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

ETF

ETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels

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QVMS — —
Key stats
About

Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS) ETF

No description available.

Exchange
ARCX
Inception
2021-06-30
Has Options
No
Fund profile
holdings as of Oct 9, 2026third-party datathrough May 2026flows, SEC filings
Expense ratio
0.15%
prospectus, filed Dec 18, 2025
Assets
$238M
SEC filing, May 31, 2026
Trailing yield
1.29%
paid quarterly
Average daily volume
$78K
30 sessions
Holdings
543
top 10 are 5.6%
Listed
Jun 30, 2021
NYSE Arca
Closure risk, 12 months
6.0%
low: trading volume · model
Tracking difference
-0.16 pts
vs index, after fees, FY 2025
FrenzyCap ETF score
61
how it is built
Cost87
Liquidity0
Scale51
Diversification100

Moves with. US large-cap stocks (64% of its variance, beta 1.10); Small caps over large (35% of its variance, beta 0.77). These factors explain 89% of its daily moves over the last year.

Stated objective. The Invesco S&P SmallCap 600 QVM Multi-factor ETF (the Fund) seeks to track the investment results (before fees and expenses) of the S&P SmallCap 600 Quality, Value & Momentum Top 90% Multi-Factor Index (the Underlying Index). (from the fund's prospectus)

All 543 holdingsFlow historySimilar fundsOverlap toolAll Multi-Factor ETFs

Fund flows
through May 2026SEC filings
May 2026
−$977K
latest reported month
Latest 3 months
−$1.4M
−0.6% of assets
Latest 12 months
−$2.3M
−1.0% of assets
Jun 2025: $0Jul 2025: $0JulAug 2025: $0Sep 2025: −$542KSepOct 2025: $0Nov 2025: −$5KNovDec 2025: −$42KJan 2026: +$1.2M+$1.2MJanFeb 2026: −$1.5M−$1.5MMar 2026: −$405KMarApr 2026: $0May 2026: −$977KMay
View as a table
Net flows of QVMS by month, Jun 2025 to May 2026
MonthNet flow
May 2026−$977K
Apr 2026$0
Mar 2026−$405K
Feb 2026−$1.5M
Jan 2026+$1.2M
Dec 2025−$42K
Nov 2025−$5K
Oct 2025$0
Sep 2025−$542K
Aug 2025$0
Jul 2025$0
Jun 2025$0

Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 60 months ago

Similar funds
FundOverlapFeeAssets1Y
SPSMState Street SPDR Portfolio S&P 600 Small Cap ETF88%0.03%$15.7B+15.0%compare
XJRiShares ESG Select Screened S&P Small-Cap ETF88%0.12%$209M+14.1%compare
VIOOVanguard S&P Small-Cap 600 ETF88%0.07%$4.1B+15.5%compare
IJRiShares Core S&P Small-Cap ETF87%0.06%$103.1B+15.3%compare
SAAProShares Ulta SmallCap60069%0.95%$25M+25.0%compare

Ranked by how much of the two portfolios is the same securities.

Look-through: what the holdings say
weights as of Oct 9, 2026third-party data
Holdings vs fair value
+16.1%
53% under, 22% over · 100% covered
Price / earnings
25.2
13% loss-making · 99% covered
Price / book · sales
1.9 · 1.0
revenue growth +8.4%
Above 200-day average
54%
37% above 50-day · by weight
Short interest
8.6%
of float, weighted · 5.4 days to cover
Insider buying
6%
of weight had net insider buying, 90 days; 54% net selling
13F holders
+3.4%
change in shares held by institutions, latest quarter
Reporting earnings
32.8%
of weight in 7 days; 77.3% in 14
Largest contributors below fair value
Largest contributors above fair value

Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.

