QVML vs. USCL ETF Comparison

Comparison of Invesco S&P 500 QVM Multi-factor ETF (QVML) to iShares Climate Conscious & Transition MSCI USA ETF (USCL)

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

USCL

iShares Climate Conscious & Transition MSCI USA ETF

USCL Description

The fund generally will invest at least 90% of its assets in the component securities of the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$71.65

Average Daily Volume

2,806

Number of Holdings ^*

296

* may have additional holdings in another (foreign) market

Performance

Period	QVML	USCL
30 Days	2.51%	3.79%
60 Days	4.26%	5.19%
90 Days	5.72%	7.34%
12 Months	32.76%	35.52%

235 Overlapping Holdings

	Symbol	Grade	Weight in QVML	Weight in USCL	Overlap
	A	D	0.08%	0.1%	0.08%
	AAPL	C	7.12%	5.23%	5.23%
	ABBV	D	0.64%	0.81%	0.64%
	ABNB	C	0.13%	0.16%	0.13%
	ABT	B	0.41%	0.54%	0.41%
	ACGL	D	0.08%	0.1%	0.08%
	ACN	C	0.47%	0.61%	0.47%
	ADBE	C	0.49%	0.63%	0.49%
	ADI	D	0.23%	0.28%	0.23%
	ADP	B	0.26%	0.33%	0.26%
	ADSK	A	0.14%	0.18%	0.14%
	AEP	D	0.1%	0.13%	0.1%
	AIG	B	0.11%	0.14%	0.11%
	AJG	B	0.13%	0.18%	0.13%
	AKAM	D	0.03%	0.04%	0.03%
	AMD	F	0.47%	0.61%	0.47%
	AME	A	0.1%	0.12%	0.1%
	AMZN	C	3.94%	5.13%	3.94%
	ANSS	B	0.06%	0.08%	0.06%
	AON	A	0.17%	0.2%	0.17%
	ARE	D	0.04%	0.05%	0.04%
	ATO	A	0.04%	0.06%	0.04%
	AVB	B	0.07%	0.09%	0.07%
	AVGO	D	1.61%	2.04%	1.61%
	AVY	D	0.03%	0.04%	0.03%
	AWK	D	0.05%	0.07%	0.05%
	AXP	A	0.35%	0.45%	0.35%
	BAC	A	0.69%	0.87%	0.69%
	BALL	D	0.04%	0.05%	0.04%
	BK	A	0.12%	0.16%	0.12%
	BKNG	A	0.36%	0.46%	0.36%
	BKR	B	0.1%	0.12%	0.1%
	BLK	C	0.32%	0.42%	0.32%
	BR	A	0.06%	0.07%	0.06%
	BSX	B	0.27%	0.35%	0.27%
	BX	A	0.27%	0.35%	0.27%
	BXP	D	0.02%	0.03%	0.02%
	CAT	B	0.42%	0.51%	0.42%
	CB	C	0.25%	0.3%	0.25%
	CBOE	B	0.04%	0.06%	0.04%
	CBRE	B	0.08%	0.11%	0.08%
	CDNS	B	0.18%	0.22%	0.18%
	CEG	D	0.16%	0.19%	0.16%
	CHD	B	0.05%	0.07%	0.05%
	CHTR	C	0.09%	0.1%	0.09%
	CL	D	0.16%	0.19%	0.16%
	CMCSA	B	0.37%	0.46%	0.37%
	CME	A	0.17%	0.22%	0.17%
	CMG	B	0.17%	0.22%	0.17%
	CMI	A	0.11%	0.14%	0.11%
	COP	C	0.31%	0.36%	0.31%
	CPB	D	0.02%	0.02%	0.02%
	CPRT	A	0.11%	0.13%	0.11%
	CRL	C	0.02%	0.03%	0.02%
	CRM	B	0.69%	0.87%	0.69%
	CRWD	B	0.18%	0.21%	0.18%
	CSCO	B	0.51%	0.63%	0.51%
	CSX	B	0.15%	0.19%	0.15%
