QVML vs. INRO ETF Comparison

Comparison of Invesco S&P 500 QVM Multi-factor ETF (QVML) to BlackRock U.S. Industry Rotation ETF (INRO)
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
INRO

BlackRock U.S. Industry Rotation ETF

INRO Description INRO is targeted US equity exposure, actively managed by shifting the selection and weighting of the portfolio towards industries among the broad domestic market. Portfolio allocation is based on five potential sources of return: information regarding the current economic cycle, valuation, quality metrics, analyst expectation data and recent individual industry trends. The strategy aims to capture the potential alpha from the dispersion between industry allocations and the broad market. During temporary defensive periods, the fund may depart from this principal investment strategy to invest 100% of the portfolio in liquid, short-term securities. The fund may engage in active and frequent trading. Derivatives may also be used to seek returns or hedge exposure. Up to one-third of the value of the funds assets may be lending.

Grade (RS Rating)

Last Trade

$28.56

Average Daily Volume

3,548

Number of Holdings *

429

* may have additional holdings in another (foreign) market
Performance
Period QVML INRO
30 Days 2.51% 5.09%
60 Days 4.26% 6.25%
90 Days 5.72% 7.10%
12 Months 32.76%
315 Overlapping Holdings
Symbol Grade Weight in QVML Weight in INRO Overlap
A D 0.08% 0.05% 0.05%
AAPL C 7.2% 5.76% 5.76%
ABBV D 0.63% 0.39% 0.39%
ACGL D 0.08% 0.05% 0.05%
ACN C 0.46% 0.07% 0.07%
ADBE C 0.47% 0.32% 0.32%
ADI D 0.23% 0.22% 0.22%
ADP B 0.26% 0.29% 0.26%
ADSK A 0.14% 0.09% 0.09%
AEP D 0.11% 0.32% 0.11%
AFL B 0.12% 0.09% 0.09%
AIG B 0.11% 0.09% 0.09%
AIZ A 0.03% 0.02% 0.02%
AJG B 0.14% 0.1% 0.1%
ALL A 0.11% 0.08% 0.08%
ALLE D 0.03% 0.08% 0.03%
AMAT F 0.32% 0.3% 0.3%
AMCR D 0.03% 0.07% 0.03%
AMD F 0.47% 0.47% 0.47%
AME A 0.1% 0.15% 0.1%
AMP A 0.12% 0.19% 0.12%
AMZN C 3.81% 1.47% 1.47%
ANSS B 0.06% 0.05% 0.05%
AON A 0.17% 0.11% 0.11%
AOS F 0.02% 0.06% 0.02%
APA D 0.02% 0.01% 0.01%
