QVML vs. AUSF ETF Comparison

Comparison of Invesco S&P 500 QVM Multi-factor ETF (QVML) to Global X Adaptive U.S. Factor ETF (AUSF)

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

AUSF

Global X Adaptive U.S. Factor ETF

AUSF Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Adaptive Wealth Strategies U.S. Factor Index (the "index"). The fund invests at least 80% of its total assets in the securities of the index. Its 80% investment policy is non-fundamental and requires 60 days prior written notice to shareholders before it can be changed. The index is designed to dynamically allocate across three sub-indices that provide exposure to U.S. equities that exhibit characteristics of one of three primary factors: value, momentum and low volatility. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$44.62

Average Daily Volume

36,554

Number of Holdings ^*

190

* may have additional holdings in another (foreign) market

Performance

Period	QVML	AUSF
30 Days	2.51%	4.22%
60 Days	4.26%	5.67%
90 Days	5.72%	7.18%
12 Months	32.76%	33.52%

121 Overlapping Holdings

Symbol	Grade	Weight in QVML	Weight in AUSF	Overlap
AAPL	C	7.12%	0.1%	0.1%
ABBV	D	0.64%	0.14%	0.14%
ADM	D	0.06%	0.47%	0.06%
ADP	B	0.26%	1.43%	0.26%
AFL	B	0.12%	0.1%	0.1%
AJG	B	0.13%	0.07%	0.07%
AKAM	D	0.03%	0.06%	0.03%
AME	A	0.1%	0.09%	0.09%
ATO	A	0.04%	0.07%	0.04%
BBY	D	0.04%	0.46%	0.04%
BDX	F	0.14%	0.08%	0.08%
BEN	C	0.01%	0.53%	0.01%
BG	F	0.03%	0.49%	0.03%
BR	A	0.06%	0.84%	0.06%
BRK.A	B	1.87%	1.5%	1.5%
BSX	B	0.27%	1.54%	0.27%
BWA	D	0.02%	0.48%	0.02%
C	A	0.3%	0.53%	0.3%
CAG	D	0.03%	0.45%	0.03%
CAH	B	0.06%	0.08%	0.06%
CB	C	0.25%	0.08%	0.08%
CBOE	B	0.04%	0.94%	0.04%
CE	F	0.02%	0.29%	0.02%
CFG	B	0.05%	0.55%	0.05%
CHD	B	0.05%	0.12%	0.05%
CI	F	0.2%	0.08%	0.08%
CL	D	0.16%	0.07%	0.07%
CMCSA	B	0.37%	0.51%	0.37%
CME	A	0.17%	1.39%	0.17%
CNC	D	0.07%	0.5%	0.07%
COR	B	0.09%	1.51%	0.09%
COST	B	0.85%	0.12%	0.12%
CSCO	B	0.51%	1.41%	0.51%
CVS	D	0.15%	0.49%	0.15%
CVX	A	0.63%	0.09%	0.09%
DGX	A	0.04%	0.07%	0.04%
DOW	F	0.07%	0.42%	0.07%
