QVMM vs. IJJ ETF Comparison

Comparison of Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM) to iShares S&P Mid-Cap 400 Value ETF (IJJ)

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

$30.46

Average Daily Volume

1,049

Number of Holdings ^*

352

* may have additional holdings in another (foreign) market

IJJ

iShares S&P Mid-Cap 400 Value ETF

IJJ Description

The investment seeks to track the investment results of an index composed of mid-capitalization U.S. equities that exhibit value characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P MidCap 400® Value Index (the "underlying index"), which measures the performance of the mid-capitalization value sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$132.91

Average Daily Volume

105,175

Number of Holdings ^*

292

* may have additional holdings in another (foreign) market

Performance

Period	QVMM	IJJ
30 Days	4.70%	5.24%
60 Days	6.17%	7.20%
90 Days	6.60%	7.81%
12 Months	31.35%	29.62%

257 Overlapping Holdings

	Symbol	Grade	Weight in QVMM	Weight in IJJ	Overlap
	AA	A	0.38%	0.72%	0.38%
	ACM	B	0.54%	0.52%	0.52%
	ADC	A	0.26%	0.51%	0.26%
	AFG	A	0.33%	0.69%	0.33%
	AGCO	D	0.2%	0.39%	0.2%
	ALE	A	0.13%	0.25%	0.13%
	ALLY	C	0.46%	0.67%	0.46%
	ALV	C	0.27%	0.19%	0.19%
	AM	A	0.19%	0.14%	0.14%
	AMG	B	0.22%	0.38%	0.22%
	AMH	C	0.42%	0.32%	0.32%
	AMKR	D	0.1%	0.2%	0.1%
	AN	C	0.16%	0.29%	0.16%
	AR	B	0.32%	0.6%	0.32%
	ARMK	B	0.34%	0.69%	0.34%
	ARW	D	0.23%	0.41%	0.23%
	ASB	B	0.15%	0.27%	0.15%
	ASGN	F	0.16%	0.28%	0.16%
	ASH	F	0.15%	0.26%	0.15%
	ATR	B	0.42%	0.32%	0.32%
	AVNT	B	0.18%	0.31%	0.18%
	AVT	C	0.18%	0.31%	0.18%
	AVTR	F	0.49%	0.56%	0.49%
	AYI	B	0.36%	0.33%	0.33%
	AZTA	D	0.09%	0.05%	0.05%
	BC	C	0.2%	0.14%	0.14%
	BDC	C	0.19%	0.33%	0.19%
	BERY	C	0.28%	0.51%	0.28%
	BHF	C	0.12%	0.21%	0.12%
	BJ	A	0.42%	0.78%	0.42%
	BKH	A	0.15%	0.29%	0.15%
	BMRN	F	0.47%	0.37%	0.37%
	BRBR	A	0.32%	0.3%	0.3%
