Skip to content
etf.net

Launched · SEC filings

Invesco S&P 500 Concentrated QVM ETF

QVMTNYSE ArcaInvescoB

$62.20−0.78 (−1.23%)

As of Nov 2, 2026, 3:42 PM ET

B57/ 100

Rank 44 of 99 in US Multifactor

B57/100Rank 44 of 99inUS Multifactor
Intraday session: down, 70 prints from 62.97 to 62.20. Range 62.20 to 63.13. Use the arrow keys to read each point.62.4062.6062.8010 AM12 PM2 PM4 PM
Expense ratio
0.13%
Fund size
$123M
1Y total return
No data
Yield · Last 12 months
1.74%
Holdings
102
Avg volume · 30D
8.95K sh
52W range
low $53.67high $69.92
Launched
Filings
SEC EDGAR

The ETF.net QVMT Grade

B

Score 57 out of 100

Category
US Multifactor⁠
Rank
44 of 99
Six-pillar profile for QVMT. Scores out of 100: Cost 89, Risk 31, Mission 55, Tradability 39, Holdings 34, Durability 54. Strongest: Cost (89). Weakest: Risk (31). Leans toward Cost.

Score 57 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A89 out of 100
    Rank 11 of 99

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    B55 out of 100
    Rank 79 of 87

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D31 out of 100
    Rank 77 of 99

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D39 out of 100
    Rank 61 of 99

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D34 out of 100
    Rank 85 of 98

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C54 out of 100
    Rank 50 of 99

Our read on QVMT

ETF.net Research

In short

BThree factor bets in one ticker. QVMT screens the S&P 500 for quality, value and momentum together, then keeps only about 100 names, at a fee well under the typical multi-factor fund.

Stated mandate

The fund seeks to track an index applying quality, value, and momentum factors to 100 stocks selected from the S&P 500.

Why people hold it

  • 0.13% a year, well below the typical multi-factor peer. The tilt doesn't start in a fee hole.
  • Quality, value and momentum are screened in one rules-based index instead of stitched together from three separate funds.
  • Roughly 100 stocks, all pulled from the S&P 500, so the factor tilts actually show up in the portfolio rather than washing out.
  • Live since 2015 with a published index behind it and cash paid out quarterly.

Worth knowing

  • Thinly traded and small next to the giants in its group, so the spread you pay at the screen can matter more than the yearly fee.
  • Concentration cuts both ways: about 100 names moves differently, and sometimes harder, than the full 500.
  • Broad-market peers like VYM and IUSG charge less and hold more; this is the narrower, more opinionated build.

QVMT Performance

Launched Oct 9, 2015

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
QVMT$9,708
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,141
Jul 31, 2026 to Oct 30, 2026. QVMT $9,708. SPY $10,141. Use the arrow keys to read each point.$9,750$10,000$10,250$10,500Jul 2026Sep 2026Oct 2026

Jul 31, 2026 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for QVMT. Periods over one year show the average yearly return.
PeriodQVMT
Year to dateHistory unavailableNo data
1 month−2.8%
3 months−2.9%
1 yearHistory unavailableNo data
3 yearsHistory unavailableper yearNo data
5 yearsHistory unavailableper yearNo data
10 yearsHistory unavailableper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for QVMT
YearReturn barQVMT
2026 YTD+10.7%

History from Jan 27, 2026

QVMT in the news

QVMT Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
1.74%Last 12 months
Payout per share
$1.09Last 12 months
Last payment
$0.22 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 17, 2017 $0.05; Jun 16, 2017 $0.05; Sep 18, 2017 $0.15; Dec 18, 2017 $0.58; Mar 19, 2018 $0.15; Jun 18, 2018 $0.16; Sep 24, 2018 $0.21; Dec 24, 2018 $0.23; Mar 18, 2019 $0.19; Jun 24, 2019 $0.19; Sep 23, 2019 $0.24; Dec 23, 2019 $0.24; Mar 23, 2020 $0.25; Jun 22, 2020 $0.22; Sep 21, 2020 $0.23; Dec 21, 2020 $0.21; Mar 22, 2021 $0.25; Jun 21, 2021 $0.20; Sep 20, 2021 $0.26; Dec 20, 2021 $0.31; Mar 21, 2022 $0.23; Jun 21, 2022 $0.27; Sep 19, 2022 $0.27; Dec 19, 2022 $0.25; Mar 20, 2023 $0.37; Jun 20, 2023 $0.26; Sep 18, 2023 $0.36; Dec 18, 2023 $0.36; Mar 18, 2024 $0.33; Jun 24, 2024 $0.31; Sep 23, 2024 $0.35; Dec 23, 2024 $0.35; Mar 24, 2025 $0.35; Jun 23, 2025 $0.32; Sep 22, 2025 $0.36; Dec 22, 2025 $0.35; Mar 23, 2026 $0.34; Jun 22, 2026 $0.18; Sep 21, 2026 $0.22. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 21, 2026Sep 25, 2026$0.22
Jun 22, 2026Jun 26, 2026$0.18
Mar 23, 2026Mar 27, 2026$0.34
Dec 22, 2025Dec 26, 2025$0.35
Sep 22, 2025Sep 26, 2025$0.36
Jun 23, 2025Jun 27, 2025$0.32
Mar 24, 2025Mar 28, 2025$0.35
Dec 23, 2024Dec 27, 2024$0.35
Sep 23, 2024Sep 27, 2024$0.35
Jun 24, 2024Jun 28, 2024$0.31
Mar 18, 2024Mar 22, 2024$0.33
Dec 18, 2023Dec 22, 2023$0.36

See all 42 payments⁠

QVMT Risk

Risk pillarD31 out of 100Rank 77 of 99 in US Multifactor
How much the fund’s monthly returns vary, scaled to a year.
No data available
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
No data available
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
No data available
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.86
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

QVMT Cost

Compare QVMT and VYM

Overpaying vs VYM, tied cheapest in US Multifactor

$1,877

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • QVMT 0.13%

    $2,726

  • VYM 0.04% Tied cheapest

    $849

$10,000
30 years

Cost over time

  • QVMT 0.13%
  • VYM 0.04%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K051015202530QVMT $2,726VYM $849

Year by year

YearQVMTVYMOverpaying
10$238$73$165
20$930$288$642
30$2,726$849$1,877

Other funds in US Multifactor

See others