QVMS vs. IJS ETF Comparison

Comparison of Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS) to iShares S&P SmallCap 600 Value ETF (IJS)

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

$26.85

Average Daily Volume

573

Number of Holdings ^*

525

* may have additional holdings in another (foreign) market

IJS

iShares S&P SmallCap 600 Value ETF

IJS Description

The investment seeks to track the investment results of an index composed of small-capitalization U.S. equities that exhibit value characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P SmallCap 600Â® Value Index (the "underlying index"), which measures the performance of the small-capitalization value sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$105.31

Average Daily Volume

257,808

Number of Holdings ^*

462

* may have additional holdings in another (foreign) market

Performance

Period	QVMS	IJS
30 Days	4.45%	2.95%
60 Days	4.72%	3.98%
90 Days	9.70%	10.05%
12 Months	27.46%	23.59%

399 Overlapping Holdings

Symbol	Grade	Weight in QVMS	Weight in IJS	Overlap
AAP	F	0.21%	0.33%	0.21%
AAT	C	0.11%	0.19%	0.11%
ABCB	C	0.33%	0.58%	0.33%
ABG	D	0.42%	0.35%	0.35%
ABM	D	0.3%	0.48%	0.3%
ABR	C	0.23%	0.43%	0.23%
ACA	B	0.39%	0.28%	0.28%
ACIW	C	0.46%	0.29%	0.29%
ADUS	D	0.18%	0.2%	0.18%
AEIS	B	0.35%	0.22%	0.22%
AGO	B	0.36%	0.23%	0.23%
AHCO	D	0.06%	0.17%	0.06%
AHH	F	0.06%	0.06%	0.06%
AIN	F	0.22%	0.21%	0.21%
AIR	D	0.17%	0.1%	0.1%
AKR	C	0.19%	0.36%	0.19%
AL	F	0.39%	0.54%	0.39%
ALEX	D	0.11%	0.21%	0.11%
ALGT	C	0.07%	0.12%	0.07%
ALK	C	0.39%	0.85%	0.39%
ALKS	C	0.42%	0.25%	0.25%
AMN	F	0.15%	0.11%	0.11%
AMSF	D	0.08%	0.08%	0.08%
AMWD	D	0.12%	0.1%	0.1%
ANDE	C	0.14%	0.11%	0.11%
AORT	C	0.09%	0.07%	0.07%
AOSL	D	0.08%	0.13%	0.08%
APAM	C	0.25%	0.19%	0.19%
APOG	B	0.16%	0.12%	0.12%
ARCH	C	0.22%	0.11%	0.11%