	BRKR	D	0.2%	0.16%	0.16%
	BRX	A	0.3%	0.33%	0.3%
	BURL	B	0.61%	0.46%	0.46%
	CACI	D	0.4%	0.46%	0.4%
	CADE	B	0.26%	0.0%	0.0%
	CBSH	B	0.31%	0.33%	0.31%
	CBT	D	0.22%	0.13%	0.13%
	CCK	D	0.38%	0.38%	0.38%
	CDP	C	0.12%	0.14%	0.12%
	CFR	B	0.33%	0.35%	0.33%
	CGNX	D	0.26%	0.26%	0.26%
	CHE	D	0.31%	0.23%	0.23%
	CHX	C	0.23%	0.13%	0.13%
	CIEN	C	0.38%	0.4%	0.38%
	CLF	F	0.22%	0.37%	0.22%
	CMC	B	0.27%	0.46%	0.27%
	CNM	D	0.31%	0.23%	0.23%
	CNO	B	0.16%	0.28%	0.16%
	CNXC	F	0.07%	0.13%	0.07%
	COHR	B	0.49%	1.03%	0.49%
	COLB	B	0.24%	0.44%	0.24%
	COLM	C	0.1%	0.1%	0.1%
	CPRI	F	0.07%	0.08%	0.07%
	CRI	F	0.07%	0.13%	0.07%
	CRUS	D	0.2%	0.16%	0.16%
	CUBE	C	0.37%	0.33%	0.33%
	CUZ	B	0.16%	0.32%	0.16%
	CVLT	B	0.28%	0.2%	0.2%
	CW	C	0.51%	0.33%	0.33%
	CXT	C	0.1%	0.18%	0.1%
	DAR	C	0.28%	0.44%	0.28%
	DCI	B	0.34%	0.27%	0.27%
	DINO	D	0.25%	0.46%	0.25%
	DKS	D	0.47%	0.36%	0.36%
	DLB	B	0.16%	0.13%	0.13%
	DOCS	C	0.23%	0.22%	0.22%
	DTM	A	0.36%	0.24%	0.24%
	EEFT	B	0.17%	0.13%	0.13%
	EGP	D	0.29%	0.21%	0.21%
	EHC	B	0.36%	0.38%	0.36%
	ENOV	C	0.09%	0.17%	0.09%
	ENS	F	0.15%	0.15%	0.15%
	EPR	C	0.12%	0.09%	0.09%
	EQH	C	0.56%	0.0%	0.0%
	ESNT	F	0.22%	0.4%	0.22%
	EVR	B	0.39%	0.22%	0.22%
	EWBC	A	0.55%	0.44%	0.44%
	EXLS	B	0.26%	0.21%	0.21%
	EXPO	D	0.18%	0.16%	0.16%
	FAF	A	0.23%	0.45%	0.23%
	FBIN	D	0.33%	0.38%	0.33%
	FFIN	B	0.19%	0.21%	0.19%
	FHI	B	0.12%	0.22%	0.12%
	FHN	A	0.42%	0.73%	0.42%
	FLO	D	0.15%	0.29%	0.15%
	FLR	B	0.34%	0.59%	0.34%
	FLS	B	0.3%	0.29%	0.29%
	FNB	A	0.23%	0.4%	0.23%
	FNF	B	0.57%	0.0%	0.0%
	FR	D	0.25%	0.24%	0.24%
	FYBR	C	0.22%	0.52%	0.22%
	G	B	0.27%	0.5%	0.27%
	GAP	C	0.19%	0.33%	0.19%
	GATX	A	0.2%	0.23%	0.2%
	GBCI	B	0.25%	0.43%	0.25%
	GEF	A	0.06%	0.12%	0.06%
	GHC	B	0.12%	0.22%	0.12%
	GLPI	C	0.47%	0.51%	0.47%
	GME	C	0.29%	0.72%	0.29%
	GMED	A	0.34%	0.62%	0.34%
	GNTX	C	0.26%	0.17%	0.17%
	GPK	C	0.32%	0.57%	0.32%
	GT	C	0.11%	0.18%	0.11%
	GXO	B	0.26%	0.18%	0.18%