DUK	C	0.18%	0.1%	0.1%
EA	A	0.09%	1.43%	0.09%
ECL	D	0.13%	0.07%	0.07%
ED	D	0.07%	0.08%	0.07%
EMN	D	0.03%	0.47%	0.03%
FE	C	0.04%	0.07%	0.04%
FI	A	0.26%	0.08%	0.08%
FMC	D	0.02%	0.45%	0.02%
GD	F	0.14%	1.33%	0.14%
GDDY	A	0.06%	0.1%	0.06%
GM	B	0.15%	0.52%	0.15%
GRMN	B	0.07%	0.13%	0.07%
HBAN	A	0.06%	0.55%	0.06%
HIG	B	0.07%	0.08%	0.07%
HII	D	0.02%	0.42%	0.02%
HOLX	D	0.04%	0.08%	0.04%
HON	B	0.32%	0.07%	0.07%
HPE	B	0.07%	0.54%	0.07%
HPQ	B	0.07%	0.52%	0.07%
HST	C	0.03%	0.49%	0.03%
IBM	C	0.39%	1.37%	0.39%
ICE	C	0.19%	1.41%	0.19%
INTC	D	0.25%	0.54%	0.25%
IP	B	0.04%	0.59%	0.04%
JNJ	D	0.77%	1.34%	0.77%
JNPR	F	0.03%	1.36%	0.03%
K	A	0.05%	0.07%	0.05%
KHC	F	0.05%	0.43%	0.05%
KMB	D	0.09%	0.07%	0.07%
KMI	A	0.11%	0.66%	0.11%
KO	D	0.52%	1.03%	0.52%
KR	B	0.09%	0.12%	0.09%
L	A	0.03%	0.07%	0.03%
LDOS	C	0.05%	0.1%	0.05%
LIN	D	0.47%	1.35%	0.47%
LMT	D	0.24%	1.4%	0.24%
LYB	F	0.05%	0.46%	0.05%
MA	C	0.89%	0.08%	0.08%
MCK	B	0.18%	0.09%	0.09%
MDLZ	F	0.18%	0.07%	0.07%
MDT	D	0.24%	0.45%	0.24%
MMC	B	0.23%	1.42%	0.23%
MO	A	0.2%	0.65%	0.2%
MOS	F	0.02%	0.48%	0.02%
MRK	F	0.54%	1.0%	0.54%
MSI	B	0.18%	0.09%	0.09%
NOC	D	0.15%	0.08%	0.08%
OKE	A	0.14%	0.58%	0.14%
PCAR	B	0.13%	0.52%	0.13%
PEP	F	0.47%	0.66%	0.47%
PG	A	0.82%	0.83%	0.82%
PGR	A	0.32%	0.18%	0.18%
PKG	A	0.05%	0.09%	0.05%
PNW	B	0.02%	0.09%	0.02%
REGN	F	0.18%	0.05%	0.05%
RF	A	0.05%	0.55%	0.05%
ROP	B	0.13%	0.07%	0.07%
RSG	A	0.09%	1.56%	0.09%
RTX	C	0.34%	1.4%	0.34%
SNA	A	0.04%	0.1%	0.04%
SO	D	0.19%	0.12%	0.12%
SOLV	C	0.02%	0.47%	0.02%
SWKS	F	0.03%	0.43%	0.03%
SYF	B	0.06%	0.58%	0.06%
T	A	0.31%	1.9%	0.31%
TAP	C	0.02%	0.53%	0.02%
TJX	A	0.28%	0.08%	0.08%
TMUS	B	0.26%	1.59%	0.26%
TPR	B	0.03%	0.63%	0.03%
TRV	B	0.12%	0.12%	0.12%
UNH	C	1.15%	0.08%	0.08%
V	A	0.99%	1.51%	0.99%
VICI	C	0.07%	0.48%	0.07%
VRSK	A	0.09%	0.1%	0.09%
VRTX	F	0.27%	0.07%	0.07%
VTRS	A	0.03%	0.56%	0.03%
VZ	C	0.34%	1.83%	0.34%
WBA	F	0.01%	0.43%	0.01%
WELL	A	0.16%	0.07%	0.07%
WM	A	0.17%	1.38%	0.17%
WMB	A	0.15%	0.1%	0.1%
WMT	A	0.74%	1.56%	0.74%
WRB	A	0.04%	0.09%	0.04%
XOM	B	1.22%	0.08%	0.08%

