QVMS vs. IJR ETF Comparison

Comparison of Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS) to iShares Core S&P Small-Cap ETF (IJR)

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

$25.40

Average Daily Volume

836

Number of Holdings ^*

511

* may have additional holdings in another (foreign) market

IJR

iShares Core S&P Small-Cap ETF

IJR Description

The investment seeks to track the investment results of an index composed of small-capitalization U.S. equities. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P SmallCap 600® (the "underlying index"), which measures the performance of the small-capitalization sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$108.98

Average Daily Volume

3,697,305

Number of Holdings ^*

601

* may have additional holdings in another (foreign) market

Performance

Period	QVMS	IJR
30 Days	3.24%	3.14%
60 Days	1.69%	1.66%
90 Days	3.31%	3.12%
12 Months	21.15%	20.03%

508 Overlapping Holdings

	Symbol	Grade	Weight in QVMS	Weight in IJR	Overlap
	AAP	D	0.39%	0.38%	0.38%
	AAT	B	0.1%	0.09%	0.09%
	ABCB	B	0.3%	0.0%	0.0%
	ABG	C	0.44%	0.39%	0.39%
	ABM	B	0.28%	0.24%	0.24%
	ABR	C	0.25%	0.05%	0.05%
	ACA	A	0.4%	0.37%	0.37%
	ACIW	A	0.39%	0.33%	0.33%
	ACLS	C	0.35%	0.31%	0.31%
	ADUS	A	0.14%	0.14%	0.14%
	AEIS	B	0.35%	0.32%	0.32%
	AEO	B	0.44%	0.38%	0.38%
	AGO	D	0.41%	0.36%	0.36%
	AGYS	B	0.15%	0.14%	0.14%
	AHCO	D	0.08%	0.07%	0.07%
	AHH	B	0.07%	0.06%	0.06%
	AIN	D	0.26%	0.23%	0.23%
	AIR	B	0.23%	0.2%	0.2%
	AKR	C	0.15%	0.15%	0.15%
	ALEX	B	0.11%	0.1%	0.1%
	ALG	D	0.19%	0.17%	0.17%
	ALGT	F	0.08%	0.07%	0.07%
	ALK	B	0.54%	0.46%	0.46%
	ALKS	F	0.39%	0.35%	0.35%
	ALRM	D	0.35%	0.3%	0.3%
	AMBC	A	0.07%	0.02%	0.02%
	AMCX	C	0.04%	0.03%	0.03%
	AMN	F	0.21%	0.19%	0.19%
	AMPH	F	0.15%	0.14%	0.14%
	AMR	F	0.33%	0.31%	0.31%
	AMSF	D	0.09%	0.08%	0.08%
	AMWD	D	0.16%	0.13%	0.13%
	ANDE	D	0.18%	0.15%	0.15%
	ANF	B	0.59%	0.55%	0.55%
	ANIP	C	0.1%	0.09%	0.09%
	AOSL	B	0.04%	0.04%	0.04%
	APAM	C	0.27%	0.25%	0.25%
	APLE	D	0.29%	0.27%	0.27%
