QOWZ vs. LVOL ETF Comparison

Comparison of Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ) to American Century Low Volatility ETF (LVOL)

QOWZ

Invesco Nasdaq Free Cash Flow Achievers ETF

QOWZ Description

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, Nasdaq, Inc. compiles, maintains and calculates the underlying index, which is designed to track the performance of U.S.-listed companies with continuous and stable growth in free cash flow. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.42

Average Daily Volume

2,129

Number of Holdings ^*

* may have additional holdings in another (foreign) market

LVOL

American Century Low Volatility ETF

LVOL Description

The investment seeks capital appreciation. The fund generally invests in common stocks of U.S. companies that have a market capitalization greater than $2 billion. It seeks to deliver a lower realized portfolio volatility than its benchmark, the S&P 500® Index, by utilizing a stock selection process that expands on traditional measures of price volatility by including measures of asymmetric volatility and seeking securities of businesses that demonstrate consistent cash-flows, stable operations, and strong balance sheets. The fund is an actively managed ETF that does not seek to replicate the performance of a specified index.

Grade (RS Rating)

Last Trade

$56.41

Average Daily Volume

251

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QOWZ	LVOL
30 Days	5.41%	3.81%
60 Days	6.62%	4.48%
90 Days	9.07%	5.85%
12 Months		23.67%

14 Overlapping Holdings

Symbol	Grade	Weight in QOWZ	Weight in LVOL	Overlap
ADP	B	2.54%	0.31%	0.31%
APH	B	2.15%	1.91%	1.91%
CRM	B	4.17%	0.51%	0.51%
CTAS	B	2.22%	1.82%	1.82%
FAST	B	1.8%	0.55%	0.55%
INTU	C	2.93%	1.43%	1.43%
MA	B	4.45%	2.62%	2.62%
NOW	B	3.39%	0.35%	0.35%
PAYX	B	1.76%	1.29%	1.29%
PTC	A	1.23%	1.26%	1.23%
ROP	B	1.78%	0.75%	0.75%
RSG	A	1.91%	1.03%	1.03%
TDY	B	1.24%	0.67%	0.67%
VRSN	F	1.07%	0.18%	0.18%

QOWZ Overweight 36 Positions Relative to LVOL

Symbol	Grade	Weight
NVDA	C	11.37%
META	D	6.77%
AVGO	D	5.27%
UNH	B	4.65%
ADBE	C	2.88%
TMO	F	2.67%
MAR	A	2.24%
CDNS	B	2.22%
FTNT	C	2.15%
COF	B	2.15%
KMI	B	2.12%
FICO	B	2.07%
KLAC	F	1.75%
WBD	C	1.41%
MCHP	F	1.25%
NVR	D	1.24%
ROL	B	1.21%
WST	C	1.19%
OC	B	1.14%
MTD	F	1.1%
MKC	D	1.09%
MANH	C	1.07%
POOL	C	0.98%
AYI	B	0.94%
BECN	B	0.79%
RMBS	C	0.73%
QLYS	C	0.72%
WTS	B	0.68%
THO	B	0.67%
LFUS	D	0.63%
CVCO	B	0.62%
PRGS	A	0.54%
TTGT	C	0.32%
RDUS	C	0.27%
SLP	D	0.21%
DLHC	F	0.11%

QOWZ Underweight 84 Positions Relative to LVOL

Symbol	Grade	Weight
MSFT	D	-7.55%
AAPL	B	-7.14%
V	A	-3.19%
AMZN	C	-2.81%
PG	A	-2.68%
CSCO	A	-2.62%
BRK.A	B	-2.51%
ACN	B	-2.46%
LIN	D	-2.44%
HD	A	-2.42%
GOOGL	C	-2.38%
JNJ	D	-2.14%
MMC	A	-1.84%
COST	B	-1.78%
MDT	D	-1.64%
SPGI	C	-1.53%
MRK	F	-1.45%
CTSH	B	-1.44%
ABT	B	-1.35%
HON	B	-1.31%
DOX	D	-1.21%
BSX	C	-1.12%
FI	A	-1.03%
PEP	F	-1.0%
SHW	A	-0.97%
ECL	D	-0.91%
MSI	C	-0.89%
WMT	B	-0.87%
GD	F	-0.87%
CL	D	-0.87%
MCO	A	-0.85%
WM	A	-0.85%
ITW	A	-0.8%
DOV	A	-0.78%
ADSK	B	-0.78%
EA	C	-0.77%
GOOG	C	-0.75%
AMP	B	-0.71%
LOW	C	-0.68%
HIG	B	-0.66%
CB	D	-0.64%
BLK	C	-0.63%
SYK	C	-0.58%
PSA	C	-0.57%
GWW	A	-0.55%
NDSN	B	-0.55%
KMB	C	-0.53%
MCD	D	-0.52%
VRSK	A	-0.46%
IT	C	-0.45%
YUM	B	-0.43%
IBM	C	-0.42%
SNA	A	-0.41%
CMCSA	C	-0.41%
NTAP	C	-0.39%
OTIS	C	-0.38%
PH	A	-0.36%
IEX	B	-0.32%
BR	A	-0.3%
BMY	B	-0.27%
PKG	B	-0.25%
ABBV	D	-0.25%
AVB	B	-0.24%
CMI	A	-0.24%
ZBH	C	-0.22%
HOLX	D	-0.21%
BKNG	B	-0.2%
KO	D	-0.19%
FDS	B	-0.18%
MNST	B	-0.18%
AVY	D	-0.18%
MDLZ	F	-0.18%
MAS	C	-0.18%
FFIV	A	-0.16%
TROW	A	-0.16%
MSCI	C	-0.16%
HLT	A	-0.15%
JKHY	D	-0.14%
AMGN	D	-0.13%
CW	B	-0.12%
GGG	B	-0.08%
LSTR	B	-0.08%
DCI	A	-0.08%
CHE	D	-0.07%