QVMS vs. FCOM ETF Comparison

Comparison of Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS) to Fidelity MSCI Telecommunication Services Index ETF (FCOM)
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

$28.36

Average Daily Volume

501

Number of Holdings *

523

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

Fidelity MSCI Telecommunication Services Index ETF

FCOM Description The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Telecommunication Services 25/50 Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Telecommunication Services 25/50 Index, which represents the performance of the telecommunication services sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Telecommunication Services 25/50 Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$57.54

Average Daily Volume

86,230

Number of Holdings *

93

* may have additional holdings in another (foreign) market
Performance
Period QVMS FCOM
30 Days 2.56% 3.28%
60 Days 2.99% 6.59%
90 Days 8.19% 9.68%
12 Months 27.87% 37.03%
16 Overlapping Holdings
Symbol Grade Weight in QVMS Weight in FCOM Overlap
CABO C 0.16% 0.15% 0.15%
CARG A 0.22% 0.23% 0.22%
CARS B 0.09% 0.09% 0.09%
CCOI B 0.25% 0.29% 0.25%
CNK A 0.25% 0.27% 0.25%
GOGO C 0.04% 0.04% 0.04%
IAC F 0.26% 0.31% 0.26%
QNST C 0.08% 0.09% 0.08%
SATS D 0.17% 0.25% 0.17%
SCHL F 0.05% 0.05% 0.05%
SHEN F 0.05% 0.05% 0.05%
SSTK F 0.06% 0.07% 0.06%
TDS B 0.24% 0.25% 0.24%
THRY F 0.03% 0.04% 0.03%
TRIP D 0.13% 0.13% 0.13%
YELP C 0.19% 0.18% 0.18%
QVMS Overweight 507 Positions Relative to FCOM
Symbol Grade Weight
MLI B 0.84%
CMA B 0.71%
CRS A 0.69%
RHI C 0.59%
JXN B 0.58%
GKOS B 0.56%
ATI D 0.55%
SPSC F 0.54%
VFC C 0.53%
AWI B 0.53%
COOP B 0.51%
MTH D 0.51%
MOG.A B 0.5%
LNC B 0.5%
BMI C 0.5%
AVAV C 0.48%
BCC A 0.47%
FSS B 0.47%
BCPC A 0.47%
ACIW B 0.47%
GPI B 0.46%
ABG B 0.46%
MATX B 0.46%
ALK A 0.46%
SM C 0.45%
MARA C 0.45%
MMSI A 0.44%
EPRT C 0.43%
MC B 0.43%
RDNT B 0.43%
PIPR A 0.42%
ITRI B 0.42%
SEE D 0.42%
AL A 0.42%
RDN D 0.42%
ACA A 0.41%
MGY A 0.41%
IBP F 0.4%
EAT A 0.4%
ALKS C 0.39%
DY C 0.39%
CORT C 0.38%
SFBS B 0.38%
SLG B 0.37%
AGO A 0.37%
WHD B 0.36%
ABCB B 0.36%
ITGR B 0.36%
