QVMM vs. FTLS ETF Comparison

Comparison of Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM) to First Trust Long/Short Equity (FTLS)
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
FTLS

First Trust Long/Short Equity

FTLS Description The investment seeks to provide investors with long-term total return. Under normal circumstances, at least 80% of the fund's assets (plus the amount of any borrowing for investment purposes) will be exposed to U.S. exchange-listed equity securities of U.S. and foreign companies by investing in such securities directly and/or in U.S. exchange-traded funds ("ETFs") that provide exposure to such securities. It may invest up to 20% of its net assets (plus the amount of any borrowing for investment purposes) in U.S. exchange-listed equity index futures contracts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$65.59

Average Daily Volume

128,344

Number of Holdings *

384

* may have additional holdings in another (foreign) market
Performance
Period QVMM FTLS
30 Days 4.70% 1.17%
60 Days 6.17% 4.53%
90 Days 6.60% 3.65%
12 Months 31.35% 20.51%
70 Overlapping Holdings
Symbol Grade Weight in QVMM Weight in FTLS Overlap
ALLY C 0.46% 0.29% 0.29%
AM A 0.19% 0.11% 0.11%
AVNT B 0.18% 0.07% 0.07%
AYI B 0.36% 0.29% 0.29%
AZTA D 0.09% -0.03% -0.03%
BJ A 0.42% 0.47% 0.42%
BURL B 0.61% -0.03% -0.03%
BWXT B 0.44% -0.2% -0.2%
CBSH B 0.31% 0.13% 0.13%
CBT D 0.22% 0.13% 0.13%
CCK D 0.38% 0.29% 0.29%
CLH C 0.46% -0.03% -0.03%
COHR B 0.49% -0.02% -0.02%
COLB B 0.24% 0.19% 0.19%
COTY F 0.1% -0.02% -0.02%
CROX D 0.24% 0.44% 0.24%
CSL C 0.8% 0.6% 0.6%
DLB B 0.16% -0.06% -0.06%
ENS F 0.15% -0.02% -0.02%
EPR C 0.12% 0.08% 0.08%
ESNT F 0.22% 0.09% 0.09%
EWBC A 0.55% 0.25% 0.25%
EXEL B 0.35% 0.19% 0.19%
EXP B 0.38% 0.35% 0.35%
FFIN B 0.19% -0.04% -0.04%
GATX A 0.2% -0.04% -0.04%
GBCI B 0.25% 0.09% 0.09%
HAE C 0.17% -0.11% -0.11%
HQY A 0.31% -0.13% -0.13%
HRB D 0.29% 0.19% 0.19%
IBOC B 0.14% -0.02% -0.02%
JAZZ B 0.3% 0.31% 0.3%
KD B 0.24% -0.02% -0.02%
KMPR A 0.16% 0.08% 0.08%
KNSL B 0.4% 0.22% 0.22%
KRG B 0.21% 0.11% 0.11%
LANC C 0.13% 0.08% 0.08%
LOPE C 0.18% 0.1% 0.1%
LPX B 0.26% 0.31% 0.26%
