XMHQ vs. MGMT ETF Comparison

Comparison of Invesco S&P MidCap Quality ETF (XMHQ) to Ballast Small/Mid Cap ETF (MGMT)

XMHQ

Invesco S&P MidCap Quality ETF

XMHQ Description

The investment seeks to track the investment results (before fees and expenses) of the S&P MidCap 400Â® Quality Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, the index provider first calculates the quality score of each security in the S&P MidCap 400Â® Index.

Grade (RS Rating)

Last Trade

$104.75

Average Daily Volume

342,414

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MGMT

Ballast Small/Mid Cap ETF

MGMT Description

The investment seeks to generate positive risk adjusted returns. Under normal circumstances, the fund invests at least 80% of the value of its net assets (plus borrowings for investment purposes) in equity securities (principally common stocks) of domestic companies with small to medium market capitalizations. It may also invest all or substantially all of its assets in cash and cash equivalents, including money market funds and other short-term fixed income investments, in seeking to protect principal, or when, in the Adviser's opinion, there are not sufficient companies appropriate for investment.

Grade (RS Rating)

Last Trade

$36.37

Average Daily Volume

16,941

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XMHQ	MGMT
30 Days	-3.76%	-2.22%
60 Days	4.52%	0.71%
90 Days	15.64%	0.95%
12 Months	45.04%	13.29%

5 Overlapping Holdings

Symbol	Grade	Weight in XMHQ	Weight in MGMT	Overlap
EXP	C	1.49%	2.79%	1.49%
G	D	0.79%	0.81%	0.79%
IPGP	D	0.38%	1.46%	0.38%
LSTR	D	1.24%	2.26%	1.24%
MTG	B	0.76%	2.84%	0.76%

XMHQ Overweight 70 Positions Relative to MGMT

Symbol	Grade	Weight
MANH	F	3.85%
WSM	A	3.77%
RS	D	2.96%
CSL	A	2.8%
CELH	D	2.72%
EME	B	2.72%
MEDP	B	2.37%
WMS	C	2.14%
OC	A	2.14%
GGG	C	2.08%
KNSL	C	2.04%
SWN	A	2.02%
WSO	A	2.02%
LSCC	D	1.98%
RNR	C	1.92%
RRC	A	1.92%
BLD	D	1.86%
TOL	B	1.8%
ERIE	C	1.7%
MUSA	A	1.63%
PBF	B	1.58%
WFRD	A	1.52%
QLYS	B	1.5%
TTEK	A	1.49%
TXRH	A	1.46%
CHE	C	1.45%
TREX	D	1.4%
DCI	A	1.31%
AFG	B	1.29%
CHX	B	1.23%
EHC	A	1.22%
AYI	C	1.19%
SEIC	D	1.14%
AGCO	B	1.14%
MTDR	B	1.12%
PCTY	F	1.07%
GNTX	C	1.07%
AIRC	A	1.05%
CNX	A	1.04%
AMG	A	1.02%
OLN	D	1.01%
SAIC	C	0.94%
EVR	D	0.94%
UFPI	C	0.94%
RLI	A	0.94%
WU	B	0.9%
WH	D	0.89%
NEU	D	0.86%
TMHC	C	0.86%
MSM	D	0.8%
WTS	B	0.78%
ESNT	C	0.78%
PII	F	0.77%
CBT	A	0.73%
BYD	D	0.72%
EXLS	F	0.72%
TEX	B	0.71%
ASH	A	0.68%
LOPE	D	0.63%
EXPO	C	0.63%
POWI	D	0.62%
COKE	B	0.6%
LANC	D	0.59%
NSP	A	0.56%
BDC	D	0.54%
FHI	D	0.51%
CACC	D	0.49%
SAM	D	0.39%
IBOC	A	0.38%
GEF	D	0.23%

XMHQ Underweight 41 Positions Relative to MGMT

Symbol	Grade	Weight
NRP	B	-5.31%
AGM	B	-3.72%
AZZ	A	-3.33%
CVCO	C	-3.1%
TDC	D	-2.86%
CEIX	D	-2.83%
PHIN	A	-2.81%
CASS	D	-2.78%
GEO	A	-2.62%
TRIP	C	-2.46%
LAMR	B	-2.35%
SOI	B	-2.2%
BIOX	D	-2.17%
CBNK	F	-2.16%
IGIC	A	-2.13%
ATKR	A	-2.11%
GPRE	D	-2.1%
NTIC	A	-2.05%
IMXI	A	-1.99%
LII	C	-1.95%
DOX	D	-1.89%
BLCO	D	-1.69%
KOS	B	-1.69%
EPR	D	-1.64%
BWA	B	-1.64%
SFM	A	-1.63%
RMNI	F	-1.63%
GSM	B	-1.55%
BELFB	B	-1.52%
ECVT	B	-1.51%
CRMT	F	-1.49%
UFPT	B	-1.27%
KN	B	-1.27%
RCMT	F	-1.22%
EPSN	A	-1.17%
TKR	A	-1.16%
PATK	C	-0.94%
IRMD	D	-0.91%
CMP	F	-0.9%
EXTR	F	-0.81%
BIL	A	-0.23%