Symbols

QVML

Invesco S&P 500 QVM Multi-Factor ETF·NYSE

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Key Stats

Assets Under Management

1.48BUSD

Fund Flows (1Y)

88.20MUSD

Dividend Yield

1.08%

Discount/Premium to NAV

0.02%

Shares Outstanding

37.05M

Expense Ratio

0.11%

About Invesco S&P 500 QVM Multi-Factor ETF

Issuer

Invesco Capital Management LLC

Brand

Invesco

Home Page

https://www.invesco.com/us/financial-products/etfs/product-detail?productId=ETF-QVML

Inception Date

Jun 30, 2021

Structure

Open-Ended Fund

Index Tracked

S&P 500 Quality, Value & Momentum Top 90% Multi-factor Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Invesco Capital Management LLC

Distributor

Invesco Distributors, Inc.

QVML uses a multi-factor approach to screen out stocks with the weakest quality, value, and momentum characteristics from the S&P 500—a broad US index comprising the largest 500 stocks. Each security in the parent index is assigned a multi-factor score by taking the average of quality (based on ROE, accruals and financial leverage), value (based on P/B, P/E and P/S), and momentum scores. Securities are ranked accordingly, and the bottom 10% or about 50 stocks are taken out of the index. Holdings are weighted by market-cap and rebalanced on a quarterly basis.