QVML vs. FELV ETF Comparison

Comparison of Invesco S&P 500 QVM Multi-factor ETF (QVML) to Fidelity Enhanced Large Cap Value ETF (FELV)
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
FELV

Fidelity Enhanced Large Cap Value ETF

FELV Description The fund will normally invest at least 80% of assets in common stocks included in the Russell 1000® Value Index, which is a market capitalization-weighted index designed to measure the performance of the large-cap value segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.

Grade (RS Rating)

Last Trade

$32.56

Average Daily Volume

106,908

Number of Holdings *

332

* may have additional holdings in another (foreign) market
Performance
Period QVML FELV
30 Days 2.51% 4.38%
60 Days 4.26% 5.85%
90 Days 5.72% 7.57%
12 Months 32.76% 29.90%
212 Overlapping Holdings
Symbol Grade Weight in QVML Weight in FELV Overlap
A D 0.08% 0.09% 0.08%
AAPL C 7.12% 0.19% 0.19%
ABBV D 0.64% 0.85% 0.64%
ABT B 0.41% 0.54% 0.41%
ACN C 0.47% 0.34% 0.34%
ADBE C 0.49% 0.37% 0.37%
ADI D 0.23% 0.04% 0.04%
ADM D 0.06% 0.1% 0.06%
ADP B 0.26% 0.1% 0.1%
AEP D 0.1% 0.08% 0.08%
AIZ A 0.03% 0.11% 0.03%
ALL A 0.11% 0.19% 0.11%
ALLE D 0.03% 0.54% 0.03%
AMAT F 0.34% 0.42% 0.34%
AMD F 0.47% 0.02% 0.02%
AME A 0.1% 0.26% 0.1%
AMZN C 3.94% 0.08% 0.08%
ANSS B 0.06% 0.01% 0.01%
AON A 0.17% 0.59% 0.17%
AVGO D 1.61% 0.12% 0.12%
AXP A 0.35% 0.2% 0.2%
BAC A 0.69% 1.77% 0.69%
BBY D 0.04% 0.15% 0.04%
BDX F 0.14% 0.74% 0.14%
BK A 0.12% 0.63% 0.12%
BKR B 0.1% 0.1% 0.1%
BLDR D 0.05% 0.01% 0.01%
BLK C 0.32% 0.37% 0.32%
BRK.A B 1.87% 3.64% 1.87%
BSX B 0.27% 0.19% 0.19%
C A 0.3% 0.48% 0.3%
CAH B 0.06% 0.3% 0.06%
CAT B 0.42% 0.54% 0.42%
CCL B 0.05% 0.13% 0.05%
CEG D 0.16% 0.17% 0.16%
CI F 0.2% 0.6% 0.2%
CINF A 0.05% 0.22% 0.05%
CL D 0.16% 0.54% 0.16%
CMCSA B 0.37% 1.13% 0.37%
CME A 0.17% 0.57% 0.17%
CMG B 0.17% 0.07% 0.07%
CMI A 0.11% 0.34% 0.11%
CNC D 0.07% 0.23% 0.07%
CNP B 0.04% 0.15% 0.04%
COF B 0.16% 0.47% 0.16%
COP C 0.31% 0.56% 0.31%
CRM B 0.69% 0.22% 0.22%
CSCO B 0.51% 1.07% 0.51%
CSGP D 0.06% 0.04% 0.04%
CSX B 0.15% 0.34% 0.15%
CTAS B 0.15% 0.43% 0.15%
CTRA B 0.04% 0.05% 0.04%
CVS D 0.15% 0.3% 0.15%
CVX A 0.63% 0.53% 0.53%
DD D 0.08% 0.48% 0.08%
DFS B 0.1% 0.05% 0.05%
DGX A 0.04% 0.01% 0.01%
DHI D 0.1% 0.03% 0.03%
DHR F 0.33% 0.17% 0.17%
DIS B 0.43% 0.8% 0.43%
DOC D 0.03% 0.22% 0.03%
DTE C 0.05% 0.19% 0.05%
DUK C 0.18% 0.28% 0.18%
DVN F 0.06% 0.34% 0.06%
EA A 0.09% 0.11% 0.09%
ECL D 0.13% 0.5% 0.13%
ED D 0.07% 0.22% 0.07%
EIX B 0.07% 0.17% 0.07%
ELV F 0.2% 0.11% 0.11%
EOG A 0.18% 0.53% 0.18%
