Invesco S&P SmallCap 600 QVM Multi-factor ETF

Frequently Asked Questions About QVMS

What does QVMS invest in?

The Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS) is designed to mirror the performance of the S&P SmallCap 600 Quality, Value & Momentum Top 90% Multi-factor Index. This exchange-traded fund typically invests a minimum of 90% of its total holdings in the common stocks that make up its benchmark index. The underlying index is structured to identify and track a specific group of securities within the broader S&P SmallCap 600 Index, prioritizing those demonstrating strong attributes of quality, value, and momentum. Both the fund and the index undergo adjustments on a quarterly basis, occurring in March, June, September, and December.

What is the expense ratio of QVMS?

Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS) charges an expense ratio of 0.15%. This is the annual fee deducted from fund assets to cover management and operations.

How big is QVMS?

Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS) manages $252.9M 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 QVMS actively managed or an index fund?

QVMS's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was QVMS launched?

Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS) launched in June 2021 and is managed by Invesco.

How has QVMS performed?

QVMS'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.