QVMM vs. STXM ETF Comparison

Comparison of Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM) to Strive Mid-Cap ETF (STXM)

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

$30.95

Average Daily Volume

1,061

Number of Holdings ^*

352

* may have additional holdings in another (foreign) market

STXM

Strive Mid-Cap ETF

STXM Description

STXM provides exposure to the US mid-cap space. Starting with a broad, total market universe of 1500 US stocks, the index selects securities ranked 501 to 900 by market capitalization. Eligible securities must be listed on a US exchange and have a free float of at least 10% of its total shares outstanding. The index includes common stock and real estate investment trusts. Selected securities are weighted by market capitalization. The fund intends to utilize a replication strategy, which means it will invest all of its assets in the securities comprising the index. However, the adviser may use a sampling strategy if it is determined to be in the best interest of shareholders. The index rebalances semi-annually in January and July.

Grade (RS Rating)

Last Trade

$27.96

Average Daily Volume

3,780

Number of Holdings ^*

377

* may have additional holdings in another (foreign) market

Performance

Period	QVMM	STXM
30 Days	7.21%	7.46%
60 Days	7.30%	8.34%
90 Days	8.34%	9.95%
12 Months	33.49%

200 Overlapping Holdings

	Symbol	Grade	Weight in QVMM	Weight in STXM	Overlap
	AA	B	0.38%	0.3%	0.3%
	AAON	B	0.33%	0.25%	0.25%
	ACM	A	0.54%	0.4%	0.4%
	ADC	B	0.26%	0.2%	0.2%
	AFG	A	0.33%	0.28%	0.28%
	AGCO	D	0.2%	0.15%	0.15%
	AIT	A	0.38%	0.28%	0.28%
	ALLY	C	0.46%	0.27%	0.27%
	ALTR	B	0.22%	0.15%	0.15%
	AM	A	0.19%	0.14%	0.14%
	AMH	D	0.42%	0.32%	0.32%
	AMKR	D	0.1%	0.09%	0.09%
	AN	C	0.16%	0.15%	0.15%
	ANF	C	0.29%	0.19%	0.19%
	APPF	B	0.18%	0.13%	0.13%
	AR	B	0.32%	0.24%	0.24%
	ARMK	B	0.34%	0.27%	0.27%
	ARW	D	0.23%	0.17%	0.17%
	ATR	B	0.42%	0.31%	0.31%
	AXTA	A	0.33%	0.24%	0.24%
	AYI	B	0.36%	0.27%	0.27%
	BERY	B	0.28%	0.2%	0.2%
	BJ	A	0.42%	0.32%	0.32%
	BLD	D	0.44%	0.33%	0.33%
	BRBR	A	0.32%	0.25%	0.25%
	BRKR	D	0.2%	0.16%	0.16%
	BRX	A	0.3%	0.23%	0.23%
	BURL	A	0.61%	0.47%	0.47%
	BWXT	B	0.44%	0.31%	0.31%