IDCC A 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 B 0.35%
SIG C 0.35%
PECO A 0.35%
KTB A 0.35%
MHO D 0.34%
FUL F 0.34%
SANM B 0.34%
KRYS C 0.33%
PBH A 0.33%
OGN F 0.33%
GVA A 0.33%
PLXS B 0.33%
FTDR B 0.33%
NOG A 0.33%
RUSHA B 0.32%
KFY B 0.32%
CTRE D 0.32%
LRN A 0.32%
SEM B 0.32%
TPH D 0.32%
BGC B 0.32%
FULT A 0.32%
CRC A 0.31%
HCC B 0.31%
ABM B 0.31%
REZI A 0.31%
AUB A 0.31%
GMS B 0.31%
MAC A 0.31%
UCB A 0.31%
DORM B 0.3%
CBU B 0.3%
JBT A 0.3%
VRRM F 0.3%
WDFC B 0.3%
CATY A 0.3%
WD D 0.29%
WSFS A 0.29%
MGEE A 0.29%
SKT A 0.29%
DXC D 0.29%
CALM A 0.29%
GEO A 0.29%
BOOT C 0.28%
SITM B 0.28%
PJT B 0.28%
CEIX A 0.28%
ASO F 0.28%
CVCO B 0.28%
ESE A 0.28%
AROC A 0.28%
OTTR C 0.28%
FHB B 0.28%
FBP B 0.28%
NPO A 0.28%
HP C 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 F 0.26%
BRC C 0.26%
GNW A 0.26%
ICUI D 0.26%
APAM A 0.26%
SXT C 0.26%
BFH B 0.26%
CVBF A 0.25%
SFNC B 0.25%
TDW F 0.25%
INDB A 0.25%
TRN A 0.25%
IOSP C 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 A 0.24%
SHOO D 0.24%
ENVA B 0.24%
GSHD A 0.24%
TBBK A 0.24%
SLVM B 0.24%
BXMT D 0.24%
VSCO A 0.24%
ENV B 0.24%
BL C 0.24%
CWEN C 0.24%
SMPL B 0.24%
BOH B 0.24%
BTU B 0.24%
AVA C 0.23%
PRK B 0.23%
PTEN C 0.23%
PFS A 0.23%
HASI F 0.23%
GFF B 0.23%
CWT D 0.23%
VCEL A 0.23%
LCII D 0.23%
UNF B 0.23%
VIRT A 0.23%
DEI B 0.23%
AAP C 0.22%
LBRT F 0.22%
DIOD F 0.22%
POWL C 0.22%
IIPR F 0.22%
ABR B 0.22%
PPBI B 0.22%
HI C 0.22%
PRGS B 0.22%
FFBC A 0.22%
PAYO A 0.21%
B A 0.21%
JJSF C 0.21%
EPAC B 0.21%
MTRN C 0.21%
MYRG C 0.21%
UE B 0.21%
PATK C 0.21%
ACLS F 0.21%
AZZ A 0.21%
PLMR A 0.21%
CPK A 0.21%
SNEX A 0.21%
HNI B 0.21%
ARCB C 0.21%
KLIC C 0.21%
AIN C 0.21%
CWK B 0.21%
HBI A 0.21%
MTX B 0.21%
LXP D 0.21%
SXI A 0.2%
CCS F 0.2%
SBCF B 0.2%
WAFD B 0.2%
WERN B 0.2%
IPAR C 0.2%
NBTB B 0.2%
VSTO A 0.2%
HWKN B 0.2%
TTMI B 0.2%
CNS B 0.2%
BANR A 0.2%
AGYS A 0.2%
KWR C 0.19%
PINC B 0.19%
TRMK B 0.19%
PRVA B 0.19%
UFPT C 0.19%
FL F 0.19%
AKR A 0.19%
RNST B 0.19%
CPRX C 0.19%
ENR A 0.19%
OSIS A 0.19%
PHIN A 0.19%
CXW B 0.19%
VIAV B 0.18%
PSMT D 0.18%
KMT B 0.18%
KAR A 0.18%
PLUS F 0.18%
TFIN B 0.18%
MPW F 0.18%
IBTX B 0.18%
CAKE B 0.18%
FCPT C 0.18%
CNMD C 0.17%
PRG A 0.17%
CENTA C 0.17%
