SMIZ vs. QOWZ ETF Comparison

Comparison of Zacks Small/Mid Cap ETF (SMIZ) to Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ)

SMIZ

Zacks Small/Mid Cap ETF

SMIZ Description

The fund seeks to generate positive risk-adjusted returns (positive rate of return after adjustment for the amount of risk taken) by, under normal circumstances, investing at least 80% of its net assets (including any borrowings for investment purposes) in equity securities of small and midsize companies listed on U.S. stock exchanges or derivatives linked to such securities.

Grade (RS Rating)

Last Trade

$35.32

Average Daily Volume

14,348

Number of Holdings ^*

189

* may have additional holdings in another (foreign) market

QOWZ

Invesco Nasdaq Free Cash Flow Achievers ETF

QOWZ Description

The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, Nasdaq, Inc. compiles, maintains and calculates the underlying index, which is designed to track the performance of U.S.-listed companies with continuous and stable growth in free cash flow. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.40

Average Daily Volume

2,132

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMIZ	QOWZ
30 Days	5.64%	4.68%
60 Days	11.06%	9.27%
90 Days	13.55%	10.37%
12 Months	37.01%

6 Overlapping Holdings

Symbol	Grade	Weight in SMIZ	Weight in QOWZ	Overlap
APH	B	0.54%	2.17%	0.54%
AYI	B	0.71%	0.97%	0.71%
FTNT	B	0.35%	1.86%	0.35%
QLYS	B	0.34%	0.64%	0.34%
RMBS	B	0.72%	0.72%	0.72%
WTS	B	0.59%	0.68%	0.59%