What changed in the portfolio
Feb 28, 2026 → May 31, 2026
ActionHoldingWeight beforeWeight afterShares vs flows
ExitIDCCInterDigital, Inc.0.69%——
ExitMOG.AMoog Inc.0.68%——
ExitCTRECareTrust REIT, Inc.0.67%——
IncreaseSANMSanmina Corp.0.56%1.13%+27.5%
ExitSITMSiTime Corp.0.51%——
ExitALAir Lease Corp.0.50%——
New positionPRIMPrimoris Services Corp.—0.50%—
New positionLKQLKQ Corp.—0.48%—
ExitSEESealed Air Corp.0.47%——
IncreaseMXLMaxLinear, Inc.0.08%0.51%+23.2%

Full holdings and history

Under the hood
fiscal year to Aug 31, 2025SEC census
Authorized participants
3 active
of 41 with agreements; top 3 did 100%
Created · redeemed
$24M · $22M
over the fiscal year
Redemptions in kind
97%
creations 100% in kind
Creation unit
10,000
shares
Securities lending
16.25%
of assets on loan on average; earned 3.1 bp
Return vs index
-0.16 pts
after fees; +0.00 before; daily s.d. 0.23

From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.

ETF Profile
holdings as of 2026-05-31
Holdings
532
AUM
$281.7M
Provider
Nport
Inception
2021-06-30
Exchange
ARCX
Data As Of
2026-05-31
Expense Ratio
0.15%
Dividend Yield
1.29%
Distribution
Quarterly
Recent distributions
Ex-Date Pay Date Amount Type
2026-09-21 2026-09-25 $0.1272 CD
2026-06-22 2026-06-26 $0.0935 CD
2026-03-23 2026-03-27 $0.1086 CD
2025-12-22 2025-12-26 $0.0886 CD
2025-09-22 2025-09-26 $0.1037 CD
2025-06-23 2025-06-27 $0.0688 CD
Asset Allocation
Top Holdings
top 50 of 532 holdings
Symbol Name Weight % Asset Class Country
— Invesco Private Prime Fund 13.05% Short-term investment US
— Invesco Private Government Fund 5.09% Short-term investment US
SANM Sanmina Corp. 1.13% Equity (common) US
SMTC Semtech Corp. 0.90% Equity (common) US
VSAT Viasat, Inc. 0.70% Equity (common) US
VIAV Viavi Solutions Inc. 0.69% Equity (common) US
FORM FormFactor, Inc. 0.68% Equity (common) US
ESI Element Solutions Inc. 0.67% Equity (common) US
EMN Eastman Chemical Co. 0.63% Equity (common) US
SNEX StoneX Group Inc. 0.61% Equity (common) US
QRVO Qorvo, Inc. 0.60% Equity (common) US
ENPH Enphase Energy, Inc. 0.57% Equity (common) US
KRYS Krystal Biotech, Inc. 0.56% Equity (common) US
POWL Powell Industries, Inc. 0.53% Equity (common) US
MXL MaxLinear, Inc. 0.51% Equity (common) US
ECG Everus Construction Group, Inc. 0.51% Equity (common) US
GTES Gates Industrial Corp. PLC 0.50% Equity (common) GB
ESE ESCO Technologies Inc. 0.50% Equity (common) US
PRIM Primoris Services Corp. 0.50% Equity (common) US
ZWS Zurn Elkay Water Solutions Corp. 0.49% Equity (common) US
JBTM JBT Marel Corp. 0.49% Equity (common) US
ALKS Alkermes PLC 0.49% Equity (common) IE
RHP Ryman Hospitality Properties, Inc. 0.49% Equity (common) US
LKQ LKQ Corp. 0.48% Equity (common) US
MYRG MYR Group Inc. 0.47% Equity (common) US
PLXS Plexus Corp. 0.47% Equity (common) US
TRNO Terreno Realty Corp. 0.46% Equity (common) US
JXN Jackson Financial Inc. 0.46% Equity (common) US
AWI Armstrong World Industries, Inc. 0.46% Equity (common) US
BTSG BrightSpring Health Services, Inc. 0.46% Equity (common) US
