IVV vs. QVML ETF Comparison

Comparison of iShares Core S&P 500 ETF (IVV) to Invesco S&P 500 QVM Multi-factor ETF (QVML)

IVV

iShares Core S&P 500 ETF

IVV Description

The investment seeks to track the investment results of an index composed of large-capitalization U.S. equities. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P 500® (the "underlying index"), which measures the performance of the large-capitalization sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$598.45

Average Daily Volume

4,277,239

Number of Holdings ^*

502

* may have additional holdings in another (foreign) market

QVML

Invesco S&P 500 QVM Multi-factor ETF

QVML Description

The investment seeks to track the investment results of the S&P 500 ® Quality, Value & Momentum Top 90% Multi- Factor Index (the “underlying index”). The fund generally will invest at least 90% of its total assets in the securities that comprise the index. S&P Dow Jones Indices LLC compiles, maintains and calculates the index, which is designed to track the performance of a subset of securities from the S&P 500 ® Index that exhibit the investment style criteria of quality, value and momentum. The index is composed of securities with multi-factor scores representing the top 90% of the parent index, as determined by the index provider. It is non-diversified.

Grade (RS Rating)

Last Trade

$35.16

Average Daily Volume

1,434

Number of Holdings ^*

447

* may have additional holdings in another (foreign) market

Performance

Period	IVV	QVML
30 Days	3.04%	2.51%
60 Days	4.56%	4.26%
90 Days	6.29%	5.72%
12 Months	32.78%	32.76%

