QVMM vs. DRV ETF Comparison

Comparison of Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM) to Drexion Daily Real Estate Bear 3x Shares (DRV)

QVMM

Invesco S&P MidCap 400 QVM Multi-factor ETF

QVMM Description

The investment seeks to track the investment results of the S&P MidCap 400 Â® Quality, Value & Momentum Top 90% Multi- Factor Index (the âunderlying indexâ). The fund 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 MidCap 400 Â® 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

$28.99

Average Daily Volume

3,041

Number of Holdings ^*

352

* may have additional holdings in another (foreign) market

DRV

Drexion Daily Real Estate Bear 3x Shares

DRV Description

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the MSCI US REIT IndexSM. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that provide leveraged and unleveraged exposure to the index. The index is comprised of equity REITs that are included in the MSCI US Investable Market 2500 Index, with the exception of specialty equity REITs that do not generate a majority of their revenue and income from real estate rental and leasing operations. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.66

Average Daily Volume

175,876

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QVMM	DRV
30 Days	4.13%	-15.87%
60 Days	3.87%	-25.17%
90 Days	7.13%	-37.16%
12 Months	24.47%	-52.30%

22 Overlapping Holdings

Symbol	Grade	Weight in QVMM	Weight in DRV	Overlap
ADC	C	0.31%	0.23%	0.23%
AMH	C	0.54%	0.56%	0.54%
BRX	B	0.34%	0.48%	0.34%
CUBE	B	0.48%	0.47%	0.47%
CUZ	B	0.18%	0.47%	0.18%
EGP	B	0.35%	0.39%	0.35%
EPR	B	0.15%	0.43%	0.15%
FR	B	0.29%	0.42%	0.29%
GLPI	C	0.58%	0.72%	0.58%
JLL	B	0.48%	0.68%	0.48%
KRC	B	0.16%	0.64%	0.16%
LAMR	B	0.46%	0.61%	0.46%
NNN	C	0.35%	0.7%	0.35%
OHI	B	0.42%	0.73%	0.42%
PCH	C	0.15%	0.23%	0.15%
PK	D	0.12%	0.46%	0.12%
REXR	C	0.43%	0.4%	0.4%
RYN	C	0.17%	0.32%	0.17%
SBRA	C	0.18%	0.32%	0.18%
STAG	C	0.29%	0.32%	0.29%
VNO	B	0.23%	0.89%	0.23%
WPC	C	0.56%	1.09%	0.56%