APH A 0.2% 0.19% 0.19%
ARE D 0.03% 0.04% 0.03%
ATO A 0.05% 0.05% 0.05%
AVB B 0.07% 0.01% 0.01%
AVGO D 1.55% 1.54% 1.54%
AVY D 0.03% 0.07% 0.03%
AXON A 0.09% 0.02% 0.02%
AXP A 0.35% 1.14% 0.35%
AZO C 0.11% 0.15% 0.11%
BAC A 0.69% 0.81% 0.69%
BALL D 0.04% 0.08% 0.04%
BBY D 0.04% 0.05% 0.04%
BEN C 0.01% 0.03% 0.01%
BK A 0.12% 0.11% 0.11%
BKR B 0.1% 0.07% 0.07%
BLDR D 0.05% 0.15% 0.05%
BR A 0.06% 0.08% 0.06%
BRK.A B 1.89% 0.06% 0.06%
BRO B 0.06% 0.04% 0.04%
BX A 0.28% 0.45% 0.28%
BXP D 0.02% 1.35% 0.02%
C A 0.3% 0.34% 0.3%
CARR D 0.13% 0.42% 0.13%
CAT B 0.42% 0.35% 0.35%
CB C 0.24% 0.17% 0.17%
CBOE B 0.05% 0.04% 0.04%
CBRE B 0.08% 0.87% 0.08%
CDNS B 0.18% 0.12% 0.12%
CDW F 0.05% 0.05% 0.05%
CEG D 0.17% 0.45% 0.17%
CFG B 0.05% 0.06% 0.05%
CHRW C 0.03% 0.0% 0.0%
CINF A 0.05% 0.04% 0.04%
CME A 0.17% 0.3% 0.17%
CMI A 0.11% 0.1% 0.1%
COF B 0.16% 0.48% 0.16%
COP C 0.31% 0.24% 0.24%
COST B 0.86% 0.47% 0.47%
CPRT A 0.11% 0.21% 0.11%
CPT B 0.03% 0.01% 0.01%
CRL C 0.02% 0.01% 0.01%
CRM B 0.68% 0.45% 0.45%
CRWD B 0.19% 0.12% 0.12%
CSGP D 0.06% 0.63% 0.06%
CSX B 0.15% 0.25% 0.15%
CTAS B 0.16% 0.34% 0.16%
CTRA B 0.05% 0.03% 0.03%
CTSH B 0.08% 0.01% 0.01%
CTVA C 0.09% 0.01% 0.01%
CVX A 0.63% 0.5% 0.5%
DAL C 0.08% 0.03% 0.03%
DAY B 0.03% 0.03% 0.03%
DD D 0.08% 0.01% 0.01%
DE A 0.22% 0.2% 0.2%
DFS B 0.1% 0.29% 0.1%
DG F 0.04% 0.02% 0.02%
DHI D 0.1% 0.33% 0.1%
DHR F 0.32% 0.19% 0.19%
DLR B 0.12% 0.07% 0.07%
DLTR F 0.04% 0.01% 0.01%
DOC D 0.03% 0.03% 0.03%
DOV A 0.06% 0.05% 0.05%
DOW F 0.07% 0.01% 0.01%
DUK C 0.18% 0.54% 0.18%
DVN F 0.06% 0.04% 0.04%
EBAY D 0.06% 0.02% 0.02%
ECL D 0.13% 0.0% 0.0%
EFX F 0.07% 0.08% 0.07%
EG C 0.04% 0.03% 0.03%
EIX B 0.07% 0.21% 0.07%
EMR A 0.16% 0.24% 0.16%
EOG A 0.18% 0.15% 0.15%
EPAM C 0.03% 0.01% 0.01%
EQR B 0.05% 0.01% 0.01%
EQT B 0.06% 0.04% 0.04%
ES D 0.05% 0.14% 0.05%
ESS B 0.04% 0.01% 0.01%
ETN A 0.32% 0.48% 0.32%
ETR B 0.07% 0.2% 0.07%
EVRG A 0.03% 0.11% 0.03%
EXC C 0.08% 0.25% 0.08%
EXPD D 0.04% 0.0% 0.0%
EXR D 0.07% 0.04% 0.04%
F C 0.1% 0.06% 0.06%
FANG D 0.08% 0.06% 0.06%
