QVMM: INVESCO S&P MIDCAP 400 QVM MULTI-FACTOR ETF
Educational content only. This is not financial advice and is not a recommendation to buy, sell, or hold any ETF.
What this ETF is trying to do
The INVESCO S&P MIDCAP 400 QVM MULTI-FACTOR ETF (ticker: QVMM) is an exchange-traded fund that focuses on midcap companies. It is designed to follow a specific strategy involving multiple factors within the S&P Midcap 400 index.
What the numbers show
The current price of one share is $34.12. Based on our data, the estimated price from roughly one year ago was $30.21.
When looking at how much money an investment has made, it is important to look at two different numbers: price return and total return.
• Price return only measures how much the share price moved up or down.
• Total return includes those price changes plus any cash distributions (dividends) paid out to investors.
Here is what the data shows for QVMM:
• Year-to-Date (YTD): The price return is 10.85%, and the total return is 11.94%.
• One Year: The price return is 12.92%, and the total return is 14.41%.
• Three Years: The price return is 49.22%, and the total return is 55.29%.
Income and distribution explanation
Some investors look for ETFs that pay them cash regularly. This is called a distribution yield. For QVMM, the distribution yield is 1.27%.
The ETF usually pays these distributions on a quarterly basis (four times a year). While these payments provide cash, it is important to remember that a high yield does not guarantee that your total investment will grow. You should always look at the total return to see the full picture of how the fund performed.
NAV erosion explanation
NAV erosion happens when the value of the underlying assets in an ETF decreases significantly over time. Some investors worry about this because it can make it harder for the fund to recover.
For this ETF, the erosion-risk score is 100, and the label says "No price erosion detected." The severity is rated as "good," and there is no severe erosion-risk flag. This means the fund has not shown signs of the type of price deterioration that triggers a warning.
Pros
• Positive Returns: The ETF has shown positive price returns and total returns over the last year and the last three years.
• Low Erosion Risk: The data shows no detected price erosion.
Cons
• Partial Information: The list of holdings provided is only a partial list of the "Top Holdings," meaning we do not see every company the ETF owns.
• Lower Yield: The distribution yield of 1.27% may be considered low for investors specifically looking for high levels of immediate cash income.
Beginner takeaway
QVMM is an ETF that tracks midcap companies. Over the last three years, it has seen growth in both its share price and its total return. It also provides a small amount of regular cash through quarterly distributions and currently shows no signs of significant erosion risk.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
323 holdings available
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | TWILIO INC CLASS A | TWLO | 1.49% |
| 2 | OKTA INC CLASS A | OKTA | 1.14% |
| 3 | TECHNIPFMC PLC | n/a | 0.88% |
| 4 | NVENT ELECTRIC PLC | NVT | 0.84% |
| 5 | ATI INC | ATI | 0.83% |
| 6 | ENTEGRIS INC | ENTG | 0.77% |
| 7 | UNITED THERAPEUTICS CORP | UTHR | 0.74% |
| 8 | US FOODS HOLDING CORP | USFD | 0.74% |
| 9 | XPO INC | XPO | 0.74% |
| 10 | TENET HEALTHCARE CORP | THC | 0.71% |
Show all 323 holdings
1.
TWILIO INC CLASS A
TWLO
1.49%
2.
OKTA INC CLASS A
OKTA
1.14%
3.
TECHNIPFMC PLC
n/a
0.88%
4.
NVENT ELECTRIC PLC
NVT
0.84%
5.
ATI INC
ATI
0.83%
6.
ENTEGRIS INC
ENTG
0.77%
7.
UNITED THERAPEUTICS CORP
UTHR
0.74%
8.
US FOODS HOLDING CORP
USFD
0.74%
9.
XPO INC
XPO
0.74%
10.
TENET HEALTHCARE CORP
THC
0.71%
11.
CURTISS-WRIGHT CORP
CW
0.67%
12.
TD SYNNEX CORP
SNX
0.65%
13.
CARPENTER TECHNOLOGY CORP
CRS
0.64%
14.
RELIANCE INC
RS
0.64%
15.
WOODWARD INC
WWD
0.64%
16.
MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC
MTSI
0.62%
17.
ROYAL GOLD INC
RGLD
0.61%
18.
BURLINGTON STORES INC
BURL
0.60%
19.
ITT INC
ITT
0.60%
20.
LATTICE SEMICONDUCTOR CORP
LSCC
0.59%
21.
GRACO INC
GGG
0.42%
22.
MANHATTAN ASSOCIATES INC
MANH
0.42%
23.
MASTEC INC
MTZ
0.42%
24.
RPM INTERNATIONAL INC
RPM
0.42%
25.
APPLIED INDUSTRIAL TECHNOLOGIES INC
AIT
0.41%
26.
HALOZYME THERAPEUTICS INC
HALO
0.41%
27.
BJ'S WHOLESALE CLUB HOLDINGS INC
BJ
0.40%
28.
DT MIDSTREAM INC ORDINARY SHARES
DTM
0.40%
29.
LAMAR ADVERTISING CO CLASS A
LAMR
0.40%
30.
NEXTPOWER INC
NXT
0.40%
31.
BORGWARNER INC
BWA
0.39%
32.
CROWN HOLDINGS INC
CCK
0.39%
33.
FIVE BELOW INC
FIVE
0.39%
34.
ARROW ELECTRONICS INC
ARW
0.38%
35.
BWX TECHNOLOGIES INC
BWXT
0.38%
36.
ENCOMPASS HEALTH CORP
EHC
0.38%
37.
EQUITY LIFESTYLE PROPERTIES INC
ELS
0.38%
38.
RAMBUS INC
RMBS
0.38%
39.
SANMINA CORP
SANM
0.38%
40.
ADVANCED ENERGY INDUSTRIES INC
AEIS
0.36%
41.
BIOMARIN PHARMACEUTICAL INC
BMRN
0.36%
42.
COCA-COLA CONSOLIDATED INC
COKE
0.36%
43.
ELANCO ANIMAL HEALTH INC
ELAN
0.36%
44.
LITTELFUSE INC
LFUS
0.36%
45.
MOOG INC CLASS A
MOG-A
0.36%
46.
TEXAS ROADHOUSE INC
TXRH
0.36%
47.
ALCOA CORP
AA
0.35%
48.
ESSENTIAL UTILITIES INC
WTRG
0.35%
49.
FIRST HORIZON CORP
FHN
0.35%
50.
GAMING AND LEISURE PROPERTIES INC
GLPI
0.35%
51.
HECLA MINING CO
HL
0.35%
52.
n/a
KNX
0.35%
53.
SERVICE CORP INTERNATIONAL
SCI
0.35%
54.
ALLY FINANCIAL INC
ALLY
0.34%
55.
COGNEX CORP
CGNX
0.34%
56.
EASTGROUP PROPERTIES INC
EGP
0.34%
57.
REGAL REXNORD CORP
RRX
0.34%
58.
STIFEL FINANCIAL CORP
SF
0.34%
59.
AFFILIATED MANAGERS GROUP INC
AMG
0.33%
60.
AVANTOR INC
AVTR
0.33%
61.
DONALDSON CO INC
DCI
0.33%
62.
FIDELITY NATIONAL FINANCIAL INC
FNF
0.33%
63.
NEW YORK TIMES CO CLASS A
NYT
0.33%
64.
VIAVI SOLUTIONS INC
VIAV
0.33%
65.
WATSCO INC ORDINARY SHARES
WSO
0.33%
66.
WATTS WATER TECHNOLOGIES INC CLASS A
WTS
0.33%
67.
AMERICAN HOMES 4 RENT CLASS A
AMH
0.32%
68.
ANTERO RESOURCES CORP
AR
0.32%
69.
CNH INDUSTRIAL NV
CNH
0.32%
70.
ENSIGN GROUP INC
ENSG
0.32%
71.
EVERCORE INC CLASS A
EVR
0.32%
72.
FLOWSERVE CORP
FLS
0.32%
73.
MOLINA HEALTHCARE INC
MOH
0.32%
74.
n/a
AHR
0.32%
75.
SOUTHSTATE BANK CORP
SSB
0.32%
76.
