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IVOVvsQVMMETF Comparison

ETF 1
IVOV

Vanguard S&P Mid-Cap 400 Value ETF

This fund is part of
US Mid Cap Value
-0.22%
Full IVOV fund page
VS
ETF 2
QVMM

Invesco S&P MidCap 400 QVM Multi-factor ETF

This fund is part of
US Multi-Factor
-0.15%
Full QVMM fund page

Vanguard S&P Mid-Cap 400 Value ETF (IVOV) belongs to the US Mid Cap Value segment. Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM) is part of the US Multi-Factor segment. IVOV's top 3 sector exposures are Financials, Industrials and Consumer Discretionary. In contrast, QVMM's top sector exposures are Industrials, Financials and Information Technology. IVOV is less expensive with a Total Expense Ratio (TER) of 0.1%, versus 0.15% for QVMM. IVOV is up 1.05% year-to-date (YTD) with +$52M in YTD flows. QVMM performs better with 4.33% YTD performance, and +$3M in YTD flows. Run a side-by-side ETF comparison of IVOV 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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IVOV vs QVMM performance and flow charts

Performance

-8.0-6.0-4.0-2.00.0%Feb 11Feb 19Feb 26Mar 5

Cumulative Flows

0 M10 M20 M30 M40 M50 MFeb 11Feb 19Feb 26Mar 5

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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 03/11/2026
1M3MYTD1Y3Y5Y
Perf.
IVOV
QVMM
-7.04%-4.02%
-1.46%+1.69%
+1.05%+4.33%
+13.67%+20.69%
+41.81%+50.20%
+42.45%n/a
Flows
IVOV
QVMM
+$44M+$3M
+$47M+$3M
+$52M+$3M
+$193M+$168K
+$135M+$31M
+$295M-
Volatility and drawdown
3M1Y3Y5Y
Volatility
IVOV
QVMM
+14.99%+14.45%
+20.58%+20.57%
+18.20%+17.87%
+19.55%n/a
Max drawdown
IVOV
QVMM
-7.54%-5.07%
-15.18%-14.90%
-22.49%-23.85%
-22.49%n/a
Max drawdown duration
IVOV
QVMM
31d9d
52d46d
379d379d
379dn/a
Trading data

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IVOV
QVMM
Last sale
3/12/2026 at 1:30 PM
$100.46
$31.48
Previous close
03/11/2026
$102.00
$32.08
Consolidated volume
03/11/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 2026
1-year trailing difference

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IVOV
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 3/12/2026 at 1:30 PM
Live
Closed
IVOV
QVMM
Last price
$100.46
$31.48
1D performance
-1.51%
-1.89%
AuM$1.18 B$390.92 M
E/R0.1%0.15%
Characteristics
IVOV
QVMM
Management strategyPassivePassive
ProviderVanguardInvesco
BenchmarkS&P MidCap 400 Value IndexS&P MidCap 400 Quality, Value & Momentum Top 90% Multi-factor Index
N° of holdings292345
Asset classEquitiesEquities
Trailing 12m distribution yield
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Inception dateSeptember 7, 2010June 30, 2021
ESGNoNo
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Exposure

Countries

IVOV
USA
96.37%
Other
3.63%
QVMM
USA
94%
Other
6%

Sectors

IVOV
Financials
20.68%
Industrials
18.16%
Consumer Discreti.
12.65%
Materials
7.89%
Real Estate
7.88%
Information Techn.
7.58%
Other
25.16%
QVMM
Industrials
21.32%
Financials
14.73%
Information Techn.
13.03%
Consumer Discreti.
10.39%
Health Care
9.35%
Other
31.19%
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Diversification

IVOV

Total weight of top 15 holdings out of 15

13.41%
QVMM

Total weight of top 15 holdings out of 15

11.29%

Top 15 holdings

Data as of January 31, 2026
IVOV
US FOODS HOLDING CORP
1.15%
RELIANCE STEEL
1.06%
JONES LANG LASALLE
1.04%
US0357108390
0.97%
PERFORMANCE FOOD GROUP
0.92%
ALCOA CORP
0.91%
US72348N1090
0.88%
WESCO INTL
0.87%
TOLL BROTHERS
0.86%
FIDELITY NATIONAL FINANCIAL
0.86%
WATSCO
0.83%
REINSURANCE GROUP OF AMER
0.82%
BJS WHOLESALE CLUB HOLDINGS INC
0.75%
FIRST HORIZON CORP
0.74%
TD SYNNEX
0.74%
QVMM
CIENA
1.00%
PURE STORAGE
0.90%
US19247G1076
0.84%
CURTISS WRIGHT
0.82%
CASEYS GENERAL STORES
0.81%
ILLUMINA
0.76%
ROYAL GOLD
0.75%
TECHNIPFMC PLC
0.73%
UTD THERAPEUT
0.71%
CA74935Q1072
0.69%
LUMENTUM HOLDINGS
0.68%
WOODWARD
0.68%
TWILIO
0.65%
FLEX LTD
0.65%
TEMPUR PEDIC INTERNATIONAL
0.64%
Frequently asked questions about IVOV and QVMM

How have the IVOV and QVMM ETFs performed in 2026?

As of March 11, 2026, IVOV is up 1.05% year-to-date (YTD), while QVMM has returned 4.33%. That puts QVMM better performer ahead so far this year.

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

Year-to-date, the IVOV ETF saw +$52M in flows, compared to +$3M for QVMM.

Which ETF is more volatile: IVOV or QVMM?

Over the past year, IVOV had a volatility of 20.58%, while QVMM experienced 20.57%.

Which ETF is bigger: IVOV or QVMM?

As of March 11, 2026, IVOV holds $1.18 B in assets under management (AUM), while QVMM manages $390.92 M.

What sectors do the IVOV and QVMM ETFs invest in?

IVOV leans toward sectors like Financials, Industrials and Consumer Discretionary. Meanwhile, QVMM focuses on Industrials, Financials and Information Technology.

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

IVOV top holdings include US FOODS HOLDING CORP, RELIANCE STEEL and JONES LANG LASALLE. QVMM holds in its top three: CIENA, PURE STORAGE and US19247G1076.

Which ETF is more diversified: IVOV or QVMM?

IVOV holds 306 securities with 13.41% of its assets in the top 15. QVMM has 358 securities and a top 15 weight of 11.29%.

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