AFSM vs. GRPZ ETF Comparison

Comparison of Active Factor Small Cap ETF (AFSM) to Invesco Exchange-Traded Fund Trust II Invesco S&P SmallCap 600 GARP ETF (GRPZ)

AFSM

Active Factor Small Cap ETF

AFSM Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by small capitalization companies. The manager defines small capitalization companies as those that, at the time of investment, have a market capitalization between a minimum of $250 million and the maximum market capitalization of a widely recognized index of small capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$32.64

Average Daily Volume

15,693

Number of Holdings ^*

295

* may have additional holdings in another (foreign) market

GRPZ

Invesco Exchange-Traded Fund Trust II Invesco S&P SmallCap 600 GARP ETF

GRPZ Description

The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is designed to track the performance of approximately 90 growth stocks in the S&P SmallCap 600® Index with relatively high quality and value composite scores. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.13

Average Daily Volume

460

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AFSM	GRPZ
30 Days	7.72%	9.53%
60 Days	6.49%	8.20%
90 Days	6.95%	6.72%
12 Months	33.58%

48 Overlapping Holdings

Symbol	Grade	Weight in AFSM	Weight in GRPZ	Overlap
ABG	B	0.25%	1.12%	0.25%
ACLS	F	0.02%	0.8%	0.02%
ALKS	B	0.91%	1.06%	0.91%
AMN	F	0.04%	0.48%	0.04%
AMPH	D	0.05%	1.52%	0.05%
AMR	C	0.42%	1.22%	0.42%
APOG	B	0.36%	1.19%	0.36%
BMI	B	0.63%	0.98%	0.63%
CAL	D	0.36%	0.68%	0.36%
CALM	A	0.78%	2.51%	0.78%
CASH	A	0.36%	1.47%	0.36%
CEIX	A	0.68%	1.97%	0.68%
COLL	F	0.04%	0.9%	0.04%
CPRX	C	0.88%	1.89%	0.88%
CRVL	A	0.63%	1.08%	0.63%
DNOW	B	0.3%	0.82%	0.3%
EPAC	B	0.0%	1.31%	0.0%
ETD	C	0.04%	1.04%	0.04%
FBP	B	0.33%	1.34%	0.33%
GES	F	0.15%	0.79%	0.15%
GIII	D	0.25%	1.24%	0.25%
GMS	B	0.6%	1.31%	0.6%
GRBK	D	0.3%	1.36%	0.3%
HCC	B	0.28%	1.52%	0.28%
HCI	C	0.26%	1.11%	0.26%
HRMY	D	0.35%	0.97%	0.35%
HSII	B	0.63%	1.22%	0.63%
HWKN	B	0.64%	1.1%	0.64%
IDCC	A	1.19%	1.64%	1.19%
LBRT	D	0.04%	1.03%	0.04%
LPG	F	0.32%	0.79%	0.32%
LRN	A	0.38%	1.45%	0.38%
MATX	C	0.35%	1.09%	0.35%
MLI	C	1.38%	1.35%	1.35%
OFG	B	0.54%	1.04%	0.54%
OTTR	C	0.05%	0.73%	0.05%
PFBC	B	0.88%	1.33%	0.88%
PLAB	C	0.42%	0.83%	0.42%
PRG	C	0.26%	1.14%	0.26%
SANM	B	0.65%	0.95%	0.65%
SIG	B	0.39%	1.13%	0.39%
SLVM	B	0.62%	0.97%	0.62%
STBA	B	0.54%	1.65%	0.54%
TBBK	B	0.69%	1.52%	0.69%
TWI	F	0.28%	0.72%	0.28%
WABC	B	0.21%	0.99%	0.21%
WNC	C	0.37%	1.07%	0.37%
WT	B	0.55%	0.99%	0.55%

