QVMS vs. TXS ETF Comparison

Comparison of Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS) to Texas Capital Texas Equity Index ETF (TXS)
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
TXS

Texas Capital Texas Equity Index ETF

TXS Description TXS tracks an index composed of companies that have significant contributions to the economy of Texas. The fund adviser believes that companies headquartered in Texas enjoy certain economic, regulatory, taxation, workforce and other benefits relative to companies headquartered in other states. Initially, all eligible securities from the investable equity universe that meet certain size and liquidity requirements are selected as index constituents. Component sectors in the index are weighted based on their industry contributions to Texass GDP, as reported for the private sector by the US Bureau of Economic Analysis. Companies within each sector are then weighted based on their market-cap, with a minimum cap of 0.05% and maximum cap of 10% per constituent. The fund does not limit its investment to a certain market-cap bracket. TXS may concentrate its investment in a particular industry or group of industries to the extent that the index is concentrated.

Grade (RS Rating)

Last Trade

$34.00

Average Daily Volume

2,545

Number of Holdings *

197

* may have additional holdings in another (foreign) market
Performance
Period QVMS TXS
30 Days 2.78% 7.55%
60 Days 4.52% 9.41%
90 Days 7.12% 13.21%
12 Months 27.75% 40.22%
54 Overlapping Holdings
Symbol Grade Weight in QVMS Weight in TXS Overlap
ACA A 0.41% 0.07% 0.07%
ADUS D 0.17% 0.62% 0.17%
ALG C 0.16% 0.05% 0.05%
AMN F 0.09% 0.03% 0.03%
AROC A 0.28% 0.05% 0.05%
ASO F 0.28% 0.95% 0.28%
ATI D 0.55% 0.05% 0.05%
AZZ A 0.21% 0.05% 0.05%
CMA B 0.71% 0.3% 0.3%
CNK A 0.25% 0.05% 0.05%
COOP B 0.51% 0.2% 0.2%
CRK A 0.1% 0.06% 0.06%
CVI D 0.05% 0.04% 0.04%
DIOD F 0.22% 0.04% 0.04%
DNOW B 0.13% 0.08% 0.08%
DXPE B 0.08% 0.06% 0.06%
EAT A 0.4% 0.91% 0.4%
EZPW A 0.05% 0.05% 0.05%
GDOT D 0.04% 0.05% 0.04%
GPI B 0.46% 1.58% 0.46%
GRBK D 0.14% 0.12% 0.12%
GSHD A 0.24% 0.09% 0.09%
HLX C 0.14% 0.05% 0.05%
HTH B 0.12% 0.05% 0.05%
IBTX B 0.18% 0.07% 0.07%
INN D 0.05% 0.05% 0.05%
ITGR B 0.36% 0.05% 0.05%
LGIH F 0.17% 0.09% 0.09%
MGY A 0.41% 0.07% 0.07%
NX C 0.11% 0.05% 0.05%
NXRT A 0.08% 0.07% 0.07%
OII B 0.25% 0.05% 0.05%
PARR F 0.09% 0.04% 0.04%
PLAY D 0.09% 0.71% 0.09%
POWL C 0.22% 0.08% 0.08%
PTEN C 0.23% 0.05% 0.05%
PUMP D 0.05% 0.05% 0.05%
RUSHA B 0.32% 1.23% 0.32%
SBH B 0.11% 0.4% 0.11%
SBSI B 0.08% 0.05% 0.05%
STC A 0.16% 0.07% 0.07%
SWI B 0.05% 0.05% 0.05%
TALO C 0.15% 0.05% 0.05%
TDW F 0.25% 0.04% 0.04%
TFIN B 0.18% 0.07% 0.07%
THRY F 0.03% 0.04% 0.03%
TRN B 0.25% 0.05% 0.05%
UPBD C 0.12% 0.05% 0.05%
USPH C 0.11% 0.39% 0.11%
VBTX B 0.13% 0.05% 0.05%
VTOL B 0.08% 0.05% 0.05%
