SPMV vs. QQEW ETF Comparison

Comparison of Invesco S&P 500 Minimum Variance ETF (SPMV) to First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW)

SPMV

Invesco S&P 500 Minimum Variance ETF

SPMV Description

The investment seeks to track the investment results (before fees and expenses) of the S&P 500® Minimum Volatility Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is designed to measure the performance of a subset of constituent securities of the S&P 500 Index using a managed volatility equity strategy that seeks to achieve lower total volatility than the S&P 500 ® Index, while maintaining other similar characteristics of the S&P 500 ® Index.

Grade (RS Rating)

Last Trade

$47.62

Average Daily Volume

711

Number of Holdings ^*

75

* may have additional holdings in another (foreign) market

QQEW

First Trust NASDAQ-100 Equal Weighted Index Fund

QQEW Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ-100 Equal Weighted Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The NASDAQ-100 Equal Weighted Index(SM) is the equal-weighted version of the NASDAQ-100 Index(R) which includes 100 of the largest non-financial securities listed on NASDAQ(R) based on market capitalization. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$130.64

Average Daily Volume

54,606

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	SPMV	QQEW
30 Days	1.14%	4.45%
60 Days	2.01%	5.07%
90 Days	4.46%	5.05%
12 Months	26.03%	20.64%

23 Overlapping Holdings

	Symbol	Grade	Weight in SPMV	Weight in QQEW	Overlap
	AAPL	C	2.9%	0.97%	0.97%
	ADBE	C	2.01%	0.93%	0.93%
	AEP	D	0.95%	0.92%	0.92%
	AMGN	D	0.32%	0.83%	0.32%
	AMZN	C	3.04%	1.03%	1.03%
	AVGO	D	2.03%	0.93%	0.93%
	BIIB	F	0.3%	0.76%	0.3%
	CSCO	B	3.31%	1.07%	1.07%
	GILD	C	0.09%	1.03%	0.09%
	GOOG	C	0.55%	0.52%	0.52%
	IDXX	F	0.37%	0.8%	0.37%
	INTU	C	0.74%	0.98%	0.74%
	KHC	F	0.28%	0.86%	0.28%
	MDLZ	F	2.46%	0.84%	0.84%
	META	D	0.32%	0.98%	0.32%
	MSFT	F	2.76%	0.93%	0.93%
	NVDA	C	3.53%	1.22%	1.22%
	QCOM	F	2.64%	0.89%	0.89%
	REGN	F	1.07%	0.63%	0.63%
	TMUS	B	3.37%	1.15%	1.15%
	VRSK	A	1.7%	1.04%	1.04%
	VRTX	F	2.25%	0.94%	0.94%
	XEL	A	0.2%	1.06%	0.2%

SPMV Overweight 52 Positions Relative to QQEW

	Symbol	Grade	Weight
	GEV	B	3.69%
	AON	A	3.14%
	BRK.A	B	2.95%
	ABT	B	2.84%
	PG	A	2.81%
	MMC	B	2.77%
	AJG	B	2.7%
	CB	C	2.56%
	MRK	F	2.46%
	HD	A	2.25%
	ORCL	B	2.23%
	AMT	D	1.83%
	NOW	A	1.77%
	ZTS	D	1.66%
	CRM	B	1.66%
	PGR	A	1.65%
	NEE	D	1.63%
	SRE	A	1.56%
	GIS	D	1.47%
	DUK	C	1.34%
	JNJ	D	1.2%
	HSY	F	1.03%
	AEE	A	1.02%
	TRV	B	1.0%
	PFE	D	0.99%
	VZ	C	0.97%
	TDY	B	0.96%
	BRO	B	0.81%
	MKC	D	0.78%
	CCI	D	0.7%
	XOM	B	0.69%
	RTX	C	0.66%
	LLY	F	0.63%
	JPM	A	0.62%
	IBM	C	0.56%
	RSG	A	0.55%
	TJX	A	0.5%
	NEM	D	0.47%
	SO	D	0.47%
	ELV	F	0.45%
	TSN	B	0.42%
	HRL	D	0.38%
	ACN	C	0.31%
	T	A	0.29%
	ADM	D	0.26%
	AIG	B	0.25%
	PCG	A	0.24%
	ACGL	D	0.22%
	CVS	D	0.22%
	TRMB	B	0.1%
	GD	F	0.06%
	BA	F	0.05%

