Invesco S&P 500 QVM Multi-factor ETF

Frequently Asked Questions About QVML

What does QVML invest in?

Invesco Exchange-Traded Fund Trust II - Invesco S&P 500 QVM Multi-factor ETF is an exchange traded fund launched and managed by Invesco Capital Management LLC. The fund invests in the public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in value and momentum stocks of large-cap companies. It seeks to track the performance of the S&P 500 Quality, Value & Momentum Top 90% Multi-factor Index, by using full replication technique. Invesco Exchange-Traded Fund Trust II - Invesco S&P 500 QVM Multi-factor ETF was formed on June 28, 2021 and is domiciled in the United States.

What is the expense ratio of QVML?

Invesco S&P 500 QVM Multi-factor ETF (QVML) charges an expense ratio of 0.11%. This is the annual fee deducted from fund assets to cover management and operations.

How big is QVML?

Invesco S&P 500 QVM Multi-factor ETF (QVML) manages $1.48B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is QVML actively managed or an index fund?

QVML is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (QVML's is 0.11%) because there's no security selection cost.

When was QVML launched?

Invesco S&P 500 QVM Multi-factor ETF (QVML) launched in June 2021 and is managed by Invesco.

How has QVML performed?

QVML's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.