IWL vs. QVML ETF Comparison

Comparison of iShares Russell Top 200 ETF (IWL) to Invesco S&P 500 QVM Multi-factor ETF (QVML)

IWL

iShares Russell Top 200 ETF

IWL 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 Russell Top 200Â® Index (the "underlying index"), which is a float-adjusted, capitalization-weighted index that measures the performance of the largest capitalization sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$145.86

Average Daily Volume

52,339

Number of Holdings ^*

197

* 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 Â® Quality, Value & Momentum Top 90% Multi- Factor Index (the âunderlying indexâ). 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 Â® 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	IWL	QVML
30 Days	2.93%	2.51%
60 Days	4.56%	4.26%
90 Days	6.33%	5.72%
12 Months	33.26%	32.76%

171 Overlapping Holdings

Symbol	Grade	Weight in IWL	Weight in QVML	Overlap
AAPL	C	7.79%	7.12%	7.12%
ABBV	D	0.7%	0.64%	0.64%
ABNB	C	0.14%	0.13%	0.13%
ABT	B	0.48%	0.41%	0.41%
ACN	C	0.53%	0.47%	0.47%
ADBE	C	0.53%	0.49%	0.49%
ADI	D	0.24%	0.23%	0.23%
ADP	B	0.29%	0.26%	0.26%
ADSK	A	0.15%	0.14%	0.14%
AEP	D	0.12%	0.1%	0.1%
AIG	B	0.12%	0.11%	0.11%
AMAT	F	0.33%	0.34%	0.33%
AMD	F	0.52%	0.47%	0.47%
AMZN	C	4.48%	3.94%	3.94%
ANET	C	0.23%	0.21%	0.21%
AON	A	0.18%	0.17%	0.17%
APH	A	0.2%	0.2%	0.2%
AVGO	D	1.78%	1.61%	1.61%
AXP	A	0.38%	0.35%	0.35%
AZO	C	0.13%	0.12%	0.12%
BAC	A	0.76%	0.69%	0.69%
BDX	F	0.16%	0.14%	0.14%
BKNG	A	0.4%	0.36%	0.36%
BLK	C	0.37%	0.32%	0.32%
BRK.A	B	2.05%	1.87%	1.87%
BSX	B	0.3%	0.27%	0.27%
BX	A	0.31%	0.27%	0.27%
C	A	0.31%	0.3%	0.3%
CARR	D	0.15%	0.13%	0.13%
CAT	B	0.45%	0.42%	0.42%
CB	C	0.28%	0.25%	0.25%
CDNS	B	0.19%	0.18%	0.18%
CEG	D	0.17%	0.16%	0.16%
CI	F	0.21%	0.2%	0.2%
CL	D	0.18%	0.16%	0.16%
CMCSA	B	0.39%	0.37%	0.37%
CME	A	0.19%	0.17%	0.17%
CMG	B	0.19%	0.17%	0.17%
COF	B	0.17%	0.16%	0.16%
COP	C	0.31%	0.31%	0.31%
COST	B	0.96%	0.85%	0.85%
CPRT	A	0.12%	0.11%	0.11%
CRM	B	0.73%	0.69%	0.69%
CRWD	B	0.18%	0.18%	0.18%
CSCO	B	0.55%	0.51%	0.51%
CSX	B	0.16%	0.15%	0.15%
CTAS	B	0.18%	0.15%	0.15%
CVS	D	0.16%	0.15%	0.15%
CVX	A	0.66%	0.63%	0.63%
D	C	0.11%	0.1%	0.1%
DE	A	0.24%	0.21%	0.21%
DHR	F	0.35%	0.33%	0.33%
DIS	B	0.5%	0.43%	0.43%
DUK	C	0.21%	0.18%	0.18%
ECL	D	0.15%	0.13%	0.13%
ELV	F	0.22%	0.2%	0.2%
EMR	A	0.17%	0.16%	0.16%
EOG	A	0.18%	0.18%	0.18%
ETN	A	0.34%	0.31%	0.31%
EW	C	0.1%	0.09%	0.09%
F	C	0.1%	0.1%	0.1%
FCX	D	0.15%	0.14%	0.14%
FDX	B	0.16%	0.15%	0.15%
FI	A	0.29%	0.26%	0.26%
FTNT	C	0.14%	0.13%	0.13%
GD	F	0.19%	0.14%	0.14%
