SPGP vs. QVAL ETF Comparison

Comparison of Invesco S&P 500 GARP ETF (SPGP) to ValueShares U.S. Quantitative Value ETF (QVAL)

SPGP

Invesco S&P 500 GARP ETF

SPGP Description

The investment seeks to track the investment results (before fees and expenses) of the S&P 500 GARP Index (the "underlying index"). 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, the index provider compiles, maintains and calculates the underlying index, which is designed to track the performance of approximately 75 growth stocks in the S&P 500 that exhibit quality characteristics and have attractive valuation.

Grade (RS Rating)

Last Trade

$106.53

Average Daily Volume

265,054

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QVAL

ValueShares U.S. Quantitative Value ETF

QVAL Description

The investment seeks long-term capital appreciation. The fund is an actively managed ETF. Under normal circumstances, it seeks to achieve its investment objective by investing primarily in U.S. equity securities that the Adviser believes, based on quantitative analysis, are undervalued at the time of purchase and have the potential for capital appreciation. The fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in securities of U.S. companies. It will invest primarily in the exchange-listed common stock of U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$46.19

Average Daily Volume

20,293

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPGP	QVAL
30 Days	5.80%	6.15%
60 Days	10.97%	10.48%
90 Days	4.85%	9.67%
12 Months	21.58%	33.39%

11 Overlapping Holdings

Symbol	Grade	Weight in SPGP	Weight in QVAL	Overlap
CAT	A	1.41%	2.14%	1.41%
DAL	C	1.9%	2.37%	1.9%
DVN	F	1.02%	1.69%	1.02%
HAL	D	0.85%	1.8%	0.85%
JBL	C	1.54%	2.18%	1.54%
LEN	C	1.15%	2.01%	1.15%
MOH	F	1.21%	1.89%	1.21%
MPC	D	2.01%	1.79%	1.79%
PCAR	D	1.19%	2.0%	1.19%
TPR	B	1.16%	2.22%	1.16%
ULTA	D	1.71%	2.21%	1.71%

SPGP Overweight 63 Positions Relative to QVAL

Symbol	Grade	Weight
EOG	B	2.29%
NVDA	B	2.12%
ANET	A	2.11%
UAL	A	2.04%
VLO	F	2.03%
STLD	C	2.02%
TJX	D	2.01%
COP	D	1.97%
ROST	D	1.85%
MRO	B	1.84%
BLDR	C	1.72%
NUE	D	1.71%
CF	A	1.58%
CVX	B	1.57%
DHI	C	1.56%
PSX	D	1.55%
FANG	D	1.54%
GPC	D	1.52%
XOM	A	1.51%
PAYC	D	1.5%
OKE	A	1.5%
DFS	A	1.5%
DE	C	1.49%
NXPI	F	1.44%
ACGL	A	1.38%
PANW	B	1.38%
PHM	C	1.38%
CTRA	D	1.35%
SYY	D	1.35%
APA	F	1.33%
LULU	D	1.29%
IT	A	1.29%
SYF	A	1.29%
KLAC	B	1.27%
ON	F	1.21%
MA	A	1.15%
L	C	1.14%
COF	A	1.14%
BRK.A	B	1.13%
EG	A	1.12%
META	A	1.1%
CE	D	1.09%
GWW	B	1.05%
WRB	C	1.05%
MOS	F	1.05%
GOOG	B	1.03%
CB	A	1.02%
DECK	B	1.02%
ODFL	F	1.0%
INCY	B	1.0%
AMP	A	0.99%
CPRT	B	0.96%
AAPL	C	0.91%
LRCX	D	0.89%
V	B	0.87%
OXY	D	0.87%
ADM	F	0.84%
VRTX	D	0.83%
AMAT	C	0.83%
HPE	B	0.81%
MCHP	F	0.8%
MLM	F	0.79%
LW	D	0.64%

SPGP Underweight 39 Positions Relative to QVAL

Symbol	Grade	Weight
POWL	B	-2.59%
SIG	C	-2.33%
FCX	B	-2.27%
WSM	C	-2.25%
UFPI	C	-2.11%
ASO	D	-2.09%
CVS	D	-2.08%
CMCSA	B	-2.05%
URBN	F	-2.05%
T	B	-2.05%
WCC	D	-2.04%
ALSN	A	-2.04%
KBH	D	-2.02%
OC	C	-2.02%
BKR	B	-2.0%
OMC	C	-1.99%
SNA	C	-1.98%
CEIX	B	-1.98%
FOXA	B	-1.98%
SKX	B	-1.97%
CRI	D	-1.96%
ARCH	D	-1.96%
HRB	C	-1.95%
MAT	B	-1.94%
CROX	C	-1.94%
THC	D	-1.93%
GPK	D	-1.93%
CTSH	B	-1.92%
GTES	C	-1.92%
TAP	D	-1.91%
SLB	D	-1.88%
IPG	D	-1.88%
MO	D	-1.84%
ELV	F	-1.83%
TEX	F	-1.83%
LBRT	D	-1.81%
CNC	F	-1.77%
SM	D	-1.71%
WFRD	F	-1.59%