Passive

Invesco S&P MidCap 400 QVM Multi-factor ETF

The Invesco S&P MidCap 400® QVM Multi-factor ETF (the “Fund”) seeks to track the investment results (before fees and expenses) of the S&P MidCap 400® Quality, Value & Momentum Top 90% Multi-Factor Index (the “Underlying Index”).

$35.72

Key Metrics

TER 0.15% per year
Distribution policy Distributing
Fund size USD 404 M
Inception date June 30, 2021
Holdings 356
Fund currency USD
Fund domicile US
Provider Invesco
For full official fund details, factsheets, and holdings, visit invesco.com (opens in new tab).

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Historical Return

Last updated: Jul 01, 2026
1 Year +23.6% +1.1% Div
3 Years (avg.) +14.1% +1.1% Div
5 Years (avg.) +7.4% +1.1% Div

Risk & Analysis Metrics

Last updated: Jul 01, 2026

Volatility

13.90% 1 Year
17.79% 3 Years
19.38% 5 Years
19.38% 10 Years

Max Drawdown

-8.09% 1 Year
-24.55% 3 Years
-24.55% 5 Years
-24.55% 10 Years

Sharpe Ratio

1.13 1 Year
0.55 3 Years
0.23 5 Years
0.24 10 Years

Return Triangle (Heatmap)

Last updated: Jul 01, 2026
2021 2022 2023 2024 2025
2021 5.4% -5.0% 1.0% 3.7% 4.3%
2022 -14.4% -1.2% 3.1% 4.1%
2023 14.1% 13.2% 11.1%
2024 12.3% 9.6%
2025 6.9%

Distributions

*by ETF Portfolio Weight Last updated: Jul 01, 2026

Profit Margin Distribution

< 0%
7%
1y 3y N/A N/A
0 - 5%
19%
1y 3y N/A N/A
5 - 10%
25%
1y 3y N/A N/A
10 - 15%
18%
1y 3y N/A N/A
15 - 20%
8%
1y 3y N/A N/A
20 - 30%
13%
1y 3y N/A N/A
30 - 40%
4%
1y 3y N/A N/A
> 40%
7%
1y 3y N/A N/A

P/E Ratio Distribution

< 0
6%
1y 3y N/A N/A
0 - 10
6%
1y 3y N/A N/A
10 - 15
16%
1y 3y N/A N/A
15 - 20
14%
1y 3y N/A N/A
20 - 25
13%
1y 3y N/A N/A
25 - 35
18%
1y 3y N/A N/A
35 - 50
7%
1y 3y N/A N/A
> 50
22%
1y 3y N/A N/A

Discounted Cash Flow

Weighted Average Undervaluation
N/A
Undervalued
> 60%
0%
1y 3y N/A N/A
45 - 60%
0%
1y 3y N/A N/A
30 - 45%
0%
1y 3y N/A N/A
15 - 30%
0%
1y 3y N/A N/A
Fair (&plusmn;15%)
0%
1y 3y N/A N/A
Overvalued
15 - 30%
0%
1y 3y N/A N/A
30 - 45%
0%
1y 3y N/A N/A
45 - 60%
0%
1y 3y N/A N/A
> 60%
0%
1y 3y N/A N/A

Market Cap Size Distribution

Micro Cap
0.0%
1y 3y N/A N/A
Small Cap
0.4%
1y 3y N/A N/A
Mid Cap
41.9%
1y 3y N/A N/A
Large Cap
57.7%
1y 3y N/A N/A
Mega Cap
0.0%
1y 3y N/A N/A
Micro: < $300M Small: $300M–$2B Mid: $2B–$10B Large: $10B–$200B Mega: > $200B

Portfolio Concentration

*by ETF Portfolio Weight Last updated: Jul 01, 2026
5.3% Top 5 Holdings
9.2% Top 10 Holdings
31.6% Top 50 Holdings
51.9% Top 100 Holdings
Top 5 Companies
LITE Lumentum Holdings Inc
1.5%
IIVI Ii-Vi Inc.
1.1%
CASY Casey`s General Stores, Inc.
0.9%
CW Curtiss-Wright Corp.
0.9%
FTI TechnipFMC plc
0.9%

Latest News

about 2 months ago • 247wallst.com

Which Optics Stock Has Dominated in 2026: Applied Optoelectronics, Lumentum, or Coherent?

The optics complex has been one of 2026's most rewarding corners of the AI infrastructure trade, and the spread among the three leaders is surprisi...
about 2 months ago • seekingalpha.com

Lumentum: AI Photonics And Optics Are The Next Bottleneck

Lumentum (LITE) is facing a sudden, severe photonics shortage driven by surging AI data center demand, with supply-demand imbalances exceeding 30%....
about 2 months ago • zacks.com

Lumentum Stock Rises 6% After Q3 Earnings: Should You Hold or Fold?