WHD B 0.36% 0.05% 0.05%
WSR A 0.05% 0.05% 0.05%
XPEL C 0.07% 0.14% 0.07%
QVMS Overweight 469 Positions Relative to TXS
Symbol Grade Weight
MLI B 0.84%
CRS A 0.69%
RHI C 0.59%
JXN C 0.58%
GKOS A 0.56%
SPSC F 0.54%
VFC C 0.53%
AWI B 0.53%
MTH D 0.51%
MOG.A B 0.5%
LNC B 0.5%
BMI C 0.5%
AVAV C 0.48%
BCC B 0.47%
FSS B 0.47%
BCPC B 0.47%
ACIW B 0.47%
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 C 0.43%
PIPR B 0.42%
ITRI B 0.42%
SEE D 0.42%
AL B 0.42%
RDN D 0.42%
IBP F 0.4%
ALKS C 0.39%
DY C 0.39%
CORT C 0.38%
SFBS B 0.38%
SLG B 0.37%
AGO A 0.37%
ABCB B 0.36%
IDCC A 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%
KRYS C 0.33%
PBH A 0.33%
OGN F 0.33%
GVA A 0.33%
PLXS B 0.33%
FTDR B 0.33%
NOG A 0.33%
KFY B 0.32%
CTRE C 0.32%
LRN B 0.32%
SEM B 0.32%
TPH D 0.32%
BGC C 0.32%
FULT B 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 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%
CVCO A 0.28%
ESE 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%
CCOI B 0.25%
INDB B 0.25%
IOSP C 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%
NMIH D 0.24%
AWR B 0.24%
SHOO D 0.24%
ENVA 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 B 0.24%
AVA C 0.23%
PRK B 0.23%
PFS B 0.23%
HASI F 0.23%
GFF B 0.23%
CWT C 0.23%
VCEL B 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%
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%
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 A 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 A 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%
MPW F 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%
ROIC A 0.17%
SATS C 0.17%
AIR B 0.17%
MRCY C 0.17%
MCY B 0.17%
SUPN B 0.17%
PTGX D 0.17%
ROCK D 0.17%
EVTC B 0.17%
URBN C 0.17%
NEO C 0.16%
KSS F 0.16%
LMAT A 0.16%
GO C 0.16%
CABO 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 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%
LGND C 0.15%
FTRE D 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%
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%
XHR B 0.13%
LTC B 0.13%
CSGS B 0.13%
CUBI C 0.13%
ANDE F 0.13%
AMWD 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%
UCTT F 0.13%
VRTS B 0.13%
SCL D 0.13%
MYGN F 0.12%
THRM F 0.12%
TILE B 0.12%
DFIN D 0.12%
GTY A 0.12%
PEB F 0.12%
NWN A 0.12%
THS F 0.12%
WABC B 0.12%
CHEF B 0.12%
SJW F 0.12%
SCSC B 0.11%
KALU C 0.11%
NAVI F 0.11%
GNL D 0.11%
BKE A 0.11%
SPNT A 0.11%
LNN B 0.11%
ELME D 0.11%
STAA F 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%
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%
ICHR C 0.09%
FIZZ B 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%
XNCR B 0.09%
CARS C 0.09%
ATEN A 0.09%
CENX A 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%
PRLB C 0.08%
HRMY F 0.08%
MRTN C 0.08%
TMP B 0.08%
MMI B 0.08%
VVI B 0.08%
EFC C 0.08%
