QVMS vs. FYT ETF Comparison

Comparison of Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS) to First Trust Small Cap Value AlphaDEX Fund (FYT)

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 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, designed to track the performance of a subset of securities from the S&P SmallCap 600 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

$29.40

Average Daily Volume

453

Number of Holdings ^*

523

* may have additional holdings in another (foreign) market

FYT

First Trust Small Cap Value AlphaDEX Fund

FYT Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Nasdaq AlphaDEX® Small Cap Value Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks that comprise the index. The index is designed to select value stocks from the NASDAQ US 700 Small Cap Index (the base index) that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX® selection methodology.

Grade (RS Rating)

Last Trade

$59.55

Average Daily Volume

10,617

Number of Holdings ^*

256

* may have additional holdings in another (foreign) market

Performance

Period	QVMS	FYT
30 Days	9.42%	9.77%
60 Days	8.13%	7.74%
90 Days	8.38%	6.59%
12 Months	32.90%	25.70%

172 Overlapping Holdings

Symbol	Grade	Weight in QVMS	Weight in FYT	Overlap
ABM	B	0.31%	0.26%	0.26%
ABR	C	0.22%	0.47%	0.22%
AIN	C	0.21%	0.11%	0.11%
AIR	B	0.17%	0.12%	0.12%
ALEX	C	0.1%	0.24%	0.1%
ALG	B	0.16%	0.39%	0.16%
AMN	F	0.09%	0.28%	0.09%
AMWD	C	0.13%	0.51%	0.13%
ANDE	D	0.13%	0.46%	0.13%
APLE	B	0.27%	0.64%	0.27%
ARCB	C	0.21%	0.37%	0.21%
ARI	C	0.09%	0.24%	0.09%
AVA	A	0.23%	0.59%	0.23%
AVNS	F	0.07%	0.19%	0.07%
BANR	B	0.2%	0.44%	0.2%
BFH	B	0.26%	0.73%	0.26%
BHE	B	0.14%	0.26%	0.14%
BHLB	B	0.1%	0.14%	0.1%
BKE	B	0.11%	0.4%	0.11%
BKU	A	0.25%	0.4%	0.25%
BLMN	F	0.1%	0.1%	0.1%
BTU	B	0.24%	0.62%	0.24%
CABO	C	0.16%	0.71%	0.16%
CAL	D	0.08%	0.56%	0.08%
CASH	A	0.16%	0.44%	0.16%
CATY	B	0.3%	0.43%	0.3%
CBU	B	0.3%	0.14%	0.14%
CCS	D	0.2%	0.52%	0.2%
CENTA	C	0.17%	0.49%	0.17%
CNMD	C	0.17%	0.12%	0.12%
CNXN	C	0.06%	0.11%	0.06%
CRK	B	0.1%	0.43%	0.1%
CSGS	B	0.13%	0.27%	0.13%
CUBI	C	0.13%	0.72%	0.13%
CVBF	A	0.25%	0.46%	0.25%
CVCO	A	0.28%	0.13%	0.13%
CVI	F	0.05%	0.5%	0.05%
CWEN	C	0.24%	0.11%	0.11%
CXW	B	0.19%	1.03%	0.19%
DAN	D	0.1%	0.39%	0.1%
DEA	D	0.1%	0.23%	0.1%
DEI	B	0.23%	0.13%	0.13%
DFIN	D	0.12%	0.23%	0.12%
DNOW	B	0.13%	0.69%	0.13%
DRH	B	0.15%	0.51%	0.15%
EIG	B	0.1%	0.68%	0.1%
EPC	D	0.15%	0.59%	0.15%
EVTC	B	0.17%	0.12%	0.12%
FBK	B	0.16%	0.14%	0.14%
FBNC	A	0.15%	0.27%	0.15%
FCF	A	0.15%	0.39%	0.15%
FDP	B	0.09%	0.14%	0.09%
FFBC	A	0.22%	0.56%	0.22%
FHB	A	0.28%	0.29%	0.28%
FULT	A	0.32%	0.42%	0.32%
GBX	A	0.17%	0.79%	0.17%
GEO	B	0.29%	0.5%	0.29%
GES	F	0.04%	0.51%	0.04%
GIII	D	0.08%	0.62%	0.08%
GNW	A	0.26%	0.13%	0.13%
