QVMS vs SMLV

Comparison between INVESCO S&P SMALLCAP 600 QVM MULTI-FACTOR ETF (QVMS, ETF) and STATE STREET(R) SPDR(R) US SMALL CAP LOW VOLATILITY INDEX ETF (SMLV, ETF).

5-Year PerformanceSMLV has outperformed QVMS, delivering a return of +8.7% compared to +7.8%

QVMS vs SMLV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	QVMS(ETF)	SMLV(ETF)
Net Assets	$241M	$241M
Expense Ratio	0.15%	0.12%
Max Drawdown	28.57%	42.87%
Sharpe Ratio	1.55	1.32
5Y Beta	1.03	0.75
P/E Ratio	33.90	28.80
Forward P/E	15.11	13.76
5Y Dividends CAGR	N/A	12.83%
5Y EPS CAGR	10.64%	6.19%
Debt to Equity	70.43%	58.92%
P/S Ratio	1.10	1.40
P/B Ratio	1.97	1.68

Net Assets

QVMS

$241M

SMLV

$241M

Expense Ratio

QVMS

0.15%

Winner

SMLV

0.12%

Max Drawdown

Winner

QVMS

28.57%

SMLV

42.87%

Sharpe Ratio

Winner

QVMS

1.55

SMLV

1.32

5Y Beta

QVMS

1.03

Winner

SMLV

0.75

P/E Ratio

QVMS

33.90

Winner

SMLV

28.80

Forward P/E

QVMS

15.11

Winner

SMLV

13.76

5Y Dividends CAGR

QVMS

N/A

SMLV

12.83%

5Y EPS CAGR

Winner

QVMS

10.64%

SMLV

6.19%

Debt to Equity

QVMS

70.43%

Winner

SMLV

58.92%

P/S Ratio

Winner

QVMS

1.10

SMLV

1.40

P/B Ratio

QVMS

1.97

Winner

SMLV

1.68

QVMS vs SMLV - Holdings Comparison

QVMS and SMLV have 142 common holdings. Overlap is 19.80%

QVMS's top 25 holdings weight is 13.70%. SMLV's top 25 holdings weight is 12.53%.

Rank	QVMS	SMLV
#1	SANMINA CORP (SANM) - 1.03%	E-MINI RUSS 2000 JUN26 XCME 20260618 (n/a) - 0.69%
#2	SEMTECH CORP (SMTC) - 0.92%	n/a (PECO) - 0.65%
#3	STONEX GROUP INC (SNEX) - 0.65%	HORACE MANN EDUCATORS CORP (HMN) - 0.61%
#4	ELEMENT SOLUTIONS INC (ESI) - 0.65%	LANDSTAR SYSTEM INC (LSTR) - 0.60%
#5	VIAVI SOLUTIONS INC (VIAV) - 0.65%	CITY HOLDING CO (CHCO) - 0.58%
#6	FORMFACTOR INC (FORM) - 0.64%	NORTHWESTERN ENERGY GROUP INC (NWE) - 0.58%
#7	EASTMAN CHEMICAL CO (EMN) - 0.59%	n/a (n/a) - 0.57%
#8	KRYSTAL BIOTECH INC (KRYS) - 0.55%	AMERICAN STATES WATER CO (AWR) - 0.56%
#9	VIASAT INC (VSAT) - 0.55%	ATLANTA BRAVES HOLDINGS INC CLASS C (BATRK) - 0.55%
#10	QORVO INC (QRVO) - 0.55%	SELECTIVE INSURANCE GROUP INC (SIGI) - 0.51%
#11	GLAUKOS CORP (GKOS) - 0.54%	MCGRATH RENTCORP (MGRC) - 0.51%
#12	VICTORIA'S SECRET & CO (VSXY) - 0.53%	FOUR CORNERS PROPERTY TRUST INC (FCPT) - 0.50%
#13	POWELL INDUSTRIES INC (POWL) - 0.52%	APPLE HOSPITALITY REIT INC (APLE) - 0.49%
#14	ALKERMES PLC (ALKS) - 0.51%	COMMUNITY TRUST BANCORP INC (CTBI) - 0.49%
#15	ESCO TECHNOLOGIES INC (ESE) - 0.51%	VISHAY PRECISION GROUP INC (VPG) - 0.48%
#16	ZURN ELKAY WATER SOLUTIONS CORP (ZWS) - 0.50%	MSC INDUSTRIAL DIRECT CO INC CLASS A (MSM) - 0.48%
#17	RYMAN HOSPITALITY PROPERTIES INC (RHP) - 0.50%	SAFETY INSURANCE GROUP INC (SAFT) - 0.47%
#18	GATES INDUSTRIAL CORP PLC (GTES) - 0.50%	NELNET INC CLASS A (NNI) - 0.47%
#19	CORCEPT THERAPEUTICS INC (CORT) - 0.49%	TFS FINANCIAL CORP (TFSL) - 0.47%
#20	VISHAY INTERTECHNOLOGY INC (VSH) - 0.49%	NEW JERSEY RESOURCES CORP (NJR) - 0.47%
#21	FIRST BANCORP (FBP) - 0.43%	n/a (RLJ) - 0.36%
#22	NOBLE CORP PLC CLASS A (NE) - 0.36%	n/a (GHC) - 0.36%
#23	MATERION CORP (MTRN) - 0.35%	MGIC INVESTMENT CORP (MTG) - 0.36%
#24	INSTALLED BUILDING PRODUCTS INC (IBP) - 0.35%	INTERNATIONAL BANCSHARES CORP (IBOC) - 0.36%
#25	MARA HOLDINGS INC (MARA) - 0.34%	NETSTREIT CORP ORDINARY SHARES (NTST) - 0.36%
Total Holdings	490	364

QVMS vs SMLV - Historical Returns

Returns include dividend reinvestment.