	HAE	C	0.17%	0.12%	0.12%
	HGV	C	0.11%	0.07%	0.07%
	HOG	D	0.15%	0.26%	0.15%
	HOMB	A	0.21%	0.38%	0.21%
	HQY	A	0.31%	0.27%	0.27%
	HWC	B	0.2%	0.16%	0.16%
	HXL	F	0.18%	0.17%	0.17%
	IBKR	A	0.71%	0.53%	0.53%
	IBOC	B	0.14%	0.15%	0.14%
	IDA	A	0.2%	0.26%	0.2%
	INGR	C	0.34%	0.42%	0.34%
	IPGP	D	0.08%	0.08%	0.08%
	IRT	A	0.17%	0.32%	0.17%
	JAZZ	B	0.3%	0.3%	0.3%
	JEF	A	0.47%	0.8%	0.47%
	JHG	B	0.22%	0.39%	0.22%
	JLL	D	0.44%	0.84%	0.44%
	JWN	D	0.08%	0.15%	0.08%
	KBH	D	0.21%	0.19%	0.19%
	KBR	F	0.32%	0.29%	0.29%
	KD	B	0.24%	0.44%	0.24%
	KEX	B	0.28%	0.29%	0.28%
	KMPR	A	0.16%	0.29%	0.16%
	KNF	B	0.19%	0.1%	0.1%
	KNX	C	0.33%	0.61%	0.33%
	KRC	B	0.15%	0.28%	0.15%
	KRG	B	0.21%	0.4%	0.21%
	LAD	A	0.41%	0.67%	0.41%
	LAMR	C	0.4%	0.32%	0.32%
	LANC	C	0.13%	0.12%	0.12%
	LEA	F	0.22%	0.36%	0.22%
	LFUS	D	0.24%	0.12%	0.12%
	LIVN	F	0.11%	0.12%	0.11%
	LPX	B	0.26%	0.17%	0.17%
	LSTR	D	0.24%	0.14%	0.14%
	M	F	0.16%	0.29%	0.16%
	MAN	F	0.11%	0.2%	0.11%
	MASI	B	0.26%	0.18%	0.18%
	MAT	D	0.24%	0.24%	0.24%
	MIDD	C	0.28%	0.25%	0.25%
	MMS	F	0.19%	0.09%	0.09%
	MSM	C	0.15%	0.12%	0.12%
	MTG	C	0.24%	0.27%	0.24%
	MTSI	B	0.26%	0.18%	0.18%
	MTZ	B	0.31%	0.57%	0.31%
	MUR	D	0.19%	0.18%	0.18%
	NEOG	F	0.11%	0.19%	0.11%
	NFG	A	0.19%	0.37%	0.19%
	NJR	A	0.16%	0.31%	0.16%
	NNN	C	0.26%	0.33%	0.26%
	NOV	C	0.25%	0.43%	0.25%
	NOVT	D	0.23%	0.17%	0.17%
	NSA	C	0.1%	0.1%	0.1%
	NSP	F	0.1%	0.09%	0.09%
	NVST	B	0.13%	0.23%	0.13%
	NWE	B	0.12%	0.23%	0.12%
	NXST	C	0.19%	0.34%	0.19%
	OGE	A	0.29%	0.57%	0.29%
	OGS	A	0.14%	0.28%	0.14%
	OHI	C	0.34%	0.41%	0.34%
	OLN	F	0.19%	0.19%	0.19%
	ONB	C	0.26%	0.47%	0.26%
	OPCH	D	0.13%	0.11%	0.11%
	ORA	B	0.15%	0.29%	0.15%
	ORI	A	0.35%	0.6%	0.35%
	OSK	C	0.28%	0.49%	0.28%
	OZK	B	0.19%	0.16%	0.16%
	PAG	B	0.13%	0.2%	0.13%
	PB	B	0.28%	0.53%	0.28%
	PBF	D	0.13%	0.21%	0.13%
	PCH	F	0.12%	0.2%	0.12%
	PFGC	B	0.49%	0.9%	0.49%
	PII	F	0.14%	0.24%	0.14%
	PNFP	B	0.37%	0.38%	0.37%
	POR	C	0.17%	0.32%	0.17%
