QVMM vs. TDIV ETF Comparison

Comparison of Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM) to First Trust NASDAQ Technology Dividend Index Fund (TDIV)

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

$28.81

Average Daily Volume

2,647

Number of Holdings ^*

352

* may have additional holdings in another (foreign) market

TDIV

First Trust NASDAQ Technology Dividend Index Fund

TDIV Description

The investment seeks investment results that correspond generally to the price and yield of an equity index called the NASDAQ Technology Dividend Index. The fund will normally invest at least 90% of its net assets (plus the amount of any borrowings for investment purposes) in the common stocks and/or depositary receipts included in the index. The index is owned and was developed by NASDAQ(R) (the "Index Provider"). The index is calculated and maintained by the index Provider. The index includes up to 100 Technology and Telecommunications companies that pay a regular or common dividend. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$79.96

Average Daily Volume

102,582

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QVMM	TDIV
30 Days	3.93%	5.91%
60 Days	8.69%	13.75%
90 Days	7.98%	3.59%
12 Months	29.28%	46.02%

9 Overlapping Holdings

Symbol	Grade	Weight in QVMM	Weight in TDIV	Overlap
AMKR	F	0.13%	0.12%	0.12%
AVT	B	0.2%	0.18%	0.18%
CNXC	F	0.1%	0.09%	0.09%
DLB	D	0.17%	0.13%	0.13%
KBR	A	0.36%	0.12%	0.12%
OLED	B	0.32%	0.13%	0.13%
SAIC	A	0.25%	0.14%	0.14%
SNX	C	0.37%	0.22%	0.22%
VSH	F	0.09%	0.08%	0.08%