GO	C	0.16%	0.25%	0.16%
GOGO	C	0.04%	0.27%	0.04%
GPRE	F	0.06%	0.1%	0.06%
GRBK	D	0.14%	0.3%	0.14%
HAYW	B	0.16%	0.12%	0.12%
HIW	D	0.26%	0.46%	0.26%
HMN	B	0.14%	0.29%	0.14%
HOPE	B	0.13%	0.39%	0.13%
HTH	B	0.12%	0.25%	0.12%
HTZ	C	0.05%	0.76%	0.05%
HUBG	A	0.25%	0.39%	0.25%
IART	C	0.14%	0.63%	0.14%
INDB	B	0.25%	0.59%	0.25%
INVA	D	0.08%	0.61%	0.08%
IOSP	B	0.25%	0.26%	0.25%
JBGS	D	0.1%	0.11%	0.1%
JBT	B	0.3%	0.73%	0.3%
KALU	C	0.11%	0.4%	0.11%
KAR	B	0.18%	0.28%	0.18%
KLG	C	0.08%	0.36%	0.08%
KMT	B	0.18%	0.68%	0.18%
KSS	F	0.16%	0.54%	0.16%
KWR	C	0.19%	0.24%	0.19%
LCII	C	0.23%	0.23%	0.23%
LGIH	D	0.17%	0.32%	0.17%
LNN	B	0.11%	0.24%	0.11%
LXP	D	0.21%	0.11%	0.11%
LZB	B	0.14%	0.49%	0.14%
MCRI	A	0.08%	0.38%	0.08%
MCW	B	0.06%	0.15%	0.06%
MGPI	F	0.06%	0.15%	0.06%
MLKN	D	0.15%	0.47%	0.15%
MODG	F	0.1%	0.37%	0.1%
MRTN	C	0.08%	0.35%	0.08%
MSEX	B	0.09%	0.12%	0.09%
MTRN	C	0.21%	0.13%	0.13%
MTX	B	0.21%	0.26%	0.21%
MYRG	B	0.21%	0.18%	0.18%
NAVI	C	0.11%	0.48%	0.11%
NBTB	B	0.2%	0.13%	0.13%
NVEE	F	0.09%	0.12%	0.09%
NWBI	B	0.15%	0.27%	0.15%
NWN	A	0.12%	0.49%	0.12%
NX	C	0.11%	0.39%	0.11%
ODP	F	0.07%	0.21%	0.07%
OFG	B	0.17%	0.24%	0.17%
OI	C	0.16%	0.12%	0.12%
OMI	F	0.07%	0.28%	0.07%
OXM	D	0.09%	0.11%	0.09%
PARR	D	0.09%	0.61%	0.09%
PATK	D	0.21%	0.22%	0.21%
PBH	A	0.33%	0.28%	0.28%
PDCO	D	0.13%	0.44%	0.13%
PEB	D	0.12%	0.33%	0.12%
PFBC	B	0.09%	0.42%	0.09%
PFS	B	0.23%	0.14%	0.14%
PHIN	A	0.19%	0.55%	0.19%
PINC	B	0.19%	0.69%	0.19%
PLAB	C	0.14%	0.61%	0.14%
PLUS	F	0.18%	0.1%	0.1%
PPBI	B	0.22%	0.13%	0.13%
PRDO	B	0.14%	0.58%	0.14%
PRG	C	0.17%	0.48%	0.17%
PSMT	C	0.18%	0.23%	0.18%
RC	D	0.09%	0.11%	0.09%
RES	D	0.04%	0.57%	0.04%
REZI	A	0.31%	0.62%	0.31%
RNST	B	0.19%	0.41%	0.19%
ROCK	C	0.17%	0.25%	0.17%
ROG	D	0.14%	0.22%	0.14%
ROIC	A	0.17%	0.13%	0.13%
SAFT	C	0.1%	0.12%	0.1%
SAH	A	0.08%	0.54%	0.08%
SBCF	A	0.2%	0.27%	0.2%
SBH	C	0.11%	0.5%	0.11%
SCL	C	0.13%	0.24%	0.13%
SCSC	B	0.11%	0.5%	0.11%
SCVL	F	0.05%	0.3%	0.05%
SFNC	B	0.25%	0.41%	0.25%
SHEN	F	0.05%	0.23%	0.05%
SHO	C	0.16%	0.6%	0.16%
SHOO	D	0.24%	0.11%	0.11%
SJW	D	0.12%	0.33%	0.12%
SNDR	B	0.09%	0.39%	0.09%
SNEX	B	0.21%	0.29%	0.21%
SPNT	A	0.11%	0.62%	0.11%
SSTK	F	0.06%	0.32%	0.06%
STBA	B	0.13%	0.25%	0.13%
STC	B	0.16%	0.12%	0.12%
TALO	C	0.15%	0.69%	0.15%
TDS	B	0.24%	0.64%	0.24%
THRM	D	0.12%	0.23%	0.12%
TRMK	B	0.19%	0.59%	0.19%
TTMI	B	0.2%	0.32%	0.2%
UNF	B	0.23%	0.36%	0.23%
UPBD	B	0.12%	0.12%	0.12%
UVV	B	0.1%	0.61%	0.1%
VBTX	B	0.13%	0.4%	0.13%
VRTS	B	0.13%	0.41%	0.13%
VSAT	F	0.05%	0.32%	0.05%
VSCO	B	0.24%	0.5%	0.24%
VSTS	C	0.14%	0.46%	0.14%
VTLE	C	0.08%	0.71%	0.08%
WAFD	B	0.2%	0.26%	0.2%
WERN	C	0.2%	0.37%	0.2%
WGO	C	0.15%	0.38%	0.15%
WKC	D	0.13%	0.55%	0.13%
WS	B	0.11%	0.62%	0.11%
WSFS	A	0.29%	0.41%	0.29%
XHR	B	0.13%	0.37%	0.13%
XPEL	C	0.07%	0.13%	0.07%
XRX	F	0.08%	0.39%	0.08%

