QVMM vs. FNX ETF Comparison

Comparison of Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM) to First Trust Mid Cap Core AlphaDEX (FNX)
QVMM

Invesco S&P MidCap 400 QVM Multi-factor ETF

QVMM Description

The investment seeks to track the investment results of the S&P MidCap 400 ® Quality, Value & Momentum Top 90% Multi- Factor Index (the “underlying index”). The fund 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 MidCap 400 ® 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

$30.46

Average Daily Volume

1,049

Number of Holdings *

352

* may have additional holdings in another (foreign) market
FNX

First Trust Mid Cap Core AlphaDEX

FNX Description The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Mid Cap Core Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P MidCap 400(R) Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$123.49

Average Daily Volume

19,262

Number of Holdings *

437

* may have additional holdings in another (foreign) market
Performance
Period QVMM FNX
30 Days 4.70% 5.55%
60 Days 6.17% 6.17%
90 Days 6.60% 7.16%
12 Months 31.35% 34.16%
225 Overlapping Holdings
Symbol Grade Weight in QVMM Weight in FNX Overlap
AAON B 0.33% 0.35% 0.33%
ADC A 0.26% 0.22% 0.22%
AFG A 0.33% 0.15% 0.15%
AGCO D 0.2% 0.21% 0.2%
AIT B 0.38% 0.26% 0.26%
AMG B 0.22% 0.37% 0.22%
AMKR D 0.1% 0.24% 0.1%
AN C 0.16% 0.26% 0.16%
ANF F 0.29% 0.22% 0.22%
AR B 0.32% 0.16% 0.16%
ARMK B 0.34% 0.07% 0.07%
ARW D 0.23% 0.25% 0.23%
ASGN F 0.16% 0.2% 0.16%
ASH F 0.15% 0.25% 0.15%
ATR B 0.42% 0.15% 0.15%
AVNT B 0.18% 0.14% 0.14%
AVT C 0.18% 0.28% 0.18%
AXTA B 0.33% 0.16% 0.16%
AYI B 0.36% 0.17% 0.17%
BC C 0.2% 0.2% 0.2%
BCO F 0.15% 0.28% 0.15%
BDC C 0.19% 0.22% 0.19%
BERY C 0.28% 0.23% 0.23%
BJ A 0.42% 0.08% 0.08%
BKH A 0.15% 0.29% 0.15%
BRBR A 0.32% 0.17% 0.17%
BRX A 0.3% 0.15% 0.15%
BWXT B 0.44% 0.25% 0.25%
BYD B 0.18% 0.32% 0.18%
CACI D 0.4% 0.32% 0.32%
CADE B 0.26% 0.34% 0.26%
CBSH B 0.31% 0.09% 0.09%
CBT D 0.22% 0.28% 0.22%
CCK D 0.38% 0.07% 0.07%
CFR B 0.33% 0.18% 0.18%
CHDN B 0.33% 0.07% 0.07%
CHRD D 0.32% 0.36% 0.32%
CIVI D 0.19% 0.37% 0.19%
CLF F 0.22% 0.25% 0.22%
CLH C 0.46% 0.22% 0.22%
CMC B 0.27% 0.39% 0.27%
CNO B 0.16% 0.32% 0.16%
CNX A 0.21% 0.43% 0.21%
CNXC F 0.07% 0.26% 0.07%
