JQUA vs. QVMM ETF Comparison

Comparison of JPMorgan U.S. Quality Factor ETF (JQUA) to Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM)

JQUA

JPMorgan U.S. Quality Factor ETF

JQUA Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the JP Morgan US Quality Factor Index. The fund will invest at least 80% of its assets in securities included in the underlying index. Assets means net assets, plus the amount of borrowing for investment purposes. The underlying index is comprised of U.S. equity securities selected to represent quality factor characteristics.

Grade (RS Rating)

Last Trade

$59.18

Average Daily Volume

481,509

Number of Holdings ^*

278

* 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 ^*

351

* may have additional holdings in another (foreign) market

Performance

Period	JQUA	QVMM
30 Days	4.45%	7.21%
60 Days	5.31%	7.30%
90 Days	7.31%	8.34%
12 Months	31.33%	33.49%

57 Overlapping Holdings

Symbol	Grade	Weight in JQUA	Weight in QVMM	Overlap
AFG	A	0.13%	0.33%	0.13%
AM	A	0.03%	0.19%	0.03%
AYI	B	0.15%	0.35%	0.15%
BYD	C	0.1%	0.17%	0.1%
CBSH	A	0.19%	0.31%	0.19%
CHE	D	0.21%	0.3%	0.21%
CLH	B	0.24%	0.45%	0.24%
CNM	D	0.15%	0.33%	0.15%
COKE	C	0.09%	0.22%	0.09%
CRI	D	0.15%	0.06%	0.06%
CRUS	D	0.11%	0.2%	0.11%
CSL	C	0.27%	0.77%	0.27%
CUBE	D	0.05%	0.38%	0.05%
DCI	B	0.16%	0.33%	0.16%
DKS	C	0.19%	0.46%	0.19%
DLB	B	0.18%	0.18%	0.18%
EXP	A	0.16%	0.37%	0.16%
FNF	B	0.19%	0.56%	0.19%
GGG	B	0.21%	0.54%	0.21%
GLPI	C	0.07%	0.48%	0.07%
GNTX	C	0.04%	0.26%	0.04%
HRB	D	0.19%	0.28%	0.19%
INGR	B	0.08%	0.33%	0.08%
IPGP	D	0.09%	0.08%	0.08%
JAZZ	B	0.21%	0.29%	0.21%
LAMR	D	0.23%	0.4%	0.23%
LECO	B	0.21%	0.45%	0.21%
LOPE	B	0.22%	0.17%	0.17%
LPX	B	0.09%	0.26%	0.09%
LSCC	D	0.19%	0.26%	0.19%
LSTR	D	0.21%	0.23%	0.21%
MANH	D	0.24%	0.58%	0.24%
MEDP	D	0.21%	0.29%	0.21%
MSM	C	0.12%	0.14%	0.12%
MTSI	B	0.14%	0.26%	0.14%
NFG	A	0.17%	0.2%	0.17%
OGE	B	0.22%	0.3%	0.22%
OLN	D	0.09%	0.18%	0.09%
PRI	A	0.14%	0.38%	0.14%
PSTG	D	0.2%	0.58%	0.2%
RLI	B	0.1%	0.26%	0.1%
RPM	A	0.15%	0.6%	0.15%
RS	B	0.06%	0.67%	0.06%
SAIC	F	0.13%	0.22%	0.13%
SEIC	B	0.25%	0.29%	0.25%
SKX	D	0.11%	0.29%	0.11%
SNX	C	0.0%	0.35%	0.0%
TPL	A	0.12%	1.05%	0.12%
UGI	A	0.16%	0.19%	0.16%
UTHR	C	0.25%	0.6%	0.25%
WH	B	0.1%	0.27%	0.1%
WMS	D	0.15%	0.34%	0.15%
WSM	B	0.32%	0.8%	0.32%
WSO	A	0.27%	0.62%	0.27%
WU	D	0.13%	0.13%	0.13%
YETI	C	0.1%	0.12%	0.1%
ZI	D	0.09%	0.11%	0.09%