QVMM Overweight 330 Positions Relative to DRV

Symbol	Grade	Weight
CSL	B	0.8%
EME	B	0.75%
LII	B	0.71%
RS	D	0.69%
WSM	D	0.67%
FNF	B	0.64%
UTHR	C	0.64%
THC	A	0.63%
MANH	B	0.63%
TOL	B	0.62%
RPM	B	0.62%
WSO	C	0.59%
RGA	C	0.58%
OC	D	0.58%
IBKR	B	0.56%
RNR	C	0.56%
GGG	C	0.56%
USFD	B	0.54%
PSTG	F	0.53%
ACM	B	0.53%
ERIE	B	0.53%
EQH	C	0.51%
XPO	D	0.51%
DKS	D	0.51%
CW	B	0.5%
FIX	B	0.5%
CASY	D	0.5%
TTEK	C	0.49%
NBIX	F	0.49%
BLD	D	0.48%
SCI	B	0.48%
DT	C	0.48%
CLH	A	0.48%
EWBC	D	0.47%
FND	C	0.46%
ITT	B	0.46%
PFGC	B	0.46%
CCK	A	0.46%
NVT	D	0.44%
BJ	D	0.44%
SFM	B	0.44%
TXRH	C	0.44%
JEF	B	0.43%
OVV	F	0.43%
LECO	F	0.43%
CACI	B	0.43%
UNM	B	0.43%
RRX	C	0.42%
KNSL	C	0.41%
WWD	D	0.41%
ATR	B	0.41%
WMS	D	0.41%
LNW	B	0.41%
SAIA	D	0.4%
WTRG	D	0.4%
EHC	C	0.39%
ORI	B	0.39%
RGLD	C	0.39%
FHN	D	0.38%
MUSA	D	0.38%
BWXT	D	0.38%
ARMK	B	0.38%
GPK	B	0.37%
INGR	B	0.37%
EXP	B	0.37%
ONTO	D	0.37%
SF	A	0.36%
RBC	C	0.36%
ALLY	F	0.36%
NYT	C	0.36%
PRI	B	0.36%
CG	D	0.36%
CHRD	F	0.36%
AFG	B	0.36%
TPX	C	0.35%
SNX	D	0.35%
WEX	C	0.35%
CHE	C	0.35%
DCI	C	0.34%
OGE	C	0.34%
CHK	D	0.34%
SKX	D	0.34%
EVR	A	0.34%
KBR	D	0.34%
HRB	C	0.34%
SAIC	C	0.33%
VOYA	B	0.33%
COHR	C	0.33%
FYBR	C	0.33%
HLI	B	0.33%
KNX	C	0.33%
CIEN	C	0.32%
AYI	B	0.32%
MEDP	F	0.32%
EXEL	C	0.32%
AIT	A	0.32%
BRBR	C	0.32%
MORN	C	0.32%
X	F	0.32%
WBS	D	0.32%
CR	C	0.31%
CROX	D	0.31%
OLED	C	0.31%
AR	F	0.31%
BERY	B	0.31%
RGEN	F	0.31%
CNM	F	0.31%
ALV	F	0.31%
DUOL	B	0.31%
FCN	D	0.31%
TTC	D	0.3%
FLR	D	0.3%
UFPI	C	0.3%
DINO	F	0.3%
SSB	B	0.3%
SSD	D	0.3%
AXTA	B	0.3%
CBSH	C	0.3%
FAF	B	0.29%
DTM	B	0.29%
PR	F	0.29%
HALO	C	0.29%
LAD	D	0.29%
CFR	C	0.29%
KEX	C	0.29%
TMHC	A	0.29%
PB	B	0.29%
SWN	D	0.29%
ACHC	C	0.29%
LNTH	D	0.29%
PNFP	B	0.29%
PCTY	C	0.28%
MIDD	D	0.28%
SEIC	C	0.28%
WCC	D	0.28%
RRC	D	0.28%
TREX	D	0.28%
LSCC	D	0.28%
ESNT	B	0.27%
WTFC	B	0.27%
NOV	F	0.27%
MTG	B	0.27%
CRUS	D	0.27%
OSK	F	0.27%
MAT	C	0.27%
SNV	C	0.27%
CGNX	F	0.27%
WFRD	F	0.27%
ZION	D	0.27%
MTZ	B	0.27%
GNTX	F	0.27%
CELH	F	0.26%
H	C	0.26%
JAZZ	D	0.26%
AAON	B	0.26%
CMC	D	0.26%
DBX	D	0.26%
HQY	C	0.26%
G	C	0.26%
CLF	F	0.26%
MSA	D	0.26%
ARW	C	0.26%
LSTR	D	0.26%
OPCH	C	0.25%
LEA	F	0.25%
KBH	A	0.25%
FLS	D	0.25%
AA	D	0.25%
WH	B	0.25%
RLI	B	0.25%
MKSI	F	0.25%
SIGI	D	0.24%
OLLI	C	0.24%
GXO	D	0.24%
MTDR	F	0.24%
CVLT	B	0.24%
NOVT	D	0.24%
BRKR	D	0.24%
LPX	B	0.24%
LFUS	C	0.24%
DAR	F	0.24%
ELF	F	0.24%
STWD	B	0.24%
AMG	C	0.24%
POST	C	0.24%
EXLS	B	0.24%
ONB	C	0.24%
R	A	0.24%
CHX	F	0.23%
SON	C	0.23%
THG	B	0.23%
BC	C	0.23%
CADE	C	0.23%
NFG	B	0.23%
KRG	B	0.23%
AGCO	D	0.23%
PVH	F	0.23%
CBT	B	0.23%
ESAB	C	0.23%
COKE	C	0.23%
TKR	D	0.22%
OLN	D	0.22%
KD	D	0.22%
ST	D	0.22%
IDA	C	0.22%
NXST	D	0.22%
UGI	C	0.22%
HXL	F	0.22%
WTS	C	0.22%
XRAY	D	0.22%
WHR	D	0.21%
GATX	D	0.21%
HOMB	B	0.21%
VNT	F	0.21%
MMS	C	0.21%
FNB	C	0.21%
MDU	C	0.21%
MUR	F	0.21%
VMI	D	0.21%
CIVI	F	0.21%
EXPO	A	0.21%
THO	D	0.21%
MTSI	D	0.21%
GAP	F	0.2%
CPRI	D	0.2%
GBCI	B	0.2%
FFIN	B	0.2%
UBSI	B	0.2%
AM	C	0.2%
POR	C	0.2%
BCO	B	0.2%
SRCL	A	0.2%
VVV	D	0.2%
COLB	B	0.2%
FLO	C	0.19%
NJR	B	0.19%
KNF	B	0.19%
OZK	D	0.19%
MASI	F	0.19%
WLK	D	0.19%
SLM	D	0.19%
HOG	C	0.19%
JHG	B	0.19%
IRT	B	0.18%
APPF	D	0.18%
DOCS	B	0.18%
ASGN	D	0.18%
SWX	C	0.18%
UMBF	B	0.18%
QLYS	F	0.18%
EEFT	D	0.18%
AVT	C	0.18%
CNX	B	0.17%
BDC	B	0.17%
AVNT	B	0.17%
WU	F	0.17%
AN	D	0.17%
SLGN	B	0.17%
LOPE	D	0.17%
DLB	D	0.17%
ASH	D	0.17%
BKH	B	0.17%
PII	D	0.17%
HWC	D	0.17%
ENS	D	0.16%
RMBS	F	0.16%
OGS	B	0.16%
M	F	0.16%
BYD	C	0.16%
VLY	C	0.15%
PRGO	D	0.15%
MSM	D	0.15%
NWE	B	0.15%
PBF	F	0.15%
ALE	B	0.15%
KMPR	D	0.15%
HAE	F	0.15%
SR	B	0.15%
TEX	F	0.15%
CNO	B	0.15%
NEU	D	0.15%
NSA	B	0.14%
IBOC	D	0.14%
TCBI	B	0.14%
VAL	F	0.14%
MAN	C	0.14%
COTY	F	0.14%
NVST	D	0.14%
SLAB	D	0.14%
BLKB	C	0.14%
LANC	D	0.14%
CNXC	F	0.13%
YETI	D	0.13%
ASB	D	0.13%
POWI	F	0.13%
FHI	A	0.12%
GHC	B	0.12%
RCM	C	0.12%
UAA	C	0.12%
ZI	D	0.12%
TNL	D	0.12%
BHF	F	0.12%
CACC	F	0.12%
PAG	D	0.12%
TGNA	D	0.12%
COLM	C	0.12%
LIVN	D	0.12%
WEN	C	0.12%
NSP	F	0.12%
VC	F	0.11%
TDC	F	0.11%
SAM	F	0.11%
SYNA	F	0.11%
CRI	D	0.11%
AMKR	F	0.11%
VSH	F	0.1%
ENOV	D	0.1%
VAC	F	0.1%
HGV	F	0.1%
MP	D	0.09%
GT	F	0.09%
JWN	C	0.09%
ZD	D	0.09%
AZTA	F	0.09%
ADNT	F	0.08%
IPGP	F	0.08%
PPC	D	0.07%
HELE	D	0.06%
ALGM	F	0.06%
GEF	D	0.06%

