QVMS vs. IBBQ ETF Comparison

Comparison of Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS) to Invesco Nasdaq Biotechnology ETF (IBBQ)
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

$28.42

Average Daily Volume

502

Number of Holdings *

523

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

Invesco Nasdaq Biotechnology ETF

IBBQ Description The investment seeks to track the investment results (before fees and expenses) of the Nasdaq Biotechnology Index ®. The fund generally will invest at least 90% of its total assets in the securities that comprise the index. Strictly in accordance with its guidelines and mandated procedures, Nasdaq compiles the underlying index, which is a modified market capitalization weighted index that is designed to measure the performance of securities listed on the Nasdaq Stock Market that are classified as either biotechnology or pharmaceutical companies. The index may include securities of large-, mid- and small-capitalization companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$21.98

Average Daily Volume

18,040

Number of Holdings *

195

* may have additional holdings in another (foreign) market
Performance
Period QVMS IBBQ
30 Days 2.78% -8.80%
60 Days 4.52% -10.14%
90 Days 7.12% -9.99%
12 Months 27.75% 15.56%
16 Overlapping Holdings
Symbol Grade Weight in QVMS Weight in IBBQ Overlap
ALKS C 0.39% 0.46% 0.39%
ANIP D 0.08% 0.12% 0.08%
COLL F 0.08% 0.11% 0.08%
FTRE D 0.15% 0.16% 0.15%
HRMY F 0.08% 0.19% 0.08%
INVA C 0.08% 0.12% 0.08%
KRYS C 0.33% 0.52% 0.33%
LGND C 0.15% 0.23% 0.15%
MYGN F 0.12% 0.16% 0.12%
PAHC B 0.04% 0.05% 0.04%
PCRX C 0.07% 0.08% 0.07%
PTGX D 0.17% 0.27% 0.17%
RGNX D 0.04% 0.05% 0.04%
SUPN B 0.17% 0.2% 0.17%
VCEL A 0.23% 0.24% 0.23%
XNCR B 0.09% 0.14% 0.09%
QVMS Overweight 507 Positions Relative to IBBQ
Symbol Grade Weight
MLI B 0.84%
CMA B 0.71%
CRS A 0.69%
RHI C 0.59%
JXN C 0.58%
GKOS A 0.56%
ATI C 0.55%
SPSC F 0.54%
VFC C 0.53%
AWI B 0.53%
COOP B 0.51%
MTH D 0.51%
MOG.A B 0.5%
LNC B 0.5%
BMI C 0.5%
AVAV C 0.48%
BCC C 0.47%
FSS B 0.47%
BCPC B 0.47%
ACIW B 0.47%
GPI B 0.46%
ABG B 0.46%
MATX B 0.46%
ALK A 0.46%
SM C 0.45%
MARA C 0.45%
MMSI A 0.44%
EPRT A 0.43%
MC B 0.43%
RDNT B 0.43%
PIPR B 0.42%
ITRI B 0.42%
SEE D 0.42%
AL B 0.42%
RDN D 0.42%
ACA A 0.41%
MGY A 0.41%
IBP F 0.4%
EAT A 0.4%
DY C 0.39%
CORT C 0.38%
SFBS B 0.38%
SLG B 0.37%
AGO A 0.37%
WHD B 0.36%
ABCB B 0.36%
ITGR B 0.36%
IDCC B 0.36%
FELE B 0.35%
AEIS B 0.35%
AX B 0.35%
GTES A 0.35%
NSIT F 0.35%
SKYW B 0.35%
SHAK C 0.35%
SIG C 0.35%
PECO A 0.35%
KTB A 0.35%
MHO D 0.34%
FUL F 0.34%
