QVMS vs. FTLS ETF Comparison

Comparison of Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS) to First Trust Long/Short Equity (FTLS)
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

$28.90

Average Daily Volume

483

Number of Holdings *

523

* 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

$65.70

Average Daily Volume

128,344

Number of Holdings *

384

* may have additional holdings in another (foreign) market
Performance
Period QVMS FTLS
30 Days 7.00% 1.17%
60 Days 6.30% 4.53%
90 Days 6.54% 3.65%
12 Months 30.65% 20.51%
64 Overlapping Holdings
Symbol Grade Weight in QVMS Weight in FTLS Overlap
ABM B 0.31% 0.1% 0.1%
ACIW B 0.47% -0.05% -0.05%
ADUS D 0.17% 0.06% 0.06%
AEO F 0.27% -0.05% -0.05%
ALKS C 0.39% 0.17% 0.17%
ARLO C 0.09% -0.03% -0.03%
ASO F 0.28% 0.27% 0.27%
AUB B 0.31% 0.06% 0.06%
AVAV C 0.48% -0.07% -0.07%
AZZ A 0.21% 0.07% 0.07%
BFH C 0.26% 0.13% 0.13%
BOH B 0.24% 0.08% 0.08%
BRC D 0.26% 0.06% 0.06%
CALM A 0.29% 0.16% 0.16%
CARG B 0.22% 0.09% 0.09%
CBU B 0.3% -0.02% -0.02%
CCOI B 0.25% -0.08% -0.08%
CNK C 0.25% 0.24% 0.24%
COLL F 0.08% 0.05% 0.05%
CRC A 0.31% 0.15% 0.15%
CRS B 0.69% 0.34% 0.34%
CUBI B 0.13% 0.09% 0.09%
DIOD D 0.22% -0.03% -0.03%
DY D 0.39% -0.09% -0.09%
EAT A 0.4% 0.65% 0.4%
ENR B 0.19% -0.04% -0.04%
FHB B 0.28% 0.07% 0.07%
FTDR B 0.33% 0.12% 0.12%
GFF A 0.23% 0.13% 0.13%
GKOS B 0.56% -0.03% -0.03%
GMS B 0.31% 0.13% 0.13%
GPRE F 0.06% -0.02% -0.02%
GRBK D 0.14% 0.09% 0.09%
HAYW B 0.16% 0.07% 0.07%
ICHR C 0.09% -0.03% -0.03%
IDCC B 0.36% -0.07% -0.07%
KFY B 0.32% 0.09% 0.09%
LCII C 0.23% 0.09% 0.09%
LKFN C 0.15% -0.02% -0.02%
MARA B 0.45% -0.04% -0.04%
MATX C 0.46% 0.15% 0.15%
MGY A 0.41% 0.2% 0.2%
MYGN F 0.12% 0.04% 0.04%
NMIH C 0.24% 0.07% 0.07%
NSIT F 0.35% -0.08% -0.08%
NVEE F 0.09% -0.02% -0.02%
OSIS A 0.19% -0.03% -0.03%
PAYO A 0.21% 0.08% 0.08%
PBH A 0.33% 0.07% 0.07%
PENN C 0.25% 0.4% 0.25%
PLMR A 0.21% 0.06% 0.06%
PLXS B 0.33% 0.07% 0.07%
PRGS A 0.22% 0.09% 0.09%
PSMT D 0.18% -0.03% -0.03%
ROIC A 0.17% 0.06% 0.06%
SKYW C 0.35% 0.15% 0.15%
SMPL B 0.24% 0.12% 0.12%
SUPN C 0.17% 0.06% 0.06%
TBBK B 0.24% 0.1% 0.1%
TFIN B 0.18% -0.04% -0.04%
VRRM F 0.3% -0.05% -0.05%
VSAT F 0.05% -0.01% -0.01%
WGO C 0.15% 0.11% 0.11%
WHD B 0.36% 0.21% 0.21%
QVMS Overweight 459 Positions Relative to FTLS
Symbol Grade Weight
MLI B 0.84%
CMA B 0.71%
RHI C 0.59%
JXN C 0.58%
ATI C 0.55%
SPSC D 0.54%
VFC C 0.53%
AWI A 0.53%
COOP B 0.51%
MTH D 0.51%
MOG.A B 0.5%
LNC C 0.5%
BMI B 0.5%
BCC B 0.47%
FSS B 0.47%
BCPC B 0.47%
GPI B 0.46%
ABG C 0.46%
ALK B 0.46%
SM B 0.45%
MMSI A 0.44%
EPRT B 0.43%
MC C 0.43%
RDNT B 0.43%