MAT D 0.24% -0.08% -0.08%
MMS F 0.19% 0.1% 0.1%
MSA F 0.24% -0.06% -0.06%
MSM C 0.15% 0.2% 0.15%
MTG C 0.24% 0.12% 0.12%
NEOG F 0.11% -0.03% -0.03%
NSA C 0.1% 0.1% 0.1%
OPCH D 0.13% 0.11% 0.11%
ORI A 0.35% 0.15% 0.15%
OSK C 0.28% -0.03% -0.03%
PNFP B 0.37% 0.17% 0.17%
PPC C 0.08% 0.11% 0.08%
PRI B 0.38% 0.15% 0.15%
R B 0.28% -0.09% -0.09%
RLI A 0.25% 0.08% 0.08%
SAIA B 0.45% -0.02% -0.02%
SAM C 0.1% 0.21% 0.1%
SFM A 0.52% 0.16% 0.16%
SIGI C 0.22% 0.13% 0.13%
SLGN A 0.16% -0.03% -0.03%
SSB B 0.3% -0.07% -0.07%
TCBI C 0.14% 0.11% 0.11%
THG A 0.21% 0.1% 0.1%
THO B 0.23% 0.18% 0.18%
TOL B 0.59% 0.65% 0.59%
TTC C 0.34% 0.31% 0.31%
UBSI B 0.21% 0.08% 0.08%
UMBF B 0.19% 0.16% 0.16%
VAL F 0.12% -0.06% -0.06%
VNT C 0.24% -0.07% -0.07%
VVV D 0.21% -0.1% -0.1%
QVMM Overweight 282 Positions Relative to FTLS
Symbol Grade Weight
TPL A 0.99%
EME A 0.84%
LII A 0.73%
IBKR A 0.71%
XPO B 0.68%
RS B 0.66%
UTHR C 0.64%
OC A 0.63%
RPM A 0.61%
RBA A 0.61%
WSO A 0.61%
MANH D 0.6%
FIX A 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%
USFD A 0.54%
ACM B 0.54%
GGG B 0.54%
CASY A 0.52%
CW C 0.51%
TXRH B 0.49%
AVTR F 0.49%
PFGC B 0.49%
RNR C 0.48%
DKS D 0.47%
GLPI C 0.47%
ITT A 0.47%
JEF A 0.47%
UNM A 0.47%
BMRN F 0.47%
NBIX C 0.46%
RRX B 0.46%
LECO C 0.46%
NVT B 0.46%
OVV B 0.44%
BLD D 0.44%
SF B 0.44%
JLL D 0.44%
SCI B 0.43%
ATR B 0.42%
FHN A 0.42%
AMH C 0.42%
FND D 0.41%
WPC C 0.41%
LAD A 0.41%
CACI D 0.4%
LAMR C 0.4%
DUOL A 0.4%
WBS A 0.39%
EVR B 0.39%
TTEK F 0.39%
AIT B 0.38%
CIEN C 0.38%
AA A 0.38%
CUBE C 0.37%
WWD C 0.37%
DTM A 0.36%
TPX B 0.36%
EHC B 0.36%
SNX D 0.35%
HLI A 0.35%
MUSA B 0.35%
WING D 0.34%
GMED A 0.34%
DCI B 0.34%
WTRG B 0.34%
OHI C 0.34%
ZION B 0.34%
WCC B 0.34%
WMS F 0.34%
INGR C 0.34%
FLR B 0.34%
ARMK B 0.34%
NYT D 0.33%
CHDN B 0.33%
AFG A 0.33%
FBIN D 0.33%
RGLD C 0.33%
KNX C 0.33%
AAON B 0.33%
AXTA B 0.33%
CFR B 0.33%
RBC A 0.33%
GPK C 0.32%
AR B 0.32%
CHRD D 0.32%
BRBR A 0.32%
PCTY C 0.32%
CR A 0.32%
MORN B 0.32%
KBR F 0.32%
REXR F 0.32%
X B 0.32%
WTFC A 0.32%
MTZ B 0.31%
SNV C 0.31%
CHE D 0.31%
UFPI C 0.31%
CNM D 0.31%
ONTO F 0.31%
SKX D 0.3%
PR B 0.3%
FLS B 0.3%
BRX A 0.3%
SSD F 0.29%
OGE A 0.29%
SEIC B 0.29%
ANF F 0.29%
