QVMS

Invesco S&P SmallCap 600 QVM Multi-factor ETF

$27.48
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS) seeks to track the investment results of an index that provides exposure to small-capitalization U.S. equities with a focus on quality, value, and momentum factors.

Overview

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

Category Small Cap
Issuer Invesco
Inception Date 2021-06-30
Market Cap $211.3M
Average Volume N/A
Dividend Yield 1.34%
52-Week Range $21.36 - $29.90
VWAP $27.44

Performance

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Investment Summary

📎 Investment Objective

The Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS) seeks to track the investment results of an index that provides exposure to small-capitalization 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 SmallCap 600 Quality, Value, and Momentum Multi-Factor Index, which is designed to provide exposure to small-cap U.S. stocks exhibiting positive quality, value, and momentum characteristics.

✨ Key Features

  • Focuses on small-cap U.S. equities with a multi-factor approach targeting quality, value, and momentum
  • Seeks to provide diversified exposure to the small-cap segment of the U.S. equity market
  • Employs a rules-based index methodology to select and weight constituent securities
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Concentration in the small-cap segment, which can be more volatile and less liquid than large-cap stocks
  • Potential for underperformance relative to the broader small-cap market if the selected factors do not perform as expected
  • Exposure to market risk and economic conditions affecting the U.S. equity market
  • Tracking error risk, as the fund may not perfectly replicate the performance of the underlying index

👤 Best For

This ETF may be suitable for investors seeking exposure to the small-cap segment of the U.S. equity market with a focus on quality, value, and momentum factors. It may be appropriate for investors with a medium to long-term investment horizon and a moderate to high risk tolerance.