QVML vs. APUE ETF Comparison

Comparison of Invesco S&P 500 QVM Multi-factor ETF (QVML) to Trust for Professional Managers ActivePassive U.S. Equity ETF (APUE)

QVML

Invesco S&P 500 QVM Multi-factor ETF

QVML Description

The investment seeks to track the investment results of the S&P 500 ® Quality, Value & Momentum Top 90% Multi- Factor Index (the “underlying index”). The fund generally 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 500 ® 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

$35.16

Average Daily Volume

1,434

Number of Holdings ^*

447

* may have additional holdings in another (foreign) market

APUE

Trust for Professional Managers ActivePassive U.S. Equity ETF

APUE Description

The fund is an actively-managed exchange-traded fund ("ETF") that blends active and passive investment strategies to optimize costs, tracking and potential return over the fund"s benchmark index, the CRSP U.S. Total Market Index. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of U.S. companies included in the benchmark index.

Grade (RS Rating)

Last Trade

$36.75

Average Daily Volume

85,016

Number of Holdings ^*

293

* may have additional holdings in another (foreign) market

Performance

Period	QVML	APUE
30 Days	2.51%	3.74%
60 Days	4.26%	4.87%
90 Days	5.72%	6.08%
12 Months	32.76%	33.10%

235 Overlapping Holdings

	Symbol	Grade	Weight in QVML	Weight in APUE	Overlap
	A	D	0.08%	0.09%	0.08%
	AAPL	C	7.12%	5.79%	5.79%
	ABBV	D	0.64%	0.6%	0.6%
	ABNB	C	0.13%	0.11%	0.11%
	ABT	B	0.41%	0.25%	0.25%
	ACGL	D	0.08%	0.06%	0.06%
	ACN	C	0.47%	0.58%	0.47%
	ADBE	C	0.49%	0.47%	0.47%
	ADI	D	0.23%	0.29%	0.23%
	ADM	D	0.06%	0.03%	0.03%
	ADP	B	0.26%	0.17%	0.17%
	AEE	A	0.05%	0.1%	0.05%
	AEP	D	0.1%	0.22%	0.1%
	AFL	B	0.12%	0.41%	0.12%
	AIG	B	0.11%	0.14%	0.11%
	ALL	A	0.11%	0.08%	0.08%
	AMAT	F	0.34%	0.39%	0.34%
	AMD	F	0.47%	0.45%	0.45%
	AMZN	C	3.94%	3.5%	3.5%
	ANET	C	0.21%	0.24%	0.21%
	AON	A	0.17%	0.08%	0.08%
	APH	A	0.2%	0.43%	0.2%
	ARE	D	0.04%	0.07%	0.04%
	AVB	B	0.07%	0.08%	0.07%
	AVGO	D	1.61%	1.41%	1.41%
	AXP	A	0.35%	0.39%	0.35%
	BAC	A	0.69%	0.49%	0.49%
	BALL	D	0.04%	0.13%	0.04%
	BEN	C	0.01%	0.07%	0.01%
	BK	A	0.12%	0.37%	0.12%
	BLK	C	0.32%	0.3%	0.3%
	BR	A	0.06%	0.29%	0.06%
	BRK.A	B	1.87%	1.84%	1.84%
	BSX	B	0.27%	0.28%	0.27%
	BX	A	0.27%	0.25%	0.25%
	C	A	0.3%	0.38%	0.3%
	CAH	B	0.06%	0.1%	0.06%
	CARR	D	0.13%	0.15%	0.13%
	CAT	B	0.42%	0.29%	0.29%
	CB	C	0.25%	0.06%	0.06%
	CBOE	B	0.04%	0.17%	0.04%