QVMM Underweight 61 Positions Relative to DRV

Symbol	Grade	Weight
AMT	C	-7.96%
CCI	C	-4.65%
PLD	C	-4.59%
EQIX	C	-3.84%
SPG	B	-3.51%
WELL	C	-2.7%
PSA	B	-2.67%
EQR	B	-2.36%
AVB	B	-2.32%
SBAC	C	-2.2%
DLR	B	-2.0%
O	C	-1.87%
WY	C	-1.78%
VTR	C	-1.69%
BXP	B	-1.66%
ESS	B	-1.57%
CBRE	A	-1.5%
ARE	C	-1.42%
INVH	C	-1.26%
MAA	B	-1.18%
EXR	B	-1.1%
SUI	B	-1.08%
UDR	C	-1.07%
HST	C	-1.01%
ELS	C	-0.94%
MPW	C	-0.88%
REG	C	-0.82%
CPT	B	-0.82%
VICI	C	-0.75%
FRT	C	-0.75%
IRM	C	-0.69%
KIM	C	-0.66%
AIV	B	-0.61%
SLG	B	-0.58%
DEI	B	-0.54%
COLD	D	-0.5%
HPP	D	-0.44%
JBGS	C	-0.4%
HIW	B	-0.4%
RHP	C	-0.33%
OUT	C	-0.32%
EQC	C	-0.31%
SVC	D	-0.3%
TRNO	C	-0.29%
NHI	C	-0.28%
DOC	C	-0.27%
PEB	D	-0.26%
APLE	D	-0.26%
SHO	C	-0.24%
KW	C	-0.23%
RLJ	D	-0.23%
PDM	B	-0.23%
MAC	B	-0.22%
BDN	B	-0.21%
PGRE	C	-0.2%
LXP	B	-0.18%
XHR	B	-0.18%
UE	B	-0.18%
AAT	B	-0.18%
AKR	B	-0.17%
HASI	C	-0.17%