Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM) trades at $35.94 with AI Score 47/100 (Grade C). Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM) aims to replicate the performance of the S&P MidCap… Market cap: $438M, Sector: Financial services.
Price as of Aug 21, 2026 · Last analyzed: Mar 18, 2026Analyst Coverage for QVMM: QVMM does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates QVMM against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
QVMM: the 3 scored disciplines are evenly split. Dominant signal: Izzy Englander bullish.
How is this calculated? →Why this analysis is different
- A 9-signal quantitative MoonshotScore built from filings, insider activity, and market data — computed from the numbers, not from opinion.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM) Financial Services Profile
Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM) offers exposure to mid-cap U.S. equities, selecting stocks based on quality, value, and momentum factors. It provides investors with a rules-based approach to accessing a diversified portfolio within the mid-cap segment, rebalanced quarterly to maintain factor alignment.
What Is the Investment Thesis for QVMM?
QVMM presents a targeted approach to mid-cap investing, leveraging quality, value, and momentum factors. With a beta of 1.10 and a market cap of $438M, QVMM offers exposure to a specific segment of the market. The quarterly rebalancing schedule ensures the fund remains aligned with its investment strategy. A key consideration is the absence of a dividend yield, which may deter income-focused investors. However, the potential for capital appreciation through factor-based stock selection could be a compelling value driver. The fund's performance is directly tied to the efficacy of its underlying index and the continued relevance of quality, value, and momentum as investment factors.
Based on FMP financials and quantitative analysis
QVMM Key Highlights
Market Cap of $438M indicates a relatively small fund within the ETF landscape.
- Beta of 1.10 suggests a slightly higher volatility compared to the broader market.
- The fund invests at least 90% of its assets in stocks within the S&P MidCap 400 QVM Multi-factor Index.
- Quarterly rebalancing in March, June, September, and December ensures the fund's alignment with its target index.
- Absence of dividend yield may be a drawback for income-seeking investors.
Who Are QVMM's Competitors?
QVMM is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| EWD iShares MSCI Sweden ETF | $52.86 | -0.09% | $587M | 47 |
| GQRE FlexShares Global Quality Real Estate Index Fund | $64.69 | +0.55% | $404M | 50 |
| GVUS Goldman Sachs MarketBeta Russell 1000 Value Equity ETF | $65.78 | -0.89% | $425M | 47 |
| IPKW Invesco International BuyBack Achievers ETF | $60.87 | -0.53% | $515M | 47 |
| JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF | $127.55 | -0.62% | $460M | 47 |
| SOR Source Capital, Inc. | $46.29 | -0.92% | $381M | 71 |
| CAF Morgan Stanley China A Share Fund, Inc. | $19.33 | -1.23% | $325M | 87 |
| PLTS Platinum Analytics Cayman Ltd. | $17.50 | +0.00% | $316M | 68 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are QVMM's Key Strengths?
Focus on quality, value, and momentum factors.
- Exposure to the mid-cap market segment.
- Quarterly rebalancing to maintain factor alignment.
- Part of the well-established Invesco ETF family.
What Are QVMM's Weaknesses?
Absence of dividend yield.
- Reliance on the performance of the underlying index.
- Potential for factor performance to vary over time.
- Smaller market cap compared to some competitors.
What Could Drive QVMM Stock Higher?
Continued adoption of factor-based investing strategies by institutional and retail investors.
- Quarterly rebalancing in June 2026 may lead to portfolio adjustments and potential performance shifts.
- Market volatility could increase demand for factor-based strategies as investors seek downside protection.
What Are the Key Risks for QVMM?
Changes in market conditions could negatively impact the performance of quality, value, and momentum factors.
- Increased competition from other factor-based ETFs could erode market share.
- Economic downturns could disproportionately affect mid-cap companies, impacting fund performance.
- Regulatory changes in the ETF industry could increase compliance costs and reduce profitability.
What Are the Growth Opportunities for QVMM?