THE TORO CO
TTC
0.32%
77.
ACUITY INC
AYI
0.31%
78.
ALLISON TRANSMISSION HOLDINGS INC
ALSN
0.31%
79.
AMERICAN FINANCIAL GROUP INC
AFG
0.31%
80.
CULLEN/FROST BANKERS INC
CFR
0.31%
81.
DARLING INGREDIENTS INC
DAR
0.31%
82.
SAIA INC
SAIA
0.31%
83.
SEI INVESTMENTS CO
SEIC
0.31%
84.
WINTRUST FINANCIAL CORP
WTFC
0.31%
85.
ADVANCED DRAINAGE SYSTEMS INC
WMS
0.30%
86.
DIGITALOCEAN HOLDINGS INC
DOCN
0.30%
87.
GAMESTOP CORP CLASS A
GME
0.30%
88.
GLOBUS MEDICAL INC CLASS A
GMED
0.30%
89.
UMB FINANCIAL CORP
UMBF
0.30%
90.
ARROWHEAD PHARMACEUTICALS INC
ARWR
0.29%
91.
BRIGHTSPRING HEALTH SERVICES INC
BTSG
0.29%
92.
DICK'S SPORTING GOODS INC
DKS
0.29%
93.
OGE ENERGY CORP
OGE
0.29%
94.
RANGE RESOURCES CORP
RRC
0.29%
95.
RYDER SYSTEM INC
R
0.29%
96.
SOLSTICE ADVANCED MATERIALS INC
SOLS
0.29%
97.
VALMONT INDUSTRIES INC
VMI
0.29%
98.
ZIONS BANCORP NA
ZION
0.29%
99.
AMERICAN AIRLINES GROUP INC
AAL
0.28%
100.
CUBESMART
CUBE
0.28%
101.
KRYSTAL BIOTECH INC
KRYS
0.28%
102.
MURPHY USA INC
MUSA
0.28%
103.
OLD NATIONAL BANCORP
ONB
0.28%
104.
OLD REPUBLIC INTERNATIONAL CORP
ORI
0.28%
105.
SPX TECHNOLOGIES INC
SPXC
0.28%
106.
TETRA TECH INC
TTEK
0.28%
107.
VOYA FINANCIAL INC
VOYA
0.28%
108.
AVNET INC
AVT
0.27%
109.
BOOZ ALLEN HAMILTON HOLDING CORP CLASS A
BAH
0.27%
110.
BRIXMOR PROPERTY GROUP INC
BRX
0.27%
111.
CARETRUST REIT INC
CTRE
0.27%
112.
COLUMBIA BANKING SYSTEM INC
COLB
0.27%
113.
INTERDIGITAL INC
IDCC
0.27%
114.
OSHKOSH CORP
OSK
0.27%
115.
PRIMERICA INC
PRI
0.27%
116.
AECOM
ACM
0.26%
117.
APTARGROUP INC
ATR
0.26%
118.
CORE & MAIN INC CLASS A
CNM
0.26%
119.
DYCOM INDUSTRIES INC
DY
0.26%
120.
FIRST INDUSTRIAL REALTY TRUST INC
FR
0.26%
121.
NNN REIT INC
NNN
0.26%
122.
REXFORD INDUSTRIAL REALTY INC
REXR
0.26%
123.
AGREE REALTY CORP
ADC
0.25%
124.
AUTOLIV INC
ALV
0.25%
125.
COREBRIDGE FINANCIAL INC
CRBG
0.25%
126.
FIRSTCASH HOLDINGS INC
FCFS
0.25%
127.
HEALTHEQUITY INC
HQY
0.25%
128.
MAPLEBEAR INC
CART
0.25%
129.
n/a
VNOM
0.25%
130.
PROSPERITY BANCSHARES INC
PB
0.25%
131.
THE HANOVER INSURANCE GROUP INC
THG
0.25%
132.
THE TIMKEN CO
TKR
0.25%
133.
UGI CORP
UGI
0.25%
134.
UIPATH INC CLASS A
PATH
0.25%
135.
WESTERN ALLIANCE BANCORP
WAL
0.25%
136.