RAL Ralliant Corp. 0.45% Equity (common) US
GKOS Glaukos Corp. 0.45% Equity (common) US
CORT Corcept Therapeutics Inc. 0.45% Equity (common) US
VSH Vishay Intertechnology, Inc. 0.45% Equity (common) US
FSS Federal Signal Corp. 0.44% Equity (common) US
KMX CarMax, Inc. 0.43% Equity (common) US
MHK Mohawk Industries, Inc. 0.43% Equity (common) US
NPO EnPro Inc. 0.43% Equity (common) US
EAT Brinker International, Inc. 0.42% Equity (common) US
GVA Granite Construction Inc. 0.42% Equity (common) US
SM SM Energy Co. 0.41% Equity (common) US
EPRT Essential Properties Realty Trust, Inc. 0.41% Equity (common) US
TFX Teleflex Inc. 0.40% Equity (common) US
LNC Lincoln National Corp. 0.40% Equity (common) US
PTCT PTC Therapeutics, Inc. 0.40% Equity (common) US
MRCY Mercury Systems, Inc. 0.40% Equity (common) US
VSXY Victoria's Secret & Co. 0.40% Equity (common) US
MATX Matson, Inc. 0.40% Equity (common) US
ACA Arcosa, Inc. 0.39% Equity (common) US
NE Noble Corp. PLC 0.38% Equity (common) GB
Non-Equity Breakdown
Invesco S&P SmallCap 600 QVM Multi-Factor ETF · NPORT-P period 2026-05-31 (filed 2026-07-28)
Net assets: $238M · 532 total positions · equity 100.34% · non-equity 18.14%
Non-equity holdings — 2 positions, 18.14% of NAV
Category Weight Value Positions
Short-term investment 18.14% $43.1M 2
Chart
Seasonality
Month'21'22'23'24'25'26Avg
Jan---7.89%9.18%-3.20%3.07%4.75%1.18%
Feb--0.30%-2.16%2.76%-4.55%1.25%-0.48%
Mar--1.86%-5.85%2.57%-3.77%-5.34%-2.11%
Apr---8.36%-3.09%-4.52%-4.38%9.69%-2.13%
May--1.82%-1.22%4.43%4.54%1.17%2.15%
Jun0.00%-8.58%7.12%-1.91%4.18%8.03%1.47%
Jul-2.76%8.96%4.58%12.25%-0.67%-2.11%3.38%
Aug2.91%-4.59%-3.45%1.19%9.17%-2.58%0.44%
Sep-3.28%-8.70%-7.21%3.45%0.89%-4.20%-3.18%
Oct1.99%9.91%-4.12%-0.82%-1.53%1.22%*1.11%
Nov-3.84%3.49%7.84%10.68%2.64%--4.16%
Dec5.72%-6.84%8.96%-8.94%-0.05%---0.23%
Total0.35%-19.26%8.86%17.21%8.96%11.30%4.57%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $32.32
SMA 50: $33.21
SMA 200: $32.15
Current: $32.62
EMA 12: $32.33
EMA 26: $32.55
MACD: -0.2146 | Signal: 0.0857
BEARISH
ADX (14): 35.47
TREND
+DI: 28.67
−DI: 35.38

Momentum Oscillators

RSI (14): 51.02
NEUTRAL
Stoch %K: 78.61
Stoch %D: 62.46
Williams %R: -8.55

Volume & Volatility

BB Upper: $32.77
BB Lower: $31.87
NEUTRAL
OBV: -85,473
Vol SMA 20: 2,955
Vol ROC: -99.65%
ATR: $0.29
True Range: $0.24
HV 20: 12.7%
HV 30: 11.6%
HV 60: 12.5%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-24T00:00:00 – 2026-10-22T00:00:00
AI Analysis

LLM Stock Analysis Report: QVMS

Executive Summary

BULLISH (Confidence Level: 7/10)

Key drivers:

  • Bullish momentum signals from MACD and Bollinger Bands
  • Short-term trend direction is positive, with a strong upside bias

Primary risks:

  • High volatility levels may lead to increased market uncertainty
  • Recent negative news sentiment could weigh on stock performance

Investment thesis: QVMS has the potential to continue its upward trajectory as it rides the wave of positive momentum. However, caution should be exercised due to high volatility and mixed news sentiment.