FAST B 0.1% 0.4% 0.1%
FCX D 0.14% 0.12% 0.12%
FDS B 0.04% 0.08% 0.04%
FDX B 0.14% 0.02% 0.02%
FE C 0.05% 0.15% 0.05%
FI A 0.28% 0.01% 0.01%
FIS C 0.1% 0.01% 0.01%
FITB A 0.07% 0.08% 0.07%
FSLR F 0.04% 0.04% 0.04%
FTNT C 0.12% 0.08% 0.08%
FTV C 0.06% 0.05% 0.05%
GD F 0.13% 0.03% 0.03%
GDDY A 0.06% 0.01% 0.01%
GE D 0.43% 0.08% 0.08%
GEN B 0.03% 0.02% 0.02%
GEV B 0.19% 0.31% 0.19%
GILD C 0.23% 0.14% 0.14%
GLW B 0.08% 0.09% 0.08%
GM B 0.15% 0.09% 0.09%
GOOG C 4.37% 2.72% 2.72%
GRMN B 0.07% 0.22% 0.07%
GS A 0.43% 0.64% 0.43%
GWW B 0.11% 0.44% 0.11%
HAL C 0.06% 0.04% 0.04%
HBAN A 0.06% 0.07% 0.06%
HD A 0.84% 1.17% 0.84%
HES B 0.09% 0.07% 0.07%
HIG B 0.08% 0.05% 0.05%
HII D 0.02% 0.0% 0.0%
HON B 0.32% 1.6% 0.32%
HPE B 0.07% 0.05% 0.05%
HPQ B 0.07% 0.06% 0.06%
HUBB B 0.05% 0.08% 0.05%
HWM A 0.1% 0.02% 0.02%
IBM C 0.4% 0.06% 0.06%
ICE C 0.19% 0.33% 0.19%
IEX B 0.04% 0.03% 0.03%
INCY C 0.02% 0.02% 0.02%
INTC D 0.24% 0.22% 0.22%
INTU C 0.38% 0.26% 0.26%
INVH D 0.04% 0.01% 0.01%
IP B 0.04% 0.09% 0.04%
IQV D 0.08% 0.05% 0.05%
IR B 0.09% 0.08% 0.08%
IT C 0.08% 0.02% 0.02%
ITW B 0.16% 0.15% 0.15%
J F 0.04% 0.04% 0.04%
JBHT C 0.03% 0.06% 0.03%
JBL B 0.04% 0.03% 0.03%
JCI C 0.12% 0.39% 0.12%
JNJ D 0.79% 0.37% 0.37%
JPM A 1.59% 1.74% 1.59%
KEY B 0.04% 0.05% 0.04%
KEYS A 0.06% 0.06% 0.06%
KKR A 0.22% 0.31% 0.22%
KLAC D 0.19% 0.17% 0.17%
KMI A 0.12% 0.1% 0.1%
KMX B 0.03% 0.03% 0.03%
KR B 0.08% 0.05% 0.05%
L A 0.03% 0.03% 0.03%
LDOS C 0.05% 0.05% 0.05%
LEN D 0.09% 0.28% 0.09%
LHX C 0.1% 0.02% 0.02%
LIN D 0.47% 0.03% 0.03%
LLY F 1.33% 0.57% 0.57%
LMT D 0.24% 0.05% 0.05%
LNT A 0.03% 0.11% 0.03%
LRCX F 0.21% 0.19% 0.19%
LUV C 0.04% 0.02% 0.02%
LYB F 0.05% 0.0% 0.0%
MA C 0.88% 0.04% 0.04%
MAA B 0.04% 0.01% 0.01%
MAS D 0.04% 0.12% 0.04%
MCHP D 0.08% 0.08% 0.08%
MCO B 0.16% 0.28% 0.16%
MET A 0.11% 0.08% 0.08%
META D 2.68% 3.68% 2.68%
MKTX D 0.02% 0.04% 0.02%
MLM B 0.08% 0.57% 0.08%
MMC B 0.23% 0.16% 0.16%
MMM D 0.15% 0.76% 0.15%
MO A 0.21% 0.41% 0.21%
MPC D 0.13% 0.1% 0.1%
MPWR F 0.06% 0.06% 0.06%
MRK F 0.54% 0.24% 0.24%
MRNA F 0.03% 0.02% 0.02%