JQUA Overweight 221 Positions Relative to QVMM

Symbol	Grade	Weight
NVDA	C	2.24%
META	D	2.04%
AAPL	C	1.92%
BRK.A	B	1.89%
GOOGL	C	1.88%
V	A	1.84%
XOM	B	1.71%
MSFT	F	1.7%
MA	C	1.57%
COST	B	1.52%
HD	A	1.5%
JNJ	D	1.42%
PG	A	1.39%
CRM	B	1.26%
AVGO	D	1.19%
ABBV	D	1.17%
APP	B	1.0%
CSCO	B	1.0%
MRK	F	0.99%
ORCL	B	0.99%
LIN	D	0.88%
ABT	B	0.87%
NOW	A	0.87%
ACN	C	0.86%
MCD	D	0.86%
BKNG	A	0.81%
ADBE	C	0.8%
INTU	C	0.77%
KO	D	0.77%
CVX	A	0.74%
QCOM	F	0.74%
IBM	C	0.69%
UNP	C	0.65%
PLTR	B	0.64%
AMAT	F	0.64%
BLK	C	0.63%
PANW	C	0.63%
TJX	A	0.63%
BMY	B	0.62%
GILD	C	0.58%
ADP	B	0.57%
LMT	D	0.56%
SBUX	A	0.55%
ADI	D	0.54%
SPGI	C	0.53%
MMC	B	0.53%
MO	A	0.52%
APH	A	0.5%
WM	A	0.49%
VZ	C	0.48%
NKE	D	0.47%
CB	C	0.47%
CTAS	B	0.46%
CDNS	B	0.45%
SNPS	B	0.45%
ITW	B	0.44%
MCO	B	0.44%
LRCX	F	0.44%
KLAC	D	0.44%
ZTS	D	0.44%
MAR	B	0.43%
PGR	A	0.43%
DASH	A	0.43%
ORLY	B	0.42%
AON	A	0.42%
FTNT	C	0.42%
COP	C	0.41%
CL	D	0.41%
CRWD	B	0.41%
AFL	B	0.4%
GWW	B	0.4%
AJG	B	0.39%
TRV	B	0.39%
BDX	F	0.39%
AMP	A	0.38%
EOG	A	0.38%
MRVL	B	0.38%
REGN	F	0.38%
EA	A	0.37%
ICE	C	0.37%
CPRT	A	0.36%
PSA	D	0.36%
LULU	C	0.35%
PAYX	C	0.34%
RSG	A	0.34%
MSI	B	0.34%
TEAM	A	0.33%
MMM	D	0.33%
VRSK	A	0.33%
VRT	B	0.32%
DECK	A	0.32%
CTSH	B	0.32%
IT	C	0.32%
ROST	C	0.31%
T	A	0.31%
DDOG	A	0.31%
DOCU	A	0.3%
A	D	0.3%
RMD	C	0.3%
WEC	A	0.3%
KMB	D	0.3%
BR	A	0.29%
ABNB	C	0.29%
SPG	B	0.29%
EBAY	D	0.29%
NDAQ	A	0.29%
WDAY	B	0.28%
ACGL	D	0.28%
IDXX	F	0.28%
