QVMS vs. SLYV ETF Comparison

Comparison of Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS) to SPDR S&P 600 Small Cap Value ETF (based on S&P SmallCap Value Index (SLYV)

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

$29.34

Average Daily Volume

483

Number of Holdings ^*

523

* may have additional holdings in another (foreign) market

SLYV

SPDR S&P 600 Small Cap Value ETF (based on S&P SmallCap Value Index

SLYV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of small capitalization exchange traded U.S. equity securities exhibiting "value" characteristics. In seeking to track the performance of the S&P SmallCap 600 Value Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index measures the performance of the small-capitalization value sector in the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$93.11

Average Daily Volume

196,680

Number of Holdings ^*

448

* may have additional holdings in another (foreign) market

Performance

Period	QVMS	SLYV
30 Days	7.00%	6.49%
60 Days	6.30%	5.79%
90 Days	6.54%	6.53%
12 Months	30.65%	27.60%

397 Overlapping Holdings

	Symbol	Grade	Weight in QVMS	Weight in SLYV	Overlap
	AAP	D	0.22%	0.34%	0.22%
	AAT	B	0.1%	0.18%	0.1%
	ABCB	B	0.36%	0.62%	0.36%
	ABG	C	0.46%	0.37%	0.37%
	ABM	B	0.31%	0.48%	0.31%
	ABR	C	0.22%	0.39%	0.22%
	ACA	A	0.41%	0.29%	0.29%
	ACIW	B	0.47%	0.29%	0.29%
	ADUS	D	0.17%	0.17%	0.17%
	AEIS	C	0.35%	0.22%	0.22%
	AGO	B	0.37%	0.25%	0.25%
	AHCO	F	0.06%	0.15%	0.06%
	AHH	D	0.06%	0.06%	0.06%
	AIN	C	0.21%	0.18%	0.18%
	AIR	B	0.17%	0.09%	0.09%
	AKR	B	0.19%	0.36%	0.19%
	AL	B	0.42%	0.55%	0.42%
	ALEX	B	0.1%	0.19%	0.1%
	ALGT	B	0.08%	0.15%	0.08%
	ALK	B	0.46%	0.92%	0.46%
	ALKS	C	0.39%	0.23%	0.23%
	AMN	F	0.09%	0.06%	0.06%
	AMSF	B	0.09%	0.09%	0.09%
	AMWD	C	0.13%	0.09%	0.09%
	ANDE	D	0.13%	0.1%	0.1%
	AORT	B	0.09%	0.07%	0.07%
	AOSL	C	0.06%	0.1%	0.06%
	APAM	B	0.26%	0.2%	0.2%
	APOG	C	0.15%	0.14%	0.14%
	ARCH	B	0.25%	0.13%	0.13%
	ARI	C	0.09%	0.06%	0.06%
	ASIX	B	0.06%	0.11%	0.06%
	ASO	F	0.28%	0.49%	0.28%
	ASTE	C	0.07%	0.12%	0.07%
	ATEN	A	0.09%	0.09%	0.09%
	AUB	B	0.31%	0.53%	0.31%
	AVA	A	0.23%	0.4%	0.23%
	AVNS	F	0.07%	0.12%	0.07%
	AWR	B	0.24%	0.2%	0.2%
	AX	B	0.35%	0.22%	0.22%
	AXL	C	0.06%	0.1%	0.06%
	B	A	0.21%	0.29%	0.21%
	BANF	B	0.14%	0.13%	0.13%