	APOG	A	0.14%	0.12%	0.12%
	ARCB	D	0.27%	0.24%	0.24%
	ARI	D	0.13%	0.11%	0.11%
	ARLO	C	0.11%	0.11%	0.11%
	AROC	B	0.26%	0.24%	0.24%
	ASIX	F	0.06%	0.05%	0.05%
	ASO	F	0.43%	0.36%	0.36%
	ASTE	F	0.07%	0.06%	0.06%
	ASTH	D	0.16%	0.14%	0.14%
	ATEN	B	0.1%	0.09%	0.09%
	ATGE	A	0.25%	0.21%	0.21%
	ATI	B	0.71%	0.65%	0.65%
	ATNI	F	0.02%	0.02%	0.02%
	AUB	C	0.24%	0.01%	0.01%
	AVA	B	0.28%	0.25%	0.25%
	AVAV	A	0.31%	0.43%	0.31%
	AVNS	C	0.09%	0.08%	0.08%
	AWI	D	0.49%	0.44%	0.44%
	AWR	B	0.26%	0.23%	0.23%
	AX	A	0.3%	0.26%	0.26%
	AXL	B	0.09%	0.08%	0.08%
	AZZ	C	0.19%	0.19%	0.19%
	B	B	0.18%	0.16%	0.16%
	BANF	B	0.13%	0.11%	0.11%
	BANR	B	0.14%	0.0%	0.0%
	BCC	D	0.56%	0.44%	0.44%
	BCPC	B	0.47%	0.43%	0.43%
	BDN	B	0.08%	0.07%	0.07%
	BFS	C	0.04%	0.04%	0.04%
	BGS	F	0.09%	0.08%	0.08%
	BHE	A	0.13%	0.12%	0.12%
	BHLB	B	0.09%	0.0%	0.0%
	BJRI	D	0.07%	0.07%	0.07%
	BKE	B	0.12%	0.1%	0.1%
	BKU	B	0.2%	0.0%	0.0%
	BLFS	B	0.06%	0.06%	0.06%
	BLMN	F	0.19%	0.18%	0.18%
	BMI	A	0.52%	0.48%	0.48%
	BOH	D	0.22%	0.0%	0.0%
	BOOT	C	0.31%	0.27%	0.27%
	BRC	B	0.26%	0.23%	0.23%
	BRKL	D	0.07%	0.07%	0.07%
	BSIG	C	0.07%	0.06%	0.06%
	BTU	F	0.22%	0.21%	0.21%
	BXMT	F	0.31%	0.26%	0.26%
	CAKE	B	0.15%	0.14%	0.14%
	CAL	C	0.12%	0.11%	0.11%
	CALM	D	0.22%	0.2%	0.2%
	CARG	C	0.19%	0.17%	0.17%
	CARS	C	0.11%	0.09%	0.09%
	CASH	B	0.13%	0.12%	0.12%
	CATY	C	0.24%	0.02%	0.02%
	CBRL	F	0.11%	0.1%	0.1%
	CBU	B	0.23%	0.0%	0.0%
	CCOI	F	0.29%	0.23%	0.23%
	CCRN	F	0.05%	0.05%	0.05%
	CCS	D	0.24%	0.2%	0.2%
	CEIX	C	0.2%	0.2%	0.2%
	CENTA	A	0.24%	0.16%	0.16%
	CENX	B	0.08%	0.08%	0.08%
	CERT	D	0.16%	0.16%	0.16%
	CEVA	F	0.05%	0.04%	0.04%
	CFFN	D	0.06%	0.05%	0.05%
	CHCO	B	0.15%	0.0%	0.0%
	CHEF	A	0.13%	0.12%	0.12%
	CHUY	F	0.05%	0.04%	0.04%
	CLB	D	0.07%	0.06%	0.06%
	CLDT	F	0.04%	0.04%	0.04%
	CLW	B	0.07%	0.07%	0.07%
	CNK	D	0.18%	0.16%	0.16%
	CNMD	F	0.2%	0.19%	0.19%
	CNSL	C	0.03%	0.03%	0.03%
	CNXN	C	0.07%	0.06%	0.06%
	COHU	F	0.13%	0.12%	0.12%
	COOP	A	0.5%	0.45%	0.45%
	CORT	B	0.21%	0.19%	0.19%
	CPF	B	0.05%	0.01%	0.01%
	CPK	B	0.23%	0.21%	0.21%
