QVMS vs. SQLV ETF Comparison

Comparison of Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS) to Legg Mason Small-Cap Quality Value ETF (SQLV)

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

SQLV

Legg Mason Small-Cap Quality Value ETF

SQLV Description

The investment seeks to track the investment results of the RARE Global Infrastructure Index (the "underlying index"). The fund will invest at least 80% of its net assets, plus borrowings for investment purposes, if any, in securities that compose its underlying index. The underlying index is composed of equity securities in developed and developing markets that are included in the MSCI ACWI All Cap Index. Companies in the MSCI ACWI All Cap Index are screened to include only companies within the Global Industry Classification Standard (GICS) sub-industries and are classified into infrastructure sectors.

Grade (RS Rating)

Last Trade

$45.07

Average Daily Volume

771

Number of Holdings ^*

257

* may have additional holdings in another (foreign) market

Performance

Period	QVMS	SQLV
30 Days	9.42%	8.72%
60 Days	8.13%	8.14%
90 Days	8.38%	8.02%
12 Months	32.90%	22.85%

98 Overlapping Holdings

Symbol	Grade	Weight in QVMS	Weight in SQLV	Overlap
ADUS	D	0.17%	0.46%	0.17%
AMR	C	0.26%	0.61%	0.26%
ANDE	D	0.13%	0.55%	0.13%
ANIP	F	0.08%	0.25%	0.08%
APAM	B	0.26%	0.66%	0.26%
ARCH	B	0.25%	0.23%	0.23%
ASO	F	0.28%	0.53%	0.28%
ASTH	D	0.13%	0.41%	0.13%
ATEN	B	0.09%	0.34%	0.09%
AVNS	F	0.07%	0.38%	0.07%
AX	A	0.35%	0.75%	0.35%
BFH	B	0.26%	1.13%	0.26%
BHE	B	0.14%	0.42%	0.14%
BKE	B	0.11%	0.74%	0.11%
BTU	B	0.24%	0.7%	0.24%
CALM	A	0.29%	0.9%	0.29%
CATY	B	0.3%	0.76%	0.3%
CEIX	A	0.28%	0.83%	0.28%
CNMD	C	0.17%	0.13%	0.13%
CNS	B	0.2%	0.22%	0.2%
CNXN	C	0.06%	0.49%	0.06%
COHU	C	0.1%	0.31%	0.1%
COLL	F	0.08%	0.28%	0.08%
CORT	B	0.38%	0.82%	0.38%