MRO B 0.04% 0.03% 0.03%
MS A 0.37% 0.55% 0.37%
MSFT F 6.46% 4.24% 4.24%
MTB A 0.08% 0.09% 0.08%
MU D 0.24% 0.23% 0.23%
NDAQ A 0.07% 0.14% 0.07%
NEE D 0.32% 0.97% 0.32%
NOC D 0.15% 0.03% 0.03%
NOW A 0.43% 0.3% 0.3%
NRG B 0.04% 0.12% 0.04%
NSC B 0.13% 0.22% 0.13%
NTAP C 0.06% 0.04% 0.04%
NTRS A 0.05% 0.1% 0.05%
NUE C 0.08% 0.01% 0.01%
NVDA C 7.77% 7.62% 7.62%
NVR D 0.06% 0.21% 0.06%
NXPI D 0.13% 0.12% 0.12%
ODFL B 0.08% 0.16% 0.08%
OKE A 0.14% 0.12% 0.12%
ON D 0.07% 0.06% 0.06%
OXY D 0.08% 0.06% 0.06%
PANW C 0.29% 0.18% 0.18%
PAYC B 0.02% 0.03% 0.02%
PAYX C 0.1% 0.11% 0.1%
PCAR B 0.12% 0.11% 0.11%
PCG A 0.1% 0.26% 0.1%
PFG D 0.04% 0.04% 0.04%
PGR A 0.32% 0.23% 0.23%
PH A 0.19% 0.17% 0.17%
PHM D 0.06% 0.18% 0.06%
PKG A 0.05% 0.1% 0.05%
PM B 0.42% 0.87% 0.42%
PNC B 0.18% 0.21% 0.18%
PNR A 0.04% 0.04% 0.04%
PPL B 0.05% 0.05% 0.05%
PRU A 0.1% 0.07% 0.07%
PSA D 0.11% 0.07% 0.07%
PSX C 0.13% 0.1% 0.1%
PTC A 0.05% 0.04% 0.04%
PWR A 0.11% 0.37% 0.11%
PYPL B 0.2% 0.01% 0.01%
QCOM F 0.38% 0.39% 0.38%
QRVO F 0.01% 0.01% 0.01%
REGN F 0.17% 0.11% 0.11%
RF A 0.05% 0.07% 0.05%
RJF A 0.07% 0.13% 0.07%
ROK B 0.07% 0.1% 0.07%
ROL B 0.03% 0.06% 0.03%
ROP B 0.13% 0.09% 0.09%
ROST C 0.1% 0.14% 0.1%
RSG A 0.09% 0.2% 0.09%
RTX C 0.35% 0.06% 0.06%
RVTY F 0.03% 0.02% 0.02%
SCHW B 0.26% 0.41% 0.26%
SHW A 0.18% 0.01% 0.01%
SLB C 0.15% 0.09% 0.09%
SMCI F 0.03% 0.03% 0.03%
SNA A 0.04% 0.04% 0.04%
SNPS B 0.19% 0.12% 0.12%
SO D 0.2% 0.6% 0.2%
SPGI C 0.34% 0.55% 0.34%
STLD B 0.05% 0.01% 0.01%
STT A 0.06% 0.05% 0.05%
SW A 0.07% 0.13% 0.07%
SWK D 0.03% 0.03% 0.03%
SWKS F 0.03% 0.03% 0.03%
SYF B 0.06% 0.18% 0.06%
SYY B 0.08% 0.04% 0.04%
TDY B 0.05% 0.04% 0.04%
TER D 0.03% 0.03% 0.03%
TFC A 0.14% 0.17% 0.14%
TGT F 0.12% 0.08% 0.08%
TJX A 0.29% 0.39% 0.29%
TMO F 0.41% 0.24% 0.24%
TMUS B 0.26% 4.56% 0.26%
TRGP B 0.1% 0.08% 0.08%
TROW B 0.06% 0.05% 0.05%
TRV B 0.12% 0.09% 0.09%
TSCO D 0.06% 0.09% 0.06%
TT A 0.2% 0.65% 0.2%
TXN C 0.41% 0.39% 0.39%
TXT D 0.03% 0.01% 0.01%
TYL B 0.06% 0.04% 0.04%
UBER D 0.32% 0.49% 0.32%
ULTA F 0.03% 0.05% 0.03%
