IWP vs. QVMM ETF Comparison

Comparison of iShares Russell Midcap Growth ETF (IWP) to Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM)

IWP

iShares Russell Midcap Growth ETF

IWP Description

The investment seeks to track the investment results of an index composed of mid-capitalization U.S. equities that exhibit growth characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Russell Midcap Growth Index (the "underlying index"), which measures the performance of the mid-capitalization growth sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$134.36

Average Daily Volume

1,023,862

Number of Holdings ^*

286

* may have additional holdings in another (foreign) market

QVMM

Invesco S&P MidCap 400 QVM Multi-factor ETF

QVMM Description

The investment seeks to track the investment results of the S&P MidCap 400 Â® Quality, Value & Momentum Top 90% Multi- Factor Index (the âunderlying indexâ). 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, which is designed to track the performance of a subset of securities from the S&P MidCap 400 Â® 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

$30.95

Average Daily Volume

1,061

Number of Holdings ^*

352

* may have additional holdings in another (foreign) market

Performance

Period	IWP	QVMM
30 Days	12.16%	7.21%
60 Days	14.69%	7.30%
90 Days	17.57%	8.34%
12 Months	40.60%	33.49%

80 Overlapping Holdings

Symbol	Grade	Weight in IWP	Weight in QVMM	Overlap
AAON	B	0.3%	0.33%	0.3%
ALLY	C	0.04%	0.46%	0.04%
AM	A	0.06%	0.19%	0.06%
APPF	B	0.17%	0.18%	0.17%
BLD	D	0.03%	0.44%	0.03%
BRKR	D	0.12%	0.2%	0.12%
BURL	A	0.56%	0.61%	0.56%
BWXT	B	0.08%	0.44%	0.08%
CASY	A	0.08%	0.52%	0.08%
CELH	F	0.15%	0.16%	0.15%
CGNX	C	0.01%	0.26%	0.01%
CHDN	B	0.32%	0.33%	0.32%
CHE	D	0.03%	0.31%	0.03%
CIVI	D	0.05%	0.19%	0.05%
CLF	F	0.06%	0.22%	0.06%
CNM	D	0.17%	0.31%	0.17%
CROX	D	0.03%	0.24%	0.03%
CSL	C	0.09%	0.8%	0.09%
DKS	C	0.03%	0.47%	0.03%
DOCS	C	0.01%	0.23%	0.01%
DUOL	A	0.37%	0.4%	0.37%
EME	C	0.3%	0.84%	0.3%
EQH	B	0.41%	0.56%	0.41%
EXEL	B	0.27%	0.35%	0.27%
EXP	A	0.25%	0.38%	0.25%
FIX	A	0.51%	0.59%	0.51%
FND	C	0.13%	0.41%	0.13%
H	B	0.03%	0.26%	0.03%
HLI	B	0.03%	0.35%	0.03%
HRB	D	0.05%	0.29%	0.05%
JEF	A	0.12%	0.47%	0.12%
JLL	D	0.13%	0.44%	0.13%
KBR	F	0.02%	0.32%	0.02%
KNSL	B	0.33%	0.4%	0.33%
LAMR	D	0.09%	0.4%	0.09%
LECO	B	0.1%	0.46%	0.1%
LII	A	0.64%	0.73%	0.64%
LNW	D	0.27%	0.29%	0.27%
LOPE	B	0.05%	0.18%	0.05%
LPX	B	0.16%	0.26%	0.16%
LSCC	D	0.19%	0.26%	0.19%
MANH	D	0.54%	0.6%	0.54%
MASI	A	0.12%	0.26%	0.12%
MEDP	D	0.26%	0.29%	0.26%
MORN	B	0.29%	0.32%	0.29%
MTDR	B	0.02%	0.27%	0.02%
MUSA	A	0.32%	0.35%	0.32%
NBIX	C	0.38%	0.46%	0.38%
NXST	C	0.06%	0.19%	0.06%
OLED	D	0.13%	0.24%	0.13%
ONTO	D	0.07%	0.31%	0.07%
PCTY	B	0.28%	0.32%	0.28%
PFGC	B	0.06%	0.49%	0.06%
PPC	C	0.01%	0.08%	0.01%
PR	B	0.07%	0.3%	0.07%
PSTG	D	0.42%	0.58%	0.42%
RGEN	D	0.03%	0.27%	0.03%
RLI	B	0.01%	0.25%	0.01%
RPM	A	0.13%	0.61%	0.13%
RYAN	B	0.24%	0.26%	0.24%
SAIA	B	0.26%	0.45%	0.26%
SAM	C	0.02%	0.1%	0.02%
SKX	D	0.02%	0.3%	0.02%
SSD	D	0.02%	0.29%	0.02%
TPL	A	0.83%	0.99%	0.83%
TPX	B	0.3%	0.36%	0.3%
TREX	C	0.24%	0.27%	0.24%
TTEK	F	0.08%	0.39%	0.08%
TXRH	C	0.43%	0.49%	0.43%
VVV	F	0.18%	0.21%	0.18%
WEN	D	0.05%	0.11%	0.05%
WEX	D	0.02%	0.26%	0.02%
WFRD	D	0.19%	0.25%	0.19%
WH	B	0.02%	0.28%	0.02%
WING	D	0.3%	0.34%	0.3%
WMS	D	0.11%	0.34%	0.11%
WSM	B	0.32%	0.59%	0.32%
WU	D	0.01%	0.13%	0.01%
XPO	B	0.55%	0.68%	0.55%
YETI	C	0.03%	0.12%	0.03%