ARI	F	0.09%	0.06%	0.06%
ASIX	A	0.07%	0.12%	0.07%
ASO	D	0.34%	0.6%	0.34%
ASTE	F	0.06%	0.1%	0.06%
ATEN	B	0.08%	0.08%	0.08%
AUB	D	0.29%	0.48%	0.29%
AVA	D	0.24%	0.45%	0.24%
AVNS	D	0.09%	0.16%	0.09%
AWR	C	0.25%	0.22%	0.22%
AX	D	0.28%	0.0%	0.0%
AXL	F	0.07%	0.11%	0.07%
B	A	0.21%	0.26%	0.21%
BANF	D	0.12%	0.11%	0.11%
BANR	B	0.17%	0.3%	0.17%
BCPC	D	0.48%	0.37%	0.37%
BDN	B	0.08%	0.14%	0.08%
BFH	D	0.24%	0.0%	0.0%
BFS	C	0.04%	0.04%	0.04%
BGC	B	0.32%	0.19%	0.19%
BGS	D	0.05%	0.1%	0.05%
BHE	C	0.13%	0.23%	0.13%
BHLB	D	0.09%	0.0%	0.0%
BJRI	D	0.07%	0.11%	0.07%
BKE	C	0.1%	0.07%	0.07%
BKU	D	0.23%	0.39%	0.23%
BL	C	0.23%	0.14%	0.14%
BLFS	D	0.08%	0.05%	0.05%
BLMN	F	0.12%	0.09%	0.09%
BOH	D	0.21%	0.22%	0.21%
BRC	C	0.27%	0.17%	0.17%
BRKL	D	0.07%	0.13%	0.07%
BTU	B	0.25%	0.27%	0.25%
BXMT	D	0.25%	0.47%	0.25%
CABO	F	0.14%	0.24%	0.14%
CAKE	C	0.17%	0.16%	0.16%
CAL	F	0.1%	0.17%	0.1%
CALX	D	0.19%	0.17%	0.17%
CATY	C	0.26%	0.24%	0.24%
CBRL	D	0.09%	0.15%	0.09%
CBU	D	0.27%	0.44%	0.27%
CCS	D	0.23%	0.21%	0.21%
CENTA	F	0.16%	0.24%	0.16%
CENX	C	0.07%	0.13%	0.07%
CERT	F	0.1%	0.08%	0.08%
CEVA	B	0.05%	0.05%	0.05%
CFFN	F	0.06%	0.1%	0.06%
CHCO	D	0.14%	0.0%	0.0%
CHEF	D	0.12%	0.22%	0.12%
CHUY	B	0.05%	0.04%	0.04%
CLB	C	0.09%	0.08%	0.08%
CLW	F	0.04%	0.07%	0.04%
CMA	C	0.63%	1.15%	0.63%
CNS	C	0.2%	0.19%	0.19%
CNXN	C	0.07%	0.13%	0.07%
COHU	F	0.1%	0.1%	0.1%
COOP	B	0.5%	0.87%	0.5%
CORT	C	0.33%	0.23%	0.23%
CPF	C	0.06%	0.11%	0.06%
CPK	C	0.22%	0.23%	0.22%
CRK	B	0.1%	0.07%	0.07%
CRSR	D	0.03%	0.05%	0.03%
CSGS	B	0.12%	0.1%	0.1%
CSR	D	0.08%	0.16%	0.08%
CTKB	F	0.04%	0.09%	0.04%
CTRE	C	0.34%	0.26%	0.26%
CTS	C	0.12%	0.09%	0.09%
CVBF	B	0.21%	0.34%	0.21%
CVI	D	0.07%	0.05%	0.05%
CWEN	C	0.28%	0.15%	0.15%
CWEN	C	0.28%	0.38%	0.28%
CWK	D	0.2%	0.38%	0.2%
CWT	D	0.25%	0.28%	0.25%
CXM	F	0.08%	0.13%	0.08%
CXW	F	0.12%	0.2%	0.12%