QVML Overweight 326 Positions Relative to AUSF

Symbol	Grade	Weight
NVDA	C	7.76%
MSFT	F	6.58%
GOOG	C	4.33%
AMZN	C	3.94%
META	D	2.71%
AVGO	D	1.61%
JPM	A	1.59%
LLY	F	1.38%
HD	A	0.84%
NFLX	A	0.78%
BAC	A	0.69%
CRM	B	0.69%
WFC	A	0.58%
ADBE	C	0.49%
ACN	C	0.47%
AMD	F	0.47%
NOW	A	0.44%
TMO	F	0.43%
DIS	B	0.43%
GE	D	0.43%
GS	A	0.43%
TXN	C	0.42%
CAT	B	0.42%
QCOM	F	0.41%
ABT	B	0.41%
PM	B	0.41%
ISRG	A	0.4%
INTU	C	0.4%
MS	A	0.37%
BKNG	A	0.36%
AXP	A	0.35%
SPGI	C	0.34%
AMAT	F	0.34%
UBER	D	0.33%
DHR	F	0.33%
BLK	C	0.32%
COP	C	0.31%
UNP	C	0.31%
NEE	D	0.31%
ETN	A	0.31%
PANW	C	0.28%
SYK	C	0.27%
BX	A	0.27%
SCHW	B	0.26%
MU	D	0.25%
GILD	C	0.24%
ADI	D	0.23%
PLD	D	0.22%
LRCX	F	0.22%
KKR	A	0.22%
ANET	C	0.21%
DE	A	0.21%
PYPL	B	0.2%
APH	A	0.2%
TT	A	0.2%
KLAC	D	0.2%
UPS	C	0.2%
ELV	F	0.2%
NKE	D	0.2%
SHW	A	0.19%
SNPS	B	0.19%
PH	A	0.19%
CDNS	B	0.18%
EOG	A	0.18%
GEV	B	0.18%
PNC	B	0.18%
CRWD	B	0.18%
AON	A	0.17%
CMG	B	0.17%
USB	A	0.17%
TGT	F	0.16%
CEG	D	0.16%
ITW	B	0.16%
COF	B	0.16%
MMM	D	0.16%
ZTS	D	0.16%
MCO	B	0.16%
EMR	A	0.16%
FDX	B	0.15%
CSX	B	0.15%
CTAS	B	0.15%
ADSK	A	0.14%
TFC	A	0.14%
FCX	D	0.14%
HCA	F	0.14%
SLB	C	0.14%
URI	B	0.13%
SPG	B	0.13%
FTNT	C	0.13%
ABNB	C	0.13%
NSC	B	0.13%
PSX	C	0.13%
CARR	D	0.13%
MPC	D	0.13%
NXPI	D	0.13%
AZO	C	0.12%
DLR	B	0.12%
RCL	A	0.12%
AMP	A	0.12%
SRE	A	0.12%
BK	A	0.12%
JCI	C	0.12%
PSA	D	0.11%
VLO	C	0.11%
MET	A	0.11%
GWW	B	0.11%
ALL	A	0.11%
CMI	A	0.11%
CPRT	A	0.11%
AIG	B	0.11%
D	C	0.1%
BKR	B	0.1%
PAYX	C	0.1%
FAST	B	0.1%
F	C	0.1%
DFS	B	0.1%
ROST	C	0.1%
PRU	A	0.1%
AEP	D	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%
EW	C	0.09%
CTSH	B	0.09%
CHTR	C	0.09%
IT	C	0.09%
CTVA	C	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%
MNST	C	0.08%
STZ	D	0.08%
FANG	D	0.08%
MLM	B	0.08%
SYY	B	0.08%
OXY	D	0.08%
LULU	C	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%
EIX	B	0.07%
WTW	B	0.07%
RMD	C	0.07%
EFX	F	0.07%
FITB	A	0.07%
GEHC	F	0.07%
IDXX	F	0.07%
ROK	B	0.07%
KDP	D	0.07%
EXR	D	0.07%
TYL	B	0.06%
CPAY	A	0.06%
BRO	B	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%
DECK	A	0.06%
TSCO	D	0.06%
MPWR	F	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%
ES	D	0.05%
STE	F	0.05%
WY	D	0.05%
STLD	B	0.05%
BLDR	D	0.05%
NTRS	A	0.05%
TDY	B	0.05%
IFF	D	0.05%
VLTO	D	0.05%
AEE	A	0.05%
WAT	B	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%
HSY	F	0.05%
EQT	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%
MRO	B	0.04%
MAA	B	0.04%
MOH	F	0.04%
MKC	D	0.04%
IEX	B	0.04%
GPC	D	0.04%
FDS	B	0.04%
J	F	0.04%
CNP	B	0.04%
BALL	D	0.04%
TSN	B	0.04%
PFG	D	0.04%
ESS	B	0.04%
KEY	B	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%
ZBRA	B	0.04%
OMC	C	0.04%
WDC	D	0.04%
DAY	B	0.03%
AIZ	A	0.03%
GNRC	B	0.03%
REG	B	0.03%
JKHY	D	0.03%
ALLE	D	0.03%
UHS	D	0.03%
INCY	C	0.03%
MRNA	F	0.03%
UDR	B	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%
EVRG	A	0.03%
ROL	B	0.03%
FFIV	B	0.03%
RVTY	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%
NI	A	0.03%
APTV	D	0.03%
ALGN	D	0.03%
KIM	A	0.03%
AVY	D	0.03%
JBL	B	0.03%
MHK	D	0.02%
DVA	B	0.02%
FRT	B	0.02%
RL	B	0.02%
IVZ	B	0.02%
CZR	F	0.02%
CPB	D	0.02%
SMCI	F	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%
APA	D	0.02%
MGM	D	0.02%
CRL	C	0.02%
PAYC	B	0.02%
LKQ	D	0.02%
NCLH	B	0.02%
BXP	D	0.02%
LW	C	0.02%
IPG	D	0.02%
PARA	C	0.01%
QRVO	F	0.01%