UNH C 1.17% 0.01% 0.01%
UNP C 0.31% 0.54% 0.31%
UPS C 0.2% 0.04% 0.04%
URI B 0.12% 0.47% 0.12%
USB A 0.18% 0.2% 0.18%
V A 1.0% 0.04% 0.04%
VICI C 0.07% 0.05% 0.05%
VLO C 0.11% 0.08% 0.08%
VLTO D 0.05% 0.11% 0.05%
VMC B 0.08% 0.59% 0.08%
VRSK A 0.09% 0.09% 0.09%
VRTX F 0.26% 0.15% 0.15%
VST B 0.11% 0.19% 0.11%
VTR C 0.05% 0.06% 0.05%
VTRS A 0.04% 0.01% 0.01%
WAB B 0.08% 0.07% 0.07%
WAT B 0.05% 0.03% 0.03%
WBA F 0.01% 0.0% 0.0%
WDC D 0.05% 0.04% 0.04%
WELL A 0.16% 0.18% 0.16%
WFC A 0.59% 0.64% 0.59%
WM A 0.17% 0.37% 0.17%
WMB A 0.16% 0.13% 0.13%
WMT A 0.77% 0.45% 0.45%
WRB A 0.04% 0.03% 0.03%
WST C 0.05% 0.03% 0.03%
WTW B 0.07% 0.05% 0.05%
WY D 0.05% 0.03% 0.03%
XEL A 0.08% 0.24% 0.08%
XOM B 1.23% 0.95% 0.95%
XYL D 0.07% 0.06% 0.06%
ZBRA B 0.04% 0.04% 0.04%
ZTS D 0.16% 0.08% 0.08%
QVML Overweight 132 Positions Relative to INRO
Symbol Grade Weight
PG A 0.84%
NFLX A 0.83%
KO D 0.53%
CSCO B 0.51%
DIS B 0.45%
PEP F 0.45%
ISRG A 0.41%
ABT B 0.41%
BKNG A 0.37%
VZ C 0.36%
CMCSA B 0.36%
T A 0.32%
BLK C 0.31%
BSX B 0.28%
SYK C 0.27%
MDT D 0.23%
PLD D 0.22%
ANET C 0.21%
CI F 0.2%
NKE D 0.2%
ELV F 0.2%
MCK B 0.19%
MSI B 0.18%
MDLZ F 0.18%
CMG B 0.17%
CL D 0.16%
CVS D 0.15%
HCA F 0.14%
BDX F 0.14%
SRE A 0.13%
ABNB C 0.13%
SPG B 0.13%
RCL A 0.12%
KMB D 0.1%
D C 0.1%
O D 0.1%
CHTR C 0.09%
COR B 0.09%
EW C 0.09%
EA A 0.09%
KVUE A 0.09%
PEG A 0.09%
GIS D 0.08%
LULU C 0.08%
MNST C 0.08%
STZ D 0.08%
HUM C 0.08%
TTWO A 0.07%
KDP D 0.07%
ED D 0.07%
CNC D 0.07%
IDXX F 0.07%
RMD C 0.07%
GEHC F 0.07%
AWK D 0.06%
CHD B 0.06%
CPAY A 0.06%
ADM D 0.06%
UAL A 0.06%
DECK A 0.06%
CAH B 0.06%
PPG F 0.06%
GPN B 0.06%
WEC A 0.06%
LH C 0.05%
K A 0.05%
IFF D 0.05%
AEE A 0.05%
EXPE B 0.05%
KHC F 0.05%
ZBH C 0.05%
HSY F 0.05%
WBD C 0.05%
CCL B 0.05%
DTE C 0.05%
NI A 0.04%
KIM A 0.04%
FOXA B 0.04%
MOH F 0.04%
CF B 0.04%
GPC D 0.04%
DGX A 0.04%
HOLX D 0.04%
MKC D 0.04%
TSN B 0.04%
DRI B 0.04%
CNP B 0.04%
OMC C 0.04%
CMS C 0.04%
STE F 0.04%
UHS D 0.03%
EMN D 0.03%
REG B 0.03%
JKHY D 0.03%
TPR B 0.03%
CAG D 0.03%
HST C 0.03%
UDR B 0.03%
BG F 0.03%
POOL C 0.03%