	CTAS	B	0.15%	0.21%	0.15%
	CTSH	B	0.09%	0.11%	0.09%
	CTVA	C	0.09%	0.11%	0.09%
	CVS	D	0.15%	0.19%	0.15%
	CVX	A	0.63%	0.77%	0.63%
	D	C	0.1%	0.13%	0.1%
	DAY	B	0.03%	0.03%	0.03%
	DD	D	0.08%	0.09%	0.08%
	DE	A	0.21%	0.28%	0.21%
	DECK	A	0.06%	0.07%	0.06%
	DFS	B	0.1%	0.12%	0.1%
	DHR	F	0.33%	0.43%	0.33%
	DIS	B	0.43%	0.54%	0.43%
	DLR	B	0.12%	0.16%	0.12%
	DOC	D	0.03%	0.04%	0.03%
	DOV	A	0.06%	0.08%	0.06%
	DUK	C	0.18%	0.23%	0.18%
	DVA	B	0.02%	0.02%	0.02%
	EBAY	D	0.06%	0.08%	0.06%
	ECL	D	0.13%	0.17%	0.13%
	ED	D	0.07%	0.09%	0.07%
	EFX	F	0.07%	0.09%	0.07%
	EMR	A	0.16%	0.2%	0.16%
	EOG	A	0.18%	0.21%	0.18%
	EQR	B	0.05%	0.07%	0.05%
	ES	D	0.05%	0.06%	0.05%
	ETN	A	0.31%	0.39%	0.31%
	EW	C	0.09%	0.11%	0.09%
	EXC	C	0.08%	0.1%	0.08%
	EXPD	D	0.04%	0.05%	0.04%
	F	C	0.1%	0.12%	0.1%
	FANG	D	0.08%	0.09%	0.08%
	FCX	D	0.14%	0.17%	0.14%
	FDS	B	0.04%	0.05%	0.04%
	FDX	B	0.15%	0.18%	0.15%
	FI	A	0.26%	0.33%	0.26%
	FIS	C	0.1%	0.13%	0.1%
	FSLR	F	0.04%	0.05%	0.04%
	FTNT	C	0.13%	0.17%	0.13%
	FTV	C	0.06%	0.07%	0.06%
	GEN	B	0.04%	0.05%	0.04%
	GILD	C	0.24%	0.31%	0.24%
	GIS	D	0.08%	0.1%	0.08%
	GM	B	0.15%	0.18%	0.15%
	GOOG	C	4.33%	2.03%	2.03%
	GPN	B	0.06%	0.08%	0.06%
	GRMN	B	0.07%	0.09%	0.07%
	GS	A	0.43%	0.51%	0.43%
	HD	A	0.84%	1.09%	0.84%
	HES	B	0.09%	0.11%	0.09%
	HIG	B	0.07%	0.09%	0.07%
	HPE	B	0.07%	0.07%	0.07%
	HSY	F	0.05%	0.07%	0.05%
	HUBB	B	0.05%	0.07%	0.05%
	HUM	C	0.08%	0.09%	0.08%
	IBM	C	0.39%	0.52%	0.39%
	ICE	C	0.19%	0.24%	0.19%
	IDXX	F	0.07%	0.09%	0.07%
	IEX	B	0.04%	0.05%	0.04%
	INCY	C	0.03%	0.03%	0.03%
	INTC	D	0.25%	0.29%	0.25%
	INTU	C	0.4%	0.53%	0.4%
	IQV	D	0.08%	0.1%	0.08%
	IT	C	0.09%	0.11%	0.09%
	ITW	B	0.16%	0.22%	0.16%
	JBHT	C	0.03%	0.04%	0.03%
	JCI	C	0.12%	0.15%	0.12%
	JKHY	D	0.03%	0.03%	0.03%
	JNJ	D	0.77%	0.99%	0.77%
	JPM	A	1.59%	1.88%	1.59%
	K	A	0.05%	0.06%	0.05%
	KDP	D	0.07%	0.1%	0.07%
	KIM	A	0.03%	0.04%	0.03%
	KMB	D	0.09%	0.12%	0.09%
	KMI	A	0.11%	0.14%	0.11%
	KO	D	0.52%	0.69%	0.52%
	LH	C	0.05%	0.05%	0.05%
	LIN	D	0.47%	0.59%	0.47%
	LLY	F	1.38%	1.72%	1.38%
	LNT	A	0.03%	0.04%	0.03%
	LULU	C	0.08%	0.1%	0.08%
	MA	C	0.89%	1.17%	0.89%
	MCK	B	0.18%	0.21%	0.18%
	MCO	B	0.16%	0.21%	0.16%
	MDLZ	F	0.18%	0.24%	0.18%
	META	D	2.71%	3.42%	2.71%
	MGM	D	0.02%	0.02%	0.02%
	MKC	D	0.04%	0.05%	0.04%
	MLM	B	0.08%	0.1%	0.08%