	CPRX	C	0.16%	0.14%	0.14%
	CRC	F	0.32%	0.29%	0.29%
	CRK	B	0.09%	0.08%	0.08%
	CRNC	F	0.04%	0.03%	0.03%
	CRS	B	0.47%	0.43%	0.43%
	CRSR	F	0.05%	0.04%	0.04%
	CRVL	A	0.22%	0.2%	0.2%
	CSGS	F	0.12%	0.1%	0.1%
	CSR	A	0.1%	0.09%	0.09%
	CTRE	C	0.27%	0.28%	0.27%
	CTS	A	0.15%	0.13%	0.13%
	CUBI	D	0.13%	0.11%	0.11%
	CVBF	C	0.21%	0.19%	0.19%
	CVCO	C	0.28%	0.25%	0.25%
	CVGW	B	0.05%	0.04%	0.04%
	CVI	F	0.08%	0.07%	0.07%
	CWEN	B	0.27%	0.17%	0.17%
	CWK	B	0.17%	0.12%	0.12%
	CWT	B	0.28%	0.25%	0.25%
	CXW	B	0.17%	0.15%	0.15%
	DAN	C	0.17%	0.15%	0.15%
	DBI	D	0.04%	0.03%	0.03%
	DCOM	C	0.07%	0.06%	0.06%
	DEA	B	0.11%	0.1%	0.1%
	DEI	B	0.22%	0.05%	0.05%
	DFIN	C	0.15%	0.13%	0.13%
	DGII	F	0.09%	0.08%	0.08%
	DIOD	D	0.33%	0.3%	0.3%
	DLX	A	0.1%	0.08%	0.08%
	DNOW	D	0.14%	0.13%	0.13%
	DORM	C	0.26%	0.22%	0.22%
	DRH	F	0.18%	0.16%	0.16%
	DRQ	F	0.06%	0.06%	0.06%
	DV	F	0.43%	0.36%	0.36%
	DVAX	F	0.14%	0.13%	0.13%
	DXC	F	0.39%	0.31%	0.31%
	DXPE	B	0.07%	0.06%	0.06%
	DY	A	0.38%	0.37%	0.37%
	EAT	A	0.23%	0.22%	0.22%
	ECPG	C	0.1%	0.09%	0.09%
	EFC	B	0.09%	0.08%	0.08%
	EGBN	F	0.06%	0.05%	0.05%
	EIG	D	0.11%	0.0%	0.0%
	ENR	C	0.19%	0.17%	0.17%
	ENSG	D	0.62%	0.57%	0.57%
	ENVA	B	0.18%	0.0%	0.0%
	EPAC	A	0.2%	0.18%	0.18%
	EPC	B	0.18%	0.16%	0.16%
	EPRT	A	0.39%	0.36%	0.36%
	ESE	C	0.27%	0.24%	0.24%
	ETD	D	0.07%	0.06%	0.06%
	EVTC	D	0.22%	0.21%	0.21%
	EXPI	C	0.09%	0.08%	0.08%
	EXTR	F	0.14%	0.04%	0.04%
	EYE	F	0.14%	0.12%	0.12%
	EZPW	D	0.05%	0.05%	0.05%
	FBK	B	0.13%	0.11%	0.11%
	FBNC	D	0.12%	0.0%	0.0%
	FBP	A	0.29%	0.0%	0.0%
	FCF	B	0.13%	0.12%	0.12%
	FCPT	B	0.21%	0.19%	0.19%
	FDP	F	0.08%	0.07%	0.07%
	FELE	C	0.38%	0.34%	0.34%
	FFBC	B	0.21%	0.0%	0.0%
	FHB	B	0.26%	0.24%	0.24%
	FIZZ	D	0.11%	0.09%	0.09%
	FL	F	0.26%	0.17%	0.17%
	FLGT	D	0.04%	0.04%	0.04%
	FN	B	0.63%	0.65%	0.63%
	FORM	A	0.39%	0.37%	0.37%
	FSS	A	0.5%	0.45%	0.45%
	FTDR	B	0.28%	0.24%	0.24%
	FTRE	D	0.32%	0.0%	0.0%
	FUL	C	0.41%	0.37%	0.37%
	FULT	A	0.26%	0.05%	0.05%
	FWRD	F	0.06%	0.06%	0.06%
	GBX	B	0.16%	0.14%	0.14%
	GDEN	D	0.07%	0.06%	0.06%
	GDOT	C	0.04%	0.0%	0.0%