EQR B 0.05% 0.17% 0.05%
ES D 0.05% 0.13% 0.05%
ETN A 0.31% 0.76% 0.31%
EVRG A 0.03% 0.35% 0.03%
EW C 0.09% 0.06% 0.06%
EXC C 0.08% 0.24% 0.08%
F C 0.1% 0.33% 0.1%
FANG D 0.08% 0.09% 0.08%
FTV C 0.06% 0.33% 0.06%
GD F 0.14% 0.14% 0.14%
GE D 0.43% 1.05% 0.43%
GEHC F 0.07% 0.16% 0.07%
GEV B 0.18% 0.28% 0.18%
GILD C 0.24% 0.92% 0.24%
GIS D 0.08% 0.05% 0.05%
GL B 0.02% 0.28% 0.02%
GLW B 0.08% 0.01% 0.01%
GPN B 0.06% 0.09% 0.06%
GRMN B 0.07% 0.11% 0.07%
GS A 0.43% 0.34% 0.34%
HAL C 0.06% 0.13% 0.06%
HD A 0.84% 0.45% 0.45%
HON B 0.32% 0.08% 0.08%
HPE B 0.07% 0.21% 0.07%
HUM C 0.08% 0.14% 0.08%
HWM A 0.09% 0.12% 0.09%
IBM C 0.39% 0.27% 0.27%
ICE C 0.19% 0.18% 0.18%
IFF D 0.05% 0.08% 0.05%
INCY C 0.03% 0.22% 0.03%
INTC D 0.25% 0.85% 0.25%
IQV D 0.08% 0.17% 0.08%
ITW B 0.16% 0.12% 0.12%
JCI C 0.12% 0.21% 0.12%
JNJ D 0.77% 1.02% 0.77%
JPM A 1.59% 2.93% 1.59%
KEY B 0.04% 0.18% 0.04%
KHC F 0.05% 0.12% 0.05%
KLAC D 0.2% 0.03% 0.03%
KMB D 0.09% 0.14% 0.09%
KMI A 0.11% 0.24% 0.11%
KR B 0.09% 0.31% 0.09%
L A 0.03% 0.35% 0.03%
LDOS C 0.05% 0.47% 0.05%
LH C 0.05% 0.08% 0.05%
LHX C 0.1% 0.45% 0.1%
LIN D 0.47% 0.46% 0.46%
LMT D 0.24% 0.64% 0.24%
MA C 0.89% 0.28% 0.28%
MCK B 0.18% 0.09% 0.09%
MDLZ F 0.18% 0.06% 0.06%
MDT D 0.24% 0.4% 0.24%
META D 2.71% 0.21% 0.21%
MGM D 0.02% 0.21% 0.02%
MKC D 0.04% 0.08% 0.04%
MMC B 0.23% 0.38% 0.23%
MMM D 0.16% 0.6% 0.16%
MO A 0.2% 0.28% 0.2%
MS A 0.37% 0.54% 0.37%
MSI B 0.18% 0.2% 0.18%
MU D 0.25% 0.86% 0.25%
NEE D 0.31% 0.81% 0.31%
NFLX A 0.78% 0.19% 0.19%
NOC D 0.15% 0.63% 0.15%
NSC B 0.13% 0.57% 0.13%
NTAP C 0.05% 0.12% 0.05%
NUE C 0.08% 0.34% 0.08%
NVDA C 7.76% 0.17% 0.17%
NWSA B 0.03% 0.06% 0.03%
OXY D 0.08% 0.15% 0.08%
PCAR B 0.13% 0.39% 0.13%
PCG A 0.09% 0.39% 0.09%
PEG A 0.09% 0.1% 0.09%
PFG D 0.04% 0.16% 0.04%
PG A 0.82% 1.24% 0.82%
PGR A 0.32% 0.35% 0.32%
PH A 0.19% 0.12% 0.12%
PHM D 0.06% 0.01% 0.01%
PKG A 0.05% 0.13% 0.05%
PM B 0.41% 1.31% 0.41%
PNC B 0.18% 0.7% 0.18%
PNR A 0.04% 0.19% 0.04%
PPG F 0.06% 0.57% 0.06%
PRU A 0.1% 0.17% 0.1%
PSA D 0.11% 0.52% 0.11%
PYPL B 0.2% 0.79% 0.2%
QCOM F 0.41% 0.5% 0.41%
QRVO F 0.01% 0.11% 0.01%
RCL A 0.12% 0.15% 0.12%
REG B 0.03% 0.07% 0.03%
RJF A 0.06% 0.03% 0.03%
ROP B 0.13% 0.01% 0.01%
ROST C 0.1% 0.11% 0.1%
RSG A 0.09% 0.66% 0.09%
RTX C 0.34% 0.7% 0.34%
SCHW B 0.26% 0.88% 0.26%
SO D 0.19% 0.12% 0.12%
SOLV C 0.02% 0.12% 0.02%
SPG B 0.13% 0.18% 0.13%
SPGI C 0.34% 0.63% 0.34%
STLD B 0.05% 0.33% 0.05%
STT A 0.06% 0.15% 0.06%
SWKS F 0.03% 0.13% 0.03%
SYF B 0.06% 0.03% 0.03%
SYK C 0.27% 0.26% 0.26%
T A 0.31% 1.02% 0.31%