SANM B 0.34%
PBH A 0.33%
OGN F 0.33%
GVA A 0.33%
PLXS B 0.33%
FTDR B 0.33%
NOG B 0.33%
RUSHA B 0.32%
KFY B 0.32%
CTRE C 0.32%
LRN A 0.32%
SEM B 0.32%
TPH D 0.32%
BGC C 0.32%
FULT B 0.32%
CRC A 0.31%
HCC B 0.31%
ABM B 0.31%
REZI A 0.31%
AUB B 0.31%
GMS B 0.31%
MAC A 0.31%
UCB A 0.31%
DORM B 0.3%
CBU B 0.3%
JBT A 0.3%
VRRM F 0.3%
WDFC B 0.3%
CATY B 0.3%
WD D 0.29%
WSFS B 0.29%
MGEE A 0.29%
SKT A 0.29%
DXC D 0.29%
CALM A 0.29%
GEO A 0.29%
BOOT D 0.28%
SITM B 0.28%
PJT B 0.28%
CEIX A 0.28%
ASO F 0.28%
CVCO A 0.28%
ESE B 0.28%
AROC A 0.28%
OTTR C 0.28%
FHB B 0.28%
FBP B 0.28%
NPO A 0.28%
HP C 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 F 0.26%
BRC C 0.26%
GNW A 0.26%
ICUI D 0.26%
IAC D 0.26%
APAM B 0.26%
SXT C 0.26%
BFH B 0.26%
CVBF B 0.25%
SFNC B 0.25%
TDW F 0.25%
CCOI B 0.25%
INDB B 0.25%
TRN A 0.25%
IOSP C 0.25%
CNK A 0.25%
ARCH B 0.25%
ALRM C 0.25%
PENN 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 A 0.24%
SHOO D 0.24%
ENVA B 0.24%
GSHD B 0.24%
TBBK B 0.24%
TDS B 0.24%
SLVM C 0.24%
BXMT C 0.24%
VSCO A 0.24%
ENV B 0.24%
BL C 0.24%
CWEN C 0.24%
SMPL B 0.24%
BOH B 0.24%
BTU C 0.24%
AVA C 0.23%
PRK B 0.23%
PTEN C 0.23%
PFS B 0.23%
HASI F 0.23%
GFF B 0.23%
CWT C 0.23%
LCII D 0.23%
UNF B 0.23%
VIRT A 0.23%
DEI B 0.23%
AAP D 0.22%
LBRT F 0.22%
DIOD F 0.22%
POWL C 0.22%
IIPR F 0.22%
ABR B 0.22%
PPBI B 0.22%
HI C 0.22%
PRGS B 0.22%
CARG B 0.22%
FFBC B 0.22%
PAYO A 0.21%
B A 0.21%
JJSF C 0.21%
EPAC B 0.21%
MTRN C 0.21%
MYRG C 0.21%
UE A 0.21%
PATK D 0.21%
ACLS F 0.21%
AZZ A 0.21%
PLMR A 0.21%
CPK A 0.21%
SNEX B 0.21%
HNI B 0.21%
ARCB C 0.21%
KLIC C 0.21%
AIN C 0.21%
CWK C 0.21%
HBI B 0.21%
MTX C 0.21%
LXP D 0.21%
SXI B 0.2%
CCS F 0.2%
SBCF B 0.2%
WAFD B 0.2%
WERN B 0.2%
IPAR C 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 D 0.19%
PINC B 0.19%
TRMK B 0.19%
PRVA C 0.19%
UFPT C 0.19%
FL F 0.19%
AKR A 0.19%
RNST B 0.19%
CPRX C 0.19%
ENR B 0.19%
OSIS A 0.19%
PHIN B 0.19%
CXW B 0.19%
YELP C 0.19%
VIAV C 0.18%
PSMT D 0.18%
KMT C 0.18%
KAR A 0.18%
PLUS F 0.18%
TFIN B 0.18%
MPW F 0.18%
IBTX B 0.18%
CAKE B 0.18%
FCPT C 0.18%
CNMD C 0.17%
PRG C 0.17%
CENTA C 0.17%
JBLU F 0.17%
GBX B 0.17%
STRA C 0.17%
OFG B 0.17%
ADUS D 0.17%
LGIH F 0.17%
ROIC A 0.17%
SATS C 0.17%
AIR B 0.17%
MRCY C 0.17%
MCY B 0.17%
ROCK D 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 C 0.16%
HAYW B 0.16%
FBK B 0.16%
OI D 0.16%
CASH B 0.16%
SHO D 0.16%
EPC F 0.15%
MLKN F 0.15%
WGO D 0.15%
TALO C 0.15%
NHC B 0.15%
APOG B 0.15%
RAMP C 0.15%
TRUP B 0.15%
NBHC B 0.15%
FBNC B 0.15%
NWBI B 0.15%
FCF B 0.15%
LKFN B 0.15%
DRH B 0.15%
CHCO B 0.15%
PLAB D 0.14%
