XMVM vs. CPAI ETF Comparison

Comparison of Invesco S&P MidCap Value with Momentum ETF (XMVM) to Counterpoint Quantitative Equity ETF (CPAI)

XMVM

Invesco S&P MidCap Value with Momentum ETF

XMVM Description

The investment seeks to track the investment results (before fees and expenses) of the S&P MidCap 400 High Momentum Value 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 compiles, maintains and calculates the underlying index, which is designed to track the performance of approximately 80 stocks in the S&P MidCap 400® that have the highest “value” and “momentum” scores.

Grade (RS Rating)

Last Trade

$59.93

Average Daily Volume

15,466

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CPAI

Counterpoint Quantitative Equity ETF

CPAI Description

CPAI employs a quantitative, model-driven strategy that integrates quantitative analysis and machine learning insights to navigate diverse market conditions. The portfolio consists of at least 50 US-listed companies of any capitalization or ADRs. The selection process relies on advanced quantitative models leveraging machine learning technology, considering over 30 variables related to value, long-term reversal, momentum, profitability, investor sentiment, and stock price stability. Additionally, the Adviser backtests variable combinations considered to be supported by economic reasoning or investor behavioral biases. The models continually learn and adapt relationships between input variables and realized historic returns, updating during quarterly portfolio rebalances. Moreover, rebalancing ensures the portfolio aligns with the models' rankings, with adjustments made to limit sector exposure to 35% or less.

Grade (RS Rating)

Last Trade

$35.81

Average Daily Volume

7,195

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XMVM	CPAI
30 Days	7.00%	5.48%
60 Days	8.35%	9.78%
90 Days	7.73%	11.01%
12 Months	31.69%

3 Overlapping Holdings

Symbol	Grade	Weight in XMVM	Weight in CPAI	Overlap
CNO	B	1.88%	2.15%	1.88%
THC	D	1.34%	1.88%	1.34%
UNM	A	2.1%	2.25%	2.1%

XMVM Overweight 76 Positions Relative to CPAI

Symbol	Grade	Weight
LAD	A	3.08%
AVT	C	2.12%
CNX	A	2.02%
GHC	B	1.86%
WBS	A	1.8%
PFGC	B	1.75%
ARW	D	1.69%
TMHC	C	1.69%
PBF	D	1.68%
PNFP	B	1.66%
ONB	C	1.64%
OZK	B	1.64%
X	B	1.63%
AN	C	1.62%
R	B	1.6%
DINO	D	1.6%
PAG	B	1.54%
FNB	A	1.54%
CADE	B	1.52%
SNX	D	1.51%
UMBF	B	1.45%
ZION	B	1.44%
TCBI	C	1.43%
PPC	C	1.43%
WTFC	A	1.41%
JEF	A	1.4%
JLL	D	1.38%
HWC	B	1.37%
ASB	B	1.35%
KBH	D	1.34%
EWBC	A	1.34%
CMC	B	1.33%
USFD	A	1.33%
MTG	C	1.33%
JHG	B	1.3%
THO	B	1.3%
TOL	B	1.27%
IBOC	B	1.26%
ARMK	B	1.25%
ORI	A	1.25%
RGA	A	1.17%
AMG	B	1.17%
INGR	C	1.17%
VNO	C	1.16%
OVV	B	1.15%
SLM	A	1.09%
OSK	C	1.07%
TEX	F	1.07%
ESNT	F	1.06%
PVH	C	1.04%
PK	C	0.99%
STWD	C	0.98%
SF	B	0.98%
FNF	B	0.98%
DTM	A	0.97%
FLR	B	0.97%
TNL	A	0.94%
POST	C	0.93%
MTDR	B	0.92%
ALLY	C	0.91%
CIVI	D	0.91%
UFPI	C	0.87%
PR	B	0.86%
MUSA	B	0.86%
RS	B	0.86%
MUR	D	0.81%
SWX	B	0.78%
CHRD	D	0.78%
SAIC	F	0.73%
WU	F	0.7%
ASGN	F	0.69%
VSH	F	0.67%
TKR	D	0.62%
ENS	F	0.61%
GAP	C	0.55%
AMKR	D	0.5%

XMVM Underweight 46 Positions Relative to CPAI

Symbol	Grade	Weight
SFM	A	-2.51%
SKYW	C	-2.49%
TRGP	A	-2.46%
TDS	B	-2.43%
CARG	B	-2.37%
LDOS	C	-2.33%
NTGR	B	-2.27%
GDDY	A	-2.23%
OKE	A	-2.21%
FTDR	B	-2.17%
BRBR	A	-2.17%
EQH	C	-2.16%
HTZ	C	-2.13%
FTI	A	-2.13%
ACIW	B	-2.11%
VIRT	A	-2.11%
ORCL	A	-2.09%
CVLT	B	-2.08%
CAH	B	-2.08%
MSI	B	-2.07%
CLBT	B	-2.06%
COR	B	-2.05%
GOOGL	C	-2.05%
GNW	A	-2.03%
PBI	B	-2.01%
PGR	A	-1.93%
META	D	-1.93%
RTX	D	-1.9%
BRC	D	-1.89%
TJX	A	-1.89%
LESL	D	-1.87%
NYT	D	-1.85%
ZIM	C	-1.84%
MSFT	D	-1.83%
WBA	F	-1.82%
AAPL	C	-1.81%
PAA	B	-1.8%
PAGP	A	-1.79%
WES	C	-1.76%
LLY	F	-1.74%
MHO	D	-1.72%
PRM	C	-1.72%
ROST	D	-1.72%
UHS	D	-1.64%
HCA	F	-1.61%
AGL	F	-0.95%