TAP C 0.02% 0.16% 0.02%
TFC A 0.14% 0.24% 0.14%
TFX F 0.02% 0.03% 0.02%
TGT F 0.16% 0.01% 0.01%
TJX A 0.28% 0.28% 0.28%
TMO F 0.43% 0.73% 0.43%
TMUS B 0.26% 0.56% 0.26%
TPR B 0.03% 0.1% 0.03%
TRGP B 0.09% 0.09% 0.09%
TROW B 0.06% 0.13% 0.06%
TRV B 0.12% 0.28% 0.12%
TT A 0.2% 0.52% 0.2%
TXN C 0.42% 0.16% 0.16%
TXT D 0.04% 0.53% 0.04%
UAL A 0.06% 0.03% 0.03%
UHS D 0.03% 0.12% 0.03%
UNH C 1.15% 1.57% 1.15%
UNP C 0.31% 0.75% 0.31%
UPS C 0.2% 0.06% 0.06%
VICI C 0.07% 0.25% 0.07%
VLTO D 0.05% 0.04% 0.04%
VMC B 0.08% 0.28% 0.08%
VRTX F 0.27% 0.09% 0.09%
VST B 0.1% 0.07% 0.07%
VZ C 0.34% 0.68% 0.34%
WAB B 0.08% 0.45% 0.08%
WBD C 0.05% 0.09% 0.05%
WDC D 0.04% 0.14% 0.04%
WFC A 0.58% 1.22% 0.58%
WM A 0.17% 0.25% 0.17%
WMB A 0.15% 0.12% 0.12%
WMT A 0.74% 1.76% 0.74%
WTW B 0.07% 0.26% 0.07%
XEL A 0.08% 0.25% 0.08%
XOM B 1.22% 2.51% 1.22%
ZBRA B 0.04% 0.32% 0.04%
QVML Overweight 235 Positions Relative to FELV
Symbol Grade Weight
MSFT F 6.58%
GOOG C 4.33%
LLY F 1.38%
V A 0.99%
COST B 0.85%
MRK F 0.54%
KO D 0.52%
PEP F 0.47%
NOW A 0.44%
ISRG A 0.4%
INTU C 0.4%
BKNG A 0.36%
UBER D 0.33%
PANW C 0.28%
BX A 0.27%
FI A 0.26%
CB C 0.25%
PLD D 0.22%
LRCX F 0.22%
KKR A 0.22%
ANET C 0.21%
DE A 0.21%
APH A 0.2%
NKE D 0.2%
SHW A 0.19%
SNPS B 0.19%
CDNS B 0.18%
REGN F 0.18%
CRWD B 0.18%
USB A 0.17%
WELL A 0.16%
ZTS D 0.16%
MCO B 0.16%
EMR A 0.16%
FDX B 0.15%
GM B 0.15%
OKE A 0.14%
ADSK A 0.14%
FCX D 0.14%
HCA F 0.14%
SLB C 0.14%
URI B 0.13%
FTNT C 0.13%
ABNB C 0.13%
PSX C 0.13%
CARR D 0.13%
MPC D 0.13%
NXPI D 0.13%
AJG B 0.13%
AZO C 0.12%
DLR B 0.12%
AMP A 0.12%
SRE A 0.12%
AFL B 0.12%
VLO C 0.11%
MET A 0.11%
GWW B 0.11%
CPRT A 0.11%
AIG B 0.11%
D C 0.1%
PAYX C 0.1%
FAST B 0.1%
O D 0.1%
FIS C 0.1%
PWR A 0.1%
ODFL 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%
IR B 0.09%
LEN D 0.09%
KVUE A 0.09%
AXON A 0.09%
HES B 0.09%
MTB A 0.08%
MCHP D 0.08%
MNST C 0.08%
STZ D 0.08%
MLM B 0.08%
SYY B 0.08%
LULU C 0.08%
ACGL D 0.08%
CBRE 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%
RMD C 0.07%
DOW F 0.07%
EFX F 0.07%
FITB A 0.07%
HPQ B 0.07%
IDXX F 0.07%
ROK B 0.07%
KDP D 0.07%
EXR D 0.07%
HIG B 0.07%
TYL B 0.06%
HBAN A 0.06%
CPAY A 0.06%
BRO B 0.06%
BR A 0.06%
KEYS A 0.06%
DOV A 0.06%
SW A 0.06%
DECK A 0.06%
GDDY A 0.06%
TSCO D 0.06%
MPWR F 0.06%
WEC A 0.06%
NVR D 0.06%
TTWO A 0.06%
EBAY D 0.06%
K A 0.05%
STE F 0.05%
WY D 0.05%
LYB F 0.05%
NTRS A 0.05%
TDY B 0.05%
CFG B 0.05%
AEE A 0.05%
WAT B 0.05%
HUBB B 0.05%
PTC A 0.05%
VTR C 0.05%
PPL B 0.05%
ZBH C 0.05%
EXPE B 0.05%
AWK D 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%
