SPVM vs. DVOL ETF Comparison

Comparison of Invesco S&P 500 Value with Momentum ETF (SPVM) to First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL)

SPVM

Invesco S&P 500 Value with Momentum ETF

SPVM Description

The investment seeks to track the investment results (before fees and expenses) of the S&P 500 High Momentum Value 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 100 stocks in the S&P 500® that have the highest value and momentum scores.

Grade (RS Rating)

Last Trade

$58.69

Average Daily Volume

3,161

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DVOL

First Trust Dorsey Wright Momentum & Low Volatility ETF

DVOL Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Dorsey Wright Momentum Plus Low Volatility Index (the "index"). Under normal conditions, the fund will invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the index. The index is a rules-based equity index designed to track the overall performance of the 50 stocks comprising the NASDAQ US Large Mid Index that exhibit the lowest levels of volatility while still maintaining high levels of "relative strength." The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.01

Average Daily Volume

5,848

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPVM	DVOL
30 Days	4.99%	3.67%
60 Days	4.61%	6.81%
90 Days	8.13%	7.80%
12 Months	22.22%	28.98%

9 Overlapping Holdings

Symbol	Grade	Weight in SPVM	Weight in DVOL	Overlap
AFL	C	1.13%	2.31%	1.13%
AIG	D	1.22%	2.41%	1.22%
GS	C	0.85%	1.21%	0.85%
JPM	D	0.89%	2.67%	0.89%
MCK	F	0.87%	2.12%	0.87%
OKE	B	0.67%	2.35%	0.67%
TRV	C	1.01%	2.4%	1.01%
WFC	D	0.92%	0.9%	0.9%
WMT	C	0.74%	2.84%	0.74%

SPVM Overweight 89 Positions Relative to DVOL

Symbol	Grade	Weight
GM	C	2.08%
BG	D	1.77%
VLO	F	1.61%
CINF	B	1.54%
KR	C	1.46%
MTB	B	1.46%
MPC	F	1.45%
L	C	1.43%
PSX	F	1.42%
SYF	C	1.42%
DHI	B	1.39%
STT	A	1.31%
BBY	C	1.3%
AIZ	B	1.3%
COF	B	1.3%
LEN	B	1.27%
DAL	C	1.27%
PHM	B	1.21%
HBAN	B	1.2%
FDX	C	1.19%
ACGL	C	1.19%
UHS	B	1.19%
MOH	D	1.18%
BK	B	1.15%
HIG	B	1.15%
HPE	D	1.14%
KEY	B	1.14%
CI	C	1.13%
USB	B	1.11%
PNC	B	1.1%
JBL	D	1.08%
PRU	C	1.08%
FITB	B	1.08%
VTRS	D	1.06%
BALL	C	1.05%
BRK.A	C	1.05%
C	C	1.05%
NRG	C	1.02%
HII	D	1.02%
CB	B	1.01%
STLD	F	1.01%
VZ	B	1.0%
NUE	F	1.0%
MET	B	1.0%
BAC	D	0.98%
CAH	C	0.98%
CBRE	A	0.95%
LYB	D	0.94%
BLDR	C	0.91%
ATO	B	0.9%
CE	F	0.9%
MRO	C	0.9%
SW	B	0.89%
ALL	B	0.88%
ELV	C	0.88%
KMI	B	0.88%
EMN	B	0.88%
EMR	D	0.88%
EBAY	B	0.85%
EOG	D	0.85%
CTSH	C	0.85%
OMC	B	0.84%
XOM	C	0.84%
WRB	C	0.83%
BKR	C	0.81%
SWK	B	0.79%
DGX	B	0.76%
IP	B	0.76%
TXT	D	0.76%
DUK	C	0.75%
BXP	B	0.74%
PCAR	D	0.74%
FANG	D	0.73%
RJF	C	0.73%
J	C	0.71%
HST	C	0.7%
SNA	C	0.7%
CMI	C	0.68%
DVA	B	0.67%
COP	D	0.67%
DOW	D	0.66%
CCL	C	0.66%
NCLH	C	0.66%
PEG	B	0.64%
HAL	F	0.64%
EQT	D	0.63%
SWKS	D	0.62%
CTRA	D	0.62%
TEL	D	0.6%

SPVM Underweight 39 Positions Relative to DVOL

Symbol	Grade	Weight
RSG	D	-3.44%
V	C	-3.3%
MMC	C	-3.2%
MA	B	-3.11%
LIN	B	-2.87%
TJX	B	-2.86%
MSI	B	-2.85%
CW	B	-2.81%
REGN	C	-2.73%
BRO	C	-2.73%
CTAS	B	-2.58%
AMP	A	-2.53%
OTIS	C	-2.53%
COST	B	-2.48%
CACI	B	-2.42%
WELL	C	-2.04%
HLT	B	-1.95%
RGA	C	-1.86%
WAB	B	-1.8%
ENSG	B	-1.64%
GWW	B	-1.62%
MAR	C	-1.56%
PKG	B	-1.44%
PTC	D	-1.38%
MSFT	C	-1.38%
TDG	B	-1.31%
AOS	D	-1.28%
CPRT	D	-1.28%
AXP	B	-1.27%
HLI	B	-1.22%
TRGP	B	-1.2%
SF	A	-1.17%
SPG	B	-1.15%
TW	B	-1.11%
USFD	B	-1.08%
AAPL	C	-0.94%
ITT	B	-0.94%
IR	C	-0.88%
TXRH	C	-0.85%