	CACI	D	0.4%	0.29%	0.29%
	CASY	A	0.52%	0.41%	0.41%
	CBSH	A	0.31%	0.23%	0.23%
	CCK	C	0.38%	0.3%	0.3%
	CELH	F	0.16%	0.12%	0.12%
	CFR	B	0.33%	0.22%	0.22%
	CGNX	C	0.26%	0.19%	0.19%
	CHDN	B	0.33%	0.26%	0.26%
	CHE	D	0.31%	0.22%	0.22%
	CHRD	D	0.32%	0.22%	0.22%
	CHX	C	0.23%	0.16%	0.16%
	CIEN	B	0.38%	0.27%	0.27%
	CIVI	D	0.19%	0.14%	0.14%
	CLF	F	0.22%	0.15%	0.15%
	CLH	B	0.46%	0.34%	0.34%
	CMC	B	0.27%	0.18%	0.18%
	CNM	D	0.31%	0.22%	0.22%
	COHR	B	0.49%	0.42%	0.42%
	COKE	C	0.21%	0.16%	0.16%
	COTY	F	0.1%	0.08%	0.08%
	CR	A	0.32%	0.22%	0.22%
	CROX	D	0.24%	0.16%	0.16%
	CRUS	D	0.2%	0.14%	0.14%
	CSL	C	0.8%	0.56%	0.56%
	CUBE	D	0.37%	0.3%	0.3%
	CW	B	0.51%	0.36%	0.36%
	DCI	B	0.34%	0.24%	0.24%
	DINO	D	0.25%	0.19%	0.19%
	DKS	C	0.47%	0.3%	0.3%
	DLB	B	0.16%	0.11%	0.11%
	DTM	B	0.36%	0.26%	0.26%
	DUOL	A	0.4%	0.31%	0.31%
	EGP	F	0.29%	0.23%	0.23%
	EHC	B	0.36%	0.27%	0.27%
	EME	C	0.84%	0.62%	0.62%
	EQH	B	0.56%	0.42%	0.42%
	ESNT	D	0.22%	0.15%	0.15%
	EVR	B	0.39%	0.29%	0.29%
	EWBC	A	0.55%	0.39%	0.39%
	EXEL	B	0.35%	0.27%	0.27%
	EXP	A	0.38%	0.3%	0.3%
	FBIN	D	0.33%	0.25%	0.25%
	FCN	D	0.25%	0.19%	0.19%
	FHN	A	0.42%	0.3%	0.3%
	FIX	A	0.59%	0.41%	0.41%
	FLR	B	0.34%	0.23%	0.23%
	FLS	B	0.3%	0.22%	0.22%
	FND	C	0.41%	0.28%	0.28%
	FNF	B	0.57%	0.44%	0.44%
	FR	C	0.25%	0.18%	0.18%
	FYBR	D	0.22%	0.23%	0.22%
	GAP	C	0.19%	0.15%	0.15%
	GGG	B	0.54%	0.4%	0.4%
	GLPI	C	0.47%	0.35%	0.35%
	GME	C	0.29%	0.29%	0.29%
	GMED	A	0.34%	0.25%	0.25%
	GNTX	C	0.26%	0.19%	0.19%
	GPK	C	0.32%	0.24%	0.24%
	GXO	B	0.26%	0.19%	0.19%
	H	B	0.26%	0.18%	0.18%
	HALO	F	0.26%	0.19%	0.19%
	HLI	B	0.35%	0.27%	0.27%
	HQY	B	0.31%	0.22%	0.22%
	HRB	D	0.29%	0.22%	0.22%
	INGR	B	0.34%	0.26%	0.26%
	ITT	A	0.47%	0.34%	0.34%
	JAZZ	B	0.3%	0.2%	0.2%
	JEF	A	0.47%	0.3%	0.3%
	JLL	D	0.44%	0.34%	0.34%
	KBH	D	0.21%	0.14%	0.14%
	KBR	F	0.32%	0.22%	0.22%
	KEX	C	0.28%	0.21%	0.21%
	KNSL	B	0.4%	0.28%	0.28%
	KNX	B	0.33%	0.23%	0.23%
	LAD	A	0.41%	0.28%	0.28%
	LAMR	D	0.4%	0.31%	0.31%
	LEA	D	0.22%	0.15%	0.15%
	LECO	B	0.46%	0.32%	0.32%
	LFUS	F	0.24%	0.16%	0.16%
	LNTH	D	0.2%	0.15%	0.15%
	LNW	D	0.29%	0.23%	0.23%
	LPX	B	0.26%	0.2%	0.2%
	LSCC	D	0.26%	0.19%	0.19%
	LSTR	D	0.24%	0.17%	0.17%
	MANH	D	0.6%	0.46%	0.46%