QVMS Overweight 351 Positions Relative to FYT

Symbol	Grade	Weight
MLI	C	0.84%
CMA	A	0.71%
CRS	A	0.69%
RHI	B	0.59%
JXN	C	0.58%
GKOS	B	0.56%
ATI	D	0.55%
SPSC	C	0.54%
VFC	C	0.53%
AWI	A	0.53%
COOP	B	0.51%
MTH	D	0.51%
MOG.A	B	0.5%
LNC	B	0.5%
BMI	B	0.5%
AVAV	D	0.48%
BCC	B	0.47%
FSS	B	0.47%
BCPC	B	0.47%
ACIW	B	0.47%
GPI	A	0.46%
ABG	B	0.46%
MATX	C	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%
AL	B	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%
AGO	B	0.37%
WHD	B	0.36%
ABCB	B	0.36%
ITGR	B	0.36%
IDCC	A	0.36%
FELE	B	0.35%
AEIS	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%
OGN	D	0.33%
GVA	A	0.33%
PLXS	B	0.33%
FTDR	A	0.33%
NOG	A	0.33%
RUSHA	C	0.32%
KFY	B	0.32%
CTRE	D	0.32%
LRN	A	0.32%
SEM	B	0.32%
TPH	D	0.32%
BGC	C	0.32%
CRC	B	0.31%
HCC	B	0.31%
AUB	B	0.31%
GMS	B	0.31%
MAC	B	0.31%
UCB	A	0.31%
DORM	B	0.3%
VRRM	D	0.3%
WDFC	B	0.3%
WD	D	0.29%
MGEE	C	0.29%
SKT	B	0.29%
DXC	B	0.29%
CALM	A	0.29%
BOOT	D	0.28%
SITM	B	0.28%
PJT	A	0.28%
CEIX	A	0.28%
ASO	F	0.28%
ESE	B	0.28%
AROC	B	0.28%
OTTR	C	0.28%
FBP	B	0.28%
NPO	A	0.28%
HP	B	0.27%
RXO	C	0.27%
AEO	F	0.27%
STEP	B	0.27%
AMR	C	0.26%
ATGE	B	0.26%
FORM	D	0.26%
BRC	D	0.26%
ICUI	D	0.26%
IAC	D	0.26%
APAM	B	0.26%
SXT	B	0.26%
TDW	F	0.25%
CCOI	B	0.25%
TRN	C	0.25%
CNK	B	0.25%
ARCH	B	0.25%
ALRM	C	0.25%
PENN	C	0.25%
NWL	B	0.25%
CRVL	A	0.25%
OII	B	0.25%
NMIH	D	0.24%
AWR	B	0.24%
ENVA	B	0.24%
GSHD	A	0.24%
TBBK	B	0.24%
SLVM	B	0.24%
BXMT	C	0.24%
ENV	B	0.24%
BL	B	0.24%
SMPL	B	0.24%
BOH	B	0.24%
PRK	B	0.23%
PTEN	C	0.23%
HASI	D	0.23%
GFF	A	0.23%
CWT	D	0.23%
VCEL	B	0.23%
VIRT	B	0.23%
AAP	C	0.22%
LBRT	D	0.22%
DIOD	D	0.22%
POWL	C	0.22%
IIPR	D	0.22%
HI	C	0.22%
PRGS	A	0.22%
CARG	C	0.22%
PAYO	A	0.21%
B	B	0.21%
JJSF	B	0.21%
EPAC	B	0.21%
UE	C	0.21%
ACLS	F	0.21%
AZZ	B	0.21%
PLMR	B	0.21%
CPK	A	0.21%
HNI	B	0.21%
KLIC	B	0.21%
CWK	B	0.21%
HBI	B	0.21%
SXI	B	0.2%
IPAR	B	0.2%
VSTO	A	0.2%
