QVMS vs. ANEW ETF Comparison

Comparison of Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS) to ProShares MSCI Transformational Changes ETF (ANEW)
QVMS

Invesco S&P SmallCap 600 QVM Multi-factor ETF

QVMS Description

The investment seeks to track the investment results of the S&P SmallCap 600 ® 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, designed to track the performance of a subset of securities from the S&P SmallCap 600 ® 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

$29.40

Average Daily Volume

453

Number of Holdings *

523

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

ProShares MSCI Transformational Changes ETF

ANEW Description The investment seeks investment results, before fees and expenses, that track the performance of the MSCI Global Transformational Changes Index (the index). The fund seeks to invest substantially all of its assets in the securities included in the index. The index selects companies which may benefit from transformational changes in how people work, take care of their health, and consume and connect (Transformational Changes) - changes accelerated by COVID-19.

Grade (RS Rating)

Last Trade

$46.08

Average Daily Volume

355

Number of Holdings *

124

* may have additional holdings in another (foreign) market
Performance
Period QVMS ANEW
30 Days 9.42% 2.18%
60 Days 8.13% 3.89%
90 Days 8.38% 5.58%
12 Months 32.90% 27.96%
5 Overlapping Holdings
Symbol Grade Weight in QVMS Weight in ANEW Overlap
BL B 0.24% 0.21% 0.21%
CCOI B 0.25% 0.23% 0.23%
MARA C 0.45% 0.17% 0.17%
SMPL B 0.24% 0.48% 0.24%
SXT B 0.26% 0.38% 0.26%
QVMS Overweight 518 Positions Relative to ANEW
Symbol Grade Weight
MLI C 0.84%
CMA A 0.71%
CRS A 0.69%
RHI B 0.59%
JXN C 0.58%
GKOS B 0.56%
ATI D 0.55%
SPSC C 0.54%
VFC C 0.53%
AWI A 0.53%
COOP B 0.51%
MTH D 0.51%
MOG.A B 0.5%
LNC B 0.5%
BMI B 0.5%
AVAV D 0.48%
BCC B 0.47%
FSS B 0.47%
BCPC B 0.47%
ACIW B 0.47%
GPI A 0.46%
ABG B 0.46%
MATX C 0.46%
ALK C 0.46%
SM B 0.45%
MMSI B 0.44%
EPRT B 0.43%
MC B 0.43%
RDNT B 0.43%
PIPR B 0.42%
ITRI B 0.42%
SEE C 0.42%
AL B 0.42%
RDN C 0.42%
ACA A 0.41%
MGY A 0.41%
IBP D 0.4%
EAT A 0.4%
ALKS B 0.39%
DY D 0.39%
CORT B 0.38%
SFBS B 0.38%
SLG B 0.37%
AGO B 0.37%
WHD B 0.36%
ABCB B 0.36%
ITGR B 0.36%
IDCC B 0.36%
FELE B 0.35%
AEIS B 0.35%
AX A 0.35%
GTES A 0.35%
NSIT F 0.35%
SKYW B 0.35%
SHAK C 0.35%
SIG B 0.35%
PECO A 0.35%
KTB B 0.35%
MHO D 0.34%
FUL F 0.34%
SANM B 0.34%
KRYS B 0.33%
PBH A 0.33%
OGN D 0.33%