QVMM Overweight 343 Positions Relative to TDIV

Symbol	Grade	Weight
CSL	A	0.81%
LII	C	0.75%
EME	B	0.75%
WSM	C	0.71%
TPL	A	0.65%
RS	D	0.64%
BURL	C	0.64%
MANH	A	0.63%
THC	D	0.62%
AVTR	D	0.62%
UTHR	C	0.61%
WSO	C	0.6%
PSTG	F	0.6%
TOL	C	0.59%
FNF	C	0.58%
OC	C	0.58%
RPM	A	0.57%
IBKR	A	0.56%
RGA	B	0.55%
RBA	D	0.55%
GGG	C	0.54%
FIX	A	0.54%
USFD	C	0.53%
ACM	A	0.53%
RNR	A	0.52%
BMRN	F	0.52%
DKS	D	0.52%
XPO	F	0.52%
EQH	B	0.51%
FND	C	0.5%
BLD	D	0.5%
GLPI	C	0.5%
CASY	D	0.49%
ITT	C	0.48%
CW	A	0.48%
WPC	C	0.48%
PFGC	A	0.47%
JLL	C	0.47%
ALLY	F	0.46%
COHR	B	0.46%
RRX	B	0.46%
TTEK	A	0.46%
AMH	D	0.45%
TXRH	A	0.45%
WING	C	0.45%
NVT	C	0.45%
CLH	B	0.45%
ONTO	B	0.44%
LECO	D	0.44%
EWBC	B	0.44%
NBIX	F	0.44%
LAMR	C	0.43%
WMS	D	0.43%
CACI	A	0.42%
CUBE	C	0.42%
REXR	D	0.41%
SFM	A	0.41%
SCI	D	0.41%
CCK	C	0.41%
JEF	A	0.4%
BJ	B	0.4%
ATR	A	0.39%
KNSL	B	0.39%
UNM	A	0.39%
AA	B	0.38%
BWXT	A	0.38%
WWD	C	0.38%
SF	A	0.37%
TPX	C	0.37%
TTC	F	0.37%
OVV	D	0.37%
CROX	C	0.37%
SAIA	D	0.37%
CIEN	A	0.36%
DUOL	B	0.36%
RGLD	C	0.36%
OHI	C	0.36%
EHC	C	0.36%
LAD	C	0.36%
EXP	C	0.36%
SKX	B	0.35%
WTRG	D	0.35%
CNM	F	0.35%
EVR	C	0.35%
PRI	A	0.35%
ARMK	C	0.35%
DCI	B	0.34%
MUSA	D	0.34%
ORI	A	0.34%
GPK	D	0.34%
CHE	D	0.34%
NYT	C	0.34%
AFG	A	0.33%
INGR	B	0.33%
FLR	B	0.33%
FHN	D	0.33%
EGP	D	0.33%
X	F	0.33%
RBC	C	0.33%
CHK	C	0.33%
AXTA	C	0.32%
CHDN	C	0.32%
CHRD	F	0.32%
AIT	B	0.32%
HRB	C	0.32%
KNX	D	0.32%
LNW	F	0.31%
AYI	A	0.31%
SSD	B	0.31%
MORN	B	0.31%
WBS	D	0.31%
NNN	C	0.31%
WEX	C	0.31%
HLI	A	0.31%
UFPI	C	0.31%
MEDP	F	0.3%
AR	C	0.3%
MIDD	D	0.3%
BRX	C	0.3%
BERY	C	0.3%
FCN	C	0.3%
GMED	B	0.3%
CR	A	0.3%
MTZ	A	0.29%
LSCC	D	0.29%
ANF	D	0.29%
DTM	A	0.29%
WCC	D	0.29%
RGEN	F	0.29%
OGE	C	0.29%
PNFP	B	0.29%
AAON	A	0.28%
CFR	B	0.28%
BRBR	A	0.28%
GNTX	D	0.28%
JAZZ	F	0.28%
SSB	C	0.28%
TMHC	C	0.28%
ARW	C	0.28%
HALO	D	0.28%
LFUS	C	0.27%
TREX	D	0.27%
PR	D	0.27%
WTFC	B	0.27%
ALV	F	0.27%
STAG	D	0.27%
H	B	0.27%
CBSH	D	0.27%
EXEL	B	0.27%
VOYA	A	0.27%
KEX	C	0.27%
DINO	F	0.27%
FLS	A	0.27%
FR	D	0.27%
ACHC	F	0.27%
RRC	D	0.27%
ZION	D	0.27%
LNTH	C	0.27%
PB	D	0.26%
SEIC	B	0.26%
LPX	C	0.26%
NOVT	C	0.26%
ESNT	A	0.26%
MTG	A	0.26%
CVLT	B	0.26%
DAR	F	0.26%
LEA	F	0.26%
MSA	F	0.26%
CLF	D	0.26%
ADC	C	0.26%
WFRD	F	0.26%
BRKR	D	0.26%
OSK	F	0.26%
HQY	B	0.26%
PCTY	C	0.26%
CGNX	F	0.26%
GME	D	0.25%
MAT	B	0.25%
SNV	D	0.25%
R	C	0.25%
CMC	D	0.25%
RYAN	A	0.25%
NOV	F	0.25%
CRUS	D	0.25%
KBH	D	0.24%
G	A	0.24%
ESAB	C	0.24%
WH	C	0.24%
STWD	C	0.24%
FAF	C	0.24%
MTSI	B	0.24%
LSTR	F	0.24%
OLN	D	0.23%
ST	F	0.23%
VMI	B	0.23%
THO	C	0.23%
COKE	C	0.23%
VNO	B	0.23%
WHR	C	0.23%
EXLS	B	0.23%
GXO	D	0.23%
MTDR	D	0.23%
ONB	D	0.23%
RLI	A	0.23%
FYBR	C	0.23%
CBT	B	0.23%
AMG	B	0.22%
MMS	C	0.22%
MASI	B	0.22%
AGCO	D	0.22%
CADE	B	0.22%
CHX	C	0.22%
GBCI	B	0.21%
ALTR	B	0.21%
MDU	C	0.21%
KRG	C	0.21%
SIGI	D	0.21%
VVV	D	0.21%
BC	C	0.21%
COLB	C	0.21%
PVH	D	0.21%
WTS	C	0.21%
TKR	B	0.21%
POST	C	0.21%
EXPO	A	0.21%
CELH	F	0.2%
SLM	B	0.2%
THG	A	0.2%
SRCL	B	0.2%
FNB	D	0.2%
NXST	D	0.2%
UGI	C	0.2%
KD	D	0.2%
SON	D	0.2%
OLLI	C	0.2%
XRAY	D	0.2%
VNT	F	0.2%
BDC	A	0.19%
IDA	D	0.19%
APPF	C	0.19%
GAP	F	0.19%
DOCS	A	0.19%
WLK	C	0.19%
MUR	F	0.19%
CIVI	F	0.19%
JHG	A	0.19%
HOMB	D	0.19%
BCO	C	0.19%
HXL	F	0.19%
AM	A	0.19%
UBSI	D	0.19%
OPCH	F	0.19%
NFG	A	0.19%
PII	D	0.18%
FFIN	D	0.18%
AN	D	0.18%
HWC	D	0.18%
POR	D	0.18%
RMBS	F	0.18%
AVNT	C	0.18%
HOG	D	0.18%
KNF	B	0.18%
GATX	F	0.18%
NJR	C	0.17%
ASH	F	0.17%
SWX	C	0.17%
ASGN	D	0.17%
IRT	D	0.17%
UMBF	C	0.17%
QLYS	F	0.17%
CNX	A	0.17%
EEFT	F	0.17%
OZK	D	0.17%
WU	D	0.16%
ENS	B	0.16%
KRC	C	0.16%
RYN	C	0.16%
LOPE	D	0.16%
SLGN	B	0.16%
CUZ	C	0.16%
BYD	B	0.16%
M	D	0.16%
WMG	D	0.16%
FLO	D	0.16%
CPRI	C	0.15%
VLY	C	0.15%
SBRA	C	0.15%
CNO	B	0.15%
OGS	C	0.15%
HAE	F	0.15%
SLAB	D	0.15%
BKH	C	0.15%
ORA	C	0.15%
MSM	D	0.15%
NEOG	F	0.14%
VAL	F	0.14%
PRGO	F	0.14%
KMPR	D	0.14%
PNM	B	0.14%
SR	D	0.14%
NEU	F	0.14%
TEX	F	0.14%
PK	D	0.13%
NWE	C	0.13%
TNL	B	0.13%
SYNA	F	0.13%
ASB	D	0.13%
LANC	F	0.13%
PAG	D	0.13%
PBF	F	0.13%
COTY	F	0.13%
EPR	C	0.13%
UAA	B	0.13%
PCH	C	0.13%
ALE	A	0.13%
YETI	C	0.13%
MAN	D	0.13%
NSA	D	0.12%
TCBI	B	0.12%
IBOC	D	0.12%
NSP	F	0.12%
NVST	D	0.12%
HGV	F	0.11%
ZI	F	0.11%
WEN	B	0.11%
FHI	A	0.11%
LIVN	C	0.11%
VC	F	0.11%
GHC	A	0.11%
BHF	D	0.11%
VAC	D	0.1%
GT	F	0.1%
COLM	B	0.1%
RCM	B	0.1%
CACC	F	0.1%
AZTA	F	0.1%
ENOV	F	0.09%
SAM	D	0.09%
JWN	D	0.08%
CRI	D	0.08%
IPGP	D	0.08%
PPC	C	0.07%
GEF	B	0.06%

