QVMM
Invesco S&P MidCap 400 QVM Multi-factor ETF
QVMM tracks a market-cap-weighted index of US midcap stocks that exhibit strong quality, value, and momentum based on a multi-factor score.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 409.8 M
ASSETS UNDER MGMT
15 bp
EXPENSES
Fund Basics
| Inception date | Jun 30, 2021 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| COMFORT SYSTEMS USA INC | 0.9 % |
| REGAL BELOIT CORP | 0.9 % |
| PURE STORAGE, INC. CLASS A | 0.9 % |
| FLEXTRONICS INTL LTD | 0.7 % |
| RB GLOBAL | 0.7 % |
| CURTISS-WRIGHT CORP | 0.7 % |
| CASEY'S GENERAL STORES INC | 0.7 % |
| TALEN ENERGY CORP | 0.7 % |
| TENET HEALTHCARE CORP | 0.6 % |
| US FOODS HOLDING CORP. | 0.6 % |
Constituent Breakdown
| Number of holdings | 348 |
| Herfindahl-Hirschman Index | 36 |
| Wgt avg mkt cap (mns) | $10,228 |
| Large cap (>$10bn) | 46.9% |
| Mid cap ($2-10bn) | 49.2% |
| Small cap (<$2bn) | 0.7% |
| Developed mkts. | 96.8% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 92.1 % |
 |
BRITAIN | 1.1 % |
 |
CANADA | 1.1 % |
 |
BERMUDA | 0.9 % |
 |
SINGAPORE | 0.7 % |
Historical Performance
Standardized Performance (as of 04/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 11.1% | 29.4% | 13.4% | 14.2% | -- | -- | -- | 6.7% |
| Dividend Yield | 0.4% | 1.8% | 1.6% | 1.6% | -- | -- | -- | 1.5% |
| Total Returns | 11.4% | 31.2% | 15.0% | 15.8% | -- | -- | -- | 8.2% | Ann. Volatility | 17.1% | 15.7% | 18.9% | 17.9% | -- | -- | -- | 19.6% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.03 | 67% |
| MSCI EAFE | 0.75 | 49% |
| MSCI Emg Mkts | 0.55 | 42% |
Liquidity Measures
| Avg. volume (000) | 1 |
| ADV traded (mns) | $0 |
| Turnover | 0.0% |
| Avg. Bid/Ask (% of price) | 0.25% |
Technical Indicators
| 30d moving avg. (EMA) | $33.67 |
| Relative strength (RSI) | 59 |
| MACD/Signal | 0.48/0.47 |
| Bollinger Bands (Upper/Lower) | $34.88/$33.31 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. QVMM |
Expenses vs. QVMM |
ALTAR Score™ vs. QVMM |
|---|---|---|---|---|
| MDY | SPDR S&P Midcap 400 ETF Trust | 77.0% | +8 bp | -0.2% |
| IVOO | Vanguard S&P Mid-Cap 400 ETF | 75.1% | -8 bp | 0.0% |
| SPMD | State Street SPDR Portfolio S&P 400 Mid Cap ETF | 74.9% | -12 bp | +0.0% |
| IJH | iShares Core S&P Mid-Cap ETF | 74.8% | -10 bp | +0.0% |
| XJH | iShares ESG Screened S&P Mid-Cap ETF | 73.7% | -3 bp | -0.1% |
| MIDE | Xtrackers S&P MidCap 400 ESG ETF | 61.7% | 0 bp | +0.8% |
| IJJ | iShares S&P Mid-Cap 400 Value ETF | 58.1% | +3 bp | +1.9% |
| MDYV | State Street SPDR S&P 400 Mid Cap Value ETF | 58.1% | 0 bp | +1.9% |
| IVOV | Vanguard S&P Mid-Cap 400 Value ETF | 57.8% | -5 bp | +2.0% |
| RWK | Invesco S&P MidCap 400 Revenue ETF | 56.4% | +24 bp | +2.0% |
Risk and Returns: QVMM vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 5/16/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
6.9%
ALTAR SCORE™
75th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 1,207 funds in the US Equity category with an average
ALTAR Score™ of 5.4% and a standard deviation
of 2.1%. QVMM's ALTAR Score™ is approximately 0.7 standard
deviations above the category average. This places QVMM in the 75th percentile
among funds in the category.
Sell-Side Consensus
$40.28
PRICE TARGET
+19.3%
UPSIDE