CTS C 0.14%
NTCT C 0.14%
HLX C 0.14%
VECO F 0.14%
VSTS F 0.14%
BANF B 0.14%
TNC F 0.14%
HMN B 0.14%
KN B 0.14%
JOE F 0.14%
WWW A 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 F 0.13%
AMWD C 0.13%
VBTX B 0.13%
STBA B 0.13%
PDCO F 0.13%
WKC D 0.13%
TRIP F 0.13%
ASTH F 0.13%
HOPE B 0.13%
DNOW B 0.13%
UCTT F 0.13%
VRTS B 0.13%
SCL D 0.13%
THRM F 0.12%
TILE B 0.12%
DFIN D 0.12%
GTY A 0.12%
PEB F 0.12%
HTH B 0.12%
NWN A 0.12%
THS F 0.12%
WABC B 0.12%
CHEF B 0.12%
SJW F 0.12%
UPBD C 0.12%
SCSC B 0.11%
KALU C 0.11%
NX C 0.11%
USPH C 0.11%
NAVI F 0.11%
GNL D 0.11%
BKE B 0.11%
SPNT A 0.11%
LNN B 0.11%
ELME D 0.11%
STAA F 0.11%
SBH B 0.11%
HLIT D 0.11%
WS B 0.11%
DEA D 0.1%
JBGS F 0.1%
VICR C 0.1%
BLMN F 0.1%
DGII B 0.1%
WOR F 0.1%
MODG F 0.1%
DAN F 0.1%
UNFI B 0.1%
CRK A 0.1%
WT A 0.1%
SAFT B 0.1%
COHU D 0.1%
BHLB B 0.1%
UVV B 0.1%
EIG B 0.1%
AAT A 0.1%
ALEX B 0.1%
SNDR B 0.09%
PARR F 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 F 0.09%
BRKL B 0.09%
AMSF B 0.09%
AORT B 0.09%
MSEX B 0.09%
SXC A 0.09%
CARS C 0.09%
ATEN A 0.09%
CENX B 0.09%
ARI C 0.09%
PFBC B 0.09%
NVEE F 0.09%
MD C 0.09%
DCOM A 0.09%
CERT F 0.09%
PLAY D 0.09%
PRLB C 0.08%
MRTN C 0.08%
TMP B 0.08%
MMI B 0.08%
VVI B 0.08%
EFC C 0.08%
DXPE B 0.08%
PRAA C 0.08%
VTOL B 0.08%
LPG F 0.08%
KLG D 0.08%
VTLE C 0.08%
GIII D 0.08%
NXRT A 0.08%
XRX F 0.08%
SBSI B 0.08%
CLB C 0.08%
CSR A 0.08%
CXM C 0.08%
FBRT C 0.08%
DLX B 0.08%
MCRI A 0.08%
QNST C 0.08%
SAH B 0.08%
ALGT C 0.08%
CAL F 0.08%
CPF B 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 C 0.07%
WNC D 0.07%
EGBN B 0.07%
PRA B 0.07%
BDN C 0.07%
ASTE C 0.07%
RWT D 0.07%
OMI F 0.07%
MNRO C 0.07%
HFWA B 0.07%
XPEL C 0.07%
UTL C 0.07%
EXPI C 0.07%
HSII B 0.07%
GDEN B 0.06%
TRST B 0.06%
REX D 0.06%
AHH D 0.06%
AHCO D 0.06%
NBR D 0.06%
HAYN A 0.06%
JBSS F 0.06%
NABL F 0.06%
MCW C 0.06%
HSTM A 0.06%
MATW C 0.06%
SSTK F 0.06%
HAFC B 0.06%
GPRE F 0.06%
AXL C 0.06%
AOSL C 0.06%
CNXN D 0.06%
HCI C 0.06%
MGPI F 0.06%
RCUS F 0.06%
ASIX C 0.06%
HTZ C 0.05%
VSAT F 0.05%
HAIN D 0.05%
CEVA B 0.05%
HZO F 0.05%
CTKB C 0.05%
MTUS D 0.05%
SMP C 0.05%
SPTN F 0.05%
CVI D 0.05%
KREF D 0.05%
IIIN D 0.05%
SCHL F 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 F 0.05%
ETD D 0.05%
PUMP D 0.05%
INN D 0.05%
SWI B 0.05%
USNA C 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%
BFS C 0.04%
SLP F 0.04%
UHT D 0.04%
TR B 0.04%
HPP F 0.04%
UFCS A 0.04%
LQDT A 0.04%
RES F 0.04%
SNCY C 0.04%
HTLD B 0.04%
MLAB F 0.04%
AMBC C 0.04%
CRSR D 0.03%
TWI F 0.03%
FLGT F 0.03%
NPK C 0.03%
WRLD D 0.03%
THRY F 0.03%
QVMS Underweight 179 Positions Relative to IBBQ
