Key stats
About Invesco S&P MidCap 400 QVM Multi-factor ETF
Home page
Inception date
Jun 30, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
ISIN
US46138G5734
QVMM is a passively managed ETF that provides exposure to US mid-cap stocks that exhibit factors of quality, vale, and momentum. Securities from S&P mid-cap 400 Index are each assigned quality, value, and momentum factor scores. From the three style scores, a combined multi-factor score is generated from which the top 90% ranking securities are selected. Using a sampling methodology in tracking the index, QVMM invests in a sample of securities that collectively have a similar investment profile to the underlying index. The index is market cap-weighted and rebalanced quarterly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Producer Manufacturing
Stocks99.99%
Finance25.82%
Producer Manufacturing10.53%
Technology Services7.69%
Electronic Technology7.69%
Retail Trade5.90%
Industrial Services5.49%
Health Technology4.00%
Consumer Services3.82%
Transportation3.57%
Non-Energy Minerals3.32%
Distribution Services3.30%
Process Industries3.15%
Consumer Durables2.93%
Energy Minerals2.67%
Utilities2.56%
Consumer Non-Durables2.45%
Health Services2.33%
Commercial Services2.17%
Communications0.60%
Bonds, Cash & Other0.01%
Mutual fund0.01%
Stock breakdown by region
North America98.04%
Europe1.96%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
QVMM invests in stocks. The fund's major sectors are Finance, with 25.82% stocks, and Producer Manufacturing, with 10.53% of the basket. The assets are mostly located in the North America region.
QVMM top holdings are EMCOR Group, Inc. and Comfort Systems USA, Inc., occupying 1.06% and 0.88% of the portfolio correspondingly.
QVMM last dividends amounted to 0.10 USD. The quarter before, the issuer paid 0.10 USD in dividends, which shows a 0.59% decrease.
QVMM assets under management is 366.76 M USD. It's risen 3.46% over the last month.
QVMM fund flows account for 29.48 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, QVMM pays dividends to its holders with the dividend yield of 1.33%. The last dividend (Jun 27, 2025) amounted to 0.10 USD. The dividends are paid quarterly.
QVMM shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Jun 30, 2021, and its management style is Passive.
QVMM expense ratio is 0.15% meaning you'd have to pay 0.15% of your investment to help manage the fund.
QVMM follows the S&P MidCap 400 Quality, Value & Momentum Top 90% Multi-factor Index (USD). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
QVMM invests in stocks.
QVMM price has risen by 4.65% over the last month, and its yearly performance shows a 9.07% increase. See more dynamics on QVMM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.56% over the last month, showed a 7.38% increase in three-month performance and has increased by 6.41% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.56% over the last month, showed a 7.38% increase in three-month performance and has increased by 6.41% in a year.
QVMM trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.