	MAT	D	0.24%	0.18%	0.18%
	MEDP	D	0.29%	0.23%	0.23%
	MIDD	C	0.28%	0.2%	0.2%
	MORN	B	0.32%	0.25%	0.25%
	MSA	D	0.24%	0.18%	0.18%
	MTDR	B	0.27%	0.18%	0.18%
	MTG	C	0.24%	0.17%	0.17%
	MTSI	B	0.26%	0.19%	0.19%
	MTZ	B	0.31%	0.24%	0.24%
	MUSA	A	0.35%	0.27%	0.27%
	NBIX	C	0.46%	0.34%	0.34%
	NNN	D	0.26%	0.21%	0.21%
	NOV	C	0.25%	0.17%	0.17%
	NOVT	D	0.23%	0.17%	0.17%
	NVT	B	0.46%	0.33%	0.33%
	NYT	C	0.33%	0.23%	0.23%
	OC	A	0.63%	0.45%	0.45%
	OGE	B	0.29%	0.23%	0.23%
	OHI	C	0.34%	0.26%	0.26%
	OLED	D	0.24%	0.2%	0.2%
	ONB	B	0.26%	0.19%	0.19%
	ONTO	D	0.31%	0.21%	0.21%
	ORI	A	0.35%	0.26%	0.26%
	OSK	B	0.28%	0.19%	0.19%
	OVV	B	0.44%	0.33%	0.33%
	PAG	B	0.13%	0.08%	0.08%
	PB	A	0.28%	0.2%	0.2%
	PCTY	B	0.32%	0.24%	0.24%
	PFGC	B	0.49%	0.36%	0.36%
	PNFP	B	0.37%	0.27%	0.27%
	POST	C	0.19%	0.14%	0.14%
	PPC	C	0.08%	0.06%	0.06%
	PR	B	0.3%	0.26%	0.26%
	PRI	A	0.38%	0.28%	0.28%
	PSTG	D	0.58%	0.41%	0.41%
	RBC	A	0.33%	0.24%	0.24%
	REXR	F	0.32%	0.25%	0.25%
	RGA	A	0.56%	0.41%	0.41%
	RGEN	D	0.27%	0.21%	0.21%
	RGLD	C	0.33%	0.26%	0.26%
	RLI	B	0.25%	0.21%	0.21%
	RNR	C	0.48%	0.35%	0.35%
	ROIV	C	0.14%	0.14%	0.14%
	RPM	A	0.61%	0.49%	0.49%
	RRC	B	0.29%	0.21%	0.21%
	RRX	B	0.46%	0.32%	0.32%
	RS	B	0.66%	0.48%	0.48%
	RYAN	B	0.26%	0.19%	0.19%
	SAIA	B	0.45%	0.41%	0.41%
	SCI	B	0.43%	0.32%	0.32%
	SEIC	B	0.29%	0.27%	0.27%
	SF	B	0.44%	0.3%	0.3%
	SFM	A	0.52%	0.38%	0.38%
	SKX	D	0.3%	0.23%	0.23%
	SNV	B	0.31%	0.22%	0.22%
	SNX	C	0.35%	0.21%	0.21%
	SSB	B	0.3%	0.21%	0.21%
	SSD	D	0.29%	0.21%	0.21%
	STAG	F	0.24%	0.18%	0.18%
	THC	D	0.59%	0.43%	0.43%
	TMHC	B	0.27%	0.19%	0.19%
	TOL	B	0.59%	0.42%	0.42%
	TPL	A	0.99%	0.7%	0.7%
	TPX	B	0.36%	0.25%	0.25%
	TREX	C	0.27%	0.21%	0.21%
	TTC	D	0.34%	0.23%	0.23%
	TTEK	F	0.39%	0.3%	0.3%
	TXRH	C	0.49%	0.35%	0.35%
	UFPI	B	0.31%	0.22%	0.22%
	UNM	A	0.47%	0.33%	0.33%
	USFD	A	0.54%	0.45%	0.45%
	VOYA	B	0.27%	0.22%	0.22%
	WBS	A	0.39%	0.27%	0.27%
	WCC	B	0.34%	0.29%	0.29%
	WEX	D	0.26%	0.2%	0.2%
	WFRD	D	0.25%	0.16%	0.16%
	WING	D	0.34%	0.26%	0.26%
	WMS	D	0.34%	0.27%	0.27%
	WSM	B	0.59%	0.48%	0.48%
	WTFC	A	0.32%	0.23%	0.23%
	WTRG	B	0.34%	0.26%	0.26%
	WTS	B	0.21%	0.16%	0.16%
	WWD	B	0.37%	0.28%	0.28%
	X	C	0.32%	0.2%	0.2%
	XPO	B	0.68%	0.45%	0.45%
	ZION	B	0.34%	0.24%	0.24%