GVA A 0.33%
PLXS B 0.33%
FTDR A 0.33%
NOG A 0.33%
RUSHA C 0.32%
KFY B 0.32%
CTRE D 0.32%
LRN A 0.32%
SEM B 0.32%
TPH D 0.32%
BGC C 0.32%
FULT A 0.32%
CRC A 0.31%
HCC B 0.31%
ABM B 0.31%
REZI A 0.31%
AUB B 0.31%
GMS B 0.31%
MAC B 0.31%
UCB A 0.31%
DORM B 0.3%
CBU B 0.3%
JBT B 0.3%
VRRM D 0.3%
WDFC B 0.3%
CATY B 0.3%
WD D 0.29%
WSFS A 0.29%
MGEE C 0.29%
SKT B 0.29%
DXC B 0.29%
CALM A 0.29%
GEO B 0.29%
BOOT D 0.28%
SITM B 0.28%
PJT A 0.28%
CEIX A 0.28%
ASO F 0.28%
CVCO A 0.28%
ESE B 0.28%
AROC B 0.28%
OTTR C 0.28%
FHB A 0.28%
FBP B 0.28%
NPO A 0.28%
HP B 0.27%
RXO C 0.27%
AEO F 0.27%
APLE B 0.27%
STEP B 0.27%
AMR C 0.26%
HIW D 0.26%
ATGE B 0.26%
FORM D 0.26%
BRC D 0.26%
GNW A 0.26%
ICUI D 0.26%
IAC D 0.26%
APAM B 0.26%
BFH B 0.26%
CVBF A 0.25%
SFNC B 0.25%
TDW F 0.25%
INDB B 0.25%
TRN B 0.25%
IOSP B 0.25%
CNK B 0.25%
ARCH B 0.25%
ALRM C 0.25%
PENN C 0.25%
HUBG A 0.25%
NWL B 0.25%
CRVL A 0.25%
BKU A 0.25%
OII B 0.25%
NMIH D 0.24%
AWR B 0.24%
SHOO D 0.24%
ENVA B 0.24%
GSHD A 0.24%
TBBK B 0.24%
TDS B 0.24%
SLVM B 0.24%
BXMT C 0.24%
VSCO B 0.24%
ENV B 0.24%
CWEN C 0.24%
BOH B 0.24%
BTU B 0.24%
AVA A 0.23%
PRK B 0.23%
PTEN C 0.23%
PFS B 0.23%
HASI D 0.23%
GFF A 0.23%
CWT D 0.23%
VCEL B 0.23%
LCII C 0.23%
UNF B 0.23%
VIRT B 0.23%
DEI B 0.23%
AAP C 0.22%
LBRT D 0.22%
DIOD D 0.22%
POWL C 0.22%
IIPR D 0.22%
ABR C 0.22%
PPBI B 0.22%
HI C 0.22%
PRGS A 0.22%
CARG C 0.22%
FFBC A 0.22%
PAYO A 0.21%
B B 0.21%
JJSF B 0.21%
EPAC B 0.21%
MTRN C 0.21%
MYRG B 0.21%
UE C 0.21%
PATK D 0.21%
ACLS F 0.21%
AZZ B 0.21%
PLMR B 0.21%
CPK A 0.21%
SNEX B 0.21%
HNI B 0.21%
ARCB C 0.21%
KLIC B 0.21%
AIN C 0.21%
CWK B 0.21%
HBI B 0.21%
MTX B 0.21%
LXP D 0.21%
SXI B 0.2%
CCS D 0.2%
SBCF A 0.2%
WAFD B 0.2%
WERN C 0.2%
IPAR B 0.2%
NBTB B 0.2%
VSTO A 0.2%
HWKN B 0.2%
TTMI B 0.2%
CNS B 0.2%
BANR B 0.2%
AGYS A 0.2%
KWR C 0.19%
PINC B 0.19%
TRMK B 0.19%
PRVA B 0.19%
UFPT B 0.19%
FL F 0.19%
AKR B 0.19%
RNST B 0.19%
CPRX C 0.19%
ENR B 0.19%
OSIS B 0.19%
PHIN A 0.19%
CXW B 0.19%
YELP C 0.19%
VIAV B 0.18%
PSMT C 0.18%
KMT B 0.18%
KAR B 0.18%
PLUS F 0.18%
TFIN A 0.18%
MPW F 0.18%
IBTX B 0.18%
CAKE C 0.18%
FCPT C 0.18%
CNMD C 0.17%
PRG C 0.17%
CENTA C 0.17%
JBLU F 0.17%
GBX A 0.17%
STRA C 0.17%
OFG B 0.17%
ADUS D 0.17%
LGIH D 0.17%
ROIC A 0.17%
SATS D 0.17%
AIR B 0.17%
MRCY B 0.17%
MCY A 0.17%
SUPN C 0.17%
PTGX C 0.17%
ROCK C 0.17%
EVTC B 0.17%
URBN C 0.17%
NEO C 0.16%
STC B 0.16%
KSS F 0.16%
LMAT A 0.16%
GO C 0.16%
CABO C 0.16%
ALG B 0.16%
HAYW B 0.16%
FBK B 0.16%
OI C 0.16%