BRUKER CORP
BRKR
0.24%
137.
CHORD ENERGY CORP ORDINARY SHARES NEW
CHRD
0.24%
138.
COMMERCE BANCSHARES INC
CBSH
0.24%
139.
ENERSYS
ENS
0.24%
140.
IDACORP INC
IDA
0.24%
141.
KINSALE CAPITAL GROUP INC
KNSL
0.24%
142.
KIRBY CORP
KEX
0.24%
143.
NEWMARKET CORP
NEU
0.24%
144.
QUALYS INC
QLYS
0.24%
145.
SIMPSON MANUFACTURING CO INC
SSD
0.24%
146.
VICOR CORP
VICR
0.24%
147.
AXALTA COATING SYSTEMS LTD
AXTA
0.23%
148.
JEFFERIES FINANCIAL GROUP INC
JEF
0.23%
149.
NATIONAL FUEL GAS CO
NFG
0.23%
150.
PAYLOCITY HOLDING CORP
PCTY
0.23%
151.
SILICON LABORATORIES INC
SLAB
0.23%
152.
BIO-RAD LABORATORIES INC CLASS A
BIO
0.22%
153.
CHEMED CORP
CHE
0.22%
154.
COMMERCIAL METALS CO
CMC
0.22%
155.
FLUOR CORP
FLR
0.22%
156.
HOULIHAN LOKEY INC CLASS A
HLI
0.22%
157.
HYATT HOTELS CORP CLASS A
H
0.22%
158.
LITHIA MOTORS INC CLASS A
LAD
0.22%
159.
SPROUTS FARMERS MARKET INC
SFM
0.22%
160.
STAG INDUSTRIAL INC
STAG
0.22%
161.
AGCO CORP
AGCO
0.21%
162.
ANTERO MIDSTREAM CORP
AM
0.21%
163.
FIRST AMERICAN FINANCIAL CORP
FAF
0.21%
164.
HEXCEL CORP
HXL
0.21%
165.
MSA SAFETY INC
MSA
0.21%
166.
NOV INC
NOV
0.21%
167.
PBF ENERGY INC CLASS A
PBF
0.21%
168.
TEREX CORP
TEX
0.21%
169.
UNITED BANKSHARES INC
UBSI
0.21%
170.
CIRRUS LOGIC INC
CRUS
0.20%
171.
CLEVELAND-CLIFFS INC
CLF
0.20%
172.
CROCS INC
CROX
0.20%
173.
DUOLINGO INC
DUOL
0.20%
174.
F N B CORP
FNB
0.20%
175.
HEALTHCARE REALTY TRUST INC
HR
0.20%
176.
INGREDION INC
INGR
0.20%
177.
LANDSTAR SYSTEM INC
LSTR
0.20%
178.
MACY'S INC
M
0.20%
179.
n/a
WFRD
0.20%
180.
SENSATA TECHNOLOGIES HOLDING PLC
ST
0.20%
181.
AMKOR TECHNOLOGY INC
AMKR
0.19%
182.
EXLSERVICE HOLDINGS INC
EXLS
0.19%
183.
GATX CORP
GATX
0.19%
184.
H&R BLOCK INC
HRB
0.19%
185.
HANCOCK WHITNEY CORP
HWC
0.19%
186.
LEAR CORP
LEA
0.19%
187.
MATADOR RESOURCES CO
MTDR
0.19%
188.
MSC INDUSTRIAL DIRECT CO INC CLASS A
MSM
0.19%
189.
ORMAT TECHNOLOGIES INC
ORA
0.19%
190.
TXNM ENERGY INC
TXNM
0.19%
191.
VALLEY NATIONAL BANCORP
VLY
0.19%
192.
WEX INC
WEX
0.19%
193.
ABERCROMBIE & FITCH CO CLASS A
ANF
0.18%
194.
APPFOLIO INC CLASS A
APPF
0.18%
195.
EAGLE MATERIALS INC
EXP
0.18%
196.
ESSENT GROUP LTD
ESNT
0.18%
197.
GENPACT LTD
G
0.18%
198.
GLACIER BANCORP INC
GBCI
0.18%
199.