SPMV Underweight 78 Positions Relative to QQEW

	Symbol	Grade	Weight
	TEAM	A	-1.46%
	TSLA	B	-1.39%
	NFLX	A	-1.22%
	TTWO	A	-1.21%
	DASH	A	-1.2%
	BKNG	A	-1.2%
	BKR	B	-1.19%
	MRVL	B	-1.18%
	FTNT	C	-1.17%
	WBD	C	-1.17%
	EA	A	-1.16%
	DDOG	A	-1.15%
	LULU	C	-1.14%
	CHTR	C	-1.14%
	ZS	C	-1.13%
	PDD	F	-1.13%
	CRWD	B	-1.13%
	ADSK	A	-1.12%
	PANW	C	-1.12%
	FAST	B	-1.12%
	MAR	B	-1.11%
	TTD	B	-1.1%
	CDNS	B	-1.08%
	PCAR	B	-1.08%
	ISRG	A	-1.08%
	HON	B	-1.08%
	INTC	D	-1.07%
	PYPL	B	-1.07%
	ODFL	B	-1.07%
	CPRT	A	-1.05%
	ADP	B	-1.05%
	MU	D	-1.05%
	DXCM	D	-1.04%
	ANSS	B	-1.04%
	SNPS	B	-1.04%
	CTAS	B	-1.04%
	CMCSA	B	-1.04%
	ORLY	B	-1.04%
	GFS	C	-1.03%
	PAYX	C	-1.03%
	MNST	C	-1.02%
	WDAY	B	-1.01%
	CTSH	B	-1.0%
	ABNB	C	-1.0%
	SBUX	A	-0.99%
	COST	B	-0.99%
	MDB	C	-0.98%
	APP	B	-0.97%
	FANG	D	-0.97%
	ILMN	D	-0.97%
	ROP	B	-0.96%
	CSGP	D	-0.96%
	CSX	B	-0.96%
	TXN	C	-0.95%
	ON	D	-0.94%
	LIN	D	-0.93%
	EXC	C	-0.93%
	ARM	D	-0.93%
	NXPI	D	-0.92%
	CCEP	C	-0.91%
	GEHC	F	-0.91%
	CEG	D	-0.9%
	PEP	F	-0.9%
	ADI	D	-0.9%
	MELI	D	-0.89%
	ROST	C	-0.88%
	LRCX	F	-0.88%
	AMD	F	-0.86%
	AMAT	F	-0.86%
	KDP	D	-0.83%
	MCHP	D	-0.82%
	ASML	F	-0.8%
	KLAC	D	-0.79%
	AZN	D	-0.78%
	CDW	F	-0.76%
	MRNA	F	-0.55%
	SMCI	F	-0.55%
	GOOGL	C	-0.52%

SPMV: Top Represented Industries & Keywords

Industries: Drug Manufacturers - Major Utilities - Regulated Electric Insurance Brokers Packaged Foods Software - Application Telecom Services Aerospace & Defense Insurance - Diversified Insurance - Property & Casualty Semiconductors Biotechnology Confectioners Farm Products Health Care Plans Information Technology Services Internet Content & Information Scientific & Technical Instruments Software - Infrastructure Apparel Stores Banks - Global

Keywords: S&P 500 Nasdaq 100 Dow Jones Component Insurance Computing Electricity Natural Gas Work From Home Pharmaceutical Products Medicine Smartphones Telecommunications Wireless Communication Animal Health Casualty Insurance Grocery Store Inflammation Internet Access Pain Software

QQEW: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Beverages - Soft Drinks Business Services Drug Manufacturers - Major Semiconductor Equipment & Materials Specialty Retail Biotechnology Diagnostics & Research Internet Content & Information Software - Infrastructure Apparel Stores Diversified Industrials Electronic Gaming & Multimedia Information Technology Services Internet Content & Information Pay TV Utilities - Regulated Electric Auto & Truck Dealerships Auto Manufacturers

Keywords: Nasdaq 100 S&P 500 Computing Integrated Circuits Semiconductor Mobile Devices Work From Home Smartphones Dow Jones Component Software Cloud Computing Electronics Fabless Semiconductor Companies Electronic Design Medicine Natural Gas Power Management Cloud Infrastructure Electricity Ethernet