BRO	B	0.28%
EXPE	B	0.27%
NVR	D	0.27%
YUM	B	0.27%
FFIV	B	0.27%
KEYS	A	0.26%
MCHP	D	0.26%
ROP	B	0.26%
CTRA	B	0.25%
MCK	B	0.25%
WY	D	0.25%
ALSN	B	0.25%
EW	C	0.25%
WRB	A	0.25%
LEN	D	0.24%
DBX	B	0.24%
HOLX	D	0.24%
PAYC	B	0.24%
RNG	B	0.24%
POOL	C	0.24%
FDS	B	0.23%
CLX	B	0.23%
TOST	B	0.23%
EXR	D	0.23%
HST	C	0.23%
SCCO	F	0.22%
TPR	B	0.22%
CBOE	B	0.22%
ED	D	0.22%
SNOW	C	0.22%
WMT	A	0.22%
HIG	B	0.22%
TWLO	A	0.22%
DVA	B	0.21%
HPQ	B	0.21%
MAA	B	0.21%
ROL	B	0.21%
CF	B	0.21%
EXPD	D	0.21%
VRSN	F	0.21%
MTD	D	0.21%
DRI	B	0.21%
TER	D	0.2%
DOX	D	0.2%
IEX	B	0.2%
BLDR	D	0.19%
PEN	B	0.19%
TYL	B	0.19%
ANSS	B	0.19%
ZS	C	0.19%
DT	C	0.19%
AKAM	D	0.18%
SWKS	F	0.18%
ZM	B	0.18%
HPE	B	0.18%
NTAP	C	0.18%
LDOS	C	0.17%
AMT	D	0.17%
SOLV	C	0.17%
NTNX	A	0.17%
STE	F	0.16%
MSGS	A	0.16%
JBL	B	0.16%
CDW	F	0.16%
MPWR	F	0.16%
GEN	B	0.16%
CHD	B	0.15%
RPRX	D	0.15%
PEGA	A	0.15%
TDC	D	0.15%
PINS	D	0.15%
EPAM	C	0.15%
NRG	B	0.15%
ELS	C	0.14%
JKHY	D	0.14%
EVRG	A	0.14%
BBY	D	0.14%
SSNC	B	0.13%
SMAR	A	0.13%
PCOR	B	0.13%
PEG	A	0.13%
ULTA	F	0.13%
CNC	D	0.12%
ENTG	D	0.12%
CCI	D	0.12%
PATH	C	0.12%
NDSN	B	0.11%
DV	C	0.11%
BSY	D	0.11%
GWRE	A	0.11%
TSCO	D	0.11%
MTCH	D	0.11%
AOS	F	0.11%
DXC	B	0.11%
OKTA	C	0.11%
CPT	B	0.1%
QRVO	F	0.1%
MPC	D	0.09%
CHH	A	0.09%
FAST	B	0.09%
ATO	A	0.09%
COR	B	0.09%
SIRI	C	0.08%
QGEN	D	0.08%
EQR	B	0.08%
WAT	B	0.06%
PINC	B	0.06%
PHM	D	0.06%
TECH	D	0.05%
UPS	C	0.04%
VIRT	B	0.02%
CHRW	C	0.02%