PRAA C 0.08%
COLL F 0.08%
ANIP D 0.08%
INVA C 0.08%
LPG F 0.08%
KLG D 0.08%
VTLE C 0.08%
GIII D 0.08%
XRX F 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 D 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 C 0.07%
EGBN B 0.07%
PRA B 0.07%
PCRX C 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%
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 A 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 A 0.05%
HZO F 0.05%
CTKB C 0.05%
MTUS D 0.05%
SMP C 0.05%
SPTN F 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%
MATV F 0.05%
ETD D 0.05%
USNA C 0.04%
RGNX D 0.04%
KELYA F 0.04%
SVC F 0.04%
MYE F 0.04%
BGS F 0.04%
GES F 0.04%
GOGO C 0.04%
PAHC B 0.04%
BFS C 0.04%
SLP F 0.04%
UHT D 0.04%
TR A 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%
QVMS Underweight 143 Positions Relative to TXS
Symbol Grade Weight
TSLA A -5.5%
THC C -4.2%
CRWD B -4.06%
SCHW A -4.06%
DLR A -4.02%
MCK A -3.82%
WM B -3.35%
XOM B -3.28%
CCI C -2.93%
GME C -2.92%
CBRE B -2.56%
LNG A -2.46%
ORCL A -2.37%
TPL A -1.96%
COP B -1.95%
KMI A -1.89%
SYY D -1.88%
DHI D -1.86%
SCI A -1.85%
PWR A -1.84%
WING D -1.64%
TRGP A -1.43%
TYL B -1.31%
T A -1.31%
INVH D -1.23%
EOG A -1.14%
TXN C -1.13%
CAT C -1.09%
J D -0.96%
SLB C -0.92%
VST A -0.84%
CPT C -0.81%
ACM B -0.78%
LUV B -0.69%
FIX A -0.63%
BKR B -0.61%
OXY F -0.51%
FLR B -0.48%
FANG D -0.47%
KBR F -0.42%
CPRT B -0.41%
HAL C -0.39%
ATO A -0.39%
CNP A -0.35%
AAL B -0.33%
PSX C -0.32%
GL C -0.31%
NRG B -0.31%
CRBG B -0.31%
KMB C -0.28%
CFR B -0.27%
CTRA B -0.27%
HHH B -0.27%
KEX B -0.26%
VLO C -0.26%
PB A -0.24%
MRO A -0.23%
STRL A -0.22%
DELL B -0.21%
IESC A -0.2%
TPG A -0.19%
PRIM A -0.16%
HPE B -0.16%
PR B -0.14%
FFIN B -0.14%
AGL F -0.14%
NSP F -0.14%
LII B -0.13%
BLDR D -0.13%
CHRD F -0.12%
RRC B -0.12%
IBOC B -0.12%
APA F -0.12%
OMCL C -0.11%
NTRA A -0.11%
LUNR B -0.1%
MTDR C -0.1%
WFRD F -0.09%
KNTK A -0.09%
AAOI A -0.09%
VCTR B -0.09%
USLM A -0.08%
NTST D -0.08%
RICK C -0.07%
EE A -0.07%
MUR F -0.07%
ANET C -0.07%
FYBR C -0.07%
CSV B -0.07%
DAR B -0.06%
BMBL C -0.06%
OIS C -0.06%
SABR B -0.06%
CSWI A -0.06%
PX A -0.06%
FFWM C -0.06%
MRC B -0.06%
SKWD A -0.06%
FLS A -0.06%
WTTR A -0.06%
GLDD B -0.06%
TH C -0.06%
CRGY A -0.06%
PRO C -0.06%
TTI B -0.06%
QTWO B -0.06%
EXP B -0.06%
SAVA C -0.06%
XPRO F -0.06%
MTCH F -0.06%
UEC A -0.06%
YETI D -0.05%
DINO D -0.05%
CECO C -0.05%
NXST C -0.05%
BIGC C -0.05%
THR B -0.05%
GRNT B -0.05%
HESM A -0.05%
CHX C -0.05%
TASK C -0.05%
CE F -0.05%
CMC B -0.05%
ALKT B -0.05%
APLD B -0.05%
BRY F -0.04%
TSHA D -0.04%
CSTL C -0.04%
VITL F -0.04%
HUN F -0.04%
WLK F -0.04%
SLAB F -0.04%
FOR F -0.04%
EGY F -0.04%
NR C -0.04%
NOV D -0.04%
AESI B -0.04%
LXRX F -0.03%
ETWO F -0.03%
SVRA F -0.03%
CRUS F -0.03%
APPS F -0.02%
NOVA F -0.01%
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