QVMM vs. HYBB ETF Comparison

Comparison of Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM) to iShares BB Rated Corporate Bond ETF (HYBB)
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 ® Quality, Value & Momentum Top 90% Multi- Factor Index (the “underlying index”). 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 ® 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

$31.56

Average Daily Volume

1,061

Number of Holdings *

351

* may have additional holdings in another (foreign) market
HYBB

iShares BB Rated Corporate Bond ETF

HYBB Description The investment seeks to track the investment results of the ICE BofA BB US High Yield Constrained Index composed of BB, or equivalently rated, fixed rate U.S. dollar-denominated bonds issued by U.S. and non-U.S. corporations. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates (BlackRock Cash Funds), as well as in securities not included in the index, but which BFA believes will help it track the index.

Grade (RS Rating)

Last Trade

$46.79

Average Daily Volume

53,807

Number of Holdings *

257

* may have additional holdings in another (foreign) market
Performance
Period QVMM HYBB
30 Days 7.21% 0.77%
60 Days 7.30% -0.93%
90 Days 8.34% 0.18%
12 Months 33.49% 7.81%
80 Overlapping Holdings
Symbol Grade Weight in QVMM Weight in HYBB Overlap
AA B 0.43% 0.06% 0.06%
ACM A 0.55% 0.14% 0.14%
ALLY C 0.45% 0.07% 0.07%
AM A 0.19% 0.09% 0.09%
AMKR D 0.1% 0.08% 0.08%
AR B 0.35% 0.05% 0.05%
ASGN F 0.15% 0.09% 0.09%
ASH D 0.14% 0.05% 0.05%
AVNT B 0.17% 0.09% 0.09%
AVTR F 0.47% 0.11% 0.11%
AXTA A 0.32% 0.08% 0.08%
BCO D 0.15% 0.06% 0.06%
BERY B 0.29% 0.03% 0.03%
BLD D 0.42% 0.05% 0.05%
BWXT B 0.45% 0.06% 0.06%
BYD C 0.17% 0.12% 0.12%
CCK C 0.38% 0.06% 0.06%
CHRD D 0.32% 0.04% 0.04%
CIEN B 0.37% 0.06% 0.06%
CIVI D 0.19% 0.06% 0.06%
CLF F 0.23% 0.05% 0.05%
CLH B 0.45% 0.04% 0.04%
CMC B 0.27% 0.04% 0.04%
CNX A 0.22% 0.06% 0.06%
COHR B 0.5% 0.14% 0.14%
COTY F 0.1% 0.07% 0.07%
CRI D 0.06% 0.08% 0.06%
CXT B 0.1% 0.04% 0.04%
DAR C 0.28% 0.07% 0.07%
EHC B 0.36% 0.05% 0.05%
ENS D 0.14% 0.04% 0.04%
ESAB B 0.26% 0.11% 0.11%
FLR B 0.36% 0.08% 0.08%
GAP C 0.18% 0.1% 0.1%
GHC C 0.12% 0.07% 0.07%
GPK C 0.32% 0.04% 0.04%
HGV B 0.11% 0.12% 0.11%
JAZZ B 0.29% 0.19% 0.19%
JWN C 0.08% 0.05% 0.05%
