QVMS vs. CLSE ETF Comparison

Comparison of Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS) to Convergence Long/Short Equity ETF (CLSE)
QVMS

Invesco S&P SmallCap 600 QVM Multi-factor ETF

QVMS Description

The investment seeks to track the investment results of the S&P SmallCap 600 ® 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, designed to track the performance of a subset of securities from the S&P SmallCap 600 ® 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

$29.40

Average Daily Volume

453

Number of Holdings *

523

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

Convergence Long/Short Equity ETF

CLSE Description The investment seeks long-term capital growth. The fund seeks to invest, under normal market conditions, at least 80% of its net assets (plus any borrowings for investment purposes) in long and short positions in equity securities of domestic companies. The adviser intends to maintain a net long exposure (the market value of long positions minus the market value of short positions) of approximately 50% to 100%. Under normal market conditions, the fund’s long positions may range from approximately 90% to 150% and its short positions may range from approximately 20% to 70%.

Grade (RS Rating)

Last Trade

$23.68

Average Daily Volume

66,024

Number of Holdings *

337

* may have additional holdings in another (foreign) market
Performance
Period QVMS CLSE
30 Days 9.42% 4.69%
60 Days 8.13% 6.81%
90 Days 8.38% 9.38%
12 Months 32.90% 39.93%
35 Overlapping Holdings
Symbol Grade Weight in QVMS Weight in CLSE Overlap
ABG B 0.46% -0.1% -0.1%
ABM B 0.31% 0.19% 0.19%
ACIW B 0.47% 1.3% 0.47%
AEIS B 0.35% 0.07% 0.07%
AGO B 0.37% -0.16% -0.16%
AIR B 0.17% -0.19% -0.19%
AL B 0.42% -0.18% -0.18%
AVA A 0.23% 0.47% 0.23%
AVAV D 0.48% -0.13% -0.13%
BFH B 0.26% 0.88% 0.26%
CARG C 0.22% 0.83% 0.22%
CCOI B 0.25% -0.33% -0.33%
CCS D 0.2% -0.07% -0.07%
CEIX A 0.28% 0.7% 0.28%
CMA A 0.71% 0.71% 0.71%
COOP B 0.51% -0.07% -0.07%
CTRE D 0.32% 0.42% 0.32%
FL F 0.19% -0.12% -0.12%
FTDR A 0.33% 0.58% 0.33%
GVA A 0.33% 0.84% 0.33%
IDCC A 0.36% 1.51% 0.36%
IIPR D 0.22% 0.28% 0.22%