GE	D	0.46%	0.43%	0.43%
GEV	B	0.21%	0.18%	0.18%
GILD	C	0.26%	0.24%	0.24%
GM	B	0.15%	0.15%	0.15%
GOOG	C	2.04%	4.33%	2.04%
GS	A	0.45%	0.43%	0.43%
HCA	F	0.15%	0.14%	0.14%
HD	A	0.96%	0.84%	0.84%
HON	B	0.35%	0.32%	0.32%
IBM	C	0.45%	0.39%	0.39%
ICE	C	0.21%	0.19%	0.19%
INTC	D	0.25%	0.25%	0.25%
INTU	C	0.45%	0.4%	0.4%
ISRG	A	0.44%	0.4%	0.4%
ITW	B	0.19%	0.16%	0.16%
JCI	C	0.13%	0.12%	0.12%
JNJ	D	0.88%	0.77%	0.77%
JPM	A	1.67%	1.59%	1.59%
KDP	D	0.08%	0.07%	0.07%
KHC	F	0.07%	0.05%	0.05%
KKR	A	0.24%	0.22%	0.22%
KLAC	D	0.2%	0.2%	0.2%
KMB	D	0.11%	0.09%	0.09%
KO	D	0.57%	0.52%	0.52%
LIN	D	0.51%	0.47%	0.47%
LLY	F	1.42%	1.38%	1.38%
LMT	D	0.27%	0.24%	0.24%
LRCX	F	0.22%	0.22%	0.22%
LULU	C	0.09%	0.08%	0.08%
MA	C	1.03%	0.89%	0.89%
MCK	B	0.19%	0.18%	0.18%
MCO	B	0.18%	0.16%	0.16%
MDLZ	F	0.21%	0.18%	0.18%
MDT	D	0.27%	0.24%	0.24%
MET	A	0.12%	0.11%	0.11%
META	D	2.89%	2.71%	2.71%
MMC	B	0.26%	0.23%	0.23%
MMM	D	0.17%	0.16%	0.16%
MNST	C	0.09%	0.08%	0.08%
MO	A	0.23%	0.2%	0.2%
MPC	D	0.13%	0.13%	0.13%
MRK	F	0.58%	0.54%	0.54%
MRNA	F	0.03%	0.03%	0.03%
MS	A	0.37%	0.37%	0.37%
MSFT	F	7.35%	6.58%	6.58%
MSI	B	0.19%	0.18%	0.18%
MU	D	0.25%	0.25%	0.25%
NEE	D	0.37%	0.31%	0.31%
NFLX	A	0.84%	0.78%	0.78%
NKE	D	0.22%	0.2%	0.2%
NOC	D	0.16%	0.15%	0.15%
NOW	A	0.49%	0.44%	0.44%
NSC	B	0.14%	0.13%	0.13%
NVDA	C	7.91%	7.76%	7.76%
OXY	D	0.08%	0.08%	0.08%
PANW	C	0.28%	0.28%	0.28%
PCAR	B	0.14%	0.13%	0.13%
PEP	F	0.52%	0.47%	0.47%
PG	A	0.95%	0.82%	0.82%
PGR	A	0.36%	0.32%	0.32%
PH	A	0.21%	0.19%	0.19%
PLD	D	0.25%	0.22%	0.22%
PM	B	0.48%	0.41%	0.41%
PNC	B	0.2%	0.18%	0.18%
PSA	D	0.13%	0.11%	0.11%
PSX	C	0.13%	0.13%	0.13%
PYPL	B	0.21%	0.2%	0.2%
QCOM	F	0.43%	0.41%	0.41%
REGN	F	0.19%	0.18%	0.18%
ROP	B	0.14%	0.13%	0.13%
RSG	A	0.1%	0.09%	0.09%
RTX	C	0.38%	0.34%	0.34%
SCHW	B	0.29%	0.26%	0.26%
SHW	A	0.21%	0.19%	0.19%
SLB	C	0.15%	0.14%	0.14%
SNPS	B	0.19%	0.19%	0.19%
SO	D	0.23%	0.19%	0.19%
SPGI	C	0.38%	0.34%	0.34%
SRE	A	0.14%	0.12%	0.12%
STZ	D	0.09%	0.08%	0.08%
SYK	C	0.34%	0.27%	0.27%
T	A	0.39%	0.31%	0.31%
TFC	A	0.15%	0.14%	0.14%
TGT	F	0.17%	0.16%	0.16%
TJX	A	0.32%	0.28%	0.28%
TMO	F	0.47%	0.43%	0.43%
TMUS	B	0.27%	0.26%	0.26%
TRV	B	0.14%	0.12%	0.12%
TT	A	0.22%	0.2%	0.2%
TXN	C	0.44%	0.42%	0.42%
UBER	D	0.35%	0.33%	0.33%
UNH	C	1.3%	1.15%	1.15%
UNP	C	0.34%	0.31%	0.31%
UPS	C	0.23%	0.2%	0.2%
USB	A	0.19%	0.17%	0.17%
V	A	1.16%	0.99%	0.99%
VLO	C	0.11%	0.11%	0.11%
VRTX	F	0.29%	0.27%	0.27%
VZ	C	0.42%	0.34%	0.34%
WELL	A	0.2%	0.16%	0.16%
WFC	A	0.62%	0.58%	0.58%
WM	A	0.21%	0.17%	0.17%
WMT	A	0.87%	0.74%	0.74%
XOM	B	1.27%	1.22%	1.22%
ZTS	D	0.19%	0.16%	0.16%