ULTA F 0.04%
DG F 0.04%
FOXA B 0.04%
MAS D 0.04%
MRO B 0.04%
MAA B 0.04%
MOH F 0.04%
IEX B 0.04%
GPC D 0.04%
HOLX D 0.04%
FDS B 0.04%
J F 0.04%
BALL D 0.04%
WRB A 0.04%
TSN B 0.04%
ESS B 0.04%
SNA A 0.04%
LUV C 0.04%
CMS C 0.04%
INVH D 0.04%
FSLR F 0.04%
DRI B 0.04%
NRG B 0.04%
IP B 0.04%
CBOE B 0.04%
FE C 0.04%
OMC C 0.04%
ATO A 0.04%
DAY B 0.03%
GNRC B 0.03%
EMN D 0.03%
JKHY D 0.03%
JNPR F 0.03%
MRNA F 0.03%
HST C 0.03%
CAG D 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%
ROL B 0.03%
FFIV B 0.03%
RVTY F 0.03%
LNT A 0.03%
JBHT C 0.03%
AMCR D 0.03%
BAX D 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%
HSIC B 0.02%
AOS F 0.02%
HRL D 0.02%
MKTX D 0.02%
MOS F 0.02%
APA 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%
LW C 0.02%
IPG D 0.02%
PARA C 0.01%
BEN C 0.01%
WBA F 0.01%
QVML Underweight 120 Positions Relative to FELV
Symbol Grade Weight
PFE D -0.85%
BMY B -0.84%
SQ B -0.7%
CVNA B -0.62%
SEIC B -0.58%
CCI D -0.57%
ZM B -0.52%
SSNC B -0.5%
CACI D -0.46%
DBX B -0.42%
UNM A -0.38%
IGT F -0.36%
EXEL B -0.35%
TPH D -0.35%
BRX A -0.35%
LPX B -0.33%
TWLO A -0.3%
BIIB F -0.3%
FR C -0.28%
MCD D -0.28%
VEEV C -0.28%
TOL B -0.28%
ANF C -0.28%
TDC D -0.27%
CLX B -0.25%
GAP C -0.25%
SEE C -0.25%
FLS B -0.25%
Z A -0.22%
DOCU A -0.22%
OC A -0.22%
SKYW B -0.21%
VMI B -0.2%
EQIX A -0.2%
USFD A -0.19%
FTI A -0.19%
MSCI C -0.19%
ITT A -0.18%
TMHC B -0.18%
ZG A -0.18%
LNW D -0.17%
MKL A -0.17%
ACA A -0.17%
QGEN D -0.16%
MEDP D -0.16%
CCK C -0.16%
AES F -0.16%
ILMN D -0.15%
JXN C -0.15%
AMGN D -0.15%
AMT D -0.14%
WDAY B -0.13%
EEFT B -0.12%
BLD D -0.11%
ENS D -0.11%
BCC B -0.11%
AMH D -0.11%
BMRN D -0.11%
ADTN A -0.1%
CRC B -0.1%
MHO D -0.1%
CNO A -0.09%
MTDR B -0.09%
KD B -0.09%
ACT D -0.09%
CRUS D -0.09%
TENB C -0.08%
DASH A -0.08%
DELL C -0.08%
BBWI D -0.08%
ALRM C -0.08%
BYD C -0.07%
LYFT C -0.07%
LOW D -0.07%
WCC B -0.07%
NWL B -0.06%
LEG F -0.06%
ARW D -0.06%
VSTS C -0.06%
OGE B -0.06%
NMRK B -0.06%
TRMB B -0.05%
SAM C -0.05%
FHI A -0.05%
GLPI C -0.05%
CW B -0.05%
PLTK B -0.05%
NEM D -0.05%
AM A -0.04%
INGR B -0.04%
VAC B -0.04%
HL D -0.04%
CWEN C -0.04%
BKH A -0.04%
CTRE D -0.04%
AXTA A -0.03%
MSA D -0.03%
RGA A -0.03%
EXTR B -0.03%
WS B -0.03%
ALKS B -0.03%
NWS B -0.03%
MATX C -0.03%
CWEN C -0.02%
AYI B -0.02%
SWI B -0.02%
OKTA C -0.02%
OGN D -0.02%
BERY B -0.02%
ITRI B -0.02%
BIO D -0.02%
WOOF D -0.02%
MWA B -0.01%
TNL A -0.01%
FTDR A -0.01%
MUR D -0.01%
CXT B -0.01%
AXS A -0.01%
SON D -0.01%
M D -0.01%
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