	BANR	B	0.2%	0.35%	0.2%
	BCPC	B	0.47%	0.35%	0.35%
	BDN	C	0.07%	0.12%	0.07%
	BFH	C	0.26%	0.39%	0.26%
	BFS	C	0.04%	0.03%	0.03%
	BGC	C	0.32%	0.23%	0.23%
	BGS	F	0.04%	0.07%	0.04%
	BHE	C	0.14%	0.24%	0.14%
	BHLB	B	0.1%	0.09%	0.09%
	BJRI	C	0.07%	0.12%	0.07%
	BKE	B	0.11%	0.08%	0.08%
	BKU	A	0.25%	0.42%	0.25%
	BL	B	0.24%	0.14%	0.14%
	BLFS	C	0.07%	0.04%	0.04%
	BLMN	F	0.1%	0.07%	0.07%
	BOH	B	0.24%	0.25%	0.24%
	BRC	D	0.26%	0.16%	0.16%
	BRKL	B	0.09%	0.15%	0.09%
	BTU	B	0.24%	0.26%	0.24%
	BXMT	C	0.24%	0.44%	0.24%
	CABO	B	0.16%	0.26%	0.16%
	CAKE	C	0.18%	0.17%	0.17%
	CAL	F	0.08%	0.15%	0.08%
	CALX	D	0.14%	0.12%	0.12%
	CATY	B	0.3%	0.27%	0.27%
	CBRL	C	0.09%	0.15%	0.09%
	CBU	B	0.3%	0.5%	0.3%
	CCS	D	0.2%	0.16%	0.16%
	CENTA	C	0.17%	0.23%	0.17%
	CENX	B	0.09%	0.15%	0.09%
	CERT	F	0.09%	0.07%	0.07%
	CEVA	B	0.05%	0.05%	0.05%
	CFFN	C	0.07%	0.11%	0.07%
	CHCO	B	0.15%	0.1%	0.1%
	CHEF	A	0.12%	0.2%	0.12%
	CLB	B	0.08%	0.07%	0.07%
	CMA	B	0.71%	1.28%	0.71%
	CNS	B	0.2%	0.19%	0.19%
	CNXN	C	0.06%	0.12%	0.06%
	COHU	C	0.1%	0.1%	0.1%
	COOP	B	0.51%	0.86%	0.51%
	CORT	B	0.38%	0.25%	0.25%
	CPF	B	0.07%	0.11%	0.07%
	CPK	A	0.21%	0.21%	0.21%
	CRK	B	0.1%	0.08%	0.08%
	CRSR	C	0.03%	0.04%	0.03%
	CSGS	B	0.13%	0.11%	0.11%
	CSR	B	0.08%	0.15%	0.08%
	CTKB	C	0.05%	0.1%	0.05%
	CTRE	C	0.32%	0.26%	0.26%
	CTS	C	0.14%	0.1%	0.1%
	CVBF	A	0.25%	0.41%	0.25%
	CVI	F	0.05%	0.04%	0.04%
	CWEN	C	0.24%	0.31%	0.24%
	CWEN	C	0.24%	0.12%	0.12%
	CWK	C	0.21%	0.45%	0.21%
	CWT	C	0.23%	0.24%	0.23%
	CXM	C	0.08%	0.13%	0.08%
	CXW	C	0.19%	0.32%	0.19%
	DAN	D	0.1%	0.15%	0.1%
	DCOM	B	0.09%	0.16%	0.09%
	DEA	D	0.1%	0.17%	0.1%
	DEI	B	0.23%	0.43%	0.23%
	DGII	C	0.1%	0.16%	0.1%
	DIOD	D	0.22%	0.14%	0.14%
	DLX	B	0.08%	0.14%	0.08%
	DNOW	B	0.13%	0.21%	0.13%
	DORM	B	0.3%	0.16%	0.16%
	DXC	B	0.29%	0.54%	0.29%
	DXPE	C	0.08%	0.12%	0.08%
	DY	D	0.39%	0.74%	0.39%
	EAT	A	0.4%	0.41%	0.4%
	EGBN	B	0.07%	0.12%	0.07%
	EIG	B	0.1%	0.18%	0.1%
	ELME	D	0.11%	0.2%	0.11%
	ENR	B	0.19%	0.16%	0.16%
	ENV	B	0.24%	0.25%	0.24%
	ENVA	B	0.24%	0.37%	0.24%
	EPAC	C	0.21%	0.12%	0.12%
	EPC	F	0.15%	0.24%	0.15%
	EPRT	B	0.43%	0.38%	0.38%
	ETD	C	0.05%	0.05%	0.05%
	EYE	C	0.07%	0.12%	0.07%
	EZPW	B	0.05%	0.09%	0.05%
	FBK	C	0.16%	0.27%	0.16%
	FBNC	B	0.15%	0.26%	0.15%
	FBRT	D	0.08%	0.14%	0.08%
	FCF	B	0.15%	0.14%	0.14%
	FCPT	C	0.18%	0.2%	0.18%