COHR B 0.49% 0.31% 0.31%
COKE C 0.21% 0.33% 0.21%
COLB B 0.24% 0.25% 0.24%
COLM C 0.1% 0.21% 0.1%
COTY F 0.1% 0.05% 0.05%
CROX D 0.24% 0.1% 0.1%
CRUS D 0.2% 0.12% 0.12%
CUBE C 0.37% 0.13% 0.13%
CUZ B 0.16% 0.22% 0.16%
CVLT B 0.28% 0.39% 0.28%
CW C 0.51% 0.31% 0.31%
DAR C 0.28% 0.33% 0.28%
DCI B 0.34% 0.07% 0.07%
DINO D 0.25% 0.35% 0.25%
DKS D 0.47% 0.14% 0.14%
DTM A 0.36% 0.19% 0.19%
DUOL A 0.4% 0.39% 0.39%
EEFT B 0.17% 0.07% 0.07%
EGP D 0.29% 0.07% 0.07%
EHC B 0.36% 0.29% 0.29%
ENS F 0.15% 0.27% 0.15%
ESAB C 0.27% 0.08% 0.08%
ESNT F 0.22% 0.31% 0.22%
EWBC A 0.55% 0.36% 0.36%
EXEL B 0.35% 0.29% 0.29%
EXLS B 0.26% 0.33% 0.26%
EXP B 0.38% 0.3% 0.3%
EXPO D 0.18% 0.12% 0.12%
FAF A 0.23% 0.14% 0.14%
FBIN D 0.33% 0.06% 0.06%
FCN F 0.25% 0.06% 0.06%
FFIN B 0.19% 0.24% 0.19%
FHN A 0.42% 0.28% 0.28%
FIX A 0.59% 0.41% 0.41%
FLO D 0.15% 0.07% 0.07%
FLR B 0.34% 0.08% 0.08%
FLS B 0.3% 0.25% 0.25%
FNB A 0.23% 0.25% 0.23%
FND D 0.41% 0.06% 0.06%
FR D 0.25% 0.07% 0.07%
G B 0.27% 0.33% 0.27%
GAP C 0.19% 0.07% 0.07%
GATX A 0.2% 0.08% 0.08%
GME C 0.29% 0.08% 0.08%
GMED A 0.34% 0.33% 0.33%
GPK C 0.32% 0.14% 0.14%
GXO B 0.26% 0.16% 0.16%
H B 0.26% 0.07% 0.07%
HALO F 0.26% 0.16% 0.16%
HGV C 0.11% 0.16% 0.11%
HLI A 0.35% 0.25% 0.25%
HOG D 0.15% 0.31% 0.15%
HOMB A 0.21% 0.16% 0.16%
HRB D 0.29% 0.2% 0.2%
HWC B 0.2% 0.24% 0.2%
IBKR A 0.71% 0.38% 0.38%
IBOC B 0.14% 0.17% 0.14%
IDA A 0.2% 0.25% 0.2%
INGR C 0.34% 0.29% 0.29%
IRT A 0.17% 0.07% 0.07%
ITT A 0.47% 0.22% 0.22%
JAZZ B 0.3% 0.3% 0.3%
JEF A 0.47% 0.17% 0.17%
JLL D 0.44% 0.07% 0.07%
JWN D 0.08% 0.21% 0.08%
KBH D 0.21% 0.32% 0.21%
KD B 0.24% 0.09% 0.09%
KEX B 0.28% 0.22% 0.22%
KNF B 0.19% 0.38% 0.19%
KNSL B 0.4% 0.07% 0.07%
KNX C 0.33% 0.22% 0.22%
KRC B 0.15% 0.28% 0.15%
KRG B 0.21% 0.07% 0.07%
LAD A 0.41% 0.42% 0.41%
LAMR C 0.4% 0.14% 0.14%
LEA F 0.22% 0.31% 0.22%
LFUS D 0.24% 0.06% 0.06%
LNTH D 0.2% 0.25% 0.2%
LOPE C 0.18% 0.08% 0.08%
LPX B 0.26% 0.23% 0.23%
LSTR D 0.24% 0.07% 0.07%
M F 0.16% 0.28% 0.16%
MAT D 0.24% 0.14% 0.14%
MIDD C 0.28% 0.21% 0.21%
MMS F 0.19% 0.18% 0.18%
MORN B 0.32% 0.08% 0.08%
MSM C 0.15% 0.21% 0.15%
MTDR B 0.27% 0.43% 0.27%
MTG C 0.24% 0.35% 0.24%
MUR D 0.19% 0.35% 0.19%
MUSA B 0.35% 0.08% 0.08%
NFG A 0.19% 0.29% 0.19%
NJR A 0.16% 0.15% 0.15%