SMIZ Overweight 183 Positions Relative to QOWZ

Symbol	Grade	Weight
EME	B	1.73%
BRBR	A	1.19%
PRA	B	1.12%
MCY	B	1.06%
PODD	B	1.05%
ADMA	B	1.05%
NTRS	A	1.04%
ENR	B	1.01%
SLVM	C	1.01%
CBSH	A	0.96%
SNV	B	0.96%
COFS	B	0.95%
MUSA	B	0.94%
KW	C	0.92%
FISI	B	0.92%
ANET	C	0.91%
NTAP	D	0.9%
DDOG	B	0.9%
FULT	B	0.89%
RYAN	A	0.88%
FLS	B	0.86%
LRN	B	0.84%
MCK	A	0.84%
LNG	B	0.84%
TROW	B	0.81%
NPAB	F	0.8%
GWRE	A	0.79%
PRM	C	0.79%
ALX	D	0.79%
WMB	B	0.78%
ICUI	D	0.76%
CBAN	B	0.76%
TOL	C	0.76%
NRIM	A	0.74%
AXTA	A	0.73%
MEDP	C	0.71%
TMHC	C	0.71%
PK	B	0.69%
IBKR	A	0.69%
HHH	B	0.69%
CEG	D	0.68%
ZUO	B	0.68%
NI	A	0.67%
CHCO	B	0.65%
RCL	A	0.65%
BMI	B	0.65%
YEXT	A	0.64%
BSRR	B	0.63%
IR	A	0.62%
SOFI	B	0.62%
VMI	B	0.61%
CINF	A	0.61%
OHI	C	0.6%
FIX	B	0.6%
TTWO	A	0.59%
VECO	F	0.58%
GLW	C	0.57%
HQY	B	0.57%
HUBB	B	0.57%
HIG	C	0.57%
VST	B	0.57%
TWLO	A	0.57%
BMRC	B	0.57%
NCLH	B	0.56%
ALRS	C	0.55%
JHG	B	0.55%
ARVN	D	0.55%
EIX	C	0.54%
KREF	D	0.54%
MATX	A	0.54%
ANF	D	0.54%
UAL	B	0.53%
PHM	D	0.51%
ICFI	C	0.5%
LDOS	B	0.5%
WING	D	0.5%
ALTR	C	0.5%
MASI	B	0.49%
IRDM	C	0.49%
UNM	A	0.49%
COIN	B	0.49%
ZBRA	A	0.49%
FLR	C	0.48%
PRI	A	0.48%
BAH	C	0.47%
WEAV	B	0.47%
CMTG	D	0.46%
SPT	C	0.46%
ALKS	B	0.46%
RMD	C	0.45%
SIRI	D	0.44%
JANX	C	0.44%
MHO	D	0.44%
CHRW	A	0.43%
UIS	B	0.43%
NWPX	B	0.43%
TAP	B	0.43%
ITT	A	0.43%
WAB	A	0.43%
DUOL	B	0.42%
TXT	C	0.41%
HCAT	B	0.41%
CSL	B	0.4%
GTLB	B	0.4%
POWL	B	0.4%
BTU	B	0.39%
TSN	C	0.38%
EXPD	D	0.38%
ILMN	C	0.38%
CARG	B	0.38%
KRYS	B	0.38%
AGNC	C	0.37%
APPF	B	0.37%
SPSC	D	0.36%
KBH	D	0.36%
THC	B	0.36%
DRI	B	0.36%
HY	F	0.36%
VCYT	B	0.36%
CRS	B	0.36%
HOLX	D	0.36%
GAP	B	0.35%
URBN	C	0.35%
AOSL	F	0.35%
OKTA	C	0.34%
GRBK	D	0.34%
KKR	B	0.34%
CBOE	D	0.33%
DOCU	B	0.33%
ROST	F	0.32%
UI	B	0.32%
RDFN	D	0.32%
ACGL	D	0.32%
OMC	B	0.32%
RIOT	B	0.31%
HAE	B	0.31%
LHX	A	0.3%
HSTM	A	0.3%
CCS	F	0.3%
COOP	B	0.29%
ALLO	D	0.29%
UHS	D	0.28%
FSLY	D	0.28%
RBB	B	0.28%
HRB	D	0.27%
MGM	D	0.27%
PCVX	D	0.26%
WMS	F	0.26%
EPC	F	0.26%
MTG	C	0.26%
EVTC	C	0.25%
GNTY	B	0.24%
AZEK	B	0.24%
INSP	F	0.24%
WASH	B	0.23%
NYT	C	0.23%
EVER	D	0.23%
IRM	D	0.22%
KMPR	A	0.22%
ZM	B	0.22%
OPCH	F	0.21%
BRO	A	0.21%
PARR	F	0.21%
AIZ	A	0.21%
SN	C	0.2%
HL	D	0.2%
CPF	B	0.19%
POST	D	0.19%
PHR	D	0.19%
TMDX	F	0.19%
EXAS	F	0.19%
STNE	F	0.19%
AXS	A	0.17%
DFH	F	0.17%
CWCO	D	0.16%
BMRN	F	0.16%
AFL	C	0.14%
AEO	F	0.13%
STKS	F	0.12%
COUR	F	0.12%
HRTX	F	0.09%
RUN	F	0.08%
SPCE	D	0.04%

SMIZ Underweight 44 Positions Relative to QOWZ

Symbol	Grade	Weight
NVDA	B	-11.19%
META	B	-7.03%
AVGO	C	-5.76%
UNH	B	-4.51%
MA	B	-4.5%
CRM	B	-3.91%
NOW	A	-3.31%
TMO	F	-3.0%
ADBE	C	-2.88%
INTU	A	-2.86%
ADP	A	-2.54%
CDNS	B	-2.18%
CTAS	A	-2.18%
MAR	A	-2.13%
COF	B	-2.03%
KLAC	F	-1.95%
KMI	B	-1.92%
RSG	A	-1.86%
FICO	B	-1.85%
ROP	A	-1.8%
PAYX	B	-1.78%
FAST	A	-1.76%
MCHP	F	-1.48%
NVR	D	-1.34%
MTD	F	-1.34%
WST	B	-1.27%
PTC	B	-1.27%
TDY	A	-1.24%
ROL	B	-1.22%
WBD	B	-1.2%
MKC	D	-1.15%
OC	A	-1.1%
VRSN	C	-1.08%
MANH	C	-1.07%
POOL	D	-1.03%
BECN	B	-0.71%
THO	B	-0.69%
LFUS	D	-0.67%
CVCO	B	-0.61%
PRGS	A	-0.54%
TTGT	B	-0.31%
RDUS	C	-0.25%
SLP	D	-0.23%
DLHC	F	-0.12%