- Increased Adoption of Factor-Based Investing: The growing popularity of factor-based investing presents a significant growth opportunity for QVMM. As investors seek more sophisticated and targeted investment strategies, the demand for ETFs like QVMM, which focus on specific factors such as quality, value, and momentum, is likely to increase. The market for factor-based ETFs is estimated to reach $1 trillion by 2028, offering substantial potential for QVMM to attract new assets and expand its market share.
- Expansion of Distribution Channels: Invesco can expand QVMM's reach by broadening its distribution channels. This includes partnering with more brokerage firms, financial advisors, and online investment platforms to make the fund more accessible to a wider range of investors. By increasing its visibility and availability, QVMM can attract new investors and grow its asset base. The timeline for expanding distribution channels is estimated to be within the next 1-2 years.
- Development of Complementary Products: Invesco could develop complementary products that align with QVMM's investment strategy. This could include ETFs that focus on different market segments or factors, allowing investors to build a more diversified portfolio using Invesco's factor-based ETFs. By offering a suite of related products, Invesco can attract investors who are looking for a comprehensive factor-based investment solution. The development of complementary products is expected to take 2-3 years.
- Educational Initiatives: Invesco can invest in educational initiatives to raise awareness about factor-based investing and the benefits of QVMM. This could include webinars, seminars, and online content that explain the fund's investment strategy and how it can help investors achieve their financial goals. By educating investors about the advantages of factor-based investing, Invesco can attract new investors to QVMM and increase its assets under management. These initiatives can be rolled out over the next year.
- Strategic Partnerships: Forming strategic partnerships with other financial institutions or investment firms could provide QVMM with access to new markets and investors. This could include joint marketing campaigns, co-branded products, or distribution agreements. By leveraging the resources and expertise of its partners, QVMM can accelerate its growth and expand its reach. The timeline for establishing strategic partnerships is estimated to be within the next 1-2 years.
What Are QVMM's Competitive Advantages?
- Established brand recognition of Invesco in the ETF market.
- Proprietary index methodology for selecting stocks based on quality, value, and momentum.
- Economies of scale in managing ETF assets.
What Does QVMM Do?
The Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM) is designed to track the performance of the S&P MidCap 400 Quality, Value & Momentum Top 90% Multi-factor Index. Launched with the goal of providing investors with a strategic approach to mid-cap investing, QVMM focuses on companies within the S&P MidCap 400 Index that demonstrate strong quality, attractive value, and positive momentum characteristics. The fund invests at least 90% of its total assets in the common stocks that comprise the Index, ensuring a high degree of replication. The Index itself is constructed by selecting a subset of securities from the S&P MidCap 400 Index that exhibit these key factors, aiming to deliver potentially enhanced returns compared to a broad market mid-cap strategy. QVMM is rebalanced quarterly, in March, June, September, and December, to maintain its alignment with the target index and ensure that the portfolio continues to reflect the desired factor exposures. This regular rebalancing process helps the fund adapt to changing market conditions and maintain its intended investment profile. By focusing on quality, value, and momentum, QVMM seeks to capture the benefits of factor-based investing within the mid-cap equity space.
What Products and Services Does QVMM Offer?
- Tracks the performance of the S&P MidCap 400 Quality, Value & Momentum Top 90% Multi-factor Index.
- Invests primarily in mid-cap U.S. equities.
- Selects stocks based on quality, value, and momentum factors.
- Provides exposure to a diversified portfolio of mid-cap companies.
- Rebalances its portfolio quarterly to maintain factor alignment.
- Offers investors a rules-based approach to accessing the mid-cap market.
How Does QVMM Make Money?
- Generates revenue through management fees charged on assets under management (AUM).
- AUM growth is driven by fund performance and investor inflows.
- Expenses include operational costs, index licensing fees, and marketing expenses.
What Industry Does QVMM Operate In?
QVMM operates within the asset management industry, specifically focusing on ETFs that track factor-based indices. The ETF market has experienced significant growth, driven by increasing investor demand for low-cost, diversified investment vehicles. The competitive landscape includes a variety of ETFs offering exposure to different market segments and investment strategies. QVMM differentiates itself by focusing on quality, value, and momentum factors within the mid-cap space. The fund's success depends on its ability to effectively track its target index and deliver competitive returns compared to other mid-cap and factor-based ETFs.