PIPR A 0.42%
ITRI C 0.42%
SEE C 0.42%
AL B 0.42%
RDN D 0.42%
ACA A 0.41%
IBP D 0.4%
CORT B 0.38%
SFBS C 0.38%
SLG B 0.37%
AGO B 0.37%
ABCB B 0.36%
ITGR B 0.36%
FELE B 0.35%
AEIS C 0.35%
AX B 0.35%
GTES A 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 C 0.33%
OGN F 0.33%
GVA A 0.33%
NOG B 0.33%
RUSHA C 0.32%
CTRE C 0.32%
LRN A 0.32%
SEM B 0.32%
TPH D 0.32%
BGC C 0.32%
FULT A 0.32%
HCC B 0.31%
REZI A 0.31%
MAC B 0.31%
UCB A 0.31%
DORM B 0.3%
JBT B 0.3%
WDFC B 0.3%
CATY B 0.3%
WD D 0.29%
WSFS B 0.29%
MGEE B 0.29%
SKT A 0.29%
DXC B 0.29%
GEO B 0.29%
BOOT C 0.28%
SITM B 0.28%
PJT A 0.28%
CEIX A 0.28%
CVCO A 0.28%
ESE B 0.28%
AROC A 0.28%
OTTR C 0.28%
FBP C 0.28%
NPO A 0.28%
HP C 0.27%
RXO D 0.27%
APLE B 0.27%
STEP C 0.27%
AMR C 0.26%
HIW C 0.26%
ATGE B 0.26%
FORM D 0.26%
GNW A 0.26%
ICUI D 0.26%
IAC F 0.26%
APAM B 0.26%
SXT C 0.26%
CVBF A 0.25%
SFNC C 0.25%
TDW F 0.25%
INDB B 0.25%
TRN B 0.25%
IOSP C 0.25%
ARCH B 0.25%
ALRM C 0.25%
HUBG A 0.25%
NWL C 0.25%
CRVL B 0.25%
BKU A 0.25%
OII B 0.25%
AWR B 0.24%
SHOO F 0.24%
ENVA B 0.24%
GSHD A 0.24%
TDS B 0.24%
SLVM B 0.24%
BXMT C 0.24%
VSCO C 0.24%
ENV B 0.24%
BL B 0.24%
CWEN C 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%
CWT C 0.23%
VCEL B 0.23%
UNF B 0.23%
VIRT A 0.23%
DEI B 0.23%
AAP D 0.22%
LBRT D 0.22%
POWL C 0.22%
IIPR D 0.22%
ABR C 0.22%
PPBI C 0.22%
HI C 0.22%
FFBC B 0.22%
B A 0.21%
JJSF C 0.21%
EPAC C 0.21%
MTRN C 0.21%
MYRG B 0.21%
UE B 0.21%
PATK C 0.21%
ACLS F 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 C 0.21%
HBI B 0.21%
MTX B 0.21%
LXP D 0.21%
SXI B 0.2%
CCS D 0.2%
SBCF B 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 C 0.2%
CNS B 0.2%
BANR B 0.2%
AGYS A 0.2%
KWR C 0.19%
PINC B 0.19%
TRMK C 0.19%
PRVA C 0.19%
UFPT C 0.19%
FL F 0.19%
AKR B 0.19%
RNST B 0.19%
CPRX C 0.19%
PHIN A 0.19%
CXW C 0.19%
YELP C 0.19%
VIAV C 0.18%
KMT B 0.18%
KAR B 0.18%
PLUS F 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%
LGIH F 0.17%
SATS D 0.17%
AIR B 0.17%
MRCY C 0.17%
MCY A 0.17%
PTGX D 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 B 0.16%
ALG B 0.16%
FBK C 0.16%
OI C 0.16%
CASH B 0.16%
SHO D 0.16%
EPC F 0.15%
MLKN F 0.15%
TALO C 0.15%
NHC C 0.15%
APOG C 0.15%
RAMP B 0.15%
TRUP B 0.15%
NBHC C 0.15%
FBNC B 0.15%
NWBI B 0.15%
LGND C 0.15%
FTRE D 0.15%
FCF 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 A 0.14%
BHE C 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%
XHR B 0.13%
LTC B 0.13%
CSGS B 0.13%
ANDE D 0.13%
AMWD C 0.13%
VBTX B 0.13%
STBA B 0.13%
PDCO F 0.13%
WKC C 0.13%
TRIP F 0.13%
ASTH F 0.13%
HOPE C 0.13%
DNOW B 0.13%
UCTT D 0.13%
VRTS B 0.13%
SCL C 0.13%