EGP D 0.29%
GME C 0.29%
RRC B 0.29%
MEDP D 0.29%
LNW F 0.29%
KEX B 0.28%
WH B 0.28%
MIDD C 0.28%
CVLT B 0.28%
BERY C 0.28%
DAR C 0.28%
PB B 0.28%
CMC B 0.27%
G B 0.27%
TREX C 0.27%
VOYA B 0.27%
RGEN D 0.27%
ESAB C 0.27%
ALV C 0.27%
MTDR B 0.27%
TMHC C 0.27%
ADC A 0.26%
GXO B 0.26%
VMI B 0.26%
CGNX D 0.26%
MASI B 0.26%
LSCC D 0.26%
HALO F 0.26%
CADE B 0.26%
NNN C 0.26%
H B 0.26%
MTSI B 0.26%
ONB C 0.26%
RYAN A 0.26%
EXLS B 0.26%
GNTX C 0.26%
WEX D 0.26%
DINO D 0.25%
FR D 0.25%
WFRD D 0.25%
FCN F 0.25%
NOV C 0.25%
STAG D 0.24%
LFUS D 0.24%
LSTR D 0.24%
OLED F 0.24%
FNB A 0.23%
DOCS C 0.23%
CHX C 0.23%
FAF A 0.23%
ARW D 0.23%
NOVT D 0.23%
WHR B 0.23%
VNO C 0.23%
LEA F 0.22%
FYBR C 0.22%
RMBS B 0.22%
ALTR B 0.22%
PVH C 0.22%
JHG B 0.22%
STWD C 0.22%
AMG B 0.22%
SAIC F 0.22%
CLF F 0.22%
WTS B 0.21%
HOMB A 0.21%
CNX A 0.21%
KBH D 0.21%
COKE C 0.21%
QLYS B 0.2%
BRKR D 0.2%
BC C 0.2%
HWC B 0.2%
SLM A 0.2%
CRUS D 0.2%
IDA A 0.2%
LNTH D 0.2%
AGCO D 0.2%
MUR D 0.19%
OLN F 0.19%
KNF B 0.19%
GAP C 0.19%
BDC C 0.19%
CIVI D 0.19%
NFG A 0.19%
POST C 0.19%
NXST C 0.19%
OZK B 0.19%
ST F 0.19%
BYD B 0.18%
APPF B 0.18%
EXPO D 0.18%
UGI C 0.18%
HXL F 0.18%
SON F 0.18%
TKR D 0.18%
OLLI D 0.18%
AVT C 0.18%
POR C 0.17%
IRT A 0.17%
WMG D 0.17%
SWX B 0.17%
EEFT B 0.17%
ASGN F 0.16%
M F 0.16%
CNO B 0.16%
AN C 0.16%
CELH F 0.16%
CUZ B 0.16%
VLY B 0.16%
NJR A 0.16%
PNM B 0.15%
ASH F 0.15%
HOG D 0.15%
FLO D 0.15%
BKH A 0.15%
ORA B 0.15%
UAA C 0.15%
WLK D 0.15%
KRC B 0.15%
BCO F 0.15%
ASB B 0.15%
NEU D 0.14%
PII F 0.14%
SR A 0.14%
ROIV C 0.14%
ACHC F 0.14%
PRGO C 0.14%
TEX F 0.14%
SBRA C 0.14%
RYN D 0.14%
TNL A 0.14%
OGS A 0.14%
NVST B 0.13%
PBF D 0.13%
PAG B 0.13%
SLAB F 0.13%
WU F 0.13%
ALE A 0.13%
XRAY F 0.13%
VAC 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%
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%
HGV C 0.11%
CXT C 0.1%
RCM A 0.1%
COLM C 0.1%
VC F 0.1%
AMKR D 0.1%
NSP F 0.1%
ENOV C 0.09%
VSH F 0.08%
JWN D 0.08%
IPGP D 0.08%
CRI F 0.07%
CNXC F 0.07%
CPRI F 0.07%
GEF A 0.06%
QVMM Underweight 314 Positions Relative to FTLS
Symbol Grade Weight
AAPL C -7.44%
NVDA B -4.84%
MSFT D -4.45%
AMZN C -2.74%
TMUS B -2.32%
SCHW B -2.26%