IWP Overweight 206 Positions Relative to QVMM

Symbol	Grade	Weight
PLTR	B	4.32%
APP	B	2.49%
TTD	B	1.7%
AMP	A	1.68%
COIN	C	1.65%
VST	B	1.6%
FICO	B	1.48%
GWW	B	1.45%
AXON	A	1.41%
VRT	B	1.41%
TRGP	B	1.4%
ODFL	B	1.38%
COR	B	1.3%
VRSK	A	1.3%
IT	C	1.29%
FAST	B	1.29%
DDOG	A	1.23%
IDXX	F	1.13%
HUBS	A	1.08%
VEEV	C	1.03%
HLT	A	1.02%
ARES	A	1.0%
DXCM	D	0.99%
TSCO	D	0.97%
CPNG	D	0.93%
MPWR	F	0.88%
NET	B	0.88%
DECK	A	0.87%
HES	B	0.86%
ALNY	D	0.86%
MSCI	C	0.86%
RBLX	C	0.85%
GDDY	A	0.84%
CPAY	A	0.81%
LNG	B	0.81%
BR	A	0.8%
SYY	B	0.76%
LPLA	A	0.76%
EXPE	B	0.75%
TYL	B	0.7%
CLX	B	0.68%
LYV	A	0.67%
SQ	B	0.64%
MDB	C	0.64%
RCL	A	0.62%
IRM	D	0.62%
BAH	F	0.62%
ZS	C	0.6%
TOST	B	0.59%
DKNG	B	0.59%
PODD	C	0.59%
CAH	B	0.56%
LVS	C	0.55%
HEI	B	0.55%
PINS	D	0.55%
PAYX	C	0.54%
NTRA	B	0.54%
DOCU	A	0.52%
DT	C	0.5%
SPG	B	0.49%
ULTA	F	0.49%
TER	D	0.48%
ENTG	D	0.48%
PWR	A	0.47%
YUM	B	0.47%
PTC	A	0.45%
WST	C	0.45%
ROL	B	0.45%
POOL	C	0.44%
URI	B	0.44%
WAT	B	0.42%
HEI	B	0.39%
CDW	F	0.39%
BRO	B	0.38%
NCLH	B	0.37%
OWL	A	0.37%
VLTO	D	0.37%
CAVA	B	0.35%
ROST	C	0.35%
MOH	F	0.35%
NTAP	C	0.35%
DRI	B	0.34%
ALGN	D	0.32%
SRPT	D	0.31%
VMC	B	0.31%
CVNA	B	0.3%
SMCI	F	0.3%
RMD	C	0.3%
PEN	B	0.29%
ITCI	C	0.28%
HPQ	B	0.28%
NRG	B	0.26%
ENPH	F	0.26%
ALL	A	0.26%
DVA	B	0.26%
HAS	D	0.25%
PCOR	B	0.24%
SMAR	A	0.24%
ESTC	C	0.23%
PAYC	B	0.23%
GTLB	B	0.23%