	CBRE	B	0.08%	0.07%	0.07%
	CCL	B	0.05%	0.16%	0.05%
	CEG	D	0.16%	0.11%	0.11%
	CI	F	0.2%	0.05%	0.05%
	CL	D	0.16%	0.1%	0.1%
	CMCSA	B	0.37%	0.27%	0.27%
	CMG	B	0.17%	0.12%	0.12%
	CMI	A	0.11%	0.11%	0.11%
	CNC	D	0.07%	0.03%	0.03%
	COF	B	0.16%	0.3%	0.16%
	COP	C	0.31%	0.24%	0.24%
	COR	B	0.09%	0.08%	0.08%
	COST	B	0.85%	0.81%	0.81%
	CPRT	A	0.11%	0.11%	0.11%
	CRM	B	0.69%	0.62%	0.62%
	CRWD	B	0.18%	0.13%	0.13%
	CSCO	B	0.51%	0.38%	0.38%
	CSGP	D	0.06%	0.06%	0.06%
	CTAS	B	0.15%	0.31%	0.15%
	CTRA	B	0.04%	0.04%	0.04%
	CTSH	B	0.09%	0.07%	0.07%
	CTVA	C	0.09%	0.06%	0.06%
	CVS	D	0.15%	0.05%	0.05%
	CVX	A	0.63%	0.31%	0.31%
	DAL	C	0.08%	0.05%	0.05%
	DD	D	0.08%	0.1%	0.08%
	DE	A	0.21%	0.15%	0.15%
	DECK	A	0.06%	0.31%	0.06%
	DGX	A	0.04%	0.13%	0.04%
	DHI	D	0.1%	0.22%	0.1%
	DHR	F	0.33%	0.39%	0.33%
	DIS	B	0.43%	0.44%	0.43%
	DLR	B	0.12%	0.08%	0.08%
	DLTR	F	0.04%	0.02%	0.02%
	DOV	A	0.06%	0.14%	0.06%
	DRI	B	0.04%	0.08%	0.04%
	DTE	C	0.05%	0.02%	0.02%
	DUK	C	0.18%	0.4%	0.18%
	DVN	F	0.06%	0.06%	0.06%
	ECL	D	0.13%	0.12%	0.12%
	ED	D	0.07%	0.15%	0.07%
	EFX	F	0.07%	0.09%	0.07%
	EG	C	0.04%	0.04%	0.04%
	ELV	F	0.2%	0.04%	0.04%
	EMR	A	0.16%	0.13%	0.13%
	EOG	A	0.18%	0.11%	0.11%
	EQR	B	0.05%	0.3%	0.05%
	ESS	B	0.04%	0.15%	0.04%
	ETN	A	0.31%	0.39%	0.31%
	ETR	B	0.07%	0.3%	0.07%
	EVRG	A	0.03%	0.16%	0.03%
	EW	C	0.09%	0.05%	0.05%
	EXR	D	0.07%	0.07%	0.07%
	FCX	D	0.14%	0.16%	0.14%
	FDX	B	0.15%	0.18%	0.15%
	FI	A	0.26%	0.33%	0.26%
	FOXA	B	0.04%	0.13%	0.04%
	FSLR	F	0.04%	0.04%	0.04%
	GD	F	0.14%	0.06%	0.06%
	GDDY	A	0.06%	0.16%	0.06%
	GE	D	0.43%	0.47%	0.43%
	GEN	B	0.04%	0.05%	0.04%
	GEV	B	0.18%	0.14%	0.14%
	GILD	C	0.24%	0.16%	0.16%
	GIS	D	0.08%	0.01%	0.01%
	GM	B	0.15%	0.22%	0.15%
	GOOG	C	4.33%	1.63%	1.63%
	GPN	B	0.06%	0.05%	0.05%
	GRMN	B	0.07%	0.15%	0.07%
	GS	A	0.43%	0.32%	0.32%
	GWW	B	0.11%	0.27%	0.11%
	HCA	F	0.14%	0.31%	0.14%
	HD	A	0.84%	0.59%	0.59%
	HIG	B	0.07%	0.12%	0.07%
	HOLX	D	0.04%	0.12%	0.04%
	HON	B	0.32%	0.3%	0.3%
	HST	C	0.03%	0.0%	0.0%
	HUBB	B	0.05%	0.04%	0.04%
	HWM	A	0.09%	0.16%	0.09%
	IBM	C	0.39%	0.42%	0.39%
	ICE	C	0.19%	0.15%	0.15%
	INTU	C	0.4%	0.49%	0.4%
	IP	B	0.04%	0.16%	0.04%
	IR	B	0.09%	0.05%	0.05%
	ISRG	A	0.4%	0.43%	0.4%
	J	F	0.04%	0.04%	0.04%
	JKHY	D	0.03%	0.23%	0.03%
	JNJ	D	0.77%	0.89%	0.77%
	JPM	A	1.59%	1.5%	1.5%
	KHC	F	0.05%	0.07%	0.05%
	KKR	A	0.22%	0.21%	0.21%
	KLAC	D	0.2%	0.19%	0.19%
	KMB	D	0.09%	0.13%	0.09%
	KO	D	0.52%	0.42%	0.42%
	KR	B	0.09%	0.09%	0.09%
	KVUE	A	0.09%	0.07%	0.07%
	L	A	0.03%	0.25%	0.03%