	FDP	B	0.09%	0.15%	0.09%
	FFBC	B	0.22%	0.38%	0.22%
	FHB	B	0.28%	0.48%	0.28%
	FIZZ	C	0.09%	0.07%	0.07%
	FL	F	0.19%	0.27%	0.19%
	FLGT	F	0.03%	0.05%	0.03%
	FTRE	D	0.15%	0.25%	0.15%
	FUL	F	0.34%	0.29%	0.29%
	FULT	A	0.32%	0.53%	0.32%
	GBX	A	0.17%	0.29%	0.17%
	GDEN	B	0.06%	0.04%	0.04%
	GDOT	D	0.04%	0.08%	0.04%
	GEO	B	0.29%	0.49%	0.29%
	GFF	A	0.23%	0.14%	0.14%
	GIII	D	0.08%	0.17%	0.08%
	GNL	F	0.11%	0.2%	0.11%
	GNW	A	0.26%	0.43%	0.26%
	GO	C	0.16%	0.24%	0.16%
	GOGO	C	0.04%	0.04%	0.04%
	GPRE	F	0.06%	0.1%	0.06%
	GTES	A	0.35%	0.43%	0.35%
	GTY	A	0.12%	0.12%	0.12%
	GVA	A	0.33%	0.28%	0.28%
	HAFC	B	0.06%	0.11%	0.06%
	HAIN	D	0.05%	0.08%	0.05%
	HASI	D	0.23%	0.44%	0.23%
	HAYN	A	0.06%	0.05%	0.05%
	HAYW	B	0.16%	0.31%	0.16%
	HBI	B	0.21%	0.38%	0.21%
	HCSG	C	0.07%	0.12%	0.07%
	HFWA	C	0.07%	0.12%	0.07%
	HI	C	0.22%	0.33%	0.22%
	HIW	C	0.26%	0.47%	0.26%
	HLIT	D	0.11%	0.09%	0.09%
	HMN	B	0.14%	0.23%	0.14%
	HNI	B	0.21%	0.14%	0.14%
	HOPE	C	0.13%	0.23%	0.13%
	HP	C	0.27%	0.21%	0.21%
	HPP	F	0.04%	0.08%	0.04%
	HRMY	D	0.08%	0.1%	0.08%
	HSII	B	0.07%	0.13%	0.07%
	HSTM	B	0.06%	0.05%	0.05%
	HTH	C	0.12%	0.2%	0.12%
	HTLD	C	0.04%	0.03%	0.03%
	HTZ	C	0.05%	0.07%	0.05%
	HUBG	A	0.25%	0.43%	0.25%
	HZO	F	0.05%	0.08%	0.05%
	IAC	F	0.26%	0.28%	0.26%
	IART	C	0.14%	0.22%	0.14%
	IBTX	B	0.18%	0.32%	0.18%
	ICHR	C	0.09%	0.15%	0.09%
	ICUI	D	0.26%	0.58%	0.26%
	IIIN	C	0.05%	0.03%	0.03%
	IIPR	D	0.22%	0.18%	0.18%
	INDB	B	0.25%	0.42%	0.25%
	INN	D	0.05%	0.05%	0.05%
	INVA	D	0.08%	0.07%	0.07%
	IOSP	C	0.25%	0.15%	0.15%
	ITRI	C	0.42%	0.37%	0.37%
	JBGS	F	0.1%	0.18%	0.1%
	JBLU	F	0.17%	0.29%	0.17%
	JBSS	F	0.06%	0.05%	0.05%
	JBT	B	0.3%	0.21%	0.21%
	JXN	C	0.58%	1.04%	0.58%
	KALU	C	0.11%	0.18%	0.11%
	KAR	B	0.18%	0.29%	0.18%
	KELYA	F	0.04%	0.07%	0.04%
	KFY	B	0.32%	0.24%	0.24%
	KLG	B	0.08%	0.16%	0.08%
	KLIC	B	0.21%	0.13%	0.13%
	KMT	B	0.18%	0.31%	0.18%
	KN	B	0.14%	0.13%	0.13%
	KOP	C	0.07%	0.05%	0.05%
	KREF	C	0.05%	0.09%	0.05%
	KRYS	C	0.33%	0.21%	0.21%
	KSS	F	0.16%	0.29%	0.16%
	KWR	C	0.19%	0.15%	0.15%
	LCII	C	0.23%	0.15%	0.15%
	LGIH	F	0.17%	0.12%	0.12%
	LGND	C	0.15%	0.29%	0.15%
	LKFN	C	0.15%	0.14%	0.14%
	LNC	C	0.5%	0.82%	0.5%
	LNN	B	0.11%	0.09%	0.09%
	LTC	B	0.13%	0.13%	0.13%
	LXP	D	0.21%	0.38%	0.21%
	LZB	B	0.14%	0.11%	0.11%
	MAC	B	0.31%	0.57%	0.31%
	MATV	D	0.05%	0.09%	0.05%