GWRE	A	0.23%
CFLT	B	0.22%
GLOB	B	0.21%
ELF	C	0.21%
FDS	B	0.21%
BSY	D	0.21%
AVY	D	0.2%
FWONK	B	0.2%
EFX	F	0.2%
TW	A	0.19%
FOUR	B	0.19%
MTN	C	0.18%
LAZ	B	0.18%
INSP	D	0.17%
MKL	A	0.17%
VKTX	F	0.17%
DPZ	C	0.17%
OKTA	C	0.17%
GNRC	B	0.17%
NTNX	A	0.16%
IONS	F	0.16%
PLNT	A	0.15%
LYFT	C	0.15%
AZEK	A	0.15%
PATH	C	0.15%
ZBRA	B	0.14%
AJG	B	0.14%
PEGA	A	0.13%
IQV	D	0.13%
RARE	D	0.13%
EXAS	D	0.12%
HCP	B	0.12%
FIVE	F	0.12%
ETSY	D	0.12%
TWLO	A	0.11%
MSTR	C	0.11%
HSY	F	0.11%
CHH	A	0.11%
GEHC	F	0.11%
LW	C	0.11%
RNG	B	0.1%
ROK	B	0.1%
EG	C	0.09%
UHAL	D	0.09%
FERG	B	0.09%
APLS	D	0.09%
HWM	A	0.09%
EXPD	D	0.09%
FIVN	C	0.09%
TDC	D	0.09%
U	C	0.08%
SITE	D	0.08%
LBRDK	C	0.08%
MLM	B	0.07%
BROS	B	0.07%
NCNO	B	0.07%
CE	F	0.07%
BILL	A	0.07%
CACC	D	0.07%
FRPT	B	0.07%
AWI	A	0.07%
SOFI	A	0.07%
WSC	D	0.06%
BLDR	D	0.06%
DBX	B	0.06%
VNOM	A	0.05%
DV	C	0.05%
EQT	B	0.05%
S	B	0.04%
JBL	B	0.04%
DAY	B	0.04%
TKO	B	0.04%
ROKU	D	0.04%
SN	D	0.04%
TPG	A	0.04%
LOAR	A	0.03%
EPAM	C	0.03%
KMX	B	0.03%
BFAM	D	0.03%
RH	B	0.03%
TXG	F	0.03%
VRSN	F	0.03%
DJT	C	0.03%
TRU	D	0.03%
SPR	D	0.02%
UI	A	0.02%
FWONA	B	0.02%
CAR	C	0.02%
AAL	B	0.02%
WYNN	D	0.02%
BPOP	B	0.02%
INCY	C	0.02%
FTRE	D	0.01%
CC	C	0.01%
UHAL	D	0.01%
SEE	C	0.01%
NFE	D	0.01%
IRDM	D	0.01%
MSGS	A	0.01%
LBRDA	C	0.01%
UWMC	D	0.01%
MKSI	C	0.01%
ALAB	B	0.0%
TRIP	F	0.0%
PYCR	C	0.0%