	LEN	D	0.09%	0.2%	0.09%
	LEN	D	0.09%	0.15%	0.09%
	LIN	D	0.47%	0.33%	0.33%
	LLY	F	1.38%	1.16%	1.16%
	LMT	D	0.24%	0.15%	0.15%
	LRCX	F	0.22%	0.2%	0.2%
	LW	C	0.02%	0.25%	0.02%
	MA	C	0.89%	0.59%	0.59%
	MAS	D	0.04%	0.24%	0.04%
	MCK	B	0.18%	0.11%	0.11%
	MDLZ	F	0.18%	0.28%	0.18%
	MDT	D	0.24%	0.33%	0.24%
	META	D	2.71%	2.28%	2.28%
	MNST	C	0.08%	0.04%	0.04%
	MO	A	0.2%	0.47%	0.2%
	MPC	D	0.13%	0.13%	0.13%
	MPWR	F	0.06%	0.06%	0.06%
	MRK	F	0.54%	0.35%	0.35%
	MS	A	0.37%	0.23%	0.23%
	MSFT	F	6.58%	5.41%	5.41%
	MU	D	0.25%	0.16%	0.16%
	NDAQ	A	0.07%	0.06%	0.06%
	NEE	D	0.31%	0.2%	0.2%
	NFLX	A	0.78%	0.74%	0.74%
	NI	A	0.03%	0.18%	0.03%
	NOW	A	0.44%	0.47%	0.44%
	NTAP	C	0.05%	0.05%	0.05%
	NUE	C	0.08%	0.04%	0.04%
	NVDA	C	7.76%	5.97%	5.97%
	PANW	C	0.28%	0.17%	0.17%
	PCAR	B	0.13%	0.31%	0.13%
	PCG	A	0.09%	0.12%	0.09%
	PEG	A	0.09%	0.14%	0.09%
	PEP	F	0.47%	0.32%	0.32%
	PFG	D	0.04%	0.04%	0.04%
	PG	A	0.82%	0.99%	0.82%
	PGR	A	0.32%	0.26%	0.26%
	PH	A	0.19%	0.33%	0.19%
	PHM	D	0.06%	0.29%	0.06%
	PKG	A	0.05%	0.07%	0.05%
	PLD	D	0.22%	0.18%	0.18%
	PM	B	0.41%	0.25%	0.25%
	PPL	B	0.05%	0.19%	0.05%
	PSX	C	0.13%	0.05%	0.05%
	PWR	A	0.1%	0.11%	0.1%
	PYPL	B	0.2%	0.15%	0.15%
	QCOM	F	0.41%	0.48%	0.41%
	RCL	A	0.12%	0.08%	0.08%
	REGN	F	0.18%	0.18%	0.18%
	ROK	B	0.07%	0.08%	0.07%
	ROP	B	0.13%	0.17%	0.13%
	ROST	C	0.1%	0.06%	0.06%
	RSG	A	0.09%	0.05%	0.05%
	RTX	C	0.34%	0.21%	0.21%
	SHW	A	0.19%	0.27%	0.19%
	SLB	C	0.14%	0.05%	0.05%
	SMCI	F	0.02%	0.02%	0.02%
	SNA	A	0.04%	0.27%	0.04%
	SNPS	B	0.19%	0.1%	0.1%
	SO	D	0.19%	0.22%	0.19%
	SPG	B	0.13%	0.46%	0.13%
	SPGI	C	0.34%	0.26%	0.26%
	STLD	B	0.05%	0.11%	0.05%
	STT	A	0.06%	0.09%	0.06%
	SWKS	F	0.03%	0.1%	0.03%
	SYF	B	0.06%	0.11%	0.06%
	SYK	C	0.27%	0.38%	0.27%
	T	A	0.31%	0.43%	0.31%
	TGT	F	0.16%	0.16%	0.16%
	TJX	A	0.28%	0.32%	0.28%
	TMO	F	0.43%	0.29%	0.29%
	TMUS	B	0.26%	0.41%	0.26%
	TT	A	0.2%	0.17%	0.17%
	TXN	C	0.42%	0.29%	0.29%
	TXT	D	0.04%	0.15%	0.04%
	UAL	A	0.06%	0.03%	0.03%
	UBER	D	0.33%	0.29%	0.29%
	UNH	C	1.15%	1.04%	1.04%
	UNP	C	0.31%	0.38%	0.31%
	UPS	C	0.2%	0.1%	0.1%
	URI	B	0.13%	0.26%	0.13%
	V	A	0.99%	0.64%	0.64%
	VICI	C	0.07%	0.25%	0.07%
	VLO	C	0.11%	0.06%	0.06%
	VLTO	D	0.05%	0.03%	0.03%
	VRTX	F	0.27%	0.21%	0.21%
	VZ	C	0.34%	0.38%	0.34%
	WAB	B	0.08%	0.18%	0.08%
	WAT	B	0.05%	0.26%	0.05%
	WELL	A	0.16%	0.13%	0.13%
	WFC	A	0.58%	0.62%	0.58%
	WMT	A	0.74%	0.93%	0.74%
	WY	D	0.05%	0.14%	0.05%
	XOM	B	1.22%	0.99%	0.99%
	ZBH	C	0.05%	0.13%	0.05%
	ZBRA	B	0.04%	0.26%	0.04%
	ZTS	D	0.16%	0.09%	0.09%

