QOWZ vs. SPMV ETF Comparison

Comparison of Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ) to Invesco S&P 500 Minimum Variance ETF (SPMV)

QOWZ

Invesco Nasdaq Free Cash Flow Achievers ETF

QOWZ Description

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, Nasdaq, Inc. compiles, maintains and calculates the underlying index, which is designed to track the performance of U.S.-listed companies with continuous and stable growth in free cash flow. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.34

Average Daily Volume

2,123

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SPMV

Invesco S&P 500 Minimum Variance ETF

SPMV Description

The investment seeks to track the investment results (before fees and expenses) of the S&P 500® Minimum Volatility Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is designed to measure the performance of a subset of constituent securities of the S&P 500 Index using a managed volatility equity strategy that seeks to achieve lower total volatility than the S&P 500 ® Index, while maintaining other similar characteristics of the S&P 500 ® Index.

Grade (RS Rating)

Last Trade

$47.62

Average Daily Volume

711

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QOWZ	SPMV
30 Days	5.76%	1.14%
60 Days	7.75%	2.01%
90 Days	8.64%	4.46%
12 Months		26.03%

10 Overlapping Holdings

Symbol	Grade	Weight in QOWZ	Weight in SPMV	Overlap
ADBE	C	2.95%	2.1%	2.1%
AVGO	D	5.52%	2.12%	2.12%
CRM	B	4.24%	1.63%	1.63%
INTU	C	3.05%	0.75%	0.75%
META	D	6.8%	0.33%	0.33%
MKC	D	1.06%	0.75%	0.75%
NOW	A	3.38%	1.76%	1.76%
NVDA	C	11.22%	3.54%	3.54%
RSG	A	1.85%	0.54%	0.54%
TDY	B	1.25%	0.94%	0.94%

QOWZ Overweight 40 Positions Relative to SPMV

Symbol	Grade	Weight
UNH	C	4.62%
MA	C	4.45%
TMO	F	2.73%
ADP	B	2.55%
FTNT	C	2.24%
CTAS	B	2.22%
MAR	B	2.22%
COF	B	2.16%
APH	A	2.12%
CDNS	B	2.11%
FICO	B	2.04%
KMI	A	2.0%
KLAC	D	1.83%
ROP	B	1.78%
PAYX	C	1.78%
FAST	B	1.78%
WBD	C	1.27%
MCHP	D	1.26%
NVR	D	1.22%
PTC	A	1.22%
ROL	B	1.21%
WST	C	1.21%
MTD	D	1.16%
OC	A	1.09%
MANH	D	1.08%
VRSN	F	1.05%
AYI	B	0.96%
POOL	C	0.94%
RMBS	C	0.75%
BECN	B	0.74%
QLYS	C	0.73%
THO	B	0.67%
WTS	B	0.66%
LFUS	F	0.64%
CVCO	A	0.59%
PRGS	A	0.54%
TTGT	C	0.33%
RDUS	C	0.28%
SLP	D	0.24%
DLHC	F	0.11%

QOWZ Underweight 65 Positions Relative to SPMV

Symbol	Grade	Weight
GEV	B	-3.53%
TMUS	B	-3.38%
CSCO	B	-3.34%
AMZN	C	-3.25%
AON	A	-3.09%
BRK.A	B	-2.92%
AAPL	C	-2.9%
MSFT	F	-2.85%
QCOM	F	-2.79%
ABT	B	-2.79%
MMC	B	-2.74%
PG	A	-2.72%
AJG	B	-2.63%
CB	C	-2.58%
MDLZ	F	-2.5%
MRK	F	-2.43%
VRTX	F	-2.42%
HD	A	-2.22%
ORCL	B	-2.17%
AMT	D	-1.76%
VRSK	A	-1.69%
ZTS	D	-1.64%
PGR	A	-1.61%
NEE	D	-1.59%
GIS	D	-1.49%
SRE	A	-1.49%
DUK	C	-1.3%
JNJ	D	-1.18%
REGN	F	-1.13%
HSY	F	-1.05%
PFE	D	-1.02%
TRV	B	-0.98%
AEE	A	-0.97%
VZ	C	-0.93%
AEP	D	-0.91%
BRO	B	-0.81%
CCI	D	-0.7%
XOM	B	-0.68%
LLY	F	-0.67%
RTX	C	-0.65%
JPM	A	-0.61%
GOOG	C	-0.58%
IBM	C	-0.53%
TJX	A	-0.5%
SO	D	-0.47%
ELV	F	-0.46%
NEM	D	-0.44%
TSN	B	-0.42%
HRL	D	-0.38%
IDXX	F	-0.37%
AMGN	D	-0.32%
BIIB	F	-0.31%
ACN	C	-0.31%
KHC	F	-0.29%
T	A	-0.28%
ADM	D	-0.25%
AIG	B	-0.25%
PCG	A	-0.24%
ACGL	D	-0.23%
CVS	D	-0.22%
XEL	A	-0.19%
TRMB	B	-0.1%
GILD	C	-0.09%
GD	F	-0.06%
BA	F	-0.04%