NNN C 0.26% 0.06% 0.06%
NOV C 0.25% 0.36% 0.25%
NSP F 0.1% 0.06% 0.06%
NXST C 0.19% 0.28% 0.19%
NYT D 0.33% 0.14% 0.14%
OGE A 0.29% 0.23% 0.23%
OGS A 0.14% 0.29% 0.14%
OHI C 0.34% 0.14% 0.14%
OLLI D 0.18% 0.13% 0.13%
OLN F 0.19% 0.19% 0.19%
ONB C 0.26% 0.16% 0.16%
OPCH D 0.13% 0.05% 0.05%
ORA B 0.15% 0.07% 0.07%
ORI A 0.35% 0.23% 0.23%
OSK C 0.28% 0.39% 0.28%
OVV B 0.44% 0.42% 0.42%
OZK B 0.19% 0.32% 0.19%
PAG B 0.13% 0.21% 0.13%
PB B 0.28% 0.16% 0.16%
PBF D 0.13% 0.36% 0.13%
PCTY C 0.32% 0.08% 0.08%
PFGC B 0.49% 0.15% 0.15%
PII F 0.14% 0.17% 0.14%
PNFP B 0.37% 0.18% 0.18%
PNM B 0.15% 0.23% 0.15%
POR C 0.17% 0.28% 0.17%
POST C 0.19% 0.2% 0.19%
PRGO C 0.14% 0.15% 0.14%
PRI B 0.38% 0.16% 0.16%
PVH C 0.22% 0.36% 0.22%
R B 0.28% 0.32% 0.28%
RBC A 0.33% 0.08% 0.08%
RGLD C 0.33% 0.07% 0.07%
RLI A 0.25% 0.08% 0.08%
RNR C 0.48% 0.34% 0.34%
ROIV C 0.14% 0.07% 0.07%
RRC B 0.29% 0.32% 0.29%
RRX B 0.46% 0.07% 0.07%
RYAN A 0.26% 0.23% 0.23%
RYN D 0.14% 0.13% 0.13%
SAIC F 0.22% 0.06% 0.06%
SBRA C 0.14% 0.21% 0.14%
SCI B 0.43% 0.16% 0.16%
SEIC B 0.29% 0.25% 0.25%
SF B 0.44% 0.09% 0.09%
SFM A 0.52% 0.46% 0.46%
SIGI C 0.22% 0.08% 0.08%
SKX D 0.3% 0.2% 0.2%
SLGN A 0.16% 0.15% 0.15%
SLM A 0.2% 0.23% 0.2%
SNV C 0.31% 0.09% 0.09%
SNX D 0.35% 0.28% 0.28%
SON F 0.18% 0.26% 0.18%
SR A 0.14% 0.29% 0.14%
SSB B 0.3% 0.16% 0.16%
SSD F 0.29% 0.07% 0.07%
STWD C 0.22% 0.07% 0.07%
SWX B 0.17% 0.23% 0.17%
TEX F 0.14% 0.35% 0.14%
THG A 0.21% 0.08% 0.08%
THO B 0.23% 0.22% 0.22%
TKR D 0.18% 0.19% 0.18%
TMHC C 0.27% 0.35% 0.27%
TTC C 0.34% 0.14% 0.14%
TTEK F 0.39% 0.31% 0.31%
TXRH B 0.49% 0.24% 0.24%
UBSI B 0.21% 0.16% 0.16%
UFPI C 0.31% 0.28% 0.28%
UGI C 0.18% 0.35% 0.18%
UMBF B 0.19% 0.17% 0.17%
UNM A 0.47% 0.35% 0.35%
USFD A 0.54% 0.08% 0.08%
VLY B 0.16% 0.24% 0.16%
VMI B 0.26% 0.08% 0.08%
VNO C 0.23% 0.07% 0.07%
VNT C 0.24% 0.24% 0.24%
VOYA B 0.27% 0.15% 0.15%
WBS A 0.39% 0.28% 0.28%
WCC B 0.34% 0.35% 0.34%
WHR B 0.23% 0.3% 0.23%
WING D 0.34% 0.11% 0.11%
WPC C 0.41% 0.19% 0.19%
WTFC A 0.32% 0.26% 0.26%
WTRG B 0.34% 0.22% 0.22%
WTS B 0.21% 0.15% 0.15%
WU F 0.13% 0.2% 0.13%
WWD C 0.37% 0.14% 0.14%
ZION B 0.34% 0.27% 0.27%
QVMM Overweight 127 Positions Relative to FNX
Symbol Grade Weight
TPL A 0.99%
EME A 0.84%
CSL C 0.8%
