
CVNA	A	0.4%
M	F	0.4%
BDC	B	0.4%
PRGS	B	0.4%
YMAB	B	0.39%
WNC	F	0.39%
ANIP	F	0.38%
CCRN	F	0.37%
INMD	F	0.37%
TMDX	D	0.37%
HIW	C	0.37%
PDM	C	0.36%
LGND	D	0.36%
HDSN	D	0.35%
BPMC	F	0.35%
PBF	F	0.35%
FBP	D	0.35%
RXST	F	0.35%
HIMS	B	0.35%
ASO	D	0.35%
MATX	C	0.34%
LOPE	D	0.33%
SCS	D	0.33%
MOG.A	A	0.33%
AVNS	D	0.33%
QTWO	C	0.33%
BNL	C	0.32%
LRN	C	0.32%
RDNT	C	0.32%
APOG	B	0.32%
CRAI	C	0.32%
ATKR	F	0.32%
CUZ	C	0.31%
ASC	D	0.31%
USLM	C	0.31%
VRNS	C	0.31%
CMC	D	0.31%
SBRA	C	0.3%
IESC	B	0.3%
PRMW	C	0.3%
PFS	D	0.29%
AKR	C	0.29%
BKE	D	0.29%
DXC	D	0.29%
GNK	B	0.29%
IBOC	D	0.28%
MD	B	0.28%
BKH	C	0.28%
CNK	C	0.28%
ATGE	D	0.28%
PRG	C	0.28%
TCMD	B	0.28%
THFF	D	0.27%
INSW	B	0.27%
PSN	A	0.27%
HCI	B	0.27%
AZZ	C	0.27%
ONTO	B	0.26%
PRM	B	0.26%
ADMA	C	0.26%
VIRT	B	0.26%
HURN	D	0.26%
MEDP	F	0.26%
AMKR	F	0.26%
MED	F	0.25%
ITCI	D	0.24%
SMP	D	0.24%
IMKTA	F	0.24%
KN	C	0.23%
HLX	D	0.23%
NTCT	B	0.23%
SBH	C	0.23%
NUS	F	0.22%
STNG	D	0.22%
LMAT	B	0.22%
DHT	B	0.22%
UCTT	D	0.22%
ENS	D	0.22%
GOGL	B	0.22%
PIPR	B	0.22%
CMPR	F	0.22%
VNDA	F	0.22%
MRVI	F	0.22%
INTA	C	0.22%
NSSC	F	0.22%
EXTR	C	0.21%
ADNT	D	0.21%
HAE	D	0.21%
TNC	F	0.21%
CRDO	B	0.21%
SIGA	F	0.21%
PK	D	0.21%
BLFS	D	0.2%
ASGN	D	0.2%
NAVI	D	0.2%
HY	F	0.2%
XRX	D	0.2%
KRC	C	0.2%
HOV	D	0.2%
AXSM	B	0.19%
VSH	F	0.19%
VCTR	B	0.18%
SGBX	F	0.18%
BRC	C	0.17%
NVST	D	0.17%
SD	F	0.17%
AGX	A	0.17%
OSCR	C	0.17%
TPC	A	0.16%
HROW	B	0.15%
CWCO	F	0.14%
ASTH	A	0.14%
METC	D	0.14%
TWST	D	0.14%
TGTX	C	0.14%
CECO	D	0.14%
TARS	C	0.14%
MAX	B	0.14%
AYI	A	0.13%
NECB	C	0.13%
ALRM	F	0.13%
PCRX	F	0.12%
CHRD	F	0.12%
AIT	B	0.12%
CGEM	F	0.12%
CSGS	C	0.12%
ALKT	D	0.11%
AMCX	F	0.1%
GFF	C	0.1%
SPSC	D	0.1%
RAMP	F	0.09%
YEXT	B	0.09%
CTRE	B	0.08%
KRYS	D	0.08%
KTB	B	0.08%
NSIT	B	0.07%
COLL	B	0.06%
VSTO	D	0.06%
EOLS	B	0.06%
JWN	D	0.06%
AMN	F	0.06%
REVG	D	0.05%
OTTR	F	0.05%
SEMR	C	0.05%
ATEN	B	0.05%
ETH	F	0.05%
SWX	C	0.05%
FORM	F	0.05%
GRND	D	0.05%
FTDR	C	0.05%
CTS	B	0.05%
APAM	C	0.05%
OGS	C	0.05%
AMPH	C	0.05%
VITL	B	0.04%
JBI	F	0.04%
HE	F	0.04%
TDC	D	0.04%
PHR	F	0.04%
RYI	F	0.03%
ACLS	F	0.03%
PGNY	F	0.03%
SWI	C	0.03%
EMBC	F	0.03%
ACIW	B	0.02%
MITK	F	0.0%
MAIN	B	0.0%
EPAC	C	0.0%

AFSM Underweight 56 Positions Relative to XSVM

Symbol	Grade	Weight
GPI	C	-1.68%
SNEX	C	-1.61%
SAH	D	-1.3%
LNC	D	-1.25%
EZPW	D	-1.23%
SPNT	D	-1.14%
VBTX	C	-1.14%
PARR	F	-1.13%
CCS	C	-1.11%
AGO	B	-1.05%
RUSHA	D	-1.03%
CPF	C	-1.01%
FCF	D	-0.97%
ABM	D	-0.95%
AL	D	-0.93%
CUBI	F	-0.92%
PMT	C	-0.91%
ABCB	C	-0.9%
CVI	F	-0.9%
GBX	C	-0.86%
ENVA	D	-0.86%
ABR	C	-0.85%
LZB	C	-0.83%
WSFS	D	-0.82%
DXPE	C	-0.81%
FULT	D	-0.8%
STC	C	-0.8%
FHB	D	-0.8%
AX	D	-0.8%
TDS	B	-0.79%
KOP	F	-0.77%
EFC	D	-0.77%
NVRI	D	-0.77%
ETD	C	-0.76%
HMN	B	-0.75%
CXW	F	-0.74%
SHO	D	-0.73%
CENX	B	-0.72%
PSMT	B	-0.71%
PUMP	F	-0.71%
CENTA	F	-0.7%
DLX	F	-0.66%
VTOL	D	-0.65%
CRC	B	-0.62%
TTMI	D	-0.61%
MYE	F	-0.59%
NOG	F	-0.59%
URBN	F	-0.58%
HP	F	-0.58%
REX	D	-0.58%
BLMN	F	-0.54%
ARCH	D	-0.53%
WOR	F	-0.52%
SM	F	-0.51%
KALU	D	-0.51%
MTUS	F	-0.49%