JQUA Underweight 294 Positions Relative to QVMM

Symbol	Grade	Weight
EME	C	-0.88%
IBKR	A	-0.75%
LII	A	-0.74%
XPO	B	-0.67%
FIX	A	-0.64%
OC	A	-0.63%
RBA	A	-0.62%
BURL	A	-0.61%
TOL	B	-0.58%
RGA	A	-0.56%
EWBC	A	-0.56%
EQH	B	-0.55%
ACM	A	-0.55%
THC	D	-0.55%
USFD	A	-0.54%
SFM	A	-0.53%
CASY	A	-0.53%
CW	B	-0.52%
RNR	C	-0.5%
COHR	B	-0.5%
UNM	A	-0.48%
JEF	A	-0.48%
PFGC	B	-0.48%
NVT	B	-0.47%
AVTR	F	-0.47%
ITT	A	-0.47%
TXRH	C	-0.47%
RRX	B	-0.46%
NBIX	C	-0.46%
SAIA	B	-0.45%
OVV	B	-0.45%
BWXT	B	-0.45%
ALLY	C	-0.45%
BMRN	D	-0.45%
JLL	D	-0.44%
SCI	B	-0.44%
SF	B	-0.44%
AMH	D	-0.43%
AA	B	-0.43%
LAD	A	-0.42%
FHN	A	-0.42%
BLD	D	-0.42%
WPC	D	-0.42%
KNSL	B	-0.41%
BJ	A	-0.41%
FND	C	-0.41%
DUOL	A	-0.41%
EVR	B	-0.4%
ATR	B	-0.4%
TTEK	F	-0.39%
WBS	A	-0.39%
CACI	D	-0.38%
WWD	B	-0.38%
AIT	A	-0.38%
CCK	C	-0.38%
CIEN	B	-0.37%
DTM	B	-0.37%
RGLD	C	-0.36%
EHC	B	-0.36%
FLR	B	-0.36%
HLI	B	-0.36%
PNFP	B	-0.36%
OHI	C	-0.35%
AR	B	-0.35%
X	C	-0.35%
WTRG	B	-0.35%
EXEL	B	-0.35%
MUSA	A	-0.35%
ARMK	B	-0.35%
GMED	A	-0.35%
RBC	A	-0.35%
TPX	B	-0.35%
ORI	A	-0.35%
CR	A	-0.34%
WCC	B	-0.34%
HQY	B	-0.34%
ZION	B	-0.34%
TTC	D	-0.34%
WING	D	-0.34%
CHDN	B	-0.33%
BRBR	A	-0.33%
FBIN	D	-0.33%
AAON	B	-0.33%
CFR	B	-0.33%
REXR	F	-0.33%
KNX	B	-0.33%
MORN	B	-0.32%
MTZ	B	-0.32%
CHRD	D	-0.32%
GPK	C	-0.32%
AXTA	A	-0.32%
WTFC	A	-0.32%
GME	C	-0.31%
RRC	B	-0.31%
ONTO	D	-0.31%
FLS	B	-0.31%
KBR	F	-0.31%
NYT	C	-0.31%
BRX	A	-0.31%
SSB	B	-0.3%
UFPI	B	-0.3%
PR	B	-0.3%
PCTY	B	-0.3%
SNV	B	-0.3%
BERY	B	-0.29%
LNW	D	-0.29%
EGP	F	-0.29%
ANF	C	-0.28%
OSK	B	-0.28%
MTDR	B	-0.28%
KEX	C	-0.28%
CVLT	B	-0.28%
MIDD	C	-0.28%
SSD	D	-0.28%
PB	A	-0.28%
DAR	C	-0.28%
MASI	A	-0.27%
RGEN	D	-0.27%
VOYA	B	-0.27%
CMC	B	-0.27%
R	B	-0.27%
ALV	C	-0.27%
TMHC	B	-0.27%
NNN	D	-0.27%
VMI	B	-0.26%
H	B	-0.26%
EXLS	B	-0.26%
ADC	B	-0.26%
RYAN	B	-0.26%
G	B	-0.26%
TREX	C	-0.26%
WEX	D	-0.26%
ESAB	B	-0.26%
DINO	D	-0.25%
CGNX	C	-0.25%
WFRD	D	-0.25%
GBCI	B	-0.25%
FR	C	-0.25%
GXO	B	-0.25%
ONB	B	-0.25%
NOV	C	-0.25%
CADE	B	-0.25%
FCN	D	-0.25%
COLB	A	-0.24%
MSA	D	-0.24%
STAG	F	-0.24%
FAF	A	-0.24%
CROX	D	-0.24%
KD	B	-0.24%
MTG	C	-0.24%
OLED	D	-0.24%
FNB	A	-0.23%
THO	B	-0.23%
WHR	B	-0.23%
VNT	B	-0.23%
NOVT	D	-0.23%
CLF	F	-0.23%
LFUS	F	-0.23%
MAT	D	-0.23%
CHX	C	-0.23%
ARW	D	-0.23%
VNO	B	-0.23%