AFSM Overweight 247 Positions Relative to GRPZ

Symbol	Grade	Weight
SKYW	B	1.22%
NHC	C	1.15%
SFM	A	1.03%
CRS	A	0.93%
STRL	B	0.86%
DAKT	B	0.85%
ANF	C	0.84%
FIX	A	0.84%
EME	C	0.82%
CVLT	B	0.77%
MTG	C	0.76%
MHO	D	0.76%
JXN	C	0.72%
BCC	B	0.72%
RDN	C	0.72%
UVE	B	0.72%
TMHC	B	0.7%
AROC	B	0.69%
MCY	A	0.67%
REZI	A	0.66%
SLG	B	0.65%
GMED	A	0.65%
COOP	B	0.64%
FDP	B	0.63%
PRK	B	0.59%
NTB	B	0.59%
SUPN	C	0.58%
NMIH	D	0.58%
NHI	D	0.57%
GEO	B	0.57%
BRBR	A	0.57%
CORT	B	0.57%
EGBN	B	0.56%
TGNA	B	0.56%
POWL	C	0.55%
BTU	B	0.55%
HALO	F	0.55%
BXC	B	0.55%
UFPT	B	0.55%
ZETA	D	0.54%
MUSA	A	0.54%
CVNA	B	0.54%
COKE	C	0.54%
CHCO	B	0.54%
APPF	B	0.51%
ACT	D	0.51%
PRDO	B	0.51%
PLUS	F	0.51%
KBH	D	0.51%
BELFB	C	0.51%
DOLE	D	0.5%
DDS	B	0.5%
AMWD	C	0.5%
PI	D	0.49%
PINC	B	0.47%
LNTH	D	0.47%
CSWI	A	0.47%
TEX	D	0.46%
DFIN	D	0.45%
USLM	A	0.44%
HRB	D	0.43%
QTWO	A	0.42%
HIMS	B	0.42%
ADUS	D	0.4%
WFRD	D	0.4%
RMR	F	0.4%
IESC	B	0.39%
TILE	B	0.39%
LGND	B	0.39%
BDC	B	0.39%
PRGS	A	0.39%
EVER	F	0.39%
INMD	C	0.38%
VRNT	C	0.38%
RDNT	B	0.37%
YOU	D	0.37%
IIPR	D	0.37%
LOPE	B	0.36%
BLBD	D	0.36%
M	D	0.36%
HIW	D	0.35%
ANIP	F	0.35%
CNXN	C	0.35%
ESNT	D	0.35%
BPMC	C	0.35%
CRAI	B	0.35%
TRMK	B	0.34%
MTH	D	0.34%
PBF	D	0.34%
MD	B	0.34%
MOG.A	B	0.34%
CMC	B	0.33%
PFS	B	0.32%
ATGE	B	0.32%
CNK	B	0.32%
PDM	D	0.32%
YMAB	F	0.31%
ATKR	C	0.31%
RXST	F	0.31%
SCS	C	0.31%
CUZ	B	0.31%
IBOC	A	0.31%
ODP	F	0.3%
TCMD	A	0.3%
VIRT	B	0.3%
AKR	B	0.3%
BKE	B	0.3%
SBRA	C	0.29%
THFF	B	0.29%
PHIN	A	0.29%
SPNS	F	0.29%
DXC	B	0.29%
HUBG	A	0.29%
ADMA	B	0.28%
BKH	A	0.28%
BHE	B	0.28%
BNL	D	0.28%
CRDO	B	0.28%
SXC	A	0.28%
HURN	B	0.28%
AZZ	B	0.28%
ITCI	C	0.27%
BKU	A	0.27%
CCRN	F	0.26%
ASO	F	0.26%
INTA	A	0.26%
VRNS	D	0.26%
AGX	B	0.25%
MEDP	D	0.25%
GNK	D	0.25%
PIPR	B	0.25%
PRM	C	0.25%
HDSN	F	0.24%
PSN	D	0.24%
AVNS	F	0.24%
LMAT	A	0.24%
MED	F	0.23%
NTCT	C	0.23%
HLX	B	0.23%
SMP	B	0.22%
IMKTA	C	0.22%
HAE	C	0.22%
VNDA	C	0.22%