	GEO	C	0.17%	0.14%	0.14%
	GES	C	0.07%	0.06%	0.06%
	GFF	C	0.28%	0.22%	0.22%
	GIII	D	0.13%	0.1%	0.1%
	GKOS	A	0.5%	0.45%	0.45%
	GMS	B	0.37%	0.32%	0.32%
	GNW	B	0.28%	0.01%	0.01%
	GPI	B	0.41%	0.34%	0.34%
	GPRE	F	0.13%	0.11%	0.11%
	GRBK	B	0.15%	0.12%	0.12%
	GSHD	F	0.13%	0.13%	0.13%
	GTY	B	0.12%	0.12%	0.12%
	GVA	A	0.25%	0.22%	0.22%
	HAFC	B	0.04%	0.0%	0.0%
	HAIN	F	0.06%	0.05%	0.05%
	HASI	B	0.28%	0.25%	0.25%
	HAYN	D	0.07%	0.06%	0.06%
	HAYW	C	0.18%	0.16%	0.16%
	HCC	C	0.3%	0.09%	0.09%
	HCI	D	0.07%	0.07%	0.07%
	HCSG	D	0.08%	0.07%	0.07%
	HFWA	B	0.06%	0.0%	0.0%
	HI	F	0.29%	0.27%	0.27%
	HIBB	A	0.11%	0.09%	0.09%
	HIW	B	0.27%	0.24%	0.24%
	HLIT	D	0.12%	0.1%	0.1%
	HLX	B	0.15%	0.14%	0.14%
	HMN	C	0.15%	0.0%	0.0%
	HNI	A	0.21%	0.18%	0.18%
	HOPE	C	0.12%	0.0%	0.0%
	HP	F	0.36%	0.33%	0.33%
	HPP	F	0.06%	0.06%	0.06%
	HRMY	F	0.1%	0.09%	0.09%
	HSII	C	0.06%	0.05%	0.05%
	HSTM	B	0.06%	0.06%	0.06%
	HTH	B	0.14%	0.0%	0.0%
	HTLD	D	0.05%	0.04%	0.04%
	HUBG	B	0.26%	0.23%	0.23%
	HVT	F	0.04%	0.03%	0.03%
	HWKN	B	0.14%	0.13%	0.13%
	HZO	F	0.05%	0.04%	0.04%
	IBP	D	0.56%	0.47%	0.47%
	IBTX	C	0.13%	0.12%	0.12%
	ICHR	D	0.11%	0.1%	0.1%
	IDCC	B	0.26%	0.23%	0.23%
	IIIN	D	0.06%	0.06%	0.06%
	IIPR	C	0.29%	0.26%	0.26%
	INDB	C	0.22%	0.0%	0.0%
	INN	F	0.06%	0.06%	0.06%
	INVA	B	0.08%	0.07%	0.07%
	IOSP	B	0.29%	0.27%	0.27%
	IPAR	D	0.22%	0.19%	0.19%
	ITGR	D	0.34%	0.32%	0.32%
	ITRI	B	0.45%	0.42%	0.42%
	JACK	F	0.1%	0.09%	0.09%
	JBGS	F	0.12%	0.0%	0.0%
	JBLU	D	0.17%	0.16%	0.16%
	JBSS	C	0.08%	0.08%	0.08%
	JBT	D	0.28%	0.25%	0.25%
	JJSF	B	0.21%	0.21%	0.21%
	JOE	B	0.21%	0.18%	0.18%
	JXN	B	0.46%	0.15%	0.15%
	KALU	A	0.15%	0.13%	0.13%
	KAR	B	0.18%	0.16%	0.16%
	KELYA	D	0.07%	0.06%	0.06%
	KFY	C	0.32%	0.28%	0.28%
	KLG	C	0.15%	0.14%	0.14%
	KLIC	D	0.25%	0.23%	0.23%
	KMT	B	0.19%	0.17%	0.17%
	KN	B	0.14%	0.13%	0.13%
	KOP	F	0.09%	0.08%	0.08%
	KREF	F	0.05%	0.05%	0.05%
	KSS	F	0.26%	0.23%	0.23%
	KTB	B	0.3%	0.29%	0.29%
	KWR	D	0.25%	0.22%	0.22%
	LBRT	B	0.33%	0.29%	0.29%
	LCII	D	0.28%	0.23%	0.23%
	LGIH	D	0.2%	0.17%	0.17%