	MATW	C	0.06%	0.04%	0.04%
	MC	C	0.43%	0.34%	0.34%
	MCW	C	0.06%	0.05%	0.05%
	MCY	A	0.17%	0.27%	0.17%
	MD	C	0.09%	0.17%	0.09%
	MGEE	B	0.29%	0.24%	0.24%
	MGPI	F	0.06%	0.04%	0.04%
	MLAB	F	0.04%	0.08%	0.04%
	MLKN	F	0.15%	0.23%	0.15%
	MMI	C	0.08%	0.08%	0.08%
	MMSI	A	0.44%	0.33%	0.33%
	MNRO	D	0.07%	0.12%	0.07%
	MODG	F	0.1%	0.16%	0.1%
	MPW	F	0.18%	0.35%	0.18%
	MRCY	C	0.17%	0.28%	0.17%
	MRTN	D	0.08%	0.07%	0.07%
	MSEX	C	0.09%	0.09%	0.09%
	MTUS	C	0.05%	0.03%	0.03%
	MTX	B	0.21%	0.18%	0.18%
	MYE	F	0.04%	0.03%	0.03%
	MYGN	F	0.12%	0.1%	0.1%
	NABL	F	0.06%	0.04%	0.04%
	NAVI	F	0.11%	0.16%	0.11%
	NBHC	C	0.15%	0.26%	0.15%
	NBR	C	0.06%	0.09%	0.06%
	NBTB	B	0.2%	0.33%	0.2%
	NHC	C	0.15%	0.11%	0.11%
	NMIH	C	0.24%	0.14%	0.14%
	NPK	B	0.03%	0.03%	0.03%
	NPO	A	0.28%	0.26%	0.26%
	NSIT	F	0.35%	0.21%	0.21%
	NTCT	C	0.14%	0.22%	0.14%
	NVEE	F	0.09%	0.16%	0.09%
	NVRI	D	0.05%	0.08%	0.05%
	NWBI	B	0.15%	0.26%	0.15%
	NWL	C	0.25%	0.52%	0.25%
	NWN	A	0.12%	0.22%	0.12%
	NX	C	0.11%	0.06%	0.06%
	NXRT	B	0.08%	0.14%	0.08%
	ODP	F	0.07%	0.12%	0.07%
	OGN	F	0.33%	0.54%	0.33%
	OI	C	0.16%	0.28%	0.16%
	OMI	F	0.07%	0.12%	0.07%
	PAHC	C	0.04%	0.07%	0.04%
	PAYO	A	0.21%	0.22%	0.21%
	PBH	A	0.33%	0.3%	0.3%
	PCRX	C	0.07%	0.1%	0.07%
	PDCO	F	0.13%	0.21%	0.13%
	PEB	D	0.12%	0.21%	0.12%
	PECO	A	0.35%	0.32%	0.32%
	PENN	C	0.25%	0.43%	0.25%
	PFS	B	0.23%	0.39%	0.23%
	PHIN	A	0.19%	0.31%	0.19%
	PINC	B	0.19%	0.33%	0.19%
	PIPR	A	0.42%	0.37%	0.37%
	PJT	A	0.28%	0.22%	0.22%
	PLAB	C	0.14%	0.06%	0.06%
	PLUS	F	0.18%	0.11%	0.11%
	PLXS	B	0.33%	0.32%	0.32%
	PMT	C	0.09%	0.16%	0.09%
	PPBI	C	0.22%	0.37%	0.22%
	PRA	C	0.07%	0.12%	0.07%
	PRAA	D	0.08%	0.12%	0.08%
	PRDO	B	0.14%	0.1%	0.1%
	PRK	B	0.23%	0.23%	0.23%
	PRLB	B	0.08%	0.04%	0.04%
	PSMT	D	0.18%	0.31%	0.18%
	PTEN	C	0.23%	0.18%	0.18%
	PTGX	D	0.17%	0.1%	0.1%
	PUMP	C	0.05%	0.09%	0.05%
	QNST	B	0.08%	0.16%	0.08%
	RC	D	0.09%	0.16%	0.09%
	RCUS	F	0.06%	0.07%	0.06%
	RDN	D	0.42%	0.32%	0.32%
	REZI	A	0.31%	0.51%	0.31%
	RGNX	D	0.04%	0.04%	0.04%
	RGR	F	0.05%	0.09%	0.05%
	RHI	C	0.59%	1.06%	0.59%
	RNST	B	0.19%	0.32%	0.19%
	ROG	D	0.14%	0.08%	0.08%
	ROIC	A	0.17%	0.3%	0.17%
	RUSHA	C	0.32%	0.29%	0.29%
	RXO	D	0.27%	0.28%	0.27%
	SAFT	B	0.1%	0.17%	0.1%
	SAH	C	0.08%	0.13%	0.08%
	SANM	B	0.34%	0.59%	0.34%
	SATS	D	0.17%	0.37%	0.17%
	SBCF	B	0.2%	0.35%	0.2%