DAN	C	0.13%	0.2%	0.13%
DCOM	C	0.08%	0.15%	0.08%
DEA	D	0.11%	0.19%	0.11%
DEI	B	0.24%	0.44%	0.24%
DGII	B	0.1%	0.15%	0.1%
DIOD	D	0.27%	0.17%	0.17%
DLX	F	0.07%	0.13%	0.07%
DNOW	F	0.12%	0.2%	0.12%
DORM	D	0.25%	0.14%	0.14%
DXC	B	0.3%	0.54%	0.3%
DXPE	C	0.06%	0.1%	0.06%
DY	C	0.42%	0.83%	0.42%
EAT	B	0.31%	0.3%	0.3%
EGBN	B	0.06%	0.1%	0.06%
EIG	C	0.1%	0.18%	0.1%
ELME	D	0.12%	0.23%	0.12%
ENR	B	0.19%	0.17%	0.17%
ENV	B	0.25%	0.0%	0.0%
ENVA	B	0.2%	0.32%	0.2%
EPAC	A	0.19%	0.11%	0.11%
EPC	F	0.15%	0.26%	0.15%
EPRT	C	0.45%	0.42%	0.42%
ETD	C	0.06%	0.06%	0.06%
EYE	F	0.07%	0.12%	0.07%
EZPW	C	0.05%	0.09%	0.05%
FBK	D	0.14%	0.23%	0.14%
FBNC	B	0.14%	0.25%	0.14%
FBRT	D	0.09%	0.16%	0.09%
FCF	D	0.14%	0.14%	0.14%
FCPT	C	0.2%	0.23%	0.2%
FDP	C	0.08%	0.15%	0.08%
FFBC	D	0.2%	0.35%	0.2%
FHB	D	0.25%	0.43%	0.25%
FIZZ	F	0.08%	0.08%	0.08%
FL	F	0.2%	0.31%	0.2%
FLGT	F	0.03%	0.06%	0.03%
FTRE	F	0.15%	0.26%	0.15%
FUL	F	0.37%	0.32%	0.32%
FULT	D	0.28%	0.47%	0.28%
GBX	C	0.13%	0.23%	0.13%
GDEN	D	0.05%	0.04%	0.04%
GDOT	C	0.04%	0.0%	0.0%
GEO	C	0.16%	0.26%	0.16%
GFF	C	0.21%	0.13%	0.13%
GIII	C	0.08%	0.18%	0.08%
GNL	D	0.13%	0.25%	0.13%
GNW	B	0.26%	0.44%	0.26%
GO	F	0.15%	0.25%	0.15%
GOGO	F	0.03%	0.03%	0.03%
GPRE	F	0.08%	0.13%	0.08%
GTES	C	0.31%	0.39%	0.31%
GTY	C	0.12%	0.13%	0.12%
GVA	A	0.29%	0.25%	0.25%
HAFC	D	0.05%	0.08%	0.05%
HAIN	B	0.06%	0.12%	0.06%
HASI	B	0.3%	0.58%	0.3%
HAYN	B	0.06%	0.05%	0.05%
HAYW	C	0.16%	0.32%	0.16%
HBI	B	0.2%	0.38%	0.2%
HCSG	F	0.06%	0.11%	0.06%
HFWA	D	0.06%	0.11%	0.06%
HI	F	0.19%	0.28%	0.19%
HIW	C	0.28%	0.52%	0.28%
HLIT	D	0.13%	0.11%	0.11%
HMN	C	0.12%	0.21%	0.12%
HNI	B	0.21%	0.15%	0.15%
HOPE	C	0.13%	0.22%	0.13%
HP	D	0.29%	0.21%	0.21%
HPP	F	0.05%	0.0%	0.0%
HRMY	D	0.08%	0.1%	0.08%
HSII	D	0.06%	0.12%	0.06%
HSTM	D	0.06%	0.05%	0.05%
HTH	F	0.12%	0.22%	0.12%
HTLD	F	0.04%	0.04%	0.04%