	LGND	B	0.12%	0.1%	0.1%
	LKFN	C	0.14%	0.13%	0.13%
	LMAT	A	0.15%	0.13%	0.13%
	LNN	C	0.12%	0.11%	0.11%
	LPG	B	0.14%	0.12%	0.12%
	LQDT	B	0.04%	0.03%	0.03%
	LRN	B	0.27%	0.25%	0.25%
	LTC	A	0.13%	0.12%	0.12%
	LUMN	F	0.12%	0.03%	0.03%
	LXP	D	0.24%	0.22%	0.22%
	LZB	C	0.15%	0.12%	0.12%
	MAC	D	0.31%	0.28%	0.28%
	MATW	D	0.08%	0.08%	0.08%
	MATX	B	0.38%	0.33%	0.33%
	MC	C	0.35%	0.11%	0.11%
	MCRI	D	0.09%	0.08%	0.08%
	MCS	F	0.03%	0.02%	0.02%
	MCW	B	0.07%	0.06%	0.06%
	MCY	A	0.14%	0.13%	0.13%
	MD	F	0.07%	0.06%	0.06%
	MED	F	0.03%	0.02%	0.02%
	MERC	C	0.04%	0.04%	0.04%
	MGPI	D	0.12%	0.11%	0.11%
	MHO	C	0.33%	0.29%	0.29%
	MLAB	C	0.06%	0.05%	0.05%
	MLI	A	0.64%	0.57%	0.57%
	MLKN	D	0.2%	0.17%	0.17%
	MMI	D	0.08%	0.07%	0.07%
	MMSI	B	0.44%	0.4%	0.4%
	MNRO	F	0.08%	0.07%	0.07%
	MODG	C	0.23%	0.2%	0.2%
	MOV	D	0.04%	0.03%	0.03%
	MRCY	D	0.14%	0.13%	0.13%
	MRTN	D	0.1%	0.09%	0.09%
	MTH	A	0.62%	0.56%	0.56%
	MTRN	D	0.22%	0.19%	0.19%
	MTX	A	0.24%	0.22%	0.22%
	MXL	F	0.14%	0.13%	0.13%
	MYE	F	0.07%	0.06%	0.06%
	MYRG	D	0.24%	0.22%	0.22%
	NABL	D	0.09%	0.08%	0.08%
	NATL	B	0.15%	0.13%	0.13%
	NAVI	F	0.13%	0.11%	0.11%
	NBHC	B	0.12%	0.0%	0.0%
	NBR	F	0.06%	0.06%	0.06%
	NBTB	B	0.17%	0.0%	0.0%
	NEO	B	0.19%	0.17%	0.17%
	NFBK	D	0.03%	0.03%	0.03%
	NGVT	B	0.17%	0.15%	0.15%
	NHC	B	0.12%	0.11%	0.11%
	NMIH	A	0.26%	0.23%	0.23%
	NOG	C	0.35%	0.32%	0.32%
	NPK	B	0.04%	0.04%	0.04%
	NPO	D	0.31%	0.26%	0.26%
	NSIT	A	0.53%	0.47%	0.47%
	NTCT	F	0.14%	0.12%	0.12%
	NUS	D	0.06%	0.05%	0.05%
	NVEE	D	0.12%	0.1%	0.1%
	NVRI	D	0.06%	0.05%	0.05%
	NWBI	C	0.13%	0.0%	0.0%
	NWL	C	0.28%	0.26%	0.26%
	NWN	B	0.13%	0.12%	0.12%
	NX	D	0.11%	0.1%	0.1%
	ODP	F	0.18%	0.15%	0.15%
	OFG	B	0.17%	0.15%	0.15%
	OI	F	0.21%	0.18%	0.18%
	OII	B	0.22%	0.2%	0.2%
	OMCL	C	0.12%	0.12%	0.12%
	OMI	F	0.14%	0.12%	0.12%
	OSIS	C	0.2%	0.18%	0.18%
	OSUR	F	0.04%	0.03%	0.03%
	OTTR	B	0.38%	0.32%	0.32%
	OXM	B	0.15%	0.14%	0.14%
	PAHC	A	0.03%	0.03%	0.03%
	PARR	F	0.17%	0.03%	0.03%
	PATK	C	0.24%	0.2%	0.2%
	PBH	D	0.32%	0.3%	0.3%
	PBI	B	0.07%	0.02%	0.02%