Symbol Grade Weight
GILD C -9.96%
VRTX D -8.14%
AMGN D -7.75%
REGN F -5.58%
AZN F -3.67%
ALNY D -3.4%
BIIB F -2.47%
ILMN C -2.41%
MRNA F -1.88%
ARGX B -1.86%
UTHR C -1.75%
INCY C -1.54%
VTRS A -1.53%
SMMT D -1.49%
SNY F -1.47%
BMRN F -1.24%
NBIX C -1.22%
INSM C -1.2%
RPRX F -1.16%
PCVX D -1.12%
SRPT F -1.12%
MEDP D -1.07%
BNTX C -1.03%
EXEL B -0.99%
RVMD B -0.96%
ITCI B -0.93%
BGNE D -0.9%
ROIV D -0.85%
MDGL C -0.75%
HALO F -0.74%
ASND F -0.72%
JAZZ C -0.72%
CYTK D -0.64%
BPMC C -0.63%
IONS F -0.55%
RNA C -0.54%
NUVL D -0.54%
ACLX C -0.52%
CRNX C -0.47%
BBIO F -0.47%
ADMA C -0.45%
RARE F -0.45%
IMVT F -0.43%
CRSP D -0.43%
AXSM B -0.42%
DNLI C -0.41%
RYTM C -0.38%
MRUS F -0.36%
IOVA F -0.36%
XENE D -0.34%
APLS F -0.34%
GH B -0.34%
LEGN F -0.33%
FOLD F -0.32%
PTCT C -0.32%
EWTX C -0.32%
KYMR C -0.31%
AGIO C -0.3%
DYN F -0.29%
ACAD C -0.28%
VCYT B -0.28%
VRNA B -0.27%
JANX C -0.27%
ARWR D -0.26%
TWST F -0.26%
VERA C -0.26%
KROS D -0.25%
IDYA F -0.25%
GERN F -0.25%
AKRO C -0.24%
SWTX C -0.24%
SRRK B -0.23%
AMPH F -0.22%
BEAM C -0.21%
MNKD B -0.2%
ARVN F -0.19%
RXRX D -0.19%
NVCR D -0.19%
MIRM C -0.19%
SNDX F -0.18%
WVE C -0.18%
IRON C -0.18%
NRIX C -0.17%
HROW D -0.17%
TARS C -0.17%
NTLA F -0.16%
OCUL C -0.16%
ARDX F -0.15%
ZLAB C -0.15%
SPRY C -0.15%
RCKT F -0.15%
DVAX C -0.15%
DAWN D -0.15%
BCRX D -0.15%
NVAX F -0.14%
IMCR C -0.13%
VIR F -0.13%
TVTX C -0.13%
KURA F -0.13%
ELVN C -0.13%
AUPH C -0.12%
ARQT C -0.12%
PHAT F -0.12%
COGT D -0.11%
MRVI F -0.11%
CNTA B -0.11%
GRFS C -0.11%
ETNB D -0.1%
ERAS C -0.09%
EOLS F -0.09%
CGEM F -0.09%
BCYC F -0.09%
PLRX D -0.09%
CSTL C -0.09%
PRTA F -0.09%
GMAB F -0.09%
ABCL C -0.08%
AUTL F -0.08%
RLAY F -0.08%
ADPT C -0.08%
REPL C -0.08%
PACB D -0.07%
SANA F -0.07%
YMAB F -0.07%
ORIC F -0.07%
ABUS D -0.07%
MLYS D -0.07%
OLMA F -0.07%
IRWD F -0.07%
THRD C -0.06%
HCM F -0.06%
RVNC F -0.06%
EYPT D -0.06%
HUMA F -0.06%
CVAC F -0.06%
AVXL C -0.06%
ANAB F -0.06%
SVRA F -0.06%
ALLO F -0.06%
LXRX F -0.05%
KALV F -0.05%
PRME F -0.05%
TERN F -0.05%
XERS C -0.05%
ARCT F -0.05%
URGN F -0.05%
MGTX C -0.05%
OABI D -0.05%
VERV D -0.05%
SIGA F -0.05%
ALEC F -0.05%
GLPG F -0.05%
QURE C -0.04%
SAGE F -0.04%
VYGR F -0.04%
FDMT F -0.04%
TBPH B -0.04%
EDIT F -0.03%
ZNTL D -0.03%
PGEN F -0.03%
MGNX D -0.03%
TSHA D -0.03%
VNDA C -0.03%
BMEA F -0.03%
LYEL F -0.03%
ACIU D -0.03%
ITOS F -0.03%
VTYX F -0.02%
ACRS B -0.02%
FULC F -0.02%
CABA F -0.02%
ATAI B -0.02%
AMRN F -0.02%
CRBU D -0.02%
BLUE F -0.01%
ALXO F -0.01%
OVID D -0.01%
CHRS F -0.01%
RAPT F -0.01%
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