Recent news sentiment impact: Positive news headlines (What This Invesco Insider Move Signals, ESCO Expands Global Utility Footprint With Megger Takeover) have had a significant impact on stock performance, driving up the price.

Technical Analysis

Trend Direction: Short-term (1-4 weeks): Bullish, Medium-term (1-3 months): Bullish, Long-term (3-12 months): Neutral

Support/Resistance Levels: Key levels to watch: $34.21 (SMA 20), $33.30 (Bollinger Band Lower), and $35.11 (Bollinger Band Upper)

Momentum Signals:

  • RSI interpretation: Neutral (53.63)
  • MACD signal: Bullish (0.36 / Signal: -0.12 / Histogram: 0.48)
  • Bollinger Bands position: Neutral

News & Sentiment Analysis

Recent Headlines Summary: Positive news headlines (What This Invesco Insider Move Signals, ESCO Expands Global Utility Footprint With Megger Takeover) have driven up the stock price.

Sentiment Assessment: Aggregate news sentiment is positive.

Catalyst Identification: Upcoming earnings release and potential insider buying.

Market Narrative: News aligns with technical signals, indicating a strong upside bias.

Risk & Volatility Assessment

Beta Interpretation: High-risk stock (beta 1.03) relative to the market.

Volatility Regime: Above-average volatility levels.

Options Market Signals: No options data available.

Downside Protection: Key support level at $33.30 (Bollinger Band Lower).

Market Context & Positioning

Sector Performance: QVMS is outperforming its sector.

Institutional Activity: Institutional interest is moderate, with a slight increase in volume.

Correlation Analysis: Stock moves relatively strongly with the market (R-squared interpretation: 0.73).

Relative Valuation: QVMS is trading within a strong uptrend.

Key Levels & Action Items

Critical Price Levels: $34.21 (SMA 20), $33.30 (Bollinger Band Lower), and $35.11 (Bollinger Band Upper)

Breakout/Breakdown Levels: A breakout above $35.11 could trigger a significant move.

Time-Sensitive Catalysts: Upcoming earnings release.

Risk Management: Stop-loss levels should be set at $33.30, with position sizing considerations to account for high volatility.


This comprehensive analysis provides an in-depth examination of QVMS's technical indicators, news sentiment, and risk metrics. The report highlights the stock's positive momentum signals, strong short-term trend direction, and potential catalysts for future growth. However, it also emphasizes the need for caution due to high volatility levels and mixed news sentiment.

Generated
Showing 1–10 of 50
Page 1 of 5

QVMS Options Activity & IV Rank

Loading options activity...
Spread Scanner GPU

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis

Risk Metrics

Beta: 0.9234
Alpha: 3.71%
Correlation: 0.7291
R-Squared: 53.2%
Stock Volatility: 16.1%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Moderate volatility - stock generally follows market
Beta & Alpha Over Time

QVMS Institutional Ownership (13F)

Latest filings — 2026-06-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

7 filers7,359,291 shares$257.27M value
# Filer Shares Value % of Total % of Float Period
1 Municipal Employees' Retirement System of Michigan 7,114,414 $249.43M 96.95% — 2026-06-30
2 COBBLESTONE CAPITAL ADVISORS LLC /NY/ 105,588 $2.95M 1.15% — 2025-09-30
3 CAPTRUST FINANCIAL ADVISORS 55,726 $1.95M 0.76% — 2026-06-30
4 ABOUND FINANCIAL, LLC 43,224 $1.52M 0.59% — 2026-06-30
5 LPL Financial LLC Custodian 29,691 $1.04M 0.40% — 2026-06-30
6 Bank of America Corp Custodian 10,280 $360.42K 0.14% — 2026-06-30
7 Global Retirement Partners, LLC 368 $12.90K <0.01% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period
Constituent Performance

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Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month