C A -2.18%
LOW C -2.16%
ACN B -2.11%
PM B -1.92%
QCOM F -1.88%
JNJ C -1.85%
META D -1.77%
FDX B -1.69%
PH A -1.64%
CME B -1.57%
MO A -1.51%
VLO C -1.43%
GOOGL C -1.4%
MPC D -1.37%
USB A -1.35%
KMI A -1.23%
LNG A -1.19%
CL D -1.17%
GOOG C -1.17%
BRK.A B -1.13%
ILMN C -1.13%
CTAS B -1.09%
AVGO D -1.06%
TRV B -1.05%
TFC A -1.02%
FIS C -1.0%
HPQ B -1.0%
HWM A -0.97%
JPM A -0.93%
ALL A -0.88%
LLY F -0.84%
SYY D -0.83%
FANG C -0.83%
SYF B -0.79%
NTAP C -0.75%
PBR D -0.73%
JBL C -0.73%
TWLO A -0.72%
AFL B -0.7%
RL C -0.67%
EAT A -0.65%
PNR A -0.56%
CF A -0.55%
NVR D -0.55%
INSM C -0.54%
VLTO C -0.49%
MAS D -0.46%
GEN B -0.45%
VRSN C -0.45%
OKTA C -0.45%
ZIM C -0.44%
FLEX B -0.44%
NTRS A -0.42%
GL C -0.41%
NVS F -0.41%
FFIV B -0.4%
VICI C -0.4%
PENN C -0.4%
SWK D -0.4%
CAG F -0.38%
DBX B -0.36%
CRS B -0.34%
SNA A -0.33%
TKO A -0.32%
WRB A -0.32%
PI D -0.27%
ASO F -0.27%
SPYV A -0.26%
SCHV A -0.26%
IWD A -0.26%
CNK C -0.24%
RPRX D -0.23%
AIZ A -0.22%
WHD B -0.21%
ALSN B -0.2%
MGY A -0.2%
UHS D -0.19%
ALKS C -0.17%
GLBE B -0.17%
ADMA B -0.17%
CALM A -0.16%
STNG F -0.16%
TWST F -0.16%
MATX C -0.15%
CRC A -0.15%
SKYW C -0.15%
GM C -0.14%
AXS A -0.14%
CSWI B -0.13%
PAA B -0.13%
GMS B -0.13%
LEG F -0.13%
LOGI D -0.13%
GFF A -0.13%
BFH C -0.13%
FTDR B -0.12%
SMPL B -0.12%
ZWS B -0.12%
VRNA B -0.12%
ENLC A -0.11%
HESM B -0.11%
BFAM D -0.11%
WGO C -0.11%
TBBK B -0.1%
ABM B -0.1%
KFY B -0.09%
PRGS A -0.09%
DBRG F -0.09%
CARG B -0.09%
VCYT B -0.09%
CUBI B -0.09%
LCII C -0.09%
YOU D -0.09%
GRBK D -0.09%
EXTR C -0.09%
RDFN D -0.08%
TXG F -0.08%
BOH B -0.08%
FOLD F -0.08%
PAYO A -0.08%
NMIH C -0.07%
EBC B -0.07%
BCRX D -0.07%
FHB B -0.07%
PBH A -0.07%
PLXS B -0.07%
WMB A -0.07%
REVG C -0.07%
HAYW B -0.07%
AZZ A -0.07%
ICFI F -0.06%
ADUS D -0.06%
WFG C -0.06%
BRC D -0.06%
OTEX F -0.06%
PLMR A -0.06%
AUB B -0.06%
ROIC A -0.06%
SUPN C -0.06%
MQ D -0.06%
COLL F -0.05%
TRMD F -0.05%
GSL F -0.05%
AMPH F -0.05%
CDNA D -0.04%
MYGN F -0.04%
VSAT F --0.01%
VIST B --0.02%
CBU B --0.02%
AMRK F --0.02%
GPRE F --0.02%
RXST F --0.02%
DNB B --0.02%
HLN C --0.02%
RIVN F --0.02%
FRO D --0.02%
HON C --0.02%
LKFN C --0.02%
UWMC D --0.02%
WOLF F --0.02%