LII A 0.73%
XPO B 0.68%
RS B 0.66%
UTHR C 0.64%
OC A 0.63%
RPM A 0.61%
BURL B 0.61%
RBA A 0.61%
WSO A 0.61%
MANH D 0.6%
TOL B 0.59%
THC D 0.59%
WSM C 0.59%
PSTG D 0.58%
FNF B 0.57%
RGA A 0.56%
EQH C 0.56%
ACM B 0.54%
GGG B 0.54%
CASY A 0.52%
AVTR F 0.49%
GLPI C 0.47%
BMRN F 0.47%
NBIX C 0.46%
LECO C 0.46%
ALLY C 0.46%
NVT B 0.46%
SAIA B 0.45%
BLD D 0.44%
AMH C 0.42%
EVR B 0.39%
CIEN C 0.38%
AA A 0.38%
TPX B 0.36%
WMS F 0.34%
CR A 0.32%
KBR F 0.32%
REXR F 0.32%
X B 0.32%
MTZ B 0.31%
CHE D 0.31%
HQY A 0.31%
CNM D 0.31%
ONTO F 0.31%
PR B 0.3%
MEDP D 0.29%
LNW F 0.29%
WH B 0.28%
TREX C 0.27%
RGEN D 0.27%
ALV C 0.27%
CGNX D 0.26%
MASI B 0.26%
LSCC D 0.26%
MTSI B 0.26%
GNTX C 0.26%
WEX D 0.26%
GBCI B 0.25%
WFRD D 0.25%
STAG D 0.24%
MSA F 0.24%
OLED F 0.24%
DOCS C 0.23%
CHX C 0.23%
NOVT D 0.23%
FYBR C 0.22%
RMBS B 0.22%
ALTR B 0.22%
JHG B 0.22%
VVV D 0.21%
QLYS B 0.2%
BRKR D 0.2%
AM A 0.19%
ST F 0.19%
APPF B 0.18%
HXL F 0.18%
WMG D 0.17%
HAE C 0.17%
DLB B 0.16%
KMPR A 0.16%
CELH F 0.16%
UAA C 0.15%
WLK D 0.15%
ASB B 0.15%
NEU D 0.14%
ACHC F 0.14%
TNL A 0.14%
TCBI C 0.14%
NVST B 0.13%
LANC C 0.13%
SLAB F 0.13%
ALE A 0.13%
XRAY F 0.13%
VAC C 0.12%
EPR C 0.12%
NWE B 0.12%
SYNA C 0.12%
FHI B 0.12%
PCH F 0.12%
CDP C 0.12%
PK C 0.12%
VAL F 0.12%
GHC B 0.12%
BHF C 0.12%
YETI D 0.12%
LIVN F 0.11%
ZI D 0.11%
GT C 0.11%
WEN D 0.11%
MAN F 0.11%
NEOG F 0.11%
CXT C 0.1%
RCM A 0.1%
VC F 0.1%
NSA C 0.1%
SAM C 0.1%
ENOV C 0.09%
AZTA D 0.09%
VSH F 0.08%
IPGP D 0.08%
PPC C 0.08%
CRI F 0.07%
CPRI F 0.07%
GEF A 0.06%
QVMM Underweight 212 Positions Relative to FNX
Symbol Grade Weight
AFRM A -0.54%
AX B -0.46%
QTWO A -0.43%
NTRA A -0.43%
SFBS C -0.42%
NOG B -0.42%
FOUR A -0.41%
HLNE B -0.41%
CORT B -0.41%
AGO B -0.41%
HP C -0.4%
KTB B -0.4%
SM B -0.4%
CSWI B -0.4%
CRS B -0.4%
MGY A -0.4%
DDS B -0.4%
TOST B -0.4%
TAP C -0.39%
MOG.A B -0.39%
MATX C -0.39%
PTEN C -0.39%
HCC B -0.38%
GPI B -0.38%
COOP B -0.38%
SOFI B -0.38%
AL B -0.38%
ACIW B -0.38%
OTTR C -0.37%
AMR C -0.37%
IOT A -0.37%
ATKR D -0.37%
ADTN A -0.37%
DY D -0.36%
URBN C -0.36%
ENSG C -0.36%
BCC B -0.36%
MDU D -0.36%
MLI B -0.35%
ALSN B -0.35%
RDN D -0.35%
LTH C -0.35%
BWA D -0.34%
MOD A -0.34%
PIPR A -0.34%
DVA C -0.34%
PSN D -0.33%
HIMS B -0.33%
RDNT B -0.33%