QVML Overweight 213 Positions Relative to APUE

	Symbol	Grade	Weight
	BKNG	A	0.36%
	SCHW	B	0.26%
	INTC	D	0.25%
	MMC	B	0.23%
	NKE	D	0.2%
	MSI	B	0.18%
	CDNS	B	0.18%
	PNC	B	0.18%
	CME	A	0.17%
	WM	A	0.17%
	USB	A	0.17%
	ITW	B	0.16%
	MMM	D	0.16%
	MCO	B	0.16%
	WMB	A	0.15%
	NOC	D	0.15%
	CSX	B	0.15%
	OKE	A	0.14%
	ADSK	A	0.14%
	TFC	A	0.14%
	BDX	F	0.14%
	FTNT	C	0.13%
	NSC	B	0.13%
	NXPI	D	0.13%
	AJG	B	0.13%
	AZO	C	0.12%
	AMP	A	0.12%
	SRE	A	0.12%
	TRV	B	0.12%
	JCI	C	0.12%
	PSA	D	0.11%
	MET	A	0.11%
	KMI	A	0.11%
	D	C	0.1%
	BKR	B	0.1%
	PAYX	C	0.1%
	AME	A	0.1%
	FAST	B	0.1%
	F	C	0.1%
	DFS	B	0.1%
	PRU	A	0.1%
	VST	B	0.1%
	O	D	0.1%
	FIS	C	0.1%
	LHX	C	0.1%
	ODFL	B	0.09%
	CHTR	C	0.09%
	VRSK	A	0.09%
	IT	C	0.09%
	EA	A	0.09%
	TRGP	B	0.09%
	AXON	A	0.09%
	HES	B	0.09%
	GLW	B	0.08%
	XEL	A	0.08%
	HUM	C	0.08%
	EXC	C	0.08%
	MTB	A	0.08%
	MCHP	D	0.08%
	STZ	D	0.08%
	FANG	D	0.08%
	MLM	B	0.08%
	SYY	B	0.08%
	OXY	D	0.08%
	LULU	C	0.08%
	IQV	D	0.08%
	VMC	B	0.08%
	XYL	D	0.07%
	ON	D	0.07%
	EIX	B	0.07%
	HPE	B	0.07%
	WTW	B	0.07%
	RMD	C	0.07%
	DOW	F	0.07%
	FITB	A	0.07%
	HPQ	B	0.07%
	GEHC	F	0.07%
	IDXX	F	0.07%
	KDP	D	0.07%
	TYL	B	0.06%
	HBAN	A	0.06%
	CPAY	A	0.06%
	BRO	B	0.06%
	TROW	B	0.06%
	FTV	C	0.06%
	KEYS	A	0.06%
	SW	A	0.06%
	TSCO	D	0.06%
	HAL	C	0.06%
	WEC	A	0.06%
	NVR	D	0.06%
	PPG	F	0.06%
	ANSS	B	0.06%
	TTWO	A	0.06%
	EBAY	D	0.06%
	RJF	A	0.06%
	LH	C	0.05%
	K	A	0.05%
	ES	D	0.05%
	STE	F	0.05%
	LYB	F	0.05%
	BLDR	D	0.05%
	NTRS	A	0.05%
	TDY	B	0.05%
	CFG	B	0.05%