JBLU F 0.17% -0.09% -0.09%
JOE F 0.14% -0.08% -0.08%
JXN C 0.58% 0.39% 0.39%
LGIH D 0.17% -0.16% -0.16%
MATX C 0.46% 0.22% 0.22%
MCW B 0.06% -0.1% -0.1%
MLI C 0.84% 0.84% 0.84%
NOG A 0.33% -0.21% -0.21%
PENN C 0.25% -0.05% -0.05%
PTEN C 0.23% -0.27% -0.27%
SATS D 0.17% -0.4% -0.4%
SLVM B 0.24% 0.5% 0.24%
SNEX B 0.21% 1.06% 0.21%
QVMS Overweight 488 Positions Relative to CLSE
Symbol Grade Weight
CRS A 0.69%
RHI B 0.59%
GKOS B 0.56%
ATI D 0.55%
SPSC C 0.54%
VFC C 0.53%
AWI A 0.53%
MTH D 0.51%
MOG.A B 0.5%
LNC B 0.5%
BMI B 0.5%
BCC B 0.47%
FSS B 0.47%
BCPC B 0.47%
GPI A 0.46%
ALK C 0.46%
SM B 0.45%
MARA C 0.45%
MMSI B 0.44%
EPRT B 0.43%
MC C 0.43%
RDNT B 0.43%
PIPR B 0.42%
ITRI B 0.42%
SEE C 0.42%
RDN C 0.42%
ACA A 0.41%
MGY A 0.41%
IBP D 0.4%
EAT A 0.4%
ALKS B 0.39%
DY D 0.39%
CORT B 0.38%
SFBS B 0.38%
SLG B 0.37%
WHD B 0.36%
ABCB B 0.36%
ITGR B 0.36%
FELE B 0.35%
AX A 0.35%
GTES A 0.35%
NSIT F 0.35%
SKYW B 0.35%
SHAK C 0.35%
SIG B 0.35%
PECO A 0.35%
KTB B 0.35%
MHO D 0.34%
FUL F 0.34%
SANM B 0.34%
KRYS B 0.33%
PBH A 0.33%
OGN D 0.33%
PLXS B 0.33%
RUSHA C 0.32%
KFY B 0.32%
LRN A 0.32%
SEM B 0.32%
TPH D 0.32%
BGC C 0.32%
FULT A 0.32%
CRC B 0.31%
HCC B 0.31%
REZI A 0.31%
AUB B 0.31%
GMS B 0.31%
MAC B 0.31%
UCB A 0.31%
DORM B 0.3%
CBU B 0.3%
JBT B 0.3%
VRRM D 0.3%
WDFC B 0.3%
CATY B 0.3%
WD D 0.29%
WSFS A 0.29%
MGEE C 0.29%
SKT B 0.29%
DXC B 0.29%
CALM A 0.29%
GEO B 0.29%
BOOT D 0.28%
SITM B 0.28%
PJT A 0.28%
ASO F 0.28%
CVCO A 0.28%
ESE B 0.28%
AROC B 0.28%
OTTR C 0.28%
FHB A 0.28%
FBP B 0.28%
NPO A 0.28%
HP B 0.27%
RXO C 0.27%
AEO F 0.27%
APLE B 0.27%
STEP B 0.27%
AMR C 0.26%
HIW D 0.26%
ATGE B 0.26%
FORM D 0.26%
BRC D 0.26%
GNW A 0.26%
ICUI D 0.26%
IAC D 0.26%
APAM B 0.26%
SXT B 0.26%
CVBF A 0.25%
SFNC B 0.25%
TDW F 0.25%
INDB B 0.25%
TRN C 0.25%
IOSP B 0.25%
CNK B 0.25%
ARCH B 0.25%
ALRM C 0.25%
HUBG A 0.25%
NWL B 0.25%
CRVL A 0.25%
BKU A 0.25%
OII B 0.25%
NMIH D 0.24%
AWR B 0.24%
SHOO D 0.24%
ENVA B 0.24%
GSHD A 0.24%
TBBK B 0.24%
TDS B 0.24%
BXMT C 0.24%
VSCO B 0.24%
ENV B 0.24%
BL B 0.24%
CWEN C 0.24%
SMPL B 0.24%
BOH B 0.24%
BTU B 0.24%
PRK B 0.23%
PFS B 0.23%
HASI D 0.23%
GFF A 0.23%
CWT D 0.23%
VCEL B 0.23%