IWL Overweight 26 Positions Relative to QVML

Symbol	Grade	Weight
GOOGL	C	2.41%
TSLA	B	2.12%
ORCL	B	0.69%
MCD	D	0.5%
LOW	D	0.37%
AMGN	D	0.36%
PFE	D	0.33%
SBUX	A	0.27%
BMY	B	0.27%
BA	F	0.23%
AMT	D	0.22%
EQIX	A	0.2%
APO	B	0.2%
MRVL	B	0.18%
ORLY	B	0.17%
APD	A	0.17%
CRH	A	0.16%
TDG	D	0.16%
MAR	B	0.15%
DASH	A	0.14%
WDAY	B	0.13%
NEM	D	0.11%
DELL	C	0.09%
TEAM	A	0.09%
SNOW	C	0.09%
EL	F	0.03%

IWL Underweight 276 Positions Relative to QVML

Symbol	Grade	Weight
WMB	A	-0.15%
OKE	A	-0.14%
URI	B	-0.13%
SPG	B	-0.13%
NXPI	D	-0.13%
AJG	B	-0.13%
DLR	B	-0.12%
RCL	A	-0.12%
AMP	A	-0.12%
BK	A	-0.12%
AFL	B	-0.12%
GWW	B	-0.11%
ALL	A	-0.11%
CMI	A	-0.11%
KMI	A	-0.11%
BKR	B	-0.1%
PAYX	C	-0.1%
AME	A	-0.1%
FAST	B	-0.1%
DFS	B	-0.1%
ROST	C	-0.1%
PRU	A	-0.1%
VST	B	-0.1%
O	D	-0.1%
FIS	C	-0.1%
LHX	C	-0.1%
DHI	D	-0.1%
PWR	A	-0.1%
ODFL	B	-0.09%
KR	B	-0.09%
COR	B	-0.09%
CTSH	B	-0.09%
CHTR	C	-0.09%
VRSK	A	-0.09%
IT	C	-0.09%
CTVA	C	-0.09%
EA	A	-0.09%
IR	B	-0.09%
PEG	A	-0.09%
LEN	D	-0.09%
KVUE	A	-0.09%
TRGP	B	-0.09%
AXON	A	-0.09%
HES	B	-0.09%
PCG	A	-0.09%
HWM	A	-0.09%
WAB	B	-0.08%
GIS	D	-0.08%
GLW	B	-0.08%
DD	D	-0.08%
XEL	A	-0.08%
HUM	C	-0.08%
EXC	C	-0.08%
MTB	A	-0.08%
MCHP	D	-0.08%
FANG	D	-0.08%
MLM	B	-0.08%
SYY	B	-0.08%
ACGL	D	-0.08%
NUE	C	-0.08%
IQV	D	-0.08%
CBRE	B	-0.08%
A	D	-0.08%
VMC	B	-0.08%
DAL	C	-0.08%
ETR	B	-0.07%
XYL	D	-0.07%
AVB	B	-0.07%
ON	D	-0.07%
NDAQ	A	-0.07%
ED	D	-0.07%
VICI	C	-0.07%
EIX	B	-0.07%
GRMN	B	-0.07%
HPE	B	-0.07%
WTW	B	-0.07%
RMD	C	-0.07%
DOW	F	-0.07%
EFX	F	-0.07%
FITB	A	-0.07%
CNC	D	-0.07%
HPQ	B	-0.07%
GEHC	F	-0.07%
IDXX	F	-0.07%
ROK	B	-0.07%
EXR	D	-0.07%
HIG	B	-0.07%
TYL	B	-0.06%
HBAN	A	-0.06%
ADM	D	-0.06%
CPAY	A	-0.06%
BRO	B	-0.06%
BR	A	-0.06%
TROW	B	-0.06%
UAL	A	-0.06%
PHM	D	-0.06%
FTV	C	-0.06%
KEYS	A	-0.06%
DVN	F	-0.06%
DOV	A	-0.06%
SW	A	-0.06%
SYF	B	-0.06%
DECK	A	-0.06%
GDDY	A	-0.06%
TSCO	D	-0.06%
MPWR	F	-0.06%
CAH	B	-0.06%
HAL	C	-0.06%
WEC	A	-0.06%
CSGP	D	-0.06%
NVR	D	-0.06%
STT	A	-0.06%
PPG	F	-0.06%
ANSS	B	-0.06%
GPN	B	-0.06%
TTWO	A	-0.06%
EBAY	D	-0.06%
RJF	A	-0.06%
LH	C	-0.05%
K	A	-0.05%
PKG	A	-0.05%
