QVMS vs SAA
Invesco S&P SmallCap 600 QVM Multi-factor ETF against ProShares Ulta SmallCap600: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
69%
537 shared positions
Fee gap
80 bp
QVMS is cheaper
1-year return gap
9.7 pts
SAA is ahead
Larger fund
QVMS
$238M
Side by side
| QVMS | SAA | |
|---|---|---|
| Fund | Invesco S&P SmallCap 600 QVM Multi-factor ETF | ProShares Ulta SmallCap600 |
| Issuer | Invesco | ProShares |
| Category | Multi-Factor | Small Cap Blend |
| Expense ratio | 0.15% | 0.95% |
| Assets | $238M | $25M |
| Average daily dollar volume | $78K | $114K |
| Listed | Jun 30, 2021 | Jan 23, 2007 |
| FrenzyCap score | 61 | 10 |
| 1-month return | −1.3% | −3.2% |
| 3-month return | −5.0% | −10.3% |
| Year to date | +14.7% | +24.9% |
| 1-year return | +15.4% | +25.0% |
| 30-day volatility | 11.5% | 24.8% |
| Worst drawdown, 1 year | −10.1% | −20.0% |
| Trailing 12-month yield | 1.29% | 0.76% |
| Holdings | 543 | 608 |
| Top 10 weight | 5.6% | 124.9% |
| Look-through P/E | 25.2 | 32.6 |
| Holdings vs fair value | +16.1% | +15.9% |
| Holdings above 200-day average | 54% | 54% |
| Net flow, latest 3 reported months | −$1.4M thru May 2026 | −$538K thru May 2026 |
| 30-day implied volatility | — | 28.8% |
| Holdings as of | as of Oct 9, 2026third-party data | as of Oct 21, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
100% of QVMS · 69% of SAA| Holding | QVMS | SAA |
|---|---|---|
| GKOS | 0.63% | 0.47% |
| PAYC | 0.69% | 0.45% |
| SM | 0.53% | 0.41% |
| PTGX | 0.57% | 0.40% |
| RHP | 0.55% | 0.40% |
| VSAT | 0.59% | 0.39% |
| ESI | 0.54% | 0.38% |
| JXN | 0.57% | 0.36% |
| LTH | 0.41% | 0.35% |
| RAL | 0.49% | 0.34% |
| TGTX | 0.47% | 0.34% |
| ACA | 0.47% | 0.33% |
| KMX | 0.49% | 0.33% |
| LW | 0.48% | 0.33% |
| ALKS | 0.45% | 0.33% |
| EMN | 0.49% | 0.33% |
| TRNO | 0.45% | 0.32% |
| ZWS | 0.46% | 0.32% |
| AWI | 0.46% | 0.32% |
| FSS | 0.45% | 0.32% |
| MSGS | 0.46% | 0.32% |
| VSXY | 0.48% | 0.32% |
| MATX | 0.44% | 0.32% |
| LNC | 0.43% | 0.31% |
| EPAM | 0.39% | 0.31% |
Sector mix of the stock holdings
| Sector | QVMS | SAA | Gap |
|---|---|---|---|
| Industrials | 19.7% | 14.7% | +5.1% |
| Financials | 18.1% | 13.1% | +4.9% |
| Consumer Discretionary | 13.7% | 10.3% | +3.4% |
| Technology | 11.1% | 10.7% | +0.3% |
| Health Care | 10.1% | 8.1% | +2.0% |
| Real Estate | 7.7% | 5.6% | +2.2% |
| Materials | 7.5% | 5.4% | +2.1% |
| Energy | 3.6% | 3.1% | +0.5% |
| Consumer Staples | 3.1% | 2.5% | +0.6% |
| Utilities | 2.6% | 2.2% | +0.3% |
| Communication Services | 2.4% | 1.8% | +0.6% |
| Other | 0.3% | 0.1% | +0.1% |
More: full overlap table · QVMS holdings · SAA holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.