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Invesco S&P 500 QVM Multi-factor ETF (QVML) Holdings

For informational purposes only. Not financial advice.

Quick Answer

Invesco S&P 500 QVM Multi-factor ETF (QVML) has a last stored price of $45.44, as of the Oct 26, 2026 trading session. It has a 0.11% expense ratio and $1.4B in assets under management.

Holdings and weights below are as of Mar 15, 2026. In the stored portfolio snapshot, the largest listed holding is NVIDIA Corp (NVDA) at 7.51%, and the largest sector allocation is Technology at 33.8%.

Data Sources: Yahoo Finance · Financial Modeling Prep

Invesco S&P 500 QVM Multi-factor ETF (QVML) ETF — Price, Holdings & Analysis

ETF Overview

QVML aims to capture the performance of S&P 500 stocks that exhibit quality, value, and momentum characteristics. The fund invests at least 90% of its assets in stocks within the S&P 500 Quality, Value & Momentum Top 90% Multi-factor Index. This index selects stocks based on a combination of factors, seeking companies with strong fundamentals, attractive valuations, and positive price momentum. The fund rebalances quarterly in March, June, September, and December. QVML's top holdings reflect its factor-based approach, with significant allocations to technology companies like NVIDIA Corp (7.51%), Apple Inc (7.08%), and Alphabet Inc Class C (5.53%). The fund's sector allocation is heavily weighted towards Technology (33.8%), followed by Financial Services (12.8%) and Communication Services (11.1%). This ETF is suitable for investors seeking diversified exposure to large-cap U.S. equities with a focus on quality, value, and momentum factors.

Risk Metrics

QVML, while diversified across approximately 450 holdings, exhibits concentration risk due to its significant allocation to its top holdings. NVIDIA Corp and Apple Inc together account for over 14% of the fund's assets. The fund's sector allocation also presents a risk, with over 33% of assets invested in the Technology sector, making it susceptible to fluctuations in that sector. With a beta of 0.96, QVML's volatility is slightly lower than the overall market. The fund's expense ratio of 0.11% introduces a minor expense drag on returns, but it is relatively low compared to other factor-based ETFs. These factors may be worth researching when evaluating QVML's risk profile. Past performance does not guarantee future results.
  • Beta: 0.96

Expense Ratio

0.11%

What does QVML hold?

HoldingWeight
NVIDIA Corp (NVDA)7.51%
Apple Inc (AAPL)7.08%
Alphabet Inc Class C (GOOG)5.53%
Microsoft Corp (MSFT)5.41%
Amazon.com Inc (AMZN)3.71%
Broadcom Inc (AVGO)2.65%
Meta Platforms Inc Class A (META)2.53%
Tesla Inc (TSLA)1.95%
Berkshire Hathaway Inc Class B (BRK-B)1.75%
Eli Lilly and Co (LLY)1.64%

This fund data is more than 45 days old; verify current holdings with the issuer.

How Is the Fund Allocated?

SectorWeight
Technology33.8%
Financial Services12.8%
Communication Services11.1%
Healthcare9.5%
Consumer Cyclical8.8%
Industrials8.1%
Consumer Defensive5.9%
Energy3.6%
Utilities2.8%
Basic Materials1.8%
Real Estate1.6%
CountryWeight
United States97.5%
Ireland1.4%
United Kingdom0.6%
Switzerland0.3%
Bermuda0.1%
Netherlands0.1%
Other0.0%
Canada0.0%

Dividend Yield

1.09%

Questions & Answers

What is QVML and what does it track?

QVML, or the Invesco S&P 500 QVM Multi-factor ETF, is designed to track the performance of the S&P 500 Quality, Value & Momentum Top 90% Multi-factor Index.

This index is a subset of the S&P 500, selecting companies that exhibit a combination of quality, value, and momentum characteristics.

What is the expense ratio for QVML?

The expense ratio for QVML is 0.11%. This means that for every $10,000 invested in the fund, investors will pay $11 in annual expenses.

Compared to the average expense ratio for equity ETFs, which is approximately 0.44%, QVML's expense ratio is significantly lower. This lower expense ratio can help improve long-term returns for investors by reducing the cost of owning the fund.

What are the top holdings in QVML?

As of 2026-03-15, QVML's top holdings include some of the largest and most influential companies in the S&P 500.

The top five holdings are NVIDIA Corp (7.51%), Apple Inc (7.08%), Alphabet Inc Class C (5.53%), Microsoft Corp (5.41%), and Amazon.com Inc (3.71%). These companies represent a significant portion of the fund's assets and reflect its focus on quality, value, and momentum factors within the large-cap U.S. equity market.

Is QVML a good long-term investment?

QVML's suitability as a long-term investment depends on an individual investor's goals and risk tolerance. The fund offers exposure to large-cap U.S. equities with a focus on quality, value, and momentum factors.

Its expense ratio of 0.11% is relatively low, which can benefit long-term returns.

How does QVML compare to similar ETFs?

QVML competes with other multi-factor ETFs that aim to provide enhanced returns by targeting specific factors. Compared to some of its competitors, QVML has a relatively low expense ratio of 0.11%.

As of 2026-03-15, QVML has $1.45 billion in assets under management, which is a moderate size compared to other established multi-factor ETFs.

Does QVML pay dividends?

Yes, QVML does pay dividends. The current dividend yield for QVML is 1.09%. This means that investors can expect to receive approximately 1.09% of their investment in annual dividend payments.

Dividend payments can provide a source of income for investors and can also contribute to the fund's total return over time.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Data provided for informational purposes only.

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