447 Overlapping Holdings

	Symbol	Grade	Weight in IVV	Weight in QVML	Overlap
	A	D	0.07%	0.08%	0.07%
	AAPL	C	6.88%	7.12%	6.88%
	ABBV	D	0.59%	0.64%	0.59%
	ABNB	C	0.12%	0.13%	0.12%
	ABT	B	0.41%	0.41%	0.41%
	ACGL	D	0.08%	0.08%	0.08%
	ACN	C	0.45%	0.47%	0.45%
	ADBE	C	0.45%	0.49%	0.45%
	ADI	D	0.21%	0.23%	0.21%
	ADM	D	0.05%	0.06%	0.05%
	ADP	B	0.24%	0.26%	0.24%
	ADSK	A	0.13%	0.14%	0.13%
	AEE	A	0.05%	0.05%	0.05%
	AEP	D	0.1%	0.1%	0.1%
	AFL	B	0.11%	0.12%	0.11%
	AIG	B	0.1%	0.11%	0.1%
	AIZ	A	0.02%	0.03%	0.02%
	AJG	B	0.13%	0.13%	0.13%
	AKAM	D	0.03%	0.03%	0.03%
	ALGN	D	0.03%	0.03%	0.03%
	ALL	A	0.1%	0.11%	0.1%
	ALLE	D	0.02%	0.03%	0.02%
	AMAT	F	0.28%	0.34%	0.28%
	AMCR	D	0.03%	0.03%	0.03%
	AMD	F	0.44%	0.47%	0.44%
	AME	A	0.09%	0.1%	0.09%
	AMP	A	0.11%	0.12%	0.11%
	AMZN	C	3.81%	3.94%	3.81%
	ANET	C	0.19%	0.21%	0.19%
	ANSS	B	0.06%	0.06%	0.06%
	AON	A	0.17%	0.17%	0.17%
	AOS	F	0.02%	0.02%	0.02%
	APA	D	0.02%	0.02%	0.02%
	APH	A	0.17%	0.2%	0.17%
	APTV	D	0.03%	0.03%	0.03%
	ARE	D	0.03%	0.04%	0.03%
	ATO	A	0.05%	0.04%	0.04%
	AVB	B	0.07%	0.07%	0.07%
	AVGO	D	1.54%	1.61%	1.54%
	AVY	D	0.03%	0.03%	0.03%
	AWK	D	0.05%	0.05%	0.05%
	AXON	A	0.09%	0.09%	0.09%
	AXP	A	0.32%	0.35%	0.32%
	AZO	C	0.11%	0.12%	0.11%
	BAC	A	0.63%	0.69%	0.63%
	BALL	D	0.04%	0.04%	0.04%
	BAX	D	0.03%	0.03%	0.03%
	BBY	D	0.04%	0.04%	0.04%
	BDX	F	0.13%	0.14%	0.13%
	BEN	C	0.01%	0.01%	0.01%
	BG	F	0.03%	0.03%	0.03%
	BK	A	0.12%	0.12%	0.12%
	BKNG	A	0.34%	0.36%	0.34%
	BKR	B	0.09%	0.1%	0.09%
	BLDR	D	0.04%	0.05%	0.04%
	BLK	C	0.29%	0.32%	0.29%
	BR	A	0.05%	0.06%	0.05%
	BRK.A	B	1.73%	1.87%	1.73%
	BRO	B	0.05%	0.06%	0.05%
	BSX	B	0.26%	0.27%	0.26%
	BWA	D	0.02%	0.02%	0.02%
	BX	A	0.26%	0.27%	0.26%
	BXP	D	0.02%	0.02%	0.02%
	C	A	0.26%	0.3%	0.26%
	CAG	D	0.03%	0.03%	0.03%
	CAH	B	0.06%	0.06%	0.06%
	CARR	D	0.13%	0.13%	0.13%
	CAT	B	0.37%	0.42%	0.37%
	CB	C	0.22%	0.25%	0.22%
	CBOE	B	0.04%	0.04%	0.04%
	CBRE	B	0.08%	0.08%	0.08%
	CCL	B	0.05%	0.05%	0.05%
	CDNS	B	0.16%	0.18%	0.16%
	CDW	F	0.05%	0.05%	0.05%
	CE	F	0.02%	0.02%	0.02%
	CEG	D	0.14%	0.16%	0.14%
	CF	B	0.03%	0.04%	0.03%
	CFG	B	0.04%	0.05%	0.04%
	CHD	B	0.05%	0.05%	0.05%
	CHRW	C	0.03%	0.03%	0.03%
	CHTR	C	0.08%	0.09%	0.08%
	CI	F	0.18%	0.2%	0.18%
	CINF	A	0.05%	0.05%	0.05%
	CL	D	0.15%	0.16%	0.15%
	CMCSA	B	0.33%	0.37%	0.33%
	CME	A	0.16%	0.17%	0.16%
	CMG	B	0.16%	0.17%	0.16%
