---
ticker: "QVML"
name: "Invesco S&P 500 QVM Multi-factor ETF"
url: "https://etf.net/etf/QVML"
grade: "A"
score: 73
graded_at: "2026-10-12"
category: "US Multifactor"
category_rank: "17 of 99"
methodology: "https://etf.net/methodology"
---

# QVML: Invesco S&P 500 QVM Multi-factor ETF

Grade **A**, Score 73 of 100. Rank 17 of 99 in US Multifactor.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 91 | 9 of 99 |
| Mission | 91 | 26 of 86 |
| Risk | 69 | 18 of 97 |
| Tradability | 45 | 51 of 99 |
| Holdings | 31 | 87 of 98 |
| Durability | 61 | 38 of 99 |

## Top holdings

The fund holds 438 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | NVDA | NVIDIA Corp | 8.98% |
| 2 | AAPL | Apple Inc | 8.12% |
| 3 | MSFT | Microsoft Corp | 6.74% |
| 4 | GOOGL | Alphabet Inc | 4.57% |
| 5 | AMZN | Amazon.com Inc | 4.43% |
| 6 | AVGO | Broadcom Inc | 2.87% |
| 7 | MU | Micron Technology Inc | 1.79% |
| 8 | BRK.B | Berkshire Hathaway Inc | 1.59% |
| 9 | LLY | Eli Lilly & Co | 1.59% |
| 10 | AMD | Advanced Micro Devices Inc | 1.48% |
| 11 | JPM | JPMorgan Chase & Co | 1.48% |
| 12 | XOM | ExxonMobil Holdings Corp | 1.14% |
| 13 | V | Visa Inc | 1.14% |
| 14 | JNJ | Johnson & Johnson | 1.05% |
| 15 | MA | Mastercard Inc | 0.87% |
| 16 | WMT | Walmart Inc | 0.81% |
| 17 | CSCO | Cisco Systems Inc | 0.78% |
| 18 | COST | Costco Wholesale Corp | 0.75% |
| 19 | INTC | Intel Corp | 0.72% |
| 20 | AMAT | Applied Materials Inc | 0.66% |
| 21 | PANW | Palo Alto Networks Inc | 0.65% |
| 22 | LRCX | Lam Research Corp | 0.65% |
| 23 | PG | Procter & Gamble Co/The | 0.65% |
| 24 | CVX | Chevron Corp | 0.64% |
| 25 | CAT | Caterpillar Inc | 0.61% |
| 26 | MRK | Merck & Co Inc | 0.60% |
| 27 | BAC | Bank of America Corp | 0.59% |
| 28 | KO | Coca-Cola Co/The | 0.59% |
| 29 | UNH | UnitedHealth Group Inc | 0.58% |
| 30 | GE | General Electric Co | 0.55% |

Source: etf.net, https://etf.net/etf/QVML. Please cite the page URL.