KBH D 0.21% 0.04% 0.04%
KBR F 0.31% 0.04% 0.04%
LAD A 0.42% 0.07% 0.07%
LAMR D 0.4% 0.05% 0.05%
LPX B 0.26% 0.05% 0.05%
M D 0.15% 0.02% 0.02%
MTDR B 0.28% 0.08% 0.08%
MUR D 0.18% 0.05% 0.05%
MUSA A 0.35% 0.04% 0.04%
NXST C 0.19% 0.13% 0.13%
OLN D 0.18% 0.07% 0.07%
PAG B 0.12% 0.07% 0.07%
PFGC B 0.48% 0.14% 0.14%
PK B 0.12% 0.09% 0.09%
POST C 0.2% 0.15% 0.15%
PPC C 0.09% 0.08% 0.08%
PR B 0.3% 0.05% 0.05%
PRGO B 0.14% 0.04% 0.04%
RRC B 0.31% 0.06% 0.06%
SCI B 0.44% 0.08% 0.08%
SLGN A 0.16% 0.09% 0.09%
SLM A 0.2% 0.08% 0.08%
ST F 0.18% 0.06% 0.06%
STWD C 0.22% 0.05% 0.05%
SYNA C 0.11% 0.05% 0.05%
TCBI B 0.14% 0.06% 0.06%
TEX D 0.14% 0.09% 0.09%
THC D 0.55% 0.08% 0.08%
THO B 0.23% 0.08% 0.08%
TMHC B 0.27% 0.06% 0.06%
TNL A 0.14% 0.04% 0.04%
TPX B 0.35% 0.1% 0.1%
VAL D 0.12% 0.17% 0.12%
VLY B 0.16% 0.04% 0.04%
VNO B 0.23% 0.05% 0.05%
WCC B 0.34% 0.12% 0.12%
WFRD D 0.25% 0.25% 0.25%
WH B 0.27% 0.08% 0.08%
WMS D 0.34% 0.06% 0.06%
X C 0.35% 0.04% 0.04%
XPO B 0.67% 0.08% 0.08%
QVMM Overweight 271 Positions Relative to HYBB
Symbol Grade Weight
TPL A 1.05%
EME C 0.88%
WSM B 0.8%
CSL C 0.77%
IBKR A 0.75%
LII A 0.74%
RS B 0.67%
FIX A 0.64%
OC A 0.63%
RBA A 0.62%
WSO A 0.62%
BURL A 0.61%
UTHR C 0.6%
RPM A 0.6%
PSTG D 0.58%
TOL B 0.58%
MANH D 0.58%
RGA A 0.56%
FNF B 0.56%
EWBC A 0.56%
EQH B 0.55%
GGG B 0.54%
USFD A 0.54%
SFM A 0.53%
CASY A 0.53%
CW B 0.52%
RNR C 0.5%
UNM A 0.48%
JEF A 0.48%
GLPI C 0.48%
NVT B 0.47%
ITT A 0.47%
TXRH C 0.47%
DKS C 0.46%
RRX B 0.46%
NBIX C 0.46%
SAIA B 0.45%
OVV B 0.45%
LECO B 0.45%
BMRN D 0.45%
JLL D 0.44%
SF B 0.44%
AMH D 0.43%
FHN A 0.42%
WPC D 0.42%
KNSL B 0.41%
BJ A 0.41%
FND C 0.41%
DUOL A 0.41%
EVR B 0.4%
ATR B 0.4%
TTEK F 0.39%
WBS A 0.39%
CACI D 0.38%
CUBE D 0.38%
WWD B 0.38%
AIT A 0.38%
PRI A 0.38%
DTM B 0.37%
EXP A 0.37%
RGLD C 0.36%
HLI B 0.36%
PNFP B 0.36%
OHI C 0.35%
WTRG B 0.35%
EXEL B 0.35%
ARMK B 0.35%
GMED A 0.35%
AYI B 0.35%
RBC A 0.35%
SNX C 0.35%
ORI A 0.35%
CR A 0.34%
HQY B 0.34%
ZION B 0.34%
TTC D 0.34%
WING D 0.34%
CHDN B 0.33%
AFG A 0.33%
INGR B 0.33%
BRBR A 0.33%
FBIN D 0.33%
AAON B 0.33%
DCI B 0.33%
CFR B 0.33%
REXR F 0.33%
KNX B 0.33%
CNM D 0.33%
MORN B 0.32%
MTZ B 0.32%
WTFC A 0.32%
GME C 0.31%
ONTO D 0.31%
FLS B 0.31%
CBSH A 0.31%
NYT C 0.31%
BRX A 0.31%
SSB B 0.3%
OGE B 0.3%
UFPI B 0.3%