CPRX	C	0.19%	0.4%	0.19%
CRVL	A	0.25%	0.27%	0.25%
CTKB	C	0.05%	0.25%	0.05%
CTS	C	0.14%	0.44%	0.14%
CVI	F	0.05%	0.43%	0.05%
DFIN	D	0.12%	0.33%	0.12%
DXC	B	0.29%	0.77%	0.29%
FDP	B	0.09%	0.74%	0.09%
GIII	D	0.08%	0.48%	0.08%
HAFC	A	0.06%	0.66%	0.06%
HCI	C	0.06%	0.16%	0.06%
HRMY	D	0.08%	0.4%	0.08%
HSII	B	0.07%	0.17%	0.07%
HSTM	B	0.06%	0.34%	0.06%
HTZ	C	0.05%	0.18%	0.05%
HUBG	A	0.25%	0.55%	0.25%
HWKN	B	0.2%	0.14%	0.14%
IART	C	0.14%	0.31%	0.14%
ICUI	D	0.26%	0.23%	0.23%
IDCC	A	0.36%	0.78%	0.36%
IIIN	C	0.05%	0.21%	0.05%
INVA	D	0.08%	0.53%	0.08%
IOSP	B	0.25%	0.45%	0.25%
ITGR	B	0.36%	0.49%	0.36%
JBSS	D	0.06%	0.33%	0.06%
KFY	B	0.32%	0.63%	0.32%
LGND	B	0.15%	0.55%	0.15%
LMAT	A	0.16%	0.46%	0.16%
LQDT	B	0.04%	0.37%	0.04%
LRN	A	0.32%	0.71%	0.32%
MCRI	A	0.08%	0.47%	0.08%
MD	B	0.09%	0.66%	0.09%
MTUS	C	0.05%	0.22%	0.05%
NMIH	D	0.24%	0.59%	0.24%
NPK	B	0.03%	0.36%	0.03%
NTCT	C	0.14%	0.42%	0.14%
NX	C	0.11%	0.33%	0.11%
ODP	F	0.07%	0.26%	0.07%
OMI	F	0.07%	0.29%	0.07%
PAHC	C	0.04%	0.55%	0.04%
PARR	D	0.09%	0.24%	0.09%
PAYO	A	0.21%	0.81%	0.21%
PBH	A	0.33%	0.49%	0.33%
PCRX	C	0.07%	0.2%	0.07%
PFBC	B	0.09%	0.52%	0.09%
PLAB	C	0.14%	0.33%	0.14%
PLUS	F	0.18%	0.46%	0.18%
PLXS	B	0.33%	0.27%	0.27%
POWL	C	0.22%	0.75%	0.22%
PRDO	B	0.14%	0.55%	0.14%
PRG	C	0.17%	0.65%	0.17%
PRGS	A	0.22%	0.52%	0.22%
PUMP	B	0.05%	0.27%	0.05%
RES	D	0.04%	0.33%	0.04%
REX	D	0.06%	0.35%	0.06%
ROCK	C	0.17%	0.37%	0.17%
SANM	B	0.34%	0.69%	0.34%
SCSC	B	0.11%	0.15%	0.11%
SKYW	B	0.35%	0.67%	0.35%
SLVM	B	0.24%	0.75%	0.24%
SSTK	F	0.06%	0.2%	0.06%
STAA	F	0.11%	0.2%	0.11%
STBA	B	0.13%	0.17%	0.13%
SUPN	C	0.17%	0.43%	0.17%
THRY	F	0.03%	0.12%	0.03%
TWI	F	0.03%	0.14%	0.03%
USNA	C	0.04%	0.29%	0.04%
WHD	B	0.36%	0.62%	0.36%
WKC	D	0.13%	0.37%	0.13%
WNC	C	0.07%	0.29%	0.07%
WOR	F	0.1%	0.37%	0.1%
WRLD	C	0.03%	0.27%	0.03%
WS	B	0.11%	0.53%	0.11%
YELP	C	0.19%	0.4%	0.19%