Period	QVMS	SMLV
1 month	+6.50%	+6.47%
3 months	+18.54%	+14.30%
6 months	+17.22%	+15.41%
1 year	+35.07%	+26.58%
5 years(CAGR)	+7.85%	+8.66%
10 years(CAGR)	N/A	+10.70%
Max(CAGR)	+7.85%	+10.92%

Winner

QVMS

+6.50%

SMLV

+6.47%

Winner

QVMS

+18.54%

SMLV

+14.30%

Winner

QVMS

+17.22%

SMLV

+15.41%

Winner

QVMS

+35.07%

SMLV

+26.58%

5Y(CAGR)

QVMS

+7.85%

Winner

SMLV

+8.66%

10Y(CAGR)

QVMS

N/A

SMLV

+10.70%

Max(CAGR)

QVMS

+7.85%

Winner

SMLV

+10.92%

QVMS vs SMLV - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	QVMS	SMLV
2026	+19.59%	+18.26%
2025	+5.80%	+6.66%
2024	+10.16%	+17.20%
2023	+17.16%	+7.45%
2022	-15.36%	-8.11%
2021	+4.46%	+29.84%
2020	N/A	-1.27%
2019	N/A	+23.87%
2018	N/A	-6.82%
2017	N/A	+4.97%
2016	N/A	+33.71%
2015	N/A	-0.90%
2014	N/A	+15.16%
2013	N/A	+23.62%

QVMS vs SMLV Drawdown Comparison

The maximum drawdown for QVMS was -28.05%, occurring on Apr 8, 2025. Recovery took 279 trading sessions.

The maximum drawdown for SMLV was -42.43%, occurring on Mar 23, 2020. Recovery took 245 trading sessions.

Rank	QVMS	SMLV
#1	-28.05% Nov 25, 2024 - Jan 8, 2026	-42.43% Jan 16, 2020 - Jan 6, 2021
#2	-24.77% Nov 5, 2021 - Jul 12, 2024	-20.42% Nov 25, 2024 - Jan 12, 2026
#3	-9.12% Jul 31, 2024 - Oct 16, 2024	-18.95% Jan 4, 2022 - Jul 11, 2024
#4	-8.78% Feb 6, 2026 - Apr 14, 2026	-18.82% Aug 31, 2018 - Sep 13, 2019
#5	-7.74% Jul 1, 2021 - Aug 27, 2021	-14.30% Dec 1, 2015 - Apr 27, 2016
#6	-5.52% Sep 2, 2021 - Oct 20, 2021	-9.84% Apr 2, 2015 - Nov 27, 2015
#7	-4.13% May 6, 2026 - May 26, 2026	-8.94% Jul 26, 2024 - Sep 19, 2024
#8	-4.10% Nov 11, 2024 - Nov 25, 2024	-8.39% Nov 29, 2017 - May 25, 2018
#9	-3.76% Oct 16, 2024 - Nov 6, 2024	-7.34% Feb 6, 2026 - Apr 9, 2026
#10	-2.96% Jul 16, 2024 - Jul 26, 2024	-7.13% Sep 3, 2014 - Oct 29, 2014
#11	-2.78% Oct 25, 2021 - Nov 1, 2021	-7.06% Nov 5, 2021 - Jan 4, 2022
#12	-2.69% Jan 22, 2026 - Feb 6, 2026	-6.76% Mar 12, 2021 - Jun 8, 2021
#13	-1.77% Jun 4, 2026 - Jun 11, 2026	-6.75% Jun 8, 2021 - Oct 20, 2021
#14	-1.64% Jan 15, 2026 - Jan 21, 2026	-6.43% Jun 8, 2016 - Jul 11, 2016
#15	-1.48% Apr 27, 2026 - Apr 30, 2026	-6.29% Jan 4, 2017 - Apr 26, 2017

Correlation

Correlation between QVMS and SMLV is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2013 - 2026)

QVMS vs SMLV dividend yield comparison.

Year	QVMS	SMLV
2026	0.32%	0.46%
2025	1.10%	2.74%
2024	1.53%	2.68%
2023	1.51%	2.68%
2022	1.58%	2.40%
2021	0.64%	2.12%
2020	0.00%	2.47%
2019	0.00%	2.62%
2018	0.00%	3.15%
2017	0.00%	7.92%
2016	0.00%	3.04%
2015	0.00%	2.63%
2014	0.00%	2.76%
2013	0.00%	3.68%