CBT	C	-0.22%
ESNT	D	-0.22%
RMBS	C	-0.22%
FYBR	D	-0.22%
AMG	B	-0.22%
DOCS	C	-0.22%
LNTH	D	-0.22%
HALO	F	-0.22%
ALTR	B	-0.22%
CNX	A	-0.22%
STWD	C	-0.22%
IDA	A	-0.21%
THG	A	-0.21%
HOMB	A	-0.21%
KRG	B	-0.21%
LEA	D	-0.21%
UBSI	B	-0.21%
KBH	D	-0.21%
JHG	A	-0.21%
SIGI	C	-0.21%
KNF	A	-0.2%
POST	C	-0.2%
PVH	C	-0.2%
SLM	A	-0.2%
GATX	A	-0.2%
AGCO	D	-0.2%
WTS	B	-0.2%
FFIN	B	-0.19%
BDC	B	-0.19%
UMBF	B	-0.19%
CIVI	D	-0.19%
BRKR	D	-0.19%
QLYS	C	-0.19%
HWC	B	-0.19%
OZK	B	-0.19%
BC	C	-0.19%
NXST	C	-0.19%
OLLI	D	-0.18%
EEFT	B	-0.18%
APPF	B	-0.18%
GAP	C	-0.18%
HXL	D	-0.18%
TKR	D	-0.18%
SON	D	-0.18%
ST	F	-0.18%
MUR	D	-0.18%
MMS	F	-0.18%
VVV	F	-0.18%
AVT	C	-0.18%
CELH	F	-0.17%
SWX	B	-0.17%
NJR	A	-0.17%
WMG	C	-0.17%
POR	C	-0.17%
IRT	A	-0.17%
AVNT	B	-0.17%
EXPO	D	-0.17%
KMPR	B	-0.16%
HAE	C	-0.16%
AN	C	-0.16%
CNO	A	-0.16%
VLY	B	-0.16%
CUZ	B	-0.16%
SLGN	A	-0.16%
OGS	A	-0.15%
ASGN	F	-0.15%
HOG	D	-0.15%
BKH	A	-0.15%
M	D	-0.15%
PNM	F	-0.15%
ORA	B	-0.15%
KRC	C	-0.15%
FLO	D	-0.15%
BCO	D	-0.15%
ASB	B	-0.15%
WLK	D	-0.15%
ACHC	F	-0.14%
TCBI	B	-0.14%
XRAY	F	-0.14%
IBOC	A	-0.14%
TEX	D	-0.14%
TNL	A	-0.14%
UAA	C	-0.14%
SR	A	-0.14%
PRGO	B	-0.14%
SBRA	C	-0.14%
ASH	D	-0.14%
RYN	D	-0.14%
ENS	D	-0.14%
LANC	C	-0.13%
NVST	B	-0.13%
PBF	D	-0.13%
ALE	A	-0.13%
OPCH	D	-0.13%
PII	D	-0.13%
NEU	C	-0.13%
ROIV	C	-0.13%
VAL	D	-0.12%
NEOG	F	-0.12%
PK	B	-0.12%
EPR	D	-0.12%
FHI	A	-0.12%
PCH	D	-0.12%
NWE	B	-0.12%
GHC	C	-0.12%
BHF	B	-0.12%
PAG	B	-0.12%
CDP	C	-0.12%
SLAB	D	-0.12%
WEN	D	-0.11%
MAN	D	-0.11%
NSA	D	-0.11%
HGV	B	-0.11%
VAC	B	-0.11%
SYNA	C	-0.11%
VC	D	-0.1%
COTY	F	-0.1%
NSP	D	-0.1%
AMKR	D	-0.1%
LIVN	F	-0.1%
SAM	C	-0.1%
CXT	B	-0.1%
GT	C	-0.1%
PPC	C	-0.09%
AZTA	D	-0.09%
COLM	B	-0.09%
JWN	C	-0.08%
ENOV	C	-0.08%
GEF	A	-0.07%
CNXC	F	-0.07%
CPRI	F	-0.07%
VSH	D	-0.07%

JQUA: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Information Technology Services Business Services Diversified Industrials Specialty Retail Diagnostics & Research Insurance - Property & Casualty Semiconductor Equipment & Materials Biotechnology Drug Manufacturers - Major Household & Personal Products Internet Content & Information Capital Markets Industrial Distribution Insurance Brokers Integrated Shipping & Logistics Medical Instruments & Supplies Oil & Gas E&P