---
ticker: "QVMM"
name: "Invesco S&P MidCap 400 QVM Multi-factor ETF"
url: "https://etf.net/etf/QVMM"
grade: "B"
score: 57
graded_at: "2026-10-12"
category: "US Multifactor"
category_rank: "46 of 99"
methodology: "https://etf.net/methodology"
---

# QVMM: Invesco S&P MidCap 400 QVM Multi-factor ETF

Grade **B**, Score 57 of 100. Rank 46 of 99 in US Multifactor.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 84 | 12 of 99 |
| Mission | Not scored | — |
| Risk | 34 | 71 of 97 |
| Tradability | 18 | 96 of 99 |
| Holdings | 79 | 15 of 98 |
| Durability | 47 | 59 of 99 |

## Top holdings

The fund holds 360 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | OKTA | Okta Inc | 1.27% |
| 2 | FTI | TechnipFMC PLC | 0.91% |
| 3 | ATI | ATI Inc | 0.84% |
| 4 | NVT | nVent Electric PLC | 0.84% |
| 5 | ENTG | Entegris Inc | 0.78% |
| 6 | UTHR | United Therapeutics Corp | 0.76% |
| 7 | USFD | US Foods Holding Corp | 0.75% |
| 8 | XPO | XPO Inc | 0.74% |
| 9 | THC | Tenet Healthcare Corp | 0.73% |
| 10 | WWD | Woodward Inc | 0.65% |
| 11 | SNX | TD SYNNEX Corp | 0.65% |
| 12 | RS | Reliance Inc | 0.65% |
| 13 | MTSI | MACOM Technology Solutions Holdings Inc | 0.65% |
| 14 | CRS | Carpenter Technology Corp | 0.65% |
| 15 | CW | Curtiss-Wright Corp | 0.63% |
| 16 | RGLD | Royal Gold Inc | 0.62% |
| 17 | BURL | Burlington Stores Inc | 0.61% |
| 18 | ITT | ITT Inc | 0.59% |
| 19 | OVV | Ovintiv Inc | 0.58% |
| 20 | PR | Permian Resources Corp | 0.58% |
| 21 | CDE | Coeur Mining Inc | 0.57% |
| 22 | DINO | HF Sinclair Corp | 0.57% |
| 23 | LSCC | Lattice Semiconductor Corp | 0.56% |
| 24 | FN | Fabrinet | 0.56% |
| 25 | MKSI | MKS Inc | 0.56% |
| 26 | WCC | WESCO International Inc | 0.55% |
| 27 | EWBC | East West Bancorp Inc | 0.55% |
| 28 | RGA | Reinsurance Group of America Inc | 0.55% |
| 29 | RBA | RB Global Inc | 0.54% |
| 30 | RBC | RBC Bearings Inc | 0.53% |

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