LCII C 0.23%
UNF B 0.23%
VIRT B 0.23%
DEI B 0.23%
AAP C 0.22%
LBRT D 0.22%
DIOD D 0.22%
POWL C 0.22%
ABR C 0.22%
PPBI B 0.22%
HI C 0.22%
PRGS A 0.22%
FFBC A 0.22%
PAYO A 0.21%
B B 0.21%
JJSF B 0.21%
EPAC B 0.21%
MTRN C 0.21%
MYRG B 0.21%
UE C 0.21%
PATK D 0.21%
ACLS F 0.21%
AZZ B 0.21%
PLMR B 0.21%
CPK A 0.21%
HNI B 0.21%
ARCB C 0.21%
KLIC B 0.21%
AIN C 0.21%
CWK B 0.21%
HBI B 0.21%
MTX B 0.21%
LXP D 0.21%
SXI B 0.2%
SBCF A 0.2%
WAFD B 0.2%
WERN C 0.2%
IPAR B 0.2%
NBTB B 0.2%
VSTO A 0.2%
HWKN B 0.2%
TTMI B 0.2%
CNS B 0.2%
BANR B 0.2%
AGYS A 0.2%
KWR C 0.19%
PINC B 0.19%
TRMK B 0.19%
PRVA B 0.19%
UFPT B 0.19%
AKR B 0.19%
RNST B 0.19%
CPRX C 0.19%
ENR B 0.19%
OSIS B 0.19%
PHIN A 0.19%
CXW B 0.19%
YELP C 0.19%
VIAV B 0.18%
PSMT C 0.18%
KMT B 0.18%
KAR B 0.18%
PLUS F 0.18%
TFIN A 0.18%
MPW F 0.18%
IBTX B 0.18%
CAKE C 0.18%
FCPT C 0.18%
CNMD C 0.17%
PRG C 0.17%
CENTA C 0.17%
GBX A 0.17%
STRA C 0.17%
OFG B 0.17%
ADUS D 0.17%
ROIC A 0.17%
MRCY B 0.17%
MCY A 0.17%
SUPN C 0.17%
PTGX C 0.17%
ROCK C 0.17%
EVTC B 0.17%
URBN C 0.17%
NEO C 0.16%
STC B 0.16%
KSS F 0.16%
LMAT A 0.16%
GO C 0.16%
CABO C 0.16%
ALG B 0.16%
HAYW B 0.16%
FBK B 0.16%
OI C 0.16%
CASH A 0.16%
SHO C 0.16%
EPC D 0.15%
MLKN D 0.15%
WGO C 0.15%
TALO C 0.15%
NHC C 0.15%
APOG B 0.15%
RAMP C 0.15%
TRUP B 0.15%
NBHC B 0.15%
FBNC A 0.15%
NWBI B 0.15%
LGND B 0.15%
FTRE D 0.15%
FCF A 0.15%
LKFN B 0.15%
DRH B 0.15%
CHCO B 0.15%
PLAB C 0.14%
CTS C 0.14%
NTCT C 0.14%
HLX B 0.14%
VECO F 0.14%
VSTS C 0.14%
BANF B 0.14%
TNC D 0.14%
HMN B 0.14%
KN B 0.14%
WWW B 0.14%
BHE B 0.14%
PRDO B 0.14%
CALX D 0.14%
LZB B 0.14%
IART C 0.14%
SONO C 0.14%
ROG D 0.14%
GRBK D 0.14%
XHR B 0.13%
LTC B 0.13%
CSGS B 0.13%
CUBI C 0.13%
ANDE D 0.13%
AMWD C 0.13%
VBTX B 0.13%
STBA B 0.13%
PDCO D 0.13%
WKC D 0.13%
TRIP F 0.13%
ASTH D 0.13%
HOPE B 0.13%
DNOW B 0.13%
UCTT D 0.13%
VRTS B 0.13%
SCL C 0.13%
MYGN F 0.12%
THRM D 0.12%
TILE B 0.12%
DFIN D 0.12%
GTY B 0.12%
PEB D 0.12%
HTH B 0.12%
NWN A 0.12%
THS D 0.12%
WABC B 0.12%
CHEF A 0.12%
SJW D 0.12%
UPBD B 0.12%
SCSC B 0.11%
KALU C 0.11%
NX C 0.11%
USPH B 0.11%
NAVI C 0.11%
GNL F 0.11%
BKE B 0.11%
SPNT A 0.11%
LNN B 0.11%
ELME D 0.11%