	PCRX	D	0.12%	0.11%	0.11%
	PDCO	F	0.21%	0.18%	0.18%
	PDFS	C	0.09%	0.08%	0.08%
	PEB	D	0.17%	0.15%	0.15%
	PECO	F	0.37%	0.35%	0.35%
	PFBC	A	0.09%	0.03%	0.03%
	PFS	B	0.11%	0.0%	0.0%
	PHIN	A	0.18%	0.17%	0.17%
	PINC	F	0.24%	0.2%	0.2%
	PIPR	A	0.29%	0.27%	0.27%
	PJT	B	0.22%	0.19%	0.19%
	PLAB	B	0.17%	0.16%	0.16%
	PLAY	D	0.18%	0.14%	0.14%
	PLMR	B	0.2%	0.18%	0.18%
	PLUS	B	0.21%	0.18%	0.18%
	PLXS	B	0.28%	0.25%	0.25%
	PMT	A	0.12%	0.11%	0.11%
	POWL	B	0.16%	0.12%	0.12%
	PPBI	B	0.2%	0.0%	0.0%
	PRA	C	0.06%	0.07%	0.06%
	PRAA	B	0.1%	0.08%	0.08%
	PRDO	B	0.16%	0.13%	0.13%
	PRFT	B	0.25%	0.22%	0.22%
	PRG	B	0.14%	0.13%	0.13%
	PRGS	F	0.21%	0.19%	0.19%
	PRK	A	0.18%	0.17%	0.17%
	PRLB	D	0.08%	0.07%	0.07%
	PRVA	F	0.2%	0.17%	0.17%
	PSMT	A	0.2%	0.18%	0.18%
	PTEN	D	0.33%	0.3%	0.3%
	PUMP	B	0.08%	0.07%	0.07%
	QNST	C	0.09%	0.09%	0.09%
	RAMP	F	0.21%	0.19%	0.19%
	RC	F	0.14%	0.12%	0.12%
	RCUS	F	0.08%	0.07%	0.07%
	RDN	C	0.44%	0.13%	0.13%
	RDNT	A	0.24%	0.06%	0.06%
	RES	F	0.06%	0.05%	0.05%
	REX	B	0.09%	0.07%	0.07%
	REZI	C	0.29%	0.26%	0.26%
	RGP	F	0.03%	0.03%	0.03%
	RGR	F	0.08%	0.07%	0.07%
	RNST	B	0.16%	0.0%	0.0%
	ROCK	D	0.21%	0.19%	0.19%
	ROG	C	0.2%	0.17%	0.17%
	ROIC	D	0.15%	0.14%	0.14%
	RUSHA	D	0.26%	0.24%	0.24%
	RXO	C	0.24%	0.21%	0.21%
	SAFT	B	0.12%	0.0%	0.0%
	SAH	B	0.08%	0.07%	0.07%
	SANM	B	0.33%	0.31%	0.31%
	SATS	C	0.2%	0.18%	0.18%
	SBCF	B	0.19%	0.0%	0.0%
	SBH	F	0.12%	0.09%	0.09%
	SBSI	D	0.07%	0.07%	0.07%
	SCHL	F	0.1%	0.08%	0.08%
	SCL	C	0.18%	0.16%	0.16%
	SCSC	A	0.1%	0.1%	0.1%
	SCVL	B	0.07%	0.05%	0.05%
	SDGR	F	0.13%	0.11%	0.11%
	SEE	B	0.48%	0.15%	0.15%
	SEM	A	0.31%	0.29%	0.29%
	SFBS	C	0.29%	0.26%	0.26%
	SFNC	D	0.21%	0.0%	0.0%
	SGH	F	0.08%	0.08%	0.08%
	SHAK	C	0.4%	0.34%	0.34%
	SHEN	D	0.07%	0.06%	0.06%
	SHO	D	0.2%	0.18%	0.18%
	SHOO	C	0.27%	0.24%	0.24%
	SIG	D	0.44%	0.37%	0.37%
	SITC	D	0.24%	0.04%	0.04%
	SJW	C	0.15%	0.14%	0.14%
	SKT	D	0.27%	0.26%	0.26%
	SKYW	B	0.29%	0.27%	0.27%
	SLCA	B	0.12%	0.1%	0.1%
	SLG	B	0.31%	0.28%	0.28%
	SLP	B	0.07%	0.07%	0.07%
	SLVM	C	0.22%	0.2%	0.2%
	SM	C	0.55%	0.5%	0.5%
