XMVM vs. FOVL ETF Comparison

Comparison of Invesco S&P MidCap Value with Momentum ETF (XMVM) to iShares Focused Value Factor ETF (FOVL)

XMVM

Invesco S&P MidCap Value with Momentum ETF

XMVM Description

The investment seeks to track the investment results (before fees and expenses) of the S&P MidCap 400 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 80 stocks in the S&P MidCap 400® that have the highest “value” and “momentum” scores.

Grade (RS Rating)

Last Trade

$54.64

Average Daily Volume

15,568

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FOVL

iShares Focused Value Factor ETF

FOVL Description

The investment seeks to track the to track the investment results of the Focused Value Select Index, which is an objective, rules-based, equal-weighted equity index provided by FTSE Russell. The underlying index measures the performance of large- and mid-capitalization U.S. companies with prominent value factor characteristics, as determined by Russell. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. It is non-diversified.

Grade (RS Rating)

Last Trade

$67.65

Average Daily Volume

1,886

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XMVM	FOVL
30 Days	-1.83%	2.47%
60 Days	3.41%	9.26%
90 Days	6.50%	13.12%
12 Months	25.28%	42.44%

11 Overlapping Holdings

Symbol	Grade	Weight in XMVM	Weight in FOVL	Overlap
AMG	B	1.17%	2.39%	1.17%
AN	C	1.83%	2.21%	1.83%
FNB	D	1.39%	2.51%	1.39%
JHG	C	1.15%	2.86%	1.15%
ORI	B	1.25%	2.91%	1.25%
PNFP	D	1.39%	3.48%	1.39%
SF	A	0.84%	3.2%	0.84%
THO	B	1.38%	2.16%	1.38%
TOL	A	1.34%	3.89%	1.34%
UNM	A	1.82%	1.75%	1.75%
WBS	D	1.48%	2.5%	1.48%

XMVM Overweight 69 Positions Relative to FOVL

Symbol	Grade	Weight
LAD	C	2.78%
AVT	C	2.3%
ARW	C	2.06%
CNX	A	1.81%
TMHC	C	1.78%
CNO	C	1.78%
DINO	F	1.77%
PBF	F	1.76%
GHC	B	1.72%
PFGC	A	1.69%
X	F	1.68%
SNX	C	1.65%
PAG	D	1.63%
OZK	F	1.57%
KBH	C	1.54%
JLL	B	1.5%
R	C	1.49%
ONB	D	1.48%
MTG	B	1.47%
THC	C	1.44%
PPC	B	1.38%
CADE	D	1.35%
ARMK	A	1.32%
UMBF	C	1.31%
USFD	C	1.31%
CMC	D	1.3%
ESNT	C	1.29%
JEF	A	1.24%
HWC	D	1.24%
WTFC	D	1.23%
ZION	D	1.21%
TCBI	C	1.21%
RGA	C	1.17%
VNO	A	1.16%
ASB	F	1.15%
INGR	A	1.14%
EWBC	D	1.13%
TEX	F	1.13%
IBOC	D	1.11%
MDU	C	1.11%
SLM	C	1.1%
PVH	F	1.07%
STWD	C	1.07%
POST	C	1.06%
FNF	A	1.05%
OVV	F	1.04%
OSK	F	1.01%
PK	D	1.0%
FLR	D	0.96%
CIVI	F	0.95%
ALLY	F	0.94%
UFPI	C	0.92%
MUR	F	0.87%
MUSA	D	0.85%
RS	D	0.85%
SAIC	A	0.85%
TNL	B	0.85%
VSH	F	0.83%
WU	D	0.83%
CHRD	F	0.82%
PR	F	0.82%
DTM	A	0.81%
MTDR	F	0.81%
SWX	C	0.79%
TKR	D	0.74%
ASGN	D	0.74%
ENS	D	0.68%
AMKR	F	0.63%
GAP	F	0.59%

XMVM Underweight 28 Positions Relative to FOVL

Symbol	Grade	Weight
FYBR	C	-3.93%
IBKR	A	-3.37%
AXS	A	-3.05%
JPM	D	-2.98%
SNV	D	-2.96%
LPX	A	-2.91%
BLDR	B	-2.86%
T	A	-2.81%
COF	C	-2.78%
FHB	D	-2.66%
Z	C	-2.66%
CNA	D	-2.62%
CUZ	C	-2.62%
KMI	A	-2.61%
WLK	C	-2.57%
WTM	D	-2.54%
HPE	B	-2.48%
STT	C	-2.46%
DFS	C	-2.44%
PFG	C	-2.32%
PNW	A	-2.23%
LYB	D	-2.17%
SNDR	C	-2.01%
AGR	C	-1.95%
NUE	D	-1.88%
ALK	B	-1.71%
CLF	D	-1.55%
LLYVK	A	-0.79%