STAA F 0.11%
SBH C 0.11%
HLIT D 0.11%
WS B 0.11%
DEA D 0.1%
JBGS D 0.1%
VICR B 0.1%
BLMN F 0.1%
DGII B 0.1%
WOR F 0.1%
MODG F 0.1%
DAN D 0.1%
UNFI A 0.1%
CRK B 0.1%
WT B 0.1%
SAFT C 0.1%
COHU C 0.1%
BHLB B 0.1%
UVV B 0.1%
EIG B 0.1%
AAT B 0.1%
ALEX C 0.1%
SNDR B 0.09%
PARR D 0.09%
AMN F 0.09%
ICHR C 0.09%
FIZZ C 0.09%
CBRL C 0.09%
ARLO C 0.09%
PMT D 0.09%
FDP B 0.09%
RC D 0.09%
OXM D 0.09%
BRKL B 0.09%
AMSF B 0.09%
AORT B 0.09%
MSEX B 0.09%
SXC A 0.09%
XNCR B 0.09%
CARS B 0.09%
ATEN B 0.09%
CENX B 0.09%
ARI C 0.09%
PFBC B 0.09%
NVEE F 0.09%
MD B 0.09%
DCOM A 0.09%
CERT F 0.09%
PLAY D 0.09%
PRLB A 0.08%
HRMY D 0.08%
MRTN C 0.08%
TMP B 0.08%
MMI B 0.08%
VVI C 0.08%
EFC C 0.08%
DXPE B 0.08%
PRAA C 0.08%
VTOL B 0.08%
COLL F 0.08%
ANIP F 0.08%
INVA D 0.08%
LPG F 0.08%
KLG C 0.08%
VTLE C 0.08%
GIII D 0.08%
NXRT B 0.08%
XRX F 0.08%
SBSI B 0.08%
CLB B 0.08%
CSR B 0.08%
CXM C 0.08%
FBRT C 0.08%
DLX B 0.08%
MCRI A 0.08%
QNST B 0.08%
SAH A 0.08%
ALGT B 0.08%
CAL D 0.08%
CPF A 0.07%
KOP C 0.07%
BLFS C 0.07%
EYE C 0.07%
CFFN B 0.07%
ODP F 0.07%
HCSG C 0.07%
AVNS F 0.07%
BJRI B 0.07%
WNC C 0.07%
EGBN B 0.07%
PRA C 0.07%
PCRX C 0.07%
BDN C 0.07%
ASTE B 0.07%
RWT D 0.07%
OMI F 0.07%
MNRO D 0.07%
HFWA B 0.07%
XPEL C 0.07%
UTL B 0.07%
EXPI C 0.07%
HSII B 0.07%
GDEN B 0.06%
TRST A 0.06%
REX D 0.06%
AHH D 0.06%
AHCO F 0.06%
NBR C 0.06%
HAYN C 0.06%
JBSS D 0.06%
NABL F 0.06%
HSTM B 0.06%
MATW C 0.06%
SSTK F 0.06%
HAFC A 0.06%
GPRE F 0.06%
AXL C 0.06%
AOSL C 0.06%
CNXN C 0.06%
HCI C 0.06%
MGPI F 0.06%
RCUS F 0.06%
ASIX A 0.06%
HTZ C 0.05%
VSAT F 0.05%
HAIN C 0.05%
CEVA B 0.05%
HZO D 0.05%
CTKB C 0.05%
MTUS C 0.05%
SMP B 0.05%
SPTN D 0.05%
CVI F 0.05%
KREF D 0.05%
IIIN C 0.05%
SCHL D 0.05%
SCVL F 0.05%
NVRI F 0.05%
RGR F 0.05%
SHEN F 0.05%
EZPW A 0.05%
WSR A 0.05%
MATV D 0.05%
ETD C 0.05%
PUMP B 0.05%
INN D 0.05%
SWI B 0.05%
USNA C 0.04%
RGNX F 0.04%
KELYA F 0.04%
SVC F 0.04%
MYE F 0.04%
GDOT D 0.04%
BGS F 0.04%
GES F 0.04%
GOGO C 0.04%
PAHC C 0.04%
BFS C 0.04%
SLP D 0.04%
UHT D 0.04%
TR B 0.04%
HPP F 0.04%
UFCS B 0.04%
LQDT B 0.04%
RES D 0.04%
SNCY C 0.04%
HTLD B 0.04%
MLAB D 0.04%
AMBC C 0.04%
CRSR C 0.03%
TWI F 0.03%
FLGT F 0.03%