GXO LOGISTICS INC
GXO
0.18%
200.
IES HOLDINGS INC
IESC
0.18%
201.
MGIC INVESTMENT CORP
MTG
0.18%
202.
n/a
WH
0.18%
203.
n/a
BSY
0.18%
204.
OLLIE'S BARGAIN OUTLET HOLDINGS INC
OLLI
0.18%
205.
SCIENCE APPLICATIONS INTERNATIONAL CORP
SAIC
0.18%
206.
SONOCO PRODUCTS CO
SON
0.18%
207.
VORNADO REALTY TRUST
VNO
0.18%
208.
BLACK HILLS CORP
BKH
0.17%
209.
CHURCHILL DOWNS INC
CHDN
0.17%
210.
GAP INC
GAP
0.17%
211.
HOME BANCSHARES INC
HOMB
0.17%
212.
NEW JERSEY RESOURCES CORP
NJR
0.17%
213.
NOVANTA INC
NOVT
0.17%
214.
PORTLAND GENERAL ELECTRIC CO
POR
0.17%
215.
RLI CORP
RLI
0.17%
216.
SELECTIVE INSURANCE GROUP INC
SIGI
0.17%
217.
SOUTHWEST GAS HOLDINGS INC
SWX
0.17%
218.
UL SOLUTIONS INC CLASS A COMMON STOCK
ULS
0.17%
219.
VAIL RESORTS INC
MTN
0.17%
220.
ALLEGRO MICROSYSTEMS INC ORDINARY SHARES
ALGM
0.16%
221.
CHEWY INC
CHWY
0.16%
222.
CNO FINANCIAL GROUP INC
CNO
0.16%
223.
FLOOR & DECOR HOLDINGS INC CLASS A
FND
0.16%
224.
FORTUNE BRANDS INNOVATIONS INC
FBIN
0.16%
225.
HAEMONETICS CORP
HAE
0.16%
226.
KITE REALTY GROUP TRUST
KRG
0.16%
227.
MATTEL INC
MAT
0.16%
228.
NEXSTAR MEDIA GROUP INC
NXST
0.16%
229.
RAYONIER INC
RYN
0.16%
230.
SOTERA HEALTH CO ORDINARY SHARES
SHC
0.16%
231.
VALARIS LTD
VAL
0.16%
232.
VF CORP
VFC
0.16%
233.
ASSOCIATED BANC-CORP
ASB
0.15%
234.
BANK OZK
OZK
0.15%
235.
BRUNSWICK CORP
BC
0.15%
236.
COUSINS PROPERTIES INC
CUZ
0.15%
237.
GENTEX CORP
GNTX
0.15%
238.
MURPHY OIL CORP
MUR
0.15%
239.
ONE GAS INC
OGS
0.15%
240.
SABRA HEALTH CARE REIT INC
SBRA
0.15%
241.
SIRIUS XM HOLDINGS INC
SIRI
0.15%
242.
SPIRE INC
SR
0.15%
243.
SYNAPTICS INC
SYNA
0.15%
244.
THE MIDDLEBY CORP
MIDD
0.15%
245.
TREX CO INC
TREX
0.15%
246.
ALASKA AIR GROUP INC
ALK
0.14%
247.
ALBERTSONS COMPANIES INC CLASS A
ACI
0.14%
248.
BELDEN INC
BDC
0.14%
249.
CNX RESOURCES CORP
CNX
0.14%
250.
EPR PROPERTIES
EPR
0.14%
251.
FEDERATED HERMES INC CLASS B
FHI
0.14%
252.
FIRST FINANCIAL BANKSHARES INC
FFIN
0.14%
253.
KBR INC
KBR
0.14%
254.
LOUISIANA-PACIFIC CORP
LPX
0.14%
255.
MORNINGSTAR INC
MORN
0.14%
256.
SLM CORP
SLM
0.14%
257.
STARWOOD PROPERTY TRUST INC
STWD
0.14%
258.
THE BRINK'S CO
BCO
0.14%
259.
UFP INDUSTRIES INC
UFPI
0.14%
260.
VONTIER CORP ORDINARY SHARES
VNT
0.14%
261.