	MMC	B	0.23%	0.3%	0.23%
	MMM	D	0.16%	0.2%	0.16%
	MNST	C	0.08%	0.11%	0.08%
	MRK	F	0.54%	0.67%	0.54%
	MRO	B	0.04%	0.04%	0.04%
	MS	A	0.37%	0.44%	0.37%
	MSFT	F	6.58%	4.42%	4.42%
	NDAQ	A	0.07%	0.09%	0.07%
	NEE	D	0.31%	0.42%	0.31%
	NFLX	A	0.78%	0.98%	0.78%
	NKE	D	0.2%	0.25%	0.2%
	NOW	A	0.44%	0.58%	0.44%
	NSC	B	0.13%	0.16%	0.13%
	NTRS	A	0.05%	0.06%	0.05%
	NUE	C	0.08%	0.1%	0.08%
	NVDA	C	7.76%	6.73%	6.73%
	O	D	0.1%	0.13%	0.1%
	ODFL	B	0.09%	0.12%	0.09%
	OKE	A	0.14%	0.17%	0.14%
	OXY	D	0.08%	0.09%	0.08%
	PANW	C	0.28%	0.35%	0.28%
	PAYC	B	0.02%	0.03%	0.02%
	PAYX	C	0.1%	0.13%	0.1%
	PCAR	B	0.13%	0.16%	0.13%
	PEG	A	0.09%	0.12%	0.09%
	PEP	F	0.47%	0.61%	0.47%
	PG	A	0.82%	1.07%	0.82%
	PGR	A	0.32%	0.41%	0.32%
	PLD	D	0.22%	0.29%	0.22%
	PNR	A	0.04%	0.05%	0.04%
	PPG	F	0.06%	0.08%	0.06%
	PTC	A	0.05%	0.06%	0.05%
	PWR	A	0.1%	0.13%	0.1%
	PYPL	B	0.2%	0.23%	0.2%
	QCOM	F	0.41%	0.49%	0.41%
	REG	B	0.03%	0.04%	0.03%
	REGN	F	0.18%	0.23%	0.18%
	ROK	B	0.07%	0.09%	0.07%
	ROP	B	0.13%	0.16%	0.13%
	RSG	A	0.09%	0.13%	0.09%
	RVTY	F	0.03%	0.04%	0.03%
	SCHW	B	0.26%	0.33%	0.26%
	SHW	A	0.19%	0.25%	0.19%
	SLB	C	0.14%	0.17%	0.14%
	SNPS	B	0.19%	0.23%	0.19%
	SO	D	0.19%	0.26%	0.19%
	SPG	B	0.13%	0.16%	0.13%
	SPGI	C	0.34%	0.44%	0.34%
	SRE	A	0.12%	0.16%	0.12%
	STLD	B	0.05%	0.06%	0.05%
	STT	A	0.06%	0.08%	0.06%
	STZ	D	0.08%	0.11%	0.08%
	T	A	0.31%	0.43%	0.31%
	TAP	C	0.02%	0.03%	0.02%
	TFX	F	0.02%	0.02%	0.02%
	TGT	F	0.16%	0.19%	0.16%
	TMO	F	0.43%	0.55%	0.43%
	TMUS	B	0.26%	0.34%	0.26%
	TROW	B	0.06%	0.07%	0.06%
	TRV	B	0.12%	0.16%	0.12%
	TT	A	0.2%	0.25%	0.2%
	TXN	C	0.42%	0.51%	0.42%
	UBER	D	0.33%	0.36%	0.33%
	ULTA	F	0.04%	0.05%	0.04%
	UNH	C	1.15%	1.47%	1.15%
	UNP	C	0.31%	0.39%	0.31%
	UPS	C	0.2%	0.26%	0.2%
	USB	A	0.17%	0.21%	0.17%
	V	A	0.99%	1.31%	0.99%
	VICI	C	0.07%	0.09%	0.07%
	VRSK	A	0.09%	0.11%	0.09%
	VRTX	F	0.27%	0.34%	0.27%
	VZ	C	0.34%	0.46%	0.34%
	WAB	B	0.08%	0.09%	0.08%
	WAT	B	0.05%	0.06%	0.05%
	WELL	A	0.16%	0.22%	0.16%
	WFC	A	0.58%	0.69%	0.58%
	WM	A	0.17%	0.24%	0.17%
	WMT	A	0.74%	1.01%	0.74%
	WRB	A	0.04%	0.05%	0.04%
	WST	C	0.05%	0.07%	0.05%
	WTW	B	0.07%	0.09%	0.07%
	WY	D	0.05%	0.06%	0.05%
	XEL	A	0.08%	0.1%	0.08%
	XOM	B	1.22%	1.46%	1.22%
	XYL	D	0.07%	0.08%	0.07%
	ZBH	C	0.05%	0.06%	0.05%
	ZTS	D	0.16%	0.22%	0.16%

