QUAL vs. BMVP ETF Comparison

Comparison of iShares MSCI USA Quality Factor ETF (QUAL) to Invesco Bloomberg MVP Multi-factor ETF (BMVP)

QUAL

iShares MSCI USA Quality Factor ETF

QUAL Description

The investment seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with quality characteristics as identified through certain fundamental metrics. The fund seeks to track the investment results of the MSCI USA Quality Index (the "underlying index"), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks. It generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$182.08

Average Daily Volume

890,900

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

BMVP

Invesco Bloomberg MVP Multi-factor ETF

BMVP Description

The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index seeks to include the 50 securities with the strongest momentum, most muted volatility, most inexpensive valuations, and highest profitability based on an aggregated sector-neutral "MVP" score. Stocks are selected from the top of each sector and size category in a manner designed to produce an index with sector and size dispersion similar to the overall broad market.

Grade (RS Rating)

Last Trade

$49.83

Average Daily Volume

1,002

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QUAL	BMVP
30 Days	0.39%	2.61%
60 Days	2.37%	4.64%
90 Days	2.96%	6.04%
12 Months	30.38%	33.23%

17 Overlapping Holdings

Symbol	Grade	Weight in QUAL	Weight in BMVP	Overlap
AAPL	C	5.44%	1.78%	1.78%
ADP	A	1.75%	1.98%	1.75%
AMP	A	0.33%	2.2%	0.33%
BBY	D	0.29%	1.65%	0.29%
COST	A	2.55%	1.88%	1.88%
GWW	B	0.59%	2.09%	0.59%
LMT	D	1.08%	1.68%	1.08%
MCO	B	0.53%	1.84%	0.53%
MMC	B	0.74%	1.83%	0.74%
MMM	D	0.5%	1.75%	0.5%
NTAP	C	0.21%	1.75%	0.21%
NVR	D	0.52%	1.69%	0.52%
OMC	C	0.1%	1.72%	0.1%
PHM	D	0.43%	1.65%	0.43%
SHW	B	0.57%	1.83%	0.57%
TJX	A	2.03%	1.88%	1.88%
UNH	B	2.81%	1.86%	1.86%

QUAL Overweight 106 Positions Relative to BMVP

Symbol	Grade	Weight
NVDA	B	6.93%
MSFT	D	4.5%
V	A	4.5%
MA	B	4.22%
META	D	4.09%
LLY	F	3.42%
JNJ	C	2.15%
GOOGL	C	1.77%
ADBE	C	1.76%
NFLX	A	1.76%
CSCO	B	1.74%
COP	C	1.73%
ACN	B	1.67%
GOOG	C	1.55%
KO	D	1.43%
NKE	F	1.41%
CAT	B	1.4%
TXN	C	1.34%
CMG	B	1.26%
AMAT	F	1.17%
QCOM	F	1.15%
LIN	C	1.14%
PEP	F	1.1%
BLK	B	0.99%
SRE	A	0.93%
SLB	C	0.89%
KLAC	F	0.77%
ANET	C	0.73%
ITW	B	0.73%
LRCX	F	0.73%
PLD	F	0.71%
DHI	F	0.7%
PEG	A	0.69%
LULU	C	0.66%
VRTX	D	0.62%
CTAS	B	0.6%
CDNS	B	0.58%
TPL	A	0.58%
PSA	C	0.55%
CME	B	0.52%
SNPS	B	0.51%
ZTS	D	0.51%
ED	C	0.5%
APH	A	0.5%
PAYX	B	0.49%
DECK	A	0.49%
GRMN	B	0.48%
TSCO	D	0.43%
AFL	B	0.42%
FAST	B	0.42%
ATO	A	0.4%
APD	A	0.35%
CBRE	B	0.35%
ODFL	C	0.34%
ULTA	F	0.31%
IDXX	F	0.3%
WSM	C	0.29%
FERG	B	0.28%
ACGL	C	0.26%
CSGP	D	0.26%
AVB	B	0.24%
EW	C	0.24%
ROK	C	0.22%
POOL	C	0.22%
EQT	B	0.22%
VLTO	C	0.21%
MNST	C	0.21%
MANH	D	0.2%
EA	A	0.2%
A	D	0.2%
APA	D	0.19%
TROW	B	0.19%
MPWR	F	0.18%
EQR	C	0.18%
EME	A	0.17%
RMD	C	0.17%
LPLA	A	0.17%
VEEV	C	0.16%
PPG	F	0.15%
HSY	F	0.15%
KEYS	A	0.15%
CBOE	C	0.14%
WAT	C	0.13%
ROL	B	0.12%
WSO	A	0.12%
WST	C	0.12%
FDS	B	0.12%
EXPD	C	0.12%
GGG	B	0.11%
PKG	A	0.1%
ERIE	D	0.09%
RS	B	0.09%
MOH	F	0.09%
JKHY	D	0.09%
AVY	F	0.08%
PAYC	B	0.08%
UTHR	C	0.08%
SEIC	B	0.07%
MKTX	D	0.07%
ENPH	F	0.06%
SMCI	F	0.06%
AOS	F	0.06%
AFG	A	0.06%
SOLV	D	0.05%
IPG	D	0.05%
WBA	F	0.03%

QUAL Underweight 36 Positions Relative to BMVP

Symbol	Grade	Weight
TRGP	A	-2.44%
LNG	A	-2.17%
FI	A	-2.16%
ETR	B	-2.08%
HON	C	-2.04%
EOG	A	-2.01%
MSI	B	-2.0%
CAH	B	-1.98%
FOXA	A	-1.98%
SPG	A	-1.96%
COR	B	-1.96%
AXP	A	-1.95%
WTW	B	-1.95%
BRO	B	-1.95%
WMT	A	-1.92%
T	A	-1.9%
HIG	B	-1.85%
HD	B	-1.85%
PGR	A	-1.85%
SSNC	B	-1.82%
LDOS	C	-1.81%
RTX	D	-1.8%
IRM	C	-1.78%
SYY	D	-1.77%
EIX	B	-1.77%
VICI	C	-1.75%
GD	D	-1.75%
KMB	C	-1.73%
FE	C	-1.72%
IBM	C	-1.71%
CI	D	-1.71%
BAH	F	-1.69%
AMCR	C	-1.66%
LYB	F	-1.59%
ABBV	F	-1.54%
ELV	F	-1.42%