AMID vs. XMHQ ETF Comparison

Comparison of Argent Mid Cap ETF (AMID) to Invesco S&P MidCap Quality ETF (XMHQ)
AMID

Argent Mid Cap ETF

AMID Description

AMID aims to outperform the Russell MidCap Index over the long term by applying Change-Based Investing strategies. The fund actively invests in stocks undergoing positive internal or external change, which the issuer believes could lead to underappreciated growth. The starting universe begins with 1,500 US mid-cap stocks that are screened for liquidity and grouped by sector. Using their proprietary Argent Alpha Model, stocks are ranked under four main categories: Value, Growth, Quality, and Stability. Stocks within each sector with positive exposure to outperforming factors are considered. The remaining companies are grouped into current and future market segments based on expected outperformance in the current or future market cycle. Finally, the fund uses fundamental analysis to select 35-50 stocks with prospect improvements at the company or industry level. Sectors may be overweighted at various times in the economic cycle. Individual securities are capped at 8%.

Grade (RS Rating)

Last Trade

$37.03

Average Daily Volume

7,912

Number of Holdings *

37

* may have additional holdings in another (foreign) market
XMHQ

Invesco S&P MidCap Quality ETF

XMHQ Description The investment seeks to track the investment results (before fees and expenses) of the S&P MidCap 400® Quality 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 first calculates the quality score of each security in the S&P MidCap 400® Index.

Grade (RS Rating)

Last Trade

$106.90

Average Daily Volume

305,174

Number of Holdings *

76

* may have additional holdings in another (foreign) market
Performance
Period AMID XMHQ
30 Days 5.95% 5.88%
60 Days 4.28% 4.14%
90 Days 5.77% 5.12%
12 Months 35.20% 30.03%
5 Overlapping Holdings
Symbol Grade Weight in AMID Weight in XMHQ Overlap
AFG A 2.28% 1.3% 1.3%
BLD D 2.43% 1.59% 1.59%
EXPO D 0.99% 0.74% 0.74%
MEDP D 2.69% 1.62% 1.62%
MUSA A 2.63% 1.43% 1.43%
AMID Overweight 32 Positions Relative to XMHQ
Symbol Grade Weight
FICO B 3.79%
CTAS B 3.66%
CPRT A 3.56%
BLDR D 3.43%
FTNT C 3.34%
HLI B 3.2%
CBZ B 2.93%
LPLA A 2.87%
CDW F 2.86%
VCTR B 2.86%
DHI D 2.85%
IT C 2.83%
HCA F 2.49%
BAH F 2.45%
OMF A 2.4%
URI B 2.35%
GDDY A 2.24%
A D 2.12%
ADUS D 2.09%
CG A 2.05%
SCI B 2.05%
TPX B 1.99%
AME A 1.98%
ICFI F 1.93%
LNG B 1.69%
CHDN B 1.57%
ABG B 1.55%
ENTG D 1.52%
MOH F 1.44%
PATK D 1.35%
TTEK F 1.33%
AX A 1.11%
AMID Underweight 71 Positions Relative to XMHQ
Symbol Grade Weight
MANH D -4.08%
CSL C -3.86%
EME C -3.81%
WSM B -3.43%
FIX A -2.48%
THC D -2.39%
RS B -2.38%
RNR C -2.28%
OC A -2.16%
LECO B -2.08%
GGG B -2.05%
TOL B -2.03%
PSTG D -1.86%
CW B -1.83%
KNSL B -1.8%
DT C -1.66%
DKS C -1.57%
EXP A -1.45%
CR A -1.44%
AYI B -1.43%
AIT A -1.4%
CVLT B -1.38%
PRI A -1.35%
WMS D -1.34%
INGR B -1.32%
RGLD C -1.3%
CHE D -1.3%
TREX C -1.3%
SEIC B -1.28%
PCTY B -1.22%
UFPI B -1.21%
CNM D -1.2%
CELH F -1.13%
LSTR D -1.13%
DCI B -1.12%
RLI B -1.1%
LSCC D -1.09%
SAIC F -1.03%
CROX D -1.02%
SSD D -1.01%
WFRD D -0.96%
QLYS C -0.94%
LNTH D -0.94%
G B -0.94%
ELF C -0.93%
VNT B -0.91%
COKE C -0.9%
ROIV C -0.9%
CHX C -0.88%
DINO D -0.87%
KBH D -0.85%
MSA D -0.84%
CBT C -0.82%
MTG C -0.81%
VVV F -0.8%
ESNT D -0.74%
CRUS D -0.66%
MSM C -0.66%
LOPE B -0.64%
NEU C -0.6%
LANC C -0.52%
FHI A -0.51%
IBOC A -0.49%
ENS D -0.49%
TEX D -0.48%
SAM C -0.48%
YETI C -0.48%
NSP D -0.47%
VC D -0.39%
CXT B -0.35%
CRI D -0.32%
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