QVMS Overweight 425 Positions Relative to SQLV

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%
SFBS	B	0.38%
SLG	B	0.37%
AGO	B	0.37%
ABCB	B	0.36%
FELE	B	0.35%
AEIS	B	0.35%
GTES	A	0.35%
NSIT	F	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%
KRYS	B	0.33%
OGN	D	0.33%
GVA	A	0.33%
FTDR	A	0.33%
NOG	A	0.33%
RUSHA	C	0.32%
CTRE	D	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%
ABM	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%
WD	D	0.29%
WSFS	A	0.29%
MGEE	C	0.29%
SKT	B	0.29%
GEO	B	0.29%
BOOT	D	0.28%
SITM	B	0.28%
PJT	A	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%
HIW	D	0.26%
ATGE	B	0.26%
FORM	D	0.26%
BRC	D	0.26%
GNW	A	0.26%
IAC	D	0.26%
SXT	B	0.26%
CVBF	A	0.25%
SFNC	B	0.25%
TDW	F	0.25%
CCOI	B	0.25%
INDB	B	0.25%
TRN	C	0.25%
CNK	B	0.25%
ALRM	C	0.25%
PENN	C	0.25%
NWL	B	0.25%
BKU	A	0.25%
OII	B	0.25%
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%
AVA	A	0.23%
PRK	B	0.23%
PTEN	C	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%
IIPR	D	0.22%
ABR	C	0.22%
PPBI	B	0.22%
HI	C	0.22%
CARG	C	0.22%
FFBC	A	0.22%
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%
SNEX	B	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%
CCS	D	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%
TTMI	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%
FL	F	0.19%
AKR	B	0.19%
RNST	B	0.19%
ENR	B	0.19%
OSIS	B	0.19%
PHIN	A	0.19%
CXW	B	0.19%
VIAV	B	0.18%
PSMT	C	0.18%
KMT	B	0.18%
KAR	B	0.18%
TFIN	A	0.18%
MPW	F	0.18%
IBTX	B	0.18%
CAKE	C	0.18%
FCPT	C	0.18%
CENTA	C	0.17%
JBLU	F	0.17%
GBX	A	0.17%
STRA	C	0.17%
OFG	B	0.17%
LGIH	D	0.17%
ROIC	A	0.17%
SATS	D	0.17%
AIR	B	0.17%
MRCY	B	0.17%
MCY	A	0.17%
PTGX	C	0.17%
EVTC	B	0.17%
URBN	C	0.17%
NEO	C	0.16%
STC	B	0.16%
KSS	F	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%
FTRE	D	0.15%
FCF	A	0.15%
LKFN	B	0.15%
DRH	B	0.15%
CHCO	B	0.15%
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%
JOE	F	0.14%
WWW	B	0.14%
CALX	D	0.14%
LZB	B	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%
AMWD	C	0.13%
VBTX	B	0.13%
PDCO	D	0.13%
TRIP	F	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%
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%
KALU	C	0.11%
USPH	B	0.11%
NAVI	C	0.11%
GNL	F	0.11%
SPNT	A	0.11%
LNN	B	0.11%
ELME	D	0.11%
SBH	C	0.11%
HLIT	D	0.11%
DEA	D	0.1%
JBGS	D	0.1%
VICR	B	0.1%
BLMN	F	0.1%
DGII	B	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%
BHLB	B	0.1%
UVV	B	0.1%
EIG	B	0.1%
AAT	B	0.1%
ALEX	C	0.1%
SNDR	B	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%
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%
CENX	B	0.09%
ARI	C	0.09%
NVEE	F	0.09%
DCOM	A	0.09%
CERT	F	0.09%
PLAY	D	0.09%
PRLB	A	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%
LPG	F	0.08%
KLG	C	0.08%
VTLE	C	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%
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%
HCSG	C	0.07%
BJRI	B	0.07%
EGBN	B	0.07%
PRA	C	0.07%
BDN	C	0.07%
ASTE	B	0.07%
RWT	D	0.07%
MNRO	D	0.07%
HFWA	B	0.07%
XPEL	C	0.07%
UTL	B	0.07%
EXPI	C	0.07%
GDEN	B	0.06%
TRST	A	0.06%
AHH	D	0.06%
AHCO	F	0.06%
NBR	C	0.06%
HAYN	C	0.06%
NABL	F	0.06%
MCW	B	0.06%
MATW	C	0.06%
GPRE	F	0.06%
AXL	C	0.06%
AOSL	C	0.06%
MGPI	F	0.06%
RCUS	F	0.06%
ASIX	A	0.06%
VSAT	F	0.05%
HAIN	C	0.05%
CEVA	B	0.05%
HZO	D	0.05%
SMP	B	0.05%
SPTN	D	0.05%
KREF	D	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%
INN	D	0.05%
SWI	B	0.05%
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%
BFS	C	0.04%
SLP	D	0.04%
UHT	D	0.04%
TR	B	0.04%
HPP	F	0.04%
UFCS	B	0.04%
SNCY	C	0.04%
HTLD	B	0.04%
MLAB	D	0.04%
AMBC	C	0.04%
CRSR	C	0.03%
FLGT	F	0.03%

