QVMS
Invesco S&P SmallCap 600 QVM Multi-factor ETF
QVMS tracks a market-cap-weighted index of small-cap companies in the US that exhibit quality, value and momentum factors.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 237.7 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 +
| SANDISK CORP/DE | 0.9 % |
| STERLING CONSTRUCTION CO | 0.7 % |
| BORGWARNER INC | 0.7 % |
| SPX TECHNOLOGIES INC | 0.7 % |
| QORVO INC | 0.7 % |
| ARMSTRONG WORLD INDUSTRIES | 0.6 % |
| CORCEPT THERAPEUTICS INC | 0.6 % |
| DYCOM INDUSTRIES INC | 0.6 % |
| INTERDIGITAL INC | 0.6 % |
| CARETRUST REIT INC | 0.6 % |
Constituent Breakdown
| Number of holdings | 508 |
| Herfindahl-Hirschman Index | 28 |
| Wgt avg mkt cap (mns) | $3,440 |
| Large cap (>$10bn) | 0.2% |
| Mid cap ($2-10bn) | 71.6% |
| Small cap (<$2bn) | 21.8% |
| Developed mkts. | 94.2% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 92.0 % |
 |
BERMUDA | 0.8 % |
 |
IRELAND | 0.6 % |
 |
PUERTO RICO | 0.6 % |
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 | 14.0% | 36.4% | 15.0% | 14.2% | -- | -- | -- | 5.3% |
| Dividend Yield | 0.4% | 1.8% | 1.6% | 1.7% | -- | -- | -- | 1.5% |
| Total Returns | 14.4% | 38.3% | 16.6% | 15.9% | -- | -- | -- | 6.9% | Ann. Volatility | 18.4% | 18.2% | 21.3% | 20.6% | -- | -- | -- | 21.3% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.14 | 61% |
| MSCI EAFE | 0.83 | 44% |
| MSCI Emg Mkts | 0.57 | 34% |
Liquidity Measures
| Avg. volume (000) | 0 |
| ADV traded (mns) | $0 |
| Turnover | 0.0% |
| Avg. Bid/Ask (% of price) | 0.17% |
Technical Indicators
| 30d moving avg. (EMA) | $31.47 |
| Relative strength (RSI) | 53 |
| MACD/Signal | 0.31/0.47 |
| Bollinger Bands (Upper/Lower) | $32.57/$31.40 |
| 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. QVMS |
Expenses vs. QVMS |
ALTAR Score™ vs. QVMS |
|---|---|---|---|---|
| VIOO | Vanguard S&P Small-Cap 600 ETF | 68.0% | -8 bp | -0.1% |
| SPSM | State Street SPDR Portfolio S&P 600 Small Cap ETF | 67.7% | -12 bp | +0.2% |
| XJR | iShares ESG Screened S&P Small-Cap ETF | 60.5% | -3 bp | -0.1% |
| IJR | iShares Core S&P Small Cap ETF | 58.1% | -9 bp | +0.1% |
| RWJ | Invesco S&P SmallCap 600 Revenue ETF | 52.5% | +24 bp | +1.1% |
| VIOV | Vanguard S&P Small-Cap 600 Value ETF | 52.1% | -5 bp | +2.3% |
| SLYV | State Street SPDR S&P 600 Small Cap Value ETF | 51.9% | 0 bp | +2.3% |
| VIOG | Vanguard S&P Small-Cap 600 Growth ETF | 50.4% | -5 bp | -2.2% |
| SLYG | State Street SPDR S&P 600 Small Cap Growth ETF | 50.2% | 0 bp | -2.0% |
| CSA | VictoryShares US Small Cap Volatility Wtd ETF | 49.2% | +20 bp | +0.6% |
Risk and Returns: QVMS 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 5/24/2026
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
6.7%
ALTAR SCORE™
74th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 1,349 funds in the US Equity category with an average
ALTAR Score™ of 5.4% and a standard deviation
of 2.0%. QVMS's ALTAR Score™ is approximately 0.6 standard
deviations above the category average. This places QVMS in the 74th percentile
among funds in the category.
Sell-Side Consensus
$37.3
PRICE TARGET
+15.4%
UPSIDE