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IQSMvsQVMMETF Comparison

ETF 1
IQSM

NYLI Candriam U.S. Mid Cap Equity ETF

This fund is part of
US Mid Cap
+1.01%
VS
ETF 2
QVMM

Invesco S&P MidCap 400 QVM Multi-factor ETF

This fund is part of
US Multi-Factor
+1.03%

NYLI Candriam U.S. Mid Cap Equity ETF (IQSM) belongs to the US Mid Cap segment. Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM) is part of the US Multi-Factor segment. IQSM's top 3 sector exposures are Industrials, Information Technology and Health Care. In contrast, QVMM's top sector exposures are Industrials, Financials and Information Technology. IQSM is more expensive with a Total Expense Ratio (TER) of 0.16%, versus 0.15% for QVMM. IQSM is up 12.31% year-to-date (YTD) with +$129M in YTD flows. QVMM performs better with 15.94% YTD performance, and +$2M in YTD flows. Run a side-by-side ETF comparison of IQSM and QVMM below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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IQSM vs QVMM performance and flow charts

Performance

-2.00.02.04.06.0%May 18May 25Jun 1Jun 8Jun 15

Cumulative Flows

010,000,00020,000,00030,000,00040,000,000May 18May 25Jun 1Jun 8Jun 15

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 06/18/2026
1M3MYTD1Y3Y5Y
Perf.
IQSM
QVMM
+4.58%+5.44%
+12.20%+12.85%
+12.31%+15.94%
+24.57%+28.23%
+44.53%+56.85%
n/an/a
Flows
IQSM
QVMM
+$39M-
+$55M-$908K
+$129M+$2M
+$108M-$965K
+$268M+$36M
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
IQSM
QVMM
+17.39%+17.99%
+15.27%+15.58%
+17.40%+17.79%
n/an/a
Max drawdown
IQSM
QVMM
-3.58%-4.70%
-8.92%-8.41%
-23.67%-23.85%
n/an/a
Max drawdown duration
IQSM
QVMM
6d26d
49d42d
379d379d
n/an/a
Trading data

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IQSM
QVMM
Last sale
6/18/2026 at 1:30 PM
$38.72
$35.55
Previous close
06/18/2026
$38.44
$35.14
Consolidated volume
06/18/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of May 29, 2026
1-year trailing difference

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IQSM
QVMM
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 6/18/2026 at 1:30 PM
Live
Closed
IQSM
QVMM
Last price
$38.72
$35.55
1D performance
+0.73%
+1.18%
AuM$366.77 M$431.56 M
E/R0.16%0.15%
Characteristics
IQSM
QVMM
Management strategyPassivePassive
ProviderNew York Life InvestmentsInvesco
BenchmarkNYLI Candriam U.S. Mid Cap Equity IndexS&P MidCap 400 Quality, Value & Momentum Top 90% Multi-factor Index
N° of holdings221342
Asset classEquitiesEquities
Trailing 12m distribution yield
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Inception dateOctober 25, 2022June 30, 2021
ESGYesNo
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Exposure

Countries

IQSM
USA
87.47%
Other
12.53%
QVMM
USA
92.92%
Other
7.08%

Sectors

IQSM
Industrials
19.98%
Information Techn.
15.2%
Health Care
13.06%
Financials
12.78%
Consumer Discreti.
9.35%
Real Estate
8.88%
Other
20.75%
QVMM
Industrials
23.35%
Financials
13.78%
Information Techn.
13.2%
Consumer Discreti.
10.34%
Health Care
8.55%
Other
30.79%
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Diversification

IQSM

Total weight of top 15 holdings out of 15

14.37%
QVMM

Total weight of top 15 holdings out of 15

11.26%

Top 15 holdings

Data as of April 30, 2026
IQSM
TECHNIPFMC PLC
1.32%
REVOLUTION MEDICINES INC
1.12%
XPO LOGISTICS
1.11%
FABRINET
1.06%
UTD THERAPEUT
1.06%
MICHAEL STORES
1.05%
NVENT ELECTRIC PLC
0.97%
ALBEMARLE
0.95%
CH ROBINSON WW
0.91%
BURLINGTON STORES
0.85%
TWILIO
0.85%
US FOODS HOLDING CORP
0.83%
ITT
0.79%
MKS INSTRUMENTS
0.75%
MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC
0.75%
QVMM
FLEX LTD
1.00%
TECHNIPFMC PLC
0.94%
XPO LOGISTICS
0.84%
ENTEGRIS
0.81%
CURTISS WRIGHT
0.80%
FABRINET
0.77%
NVENT ELECTRIC PLC
0.73%
PURE STORAGE
0.72%
MICHAEL STORES
0.70%
UTD THERAPEUT
0.68%
WOODWARD
0.66%
ILLUMINA
0.65%
ATI INC
0.65%
ROYAL GOLD
0.65%
US FOODS HOLDING CORP
0.65%
Frequently asked questions about IQSM and QVMM

How have the IQSM and QVMM ETFs performed in 2026?

As of June 18, 2026, IQSM is up 12.31% year-to-date (YTD), while QVMM has returned 15.94%. That puts QVMM better performer ahead so far this year.

Which ETF is attracting more investor money: IQSM or QVMM?

Year-to-date, the IQSM ETF saw +$129M in flows, compared to +$2M for QVMM.

Which ETF is more volatile: IQSM or QVMM?

Over the past year, IQSM had a volatility of 15.27%, while QVMM experienced 15.58%.

Which ETF is bigger: IQSM or QVMM?

As of June 18, 2026, IQSM holds $366.77 M in assets under management (AUM), while QVMM manages $431.56 M.

What sectors do the IQSM and QVMM ETFs invest in?

IQSM leans toward sectors like Industrials, Information Technology and Health Care. Meanwhile, QVMM focuses on Industrials, Financials and Information Technology.

What are the top holdings of the IQSM ETF and QVMM ETF?

IQSM top holdings include TECHNIPFMC PLC, REVOLUTION MEDICINES INC and XPO LOGISTICS. QVMM holds in its top three: FLEX LTD, TECHNIPFMC PLC and XPO LOGISTICS.

Which ETF is more diversified: IQSM or QVMM?

IQSM holds 227 securities with 14.37% of its assets in the top 15. QVMM has 359 securities and a top 15 weight of 11.26%.

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