---
ticker: "QVMS"
name: "Invesco S&P SmallCap 600 QVM Multi-factor ETF"
url: "https://etf.net/etf/QVMS"
grade: "B"
score: 61
graded_at: "2026-10-12"
category: "S&P SmallCap 600"
category_rank: "8 of 13"
methodology: "https://etf.net/methodology"
---

# QVMS: Invesco S&P SmallCap 600 QVM Multi-factor ETF

Grade **B**, Score 61 of 100. Rank 8 of 13 in S&P SmallCap 600.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 58 | 5 of 13 |
| Mission | 100 | 1 of 13 |
| Risk | 50 | 6 of 13 |
| Tradability | 18 | 12 of 13 |
| Holdings | 82 | 3 of 13 |
| Durability | 23 | 11 of 13 |

## Top holdings

The fund holds 541 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | PAYC | Paycom Software Inc | 0.69% |
| 2 | GKOS | Glaukos Corp | 0.63% |
| 3 | VSAT | Viasat Inc | 0.59% |
| 4 | PTGX | Protagonist Therapeutics Inc | 0.57% |
| 5 | JXN | Jackson Financial Inc | 0.57% |
| 6 | RHP | Ryman Hospitality Properties Inc | 0.55% |
| 7 | ESI | Element Solutions Inc | 0.53% |
| 8 | SM | SM Energy Co | 0.53% |
| 9 | EMN | Eastman Chemical Co | 0.49% |
| 10 | KMX | CarMax Inc | 0.49% |
| 11 | RAL | Ralliant Corp | 0.49% |
| 12 | LW | Lamb Weston Holdings Inc | 0.48% |
| 13 | VSXY | Victoria's Secret & Co | 0.48% |
| 14 | TGTX | TG Therapeutics Inc | 0.47% |
| 15 | ACA | Arcosa Inc | 0.47% |
| 16 | AWI | Armstrong World Industries Inc | 0.46% |
| 17 | ZWS | Zurn Elkay Water Solutions Corp | 0.46% |
| 18 | MSGS | Madison Square Garden Sports Corp | 0.46% |
| 19 | ALKS | Alkermes PLC | 0.45% |
| 20 | TRNO | Terreno Realty Corp | 0.45% |
| 21 | LYFT | Lyft Inc | 0.45% |
| 22 | FSS | Federal Signal Corp | 0.45% |
| 23 | CAG | Conagra Brands Inc | 0.44% |
| 24 | MXL | MaxLinear Inc | 0.44% |
| 25 | PLXS | Plexus Corp | 0.44% |
| 26 | MATX | Matson Inc | 0.44% |
| 27 | ESE | ESCO Technologies Inc | 0.44% |
| 28 | LNC | Lincoln National Corp | 0.43% |
| 29 | GTES | Gates Industrial Corp Ltd | 0.43% |
| 30 | NPO | Enpro Inc | 0.42% |

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