QVML Underweight 69 Positions Relative to AUSF

Symbol	Grade	Weight
EDR	A	-1.32%
ACI	C	-1.29%
DOX	D	-1.25%
DTM	B	-0.7%
MCD	D	-0.7%
UNM	A	-0.65%
MARA	C	-0.62%
FHN	A	-0.57%
WBS	A	-0.57%
UMBF	B	-0.56%
ZION	B	-0.56%
FNB	A	-0.56%
CMA	A	-0.55%
WHR	B	-0.55%
ONB	B	-0.55%
ABG	B	-0.55%
AL	B	-0.55%
PB	A	-0.55%
COLB	A	-0.55%
UBSI	B	-0.55%
LAD	A	-0.55%
LBRDK	C	-0.54%
OZK	B	-0.54%
CADE	B	-0.54%
PVH	C	-0.53%
ALLY	C	-0.52%
LNC	B	-0.52%
AM	A	-0.52%
NOV	C	-0.52%
BCC	B	-0.51%
CIVI	D	-0.51%
SLG	B	-0.51%
CNH	C	-0.51%
CHRD	D	-0.5%
CHE	D	-0.5%
JXN	C	-0.5%
DINO	D	-0.49%
NXST	C	-0.49%
AGNC	D	-0.49%
STWD	C	-0.49%
QGEN	D	-0.49%
SNX	C	-0.48%
X	C	-0.48%
CRBG	B	-0.48%
UGI	A	-0.48%
RDN	C	-0.48%
AVT	C	-0.48%
KRC	C	-0.47%
SON	D	-0.47%
HOG	D	-0.47%
TDG	D	-0.47%
M	D	-0.47%
RPRX	D	-0.47%
GAP	C	-0.47%
RNR	C	-0.47%
WU	D	-0.46%
LEA	D	-0.44%
PFE	D	-0.43%
ARW	D	-0.43%
OGN	D	-0.42%
YUM	B	-0.26%
CACI	D	-0.18%
TW	A	-0.14%
ORI	A	-0.1%
ATR	B	-0.09%
INGR	B	-0.08%
VRSN	F	-0.08%
CTLT	B	-0.07%
AMGN	D	-0.07%