	POST	C	0.19%	0.34%	0.19%
	PPC	C	0.08%	0.14%	0.08%
	PRGO	C	0.14%	0.25%	0.14%
	PVH	C	0.22%	0.39%	0.22%
	R	B	0.28%	0.48%	0.28%
	RCM	A	0.1%	0.15%	0.1%
	REXR	F	0.32%	0.38%	0.32%
	RGA	A	0.56%	1.02%	0.56%
	RGLD	C	0.33%	0.3%	0.3%
	RLI	A	0.25%	0.17%	0.17%
	RNR	C	0.48%	0.41%	0.41%
	ROIV	C	0.14%	0.13%	0.13%
	RPM	A	0.61%	0.54%	0.54%
	RRX	B	0.46%	0.77%	0.46%
	RYN	D	0.14%	0.17%	0.14%
	SAIC	F	0.22%	0.28%	0.22%
	SAM	C	0.1%	0.1%	0.1%
	SBRA	C	0.14%	0.29%	0.14%
	SCI	B	0.43%	0.4%	0.4%
	SEIC	B	0.29%	0.27%	0.27%
	SF	B	0.44%	0.8%	0.44%
	SFM	A	0.52%	0.56%	0.52%
	SIGI	C	0.22%	0.18%	0.18%
	SLGN	A	0.16%	0.29%	0.16%
	SLM	A	0.2%	0.21%	0.2%
	SNV	C	0.31%	0.54%	0.31%
	SNX	D	0.35%	0.59%	0.35%
	SON	F	0.18%	0.33%	0.18%
	SR	A	0.14%	0.26%	0.14%
	SSB	B	0.3%	0.55%	0.3%
	ST	F	0.19%	0.33%	0.19%
	STAG	D	0.24%	0.22%	0.22%
	STWD	C	0.22%	0.42%	0.22%
	SWX	B	0.17%	0.31%	0.17%
	SYNA	C	0.12%	0.12%	0.12%
	TCBI	C	0.14%	0.28%	0.14%
	TEX	F	0.14%	0.1%	0.1%
	THC	D	0.59%	1.05%	0.59%
	THG	A	0.21%	0.39%	0.21%
	THO	B	0.23%	0.39%	0.23%
	TKR	D	0.18%	0.2%	0.18%
	TMHC	C	0.27%	0.49%	0.27%
	TNL	A	0.14%	0.08%	0.08%
	TPL	A	0.99%	0.57%	0.57%
	TTC	C	0.34%	0.3%	0.3%
	UAA	C	0.15%	0.13%	0.13%
	UBSI	B	0.21%	0.38%	0.21%
	UGI	C	0.18%	0.34%	0.18%
	UMBF	B	0.19%	0.37%	0.19%
	UNM	A	0.47%	0.0%	0.0%
	USFD	A	0.54%	1.09%	0.54%
	UTHR	C	0.64%	0.64%	0.64%
	VAC	C	0.12%	0.2%	0.12%
	VC	F	0.1%	0.09%	0.09%
	VLY	B	0.16%	0.32%	0.16%
	VMI	B	0.26%	0.46%	0.26%
	VNO	C	0.23%	0.46%	0.23%
	VOYA	B	0.27%	0.32%	0.27%
	VSH	F	0.08%	0.12%	0.08%
	WBS	A	0.39%	0.69%	0.39%
	WCC	B	0.34%	0.63%	0.34%
	WEN	D	0.11%	0.1%	0.1%
	WH	B	0.28%	0.17%	0.17%
	WHR	B	0.23%	0.42%	0.23%
	WMG	D	0.17%	0.07%	0.07%
	WPC	C	0.41%	0.81%	0.41%
	WTFC	A	0.32%	0.59%	0.32%
	WTRG	B	0.34%	0.34%	0.34%
	WU	F	0.13%	0.0%	0.0%
	X	B	0.32%	0.55%	0.32%
	XPO	B	0.68%	0.62%	0.62%
	XRAY	F	0.13%	0.24%	0.13%
	YETI	D	0.12%	0.08%	0.08%
	ZI	D	0.11%	0.14%	0.11%
	ZION	B	0.34%	0.59%	0.34%