	SMP	C	0.06%	0.05%	0.05%
	SMPL	B	0.34%	0.29%	0.29%
	SNCY	F	0.05%	0.04%	0.04%
	SNEX	B	0.2%	0.18%	0.18%
	SONO	D	0.22%	0.19%	0.19%
	SPNT	C	0.1%	0.09%	0.09%
	SPSC	B	0.67%	0.6%	0.6%
	SPTN	D	0.07%	0.06%	0.06%
	SPWR	F	0.02%	0.02%	0.02%
	SSTK	F	0.09%	0.08%	0.08%
	STBA	B	0.12%	0.1%	0.1%
	STC	B	0.16%	0.0%	0.0%
	STRA	B	0.27%	0.23%	0.23%
	SUPN	F	0.15%	0.15%	0.15%
	SVC	F	0.1%	0.09%	0.09%
	SXC	D	0.08%	0.07%	0.07%
	SXI	C	0.19%	0.17%	0.17%
	SXT	A	0.31%	0.27%	0.27%
	TALO	F	0.17%	0.15%	0.15%
	TBBK	D	0.19%	0.0%	0.0%
	TDS	B	0.15%	0.13%	0.13%
	THRY	C	0.06%	0.06%	0.06%
	THS	F	0.17%	0.15%	0.15%
	TILE	B	0.09%	0.08%	0.08%
	TMP	D	0.05%	0.05%	0.05%
	TNC	D	0.2%	0.17%	0.17%
	TPH	A	0.37%	0.33%	0.33%
	TR	D	0.05%	0.05%	0.05%
	TRIP	F	0.26%	0.24%	0.24%
	TRMK	A	0.18%	0.0%	0.0%
	TRN	A	0.24%	0.21%	0.21%
	TRST	B	0.05%	0.0%	0.0%
	TTEC	F	0.02%	0.01%	0.01%
	TTMI	A	0.17%	0.15%	0.15%
	TWI	F	0.04%	0.04%	0.04%
	UCBI	B	0.3%	0.0%	0.0%
	UCTT	C	0.17%	0.17%	0.17%
	UE	B	0.19%	0.17%	0.17%
	UFCS	B	0.05%	0.04%	0.04%
	UFPT	B	0.17%	0.15%	0.15%
	UNF	D	0.23%	0.21%	0.21%
	UNFI	F	0.07%	0.05%	0.05%
	URBN	C	0.22%	0.2%	0.2%
	USNA	D	0.05%	0.04%	0.04%
	USPH	C	0.15%	0.14%	0.14%
	UTL	B	0.08%	0.07%	0.07%
	UVV	B	0.12%	0.11%	0.11%
	VBTX	B	0.1%	0.0%	0.0%
	VCEL	B	0.21%	0.2%	0.2%
	VECO	B	0.2%	0.18%	0.18%
	VIAV	F	0.14%	0.14%	0.14%
	VICR	F	0.07%	0.06%	0.06%
	VREX	F	0.06%	0.05%	0.05%
	VRRM	A	0.42%	0.38%	0.38%
	VRTS	D	0.14%	0.13%	0.13%
	VSAT	D	0.13%	0.11%	0.11%
	VSCO	D	0.15%	0.12%	0.12%
	VSTO	B	0.2%	0.18%	0.18%
	VSTS	F	0.12%	0.11%	0.11%
	VTOL	A	0.07%	0.06%	0.06%
	VVI	D	0.07%	0.06%	0.06%
	WABC	B	0.12%	0.11%	0.11%
	WAFD	B	0.18%	0.17%	0.17%
	WD	B	0.32%	0.28%	0.28%
	WDFC	D	0.32%	0.27%	0.27%
	WGO	D	0.2%	0.15%	0.15%
	WIRE	C	0.46%	0.38%	0.38%
	WNC	D	0.1%	0.09%	0.09%
	WOR	D	0.17%	0.15%	0.15%
	WRLD	C	0.05%	0.04%	0.04%
	WS	F	0.1%	0.08%	0.08%
	WSFS	B	0.26%	0.0%	0.0%
	WSR	B	0.05%	0.05%	0.05%
	XHR	C	0.15%	0.13%	0.13%
	XPEL	F	0.07%	0.06%	0.06%
	XRX	D	0.16%	0.13%	0.13%
	YELP	D	0.27%	0.24%	0.24%
	ZEUS	F	0.06%	0.04%	0.04%