RUSHA C -0.33%
TPH D -0.33%
APA D -0.33%
SIG B -0.33%
LBRT D -0.33%
PEGA B -0.33%
FRPT A -0.32%
JXN C -0.32%
LNC C -0.32%
PODD C -0.32%
MHO D -0.32%
LBRDK C -0.32%
ABG C -0.31%
ITRI C -0.31%
MTH D -0.31%
BEN C -0.31%
CRVL B -0.31%
GMS B -0.31%
PNW A -0.3%
ITGR B -0.3%
FMC D -0.3%
GWRE A -0.3%
ATI C -0.3%
ASO F -0.29%
BOOT C -0.29%
TKO A -0.29%
HRI C -0.29%
GBDC D -0.29%
AAP D -0.29%
EVRG A -0.29%
SOLV D -0.28%
BFAM D -0.28%
MOS F -0.28%
BMI B -0.28%
EPRT B -0.28%
NFE D -0.28%
AVAV C -0.28%
HST C -0.28%
EMN C -0.27%
SUM B -0.27%
BECN B -0.27%
DXC B -0.27%
LKQ F -0.27%
NCLH B -0.27%
PLNT A -0.26%
SMG C -0.25%
UHS D -0.25%
TPG A -0.25%
AWI A -0.25%
ALK B -0.25%
OMF A -0.25%
SLG B -0.24%
ABCB B -0.24%
WHD B -0.24%
SANM B -0.24%
MMSI A -0.23%
HASI D -0.23%
TW A -0.23%
AEO F -0.23%
JBL C -0.23%
RL C -0.23%
AXS A -0.23%
PI D -0.23%
CRC A -0.23%
ZETA D -0.23%
RIG D -0.22%
BOX B -0.22%
GL C -0.22%
AUR C -0.22%
FSS B -0.21%
FIVE F -0.21%
ALKS C -0.21%
BBWI C -0.21%
HII F -0.21%
SJM D -0.2%
INSM C -0.2%
IPG D -0.19%
VRNS D -0.19%
CRDO B -0.19%
REYN D -0.19%
IBP D -0.18%
DIOD D -0.18%
DOCU B -0.18%
EPAM B -0.17%
KAI B -0.17%
TPR B -0.17%
RHI C -0.16%
FFIV B -0.16%
ACA A -0.16%
BOKF B -0.16%
S B -0.16%
RUN F -0.16%
AIZ A -0.16%
AUB B -0.16%
ITCI C -0.16%
CMA B -0.16%
UCB A -0.16%
HSIC C -0.15%
REG A -0.15%
AXSM B -0.15%
TMDX F -0.15%
WAL B -0.15%
CNS B -0.15%
MKTX D -0.15%
DNB B -0.15%
SEM B -0.15%
GKOS B -0.15%
MSGS A -0.15%
WYNN C -0.14%
MGM D -0.14%
ALLE C -0.14%
CRL D -0.14%
BPOP C -0.14%
BLKB B -0.14%
DT D -0.14%
AZEK A -0.14%
KFY B -0.14%
FELE B -0.14%
RNA C -0.13%
FUL F -0.13%
WD D -0.13%
MTCH D -0.12%
INSP D -0.12%
UHAL D -0.12%
RARE F -0.11%
OGN F -0.11%
LYFT C -0.1%
AES F -0.1%
CLSK C -0.1%
OWL A -0.09%
RVMD C -0.09%
DAY B -0.09%
MAIN A -0.08%
GOLF B -0.08%
CWST A -0.08%
MARA B -0.08%
WTM A -0.08%
NTNX B -0.08%
ELAN D -0.07%
AGNC C -0.07%
SEE C -0.07%
CPT B -0.07%
BPMC B -0.07%
UDR B -0.07%
CTRE C -0.07%
KMX B -0.07%
BCPC B -0.07%
SKY A -0.07%
ESI B -0.07%
ALIT C -0.07%
RHP B -0.07%
DBX B -0.07%
TFX F -0.06%
U C -0.06%
AOS F -0.06%
HUN F -0.06%
VRRM F -0.06%
TECH F -0.06%
CZR F -0.06%
IAC F -0.06%
PFSI C -0.06%
TNET F -0.06%
NSIT F -0.05%
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