	IFF	D	0.05%
	LDOS	C	0.05%
	CINF	A	0.05%
	PTC	A	0.05%
	VTR	C	0.05%
	EXPE	B	0.05%
	WBD	C	0.05%
	AWK	D	0.05%
	CDW	F	0.05%
	WST	C	0.05%
	RF	A	0.05%
	HSY	F	0.05%
	EQT	B	0.05%
	CHD	B	0.05%
	CF	B	0.04%
	TER	D	0.04%
	EXPD	D	0.04%
	ULTA	F	0.04%
	DG	F	0.04%
	PNR	A	0.04%
	MRO	B	0.04%
	MAA	B	0.04%
	BBY	D	0.04%
	MOH	F	0.04%
	MKC	D	0.04%
	IEX	B	0.04%
	GPC	D	0.04%
	FDS	B	0.04%
	CNP	B	0.04%
	WRB	A	0.04%
	TSN	B	0.04%
	KEY	B	0.04%
	LUV	C	0.04%
	CMS	C	0.04%
	INVH	D	0.04%
	NRG	B	0.04%
	FE	C	0.04%
	OMC	C	0.04%
	WDC	D	0.04%
	ATO	A	0.04%
	DAY	B	0.03%
	AIZ	A	0.03%
	GNRC	B	0.03%
	REG	B	0.03%
	EMN	D	0.03%
	ALLE	D	0.03%
	UHS	D	0.03%
	JNPR	F	0.03%
	INCY	C	0.03%
	MRNA	F	0.03%
	CAG	D	0.03%
	TPR	B	0.03%
	UDR	B	0.03%
	BG	F	0.03%
	CPT	B	0.03%
	CHRW	C	0.03%
	KMX	B	0.03%
	SWK	D	0.03%
	POOL	C	0.03%
	EPAM	C	0.03%
	AKAM	D	0.03%
	ROL	B	0.03%
	FFIV	B	0.03%
	RVTY	F	0.03%
	DOC	D	0.03%
	LNT	A	0.03%
	JBHT	C	0.03%
	AMCR	D	0.03%
	BAX	D	0.03%
	NWSA	B	0.03%
	VTRS	A	0.03%
	APTV	D	0.03%
	ALGN	D	0.03%
	KIM	A	0.03%
	AVY	D	0.03%
	JBL	B	0.03%
	FMC	D	0.02%
	MHK	D	0.02%
	CE	F	0.02%
	DVA	B	0.02%
	FRT	B	0.02%
	RL	B	0.02%
	HII	D	0.02%
	IVZ	B	0.02%
	CZR	F	0.02%
	BWA	D	0.02%
	CPB	D	0.02%
	SOLV	C	0.02%
	TFX	F	0.02%
	HSIC	B	0.02%
	AOS	F	0.02%
	HRL	D	0.02%
	GL	B	0.02%
	MKTX	D	0.02%
	MOS	F	0.02%
	APA	D	0.02%
	MGM	D	0.02%
	CRL	C	0.02%
	PAYC	B	0.02%
	PNW	B	0.02%
	LKQ	D	0.02%
	NCLH	B	0.02%
	BXP	D	0.02%
	TAP	C	0.02%
	IPG	D	0.02%
	PARA	C	0.01%
	WBA	F	0.01%
	QRVO	F	0.01%