AUTONATION INC
AN
0.13%
262.
AVIENT CORP
AVNT
0.13%
263.
BILL HOLDINGS INC ORDINARY SHARES
BILL
0.13%
264.
CABOT CORP
CBT
0.13%
265.
DOXIMITY INC CLASS A
DOCS
0.13%
266.
ENVISTA HOLDINGS CORP ORDINARY SHARES
NVST
0.13%
267.
ESAB CORP
ESAB
0.13%
268.
FTI CONSULTING INC
FCN
0.13%
269.
GRAND CANYON EDUCATION INC
LOPE
0.13%
270.
HAMILTON LANE INC CLASS A
HLNE
0.13%
271.
LIVANOVA PLC
LIVN
0.13%
272.
n/a
WMG
0.13%
273.
NORTHWESTERN ENERGY GROUP INC
NWE
0.13%
274.
STANDARDAERO INC
SARO
0.13%
275.
TEXAS CAPITAL BANCSHARES INC
TCBI
0.13%
276.
TRAVEL&LEISURE CO
TNL
0.13%
277.
BOYD GAMING CORP
BYD
0.12%
278.
COPT DEFENSE PROPERTIES
CDP
0.12%
279.
INDEPENDENCE REALTY TRUST INC
IRT
0.12%
280.
INTERNATIONAL BANCSHARES CORP
IBOC
0.12%
281.
KILROY REALTY CORP
KRC
0.12%
282.
n/a
GHC
0.12%
283.
PENSKE AUTOMOTIVE GROUP INC
PAG
0.12%
284.
PVH CORP
PVH
0.12%
285.
THOR INDUSTRIES INC
THO
0.12%
286.
UNIVERSAL DISPLAY CORP
OLED
0.12%
287.
BATH & BODY WORKS INC
BBWI
0.11%
288.
DOLBY LABORATORIES INC CLASS A
DLB
0.11%
289.
EXPONENT INC
EXPO
0.11%
290.
FLAGSTAR BANK NA
FLG
0.11%
291.
OPTION CARE HEALTH INC
OPCH
0.11%
292.
SILGAN HOLDINGS INC
SLGN
0.11%
293.
ASHLAND INC
ASH
0.10%
294.
GRAPHIC PACKAGING HOLDING CO
GPK
0.10%
295.
KB HOME
KBH
0.10%
296.
KNIFE RIVER CORP
KNF
0.10%
297.
PARK HOTELS & RESORTS INC
PK
0.10%
298.
PEGASYSTEMS INC
PEGA
0.10%
299.
POLARIS INC
PII
0.10%
300.
POST HOLDINGS INC
POST
0.10%
301.
YETI HOLDINGS INC
YETI
0.10%
302.
HARLEY-DAVIDSON INC
HOG
0.09%
303.
KYNDRYL HOLDINGS INC ORDINARY SHARES
KD
0.09%
304.
MAXIMUS INC
MMS
0.09%
305.
n/a
BHF
0.09%
306.
VISTEON CORP
VC
0.08%
307.
CRANE NXT CO
CXT
0.07%
308.
EURONET WORLDWIDE INC
EEFT
0.07%
309.
HILTON GRAND VACATIONS INC
HGV
0.07%
310.
PARSONS CORP
PSN
0.07%
311.
THE MARZETTI CO
MZTI
0.07%
312.
WESTLAKE CORP
WLK
0.07%
313.
WHIRLPOOL CORP
WHR
0.07%
314.
DENTSPLY SIRONA INC
XRAY
0.06%
315.
GREIF INC CLASS A
GEF
0.06%
316.
IPG PHOTONICS CORP
IPGP
0.06%
317.
OLIN CORP
OLN
0.06%
318.
RH CLASS A
RH
0.06%
319.
COLUMBIA SPORTSWEAR CO
COLM
0.05%
320.
PILGRIMS PRIDE CORP
PPC
0.04%
321.
INVESCO SHRT-TRM INV GOV&AGCY INSTL
AGPXX
0.02%
322.
CASH
n/a
0.00%
323.
SECURITIES LENDING BNYM
n/a
0.00%