IWP Underweight 272 Positions Relative to QVMM

Symbol	Grade	Weight
IBKR	A	-0.71%
RS	B	-0.66%
UTHR	C	-0.64%
OC	A	-0.63%
RBA	A	-0.61%
WSO	A	-0.61%
TOL	B	-0.59%
THC	D	-0.59%
FNF	B	-0.57%
RGA	A	-0.56%
EWBC	A	-0.55%
USFD	A	-0.54%
ACM	A	-0.54%
GGG	B	-0.54%
SFM	A	-0.52%
CW	B	-0.51%
COHR	B	-0.49%
AVTR	F	-0.49%
RNR	C	-0.48%
GLPI	C	-0.47%
ITT	A	-0.47%
UNM	A	-0.47%
BMRN	D	-0.47%
CLH	B	-0.46%
RRX	B	-0.46%
NVT	B	-0.46%
OVV	B	-0.44%
SF	B	-0.44%
SCI	B	-0.43%
ATR	B	-0.42%
BJ	A	-0.42%
FHN	A	-0.42%
AMH	D	-0.42%
WPC	D	-0.41%
LAD	A	-0.41%
CACI	D	-0.4%
WBS	A	-0.39%
EVR	B	-0.39%
PRI	A	-0.38%
AIT	A	-0.38%
CIEN	B	-0.38%
AA	B	-0.38%
CCK	C	-0.38%
CUBE	D	-0.37%
PNFP	B	-0.37%
WWD	B	-0.37%
DTM	B	-0.36%
AYI	B	-0.36%
EHC	B	-0.36%
ORI	A	-0.35%
SNX	C	-0.35%
GMED	A	-0.34%
DCI	B	-0.34%
WTRG	B	-0.34%
TTC	D	-0.34%
OHI	C	-0.34%
ZION	B	-0.34%
WCC	B	-0.34%
INGR	B	-0.34%
FLR	B	-0.34%
ARMK	B	-0.34%
NYT	C	-0.33%
AFG	A	-0.33%
FBIN	D	-0.33%
RGLD	C	-0.33%
KNX	B	-0.33%
AXTA	A	-0.33%
CFR	B	-0.33%
RBC	A	-0.33%
GPK	C	-0.32%
AR	B	-0.32%
CHRD	D	-0.32%
BRBR	A	-0.32%
CR	A	-0.32%
REXR	F	-0.32%
X	C	-0.32%
WTFC	A	-0.32%
MTZ	B	-0.31%
SNV	B	-0.31%
UFPI	B	-0.31%
HQY	B	-0.31%
CBSH	A	-0.31%
SSB	B	-0.3%
JAZZ	B	-0.3%
FLS	B	-0.3%
BRX	A	-0.3%
OGE	B	-0.29%
SEIC	B	-0.29%
ANF	C	-0.29%
EGP	F	-0.29%
GME	C	-0.29%
RRC	B	-0.29%
KEX	C	-0.28%
MIDD	C	-0.28%
CVLT	B	-0.28%
BERY	B	-0.28%
R	B	-0.28%
DAR	C	-0.28%
PB	A	-0.28%
OSK	B	-0.28%
CMC	B	-0.27%
G	B	-0.27%
VOYA	B	-0.27%
ESAB	B	-0.27%
ALV	C	-0.27%
TMHC	B	-0.27%
ADC	B	-0.26%
GXO	B	-0.26%
VMI	B	-0.26%
HALO	F	-0.26%
CADE	B	-0.26%
NNN	D	-0.26%
MTSI	B	-0.26%
ONB	B	-0.26%
EXLS	B	-0.26%
GNTX	C	-0.26%
DINO	D	-0.25%
FR	C	-0.25%
GBCI	B	-0.25%
FCN	D	-0.25%
NOV	C	-0.25%
VNT	B	-0.24%
KD	B	-0.24%
MAT	D	-0.24%
STAG	F	-0.24%
MSA	D	-0.24%
LFUS	F	-0.24%
LSTR	D	-0.24%
MTG	C	-0.24%
COLB	A	-0.24%
FNB	A	-0.23%
THO	B	-0.23%
CHX	C	-0.23%