Shares of LITE gain after Q3 results beat estimates, fueled by AI and cloud demand, but supply constraints and high valuation may cap near-term gains.

Average metrics of all companies in portfolio

Last updated: Jun 28, 2026
Market
Average
Market Cap The market value of the company. It's calculated by multiplying the share price by the number of outstanding shares. $14B -
Dividend Yield Yearly payout to shareholders per share. The percentage indicates the payout in relation to the share price. 1.08% 2.01%
Beta Indicates the relationship between the price performance of a share and the market. 1.04 -
P/E Ratio Ratio between share price and earnings per share. A low ratio could indicate that the stock is undervalued or investors aren't expecting high growth. A high ratio could indicate that the stock is overvalued or investors are expecting high growth. 37.83 28.61
Negative P/E Ratio a negative P/E ratio shows that the company is not profitable, and it shows how many years it would take the company to lose its entire market capitalisation if it did not change anything -90.67 -
Profitable Companies 95% -
PEG The ratio between the P/E ratio and the growth rate of the company's earnings per share in the last twelve months. A lower PEG could mean that a stock is undervalued. 26.91 18.04
Price to Sales Ratio Market cap divided by the revenue in the most recent year. 4.7 8.09
Price to Book Ratio Price to Book Ratio is the Market cap divided by the Book value of the company 5.18 10.18
Market
Average
Enterprise Value to EBIT Enterprise Value divided by EBIT 25.08 20.33
Enterprise Value to Revenue Enterprise value divided by revenue 5.24 7.98
Total Debt to Enterprise Value Total debt divided by enterprise value 0.21 0.04
Debt to Equity A higher ratio indicates a higher risk. However, the ratio is difficult to compare between industries where common amounts of debt vary. 1.18 0.27
Profit Margin Net income divided by revenue of the last 4 quarters. It indicates the company's profitability. 13.31% 20.81%
Quarterly Earnings Growth (YoY) The rate at which the company's net income has increased to the same quarter one year ago. +4.8% -118.0%
Return on Equity Equity divided by market cap. 15.41% 2.67%
Return on Assets Indicates a company's profitability in relation to its total assets. 6.02% 4.17%
Return on Invested Capital Return on invested capital (ROIC) is net income after dividends divided by the sum of debt and equity. It shows how effective a company is at turning capital invested by shareholders and other debtholders into profits. 10.16% 3.72%

Sectors

Manufacturing 37.0%
Finance and Insurance 20.4%
Retail Trade 6.2%
Professional, Scientific, and Technical Services 5.1%
Information 4.7%
Mining, Quarrying, and Oil and Gas Extraction 4.2%
Utilities 3.2%
Construction 3.0%
Transportation and Warehousing 2.8%
Wholesale Trade 2.0%
Health Care and Social Assistance 1.9%
Administrative and Support and Waste Management and Remediation Services 1.5%
Real Estate and Rental and Leasing 1.4%
Accommodation and Food Services 1.2%
Other Services (except Public Administration) 0.4%
Educational Services 0.4%
Arts, Entertainment, and Recreation 0.2%
Other 4.5%

Countries

United States 96.0%
United Kingdom 1.5%
Bermuda 0.9%
Cayman Islands 0.7%
Ireland 0.4%
Sweden 0.3%
Other 0.2%

Stock Screener

Select filters to narrow down the 345 investments below

345 companies

Limit holdings to companies in a single sector.

$0B >$1T

Ratio between share price and earnings per share. A low ratio could indicate undervaluation.

<0 >50

Ratio of dividends in the last 12 months to current share price.

0% 3%

Revenue increase compared to the same quarter one year ago.

0% 30%

Net income increase compared to the same quarter one year ago.

0% 30%

Profitability of the last quarter.

<-30% >30%

A higher ratio indicates a higher risk. The ratio is difficult to compare between industries.

<0 >3

Discounted cash flow valuation vs. current price. Positive = undervalued, negative = overvalued.

<-50% >+100%
Market Cap
P/E Ratio
Dividends Ratio of dividends in the last 12 months to current share price
Total Investment
Weight

Lumentum Holdings Inc

LITE - Manufacturing

Lumentum Holdings Inc

LITE - Manufacturing
Market Cap $63.56B
P/E Ratio 131.6
Dividends 0.0%
Total Investment $5.72M
Weight 1.41%

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Coherent Corp - 6% PRF CONVERT 01/07/2023 USD 200 - Ser A

IIVI - Manufacturing

Coherent Corp - 6% PRF CONVERT 01/07/2023 USD 200 - Ser A

IIVI - Manufacturing
Market Cap $30.51B
P/E Ratio 166.2
Dividends 0.0%
Total Investment $4.41M
Weight 1.09%

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Casey`s General Stores, Inc.