	CMI	A	0.1%	0.11%	0.1%
	CMS	C	0.04%	0.04%	0.04%
	CNC	D	0.06%	0.07%	0.06%
	CNP	B	0.04%	0.04%	0.04%
	COF	B	0.14%	0.16%	0.14%
	COP	C	0.26%	0.31%	0.26%
	COR	B	0.08%	0.09%	0.08%
	COST	B	0.81%	0.85%	0.81%
	CPAY	A	0.05%	0.06%	0.05%
	CPB	D	0.02%	0.02%	0.02%
	CPRT	A	0.1%	0.11%	0.1%
	CPT	B	0.03%	0.03%	0.03%
	CRL	C	0.02%	0.02%	0.02%
	CRM	B	0.63%	0.69%	0.63%
	CRWD	B	0.16%	0.18%	0.16%
	CSCO	B	0.47%	0.51%	0.47%
	CSGP	D	0.06%	0.06%	0.06%
	CSX	B	0.14%	0.15%	0.14%
	CTAS	B	0.15%	0.15%	0.15%
	CTRA	B	0.04%	0.04%	0.04%
	CTSH	B	0.08%	0.09%	0.08%
	CTVA	C	0.08%	0.09%	0.08%
	CVS	D	0.13%	0.15%	0.13%
	CVX	A	0.55%	0.63%	0.55%
	CZR	F	0.02%	0.02%	0.02%
	D	C	0.1%	0.1%	0.1%
	DAL	C	0.08%	0.08%	0.08%
	DAY	B	0.02%	0.03%	0.02%
	DD	D	0.07%	0.08%	0.07%
	DE	A	0.21%	0.21%	0.21%
	DECK	A	0.05%	0.06%	0.05%
	DFS	B	0.09%	0.1%	0.09%
	DG	F	0.03%	0.04%	0.03%
	DGX	A	0.04%	0.04%	0.04%
	DHI	D	0.1%	0.1%	0.1%
	DHR	F	0.3%	0.33%	0.3%
	DIS	B	0.42%	0.43%	0.42%
	DLR	B	0.11%	0.12%	0.11%
	DLTR	F	0.03%	0.04%	0.03%
	DOC	D	0.03%	0.03%	0.03%
	DOV	A	0.06%	0.06%	0.06%
	DOW	F	0.06%	0.07%	0.06%
	DRI	B	0.04%	0.04%	0.04%
	DTE	C	0.05%	0.05%	0.05%
	DUK	C	0.17%	0.18%	0.17%
	DVA	B	0.01%	0.02%	0.01%
	DVN	F	0.05%	0.06%	0.05%
	EA	A	0.08%	0.09%	0.08%
	EBAY	D	0.06%	0.06%	0.06%
	ECL	D	0.12%	0.13%	0.12%
	ED	D	0.07%	0.07%	0.07%
	EFX	F	0.06%	0.07%	0.06%
	EG	C	0.03%	0.04%	0.03%
	EIX	B	0.06%	0.07%	0.06%
	ELV	F	0.19%	0.2%	0.19%
	EMN	D	0.02%	0.03%	0.02%
	EMR	A	0.15%	0.16%	0.15%
	EOG	A	0.15%	0.18%	0.15%
	EPAM	C	0.03%	0.03%	0.03%
	EQR	B	0.05%	0.05%	0.05%
	EQT	B	0.05%	0.05%	0.05%
	ES	D	0.04%	0.05%	0.04%
	ESS	B	0.04%	0.04%	0.04%
	ETN	A	0.29%	0.31%	0.29%
	ETR	B	0.06%	0.07%	0.06%
	EVRG	A	0.03%	0.03%	0.03%
	EW	C	0.08%	0.09%	0.08%
	EXC	C	0.08%	0.08%	0.08%
	EXPD	D	0.03%	0.04%	0.03%
	EXPE	B	0.05%	0.05%	0.05%
	EXR	D	0.07%	0.07%	0.07%
	F	C	0.09%	0.1%	0.09%
	FANG	D	0.07%	0.08%	0.07%
	FAST	B	0.09%	0.1%	0.09%
	FCX	D	0.12%	0.14%	0.12%
	FDS	B	0.04%	0.04%	0.04%
	FDX	B	0.13%	0.15%	0.13%
	FE	C	0.04%	0.04%	0.04%
	FFIV	B	0.03%	0.03%	0.03%
	FI	A	0.24%	0.26%	0.24%
	FIS	C	0.1%	0.1%	0.1%
	FITB	A	0.06%	0.07%	0.06%
	FMC	D	0.01%	0.02%	0.01%
	FOXA	B	0.02%	0.04%	0.02%
	FRT	B	0.02%	0.02%	0.02%
	FSLR	F	0.04%	0.04%	0.04%
	FTNT	C	0.12%	0.13%	0.12%
	FTV	C	0.05%	0.06%	0.05%
	GD	F	0.15%	0.14%	0.14%
	GDDY	A	0.05%	0.06%	0.05%