JBLU D 0.17%
GBX A 0.17%
STRA C 0.17%
OFG B 0.17%
ADUS D 0.17%
LGIH F 0.17%
ROIC A 0.17%
AIR B 0.17%
MRCY B 0.17%
MCY A 0.17%
SUPN B 0.17%
PTGX D 0.17%
ROCK C 0.17%
EVTC C 0.17%
URBN C 0.17%
NEO C 0.16%
STC A 0.16%
KSS F 0.16%
LMAT A 0.16%
GO C 0.16%
ALG C 0.16%
HAYW A 0.16%
FBK B 0.16%
OI D 0.16%
CASH B 0.16%
SHO D 0.16%
EPC D 0.15%
MLKN F 0.15%
WGO C 0.15%
TALO C 0.15%
NHC B 0.15%
APOG B 0.15%
RAMP C 0.15%
TRUP B 0.15%
NBHC B 0.15%
FBNC B 0.15%
NWBI A 0.15%
LGND C 0.15%
FTRE D 0.15%
FCF A 0.15%
LKFN A 0.15%
DRH B 0.15%
CHCO B 0.15%
PLAB D 0.14%
CTS B 0.14%
NTCT B 0.14%
HLX C 0.14%
VECO F 0.14%
VSTS F 0.14%
BANF B 0.14%
TNC F 0.14%
HMN B 0.14%
KN B 0.14%
JOE F 0.14%
WWW A 0.14%
BHE B 0.14%
PRDO B 0.14%
CALX F 0.14%
LZB A 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 C 0.13%
AMWD B 0.13%
VBTX B 0.13%
STBA B 0.13%
PDCO D 0.13%
WKC D 0.13%
ASTH F 0.13%
HOPE B 0.13%
DNOW B 0.13%
UCTT F 0.13%
VRTS B 0.13%
SCL D 0.13%
MYGN F 0.12%
THRM F 0.12%
TILE B 0.12%
DFIN D 0.12%
GTY A 0.12%
PEB F 0.12%
HTH B 0.12%
NWN A 0.12%
THS F 0.12%
WABC B 0.12%
CHEF C 0.12%
SJW F 0.12%
UPBD C 0.12%
SCSC B 0.11%
KALU C 0.11%
NX C 0.11%
USPH C 0.11%
NAVI F 0.11%
GNL D 0.11%
BKE A 0.11%
SPNT A 0.11%
LNN B 0.11%
ELME D 0.11%
STAA F 0.11%
SBH A 0.11%
HLIT F 0.11%
WS B 0.11%
DEA D 0.1%
JBGS F 0.1%
VICR C 0.1%
BLMN F 0.1%
DGII B 0.1%
WOR F 0.1%
MODG F 0.1%
DAN F 0.1%
UNFI A 0.1%
CRK A 0.1%
WT A 0.1%
SAFT B 0.1%
COHU D 0.1%
BHLB B 0.1%
UVV B 0.1%
EIG A 0.1%
AAT C 0.1%
ALEX B 0.1%
SNDR B 0.09%
PARR D 0.09%
AMN F 0.09%
ICHR C 0.09%
FIZZ B 0.09%
CBRL C 0.09%
ARLO D 0.09%
PMT D 0.09%
FDP A 0.09%
RC D 0.09%
OXM F 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%
ATEN A 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 C 0.09%
PRLB B 0.08%
HRMY D 0.08%
MRTN C 0.08%
TMP A 0.08%
MMI B 0.08%
VVI B 0.08%
EFC C 0.08%
DXPE A 0.08%
PRAA C 0.08%
VTOL B 0.08%
COLL F 0.08%
ANIP D 0.08%
INVA C 0.08%
LPG F 0.08%
KLG D 0.08%
VTLE C 0.08%
GIII C 0.08%
NXRT A 0.08%
XRX F 0.08%
SBSI B 0.08%
CLB C 0.08%
CSR B 0.08%
CXM C 0.08%
FBRT C 0.08%
DLX A 0.08%
MCRI A 0.08%
SAH B 0.08%
ALGT B 0.08%
CAL F 0.08%
CPF A 0.07%
KOP C 0.07%
BLFS D 0.07%
EYE C 0.07%
CFFN B 0.07%
ODP F 0.07%