THRM F 0.12%
TILE B 0.12%
DFIN D 0.12%
GTY A 0.12%
PEB D 0.12%
HTH C 0.12%
NWN A 0.12%
THS D 0.12%
WABC B 0.12%
CHEF A 0.12%
SJW F 0.12%
UPBD B 0.12%
SCSC C 0.11%
KALU C 0.11%
NX C 0.11%
USPH B 0.11%
NAVI F 0.11%
GNL F 0.11%
BKE B 0.11%
SPNT B 0.11%
LNN B 0.11%
ELME D 0.11%
STAA F 0.11%
SBH C 0.11%
HLIT D 0.11%
WS C 0.11%
DEA D 0.1%
JBGS F 0.1%
VICR C 0.1%
BLMN F 0.1%
DGII C 0.1%
WOR F 0.1%
MODG F 0.1%
DAN D 0.1%
UNFI A 0.1%
CRK B 0.1%
WT A 0.1%
SAFT B 0.1%
COHU C 0.1%
BHLB B 0.1%
UVV B 0.1%
EIG B 0.1%
AAT B 0.1%
ALEX B 0.1%
SNDR B 0.09%
PARR F 0.09%
AMN F 0.09%
FIZZ C 0.09%
CBRL C 0.09%
PMT C 0.09%
FDP B 0.09%
RC D 0.09%
OXM F 0.09%
BRKL B 0.09%
AMSF B 0.09%
AORT B 0.09%
MSEX C 0.09%
SXC A 0.09%
XNCR B 0.09%
CARS C 0.09%
ATEN A 0.09%
CENX B 0.09%
ARI C 0.09%
PFBC B 0.09%
MD C 0.09%
DCOM B 0.09%
CERT F 0.09%
PLAY D 0.09%
PRLB B 0.08%
HRMY D 0.08%
MRTN D 0.08%
TMP B 0.08%
MMI C 0.08%
VVI C 0.08%
EFC C 0.08%
DXPE C 0.08%
PRAA D 0.08%
VTOL B 0.08%
ANIP F 0.08%
INVA D 0.08%
LPG F 0.08%
KLG B 0.08%
VTLE C 0.08%
GIII D 0.08%
NXRT B 0.08%
XRX F 0.08%
SBSI C 0.08%
CLB B 0.08%
CSR B 0.08%
CXM C 0.08%
FBRT D 0.08%
DLX B 0.08%
MCRI A 0.08%
QNST B 0.08%
SAH C 0.08%
ALGT B 0.08%
CAL F 0.08%
CPF B 0.07%
KOP C 0.07%
BLFS C 0.07%
EYE C 0.07%
CFFN C 0.07%
ODP F 0.07%
HCSG C 0.07%
AVNS F 0.07%
BJRI C 0.07%
WNC C 0.07%
EGBN B 0.07%
PRA C 0.07%
PCRX C 0.07%
BDN C 0.07%
ASTE C 0.07%
RWT D 0.07%
OMI F 0.07%
MNRO D 0.07%
HFWA C 0.07%
XPEL B 0.07%
UTL B 0.07%
EXPI D 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 A 0.06%
JBSS F 0.06%
NABL F 0.06%
MCW C 0.06%
HSTM B 0.06%
MATW C 0.06%
SSTK F 0.06%
HAFC B 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 B 0.06%
HTZ C 0.05%
HAIN D 0.05%
CEVA B 0.05%
HZO F 0.05%
CTKB C 0.05%
MTUS C 0.05%
SMP C 0.05%
SPTN D 0.05%
CVI F 0.05%
KREF C 0.05%
IIIN C 0.05%
SCHL F 0.05%
SCVL F 0.05%
NVRI D 0.05%
RGR F 0.05%
SHEN F 0.05%
EZPW B 0.05%
WSR A 0.05%
MATV D 0.05%
ETD C 0.05%
PUMP C 0.05%
INN D 0.05%
SWI C 0.05%
USNA C 0.04%
RGNX D 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 A 0.04%
LQDT B 0.04%
RES D 0.04%
SNCY C 0.04%
HTLD C 0.04%
MLAB F 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 D 0.03%
QVMS Underweight 320 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%
TOL B -0.65%
CSL C -0.6%
PNR A -0.56%
CF A -0.55%
NVR D -0.55%
INSM C -0.54%
VLTO C -0.49%
BJ A -0.47%
MAS D -0.46%
GEN B -0.45%
VRSN C -0.45%
OKTA C -0.45%
CROX D -0.44%
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%
SWK D -0.4%
CAG F -0.38%
DBX B -0.36%
EXP B -0.35%
SNA A -0.33%
TKO A -0.32%
WRB A -0.32%
JAZZ B -0.31%
LPX B -0.31%
TTC C -0.31%