CASH A 0.16%
SHO C 0.16%
EPC D 0.15%
MLKN D 0.15%
WGO C 0.15%
TALO C 0.15%
NHC C 0.15%
APOG B 0.15%
RAMP C 0.15%
TRUP B 0.15%
NBHC B 0.15%
FBNC A 0.15%
NWBI B 0.15%
LGND B 0.15%
FTRE D 0.15%
FCF A 0.15%
LKFN B 0.15%
DRH B 0.15%
CHCO B 0.15%
PLAB C 0.14%
CTS C 0.14%
NTCT C 0.14%
HLX B 0.14%
VECO F 0.14%
VSTS C 0.14%
BANF B 0.14%
TNC D 0.14%
HMN B 0.14%
KN B 0.14%
JOE F 0.14%
WWW B 0.14%
BHE B 0.14%
PRDO B 0.14%
CALX D 0.14%
LZB B 0.14%
IART C 0.14%
SONO C 0.14%
ROG D 0.14%
GRBK D 0.14%
XHR B 0.13%
LTC B 0.13%
CSGS B 0.13%
CUBI B 0.13%
ANDE D 0.13%
AMWD C 0.13%
VBTX B 0.13%
STBA B 0.13%
PDCO D 0.13%
WKC D 0.13%
TRIP F 0.13%
ASTH D 0.13%
HOPE B 0.13%
DNOW B 0.13%
UCTT D 0.13%
VRTS B 0.13%
SCL C 0.13%
MYGN F 0.12%
THRM D 0.12%
TILE B 0.12%
DFIN D 0.12%
GTY B 0.12%
PEB D 0.12%
HTH B 0.12%
NWN A 0.12%
THS D 0.12%
WABC B 0.12%
CHEF A 0.12%
SJW D 0.12%
UPBD B 0.12%
SCSC B 0.11%
KALU C 0.11%
NX C 0.11%
USPH B 0.11%
NAVI C 0.11%
GNL F 0.11%
BKE B 0.11%
SPNT A 0.11%
LNN B 0.11%
ELME D 0.11%
STAA F 0.11%
SBH C 0.11%
HLIT D 0.11%
WS B 0.11%
DEA D 0.1%
JBGS D 0.1%
VICR B 0.1%
BLMN F 0.1%
DGII B 0.1%
WOR F 0.1%
MODG F 0.1%
DAN D 0.1%
UNFI A 0.1%
CRK B 0.1%
WT B 0.1%
SAFT C 0.1%
COHU C 0.1%
BHLB B 0.1%
UVV B 0.1%
EIG B 0.1%
AAT B 0.1%
ALEX C 0.1%
SNDR B 0.09%
PARR D 0.09%
AMN F 0.09%
ICHR C 0.09%
FIZZ C 0.09%
CBRL C 0.09%
ARLO C 0.09%
PMT D 0.09%
FDP B 0.09%
RC D 0.09%
OXM D 0.09%
BRKL B 0.09%
AMSF B 0.09%
AORT B 0.09%
MSEX B 0.09%
SXC A 0.09%
XNCR B 0.09%
CARS B 0.09%
ATEN B 0.09%
CENX B 0.09%
ARI C 0.09%
PFBC B 0.09%
NVEE F 0.09%
MD B 0.09%
DCOM A 0.09%
CERT F 0.09%
PLAY D 0.09%
PRLB A 0.08%
HRMY D 0.08%
MRTN C 0.08%
TMP B 0.08%
MMI B 0.08%
VVI C 0.08%
EFC C 0.08%
DXPE B 0.08%
PRAA C 0.08%
VTOL B 0.08%
COLL F 0.08%
ANIP F 0.08%
INVA D 0.08%
LPG F 0.08%
KLG C 0.08%
VTLE C 0.08%
GIII D 0.08%
NXRT B 0.08%
XRX F 0.08%
SBSI B 0.08%
CLB B 0.08%
CSR B 0.08%
CXM C 0.08%
FBRT C 0.08%
DLX B 0.08%
MCRI A 0.08%
QNST B 0.08%
SAH A 0.08%
ALGT B 0.08%
CAL D 0.08%
CPF A 0.07%
KOP C 0.07%
BLFS C 0.07%
EYE C 0.07%
CFFN B 0.07%
ODP F 0.07%
HCSG C 0.07%
AVNS F 0.07%
BJRI B 0.07%
WNC C 0.07%
EGBN B 0.07%
PRA C 0.07%
PCRX C 0.07%
BDN C 0.07%
ASTE B 0.07%
RWT D 0.07%
OMI F 0.07%
MNRO D 0.07%
HFWA B 0.07%
XPEL C 0.07%
UTL B 0.07%
EXPI C 0.07%
HSII B 0.07%
GDEN B 0.06%
TRST B 0.06%
REX D 0.06%
AHH D 0.06%
AHCO F 0.06%
NBR C 0.06%
HAYN C 0.06%
JBSS D 0.06%
NABL F 0.06%
MCW B 0.06%
HSTM B 0.06%
MATW C 0.06%
SSTK F 0.06%
HAFC A 0.06%
GPRE F 0.06%
AXL C 0.06%