HTZ	D	0.04%	0.06%	0.04%
HUBG	D	0.22%	0.41%	0.22%
HZO	D	0.06%	0.1%	0.06%
IAC	D	0.3%	0.33%	0.3%
IART	F	0.11%	0.17%	0.11%
IBTX	B	0.17%	0.3%	0.17%
ICHR	C	0.09%	0.15%	0.09%
ICUI	C	0.28%	0.65%	0.28%
IIIN	F	0.05%	0.03%	0.03%
IIPR	C	0.29%	0.25%	0.25%
INDB	D	0.21%	0.36%	0.21%
INN	C	0.06%	0.06%	0.06%
INVA	B	0.09%	0.08%	0.08%
IOSP	F	0.24%	0.16%	0.16%
ITRI	B	0.39%	0.36%	0.36%
JBGS	C	0.12%	0.0%	0.0%
JBLU	B	0.18%	0.3%	0.18%
JBSS	F	0.07%	0.06%	0.06%
JBT	B	0.27%	0.19%	0.19%
JXN	A	0.59%	0.0%	0.0%
KALU	D	0.1%	0.17%	0.1%
KAR	F	0.16%	0.27%	0.16%
KELYA	D	0.05%	0.1%	0.05%
KFY	C	0.32%	0.24%	0.24%
KLG	F	0.08%	0.17%	0.08%
KLIC	C	0.22%	0.13%	0.13%
KMT	C	0.17%	0.3%	0.17%
KN	D	0.14%	0.13%	0.13%
KOP	F	0.07%	0.05%	0.05%
KREF	C	0.05%	0.1%	0.05%
KRYS	D	0.34%	0.23%	0.23%
KSS	D	0.18%	0.34%	0.18%
KWR	F	0.19%	0.16%	0.16%
LCII	C	0.25%	0.17%	0.17%
LGIH	C	0.19%	0.15%	0.15%
LGND	C	0.14%	0.27%	0.14%
LKFN	F	0.14%	0.13%	0.13%
LNC	C	0.48%	0.78%	0.48%
LNN	C	0.12%	0.1%	0.1%
LTC	D	0.12%	0.13%	0.12%
LXP	D	0.24%	0.43%	0.24%
LZB	D	0.14%	0.12%	0.12%
MAC	C	0.31%	0.57%	0.31%
MATV	F	0.07%	0.13%	0.07%
MATW	F	0.06%	0.04%	0.04%
MC	C	0.41%	0.0%	0.0%
MCW	F	0.05%	0.05%	0.05%
MCY	C	0.16%	0.25%	0.16%
MD	B	0.08%	0.15%	0.08%
MGEE	C	0.26%	0.22%	0.22%
MGPI	F	0.11%	0.07%	0.07%
MLAB	C	0.06%	0.1%	0.06%
MLKN	F	0.16%	0.26%	0.16%
MMI	D	0.07%	0.08%	0.07%
MMSI	C	0.44%	0.35%	0.35%
MNRO	C	0.07%	0.13%	0.07%
MODG	F	0.12%	0.22%	0.12%
MPW	C	0.26%	0.51%	0.26%
MRCY	C	0.16%	0.28%	0.16%
MRTN	F	0.08%	0.08%	0.08%
MSEX	D	0.09%	0.09%	0.09%
MTUS	F	0.05%	0.04%	0.04%
MTX	C	0.21%	0.18%	0.18%
MYE	F	0.04%	0.04%	0.04%
MYGN	D	0.2%	0.19%	0.19%
NABL	F	0.07%	0.05%	0.05%
NAVI	C	0.11%	0.18%	0.11%
NBHC	D	0.13%	0.23%	0.13%
NBR	D	0.07%	0.09%	0.07%
NBTB	D	0.18%	0.3%	0.18%
NHC	D	0.15%	0.12%	0.12%
NMIH	C	0.27%	0.17%	0.17%
NPK	F	0.03%	0.03%	0.03%
NPO	B	0.29%	0.27%	0.27%