NUS	D	0.22%
KN	B	0.22%
SBH	C	0.22%
NX	C	0.21%
VCTR	B	0.21%
INSW	F	0.21%
KRC	C	0.2%
BLFS	C	0.2%
ENS	D	0.2%
PK	B	0.2%
DHT	F	0.2%
AMKR	D	0.2%
EXTR	B	0.2%
CMPR	D	0.2%
ASC	F	0.2%
NAVI	C	0.19%
UCTT	D	0.19%
SGBX	F	0.19%
GOGL	F	0.19%
AXSM	B	0.19%
TMDX	F	0.19%
NSSC	D	0.19%
TARS	B	0.19%
TPC	C	0.18%
TNC	D	0.18%
TGTX	B	0.18%
ONTO	D	0.18%
SIGA	F	0.18%
HOV	D	0.17%
SD	D	0.17%
HY	D	0.17%
ASGN	F	0.17%
NVST	B	0.17%
XRX	F	0.16%
STNG	F	0.16%
ADNT	F	0.16%
METC	C	0.15%
SCSC	B	0.15%
VSH	D	0.15%
BRC	D	0.15%
SCVL	F	0.14%
AIT	A	0.14%
CSGS	B	0.14%
HROW	D	0.14%
OSCR	D	0.14%
CWCO	C	0.14%
AYI	B	0.14%
NECB	B	0.14%
CECO	A	0.14%
ALRM	C	0.14%
KELYA	F	0.14%
EIG	B	0.13%
MOV	C	0.13%
ALKT	B	0.13%
PCRX	C	0.13%
GFF	A	0.12%
TWST	D	0.12%
CLW	F	0.12%
MRVI	F	0.12%
YEXT	A	0.11%
INVA	D	0.11%
AMCX	C	0.11%
CHRD	D	0.11%
MAX	F	0.1%
ASTH	D	0.1%
RAMP	C	0.1%
CGEM	F	0.09%
SPSC	C	0.09%
MLKN	D	0.08%
CTRE	D	0.08%
PEBK	B	0.08%
KRYS	B	0.08%
KTB	B	0.08%
ATLO	D	0.07%
TPH	D	0.07%
WGO	C	0.07%
APAM	B	0.06%
FTDR	A	0.06%
GRND	A	0.06%
KSS	F	0.06%
JWN	C	0.06%
ANDE	D	0.05%
NSIT	F	0.05%
REVG	B	0.05%
SWX	B	0.05%
OGS	A	0.05%
ATEN	B	0.05%
CTS	C	0.05%
OMI	F	0.05%
PHR	F	0.04%
FORM	D	0.04%
TDC	D	0.04%
HE	C	0.04%
SEMR	B	0.04%
EOLS	D	0.04%
JBI	F	0.03%
VITL	D	0.03%
EMBC	C	0.03%
RYI	C	0.03%
SWI	B	0.03%
PGNY	F	0.02%
ACIW	B	0.02%
MITK	C	0.0%
MAIN	A	0.0%

AFSM Underweight 37 Positions Relative to GRPZ

Symbol	Grade	Weight
PLMR	B	-1.82%
MARA	C	-1.77%
CCOI	B	-1.76%
MCRI	A	-1.73%
GPI	A	-1.55%
NOG	A	-1.53%
IPAR	B	-1.53%
XPEL	C	-1.52%
LQDT	B	-1.37%
RUSHA	C	-1.32%
RES	D	-1.28%
AGYS	A	-1.26%
AX	A	-1.25%
SHOO	D	-1.25%
CVCO	A	-1.2%
BANF	B	-1.19%
AWI	A	-1.17%
MGY	A	-1.16%
CATY	B	-1.15%
BFH	B	-1.12%
CUBI	C	-1.07%
ARCH	B	-1.01%
SM	B	-1.0%
SXI	B	-1.0%
SPNT	A	-0.98%
BOOT	D	-0.97%
CVI	F	-0.95%
GDEN	B	-0.94%
LZB	B	-0.93%
DY	D	-0.92%
IBP	D	-0.9%
PARR	D	-0.9%
HP	B	-0.9%
HLIT	D	-0.89%
MYRG	B	-0.83%
WOR	F	-0.8%
DIOD	D	-0.59%