QVMM vs. XHYC ETF Comparison

Comparison of Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM) to BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF (XHYC)

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

XHYC

BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF

XHYC Description

The BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF seeks to track the investment results of an index composed of U.S. dollar-denominated, high yield corporate bonds in the consumer cyclicals sector. The Fund is newly organized, non-diversified and seeks to track the investment results of the ICE Diversified US Cash Pay High Yield Consumer Cyclical Index, which is a rules-based index consisting of U.S. dollar-denominated below investment grade bonds that contains issuers from the consumer cyclicals sector (companies whose performance is generally more closely connected to the business cycle and current economic conditions), including the automotive, leisure, real estate development & management, department stores, and specialty retail subsectors. The performance of securities in this sector, in the aggregate, may exhibit greater volatility in response to macroeconomic or systematic changes in the overall economy.

Grade (RS Rating)

Last Trade

$37.87

Average Daily Volume

9,775

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QVMM	XHYC
30 Days	4.13%	1.47%
60 Days	3.87%	1.62%
90 Days	7.13%	2.78%
12 Months	24.47%	12.17%

14 Overlapping Holdings

Symbol	Grade	Weight in QVMM	Weight in XHYC	Overlap
ADNT	F	0.08%	0.5%	0.08%
BYD	C	0.16%	0.38%	0.16%
CRI	D	0.11%	0.52%	0.11%
CROX	D	0.31%	0.34%	0.31%
GT	F	0.09%	0.37%	0.09%
JWN	C	0.09%	0.35%	0.09%
LAD	D	0.29%	0.25%	0.25%
M	F	0.16%	0.2%	0.16%
PAG	D	0.12%	0.24%	0.12%
PK	D	0.12%	0.4%	0.12%
THO	D	0.21%	0.23%	0.21%
TNL	D	0.12%	0.48%	0.12%
VAC	F	0.1%	0.48%	0.1%
WH	B	0.25%	0.37%	0.25%

QVMM Overweight 338 Positions Relative to XHYC

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%
GLPI	C	0.58%
OC	D	0.58%
IBKR	B	0.56%
RNR	C	0.56%
WPC	C	0.56%
GGG	C	0.56%
AMH	C	0.54%
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%
CUBE	B	0.48%
DT	C	0.48%
CLH	A	0.48%
JLL	B	0.48%
EWBC	D	0.47%
LAMR	B	0.46%
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%
REXR	C	0.43%
OVV	F	0.43%
LECO	F	0.43%
CACI	B	0.43%
UNM	B	0.43%
OHI	B	0.42%
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%
EGP	B	0.35%
NNN	C	0.35%
CHE	C	0.35%
BRX	B	0.34%
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%
OLED	C	0.31%
AR	F	0.31%
BERY	B	0.31%
ADC	C	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%
STAG	C	0.29%
HALO	C	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%
FR	B	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%
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%
VNO	B	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%
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%
SBRA	C	0.18%
SWX	C	0.18%
CUZ	B	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%
RYN	C	0.17%
BKH	B	0.17%
PII	D	0.17%
HWC	D	0.17%
ENS	D	0.16%
KRC	B	0.16%
RMBS	F	0.16%
OGS	B	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%
EPR	B	0.15%
NEU	D	0.15%
PCH	C	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%
BHF	F	0.12%
CACC	F	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%
AMKR	F	0.11%
VSH	F	0.1%
ENOV	D	0.1%
HGV	F	0.1%
MP	D	0.09%
ZD	D	0.09%
AZTA	F	0.09%
IPGP	F	0.08%
PPC	D	0.07%
HELE	D	0.06%
ALGM	F	0.06%
GEF	D	0.06%

QVMM Underweight 42 Positions Relative to XHYC

Symbol	Grade	Weight
HBI	B	-0.9%
KW	C	-0.85%
BBWI	F	-0.77%
CHDN	C	-0.66%
SAH	D	-0.6%
BALY	B	-0.59%
CCL	C	-0.57%
NMG	F	-0.53%
SIX	B	-0.5%
ABG	D	-0.49%
RCL	B	-0.49%
RRR	D	-0.48%
CZR	C	-0.48%
CVNA	B	-0.44%
CASH	B	-0.43%
CWK	B	-0.4%
FPH	C	-0.39%
AMC	F	-0.37%
DAN	F	-0.36%
GPI	B	-0.36%
AXL	F	-0.35%
NCLH	C	-0.35%
PENN	D	-0.35%
F	F	-0.35%
ALSN	B	-0.34%
CNK	C	-0.27%
HLT	B	-0.26%
LYV	B	-0.26%
MTN	D	-0.26%
GIII	C	-0.26%
FUN	D	-0.25%
IGT	D	-0.25%
MGM	F	-0.25%
LIND	C	-0.25%
UA	D	-0.25%
EVRI	C	-0.25%
VSCO	C	-0.24%
LEVI	C	-0.24%
FL	D	-0.24%
WWW	B	-0.23%
CPS	F	-0.17%
FLL	F	-0.13%