CHE D 0.3%
PCTY B 0.3%
SNV B 0.3%
SEIC B 0.29%
MEDP D 0.29%
SKX D 0.29%
LNW D 0.29%
EGP F 0.29%
ANF C 0.28%
OSK B 0.28%
KEX C 0.28%
CVLT B 0.28%
MIDD C 0.28%
HRB D 0.28%
SSD D 0.28%
PB A 0.28%
MASI A 0.27%
RGEN D 0.27%
VOYA B 0.27%
R B 0.27%
ALV C 0.27%
NNN D 0.27%
RLI B 0.26%
GNTX C 0.26%
VMI B 0.26%
H B 0.26%
EXLS B 0.26%
LSCC D 0.26%
ADC B 0.26%
RYAN B 0.26%
G B 0.26%
TREX C 0.26%
WEX D 0.26%
MTSI B 0.26%
DINO D 0.25%
CGNX C 0.25%
GBCI B 0.25%
FR C 0.25%
GXO B 0.25%
ONB B 0.25%
NOV C 0.25%
CADE B 0.25%
FCN D 0.25%
COLB A 0.24%
MSA D 0.24%
STAG F 0.24%
FAF A 0.24%
CROX D 0.24%
KD B 0.24%
MTG C 0.24%
OLED D 0.24%
FNB A 0.23%
WHR B 0.23%
VNT B 0.23%
NOVT D 0.23%
LFUS F 0.23%
LSTR D 0.23%
MAT D 0.23%
CHX C 0.23%
ARW D 0.23%
CBT C 0.22%
SAIC F 0.22%
ESNT D 0.22%
RMBS C 0.22%
FYBR D 0.22%
COKE C 0.22%
AMG B 0.22%
DOCS C 0.22%
LNTH D 0.22%
HALO F 0.22%
ALTR B 0.22%
IDA A 0.21%
THG A 0.21%
HOMB A 0.21%
KRG B 0.21%
LEA D 0.21%
UBSI B 0.21%
JHG A 0.21%
SIGI C 0.21%
KNF A 0.2%
NFG A 0.2%
CRUS D 0.2%
PVH C 0.2%
GATX A 0.2%
AGCO D 0.2%
WTS B 0.2%
FFIN B 0.19%
BDC B 0.19%
UGI A 0.19%
UMBF B 0.19%
BRKR D 0.19%
QLYS C 0.19%
HWC B 0.19%
OZK B 0.19%
BC C 0.19%
OLLI D 0.18%
EEFT B 0.18%
APPF B 0.18%
DLB B 0.18%
HXL D 0.18%
TKR D 0.18%
SON D 0.18%
MMS F 0.18%
VVV F 0.18%
AVT C 0.18%
CELH F 0.17%
SWX B 0.17%
NJR A 0.17%
WMG C 0.17%
POR C 0.17%
IRT A 0.17%
LOPE B 0.17%
EXPO D 0.17%
KMPR B 0.16%
HAE C 0.16%
AN C 0.16%
CNO A 0.16%
CUZ B 0.16%
OGS A 0.15%
HOG D 0.15%
BKH A 0.15%
PNM F 0.15%
ORA B 0.15%
KRC C 0.15%
FLO D 0.15%
ASB B 0.15%
WLK D 0.15%
ACHC F 0.14%
XRAY F 0.14%
IBOC A 0.14%
MSM C 0.14%
UAA C 0.14%
SR A 0.14%
SBRA C 0.14%
RYN D 0.14%
LANC C 0.13%
NVST B 0.13%
PBF D 0.13%
ALE A 0.13%
OPCH D 0.13%
WU D 0.13%
PII D 0.13%
NEU C 0.13%
ROIV C 0.13%
NEOG F 0.12%
EPR D 0.12%
FHI A 0.12%
PCH D 0.12%
NWE B 0.12%
YETI C 0.12%
BHF B 0.12%
CDP C 0.12%
SLAB D 0.12%
WEN D 0.11%
ZI D 0.11%
MAN D 0.11%
NSA D 0.11%
VAC B 0.11%
VC D 0.1%
NSP D 0.1%
LIVN F 0.1%
SAM C 0.1%
GT C 0.1%
AZTA D 0.09%
COLM B 0.09%
IPGP D 0.08%
ENOV C 0.08%
GEF A 0.07%
CNXC F 0.07%
CPRI F 0.07%
VSH D 0.07%
QVMM Underweight 177 Positions Relative to HYBB
Symbol Grade Weight
WDC D -0.33%
JBLU F -0.3%
INGM F -0.29%
CCL B -0.29%
UAL A -0.27%
GTLS B -0.23%
CZR F -0.22%
SBAC D -0.2%
GTN F -0.2%