QVMM Overweight 152 Positions Relative to STXM

	Symbol	Grade	Weight
	LII	A	0.73%
	IBKR	A	0.71%
	UTHR	C	0.64%
	RBA	A	0.61%
	WSO	A	0.61%
	AVTR	F	0.49%
	BMRN	D	0.47%
	WPC	D	0.41%
	WH	B	0.28%
	CVLT	B	0.28%
	R	B	0.28%
	DAR	C	0.28%
	G	B	0.27%
	ESAB	B	0.27%
	ALV	C	0.27%
	VMI	B	0.26%
	MASI	A	0.26%
	CADE	B	0.26%
	EXLS	B	0.26%
	GBCI	B	0.25%
	VNT	B	0.24%
	KD	B	0.24%
	COLB	A	0.24%
	FNB	A	0.23%
	THO	B	0.23%
	DOCS	C	0.23%
	FAF	A	0.23%
	WHR	B	0.23%
	VNO	B	0.23%
	RMBS	C	0.22%
	PVH	C	0.22%
	CBT	C	0.22%
	SIGI	C	0.22%
	JHG	A	0.22%
	STWD	C	0.22%
	AMG	B	0.22%
	SAIC	F	0.22%
	VVV	F	0.21%
	KRG	B	0.21%
	THG	A	0.21%
	HOMB	A	0.21%
	CNX	A	0.21%
	UBSI	B	0.21%
	QLYS	C	0.2%
	BC	C	0.2%
	HWC	B	0.2%
	GATX	A	0.2%
	SLM	A	0.2%
	IDA	A	0.2%
	MUR	D	0.19%
	MMS	F	0.19%
	OLN	D	0.19%
	KNF	A	0.19%
	BDC	B	0.19%
	FFIN	B	0.19%
	NFG	A	0.19%
	NXST	C	0.19%
	OZK	B	0.19%
	ST	F	0.19%
	UMBF	B	0.19%
	BYD	C	0.18%
	AVNT	B	0.18%
	LOPE	B	0.18%
	EXPO	D	0.18%
	UGI	A	0.18%
	HXL	D	0.18%
	SON	D	0.18%
	TKR	D	0.18%
	OLLI	D	0.18%
	AVT	C	0.18%
	POR	C	0.17%
	IRT	A	0.17%
	WMG	C	0.17%
	SWX	B	0.17%
	HAE	C	0.17%
	EEFT	B	0.17%
	KMPR	B	0.16%
	ASGN	F	0.16%
	M	D	0.16%
	CNO	A	0.16%
	SLGN	A	0.16%
	CUZ	B	0.16%
	VLY	B	0.16%
	NJR	A	0.16%
	PNM	F	0.15%
	ASH	D	0.15%
	MSM	C	0.15%
	ENS	D	0.15%
	HOG	D	0.15%
	FLO	D	0.15%
	BKH	A	0.15%
	ORA	B	0.15%
	UAA	C	0.15%
	WLK	D	0.15%
	KRC	C	0.15%
	BCO	D	0.15%
	ASB	B	0.15%
	NEU	C	0.14%
	PII	D	0.14%
	SR	A	0.14%
	ACHC	F	0.14%
	PRGO	B	0.14%
	TEX	D	0.14%
	SBRA	C	0.14%
	RYN	D	0.14%
	IBOC	A	0.14%
	TNL	A	0.14%
	OGS	A	0.14%
	TCBI	B	0.14%
	NVST	B	0.13%
	PBF	D	0.13%
	LANC	C	0.13%
	SLAB	D	0.13%
	WU	D	0.13%
	ALE	A	0.13%
	XRAY	F	0.13%
	OPCH	D	0.13%
	VAC	B	0.12%
	EPR	D	0.12%
	NWE	B	0.12%
	SYNA	C	0.12%
	FHI	A	0.12%
	PCH	D	0.12%
	CDP	C	0.12%
	PK	B	0.12%
	VAL	D	0.12%
	GHC	C	0.12%
	BHF	B	0.12%
	YETI	C	0.12%
	LIVN	F	0.11%
	ZI	D	0.11%
	GT	C	0.11%
	WEN	D	0.11%
	MAN	D	0.11%
	NEOG	F	0.11%
	HGV	B	0.11%
	CXT	B	0.1%
	RCM	F	0.1%
	COLM	B	0.1%
	VC	D	0.1%
	NSP	D	0.1%
	NSA	D	0.1%
	SAM	C	0.1%
	ENOV	C	0.09%
	AZTA	D	0.09%
	VSH	D	0.08%
	JWN	C	0.08%
	IPGP	D	0.08%
	CRI	D	0.07%
	CNXC	F	0.07%
	CPRI	F	0.07%
	GEF	A	0.06%