	SBH	C	0.11%	0.19%	0.11%
	SBSI	C	0.08%	0.09%	0.08%
	SCHL	F	0.05%	0.09%	0.05%
	SCL	C	0.13%	0.22%	0.13%
	SCSC	C	0.11%	0.15%	0.11%
	SCVL	F	0.05%	0.09%	0.05%
	SEE	C	0.42%	0.43%	0.42%
	SEM	B	0.32%	0.54%	0.32%
	SFBS	C	0.38%	0.35%	0.35%
	SFNC	C	0.25%	0.43%	0.25%
	SITM	B	0.28%	0.22%	0.22%
	SJW	F	0.12%	0.12%	0.12%
	SKYW	C	0.35%	0.28%	0.28%
	SLG	B	0.37%	0.68%	0.37%
	SLP	D	0.04%	0.03%	0.03%
	SLVM	B	0.24%	0.4%	0.24%
	SMP	C	0.05%	0.1%	0.05%
	SMPL	B	0.24%	0.17%	0.17%
	SNCY	C	0.04%	0.05%	0.04%
	SNDR	B	0.09%	0.2%	0.09%
	SNEX	B	0.21%	0.38%	0.21%
	SONO	C	0.14%	0.23%	0.14%
	SPTN	D	0.05%	0.08%	0.05%
	SSTK	F	0.06%	0.05%	0.05%
	STAA	F	0.11%	0.07%	0.07%
	STBA	B	0.13%	0.1%	0.1%
	STC	B	0.16%	0.28%	0.16%
	STEP	C	0.27%	0.4%	0.27%
	STRA	C	0.17%	0.19%	0.17%
	SUPN	C	0.17%	0.16%	0.16%
	SVC	F	0.04%	0.06%	0.04%
	SWI	C	0.05%	0.06%	0.05%
	SXC	A	0.09%	0.14%	0.09%
	SXT	C	0.26%	0.26%	0.26%
	TALO	C	0.15%	0.2%	0.15%
	TDS	B	0.24%	0.21%	0.21%
	THRM	F	0.12%	0.1%	0.1%
	THRY	D	0.03%	0.07%	0.03%
	THS	D	0.12%	0.21%	0.12%
	TILE	B	0.12%	0.21%	0.12%
	TMP	B	0.08%	0.13%	0.08%
	TPH	D	0.32%	0.21%	0.21%
	TR	B	0.04%	0.03%	0.03%
	TRMK	C	0.19%	0.32%	0.19%
	TRN	B	0.25%	0.21%	0.21%
	TRST	B	0.06%	0.1%	0.06%
	TRUP	B	0.15%	0.12%	0.12%
	TTMI	C	0.2%	0.34%	0.2%
	TWI	F	0.03%	0.05%	0.03%
	UCB	A	0.31%	0.53%	0.31%
	UCTT	D	0.13%	0.22%	0.13%
	UE	B	0.21%	0.16%	0.16%
	UFCS	A	0.04%	0.08%	0.04%
	UHT	D	0.04%	0.04%	0.04%
	UNF	B	0.23%	0.24%	0.23%
	UNFI	A	0.1%	0.17%	0.1%
	UPBD	B	0.12%	0.1%	0.1%
	USNA	C	0.04%	0.06%	0.04%
	USPH	B	0.11%	0.09%	0.09%
	UTL	B	0.07%	0.07%	0.07%
	UVV	B	0.1%	0.18%	0.1%
	VBTX	B	0.13%	0.22%	0.13%
	VFC	C	0.53%	0.93%	0.53%
	VIAV	C	0.18%	0.31%	0.18%
	VICR	C	0.1%	0.08%	0.08%
	VIRT	A	0.23%	0.4%	0.23%
	VRTS	B	0.13%	0.08%	0.08%
	VSAT	F	0.05%	0.09%	0.05%
	VSCO	C	0.24%	0.39%	0.24%
	VSTO	A	0.2%	0.36%	0.2%
	VSTS	C	0.14%	0.1%	0.1%
	VTLE	C	0.08%	0.06%	0.06%
	VTOL	B	0.08%	0.12%	0.08%
	WABC	B	0.12%	0.08%	0.08%
	WAFD	B	0.2%	0.42%	0.2%
	WD	D	0.29%	0.27%	0.27%
	WERN	C	0.2%	0.34%	0.2%
	WGO	C	0.15%	0.11%	0.11%
	WHD	B	0.36%	0.23%	0.23%
	WKC	C	0.13%	0.23%	0.13%
	WNC	C	0.07%	0.12%	0.07%
	WOR	F	0.1%	0.05%	0.05%
	WS	C	0.11%	0.07%	0.07%
	WSFS	B	0.29%	0.26%	0.26%
	WSR	A	0.05%	0.05%	0.05%
	WWW	A	0.14%	0.24%	0.14%
	XHR	B	0.13%	0.09%	0.09%
	XNCR	B	0.09%	0.1%	0.09%
	XRX	F	0.08%	0.13%	0.08%