	GE	D	0.39%	0.43%	0.39%
	GEHC	F	0.08%	0.07%	0.07%
	GEN	B	0.03%	0.04%	0.03%
	GEV	B	0.18%	0.18%	0.18%
	GILD	C	0.22%	0.24%	0.22%
	GIS	D	0.07%	0.08%	0.07%
	GL	B	0.02%	0.02%	0.02%
	GLW	B	0.07%	0.08%	0.07%
	GM	B	0.13%	0.15%	0.13%
	GNRC	B	0.02%	0.03%	0.02%
	GOOG	C	1.68%	4.33%	1.68%
	GPC	D	0.03%	0.04%	0.03%
	GPN	B	0.06%	0.06%	0.06%
	GRMN	B	0.06%	0.07%	0.06%
	GS	A	0.38%	0.43%	0.38%
	GWW	B	0.11%	0.11%	0.11%
	HAL	C	0.05%	0.06%	0.05%
	HBAN	A	0.05%	0.06%	0.05%
	HCA	F	0.13%	0.14%	0.13%
	HD	A	0.81%	0.84%	0.81%
	HES	B	0.08%	0.09%	0.08%
	HIG	B	0.07%	0.07%	0.07%
	HII	D	0.02%	0.02%	0.02%
	HOLX	D	0.04%	0.04%	0.04%
	HON	B	0.3%	0.32%	0.3%
	HPE	B	0.06%	0.07%	0.06%
	HPQ	B	0.07%	0.07%	0.07%
	HRL	D	0.02%	0.02%	0.02%
	HSIC	B	0.02%	0.02%	0.02%
	HST	C	0.02%	0.03%	0.02%
	HSY	F	0.05%	0.05%	0.05%
	HUBB	B	0.05%	0.05%	0.05%
	HUM	C	0.07%	0.08%	0.07%
	HWM	A	0.09%	0.09%	0.09%
	IBM	C	0.38%	0.39%	0.38%
	ICE	C	0.18%	0.19%	0.18%
	IDXX	F	0.07%	0.07%	0.07%
	IEX	B	0.03%	0.04%	0.03%
	IFF	D	0.04%	0.05%	0.04%
	INCY	C	0.02%	0.03%	0.02%
	INTC	D	0.21%	0.25%	0.21%
	INTU	C	0.39%	0.4%	0.39%
	INVH	D	0.04%	0.04%	0.04%
	IP	B	0.04%	0.04%	0.04%
	IPG	D	0.02%	0.02%	0.02%
	IQV	D	0.07%	0.08%	0.07%
	IR	B	0.08%	0.09%	0.08%
	ISRG	A	0.38%	0.4%	0.38%
	IT	C	0.08%	0.09%	0.08%
	ITW	B	0.15%	0.16%	0.15%
	IVZ	B	0.02%	0.02%	0.02%
	J	F	0.04%	0.04%	0.04%
	JBHT	C	0.03%	0.03%	0.03%
	JBL	B	0.03%	0.03%	0.03%
	JCI	C	0.11%	0.12%	0.11%
	JKHY	D	0.03%	0.03%	0.03%
	JNJ	D	0.75%	0.77%	0.75%
	JNPR	F	0.02%	0.03%	0.02%
	JPM	A	1.4%	1.59%	1.4%
	K	A	0.04%	0.05%	0.04%
	KDP	D	0.07%	0.07%	0.07%
	KEY	B	0.04%	0.04%	0.04%
	KEYS	A	0.05%	0.06%	0.05%
	KHC	F	0.06%	0.05%	0.05%
	KIM	A	0.03%	0.03%	0.03%
	KKR	A	0.2%	0.22%	0.2%
	KLAC	D	0.17%	0.2%	0.17%
	KMB	D	0.09%	0.09%	0.09%
	KMI	A	0.11%	0.11%	0.11%
	KMX	B	0.02%	0.03%	0.02%
	KO	D	0.48%	0.52%	0.48%
	KR	B	0.08%	0.09%	0.08%
	KVUE	A	0.09%	0.09%	0.09%
	L	A	0.03%	0.03%	0.03%
	LDOS	C	0.04%	0.05%	0.04%
	LEN	D	0.08%	0.09%	0.08%
	LH	C	0.04%	0.05%	0.04%
	LHX	C	0.09%	0.1%	0.09%
	LIN	D	0.43%	0.47%	0.43%
	LKQ	D	0.02%	0.02%	0.02%
	LLY	F	1.18%	1.38%	1.18%
	LMT	D	0.23%	0.24%	0.23%
	LNT	A	0.03%	0.03%	0.03%
	LRCX	F	0.18%	0.22%	0.18%
	LULU	C	0.07%	0.08%	0.07%
	LUV	C	0.04%	0.04%	0.04%
	LW	C	0.02%	0.02%	0.02%
	LYB	F	0.04%	0.05%	0.04%
	MA	C	0.87%	0.89%	0.87%
	MAA	B	0.04%	0.04%	0.04%