ES	D	-0.05%
STE	F	-0.05%
WY	D	-0.05%
LYB	F	-0.05%
STLD	B	-0.05%
BLDR	D	-0.05%
NTRS	A	-0.05%
TDY	B	-0.05%
CFG	B	-0.05%
IFF	D	-0.05%
VLTO	D	-0.05%
AEE	A	-0.05%
WAT	B	-0.05%
LDOS	C	-0.05%
CINF	A	-0.05%
HUBB	B	-0.05%
PTC	A	-0.05%
VTR	C	-0.05%
PPL	B	-0.05%
CCL	B	-0.05%
ZBH	C	-0.05%
EQR	B	-0.05%
EXPE	B	-0.05%
DTE	C	-0.05%
WBD	C	-0.05%
AWK	D	-0.05%
NTAP	C	-0.05%
CDW	F	-0.05%
WST	C	-0.05%
RF	A	-0.05%
HSY	F	-0.05%
EQT	B	-0.05%
CHD	B	-0.05%
EG	C	-0.04%
CF	B	-0.04%
GEN	B	-0.04%
ARE	D	-0.04%
TER	D	-0.04%
EXPD	D	-0.04%
DLTR	F	-0.04%
TXT	D	-0.04%
ULTA	F	-0.04%
DG	F	-0.04%
FOXA	B	-0.04%
PNR	A	-0.04%
MAS	D	-0.04%
DGX	A	-0.04%
MRO	B	-0.04%
MAA	B	-0.04%
BBY	D	-0.04%
MOH	F	-0.04%
MKC	D	-0.04%
IEX	B	-0.04%
GPC	D	-0.04%
HOLX	D	-0.04%
FDS	B	-0.04%
J	F	-0.04%
CNP	B	-0.04%
BALL	D	-0.04%
WRB	A	-0.04%
TSN	B	-0.04%
PFG	D	-0.04%
ESS	B	-0.04%
KEY	B	-0.04%
SNA	A	-0.04%
LUV	C	-0.04%
CMS	C	-0.04%
INVH	D	-0.04%
FSLR	F	-0.04%
CTRA	B	-0.04%
DRI	B	-0.04%
NRG	B	-0.04%
IP	B	-0.04%
CBOE	B	-0.04%
ZBRA	B	-0.04%
FE	C	-0.04%
OMC	C	-0.04%
WDC	D	-0.04%
ATO	A	-0.04%
DAY	B	-0.03%
AIZ	A	-0.03%
GNRC	B	-0.03%
REG	B	-0.03%
EMN	D	-0.03%
JKHY	D	-0.03%
ALLE	D	-0.03%
UHS	D	-0.03%
JNPR	F	-0.03%
INCY	C	-0.03%
HST	C	-0.03%
CAG	D	-0.03%
TPR	B	-0.03%
UDR	B	-0.03%
BG	F	-0.03%
CPT	B	-0.03%
CHRW	C	-0.03%
KMX	B	-0.03%
SWK	D	-0.03%
POOL	C	-0.03%
EPAM	C	-0.03%
AKAM	D	-0.03%
EVRG	A	-0.03%
ROL	B	-0.03%
FFIV	B	-0.03%
RVTY	F	-0.03%
SWKS	F	-0.03%
DOC	D	-0.03%
LNT	A	-0.03%
JBHT	C	-0.03%
AMCR	D	-0.03%
BAX	D	-0.03%
NWSA	B	-0.03%
L	A	-0.03%
NI	A	-0.03%
VTRS	A	-0.03%
APTV	D	-0.03%
ALGN	D	-0.03%
KIM	A	-0.03%
AVY	D	-0.03%
JBL	B	-0.03%
FMC	D	-0.02%
MHK	D	-0.02%
CE	F	-0.02%
DVA	B	-0.02%
FRT	B	-0.02%
RL	B	-0.02%
HII	D	-0.02%
IVZ	B	-0.02%
CZR	F	-0.02%
BWA	D	-0.02%
CPB	D	-0.02%
SMCI	F	-0.02%
SOLV	C	-0.02%
TFX	F	-0.02%
HSIC	B	-0.02%
AOS	F	-0.02%
HRL	D	-0.02%
GL	B	-0.02%
MKTX	D	-0.02%
MOS	F	-0.02%
APA	D	-0.02%
MGM	D	-0.02%
CRL	C	-0.02%
PAYC	B	-0.02%
PNW	B	-0.02%
LKQ	D	-0.02%
NCLH	B	-0.02%
BXP	D	-0.02%
TAP	C	-0.02%
LW	C	-0.02%
IPG	D	-0.02%
PARA	C	-0.01%
BEN	C	-0.01%
WBA	F	-0.01%
QRVO	F	-0.01%