NPK B 0.03%
WRLD C 0.03%
THRY F 0.03%
QVMS Underweight 302 Positions Relative to CLSE
Symbol Grade Weight
NVDA C -4.61%
GOOGL C -3.47%
META D -3.3%
AMZN C -2.53%
AVGO D -2.28%
APP B -2.25%
MU D -2.13%
HPE B -1.92%
CVNA B -1.85%
ANET C -1.83%
WMT A -1.82%
QCOM F -1.73%
GDDY A -1.42%
CVLT B -1.4%
DOCU A -1.37%
PYPL B -1.33%
ORCL B -1.33%
TSLA B -1.22%
JHG A -1.21%
NTNX A -1.16%
HD A -1.13%
SYF B -1.11%
BMY B -1.11%
NTRS A -1.08%
GILD C -1.07%
PLTR B -1.02%
NTAP C -1.0%
LNG B -0.97%
SEIC B -0.95%
HALO F -0.9%
AMRX C -0.9%
GM B -0.87%
COR B -0.86%
CAH B -0.86%
PPC C -0.85%
AAPL C -0.83%
JNJ D -0.83%
BAC A -0.81%
PRIM A -0.8%
MO A -0.79%
NFLX A -0.79%
THC D -0.78%
FITB A -0.78%
DVA B -0.78%
IESC B -0.77%
CPNG D -0.77%
EME C -0.75%
WFC A -0.75%
CNX A -0.74%
FTI A -0.74%
UTHR C -0.73%
PNC B -0.72%
ABBV D -0.72%
RF A -0.72%
STRL B -0.71%
ZION B -0.71%
NRG B -0.71%
UHS D -0.7%
TMUS B -0.7%
GEN B -0.68%
VRT B -0.68%
APH A -0.67%
UMBF B -0.66%
ALSN B -0.66%
MTZ B -0.66%
AVT C -0.66%
MWA B -0.65%
BLK C -0.65%
JPM A -0.64%
CHRW C -0.61%
EXPE B -0.61%
TSN B -0.6%
FFIV B -0.6%
AMG B -0.58%
LDOS C -0.55%
VST B -0.55%
RGA A -0.55%
GLW B -0.52%
MET A -0.52%
GOOG C -0.49%
UI A -0.49%
EXP A -0.48%
CACI D -0.48%
PNW B -0.48%
UNP C -0.47%
PGR A -0.46%
DUOL A -0.45%
PG A -0.45%
ALL A -0.45%
BKNG A -0.44%
LPX B -0.43%
SCCO F -0.41%
RMD C -0.4%
SR A -0.38%
R B -0.38%
SPG B -0.37%
CNA B -0.37%
CF B -0.37%
GRMN B -0.37%
OUT A -0.36%
EQR B -0.35%
CCL B -0.35%
CDP C -0.34%
RGLD C -0.32%
CNC D -0.31%
PTON B -0.31%
LAMR D -0.31%
J F -0.31%
MPWR F -0.3%
CVS D -0.29%
VLO C -0.29%
T A -0.29%
MDT D -0.29%
APA D -0.25%
NVR D -0.24%
VRTX F -0.23%
NEM D -0.22%
TOL B -0.22%
EEFT B -0.22%
FLR B -0.21%
JLL D -0.2%
MUSA A -0.2%
BAH F -0.18%
KR B -0.17%
NTRA B -0.17%
BOX B -0.17%
JAZZ B -0.16%
FOXA B -0.14%
EXPD D -0.14%
FN D -0.13%
PRU A -0.13%
VCTR B -0.12%
VCYT B -0.12%
CINF A -0.12%
CDE D -0.11%
ILMN D -0.1%
INCY C -0.07%
HQY B -0.07%
QQQ B -0.0%
LNTH D -0.0%
LRCX F -0.0%
KNX B --0.06%
HGV B --0.06%
HUN F --0.07%
EXAS D --0.07%
RYN D --0.07%
BC C --0.08%
AES F --0.08%
FLYW C --0.08%
GNTX C --0.09%
NSC B --0.1%
ATO A --0.1%
ACVA B --0.11%
ENPH F --0.11%
