UPGD vs. QLTY ETF Comparison

Comparison of Invesco Bloomberg Analyst Rating Improvers ETF (UPGD) to GMO U.S. Quality ETF (QLTY)

UPGD

Invesco Bloomberg Analyst Rating Improvers ETF

UPGD Description

The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The index provider compiles, maintains and calculates the new underlying index, which is comprised of equity securities with the most improved Consensus Ratings based on data from Bloomberg Analyst Recommendations ("ANR"), an affiliate of the index provider.

Grade (RS Rating)

Last Trade

$73.97

Average Daily Volume

1,708

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QLTY

GMO U.S. Quality ETF

QLTY Description

QLTY seeks total return by investing in US companies deemed high quality. These companies are defined as having established businesses capable of delivering substantial returns on past investments, utilizing cash flows for high-return investments, or returning cash to shareholders through dividends or share buybacks. The investment strategy combines systematic factors like profitability and leverage, alongside judgmental factors such as assessments of future profitability and growth prospects. It may also use various valuation methodologies, including discounted cash flow analysis and multiples of price-to-earnings, revenues, book values, or other fundamental metrics, to acquire underrated stocks. Additionally, the fund may invest in other ETFs. The fund may also invest in the GMO U.S. Treasury Fund, and money market funds. Investment decisions are not constrained by portfolio turnover rates or benchmark considerations.

Grade (RS Rating)

Last Trade

$32.45

Average Daily Volume

265,587

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	UPGD	QLTY
30 Days	3.42%	0.40%
60 Days	4.83%	0.12%
90 Days	5.85%	2.04%
12 Months	33.71%	26.17%

1 Overlapping Holdings

	Symbol	Grade	Weight in UPGD	Weight in QLTY	Overlap
	DGX	A	1.97%	1.35%	1.35%

UPGD Overweight 47 Positions Relative to QLTY

Symbol	Grade	Weight
PLTR	B	3.48%
CVNA	B	3.0%
TOST	B	2.95%
KMI	A	2.45%
SNAP	D	2.37%
RL	C	2.36%
EPAM	B	2.28%
PCAR	B	2.28%
IP	A	2.25%
INTC	C	2.2%
T	A	2.15%
ODFL	C	2.15%
XEL	A	2.15%
CAH	B	2.09%
CARR	C	2.06%
CLX	A	2.06%
SHW	B	2.05%
CHRW	B	2.04%
HPQ	B	2.01%
CTSH	B	2.0%
EBAY	D	2.0%
CHD	A	1.98%
NOC	D	1.98%
MMM	D	1.94%
LMT	D	1.94%
BBY	D	1.93%
ECL	D	1.91%
SO	C	1.9%
MOS	F	1.89%
EIX	B	1.87%
VZ	C	1.85%
HSIC	C	1.84%
STX	C	1.83%
SJM	D	1.77%
BALL	F	1.77%
AMCR	C	1.77%
HRL	D	1.76%
TSN	B	1.75%
KMX	B	1.75%
KHC	F	1.73%
KMB	C	1.73%
CPB	D	1.66%
LYB	F	1.65%
SIRI	C	1.58%
TFX	F	1.56%
HII	F	1.43%
DG	F	1.16%

UPGD Underweight 33 Positions Relative to QLTY

Symbol	Grade	Weight
MSFT	D	-6.46%
AAPL	C	-5.33%
ORCL	A	-4.71%
META	D	-4.5%
GOOGL	C	-4.43%
JNJ	C	-4.24%
ABT	B	-4.17%
UNH	B	-3.62%
TXN	C	-3.53%
ACN	B	-3.3%
V	A	-3.22%
PG	C	-3.2%
ISRG	A	-2.92%
KLAC	F	-2.85%
LRCX	F	-2.85%
CRM	B	-2.84%
KO	D	-2.81%
HLT	A	-2.62%
ARMK	B	-2.56%
ELV	F	-2.5%
WFC	A	-2.45%
AVGO	D	-2.45%
MRK	D	-2.41%
AMZN	C	-2.4%
USB	A	-2.31%
OTIS	C	-2.25%
TJX	A	-2.14%
GE	D	-1.73%
MDLZ	F	-1.72%
LLY	F	-1.61%
STZ	D	-1.59%
CI	D	-1.49%
TMO	F	-0.91%