QVMS Overweight 127 Positions Relative to SLYV

	Symbol	Grade	Weight
	MLI	B	0.84%
	CRS	B	0.69%
	GKOS	B	0.56%
	ATI	C	0.55%
	SPSC	D	0.54%
	AWI	A	0.53%
	MTH	D	0.51%
	MOG.A	B	0.5%
	BMI	B	0.5%
	AVAV	C	0.48%
	BCC	B	0.47%
	FSS	B	0.47%
	GPI	B	0.46%
	MATX	C	0.46%
	SM	B	0.45%
	MARA	B	0.45%
	RDNT	B	0.43%
	MGY	A	0.41%
	IBP	D	0.4%
	ITGR	B	0.36%
	IDCC	B	0.36%
	FELE	B	0.35%
	SHAK	C	0.35%
	SIG	B	0.35%
	KTB	B	0.35%
	MHO	D	0.34%
	FTDR	B	0.33%
	NOG	B	0.33%
	LRN	A	0.32%
	CRC	A	0.31%
	HCC	B	0.31%
	GMS	B	0.31%
	VRRM	F	0.3%
	WDFC	B	0.3%
	SKT	A	0.29%
	CALM	A	0.29%
	BOOT	C	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%
	AEO	F	0.27%
	APLE	B	0.27%
	AMR	C	0.26%
	ATGE	B	0.26%
	FORM	D	0.26%
	TDW	F	0.25%
	CCOI	B	0.25%
	CNK	C	0.25%
	ALRM	C	0.25%
	CRVL	B	0.25%
	OII	B	0.25%
	SHOO	F	0.24%
	GSHD	A	0.24%
	TBBK	B	0.24%
	VCEL	B	0.23%
	LBRT	D	0.22%
	POWL	C	0.22%
	PRGS	A	0.22%
	CARG	B	0.22%
	JJSF	C	0.21%
	MTRN	C	0.21%
	MYRG	B	0.21%
	PATK	C	0.21%
	ACLS	F	0.21%
	AZZ	A	0.21%
	PLMR	A	0.21%
	ARCB	C	0.21%
	SXI	B	0.2%
	IPAR	B	0.2%
	HWKN	B	0.2%
	AGYS	A	0.2%
	PRVA	C	0.19%
	UFPT	C	0.19%
	CPRX	C	0.19%
	OSIS	A	0.19%
	YELP	C	0.19%
	TFIN	B	0.18%
	CNMD	C	0.17%
	PRG	C	0.17%
	OFG	B	0.17%
	ROCK	C	0.17%
	EVTC	B	0.17%
	URBN	C	0.17%
	NEO	C	0.16%
	LMAT	A	0.16%
	ALG	B	0.16%
	CASH	B	0.16%
	SHO	D	0.16%
	RAMP	B	0.15%
	DRH	B	0.15%
	HLX	B	0.14%
	VECO	F	0.14%
	TNC	D	0.14%
	JOE	F	0.14%
	GRBK	D	0.14%
	CUBI	B	0.13%
	TRIP	F	0.13%
	ASTH	F	0.13%
	DFIN	D	0.12%
	SPNT	B	0.11%
	WT	A	0.1%
	PARR	F	0.09%
	ARLO	C	0.09%
	OXM	F	0.09%
	CARS	C	0.09%
	PFBC	B	0.09%
	PLAY	D	0.09%
	VVI	C	0.08%
	EFC	C	0.08%
	COLL	F	0.08%
	ANIP	F	0.08%
	LPG	F	0.08%
	MCRI	A	0.08%
	RWT	D	0.07%
	XPEL	B	0.07%
	EXPI	D	0.07%
	REX	D	0.06%
	HCI	C	0.06%
	SHEN	F	0.05%
	GES	F	0.04%
	LQDT	B	0.04%
	RES	D	0.04%
	AMBC	C	0.04%
	WRLD	C	0.03%

