---
ticker: "XSHQ"
name: "Invesco S&P SmallCap Quality ETF"
url: "https://etf.net/etf/XSHQ"
grade: "B"
score: 56
graded_at: "2026-10-12"
category: "US Quality Index"
category_rank: "13 of 26"
methodology: "https://etf.net/methodology"
---

# XSHQ: Invesco S&P SmallCap Quality ETF

Grade **B**, Score 56 of 100. Rank 13 of 26 in US Quality Index.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 60 | 11 of 26 |
| Mission | 65 | 15 of 19 |
| Risk | 25 | 22 of 26 |
| Tradability | 51 | 13 of 26 |
| Holdings | 73 | 6 of 26 |
| Durability | 61 | 11 of 26 |

## Top holdings

The fund holds 117 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | PAYC | Paycom Software Inc | 3.95% |
| 2 | DAVE | Dave Inc | 2.36% |
| 3 | AWI | Armstrong World Industries Inc | 2.20% |
| 4 | AGX | Argan Inc | 2.20% |
| 5 | LYFT | Lyft Inc | 2.17% |
| 6 | MKTX | MarketAxess Holdings Inc | 2.09% |
| 7 | YOU | Clear Secure Inc | 1.98% |
| 8 | FTDR | Frontdoor Inc | 1.84% |
| 9 | MC | Moelis & Co | 1.77% |
| 10 | ECG | Everus Construction Group Inc | 1.74% |
| 11 | ZWS | Zurn Elkay Water Solutions Corp | 1.69% |
| 12 | POWL | Powell Industries Inc | 1.69% |
| 13 | MYRG | MYR Group Inc | 1.67% |
| 14 | PJT | PJT Partners Inc | 1.65% |
| 15 | LNC | Lincoln National Corp | 1.54% |
| 16 | PLXS | Plexus Corp | 1.53% |
| 17 | APAM | Artisan Partners Asset Management Inc | 1.48% |
| 18 | MATX | Matson Inc | 1.42% |
| 19 | PRIM | Primoris Services Corp | 1.41% |
| 20 | TGTX | TG Therapeutics Inc | 1.39% |
| 21 | TDC | Teradata Corp | 1.34% |
| 22 | PIPR | Piper Sandler Cos | 1.30% |
| 23 | CARG | Cargurus Inc | 1.26% |
| 24 | KLIC | Kulicke & Soffa Industries Inc | 1.26% |
| 25 | SEZL | Sezzle Inc | 1.25% |
| 26 | IBP | Installed Building Products Inc | 1.24% |
| 27 | INSW | International Seaways Inc | 1.21% |
| 28 | ACIW | ACI Worldwide Inc | 1.15% |
| 29 | BCPC | Balchem Corp | 1.12% |
| 30 | AZZ | AZZ Inc | 1.11% |

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