QVMS Overweight 3 Positions Relative to IJR

	Symbol	Grade	Weight
	AAON	D	0.51%
	MOG.A	A	0.45%
	AGTI	C	0.03%

QVMS Underweight 93 Positions Relative to IJR

	Symbol	Grade	Weight
	SPXC	A	-0.53%
	OGN	B	-0.44%
	AL	C	-0.42%
	MGY	B	-0.41%
	MARA	D	-0.38%
	VFC	F	-0.36%
	BOX	D	-0.32%
	IAC	B	-0.3%
	SEDG	F	-0.28%
	MSGS	B	-0.27%
	BL	D	-0.26%
	TNDM	B	-0.25%
	MGEE	A	-0.25%
	ARCH	D	-0.25%
	SMTC	B	-0.22%
	MPW	C	-0.22%
	RUN	F	-0.22%
	BGC	B	-0.2%
	NARI	D	-0.19%
	OUT	D	-0.19%
	MBC	D	-0.19%
	STAA	C	-0.19%
	BANC	B	-0.18%
	ICUI	C	-0.18%
	CNS	D	-0.16%
	SIX	C	-0.16%
	FOXF	D	-0.16%
	PZZA	F	-0.16%
	MYGN	A	-0.15%
	DOCN	D	-0.15%
	CALX	F	-0.15%
	CABO	F	-0.15%
	TFIN	D	-0.14%
	WLY	C	-0.14%
	THRM	F	-0.14%
	VYX	D	-0.14%
	SITM	B	-0.14%
	WKC	D	-0.13%
	XNCR	C	-0.13%
	CXM	F	-0.13%
	HBI	D	-0.13%
	ELME	B	-0.12%
	VGR	C	-0.12%
	ENV	B	-0.12%
	UPBD	C	-0.12%
	LNC	B	-0.12%
	VRE	B	-0.11%
	VTLE	F	-0.11%
	TWO	C	-0.11%
	IRWD	F	-0.1%
	COLL	D	-0.1%
	SABR	C	-0.09%
	WT	C	-0.09%
	KW	C	-0.09%
	FBRT	B	-0.09%
	STEL	D	-0.09%
	SAFE	D	-0.08%
	LESL	F	-0.08%
	WWW	B	-0.08%
	BFH	B	-0.08%
	TRUP	D	-0.08%
	UNIT	F	-0.08%
	AORT	B	-0.08%
	ARR	B	-0.08%
	MSEX	C	-0.08%
	MATV	C	-0.08%
	MTUS	C	-0.07%
	RWT	C	-0.07%
	VIR	F	-0.07%
	DIN	F	-0.06%
	RGNX	F	-0.06%
	TTGT	D	-0.06%
	RILY	C	-0.05%
	HOUS	F	-0.05%
	NYMT	F	-0.05%
	CHCT	F	-0.05%
	EMBC	D	-0.05%
	GOGO	C	-0.05%
	CTKB	F	-0.05%
	CMP	F	-0.04%
	UHT	C	-0.04%
	GNL	C	-0.04%
	XPER	F	-0.04%
	DDD	F	-0.04%
	EHAB	F	-0.04%
	ADTN	D	-0.03%
	CENT	B	-0.03%
	MEI	F	-0.03%
	TGI	C	-0.02%
	PAYO	B	-0.01%
	RNAC	D	-0.0%
	NXRT	B	-0.0%
	ADEA	C	-0.0%

QVMS: Top Represented Industries & Keywords

Industries: Banks - Regional - US REIT - Diversified Biotechnology Packaged Foods REIT - Retail Software - Application Specialty Chemicals Diversified Industrials Specialty Retail Insurance - Property & Casualty Oil & Gas Equipment & Services REIT - Hotel & Motel Restaurants Apparel Stores Building Materials Electronic Components Asset Management Auto Parts Communication Equipment Semiconductor Equipment & Materials

Keywords: Bank Banking Deposit Products Real Estate Investment Trust Real Estate Loans Chemical Computing Clothing Medicine Aerospace Retail Store Semiconductor Commercial Bank Commercial Banking Insurance Mining Transport Construction Fashion Mortgage Loan

IJR: Top Represented Industries & Keywords

Industries: Banks - Regional - US REIT - Diversified Biotechnology Software - Application Packaged Foods Diversified Industrials REIT - Retail Restaurants Specialty Chemicals Asset Management Specialty Retail Communication Equipment Electronic Components Insurance - Property & Casualty Oil & Gas Equipment & Services REIT - Hotel & Motel Telecom Services Apparel Stores Auto Parts Drug Manufacturers - Specialty & Generic

Keywords: Bank Banking Real Estate Investment Trust Deposit Products Medicine Computing Chemical Clothing Real Estate Loans Aerospace Mortgage Loan Mining Retail Store Semiconductor Commercial Bank Insurance Commercial Banking Fashion Telecommunications Transport