HWKN	B	0.2%
CNS	B	0.2%
AGYS	A	0.2%
PRVA	B	0.19%
UFPT	B	0.19%
FL	F	0.19%
AKR	B	0.19%
CPRX	C	0.19%
ENR	B	0.19%
OSIS	B	0.19%
YELP	C	0.19%
VIAV	B	0.18%
TFIN	A	0.18%
MPW	F	0.18%
IBTX	B	0.18%
CAKE	C	0.18%
FCPT	C	0.18%
JBLU	F	0.17%
STRA	C	0.17%
ADUS	D	0.17%
SATS	D	0.17%
MRCY	B	0.17%
MCY	A	0.17%
SUPN	C	0.17%
PTGX	C	0.17%
URBN	C	0.17%
NEO	C	0.16%
LMAT	A	0.16%
NHC	C	0.15%
APOG	B	0.15%
RAMP	C	0.15%
TRUP	B	0.15%
NBHC	B	0.15%
LGND	B	0.15%
FTRE	D	0.15%
LKFN	B	0.15%
CHCO	B	0.15%
CTS	C	0.14%
NTCT	C	0.14%
HLX	B	0.14%
VECO	F	0.14%
BANF	B	0.14%
TNC	D	0.14%
KN	B	0.14%
JOE	F	0.14%
WWW	B	0.14%
CALX	D	0.14%
SONO	C	0.14%
LTC	B	0.13%
TRIP	F	0.13%
ASTH	D	0.13%
UCTT	D	0.13%
MYGN	F	0.12%
TILE	B	0.12%
GTY	B	0.12%
THS	D	0.12%
WABC	B	0.12%
CHEF	A	0.12%
USPH	B	0.11%
GNL	F	0.11%
ELME	D	0.11%
STAA	F	0.11%
HLIT	D	0.11%
VICR	B	0.1%
DGII	B	0.1%
WOR	F	0.1%
UNFI	A	0.1%
WT	B	0.1%
COHU	C	0.1%
AAT	B	0.1%
ICHR	C	0.09%
FIZZ	C	0.09%
CBRL	C	0.09%
ARLO	C	0.09%
PMT	D	0.09%
BRKL	B	0.09%
AMSF	B	0.09%
AORT	B	0.09%
SXC	A	0.09%
XNCR	B	0.09%
CARS	B	0.09%
ATEN	B	0.09%
CENX	B	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%
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%
LPG	F	0.08%
NXRT	B	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%
QNST	B	0.08%
ALGT	B	0.08%
CPF	A	0.07%
KOP	C	0.07%
BLFS	C	0.07%
EYE	C	0.07%
CFFN	B	0.07%
HCSG	C	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%
MNRO	D	0.07%
HFWA	B	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%
HAFC	A	0.06%
AXL	C	0.06%
AOSL	C	0.06%
HCI	C	0.06%
RCUS	F	0.06%
ASIX	A	0.06%
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%
KREF	D	0.05%
IIIN	C	0.05%
SCHL	D	0.05%
NVRI	F	0.05%
RGR	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%
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%
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 84 Positions Relative to FYT