CASY - Retail Trade

Casey`s General Stores, Inc.

CASY - Retail Trade
Market Cap $28.81B
P/E Ratio 40.4
Dividends 0.3%
Total Investment $3.59M
Weight 0.89%

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Curtiss-Wright Corp.

CW - Manufacturing

Curtiss-Wright Corp.

CW - Manufacturing
Market Cap $27.61B
P/E Ratio 54.4
Dividends 0.1%
Total Investment $3.53M
Weight 0.87%

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TechnipFMC plc

FTI - Professional, Scientific, and Technical Services

TechnipFMC plc

FTI - Professional, Scientific, and Technical Services
Market Cap $25.69B
P/E Ratio 24.2
Dividends 0.3%
Total Investment $3.51M
Weight 0.87%

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Pure Storage Inc - Ordinary Shares - Class A

PSTG - Manufacturing

Pure Storage Inc - Ordinary Shares - Class A

PSTG - Manufacturing
Market Cap $28.49B
P/E Ratio 101.7
Dividends 0.0%
Total Investment $3.17M
Weight 0.78%

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Woodward Inc

WWD - Manufacturing

Woodward Inc

WWD - Manufacturing
Market Cap $25.72B
P/E Ratio 50.2
Dividends 0.3%
Total Investment $3.16M
Weight 0.78%

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Royal Gold, Inc.

RGLD - Mining, Quarrying, and Oil and Gas Extraction

Royal Gold, Inc.

RGLD - Mining, Quarrying, and Oil and Gas Extraction
Market Cap $14.44B
P/E Ratio 24.8
Dividends 0.9%
Total Investment $3.1M
Weight 0.77%

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XPO Inc

XPO - Transportation and Warehousing

XPO Inc

XPO - Transportation and Warehousing
Market Cap $23.65B
P/E Ratio 68.3
Dividends 0.0%
Total Investment $3.08M
Weight 0.76%

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Tenet Healthcare Corp.

THC - Health Care and Social Assistance

Tenet Healthcare Corp.

THC - Health Care and Social Assistance
Market Cap $16.28B
P/E Ratio 9.7
Dividends 0.0%
Total Investment $3.06M
Weight 0.76%

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United Therapeutics Corp

UTHR - Manufacturing

United Therapeutics Corp

UTHR - Manufacturing
Market Cap $23.03B
P/E Ratio 18.5
Dividends 0.0%
Total Investment $3.01M
Weight 0.74%

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US Foods Holding Corp

USFD - Retail Trade

US Foods Holding Corp

USFD - Retail Trade
Market Cap $21.65B
P/E Ratio 32.7
Dividends 0.0%
Total Investment $2.98M
Weight 0.74%

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ATI Inc

ATI - Manufacturing

ATI Inc

ATI - Manufacturing
Market Cap $26.94B
P/E Ratio 63.7
Dividends 0.0%
Total Investment $2.86M
Weight 0.71%

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Carpenter Technology Corp.

CRS - Manufacturing

Carpenter Technology Corp.

CRS - Manufacturing
Market Cap $29.4B
P/E Ratio 61.8
Dividends 0.1%
Total Investment $2.73M
Weight 0.68%

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Illumina Inc

ILMN - Manufacturing

Illumina Inc

ILMN - Manufacturing
Market Cap $26.71B
P/E Ratio 31.9
Dividends 0.0%
Total Investment $2.65M
Weight 0.66%

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Flex Ltd

FLEX - Manufacturing

Flex Ltd

FLEX - Manufacturing
Market Cap $53.75B
P/E Ratio 63.0
Dividends 0.0%
Total Investment $2.55M
Weight 0.63%

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BWX Technologies Inc

BWXT - Professional, Scientific, and Technical Services

BWX Technologies Inc

BWXT - Professional, Scientific, and Technical Services
Market Cap $18.13B
P/E Ratio 52.5
Dividends 0.5%
Total Investment $2.47M
Weight 0.61%

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Talen Energy Corp - Ordinary Shares New

TLN

Talen Energy Corp - Ordinary Shares New

TLN
Market Cap $18.34B
P/E Ratio -878.5
Dividends 0.0%
Total Investment $2.45M
Weight 0.61%

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Tempur Sealy International Inc

TPX - Manufacturing

Tempur Sealy International Inc

TPX - Manufacturing
Market Cap $13.68B
P/E Ratio 31.3
Dividends 0.8%
Total Investment $2.45M
Weight 0.61%

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RBC Bearings Inc.

RBC - Manufacturing

RBC Bearings Inc.

RBC - Manufacturing
Market Cap $19.94B
P/E Ratio 69.0
Dividends 0.0%
Total Investment $2.37M
Weight 0.59%

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