QVML Underweight 58 Positions Relative to APUE

	Symbol	Grade	Weight
	DFAS	A	-4.83%
	GOOGL	C	-1.98%
	TSLA	B	-1.68%
	ORCL	B	-0.42%
	AER	B	-0.42%
	AWI	A	-0.38%
	CHDN	B	-0.38%
	MUSA	A	-0.37%
	WTM	A	-0.37%
	LOW	D	-0.35%
	ENTG	D	-0.31%
	POST	C	-0.27%
	LANC	C	-0.27%
	AXTA	A	-0.27%
	THG	A	-0.25%
	PFE	D	-0.25%
	MCD	D	-0.23%
	NEU	C	-0.23%
	CACC	D	-0.23%
	CWST	A	-0.22%
	AMT	D	-0.22%
	QLYS	C	-0.22%
	DASH	A	-0.2%
	TTC	D	-0.19%
	ESI	A	-0.19%
	FR	C	-0.18%
	BMY	B	-0.18%
	AMGN	D	-0.18%
	IRM	D	-0.16%
	REYN	D	-0.15%
	TREX	C	-0.15%
	COIN	C	-0.15%
	UNF	B	-0.14%
	FOX	A	-0.14%
	MTN	C	-0.14%
	BRKR	D	-0.13%
	FNF	B	-0.13%
	PLTR	B	-0.11%
	CNNE	B	-0.09%
	APD	A	-0.09%
	CABO	C	-0.09%
	CCI	D	-0.08%
	CRBG	B	-0.07%
	TW	A	-0.07%
	LNG	B	-0.07%
	MKL	A	-0.07%
	NEM	D	-0.07%
	BA	F	-0.06%
	APO	B	-0.06%
	RBLX	C	-0.06%
	SQ	B	-0.06%
	DELL	C	-0.05%
	CVNA	B	-0.05%
	IBKR	A	-0.05%
	NWS	B	-0.05%
	MSTR	C	-0.03%
	RKT	F	-0.02%
	WPC	D	-0.02%

QVML: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Utilities - Regulated Electric Semiconductors Business Services Asset Management Diagnostics & Research Oil & Gas E&P Banks - Regional - US Capital Markets Medical Instruments & Supplies Packaged Foods Aerospace & Defense Credit Services Health Care Plans Information Technology Services Insurance - Property & Casualty Medical Devices REIT - Residential Specialty Retail

Keywords: S&P 500 Nasdaq 100 Natural Gas Electricity Insurance Computing Dow Jones Component Electronics Aerospace Real Estate Investment Trust Bank Chemical Banking Medicine Semiconductor Telecommunications Insurance Products Petroleum Industry Investment Bank Mobile Devices

APUE: Top Represented Industries & Keywords

Industries: Software - Application Utilities - Regulated Electric Asset Management Diversified Industrials Business Services Drug Manufacturers - Major Semiconductors Credit Services Insurance - Property & Casualty Diagnostics & Research Medical Devices Specialty Chemicals Aerospace & Defense Capital Markets Health Care Plans Packaged Foods Telecom Services Banks - Global Discount Stores Household & Personal Products

Keywords: S&P 500 Nasdaq 100 Dow Jones Component Insurance Natural Gas Computing Electricity Electronics Semiconductor Medicine Telecommunications Chemical Real Estate Investment Trust IBD 50 Insurance Products Work From Home Aerospace Integrated Circuits Mining Mobile Devices