TLN B -0.19%
TDG D -0.16%
VST B -0.15%
SIRI C -0.14%
DVA B -0.14%
BFH B -0.14%
PCG A -0.14%
RBLX C -0.13%
SQ B -0.13%
AMCX C -0.13%
HLF C -0.12%
KNTK B -0.12%
HRI B -0.12%
ESI A -0.12%
VRT B -0.12%
HTZ C -0.12%
SYF B -0.11%
IGT F -0.11%
W F -0.11%
AAL B -0.11%
DTE C -0.11%
USM B -0.1%
SBH C -0.1%
BALL D -0.1%
ADT C -0.1%
CRWD B -0.1%
TRN C -0.1%
ON D -0.1%
VSAT F -0.09%
WAL B -0.09%
MOH F -0.09%
GEN B -0.09%
FTRE D -0.09%
AIR B -0.09%
CWK B -0.09%
IEP F -0.09%
GDDY A -0.09%
ATSG B -0.09%
MTN C -0.09%
GEO B -0.09%
ADNT F -0.08%
IQV D -0.08%
ACI C -0.08%
GNL F -0.08%
BLDR D -0.08%
NEP F -0.08%
OGN D -0.08%
ESTC C -0.08%
LW C -0.08%
ACCO C -0.08%
LADR B -0.08%
OUT A -0.08%
SRCL C -0.08%
PARA C -0.08%
DO D -0.08%
CXW B -0.08%
ECPG B -0.08%
ALGT B -0.08%
HHH B -0.08%
NMRK B -0.08%
SNEX B -0.08%
ZBRA B -0.08%
RNG B -0.07%
PTC A -0.07%
MD B -0.07%
KFY B -0.07%
SAH A -0.07%
RLJ C -0.07%
COOP B -0.07%
MWA B -0.07%
ATGE B -0.07%
ZD C -0.07%
FCFS F -0.07%
DY D -0.07%
LYV A -0.07%
FTAI B -0.07%
PHIN A -0.07%
TNET D -0.07%
HLT A -0.07%
NAVI C -0.07%
NCLH B -0.07%
URI B -0.07%
EPC D -0.07%
SCS C -0.07%
NWSA B -0.07%
GPI A -0.07%
ARLP A -0.07%
TGNA B -0.07%
TFX F -0.07%
NSIT F -0.07%
LTH C -0.07%
EIX B -0.07%
NGVT B -0.07%
IRM D -0.07%
UA C -0.07%
PFSI D -0.07%
MGM D -0.06%
HLX B -0.06%
AIZ A -0.06%
MTX B -0.06%
HOLX D -0.06%
SM B -0.06%
CACC D -0.06%
SEE C -0.06%
CHTR C -0.06%
PBH A -0.06%
BCC B -0.06%
RXO C -0.06%
TRS B -0.06%
HESM B -0.06%
TTMI B -0.06%
CCOI B -0.06%
ATKR C -0.06%
NWL B -0.06%
VSTO A -0.06%
TWLO A -0.06%
VNOM A -0.06%
RHP B -0.06%
CRL C -0.06%
NRG B -0.06%
LEVI F -0.06%
ET A -0.06%
CCS D -0.06%
SXC A -0.06%
DFH D -0.05%
OII B -0.05%
DAN D -0.05%
AMN F -0.05%
WGO C -0.05%
CRS A -0.05%
GOLF B -0.05%
OI C -0.05%
ALSN B -0.05%
TPH D -0.05%
IBP D -0.05%
VIAV B -0.05%
FL F -0.05%
ENTG D -0.05%
ABG B -0.05%
SUN B -0.05%
AES F -0.05%
FOUR B -0.05%
BXMT C -0.05%
REZI A -0.04%
FUL F -0.04%
BECN B -0.04%
BSIG A -0.04%
FOR F -0.04%
SPR D -0.04%
GNW A -0.04%
LGIH D -0.04%
IMKTA C -0.04%
YUM B -0.04%
VFC C -0.04%
BDN C -0.04%
PRAA C -0.04%
CENT C -0.04%
KSS F -0.04%
BBWI D -0.04%
HI C -0.04%
STX D -0.04%
HPP F -0.04%
MHO D -0.04%
RCL A -0.04%
CSTM F -0.03%
WBA F -0.03%
AAP C -0.03%
OMF A -0.03%
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