NSIT	B	0.53%	0.31%	0.31%
NTCT	D	0.13%	0.23%	0.13%
NVEE	F	0.1%	0.18%	0.1%
NVRI	D	0.08%	0.12%	0.08%
NWBI	D	0.14%	0.0%	0.0%
NWL	F	0.22%	0.47%	0.22%
NWN	D	0.12%	0.23%	0.12%
NX	F	0.1%	0.06%	0.06%
NXRT	D	0.08%	0.14%	0.08%
ODP	D	0.08%	0.15%	0.08%
OGN	F	0.41%	0.72%	0.41%
OI	C	0.17%	0.3%	0.17%
OMI	F	0.09%	0.16%	0.09%
PAHC	C	0.03%	0.07%	0.03%
PAYO	B	0.16%	0.17%	0.16%
PBH	F	0.29%	0.27%	0.27%
PCRX	D	0.07%	0.1%	0.07%
PDCO	F	0.14%	0.25%	0.14%
PEB	D	0.13%	0.23%	0.13%
PECO	D	0.35%	0.34%	0.34%
PENN	F	0.24%	0.41%	0.24%
PFS	D	0.2%	0.0%	0.0%
PHIN	D	0.18%	0.3%	0.18%
PINC	F	0.17%	0.3%	0.17%
PIPR	A	0.38%	0.34%	0.34%
PJT	A	0.25%	0.2%	0.2%
PLAB	C	0.14%	0.07%	0.07%
PLUS	B	0.23%	0.15%	0.15%
PLXS	B	0.31%	0.31%	0.31%
PMT	C	0.1%	0.19%	0.1%
PPBI	D	0.21%	0.34%	0.21%
PRA	C	0.06%	0.12%	0.06%
PRAA	F	0.08%	0.13%	0.08%
PRDO	D	0.12%	0.0%	0.0%
PRK	D	0.2%	0.21%	0.2%
PRLB	F	0.06%	0.04%	0.04%
PSMT	B	0.2%	0.34%	0.2%
PTEN	F	0.24%	0.19%	0.19%
PTGX	C	0.2%	0.11%	0.11%
PUMP	C	0.06%	0.09%	0.06%
QNST	C	0.08%	0.15%	0.08%
RC	F	0.09%	0.19%	0.09%
RCUS	C	0.07%	0.07%	0.07%
RDN	D	0.44%	0.34%	0.34%
REZI	C	0.25%	0.42%	0.25%
RGNX	F	0.03%	0.04%	0.03%
RGR	F	0.06%	0.1%	0.06%
RHI	D	0.55%	1.02%	0.55%
RNST	D	0.17%	0.3%	0.17%
ROG	D	0.15%	0.09%	0.09%
ROIC	C	0.16%	0.3%	0.16%
RUSHA	D	0.27%	0.26%	0.26%
RXO	D	0.28%	0.3%	0.28%
SAFT	D	0.1%	0.18%	0.1%
SAH	D	0.08%	0.13%	0.08%
SANM	D	0.32%	0.54%	0.32%
SATS	C	0.19%	0.43%	0.19%
SBCF	D	0.18%	0.33%	0.18%
SBH	C	0.12%	0.21%	0.12%
SBSI	D	0.08%	0.08%	0.08%
SCHL	F	0.06%	0.11%	0.06%
SCL	D	0.14%	0.24%	0.14%
SCSC	D	0.11%	0.16%	0.11%
SCVL	D	0.06%	0.11%	0.06%
SEE	D	0.43%	0.0%	0.0%
SEM	D	0.3%	0.53%	0.3%
SFBS	C	0.34%	0.31%	0.31%
SFNC	B	0.23%	0.4%	0.23%
SITM	A	0.26%	0.2%	0.2%
SJW	F	0.14%	0.15%	0.14%
SKYW	B	0.28%	0.23%	0.23%
SLG	C	0.35%	0.67%	0.35%
SLP	F	0.04%	0.03%	0.03%
SLVM	C	0.25%	0.43%	0.25%