QVMS Underweight 51 Positions Relative to SLYV

	Symbol	Grade	Weight
	LUMN	C	-1.21%
	BBWI	C	-0.97%
	HIMS	B	-0.55%
	MDU	D	-0.5%
	ZWS	B	-0.45%
	ETSY	D	-0.45%
	TGNA	B	-0.41%
	ZD	B	-0.35%
	RUN	F	-0.34%
	BANC	B	-0.31%
	OMCL	C	-0.3%
	VYX	B	-0.29%
	NATL	B	-0.29%
	CRGY	B	-0.29%
	BOX	B	-0.27%
	SMTC	B	-0.27%
	ADNT	F	-0.25%
	NGVT	B	-0.23%
	LEG	F	-0.22%
	OUT	A	-0.21%
	HELE	C	-0.21%
	MP	C	-0.19%
	TGI	B	-0.19%
	KW	C	-0.18%
	PI	D	-0.18%
	INSP	D	-0.18%
	PBI	B	-0.16%
	ECPG	C	-0.16%
	NARI	C	-0.15%
	DOCN	C	-0.15%
	TNDM	D	-0.14%
	PZZA	F	-0.12%
	EMBC	C	-0.12%
	VRE	B	-0.12%
	YOU	D	-0.11%
	VIR	D	-0.11%
	FOXF	F	-0.11%
	EXTR	C	-0.11%
	UNIT	B	-0.09%
	SABR	C	-0.09%
	FWRD	D	-0.09%
	SDGR	C	-0.07%
	WOLF	F	-0.07%
	LESL	D	-0.07%
	MXL	C	-0.06%
	SEDG	F	-0.06%
	BSIG	A	-0.05%
	CNSL	C	-0.05%
	CENT	C	-0.05%
	TTGT	B	-0.04%
	IRWD	F	-0.03%

QVMS: Top Represented Industries & Keywords

Industries: Banks - Regional - US REIT - Diversified Biotechnology Diversified Industrials Oil & Gas Equipment & Services Packaged Foods REIT - Retail Specialty Chemicals Insurance - Property & Casualty Asset Management Auto Parts Oil & Gas E&P REIT - Hotel & Motel Software - Application Specialty Retail Building Materials Communication Equipment Credit Services Electronic Components Medical Instruments & Supplies

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

SLYV: Top Represented Industries & Keywords

Industries: Banks - Regional - US REIT - Diversified Biotechnology Asset Management Packaged Foods REIT - Retail Specialty Chemicals Auto Parts Communication Equipment REIT - Office Software - Infrastructure Specialty Retail Diversified Industrials Electronic Components Insurance - Property & Casualty Medical Devices Semiconductors Credit Services Information Technology Services Restaurants

Keywords: Bank Banking Real Estate Investment Trust Deposit Products Real Estate Loans Medicine Computing Commercial Bank Investment Management Mortgage Loan Chemical Commercial Banking Transport Insurance Aerospace Clothing Loan Semiconductor Mining Residential Real Estate Loans