QVMM Underweight 177 Positions Relative to STXM

	Symbol	Grade	Weight
	HOOD	B	-0.59%
	PKG	A	-0.57%
	IP	B	-0.53%
	SNA	A	-0.52%
	AER	B	-0.51%
	NRG	B	-0.51%
	KEY	B	-0.49%
	PNR	A	-0.48%
	NTRA	B	-0.48%
	NTNX	A	-0.47%
	TOST	B	-0.46%
	DOCU	A	-0.45%
	AVY	D	-0.45%
	KIM	A	-0.45%
	EG	C	-0.45%
	GEN	B	-0.44%
	GWRE	A	-0.44%
	NI	A	-0.44%
	TXT	D	-0.44%
	DT	C	-0.43%
	DOC	D	-0.41%
	FFIV	B	-0.41%
	VTRS	A	-0.41%
	TWLO	A	-0.41%
	FLEX	A	-0.4%
	POOL	C	-0.38%
	JBL	B	-0.38%
	CHRW	C	-0.37%
	NDSN	B	-0.36%
	TPR	B	-0.36%
	REG	B	-0.36%
	JKHY	D	-0.35%
	SOFI	A	-0.35%
	JNPR	F	-0.35%
	DAY	B	-0.34%
	AFRM	B	-0.34%
	CG	A	-0.34%
	ALLE	D	-0.34%
	CPT	B	-0.34%
	CYBR	B	-0.34%
	ONON	A	-0.33%
	KMX	B	-0.33%
	HST	C	-0.33%
	BXP	D	-0.33%
	BG	F	-0.33%
	INSM	C	-0.32%
	ELS	C	-0.32%
	ALB	C	-0.32%
	TAP	C	-0.31%
	NCLH	B	-0.31%
	UHS	D	-0.31%
	LW	C	-0.31%
	GNRC	B	-0.31%
	Z	A	-0.31%
	PAYC	B	-0.31%
	EMN	D	-0.31%
	AIZ	A	-0.3%
	NWSA	B	-0.3%
	IPG	D	-0.3%
	TECH	D	-0.3%
	MNDY	C	-0.29%
	PNW	B	-0.28%
	LKQ	D	-0.28%
	LBRDK	C	-0.28%
	ALSN	B	-0.28%
	CTLT	B	-0.28%
	CMA	A	-0.27%
	GL	B	-0.27%
	DOX	D	-0.27%
	MKTX	D	-0.27%
	SRPT	D	-0.27%
	CRL	C	-0.27%
	MLI	C	-0.27%
	FRT	B	-0.26%
	GLOB	B	-0.26%
	SOLV	C	-0.26%
	PCVX	D	-0.25%
	ROKU	D	-0.25%
	EXAS	D	-0.25%
	WAL	B	-0.25%
	APG	B	-0.24%
	RVMD	C	-0.24%
	WYNN	D	-0.24%
	AOS	F	-0.24%
	TFX	F	-0.24%
	APA	D	-0.23%
	HSIC	B	-0.23%
	CRS	A	-0.23%
	ITCI	C	-0.23%
	CNH	C	-0.23%
	MTCH	D	-0.23%
	PEN	B	-0.23%
	MOS	F	-0.23%
	CZR	F	-0.22%
	BWA	D	-0.22%
	IVZ	B	-0.22%
	S	B	-0.22%
	ENSG	D	-0.22%
	HAS	D	-0.22%
	PLNT	A	-0.22%
	TKO	B	-0.22%
	RHI	B	-0.21%
	SMAR	A	-0.21%
	MHK	D	-0.21%
	PCOR	B	-0.21%
	MKSI	C	-0.21%
	RL	B	-0.21%
	VFC	C	-0.2%
	FMC	D	-0.2%
	HII	D	-0.2%
	ESTC	C	-0.2%
	MTN	C	-0.2%
	GTLS	B	-0.2%