CGON F --0.11%
EL F --0.12%
RBA A --0.12%
PCH D --0.12%
DLR B --0.13%
EXR D --0.13%
STLD B --0.13%
ALIT C --0.13%
VMC B --0.13%
MLM B --0.13%
BPOP B --0.14%
PYCR C --0.14%
DAY B --0.14%
REXR F --0.14%
ARWR F --0.14%
MKL A --0.14%
AA B --0.14%
EQIX A --0.14%
CZR F --0.15%
COLD D --0.15%
APD A --0.15%
GTLS B --0.15%
CRL C --0.15%
RNR C --0.15%
DRVN B --0.15%
NARI C --0.16%
FIVN C --0.16%
BHF B --0.16%
XPO B --0.16%
OSK B --0.16%
DAR C --0.16%
ALB C --0.16%
UHAL D --0.16%
EW C --0.16%
SITE D --0.16%
SW A --0.17%
TEX D --0.17%
TREX C --0.17%
MDGL B --0.17%
LKQ D --0.17%
MASI A --0.17%
AJG B --0.17%
KRG B --0.17%
ENOV C --0.18%
CHDN B --0.18%
UEC B --0.18%
EBC B --0.18%
AGCO D --0.18%
COTY F --0.18%
CNH C --0.18%
BRKR D --0.18%
C A --0.19%
WAL B --0.19%
KNSL B --0.2%
SRE A --0.2%
GATX A --0.2%
BIRK D --0.2%
BE B --0.21%
AESI B --0.21%
WTM A --0.21%
PRCT B --0.22%
BANC A --0.22%
MTN C --0.22%
SAIA B --0.22%
SUM B --0.22%
EQT B --0.23%
PSA D --0.23%
XYL D --0.23%
WTRG B --0.24%
ELF C --0.24%
IONS F --0.24%
GPOR B --0.24%
CELH F --0.24%
HSY F --0.24%
DELL C --0.25%
LW C --0.25%
KEY B --0.25%
BILL A --0.26%
NEOG F --0.26%
AUR C --0.26%
AWK D --0.26%
VAL D --0.27%
FOUR B --0.27%
STNE F --0.27%
TEAM A --0.27%
MSCI C --0.27%
MNST C --0.28%
SOFI A --0.28%
ESTC C --0.29%
MDB C --0.29%
XP F --0.29%
MKTX D --0.29%
CYTK F --0.3%
LYV A --0.3%
NDAQ A --0.3%
APLS D --0.3%
APTV D --0.32%
GTLB B --0.32%
VVV F --0.33%
LPLA A --0.34%
ZBRA B --0.34%
ABNB C --0.34%
INSP D --0.34%
FCNCA A --0.35%
APO B --0.35%
AFRM B --0.35%
CACC D --0.36%
COHR B --0.36%
BBIO F --0.36%
ZI D --0.36%
BEN C --0.36%
ON D --0.39%
DG F --0.4%
BA F --0.4%
RBLX C --0.41%
DLTR F --0.41%
PINS D --0.41%
U C --0.41%
RIVN F --0.42%
TTWO A --0.43%
WBD C --0.43%
SNPS B --0.44%
ALGM D --0.45%
DV C --0.45%
CGNX C --0.45%
GE D --0.46%
CDNS B --0.46%
MRNA F --0.47%
SMCI F --0.47%
RH B --0.47%
CFLT B --0.47%
CHTR C --0.48%
CSCO B --0.52%
FND C --0.53%
BRZE C --0.56%
FIVE F --0.56%
NWS B --0.57%
WST C --0.59%
LITE B --0.6%
POOL C --0.61%
MCHP D --0.63%
DXCM D --0.63%
WDC D --0.65%
LSCC D --0.7%
ROP B --0.7%
TXN C --0.81%
INTC D --0.93%
FSLR F --1.26%
Compare ETFs