Who Are QVMM's Key Customers?
- Retail investors seeking diversified mid-cap exposure.
- Financial advisors building portfolios for their clients.
- Institutional investors looking for factor-based investment strategies.
Key Financial Metrics
Return on equity for Invesco S&P MidCap 400 QVM Multi-factor ETF stands at 0.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.0%, showing how much profit it generates from its asset base. QVMM trades at a trailing price-to-earnings ratio of 0.00, below the Financial Services sector average of ~18x. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 0.0%, the inverse of the P/E and a quick read on earnings relative to price.
How Invesco S&P MidCap 400 QVM Multi-factor ETF Is Valued
Invesco S&P MidCap 400 QVM Multi-factor ETF carries a market capitalization of $438M, placing it in the small-cap category. Relative to its peer group, QVMM's quantitative score of 47/100 is roughly in line with the peer average of 48/100.
QVMM Financials
Bull Case vs Bear Case
Bull Case
- Focus on quality, value, and momentum factors.
- Exposure to the mid-cap market segment.
- Quarterly rebalancing to maintain factor alignment.
- Part of the well-established Invesco ETF family.
Bear Case
- Absence of dividend yield.
- Reliance on the performance of the underlying index.
- Potential for factor performance to vary over time.
- Smaller market cap compared to some competitors.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
QVMM Latest News
No recent news available for QVMM.
QVMM Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for QVMM.
Price Targets
Wall Street price target analysis for QVMM.
QVMM MoonshotScore
What does this score mean?
The MoonshotScore rates QVMM 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Invesco S&P MidCap 400 QVM Multi-factor ETF Financial Services Stock: Key Questions Answered
What does the AI Score mean for QVMM?
QVMM holds an AI Score of 47/100 (Grade: C). This is an educational research signal, not a buy or sell recommendation. Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM) aims to replicate the performance of the S&P MidCap 400 Quality, Value & Momentum Top 90% Multi-factor Index. The fund invests primarily …
What does Invesco S&P MidCap 400 QVM Multi-factor ETF do?
The Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM) is designed to track the performance of the S&P MidCap 400 Quality, Value & Momentum Top 90% Multi-factor Index. The fund invests primarily in mid-cap U.S. equities, selecting stocks based on a combination of quality, value, and momentum factors.
What are the main risks for QVMM?
The primary risks for QVMM include factor underperformance, market volatility, and concentration risk. The fund's performance is dependent on the continued effectiveness of quality, value, and momentum as investment factors. If these factors underperform the broader market, QVMM's returns will likely suffer. Market volatility can also negatively impact the fund's performance, particularly during periods of economic uncertainty.
How does Invesco S&P MidCap 400 QVM Multi-factor ETF generate revenue?
Invesco S&P MidCap 400 QVM Multi-factor ETF generates revenue primarily through a management fee, which is a percentage of the fund's average daily net assets. This fee compensates Invesco for managing the fund, including selecting and weighting the securities in the portfolio, providing administrative services, and covering other operational expenses.
How does QVMM's factor-based strategy compare to traditional mid-cap investing?
QVMM's factor-based strategy differs from traditional mid-cap investing by employing a selective approach based on quality, value, and momentum factors, rather than simply tracking a broad mid-cap index. Traditional mid-cap ETFs typically aim to replicate the performance of a benchmark index like the S&P MidCap 400, providing diversified exposure to the mid-cap market segment.
What are the key factors to evaluate for QVMM?
Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM) holds an AI score of 47/100 (low). QVMM presents a targeted approach to mid-cap investing, leveraging quality, value, and momentum factors. Not financial advice.
How frequently does QVMM data refresh on this page?
QVMM's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven QVMM's recent stock price performance?
Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Focus on quality, value, and momentum factors. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider QVMM overvalued or undervalued right now?
Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- AI analysis is pending for QVMM, limiting the depth of some insights.
- The fund's performance is subject to market risk and factor performance variability.