	JXN	C	-0.2%
	DBX	B	-0.19%
	ELAN	D	-0.19%
	BIO	D	-0.19%
	BBWI	D	-0.19%
	DVA	B	-0.19%
	ATI	D	-0.19%
	ACI	C	-0.18%
	MTH	D	-0.18%
	AZEK	A	-0.18%
	ELF	C	-0.18%
	SPSC	C	-0.18%
	BPOP	B	-0.18%
	GTLB	B	-0.18%
	BEN	C	-0.18%
	AGNC	D	-0.18%
	UHAL	D	-0.17%
	COLD	D	-0.17%
	SN	D	-0.17%
	SITE	D	-0.17%
	CFLT	B	-0.17%
	CYTK	F	-0.17%
	WBA	F	-0.17%
	QRVO	F	-0.17%
	BECN	B	-0.17%
	ESI	A	-0.17%
	WSC	D	-0.17%
	PARA	C	-0.16%
	ETSY	D	-0.16%
	SUM	B	-0.16%
	TRNO	F	-0.16%
	BPMC	C	-0.16%
	BFAM	D	-0.16%
	PSN	D	-0.15%
	VKTX	F	-0.15%
	HCP	B	-0.14%
	PATH	C	-0.14%
	U	C	-0.14%
	HLNE	B	-0.14%
	IONS	F	-0.13%
	NSIT	F	-0.13%
	IBP	D	-0.13%
	TPG	A	-0.13%
	AUR	C	-0.12%
	BROS	B	-0.11%
	NWS	B	-0.11%
	EDR	A	-0.11%
	RDDT	B	-0.11%
	CHWY	B	-0.1%
	W	F	-0.09%
	ZG	A	-0.08%
	ADTN	A	-0.08%
	HESM	B	-0.07%
	CACC	D	-0.06%
	KNTK	B	-0.06%
	AAL	B	-0.06%
	BOKF	B	-0.06%
	SMMT	D	-0.05%
	LCID	F	-0.05%
	INFA	D	-0.05%
	LBRDA	C	-0.04%
	LEVI	F	-0.04%
	UHAL	D	-0.01%
	UWMC	D	-0.01%

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

STXM: Top Represented Industries & Keywords

Industries: Software - Application Banks - Regional - US Biotechnology Diversified Industrials Software - Infrastructure Asset Management Building Materials Engineering & Construction Oil & Gas E&P Specialty Retail Diagnostics & Research REIT - Industrial Packaging & Containers REIT - Retail Auto Parts Business Services Information Technology Services Leisure Medical Care Packaged Foods

Keywords: S&P 500 Chemical Computing Aerospace Electronics Insurance Bank Real Estate Investment Trust Banking Mining Natural Gas Building Materials Construction Biotechnology Medicine Beverage Biopharmaceutical Telecommunications Commercial Banking Insurance Products