SMP	D	0.05%	0.1%	0.05%
SMPL	D	0.24%	0.17%	0.17%
SNCY	F	0.03%	0.03%	0.03%
SNDR	C	0.08%	0.2%	0.08%
SNEX	A	0.19%	0.34%	0.19%
SONO	D	0.13%	0.21%	0.13%
SPTN	D	0.06%	0.11%	0.06%
SSTK	F	0.07%	0.06%	0.06%
STAA	D	0.15%	0.1%	0.1%
STBA	D	0.13%	0.0%	0.0%
STC	D	0.16%	0.3%	0.16%
STEP	A	0.27%	0.38%	0.27%
STRA	F	0.16%	0.19%	0.16%
SUPN	D	0.16%	0.16%	0.16%
SVC	D	0.07%	0.11%	0.07%
SWI	A	0.05%	0.06%	0.05%
SXC	F	0.06%	0.11%	0.06%
SXT	C	0.28%	0.28%	0.28%
TALO	D	0.15%	0.19%	0.15%
TDS	C	0.19%	0.17%	0.17%
THRM	F	0.12%	0.11%	0.11%
THRY	F	0.04%	0.09%	0.04%
THS	D	0.16%	0.29%	0.16%
TILE	C	0.09%	0.16%	0.09%
TMP	B	0.07%	0.1%	0.07%
TPH	C	0.35%	0.25%	0.25%
TR	D	0.04%	0.03%	0.03%
TRMK	D	0.16%	0.28%	0.16%
TRN	B	0.24%	0.21%	0.21%
TRST	D	0.05%	0.09%	0.05%
TRUP	D	0.13%	0.11%	0.11%
TTMI	D	0.16%	0.28%	0.16%
TWI	F	0.03%	0.06%	0.03%
UCB	D	0.29%	0.5%	0.29%
UCTT	C	0.16%	0.25%	0.16%
UE	C	0.2%	0.16%	0.16%
UFCS	D	0.03%	0.07%	0.03%
UHT	D	0.04%	0.05%	0.04%
UNF	C	0.25%	0.25%	0.25%
UNFI	B	0.1%	0.19%	0.1%
UPBD	F	0.12%	0.09%	0.09%
USNA	F	0.03%	0.06%	0.03%
USPH	F	0.1%	0.08%	0.08%
UTL	D	0.08%	0.08%	0.08%
UVV	D	0.11%	0.19%	0.11%
VBTX	C	0.11%	0.2%	0.11%
VFC	B	0.58%	0.98%	0.58%
VIAV	C	0.17%	0.3%	0.17%
VICR	C	0.08%	0.07%	0.07%
VIRT	B	0.22%	0.37%	0.22%
VRTS	D	0.12%	0.08%	0.08%
VSAT	F	0.07%	0.15%	0.07%
VSCO	C	0.17%	0.29%	0.17%
VSTO	A	0.19%	0.34%	0.19%
VSTS	D	0.15%	0.12%	0.12%
VTLE	F	0.08%	0.06%	0.06%
VTOL	D	0.08%	0.13%	0.08%
WABC	F	0.11%	0.07%	0.07%
WAFD	D	0.19%	0.0%	0.0%
WD	C	0.31%	0.3%	0.3%
WERN	D	0.19%	0.34%	0.19%
WGO	F	0.15%	0.11%	0.11%
WHD	A	0.37%	0.23%	0.23%
WKC	B	0.15%	0.27%	0.15%
WNC	F	0.07%	0.12%	0.07%
WOR	F	0.11%	0.06%	0.06%
WS	D	0.09%	0.05%	0.05%
WSFS	D	0.26%	0.24%	0.24%
WSR	C	0.05%	0.05%	0.05%
WWW	B	0.12%	0.2%	0.12%
XHR	B	0.13%	0.09%	0.09%
XNCR	D	0.08%	0.09%	0.08%
XRX	D	0.11%	0.17%	0.11%

