QOWZ vs. XSW ETF Comparison

Comparison of Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ) to SPDR S&P Software & Services ETF (XSW)

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

XSW

SPDR S&P Software & Services ETF

XSW Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the computer software segment of a U.S. total market composite index. In seeking to track the performance of the S&P Software & Services Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the software and services industry group of the S&P Total Stock Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$194.96

Average Daily Volume

13,855

Number of Holdings ^*

133

* may have additional holdings in another (foreign) market

Performance

Period	QOWZ	XSW
30 Days	5.76%	19.12%
60 Days	7.75%	22.87%
90 Days	8.64%	24.41%
12 Months		45.80%

12 Overlapping Holdings

Symbol	Grade	Weight in QOWZ	Weight in XSW	Overlap
ADBE	C	2.88%	0.6%	0.6%
CDNS	B	2.22%	0.68%	0.68%
CRM	B	4.17%	0.81%	0.81%
FICO	B	2.07%	0.75%	0.75%
FTNT	C	2.15%	0.78%	0.78%
INTU	C	2.93%	0.65%	0.65%
MANH	D	1.07%	0.65%	0.65%
NOW	A	3.39%	0.71%	0.71%
PRGS	A	0.54%	0.71%	0.54%
PTC	A	1.23%	0.67%	0.67%
QLYS	C	0.72%	0.72%	0.72%
ROP	B	1.78%	0.62%	0.62%

QOWZ Overweight 38 Positions Relative to XSW

Symbol	Grade	Weight
NVDA	C	11.37%
META	D	6.77%
AVGO	D	5.27%
UNH	C	4.65%
MA	C	4.45%
TMO	F	2.67%
ADP	B	2.54%
MAR	B	2.24%
CTAS	B	2.22%
APH	A	2.15%
COF	B	2.15%
KMI	A	2.12%
RSG	A	1.91%
FAST	B	1.8%
PAYX	C	1.76%
KLAC	D	1.75%
WBD	C	1.41%
MCHP	D	1.25%
NVR	D	1.24%
TDY	B	1.24%
ROL	B	1.21%
WST	C	1.19%
OC	A	1.14%
MTD	D	1.1%
MKC	D	1.09%
VRSN	F	1.07%
POOL	C	0.98%
AYI	B	0.94%
BECN	B	0.79%
RMBS	C	0.73%
WTS	B	0.68%
THO	B	0.67%
LFUS	F	0.63%
CVCO	A	0.62%
TTGT	C	0.32%
RDUS	C	0.27%
SLP	D	0.21%
DLHC	F	0.11%

QOWZ Underweight 121 Positions Relative to XSW

Symbol	Grade	Weight
APP	B	-1.52%
MSTR	C	-1.39%
CIFR	B	-1.29%
RIOT	C	-1.06%
NNBR	C	-1.04%
BILL	A	-1.04%
WULF	C	-1.04%
PLTR	B	-1.02%
CLSK	C	-0.96%
TEAM	A	-0.93%
RBRK	A	-0.88%
FRSH	C	-0.88%
CFLT	B	-0.87%
DOCU	A	-0.87%
HUBS	A	-0.86%
NCNO	B	-0.85%
FIVN	C	-0.85%
VERX	B	-0.84%
QTWO	A	-0.83%
PEGA	A	-0.81%
CRWD	B	-0.81%
MARA	C	-0.81%
IDCC	A	-0.81%
PRO	C	-0.79%
RNG	B	-0.78%
SOUN	C	-0.78%
INTA	A	-0.77%
ZM	B	-0.76%
OLO	B	-0.76%
CWAN	B	-0.76%
WK	B	-0.76%
PCOR	B	-0.76%
BL	B	-0.75%
KD	B	-0.75%
ALKT	B	-0.75%
AGYS	A	-0.74%
EPAM	C	-0.74%
ZS	C	-0.74%
NTNX	A	-0.73%
ASAN	C	-0.73%
APPN	B	-0.73%
RPD	C	-0.73%
ATEN	B	-0.73%
S	B	-0.73%
CVLT	B	-0.72%
TTWO	A	-0.72%
ESTC	C	-0.72%
DDOG	A	-0.71%
ALTR	B	-0.71%
AI	B	-0.71%
DJCO	B	-0.71%
ADSK	A	-0.71%
RBLX	C	-0.7%
PANW	C	-0.7%
DV	C	-0.7%
ACIW	B	-0.7%
ORCL	B	-0.7%
GWRE	A	-0.69%
GEN	B	-0.69%
PD	C	-0.68%
DBX	B	-0.68%
SNPS	B	-0.68%
VYX	B	-0.67%
IOT	A	-0.67%
BLND	B	-0.67%
EA	A	-0.67%
MITK	C	-0.67%
ZUO	B	-0.67%
GTLB	B	-0.67%
PLTK	B	-0.67%
SWI	B	-0.66%
RAMP	C	-0.66%
ALRM	C	-0.66%
WDAY	B	-0.66%
ANSS	B	-0.65%
IT	C	-0.65%
PATH	C	-0.65%
DT	C	-0.64%
TENB	C	-0.64%
ACN	C	-0.64%
TYL	B	-0.64%
CTSH	B	-0.64%
SMAR	A	-0.64%
BOX	B	-0.63%
BRZE	C	-0.63%
SPT	C	-0.63%
TDC	D	-0.63%
AUR	C	-0.63%
OSPN	A	-0.63%
DXC	B	-0.63%
DLB	B	-0.62%
YEXT	A	-0.62%
ASGN	F	-0.62%
APPF	B	-0.62%
QXO	D	-0.62%
CXM	C	-0.61%
GDYN	B	-0.61%
BLKB	B	-0.61%
SEMR	B	-0.61%
INFA	D	-0.6%
HCP	B	-0.6%
ENV	B	-0.6%
VRNT	C	-0.59%
MLNK	B	-0.59%
BSY	D	-0.59%
IBM	C	-0.59%
MSFT	F	-0.59%
VRNS	D	-0.59%
U	C	-0.58%
SPSC	C	-0.58%
IBUY	A	-0.55%
NABL	F	-0.53%
JAMF	F	-0.52%
YOU	D	-0.52%
WEAV	B	-0.46%
ETWO	F	-0.44%
CCSI	C	-0.4%
HCKT	B	-0.4%
ZETA	D	-0.39%
DMRC	C	-0.39%
LGTY	D	-0.26%