FAF	A	-0.23%
ARW	D	-0.23%
NOVT	D	-0.23%
WHR	B	-0.23%
VNO	B	-0.23%
LEA	D	-0.22%
ESNT	D	-0.22%
FYBR	D	-0.22%
RMBS	C	-0.22%
ALTR	B	-0.22%
PVH	C	-0.22%
CBT	C	-0.22%
SIGI	C	-0.22%
JHG	A	-0.22%
STWD	C	-0.22%
AMG	B	-0.22%
SAIC	F	-0.22%
KRG	B	-0.21%
THG	A	-0.21%
WTS	B	-0.21%
HOMB	A	-0.21%
CNX	A	-0.21%
KBH	D	-0.21%
COKE	C	-0.21%
UBSI	B	-0.21%
QLYS	C	-0.2%
BC	C	-0.2%
HWC	B	-0.2%
GATX	A	-0.2%
SLM	A	-0.2%
CRUS	D	-0.2%
IDA	A	-0.2%
LNTH	D	-0.2%
AGCO	D	-0.2%
MUR	D	-0.19%
MMS	F	-0.19%
OLN	D	-0.19%
KNF	A	-0.19%
GAP	C	-0.19%
BDC	B	-0.19%
FFIN	B	-0.19%
NFG	A	-0.19%
POST	C	-0.19%
OZK	B	-0.19%
ST	F	-0.19%
UMBF	B	-0.19%
BYD	C	-0.18%
AVNT	B	-0.18%
EXPO	D	-0.18%
UGI	A	-0.18%
HXL	D	-0.18%
SON	D	-0.18%
TKR	D	-0.18%
OLLI	D	-0.18%
AVT	C	-0.18%
POR	C	-0.17%
IRT	A	-0.17%
WMG	C	-0.17%
SWX	B	-0.17%
HAE	C	-0.17%
EEFT	B	-0.17%
DLB	B	-0.16%
KMPR	B	-0.16%
ASGN	F	-0.16%
M	D	-0.16%
CNO	A	-0.16%
SLGN	A	-0.16%
AN	C	-0.16%
CUZ	B	-0.16%
VLY	B	-0.16%
NJR	A	-0.16%
PNM	F	-0.15%
ASH	D	-0.15%
MSM	C	-0.15%
ENS	D	-0.15%
HOG	D	-0.15%
FLO	D	-0.15%
BKH	A	-0.15%
ORA	B	-0.15%
UAA	C	-0.15%
WLK	D	-0.15%
KRC	C	-0.15%
BCO	D	-0.15%
ASB	B	-0.15%
NEU	C	-0.14%
PII	D	-0.14%
SR	A	-0.14%
ROIV	C	-0.14%
ACHC	F	-0.14%
PRGO	B	-0.14%
TEX	D	-0.14%
SBRA	C	-0.14%
RYN	D	-0.14%
IBOC	A	-0.14%
TNL	A	-0.14%
OGS	A	-0.14%
TCBI	B	-0.14%
NVST	B	-0.13%
PBF	D	-0.13%
PAG	B	-0.13%
LANC	C	-0.13%
SLAB	D	-0.13%
ALE	A	-0.13%
XRAY	F	-0.13%
OPCH	D	-0.13%
VAC	B	-0.12%
EPR	D	-0.12%
NWE	B	-0.12%
SYNA	C	-0.12%
FHI	A	-0.12%
PCH	D	-0.12%
CDP	C	-0.12%
PK	B	-0.12%
VAL	D	-0.12%
GHC	C	-0.12%
BHF	B	-0.12%
LIVN	F	-0.11%
ZI	D	-0.11%
GT	C	-0.11%
MAN	D	-0.11%
NEOG	F	-0.11%
HGV	B	-0.11%
CXT	B	-0.1%
RCM	F	-0.1%
COLM	B	-0.1%
VC	D	-0.1%
COTY	F	-0.1%
AMKR	D	-0.1%
NSP	D	-0.1%
NSA	D	-0.1%
ENOV	C	-0.09%
AZTA	D	-0.09%
VSH	D	-0.08%
JWN	C	-0.08%
IPGP	D	-0.08%
CRI	D	-0.07%
CNXC	F	-0.07%
CPRI	F	-0.07%
GEF	A	-0.06%