QVMS Overweight 127 Positions Relative to IJS

Symbol	Grade	Weight
MLI	C	0.71%
CRS	B	0.68%
ATI	C	0.67%
SPSC	D	0.6%
MTH	C	0.59%
GKOS	C	0.56%
BMI	A	0.54%
AVAV	B	0.51%
AWI	B	0.49%
FSS	D	0.49%
MOG.A	C	0.48%
SM	C	0.48%
BCC	B	0.48%
IBP	C	0.48%
GPI	D	0.43%
MGY	A	0.42%
MATX	C	0.4%
RDNT	C	0.39%
MHO	C	0.38%
MARA	F	0.37%
SIG	B	0.37%
FELE	B	0.36%
ITGR	B	0.36%
VRRM	D	0.36%
BOOT	C	0.36%
TDW	F	0.35%
AEO	D	0.35%
NOG	C	0.34%
KTB	C	0.33%
SHAK	B	0.33%
FORM	D	0.32%
HCC	B	0.31%
FTDR	C	0.3%
GMS	B	0.3%
CRC	B	0.3%
IDCC	A	0.3%
SKT	A	0.29%
CALM	A	0.29%
OTTR	F	0.29%
WDFC	D	0.29%
FBP	D	0.29%
AROC	B	0.28%
SHOO	C	0.28%
ACLS	F	0.28%
APLE	B	0.28%
CVCO	C	0.27%
AMR	D	0.27%
LBRT	C	0.27%
LRN	D	0.27%
OII	C	0.26%
ESE	C	0.26%
CEIX	B	0.25%
TBBK	A	0.25%
CCOI	B	0.25%
CRVL	D	0.24%
PATK	B	0.24%
PRGS	B	0.23%
ALRM	F	0.23%
ATGE	D	0.23%
AZZ	B	0.22%
PLMR	C	0.22%
CNK	D	0.22%
JJSF	D	0.22%
HWKN	B	0.21%
MTRN	F	0.2%
IPAR	D	0.2%
VCEL	F	0.2%
ASTH	B	0.2%
ARCB	F	0.2%
POWL	B	0.19%
CPRX	C	0.19%
UFPT	D	0.19%
GSHD	C	0.19%
AGYS	D	0.19%
CARG	C	0.19%
OSIS	C	0.19%
YELP	C	0.19%
URBN	F	0.18%
SHO	D	0.18%
ROCK	C	0.18%
EVTC	D	0.18%
SXI	B	0.18%
GRBK	C	0.17%
JOE	D	0.17%
OFG	D	0.17%
VECO	F	0.17%
PRG	C	0.17%
HLX	C	0.16%
PRVA	F	0.16%
CNMD	F	0.16%
DRH	C	0.16%
NEO	F	0.15%
LMAT	C	0.15%
MYRG	D	0.15%
TNC	F	0.15%
ALG	F	0.15%
TRIP	F	0.14%
TFIN	F	0.14%
CASH	C	0.14%
DFIN	D	0.13%
RAMP	F	0.13%
CUBI	F	0.11%
LPG	F	0.11%
SPNT	D	0.11%
COLL	B	0.11%
PARR	F	0.1%
PLAY	D	0.09%
ARLO	F	0.09%
OXM	F	0.09%
WT	D	0.09%
EXPI	C	0.08%
CARS	F	0.08%
RWT	C	0.08%
ANIP	F	0.08%
MCRI	C	0.08%
PFBC	C	0.08%
EFC	D	0.08%
HCI	D	0.07%
VVI	B	0.07%
XPEL	D	0.07%
SHEN	F	0.06%
REX	C	0.06%
GES	F	0.05%
RES	B	0.05%
LQDT	D	0.04%
AMBC	F	0.04%
WRLD	F	0.03%

QVMS Underweight 63 Positions Relative to IJS

Symbol	Grade	Weight
BBWI	F	-1.03%
LUMN	C	-1.01%
RUN	D	-0.58%
ETSY	F	-0.5%
ZWS	A	-0.44%
QDEL	D	-0.38%
TGNA	C	-0.38%
MBC	C	-0.35%
ZD	D	-0.32%
WLY	A	-0.3%
NATL	C	-0.3%
BANC	D	-0.29%
VYX	D	-0.29%
ADNT	D	-0.29%
OMCL	C	-0.29%
BOX	C	-0.27%
LEG	D	-0.27%
SMTC	C	-0.26%
INSP	C	-0.23%
TNDM	D	-0.22%
PI	A	-0.22%
HELE	D	-0.21%
OUT	C	-0.21%
NGVT	D	-0.2%
KW	C	-0.19%
MP	B	-0.19%
STEL	D	-0.18%
VGR	B	-0.17%
CURB	F	-0.17%
SAFE	D	-0.17%
FOXF	F	-0.16%
ECPG	F	-0.16%
DOCN	B	-0.16%
TGI	F	-0.15%
PRFT	A	-0.15%
PZZA	D	-0.14%
YOU	C	-0.14%
VRE	C	-0.13%
NARI	F	-0.13%
ADEA	D	-0.12%
EMBC	F	-0.12%
SEDG	F	-0.11%
EXTR	C	-0.11%
UNIT	B	-0.1%
SABR	C	-0.1%
FWRD	C	-0.1%
VIR	F	-0.1%
WOLF	F	-0.09%
SGH	C	-0.09%
INVX	F	-0.08%
LESL	F	-0.08%
SDGR	F	-0.07%
MXL	D	-0.06%
SITC	D	-0.06%
ARR	D	-0.05%
CENT	F	-0.05%
CNSL	A	-0.05%
IRWD	F	-0.04%
TTGT	F	-0.04%
BSIG	D	-0.04%
MERC	C	-0.0%
NUS	F	-0.0%
PBI	D	-0.0%