QVMM Underweight 71 Positions Relative to TDIV

Symbol	Grade	Weight
IBM	A	-8.46%
ORCL	A	-8.44%
AVGO	B	-8.2%
MSFT	D	-7.98%
TXN	C	-7.26%
QCOM	D	-3.75%
TSM	B	-3.66%
ADI	B	-2.9%
T	B	-2.14%
VZ	C	-2.08%
CSCO	A	-2.04%
CMCSA	B	-2.04%
TMUS	A	-2.01%
AMAT	C	-1.92%
MSI	A	-1.75%
HPQ	B	-1.74%
LRCX	D	-1.73%
GLW	C	-1.73%
INTU	F	-1.66%
NXPI	F	-1.62%
MCHP	F	-1.54%
KLAC	B	-1.2%
ASML	F	-1.19%
HPE	B	-1.17%
STX	C	-1.08%
CTSH	B	-0.97%
DELL	C	-0.87%
APH	D	-0.85%
NTAP	D	-0.71%
SWKS	F	-0.66%
CDW	D	-0.55%
CCOI	B	-0.55%
ROP	D	-0.53%
GEN	A	-0.53%
OTEX	D	-0.47%
UI	B	-0.45%
INFY	B	-0.4%
SSNC	C	-0.39%
MPWR	B	-0.36%
LDOS	A	-0.35%
DOX	B	-0.35%
LOGI	D	-0.29%
SAP	C	-0.26%
NOK	C	-0.25%
ATHM	B	-0.25%
KT	C	-0.23%
ERIC	C	-0.21%
IRDM	C	-0.2%
XRX	D	-0.19%
CABO	F	-0.18%
VIV	C	-0.15%
DNB	D	-0.14%
PAYC	D	-0.14%
TEF	C	-0.12%
ORAN	F	-0.11%
IDCC	A	-0.11%
SIMO	D	-0.08%
SSTK	F	-0.07%
POWI	F	-0.07%
KLIC	D	-0.07%
CSGS	B	-0.06%
PRGS	A	-0.06%
YOU	C	-0.06%
SPNS	B	-0.05%
BHE	C	-0.04%
ATEN	B	-0.03%
STM	F	-0.03%
TKC	F	-0.02%
CNXN	C	-0.02%
HCKT	D	-0.02%
SLP	F	-0.01%

TDIV: Top Represented Industries & Keywords

Industries: Semiconductors Telecom Services Information Technology Services Software - Application Software - Infrastructure Communication Equipment Semiconductor Equipment & Materials Computer Systems Business Services Data Storage Electronic Components Internet Content & Information Computer Distribution Contract Manufacturers Diversified Industrials Electronics Distribution Engineering & Construction Health Information Services Media - Diversified Pay TV