QVMM Overweight 95 Positions Relative to IJJ

	Symbol	Grade	Weight
	EME	A	0.84%
	CSL	C	0.8%
	LII	A	0.73%
	RS	B	0.66%
	OC	A	0.63%
	RBA	A	0.61%
	WSO	A	0.61%
	MANH	D	0.6%
	TOL	B	0.59%
	FIX	A	0.59%
	WSM	C	0.59%
	PSTG	D	0.58%
	GGG	B	0.54%
	CASY	A	0.52%
	TXRH	B	0.49%
	ITT	A	0.47%
	CLH	C	0.46%
	NBIX	C	0.46%
	LECO	C	0.46%
	NVT	B	0.46%
	SAIA	B	0.45%
	OVV	B	0.44%
	BLD	D	0.44%
	BWXT	B	0.44%
	FND	D	0.41%
	KNSL	B	0.4%
	DUOL	A	0.4%
	TTEK	F	0.39%
	EXP	B	0.38%
	PRI	B	0.38%
	AIT	B	0.38%
	WWD	C	0.37%
	TPX	B	0.36%
	EXEL	B	0.35%
	HLI	A	0.35%
	MUSA	B	0.35%
	WING	D	0.34%
	WMS	F	0.34%
	NYT	D	0.33%
	CHDN	B	0.33%
	AAON	B	0.33%
	AXTA	B	0.33%
	RBC	A	0.33%
	CHRD	D	0.32%
	PCTY	C	0.32%
	CR	A	0.32%
	MORN	B	0.32%
	UFPI	C	0.31%
	ONTO	F	0.31%
	SKX	D	0.3%
	PR	B	0.3%
	SSD	F	0.29%
	HRB	D	0.29%
	ANF	F	0.29%
	RRC	B	0.29%
	MEDP	D	0.29%
	LNW	F	0.29%
	TREX	C	0.27%
	RGEN	D	0.27%
	ESAB	C	0.27%
	MTDR	B	0.27%
	LSCC	D	0.26%
	HALO	F	0.26%
	H	B	0.26%
	RYAN	A	0.26%
	WEX	D	0.26%
	WFRD	D	0.25%
	FCN	F	0.25%
	VNT	C	0.24%
	MSA	F	0.24%
	CROX	D	0.24%
	OLED	F	0.24%
	RMBS	B	0.22%
	ALTR	B	0.22%
	VVV	D	0.21%
	WTS	B	0.21%
	CNX	A	0.21%
	COKE	C	0.21%
	QLYS	B	0.2%
	LNTH	D	0.2%
	CIVI	D	0.19%
	BYD	B	0.18%
	LOPE	C	0.18%
	APPF	B	0.18%
	OLLI	D	0.18%
	CELH	F	0.16%
	PNM	B	0.15%
	WLK	D	0.15%
	BCO	F	0.15%
	NEU	D	0.14%
	ACHC	F	0.14%
	SLAB	F	0.13%
	PK	C	0.12%
	VAL	F	0.12%
	COTY	F	0.1%

QVMM Underweight 35 Positions Relative to IJJ

	Symbol	Grade	Weight
	ILMN	C	-1.53%
	EXE	A	-1.32%
	DOCU	B	-1.11%
	NLY	C	-0.66%
	CNH	C	-0.63%
	AAL	B	-0.63%
	BIO	C	-0.45%
	HR	B	-0.43%
	LITE	B	-0.39%
	CG	B	-0.38%
	WAL	B	-0.33%
	ELS	C	-0.32%
	TKO	A	-0.3%
	TXNM	A	-0.28%
	MKSI	C	-0.26%
	CYTK	F	-0.24%
	FLG	D	-0.22%
	AZPN	A	-0.22%
	CC	C	-0.19%
	CHWY	B	-0.18%
	RH	C	-0.18%
	ALTM	B	-0.15%
	MTN	C	-0.15%
	ALGM	D	-0.14%
	SRPT	F	-0.14%
	VNOM	A	-0.13%
	SMG	C	-0.13%
	IRDM	D	-0.12%
	POWI	F	-0.12%
	CHH	A	-0.11%
	AMED	F	-0.11%
	BLKB	B	-0.09%
	PSN	D	-0.09%
	UA	C	-0.08%
	MAGN	D	-0.02%

QVMM: Top Represented Industries & Keywords

Industries: Banks - Regional - US Diversified Industrials Business Services Oil & Gas E&P Biotechnology Packaging & Containers Software - Application Specialty Chemicals Building Materials Engineering & Construction Asset Management Packaged Foods REIT - Diversified REIT - Industrial Semiconductors Apparel Manufacturing Insurance - Property & Casualty Medical Care REIT - Retail Scientific & Technical Instruments

Keywords: Bank Banking Mining Natural Gas Chemical Insurance Real Estate Investment Trust Electronics Aerospace Semiconductor Construction Beverage Deposit Products Supply Chain Management Commercial Banking Building Materials Computing Insurance Products Telecommunications Electricity

IJJ: Top Represented Industries & Keywords

Industries: Banks - Regional - US Packaging & Containers Asset Management Diversified Industrials REIT - Diversified Apparel Manufacturing Biotechnology Business Services Packaged Foods REIT - Industrial Semiconductors Software - Application Specialty Chemicals Medical Care REIT - Retail Scientific & Technical Instruments Specialty Retail Utilities - Regulated Electric Utilities - Regulated Gas Auto Parts

Keywords: Bank Banking Real Estate Investment Trust Mining Chemical Insurance Natural Gas Deposit Products Commercial Banking Semiconductor Aerospace Beverage Supply Chain Management Telecommunications Insurance Products Real Estate Loans Trust Services Electricity Electronics Medicine