	MAS	D	0.03%	0.04%	0.03%
	MCHP	D	0.07%	0.08%	0.07%
	MCK	B	0.16%	0.18%	0.16%
	MCO	B	0.15%	0.16%	0.15%
	MDLZ	F	0.17%	0.18%	0.17%
	MDT	D	0.23%	0.24%	0.23%
	MET	A	0.1%	0.11%	0.1%
	META	D	2.43%	2.71%	2.43%
	MGM	D	0.02%	0.02%	0.02%
	MHK	D	0.01%	0.02%	0.01%
	MKC	D	0.04%	0.04%	0.04%
	MKTX	D	0.02%	0.02%	0.02%
	MLM	B	0.07%	0.08%	0.07%
	MMC	B	0.22%	0.23%	0.22%
	MMM	D	0.14%	0.16%	0.14%
	MNST	C	0.07%	0.08%	0.07%
	MO	A	0.19%	0.2%	0.19%
	MOH	F	0.03%	0.04%	0.03%
	MOS	F	0.02%	0.02%	0.02%
	MPC	D	0.11%	0.13%	0.11%
	MPWR	F	0.06%	0.06%	0.06%
	MRK	F	0.49%	0.54%	0.49%
	MRNA	F	0.03%	0.03%	0.03%
	MRO	B	0.03%	0.04%	0.03%
	MS	A	0.34%	0.37%	0.34%
	MSFT	F	6.2%	6.58%	6.2%
	MSI	B	0.16%	0.18%	0.16%
	MTB	A	0.07%	0.08%	0.07%
	MU	D	0.21%	0.25%	0.21%
	NCLH	B	0.02%	0.02%	0.02%
	NDAQ	A	0.07%	0.07%	0.07%
	NEE	D	0.32%	0.31%	0.31%
	NFLX	A	0.71%	0.78%	0.71%
	NI	A	0.03%	0.03%	0.03%
	NKE	D	0.19%	0.2%	0.19%
	NOC	D	0.14%	0.15%	0.14%
	NOW	A	0.42%	0.44%	0.42%
	NRG	B	0.04%	0.04%	0.04%
	NSC	B	0.12%	0.13%	0.12%
	NTAP	C	0.05%	0.05%	0.05%
	NTRS	A	0.04%	0.05%	0.04%
	NUE	C	0.07%	0.08%	0.07%
	NVDA	C	7.02%	7.76%	7.02%
	NVR	D	0.06%	0.06%	0.06%
	NWSA	B	0.02%	0.03%	0.02%
	NXPI	D	0.11%	0.13%	0.11%
	O	D	0.1%	0.1%	0.1%
	ODFL	B	0.08%	0.09%	0.08%
	OKE	A	0.13%	0.14%	0.13%
	OMC	C	0.04%	0.04%	0.04%
	ON	D	0.06%	0.07%	0.06%
	OXY	D	0.07%	0.08%	0.07%
	PANW	C	0.25%	0.28%	0.25%
	PARA	C	0.01%	0.01%	0.01%
	PAYC	B	0.02%	0.02%	0.02%
	PAYX	C	0.09%	0.1%	0.09%
	PCAR	B	0.12%	0.13%	0.12%
	PCG	A	0.09%	0.09%	0.09%
	PEG	A	0.09%	0.09%	0.09%
	PEP	F	0.44%	0.47%	0.44%
	PFG	D	0.04%	0.04%	0.04%
	PG	A	0.8%	0.82%	0.8%
	PGR	A	0.3%	0.32%	0.3%
	PH	A	0.18%	0.19%	0.18%
	PHM	D	0.05%	0.06%	0.05%
	PKG	A	0.04%	0.05%	0.04%
	PLD	D	0.21%	0.22%	0.21%
	PM	B	0.4%	0.41%	0.4%
	PNC	B	0.17%	0.18%	0.17%
	PNR	A	0.04%	0.04%	0.04%
	PNW	B	0.02%	0.02%	0.02%
	POOL	C	0.03%	0.03%	0.03%
	PPG	F	0.06%	0.06%	0.06%
	PPL	B	0.05%	0.05%	0.05%
	PRU	A	0.09%	0.1%	0.09%
	PSA	D	0.11%	0.11%	0.11%
	PSX	C	0.11%	0.13%	0.11%
	PTC	A	0.05%	0.05%	0.05%
	PWR	A	0.1%	0.1%	0.1%
	PYPL	B	0.18%	0.2%	0.18%
	QCOM	F	0.36%	0.41%	0.36%
	QRVO	F	0.01%	0.01%	0.01%
	RCL	A	0.11%	0.12%	0.11%
	REG	B	0.02%	0.03%	0.02%
	REGN	F	0.16%	0.18%	0.16%
	RF	A	0.05%	0.05%	0.05%
	RJF	A	0.06%	0.06%	0.06%
	RL	B	0.02%	0.02%	0.02%
	RMD	C	0.07%	0.07%	0.07%
	ROK	B	0.07%	0.07%	0.07%