Symbol	Grade	Weight
RIOT	C	-0.98%
BMBL	C	-0.79%
CTOS	C	-0.72%
ECVT	C	-0.72%
TGNA	B	-0.7%
ULH	B	-0.69%
GEF	A	-0.66%
GPOR	B	-0.65%
HELE	C	-0.65%
PK	B	-0.64%
RLJ	C	-0.64%
GT	C	-0.64%
VAC	B	-0.62%
KOS	F	-0.62%
CRGY	B	-0.62%
VC	D	-0.59%
IMKTA	C	-0.59%
PEBO	A	-0.58%
ZD	C	-0.58%
BY	B	-0.57%
GHC	C	-0.56%
FOR	F	-0.56%
USM	B	-0.55%
EBC	B	-0.55%
DBRG	F	-0.54%
WMK	C	-0.53%
VSH	D	-0.52%
MRC	B	-0.52%
SEB	F	-0.52%
HOV	D	-0.51%
CMCO	B	-0.51%
EQC	B	-0.49%
BV	B	-0.49%
LADR	B	-0.49%
NWE	B	-0.47%
OEC	C	-0.47%
SASR	B	-0.44%
BNL	D	-0.44%
PLYA	B	-0.44%
ADNT	F	-0.44%
WSBC	A	-0.43%
FRME	B	-0.42%
HY	D	-0.41%
EFSC	B	-0.41%
LAUR	A	-0.4%
TCBK	B	-0.4%
FIBK	A	-0.39%
SRCE	B	-0.39%
PTVE	B	-0.38%
BUSE	B	-0.37%
IPGP	D	-0.36%
SPB	C	-0.35%
LILAK	D	-0.33%
LC	A	-0.32%
CAR	C	-0.3%
ASB	B	-0.3%
NIC	B	-0.29%
CRI	D	-0.29%
FHI	A	-0.28%
DFH	D	-0.28%
ENOV	C	-0.26%
TOWN	B	-0.26%
HLF	C	-0.26%
DK	C	-0.25%
SYNA	C	-0.24%
CXT	B	-0.24%
YETI	C	-0.23%
FOXF	F	-0.19%
UPWK	B	-0.17%
TCBI	B	-0.15%
BHF	B	-0.14%
HLIO	B	-0.13%
IVT	B	-0.13%
SAM	C	-0.13%
KFRC	D	-0.12%
NNI	D	-0.12%
NMRK	B	-0.12%
PGRE	F	-0.12%
MSGE	F	-0.11%
CMTG	F	-0.11%
SHLS	F	-0.11%
CC	C	-0.11%
GIC	D	-0.1%
OLPX	D	-0.09%