AKAM D 0.03%
FFIV B 0.03%
APTV D 0.03%
NWSA B 0.03%
BAX D 0.03%
ALGN D 0.03%
MHK D 0.02%
FMC D 0.02%
CE F 0.02%
RL B 0.02%
FRT B 0.02%
CZR F 0.02%
IVZ B 0.02%
BWA D 0.02%
DVA B 0.02%
CPB D 0.02%
TFX F 0.02%
SOLV C 0.02%
HRL D 0.02%
MOS F 0.02%
GL B 0.02%
MGM D 0.02%
HSIC B 0.02%
PNW B 0.02%
LKQ D 0.02%
LW C 0.02%
TAP C 0.02%
NCLH B 0.02%
IPG D 0.02%
JNPR F 0.02%
GNRC B 0.02%
PARA C 0.01%
QVML Underweight 114 Positions Relative to INRO
Symbol Grade Weight
GOOGL C -3.13%
TSLA B -1.32%
ORCL B -0.45%
LOW D -0.43%
Z A -0.25%
WCN A -0.21%
ORLY B -0.21%
AMGN D -0.2%
COIN C -0.2%
EME C -0.19%
PLTR B -0.18%
WSO A -0.16%
MSCI C -0.16%
VRT B -0.16%
MRVL B -0.16%
PFE D -0.14%
LII A -0.14%
CSL C -0.14%
OC A -0.12%
ARES A -0.12%
AMT D -0.11%
NEM D -0.11%
ACM A -0.11%
BMY B -0.11%
APP B -0.1%
EQIX A -0.1%
MSTR C -0.1%
LNG B -0.09%
OTIS C -0.08%
LPLA A -0.08%
FICO B -0.08%
WDAY B -0.08%
DELL C -0.07%
MELI D -0.07%
CCI D -0.06%
DDOG A -0.06%
HOOD B -0.06%
TEAM A -0.06%
FBIN D -0.06%
TW A -0.06%
HUBS A -0.05%
CG A -0.05%
CCK C -0.05%
BURL A -0.05%
TPL A -0.05%
WSM B -0.05%
FCNCA A -0.05%
PINS D -0.05%
TRMB B -0.04%
ALNY D -0.04%
MKL A -0.04%
IRM D -0.04%
BA F -0.04%
BAH F -0.04%
TRU D -0.04%
MANH D -0.03%
DT C -0.03%
PSTG D -0.03%
ZS C -0.03%
ILMN D -0.03%
NDSN B -0.03%
SBAC D -0.03%
BIIB F -0.03%
TDG D -0.03%
GGG B -0.03%
ENTG D -0.03%
SNAP C -0.03%
ZM B -0.03%
AES F -0.03%
SSNC B -0.03%
STX D -0.03%
DKS C -0.03%
MTD D -0.03%
KNX B -0.03%
BMRN D -0.02%
NBIX C -0.02%
TTC D -0.02%
DINO D -0.02%
SEIC B -0.02%
ERIE D -0.02%
ENPH F -0.02%
AVTR F -0.02%
ALLY C -0.02%
AFG A -0.02%
UHAL D -0.02%
IOT A -0.02%
UTHR C -0.02%
BBWI D -0.02%
CNH C -0.02%
MTCH D -0.02%
OVV B -0.02%
DOCU A -0.02%
GLPI C -0.02%
APD A -0.01%
SUI D -0.01%
ACI C -0.01%
MDB C -0.01%
RS B -0.01%
VRSN F -0.01%
HEI B -0.01%
RPRX D -0.01%
TWLO A -0.01%
BIO D -0.01%
NET B -0.01%
APO B -0.01%
CTLT B -0.01%
RIVN F -0.01%
EXAS D -0.01%
SNOW C -0.01%
TECH D -0.01%
CHRD D -0.01%
BSY D -0.01%
FNF B -0.0%
HEI B -0.0%
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