XMHQ vs. SMRI ETF Comparison

Comparison of Invesco S&P MidCap Quality ETF (XMHQ) to Bushido Capital US Equity ETF (SMRI)

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

$106.90

Average Daily Volume

305,174

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SMRI

Bushido Capital US Equity ETF

SMRI Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of the fund"s net assets (plus the amount of any borrowings for investment purposes) in U.S. listed common stock.

Grade (RS Rating)

Last Trade

$33.54

Average Daily Volume

5,628

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XMHQ	SMRI
30 Days	5.88%	10.48%
60 Days	4.14%	9.99%
90 Days	5.12%	11.21%
12 Months	30.03%	34.42%

4 Overlapping Holdings

Symbol	Grade	Weight in XMHQ	Weight in SMRI	Overlap
BLD	D	1.59%	1.68%	1.59%
EME	C	3.81%	2.14%	2.14%
OC	A	2.16%	2.07%	2.07%
WSM	B	3.43%	1.59%	1.59%

XMHQ Overweight 72 Positions Relative to SMRI

Symbol	Grade	Weight
MANH	D	4.08%
CSL	C	3.86%
FIX	A	2.48%
THC	D	2.39%
RS	B	2.38%
RNR	C	2.28%
LECO	B	2.08%
GGG	B	2.05%
TOL	B	2.03%
PSTG	D	1.86%
CW	B	1.83%
KNSL	B	1.8%
DT	C	1.66%
MEDP	D	1.62%
DKS	C	1.57%
EXP	A	1.45%
CR	A	1.44%
MUSA	A	1.43%
AYI	B	1.43%
AIT	A	1.4%
CVLT	B	1.38%
PRI	A	1.35%
WMS	D	1.34%
INGR	B	1.32%
AFG	A	1.3%
RGLD	C	1.3%
CHE	D	1.3%
TREX	C	1.3%
SEIC	B	1.28%
PCTY	B	1.22%
UFPI	B	1.21%
CNM	D	1.2%
CELH	F	1.13%
LSTR	D	1.13%
DCI	B	1.12%
RLI	B	1.1%
LSCC	D	1.09%
SAIC	F	1.03%
CROX	D	1.02%
SSD	D	1.01%
WFRD	D	0.96%
QLYS	C	0.94%
LNTH	D	0.94%
G	B	0.94%
ELF	C	0.93%
VNT	B	0.91%
COKE	C	0.9%
ROIV	C	0.9%
CHX	C	0.88%
DINO	D	0.87%
KBH	D	0.85%
MSA	D	0.84%
CBT	C	0.82%
MTG	C	0.81%
VVV	F	0.8%
ESNT	D	0.74%
EXPO	D	0.74%
CRUS	D	0.66%
MSM	C	0.66%
LOPE	B	0.64%
NEU	C	0.6%
LANC	C	0.52%
FHI	A	0.51%
IBOC	A	0.49%
ENS	D	0.49%
TEX	D	0.48%
SAM	C	0.48%
YETI	C	0.48%
NSP	D	0.47%
VC	D	0.39%
CXT	B	0.35%
CRI	D	0.32%

XMHQ Underweight 46 Positions Relative to SMRI

Symbol	Grade	Weight
APP	B	-4.07%
DAL	C	-2.56%
DOCU	A	-2.55%
MCK	B	-2.34%
EXPE	B	-2.33%
SNA	A	-2.33%
VST	B	-2.32%
EPAM	C	-2.28%
BKNG	A	-2.22%
ZM	B	-2.2%
PCAR	B	-2.16%
JBL	B	-2.11%
HPE	B	-2.1%
GEN	B	-2.07%
CAH	B	-2.04%
CVX	A	-2.04%
FFIV	B	-2.03%
PYPL	B	-2.03%
PAYX	C	-2.03%
COR	B	-2.0%
UTHR	C	-2.0%
EG	C	-1.97%
EOG	A	-1.97%
VLO	C	-1.94%
NRG	B	-1.93%
ABNB	C	-1.91%
XOM	B	-1.91%
BWA	D	-1.89%
SLB	C	-1.87%
FANG	D	-1.84%
NUE	C	-1.81%
QCOM	F	-1.81%
LKQ	D	-1.79%
MPC	D	-1.79%
NTAP	C	-1.79%
DVN	F	-1.78%
NVR	D	-1.76%
CI	F	-1.71%
LEN	D	-1.71%
BG	F	-1.68%
AMGN	D	-1.68%
PHM	D	-1.68%
MOH	F	-1.64%
MRK	F	-1.58%
CNC	D	-1.46%
ELV	F	-1.43%