QVML ETF — Holdings & Analysis

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. The fund invests at least 90% of its total assets in the common stocks that comprise the Index. The goal is to provide investors with exposure to large-cap U.S. equities that have strong fundamentals, attractive valuations, and positive price trends, as determined by the index methodology.

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.

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.

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. However, the may be worth researching fund's concentration in certain sectors, such as Technology (33.8%), and its beta of 0.96, which indicates slightly lower volatility than the overall market. Past performance does not guarantee future results, and investors should conduct their own research before making any investment decisions.

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. QVML's strategy focuses on quality, value, and momentum within the S&P 500, while other ETFs may use different factor combinations or weighting schemes. Investors should compare the specific methodologies and holdings of different ETFs to determine which best aligns with their investment objectives.

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. However, dividend yields can fluctuate based on market conditions and the dividend policies of the underlying companies in the fund.