HCSG B 0.07%
AVNS F 0.07%
BJRI B 0.07%
WNC C 0.07%
EGBN B 0.07%
PRA B 0.07%
PCRX C 0.07%
BDN D 0.07%
ASTE C 0.07%
RWT D 0.07%
OMI F 0.07%
MNRO B 0.07%
HFWA B 0.07%
XPEL C 0.07%
UTL D 0.07%
EXPI C 0.07%
HSII B 0.07%
GDEN B 0.06%
TRST A 0.06%
REX C 0.06%
AHH D 0.06%
AHCO F 0.06%
NBR D 0.06%
HAYN A 0.06%
JBSS F 0.06%
NABL F 0.06%
MCW C 0.06%
HSTM B 0.06%
MATW C 0.06%
HAFC A 0.06%
GPRE F 0.06%
AXL C 0.06%
AOSL D 0.06%
CNXN D 0.06%
HCI C 0.06%
MGPI F 0.06%
RCUS F 0.06%
ASIX B 0.06%
HTZ C 0.05%
VSAT F 0.05%
HAIN F 0.05%
CEVA B 0.05%
HZO F 0.05%
CTKB C 0.05%
MTUS F 0.05%
SMP C 0.05%
SPTN F 0.05%
CVI D 0.05%
KREF D 0.05%
IIIN C 0.05%
SCVL F 0.05%
NVRI F 0.05%
RGR F 0.05%
EZPW A 0.05%
WSR A 0.05%
MATV F 0.05%
ETD D 0.05%
PUMP C 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%
PAHC B 0.04%
BFS C 0.04%
SLP F 0.04%
UHT D 0.04%
TR A 0.04%
HPP F 0.04%
UFCS A 0.04%
LQDT A 0.04%
RES F 0.04%
SNCY C 0.04%
HTLD B 0.04%
MLAB F 0.04%
AMBC C 0.04%
CRSR D 0.03%
TWI F 0.03%
FLGT F 0.03%
NPK C 0.03%
WRLD D 0.03%
QVMS Underweight 77 Positions Relative to FCOM
Symbol Grade Weight
META C -22.7%
GOOGL B -12.69%
GOOG B -9.88%
NFLX A -4.63%
CMCSA B -4.18%
T A -3.94%
VZ C -3.9%
DIS B -3.75%
TMUS A -3.28%
TTD B -1.9%
CHTR B -1.5%
EA A -1.49%
TTWO A -1.32%
RBLX B -1.26%
LYV A -1.23%
WBD B -1.22%
OMC C -1.08%
LBRDK C -0.89%
NWSA B -0.87%
FOXA B -0.83%
IPG F -0.83%
PINS F -0.83%
SNAP D -0.8%
LUMN C -0.76%
ROKU C -0.73%
TKO C -0.7%
NYT D -0.68%
MTCH F -0.62%
FYBR C -0.5%
FOX A -0.46%
PARA D -0.46%
NXST D -0.42%
EDR A -0.41%
MSGS B -0.28%
TGNA B -0.26%
RDDT A -0.26%
ZI D -0.25%
IRDM D -0.25%
ZD B -0.2%
SIRI D -0.16%
DJT C -0.15%
NPAB F -0.14%
MGNI B -0.14%
LBRDA C -0.13%
GSAT C -0.12%
AMC F -0.1%
IMAX B -0.09%
MSGE F -0.09%
LILAK F -0.08%
USM B -0.08%
VMEO B -0.08%
IDT B -0.07%
LGF.A F -0.07%
IAS D -0.07%
STGW B -0.06%
ZIP D -0.06%
TTGT C -0.06%
BMBL C -0.06%
GCI D -0.06%
PUBM D -0.05%
EVER F -0.04%
IBTA D -0.04%
MCS B -0.04%
ATUS C -0.04%
CNSL B -0.03%
GTN F -0.03%
ATEX F -0.03%
CCO D -0.03%
BOC D -0.03%
LGF.A F -0.03%
MAX F -0.03%
ADV F -0.03%
FUBO F -0.03%
LILA F -0.02%
EB C -0.02%
AMCX C -0.02%
ANGI F -0.01%
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