QVML Overweight 212 Positions Relative to USCL

	Symbol	Grade	Weight
	BRK.A	B	1.87%
	COST	B	0.85%
	GE	D	0.43%
	PM	B	0.41%
	ISRG	A	0.4%
	RTX	C	0.34%
	AMAT	F	0.34%
	HON	B	0.32%
	C	A	0.3%
	TJX	A	0.28%
	SYK	C	0.27%
	MU	D	0.25%
	MDT	D	0.24%
	LMT	D	0.24%
	LRCX	F	0.22%
	KKR	A	0.22%
	ANET	C	0.21%
	CI	F	0.2%
	APH	A	0.2%
	KLAC	D	0.2%
	MO	A	0.2%
	ELV	F	0.2%
	PH	A	0.19%
	MSI	B	0.18%
	GEV	B	0.18%
	PNC	B	0.18%
	COF	B	0.16%
	WMB	A	0.15%
	NOC	D	0.15%
	TFC	A	0.14%
	GD	F	0.14%
	BDX	F	0.14%
	HCA	F	0.14%
	URI	B	0.13%
	PSX	C	0.13%
	CARR	D	0.13%
	MPC	D	0.13%
	NXPI	D	0.13%
	AZO	C	0.12%
	RCL	A	0.12%
	AMP	A	0.12%
	AFL	B	0.12%
	PSA	D	0.11%
	VLO	C	0.11%
	MET	A	0.11%
	GWW	B	0.11%
	ALL	A	0.11%
	FAST	B	0.1%
	ROST	C	0.1%
	PRU	A	0.1%
	VST	B	0.1%
	LHX	C	0.1%
	DHI	D	0.1%
	KR	B	0.09%
	COR	B	0.09%
	EA	A	0.09%
	IR	B	0.09%
	LEN	D	0.09%
	KVUE	A	0.09%
	TRGP	B	0.09%
	AXON	A	0.09%
	PCG	A	0.09%
	HWM	A	0.09%
	GLW	B	0.08%
	MTB	A	0.08%
	MCHP	D	0.08%
	SYY	B	0.08%
	VMC	B	0.08%
	DAL	C	0.08%
	ETR	B	0.07%
	ON	D	0.07%
	EIX	B	0.07%
	RMD	C	0.07%
	DOW	F	0.07%
	FITB	A	0.07%
	CNC	D	0.07%
	HPQ	B	0.07%
	GEHC	F	0.07%
	EXR	D	0.07%
	TYL	B	0.06%
	HBAN	A	0.06%
	ADM	D	0.06%
	CPAY	A	0.06%
	BRO	B	0.06%
	UAL	A	0.06%
	PHM	D	0.06%
	KEYS	A	0.06%
	DVN	F	0.06%
	SW	A	0.06%
	SYF	B	0.06%
	GDDY	A	0.06%
	TSCO	D	0.06%
	MPWR	F	0.06%
	CAH	B	0.06%
	HAL	C	0.06%
	WEC	A	0.06%
	CSGP	D	0.06%
	NVR	D	0.06%
	TTWO	A	0.06%
	RJF	A	0.06%
	PKG	A	0.05%
	STE	F	0.05%
	LYB	F	0.05%
	BLDR	D	0.05%
	TDY	B	0.05%
	CFG	B	0.05%
	IFF	D	0.05%
	VLTO	D	0.05%
	AEE	A	0.05%
	LDOS	C	0.05%
	CINF	A	0.05%
	VTR	C	0.05%
	PPL	B	0.05%
	CCL	B	0.05%
	EXPE	B	0.05%
	DTE	C	0.05%
	WBD	C	0.05%
	NTAP	C	0.05%
	KHC	F	0.05%
	CDW	F	0.05%
	RF	A	0.05%
	EQT	B	0.05%
	EG	C	0.04%
	CF	B	0.04%
	TER	D	0.04%
	DLTR	F	0.04%
	TXT	D	0.04%
	DG	F	0.04%
	FOXA	B	0.04%
	MAS	D	0.04%
	DGX	A	0.04%
	MAA	B	0.04%
	BBY	D	0.04%
	MOH	F	0.04%
	GPC	D	0.04%
	HOLX	D	0.04%
	J	F	0.04%
	CNP	B	0.04%
	TSN	B	0.04%
	PFG	D	0.04%
	ESS	B	0.04%
	KEY	B	0.04%
	SNA	A	0.04%
	LUV	C	0.04%
	CMS	C	0.04%
	INVH	D	0.04%
	CTRA	B	0.04%
	DRI	B	0.04%
	NRG	B	0.04%
	IP	B	0.04%
	ZBRA	B	0.04%
	FE	C	0.04%
	OMC	C	0.04%
	WDC	D	0.04%
	AIZ	A	0.03%
	GNRC	B	0.03%
	EMN	D	0.03%
	ALLE	D	0.03%
	UHS	D	0.03%
	JNPR	F	0.03%
	MRNA	F	0.03%
	HST	C	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%
	EVRG	A	0.03%
	ROL	B	0.03%
	FFIV	B	0.03%
	SWKS	F	0.03%
	AMCR	D	0.03%
	BAX	D	0.03%
	NWSA	B	0.03%
	L	A	0.03%
	NI	A	0.03%
	VTRS	A	0.03%
	APTV	D	0.03%
	ALGN	D	0.03%
	JBL	B	0.03%
	FMC	D	0.02%
	MHK	D	0.02%
	CE	F	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%
	SMCI	F	0.02%
	SOLV	C	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%
	PNW	B	0.02%
	LKQ	D	0.02%
	NCLH	B	0.02%
	LW	C	0.02%
	IPG	D	0.02%
	PARA	C	0.01%
	BEN	C	0.01%
	WBA	F	0.01%
	QRVO	F	0.01%

