QVAL vs. SPVM ETF Comparison

Comparison of ValueShares U.S. Quantitative Value ETF (QVAL) to Invesco S&P 500 Value with Momentum ETF (SPVM)

QVAL

ValueShares U.S. Quantitative Value ETF

QVAL Description

The investment seeks long-term capital appreciation. The fund is an actively managed ETF. Under normal circumstances, it seeks to achieve its investment objective by investing primarily in U.S. equity securities that the Adviser believes, based on quantitative analysis, are undervalued at the time of purchase and have the potential for capital appreciation. The fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in securities of U.S. companies. It will invest primarily in the exchange-listed common stock of U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$42.71

Average Daily Volume

24,480

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SPVM

Invesco S&P 500 Value with Momentum ETF

SPVM Description

The investment seeks to track the investment results (before fees and expenses) of the S&P 500 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 100 stocks in the S&P 500® that have the highest value and momentum scores.

Grade (RS Rating)

Last Trade

$54.00

Average Daily Volume

9,845

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QVAL	SPVM
30 Days	-4.41%	-2.35%
60 Days	0.53%	1.08%
90 Days	-3.25%	-3.46%
12 Months	25.67%	13.07%

13 Overlapping Holdings

Symbol	Grade	Weight in QVAL	Weight in SPVM	Overlap
BG	B	2.0%	2.03%	2.0%
CTSH	C	1.98%	0.79%	0.79%
DAL	D	2.02%	1.43%	1.43%
ELV	B	2.01%	0.89%	0.89%
FANG	C	2.02%	0.87%	0.87%
HAL	F	1.98%	0.81%	0.81%
JBL	F	1.93%	1.21%	1.21%
MOH	F	2.0%	1.06%	1.06%
OMC	D	2.01%	0.79%	0.79%
PCAR	D	1.99%	0.84%	0.84%
PHM	D	2.0%	1.02%	1.02%
SNA	F	1.97%	0.68%	0.68%
VLO	C	2.01%	1.91%	1.91%

QVAL Overweight 37 Positions Relative to SPVM

Symbol	Grade	Weight
THC	B	2.05%
WFRD	C	2.05%
CMCSA	F	2.04%
SIG	F	2.04%
APA	D	2.03%
TEX	D	2.02%
MAT	F	2.01%
TMHC	D	2.01%
PBF	D	2.01%
T	A	2.01%
LBRT	D	2.01%
ARCH	C	2.01%
AGCO	F	2.01%
ALSN	C	2.01%
LEA	F	2.01%
HPQ	B	2.0%
KHC	D	2.0%
CVI	F	2.0%
FOXA	B	2.0%
IPG	F	2.0%
CNC	D	2.0%
TAP	F	2.0%
ON	D	2.0%
OC	C	1.99%
DINO	D	1.99%
INSW	B	1.99%
UFPI	D	1.99%
TOL	D	1.99%
ULTA	F	1.99%
UTHR	A	1.99%
CRI	F	1.97%
MO	A	1.97%
CROX	B	1.97%
GPK	D	1.96%
PVH	F	1.94%
CEIX	B	1.93%
SM	D	1.8%

QVAL Underweight 85 Positions Relative to SPVM

Symbol	Grade	Weight
GM	B	-2.14%
PSX	C	-1.63%
MPC	C	-1.62%
HPE	B	-1.47%
SYF	A	-1.43%
L	D	-1.42%
CINF	C	-1.36%
MTB	B	-1.35%
KR	C	-1.35%
COF	C	-1.34%
FDX	A	-1.28%
AIG	D	-1.28%
STT	C	-1.2%
STLD	C	-1.18%
C	C	-1.17%
BBY	B	-1.16%
AIZ	D	-1.16%
NUE	D	-1.14%
PRU	B	-1.13%
HBAN	C	-1.12%
ACGL	B	-1.12%
CI	D	-1.1%
LEN	D	-1.08%
CE	F	-1.08%
DHI	D	-1.07%
HIG	C	-1.06%
MCK	B	-1.06%
NRG	C	-1.05%
WFC	C	-1.05%
USB	C	-1.04%
BAC	A	-1.03%
MRO	B	-1.03%
WRK	D	-1.03%
HII	D	-1.02%
BK	A	-1.01%
UHS	B	-1.01%
LYB	D	-1.0%
BALL	D	-1.0%
BRK.A	C	-0.99%
KEY	C	-0.99%
VTRS	D	-0.98%
FITB	C	-0.98%
MET	D	-0.98%
VZ	A	-0.97%
AFL	B	-0.97%
PNC	C	-0.97%
EMR	D	-0.96%
CB	C	-0.94%
EOG	C	-0.93%
CAH	D	-0.92%
TRV	D	-0.92%
EMN	D	-0.9%
XOM	C	-0.9%
JPM	A	-0.88%
BKR	B	-0.87%
GS	A	-0.85%
KMI	A	-0.85%
ATO	C	-0.8%
TXT	D	-0.79%
RJF	C	-0.79%
WRB	B	-0.79%
IP	B	-0.77%
ALL	C	-0.77%
CTRA	D	-0.77%
COP	D	-0.76%
EBAY	B	-0.75%
EQT	D	-0.75%
HST	D	-0.75%
CBRE	C	-0.74%
CCL	B	-0.74%
BLDR	F	-0.73%
J	D	-0.72%
DOW	D	-0.72%
DGX	D	-0.7%
SWK	F	-0.69%
SWKS	B	-0.68%
CMI	D	-0.67%
NCLH	B	-0.67%
DUK	D	-0.67%
WMT	B	-0.66%
TEL	B	-0.64%
OKE	A	-0.62%
DVA	C	-0.62%
BXP	B	-0.59%
PEG	A	-0.58%