XMHQ vs. QVAL ETF Comparison

Comparison of Invesco S&P MidCap Quality ETF (XMHQ) to ValueShares U.S. Quantitative Value ETF (QVAL)

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

$106.63

Average Daily Volume

310,805

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QVAL

ValueShares U.S. Quantitative Value ETF

QVAL Description

The investment seeks long-term capital appreciation. The fund is an actively managed ETF. Under normal circumstances, it seeks to achieve its investment objective by investing primarily in U.S. equity securities that the Adviser believes, based on quantitative analysis, are undervalued at the time of purchase and have the potential for capital appreciation. The fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in securities of U.S. companies. It will invest primarily in the exchange-listed common stock of U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$46.74

Average Daily Volume

18,767

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XMHQ	QVAL
30 Days	3.12%	1.96%
60 Days	3.51%	1.90%
90 Days	3.55%	3.12%
12 Months	28.09%	25.13%

8 Overlapping Holdings

Symbol	Grade	Weight in XMHQ	Weight in QVAL	Overlap
CRI	F	0.32%	1.85%	0.32%
CROX	D	1.02%	1.7%	1.02%
DKS	D	1.57%	1.94%	1.57%
TEX	F	0.48%	1.99%	0.48%
THC	D	2.39%	1.89%	1.89%
TOL	B	2.03%	2.01%	2.01%
WFRD	D	0.96%	2.07%	0.96%
WSM	C	3.43%	1.97%	1.97%

XMHQ Overweight 68 Positions Relative to QVAL

Symbol	Grade	Weight
MANH	D	4.08%
CSL	C	3.86%
EME	A	3.81%
FIX	A	2.48%
RS	B	2.38%
RNR	C	2.28%
OC	A	2.16%
LECO	C	2.08%
GGG	B	2.05%
PSTG	D	1.86%
CW	C	1.83%
KNSL	B	1.8%
DT	D	1.66%
MEDP	D	1.62%
BLD	D	1.59%
EXP	B	1.45%
CR	A	1.44%
MUSA	B	1.43%
AYI	B	1.43%
AIT	B	1.4%
CVLT	B	1.38%
PRI	B	1.35%
WMS	F	1.34%
INGR	C	1.32%
AFG	A	1.3%
RGLD	C	1.3%
CHE	D	1.3%
TREX	C	1.3%
SEIC	B	1.28%
PCTY	C	1.22%
UFPI	C	1.21%
CNM	D	1.2%
CELH	F	1.13%
LSTR	D	1.13%
DCI	B	1.12%
RLI	A	1.1%
LSCC	D	1.09%
SAIC	F	1.03%
SSD	F	1.01%
QLYS	B	0.94%
LNTH	D	0.94%
G	B	0.94%
ELF	C	0.93%
VNT	C	0.91%
COKE	C	0.9%
ROIV	C	0.9%
CHX	C	0.88%
DINO	D	0.87%
KBH	D	0.85%
MSA	F	0.84%
CBT	D	0.82%
MTG	C	0.81%
VVV	D	0.8%
ESNT	F	0.74%
EXPO	D	0.74%
CRUS	D	0.66%
MSM	C	0.66%
LOPE	C	0.64%
NEU	D	0.6%
LANC	C	0.52%
FHI	B	0.51%
IBOC	B	0.49%
ENS	F	0.49%
SAM	C	0.48%
YETI	D	0.48%
NSP	F	0.47%
VC	F	0.39%
CXT	C	0.35%

XMHQ Underweight 42 Positions Relative to QVAL

Symbol	Grade	Weight
TPR	B	-2.28%
BKR	A	-2.26%
UAL	A	-2.22%
MO	A	-2.19%
TAP	C	-2.18%
FTI	A	-2.15%
ALSN	B	-2.14%
HES	B	-2.14%
FOXA	A	-2.12%
LRN	A	-2.12%
GTES	A	-2.11%
DAL	B	-2.1%
SNA	A	-2.1%
TGT	F	-2.07%
URBN	C	-2.06%
SM	B	-2.06%
ANF	F	-2.05%
SIG	B	-2.02%
JBL	C	-2.02%
CTSH	B	-2.02%
MHK	D	-2.0%
HPQ	B	-2.0%
CMCSA	B	-1.99%
MMM	D	-1.99%
UTHR	C	-1.98%
CAT	B	-1.97%
HRB	D	-1.96%
CVS	D	-1.95%
GPK	C	-1.95%
BBY	D	-1.94%
LEN	D	-1.92%
CNH	C	-1.9%
ELV	F	-1.9%
OMC	C	-1.89%
LYB	F	-1.88%
CNC	D	-1.87%
FCX	F	-1.87%
UHS	D	-1.87%
IPG	D	-1.8%
MAT	D	-1.78%
MOH	F	-1.76%
ASO	F	-1.76%