QVML Underweight 61 Positions Relative to USCL

	Symbol	Grade	Weight
	TSLA	B	-2.41%
	GOOGL	C	-2.33%
	ORCL	B	-0.84%
	MCD	D	-0.58%
	AMGN	D	-0.43%
	PFE	D	-0.4%
	BMY	B	-0.32%
	PLTR	B	-0.32%
	SBUX	A	-0.3%
	AMT	D	-0.24%
	MELI	D	-0.23%
	EQIX	A	-0.23%
	CRH	A	-0.19%
	MAR	B	-0.19%
	APO	B	-0.18%
	HLT	A	-0.17%
	WDAY	B	-0.16%
	SQ	B	-0.13%
	NEM	D	-0.13%
	WCN	A	-0.13%
	CCI	D	-0.12%
	SNOW	C	-0.11%
	TEAM	A	-0.11%
	DELL	C	-0.1%
	YUM	B	-0.1%
	HUBS	A	-0.09%
	NET	B	-0.08%
	MTD	D	-0.07%
	LII	A	-0.06%
	CLX	B	-0.06%
	CSL	C	-0.06%
	ILMN	D	-0.06%
	BIIB	F	-0.06%
	WSM	B	-0.05%
	OC	A	-0.05%
	MANH	D	-0.05%
	TRMB	B	-0.05%
	FWONK	B	-0.05%
	RPM	A	-0.05%
	PINS	D	-0.05%
	LVS	C	-0.05%
	ZS	C	-0.05%
	TRU	D	-0.05%
	BAH	F	-0.05%
	ACM	A	-0.04%
	TW	A	-0.04%
	EL	F	-0.04%
	GGG	B	-0.04%
	TWLO	A	-0.04%
	WYNN	D	-0.03%
	WTRG	B	-0.03%
	CTLT	B	-0.03%
	CCK	C	-0.03%
	SNAP	C	-0.03%
	CG	A	-0.03%
	ALB	C	-0.03%
	OKTA	C	-0.03%
	AZPN	A	-0.02%
	H	B	-0.02%
	BSY	D	-0.02%
	MTCH	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

USCL: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Business Services Diagnostics & Research Drug Manufacturers - Major Asset Management Utilities - Regulated Electric Capital Markets Semiconductors Household & Personal Products Internet Content & Information Oil & Gas E&P Software - Infrastructure Specialty Chemicals Credit Services Specialty Retail Beverages - Soft Drinks Financial Data & Stock Exchanges Information Technology Services Insurance - Property & Casualty

Keywords: S&P 500 Nasdaq 100 Dow Jones Component Natural Gas Computing Insurance Chemical Electricity Mining Work From Home Electronics Telecommunications Real Estate Investment Trust Software Beverage Mobile Devices Software As A Service Disease Medicine Oil And Gas