QVMS Underweight 159 Positions Relative to SQLV

Symbol	Grade	Weight
VCTR	B	-0.82%
CAR	C	-0.78%
EBC	B	-0.77%
TGNA	B	-0.75%
IBOC	A	-0.74%
AGX	B	-0.72%
STRL	B	-0.71%
CCSI	C	-0.67%
ALE	A	-0.65%
PBF	D	-0.65%
FHI	A	-0.63%
WTTR	B	-0.6%
LE	D	-0.59%
TDOC	C	-0.56%
OMCL	C	-0.56%
WTFC	A	-0.55%
NECB	B	-0.54%
CRCT	F	-0.54%
SCS	C	-0.52%
NTGR	B	-0.52%
NVST	B	-0.52%
NBN	B	-0.52%
MCB	B	-0.52%
EEFT	B	-0.51%
TEX	D	-0.49%
BXC	B	-0.48%
MBWM	B	-0.48%
TPC	C	-0.48%
FISI	A	-0.47%
CIVB	B	-0.47%
OSBC	A	-0.46%
IRDM	D	-0.46%
UNTY	B	-0.46%
HAE	C	-0.46%
DK	C	-0.46%
THFF	B	-0.45%
BELFB	C	-0.44%
MSBI	B	-0.44%
INSW	F	-0.44%
AMCX	C	-0.43%
RMR	F	-0.43%
EWCZ	F	-0.42%
DAKT	B	-0.42%
RLGT	A	-0.41%
IPGP	D	-0.41%
DHIL	A	-0.4%
ZD	C	-0.4%
EBF	F	-0.39%
DVAX	C	-0.39%
PKBK	A	-0.39%
EVBN	B	-0.39%
ATKR	C	-0.38%
VCYT	B	-0.38%
VSH	D	-0.38%
WU	D	-0.37%
TH	C	-0.37%
AMPH	D	-0.37%
METC	C	-0.37%
RNGR	B	-0.37%
HCKT	B	-0.37%
ARRY	C	-0.36%
OLPX	D	-0.36%
SGC	C	-0.35%
TDC	D	-0.34%
BSIG	A	-0.34%
ACIC	B	-0.33%
KFRC	D	-0.33%
CRI	D	-0.33%
PLPC	B	-0.33%
CVEO	F	-0.32%
EMBC	C	-0.32%
FOR	F	-0.32%
SMLR	B	-0.31%
GNE	D	-0.31%
LGTY	D	-0.3%
MPX	B	-0.3%
MRVI	F	-0.3%
MCFT	B	-0.3%
RYI	C	-0.3%
IRMD	C	-0.3%
IMXI	B	-0.3%
FLWS	F	-0.3%
SPOK	C	-0.29%
ACCO	C	-0.29%
KRT	A	-0.29%
CHGG	D	-0.29%
CASS	B	-0.29%
JELD	F	-0.28%
SIGA	F	-0.28%
HBB	F	-0.28%
VREX	C	-0.27%
EE	A	-0.27%
CLW	F	-0.26%
NVEC	C	-0.26%
NATR	C	-0.26%
WINA	B	-0.26%
ZIP	F	-0.26%
PFC	A	-0.25%
BTMD	C	-0.25%
GIC	D	-0.25%
PKE	B	-0.25%
UTMD	F	-0.24%
MNSB	C	-0.24%
HOFT	C	-0.24%
RGP	F	-0.24%
TZOO	A	-0.24%
MED	F	-0.24%
ZEUS	C	-0.24%
TCMD	A	-0.23%
CCRN	F	-0.23%
EVC	C	-0.22%
JILL	C	-0.22%
PBYI	C	-0.21%
PETS	C	-0.21%
MPAA	C	-0.21%
LCUT	F	-0.21%
CMT	D	-0.2%
MDXG	B	-0.2%
DBRG	F	-0.2%
VRA	F	-0.2%
OFLX	D	-0.2%
ASRT	F	-0.2%
RCMT	C	-0.19%
LFVN	B	-0.19%
MYPS	C	-0.19%
HBCP	B	-0.19%
UVE	B	-0.19%
MITK	C	-0.19%
IRWD	F	-0.18%
VIRC	B	-0.18%
INTT	C	-0.18%
ZYXI	D	-0.18%
TGTX	B	-0.18%
VPG	D	-0.17%
JAKK	C	-0.17%
RCKY	F	-0.17%
OSUR	F	-0.16%
ACDC	C	-0.16%
BBW	B	-0.16%
MGNI	A	-0.16%
LXU	B	-0.16%
ANGO	D	-0.15%
ANIK	F	-0.15%
EXTR	B	-0.15%
DXLG	F	-0.15%
NRC	F	-0.15%
CCRD	A	-0.15%
CSPI	C	-0.14%
BOX	B	-0.14%
BLBD	D	-0.13%
IMMR	C	-0.13%
SD	D	-0.13%
POWW	F	-0.13%
CVGI	F	-0.12%
PAYS	F	-0.12%
YOU	D	-0.12%
LTRX	F	-0.11%
SURG	D	-0.1%
IPW	F	-0.06%