	ROL	B	0.03%	0.03%	0.03%
	ROP	B	0.12%	0.13%	0.12%
	ROST	C	0.09%	0.1%	0.09%
	RSG	A	0.09%	0.09%	0.09%
	RTX	C	0.32%	0.34%	0.32%
	RVTY	F	0.03%	0.03%	0.03%
	SCHW	B	0.24%	0.26%	0.24%
	SHW	A	0.18%	0.19%	0.18%
	SLB	C	0.12%	0.14%	0.12%
	SMCI	F	0.02%	0.02%	0.02%
	SNA	A	0.04%	0.04%	0.04%
	SNPS	B	0.16%	0.19%	0.16%
	SO	D	0.19%	0.19%	0.19%
	SOLV	C	0.02%	0.02%	0.02%
	SPG	B	0.11%	0.13%	0.11%
	SPGI	C	0.32%	0.34%	0.32%
	SRE	A	0.12%	0.12%	0.12%
	STE	F	0.04%	0.05%	0.04%
	STLD	B	0.04%	0.05%	0.04%
	STT	A	0.06%	0.06%	0.06%
	STZ	D	0.07%	0.08%	0.07%
	SW	A	0.05%	0.06%	0.05%
	SWK	D	0.03%	0.03%	0.03%
	SWKS	F	0.03%	0.03%	0.03%
	SYF	B	0.05%	0.06%	0.05%
	SYK	C	0.27%	0.27%	0.27%
	SYY	B	0.07%	0.08%	0.07%
	T	A	0.33%	0.31%	0.31%
	TAP	C	0.02%	0.02%	0.02%
	TDY	B	0.04%	0.05%	0.04%
	TER	D	0.03%	0.04%	0.03%
	TFC	A	0.13%	0.14%	0.13%
	TFX	F	0.02%	0.02%	0.02%
	TGT	F	0.14%	0.16%	0.14%
	TJX	A	0.27%	0.28%	0.27%
	TMO	F	0.39%	0.43%	0.39%
	TMUS	B	0.23%	0.26%	0.23%
	TPR	B	0.03%	0.03%	0.03%
	TRGP	B	0.09%	0.09%	0.09%
	TROW	B	0.05%	0.06%	0.05%
	TRV	B	0.12%	0.12%	0.12%
	TSCO	D	0.06%	0.06%	0.06%
	TSN	B	0.04%	0.04%	0.04%
	TT	A	0.18%	0.2%	0.18%
	TTWO	A	0.06%	0.06%	0.06%
	TXN	C	0.37%	0.42%	0.37%
	TXT	D	0.03%	0.04%	0.03%
	TYL	B	0.05%	0.06%	0.05%
	UAL	A	0.06%	0.06%	0.06%
	UBER	D	0.31%	0.33%	0.31%
	UDR	B	0.03%	0.03%	0.03%
	UHS	D	0.02%	0.03%	0.02%
	ULTA	F	0.04%	0.04%	0.04%
	UNH	C	1.1%	1.15%	1.1%
	UNP	C	0.29%	0.31%	0.29%
	UPS	C	0.2%	0.2%	0.2%
	URI	B	0.11%	0.13%	0.11%
	USB	A	0.16%	0.17%	0.16%
	V	A	1.04%	0.99%	0.99%
	VICI	C	0.07%	0.07%	0.07%
	VLO	C	0.09%	0.11%	0.09%
	VLTO	D	0.05%	0.05%	0.05%
	VMC	B	0.07%	0.08%	0.07%
	VRSK	A	0.08%	0.09%	0.08%
	VRTX	F	0.24%	0.27%	0.24%
	VST	B	0.1%	0.1%	0.1%
	VTR	C	0.05%	0.05%	0.05%
	VTRS	A	0.03%	0.03%	0.03%
	VZ	C	0.35%	0.34%	0.34%
	WAB	B	0.07%	0.08%	0.07%
	WAT	B	0.04%	0.05%	0.04%
	WBA	F	0.01%	0.01%	0.01%
	WBD	C	0.04%	0.05%	0.04%
	WDC	D	0.04%	0.04%	0.04%
	WEC	A	0.06%	0.06%	0.06%
	WELL	A	0.16%	0.16%	0.16%
	WFC	A	0.51%	0.58%	0.51%
	WM	A	0.16%	0.17%	0.16%
	WMB	A	0.14%	0.15%	0.14%
	WMT	A	0.74%	0.74%	0.74%
	WRB	A	0.04%	0.04%	0.04%
	WST	C	0.05%	0.05%	0.05%
	WTW	B	0.06%	0.07%	0.06%
	WY	D	0.05%	0.05%	0.05%
	XEL	A	0.08%	0.08%	0.08%
	XOM	B	1.07%	1.22%	1.07%
	XYL	D	0.06%	0.07%	0.06%
	ZBH	C	0.05%	0.05%	0.05%
	ZBRA	B	0.04%	0.04%	0.04%
	ZTS	D	0.16%	0.16%	0.16%

