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QVMLvsTSPYETF Comparison

ETF 1

QVML

Invesco S&P 500 QVM Multi-factor ETF

This fund is part of

US Multi-Factor

+1.03%

Full QVML fund page

VS

ETF 2

TSPY

TappAlpha S&P 500 Growth & Daily Income ETF

This fund is part of

Options Strategies

+0.69%

Full TSPY fund page

Invesco S&P 500 QVM Multi-factor ETF (QVML) belongs to the US Multi-Factor segment. TappAlpha S&P 500 Growth & Daily Income ETF (TSPY) is part of the Options Strategies segment. QVML's top 3 sector exposures are Information Technology, Communication Services and Financials. In contrast, TSPY's top sector exposures are Information Technology, Communication Services and Consumer Discretionary. QVML is less expensive with a Total Expense Ratio (TER) of 0.11%, versus 0.71% for TSPY. QVML is up 10.8% year-to-date (YTD) with -$165M in YTD flows. TSPY performs worse with 7.88% YTD performance, and +$106M in YTD flows. Run a side-by-side ETF comparison of QVML and TSPY 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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QVML vs TSPY performance and flow charts

Performance

Cumulative Flows

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

Data Services

Historic performance and flows

Data as of 06/18/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	QVML TSPY	+1.73%+1.31%	+14.18%+11.74%	+10.80%+7.88%	+27.07%+25.22%	+79.40%n/a	n/an/a
Flows	QVML TSPY	-$161M-$2M	-$165M+$17M	-$165M+$106M	-$164M+$237M	-$80M-	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	QVML TSPY	+15.35%+15.13%	+12.13%+12.33%	+14.89%n/a	n/an/a
Max drawdown	QVML TSPY	-4.19%-4.47%	-8.73%-9.44%	-18.54%n/a	n/an/a
Max drawdown duration	QVML TSPY	16d16d	70d73d	127dn/a	n/an/a

Trading data

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	QVML	TSPY
Last sale 6/18/2026 at 1:30 PM	$44.40	$25.63
Previous close 06/18/2026	$43.85	$25.37
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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TSPY

is actively managed and doesn’t replicate an index

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	QVML	TSPY
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 6/18/2026 at 1:30 PM

Live

Closed

	QVML	TSPY
Last price	$44.40	$25.63
1D performance	+1.26%	+1.02%
AuM	$1.48 B	$279.19 M
E/R	0.11%	0.71%

Characteristics

	QVML	TSPY
Management strategy	Passive	Active
Provider	Invesco	TappAlpha
Benchmark	S&P 500 Quality, Value & Momentum Top 90% Multi-factor Index	-
N° of holdings	427	478
Asset class	Equities	-
Trailing 12m distribution yield	Join	Join
Inception date	June 30, 2021	August 14, 2024
ESG	No	No

More QVML data on Trackinsight

More TSPY data on Trackinsight

Exposure

Countries

QVML

USA

96.71%

Other

3.29%

TSPY

USA

96.63%

Other

3.37%

Sectors

QVML

Information Techn.

36.47%

Communication Ser.

11.31%

Financials

10.73%

Health Care

8.51%

Industrials

8.39%

Consumer Discreti.

7.33%

Other

17.26%

TSPY

Information Techn.

35.56%

Communication Ser.

10.94%

Consumer Discreti.

10.07%

Financials

9.86%

Health Care

8.34%

Industrials

8.05%

Other

17.17%

Diversification

QVML

Total weight of top 15 holdings out of 15

46.28%

TSPY

Total weight of top 15 holdings out of 15

43.74%

Top 15 holdings

Data as of April 30, 2026

QVML

NVIDIA

8.67%

APPLE

6.89%

ALPHABET INC-CL

6.34%

MICROSOFT-T

5.08%

AMAZON.COM INC

4.32%

BROADCOM LIMITED

3.18%

META PLATFORMS

2.52%

BERKSHIRE HATHWAY

1.54%

JPMORGAN CHASE

1.53%

LILLY

1.25%

EXXON

1.09%

MICRON TECHNOLOGY

1.00%

WALMART INC

1.00%

JOHNSON&JOHNSON

0.96%

VISA INCORPORATION

0.93%

TSPY

NVIDIA

7.82%

APPLE

6.42%

MICROSOFT-T

4.88%

AMAZON.COM INC

4.18%

ALPHABET INC-CL

3.61%

BROADCOM LIMITED

3.19%

ALPHABET INC-CL

2.88%

META PLATFORMS

2.16%

TESLA

1.73%

BERKSHIRE HATHWAY

1.40%

JPMORGAN CHASE

1.36%

LILLY

1.19%

EXXON

1.04%

MICRON TECHNOLOGY

0.94%

WALMART INC

0.93%

Frequently asked questions about QVML and TSPY

How have the QVML and TSPY ETFs performed in 2026?

As of June 18, 2026, QVML is up 10.8% year-to-date (YTD), while TSPY has returned 7.88%. That puts QVML better performer ahead so far this year.

Which ETF is attracting more investor money: QVML or TSPY?

Year-to-date, the QVML ETF saw -$165M in flows, compared to +$106M for TSPY.

Which ETF is more volatile: QVML or TSPY?

Over the past year, QVML had a volatility of 12.13%, while TSPY experienced 12.33%.

Which ETF is bigger: QVML or TSPY?

As of June 18, 2026, QVML holds $1.48 B in assets under management (AUM), while TSPY manages $279.19 M.

What sectors do the QVML and TSPY ETFs invest in?

QVML leans toward sectors like Information Technology, Communication Services and Financials. Meanwhile, TSPY focuses on Information Technology, Communication Services and Consumer Discretionary.

QVMLvsTSPYETF Comparison

Invesco S&P 500 QVM Multi-factor ETF

TappAlpha S&P 500 Growth & Daily Income ETF

QVML vs TSPY performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the QVML and TSPY ETFs performed in 2026?

As of June 18, 2026, QVML is up 10.8% year-to-date (YTD), while TSPY has returned 7.88%. That puts QVML better performer ahead so far this year.

Which ETF is attracting more investor money: QVML or TSPY?

Year-to-date, the QVML ETF saw -$165M in flows, compared to +$106M for TSPY.

Which ETF is more volatile: QVML or TSPY?

Over the past year, QVML had a volatility of 12.13%, while TSPY experienced 12.33%.

Which ETF is bigger: QVML or TSPY?

As of June 18, 2026, QVML holds $1.48 B in assets under management (AUM), while TSPY manages $279.19 M.

What sectors do the QVML and TSPY ETFs invest in?

QVML leans toward sectors like Information Technology, Communication Services and Financials. Meanwhile, TSPY focuses on Information Technology, Communication Services and Consumer Discretionary.

What are the top holdings of the QVML ETF and TSPY ETF?

QVML top holdings include NVIDIA, APPLE and ALPHABET INC-CL. TSPY holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: QVML or TSPY?

QVML holds 449 securities with 46.28% of its assets in the top 15. TSPY has 503 securities and a top 15 weight of 43.74%.

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