AER A --0.02%
NVEE F --0.02%
EA A --0.02%
CVX A --0.02%
RUN F --0.02%
ARM F --0.02%
FSLR F --0.02%
ASPN F --0.02%
BE B --0.03%
UTZ D --0.03%
HHH B --0.03%
PRCT B --0.03%
WMT A --0.03%
PAR A --0.03%
ICHR C --0.03%
CNNE B --0.03%
GE D --0.03%
GKOS B --0.03%
BVN D --0.03%
SDGR C --0.03%
OSIS A --0.03%
NWSA A --0.03%
RDY F --0.03%
PSMT D --0.03%
ARLO C --0.03%
AMRC F --0.03%
TMO F --0.03%
DIOD D --0.03%
FAST B --0.03%
BIRK D --0.03%
AMD F --0.03%
STZ D --0.04%
CTRA B --0.04%
ATEC C --0.04%
CFLT B --0.04%
EQT B --0.04%
ERJ A --0.04%
AMAT F --0.04%
APO B --0.04%
TFIN B --0.04%
MARA B --0.04%
IRTC C --0.04%
CRDO B --0.04%
APPN B --0.04%
ENR B --0.04%
RCL A --0.04%
RH C --0.04%
ALB B --0.04%
LMND B --0.05%
SOFI B --0.05%
AEO F --0.05%
ACVA B --0.05%
ACIW B --0.05%
VRRM F --0.05%
UPST B --0.05%
LYFT C --0.05%
CDW F --0.06%
COP C --0.06%
TTD B --0.06%
ZD B --0.06%
WST C --0.06%
KTOS B --0.07%
MMYT B --0.07%
BA F --0.07%
MUFG B --0.07%
SE A --0.07%
AVY F --0.07%
IDCC B --0.07%
AVAV C --0.07%
HCA F --0.07%
CCOI B --0.08%
NSIT F --0.08%
NXPI D --0.08%
TRMB B --0.09%
DY D --0.09%
STM F --0.1%
GPC D --0.1%
ING F --0.1%
HII F --0.11%
ARGX B --0.11%
KEYS A --0.12%
SLB C --0.12%
BKR A --0.13%
STE D --0.13%
ABT B --0.14%
PKG A --0.15%
NFLX A --0.15%
TM F --0.15%
ASX D --0.15%
INTC C --0.15%
IPG D --0.16%
MU D --0.16%
INFY C --0.16%
GSK F --0.16%
VMC B --0.16%
SYK B --0.17%
EFX F --0.19%
URI C --0.2%
GWRE A --0.2%
FMX F --0.2%
HSBC A --0.21%
PCAR B --0.22%
DEO F --0.22%
CCEP C --0.23%
PANW B --0.25%
KR B --0.25%
TYL B --0.25%
GEHC D --0.26%
PG C --0.26%
SAP B --0.27%
OMC C --0.27%
NSC B --0.27%
BABA D --0.28%
SNPS B --0.29%
MMM D --0.3%
WAT C --0.3%
UL D --0.3%
LMT D --0.32%
ISRG A --0.32%
TSLA B --0.32%
MDLZ F --0.33%
TTWO A --0.33%
NOW A --0.35%
CMI A --0.36%
ZBH C --0.36%
TXN C --0.36%
BK A --0.37%
HDB C --0.38%
UNH B --0.4%
MCD D --0.41%
ASML F --0.41%
ORCL A --0.41%
MSI B --0.43%
XOM B --0.45%
MLM C --0.46%
WM B --0.47%
DE B --0.48%
PNC B --0.51%
GD D --0.52%
VRSK A --0.55%
PAYX B --0.57%
PEP F --0.57%
ETN A --0.58%
LIN C --0.59%
CMCSA B --0.65%
CDNS B --0.69%
APD A --0.7%
DIS B --0.73%
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