AYI B -0.29%
CCK D -0.29%
ALLY C -0.29%
PI D -0.27%
SPYV A -0.26%
SCHV A -0.26%
IWD A -0.26%
EWBC A -0.25%
RPRX D -0.23%
KNSL B -0.22%
AIZ A -0.22%
SAM C -0.21%
ALSN B -0.2%
MSM C -0.2%
COLB B -0.19%
UHS D -0.19%
HRB D -0.19%
EXEL B -0.19%
THO B -0.18%
PNFP B -0.17%
GLBE B -0.17%
ADMA B -0.17%
UMBF B -0.16%
STNG F -0.16%
TWST F -0.16%
SFM A -0.16%
ORI A -0.15%
PRI B -0.15%
GM C -0.14%
AXS A -0.14%
CSWI B -0.13%
PAA B -0.13%
CBSH B -0.13%
CBT D -0.13%
LEG F -0.13%
LOGI D -0.13%
SIGI C -0.13%
ZWS B -0.12%
VRNA B -0.12%
MTG C -0.12%
TCBI C -0.11%
AM A -0.11%
ENLC A -0.11%
HESM B -0.11%
OPCH D -0.11%
PPC C -0.11%
BFAM D -0.11%
KRG B -0.11%
LOPE C -0.1%
THG A -0.1%
MMS F -0.1%
NSA C -0.1%
ESNT F -0.09%
DBRG F -0.09%
VCYT B -0.09%
YOU D -0.09%
EXTR C -0.09%
GBCI B -0.09%
LANC C -0.08%
UBSI B -0.08%
RDFN D -0.08%
TXG F -0.08%
EPR C -0.08%
KMPR A -0.08%
FOLD F -0.08%
RLI A -0.08%
EBC B -0.07%
BCRX D -0.07%
WMB A -0.07%
REVG C -0.07%
AVNT B -0.07%
ICFI F -0.06%
WFG C -0.06%
OTEX F -0.06%
MQ D -0.06%
TRMD F -0.05%
GSL F -0.05%
AMPH F -0.05%
CDNA D -0.04%
VIST B --0.02%
AMRK F --0.02%
RXST F --0.02%
DNB B --0.02%
COTY F --0.02%
HLN C --0.02%
KD B --0.02%
RIVN F --0.02%
SAIA B --0.02%
FRO D --0.02%
HON C --0.02%
COHR B --0.02%
UWMC D --0.02%
WOLF F --0.02%
AER A --0.02%
IBOC B --0.02%
EA A --0.02%
CVX A --0.02%
RUN F --0.02%
ENS F --0.02%
ARM F --0.02%
FSLR F --0.02%
ASPN F --0.02%
OSK C --0.03%
BE B --0.03%
UTZ D --0.03%
HHH B --0.03%
PRCT B --0.03%
WMT A --0.03%
PAR A --0.03%
CNNE B --0.03%
GE D --0.03%
BVN D --0.03%
BURL B --0.03%
SDGR C --0.03%
NEOG F --0.03%
NWSA A --0.03%
RDY F --0.03%
CLH C --0.03%
AMRC F --0.03%
AZTA D --0.03%
TMO F --0.03%
SLGN A --0.03%
FAST B --0.03%
BIRK D --0.03%
AMD F --0.03%
STZ D --0.04%
CTRA B --0.04%
GATX A --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%
FFIN B --0.04%
IRTC C --0.04%
CRDO B --0.04%
APPN B --0.04%
RCL A --0.04%
RH C --0.04%
ALB B --0.04%
LMND B --0.05%
SOFI B --0.05%
ACVA B --0.05%
UPST B --0.05%
LYFT C --0.05%
DLB B --0.06%
CDW F --0.06%
COP C --0.06%
TTD B --0.06%
ZD B --0.06%
WST C --0.06%
MSA F --0.06%
VAL F --0.06%
VNT C --0.07%
KTOS B --0.07%
MMYT B --0.07%
BA F --0.07%
MUFG B --0.07%
SSB B --0.07%
SE A --0.07%
AVY F --0.07%
HCA F --0.07%
MAT D --0.08%
NXPI D --0.08%
R B --0.09%
TRMB B --0.09%
STM F --0.1%
GPC D --0.1%
VVV D --0.1%
ING F --0.1%
HII F --0.11%
ARGX B --0.11%
HAE C --0.11%
KEYS A --0.12%
SLB C --0.12%
HQY A --0.13%
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%
BWXT B --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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