IVV Overweight 55 Positions Relative to QVML

	Symbol	Grade	Weight
	GOOGL	C	2.03%
	TSLA	B	1.79%
	ORCL	B	0.59%
	MCD	D	0.42%
	AMGN	D	0.31%
	LOW	D	0.31%
	PFE	D	0.28%
	PLTR	B	0.27%
	BMY	B	0.23%
	SBUX	A	0.22%
	BA	F	0.21%
	AMT	D	0.18%
	EQIX	A	0.17%
	TDG	D	0.14%
	ORLY	B	0.14%
	APD	A	0.14%
	MAR	B	0.13%
	HLT	A	0.12%
	FICO	B	0.11%
	TEL	B	0.09%
	CCI	D	0.09%
	MSCI	C	0.09%
	NEM	D	0.09%
	YUM	B	0.08%
	DELL	C	0.08%
	OTIS	C	0.08%
	IRM	D	0.07%
	DXCM	D	0.06%
	BIIB	F	0.05%
	SBAC	D	0.05%
	MTD	D	0.05%
	PODD	C	0.04%
	COO	D	0.04%
	LYV	A	0.04%
	STX	D	0.04%
	CLX	B	0.04%
	NDSN	B	0.03%
	EL	F	0.03%
	DPZ	C	0.03%
	VRSN	F	0.03%
	LVS	C	0.03%
	TRMB	B	0.03%
	MTCH	D	0.02%
	ENPH	F	0.02%
	HAS	D	0.02%
	WYNN	D	0.02%
	AES	F	0.02%
	ERIE	D	0.02%
	TECH	D	0.02%
	CTLT	B	0.02%
	SJM	D	0.02%
	ALB	C	0.02%
	AMTM	D	0.01%
	NWS	B	0.01%
	FOX	A	0.01%

IVV Underweight 0 Positions Relative to QVML

	Symbol	Grade	Weight

IVV: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Utilities - Regulated Electric Business Services Semiconductors Diagnostics & Research Asset Management Oil & Gas E&P Aerospace & Defense Banks - Regional - US Capital Markets Drug Manufacturers - Major Medical Instruments & Supplies Packaged Foods Medical Devices Specialty Retail Credit Services Health Care Plans Household & Personal Products Information Technology Services

Keywords: S&P 500 Nasdaq 100 Natural Gas Computing Electricity Insurance Dow Jones Component Electronics Aerospace Chemical Medicine Real Estate Investment Trust Telecommunications Bank Semiconductor Banking Insurance Products Petroleum Industry Transport Investment Bank

QVML: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Utilities - Regulated Electric Semiconductors Business Services Asset Management Diagnostics & Research Oil & Gas E&P Banks - Regional - US Capital Markets Medical Instruments & Supplies Packaged Foods Aerospace & Defense Credit Services Health Care Plans Information Technology Services Insurance - Property & Casualty Medical Devices REIT - Residential Specialty Retail

Keywords: S&P 500 Nasdaq 100 Natural Gas Electricity Insurance Computing Dow Jones Component Electronics Aerospace Real Estate Investment Trust Bank Chemical Banking Medicine Semiconductor Telecommunications Insurance Products Petroleum Industry Investment Bank Mobile Devices