QVMM

Invesco S&P MidCap 400 QVM Multi-factor ETF

$29.86
+0.00%
Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM) seeks to track the investment results of an index that provides exposure to mid-cap U.S. equities with a focus on quality, value, and momentum factors.

Overview

ETF tracking Invesco S&P MidCap 400 QVM Multi-factor ETF

Category Mid Cap
Issuer Invesco
Inception Date 2021-06-30
Market Cap $386.4M
Average Volume N/A
Dividend Yield 1.34%
52-Week Range $23.70 - $31.41
VWAP $29.79

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM) seeks to track the investment results of an index that provides exposure to mid-cap U.S. equities with a focus on quality, value, and momentum factors.

🎯 Investment Strategy

The ETF seeks to replicate the performance of the S&P MidCap 400 Quality, Value & Momentum Multi-Factor Index. The index selects and weights mid-cap stocks based on quality, value, and momentum characteristics in an effort to outperform the broader mid-cap market.

✨ Key Features

  • Exposure to a diversified portfolio of mid-cap U.S. stocks
  • Focuses on quality, value, and momentum factors to potentially enhance returns
  • Low expense ratio of 0.00%
  • Tracks the S&P MidCap 400 Quality, Value & Momentum Multi-Factor Index

⚠️ Primary Risks

  • Market risk: The value of the ETF's holdings may decline due to general market conditions
  • Sector concentration risk: The ETF may be more heavily weighted in certain sectors, which could negatively impact performance
  • Style risk: The ETF's focus on quality, value, and momentum factors may underperform the broader market at times
  • Liquidity risk: The ETF may have difficulty trading certain holdings due to low trading volume

👤 Best For

This ETF may be suitable for investors seeking exposure to mid-cap U.S. equities with a focus on quality, value, and momentum factors. It could be a component of a diversified portfolio, particularly for investors with a medium to long-term investment horizon and a moderate risk tolerance.