AOSL C 0.06%
CNXN C 0.06%
HCI C 0.06%
MGPI F 0.06%
RCUS F 0.06%
ASIX A 0.06%
HTZ C 0.05%
VSAT F 0.05%
HAIN C 0.05%
CEVA B 0.05%
HZO D 0.05%
CTKB C 0.05%
MTUS C 0.05%
SMP B 0.05%
SPTN D 0.05%
CVI F 0.05%
KREF D 0.05%
IIIN C 0.05%
SCHL D 0.05%
SCVL F 0.05%
NVRI F 0.05%
RGR F 0.05%
SHEN F 0.05%
EZPW A 0.05%
WSR A 0.05%
MATV D 0.05%
ETD C 0.05%
PUMP B 0.05%
INN D 0.05%
SWI B 0.05%
USNA C 0.04%
RGNX F 0.04%
KELYA F 0.04%
SVC F 0.04%
MYE F 0.04%
GDOT D 0.04%
BGS F 0.04%
GES F 0.04%
GOGO C 0.04%
PAHC C 0.04%
BFS C 0.04%
SLP D 0.04%
UHT D 0.04%
TR B 0.04%
HPP F 0.04%
UFCS B 0.04%
LQDT B 0.04%
RES D 0.04%
SNCY C 0.04%
HTLD B 0.04%
MLAB D 0.04%
AMBC C 0.04%
CRSR C 0.03%
TWI F 0.03%
FLGT F 0.03%
NPK B 0.03%
WRLD C 0.03%
THRY F 0.03%
QVMS Underweight 119 Positions Relative to ANEW
Symbol Grade Weight
NVDA C -2.89%
DASH A -2.89%
ISRG A -2.49%
NFLX A -2.39%
BKNG A -2.37%
META D -2.32%
AAPL C -2.23%
BSX B -2.17%
AMZN C -2.16%
ABT B -2.1%
ADBE C -2.05%
ABBV D -1.94%
BABA D -1.93%
DE A -1.92%
MKC D -1.89%
CTVA C -1.89%
MSFT F -1.86%
IFF D -1.71%
DHR F -1.69%
GOOGL C -1.66%
AVGO D -1.6%
MRK F -1.4%
SFM A -1.21%
BDX F -1.11%
V A -1.04%
FMC D -0.94%
MA C -0.93%
CNH C -0.92%
AMAT F -0.85%
AGCO D -0.79%
SE B -0.75%
EA A -0.68%
EW C -0.67%
TTWO A -0.64%
CSCO B -0.64%
EBAY D -0.63%
ORCL B -0.61%
OMC C -0.59%
RMD C -0.58%
TCOM B -0.58%
QCOM F -0.56%
ZD B -0.55%
ANSS B -0.55%
DKNG B -0.5%
DXCM D -0.49%
WST C -0.42%
NEOG F -0.41%
SMG D -0.4%
PINS D -0.38%
ILMN D -0.38%
SNAP C -0.37%
DOCS C -0.36%
MSTR C -0.36%
CRM B -0.34%
AMD F -0.34%
DGX A -0.3%
NTRA B -0.29%
CVLT B -0.28%
PANW C -0.27%
HOOD B -0.27%
QTWO A -0.27%
NOW A -0.26%
FFIV B -0.25%
GH B -0.25%
PYPL B -0.24%
DOCU A -0.24%
SMAR A -0.24%
GMED A -0.24%
PRCT B -0.24%
RARE D -0.23%
BOX B -0.23%
CYBR B -0.22%
MRNA F -0.22%
NET B -0.22%
COIN C -0.22%
INSP D -0.22%
SMTC B -0.21%
KTOS B -0.21%
DBX B -0.21%
CHKP D -0.21%
PCTY B -0.21%
VRNS D -0.21%
GEN B -0.21%
HPE B -0.21%
JNPR F -0.2%
DT C -0.2%
RIOT C -0.2%
NOVT D -0.2%
EQIX A -0.2%
ALTR B -0.2%
NTAP C -0.19%
WDAY B -0.19%
BLKB B -0.19%
TECH D -0.19%
CRWD B -0.18%
ENOV C -0.18%
HSIC B -0.18%
AI B -0.18%
PCOR B -0.18%
QGEN D -0.18%
AKAM D -0.17%
CRSP D -0.17%
IRDM D -0.17%
TENB C -0.17%
NTNX A -0.17%
TWST D -0.17%
EEFT B -0.16%
MEDP D -0.16%
SLAB D -0.15%
NXPI D -0.15%
SYNA C -0.15%
CGNX C -0.15%
OKTA C -0.14%
CLSK C -0.14%
IDYA F -0.14%
TMDX F -0.13%
FIVN C -0.13%
ACHC F -0.12%
TNDM F -0.11%
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