New

From idea to ETF portfolio in minutes. Build yours now →

Advertisement
Advertisement

QVMMvsMDYETF Comparison

ETF 1
QVMM

Invesco S&P MidCap 400 QVM Multi-factor ETF

This fund is part of
US Multi-Factor
+0.07%
VS
ETF 2
MDY

State Street SPDR S&P MIDCAP 400 ETF Trust

This fund is part of
US Mid Cap
-0.06%

Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM) belongs to the US Multi-Factor segment. State Street SPDR S&P MIDCAP 400 ETF Trust (MDY) is part of the US Mid Cap segment. QVMM's top 3 sector exposures are Industrials, Financials and Information Technology. In contrast, MDY's top sector exposures are Industrials, Information Technology and Financials. QVMM is less expensive with a Total Expense Ratio (TER) of 0.15%, versus 0.23% for MDY. QVMM is up 11.5% year-to-date (YTD) with +$2M in YTD flows. MDY performs worse with 10.41% YTD performance, and -$566M in YTD flows. Run a side-by-side ETF comparison of QVMM and MDY below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

Find out how industry players manage ETF portfolios.  Discover our library of Model portfolios

QVMM vs MDY performance and flow charts

Performance

024681012%Mar 30Apr 7Apr 14Apr 21Apr 28

Cumulative Flows

-100 M-50 M0 M50 MMar 30Apr 7Apr 14Apr 21Apr 28

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

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

Historic performance and flows
Data as of 05/01/2026
1M3MYTD1Y3Y5Y
Perf.
QVMM
MDY
+6.87%+10.87%
+5.98%+6.16%
+11.50%+10.41%
+30.69%+28.98%
+55.18%+51.64%
n/a+42.30%
Flows
QVMM
MDY
-$1M-$56M
+$2M+$164M
+$2M-$566M
-$2M-$904M
+$36M-$947M
--$2.13B
Volatility and drawdown
3M1Y3Y5Y
Volatility
QVMM
MDY
+17.94%+18.19%
+15.67%+15.92%
+17.84%+17.96%
n/a+19.86%
Max drawdown
QVMM
MDY
-8.41%-8.78%
-8.41%-8.78%
-23.85%-23.91%
n/a-23.91%
Max drawdown duration
QVMM
MDY
42d53d
42d53d
379d379d
n/a379d
Trading data

Create an account to view trading data

Join for free
QVMM
MDY
Last sale
5/1/2026 at 1:30 PM
$34.18
$664.35
Previous close
04/29/2026
$34.19
$664.17
Consolidated volume
04/29/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of April 30, 2026
1-year trailing difference

Create an account to view replication metrics

Join for free

Create an account to view replication quality

Join for free
QVMM
MDY
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
Advertisement
Main metrics
Last update 5/1/2026 at 1:30 PM
Live
Closed
QVMM
MDY
Last price
$34.18
$664.35
1D performance
-0.01%
+0.03%
AuM$415.01 M$26.04 B
E/R0.15%0.23%
Characteristics
QVMM
MDY
Management strategyPassivePassive
ProviderInvescoState Street Investment Management
BenchmarkS&P MidCap 400 Quality, Value & Momentum Top 90% Multi-factor IndexS&P MidCap 400 Index
N° of holdings343381
Asset classEquitiesEquities
Trailing 12m distribution yield
Join
Join
Inception dateJune 30, 2021May 4, 1995
ESGNoNo
Advertisement
Exposure

Countries

QVMM
USA
93.18%
Other
6.82%
MDY
USA
92.34%
Other
7.66%

Sectors

QVMM
Industrials
22.82%
Financials
13.59%
Information Techn.
11.61%
Consumer Discreti.
10.31%
Health Care
8.88%
Other
32.79%
MDY
Industrials
21.55%
Information Techn.
13.08%
Financials
13%
Consumer Discreti.
10.58%
Health Care
8.85%
Other
32.94%
Advertisement

Diversification

QVMM

Total weight of top 15 holdings out of 15

10.93%
MDY

Total weight of top 15 holdings out of 15

10.32%

Top 15 holdings

Data as of March 31, 2026
QVMM
TECHNIPFMC PLC
0.97%
CASEYS GENERAL STORES
0.87%
CURTISS WRIGHT
0.81%
XPO LOGISTICS
0.79%
FLEX LTD
0.78%
US FOODS HOLDING CORP
0.70%
WOODWARD
0.69%
ROYAL GOLD
0.69%
UTD THERAPEUT
0.68%
FABRINET
0.68%
NVENT ELECTRIC PLC
0.66%
ILLUMINA
0.65%
ATI INC
0.65%
BURLINGTON STORES
0.65%
ENTEGRIS
0.64%
MDY
TECHNIPFMC PLC
0.87%
CASEYS GENERAL STORES
0.84%
UTD THERAPEUT
0.79%
CURTISS WRIGHT
0.78%
FLEX LTD
0.75%
XPO LOGISTICS
0.71%
WOODWARD
0.66%
ROYAL GOLD
0.64%
US FOODS HOLDING CORP
0.63%
BURLINGTON STORES
0.63%
ATI INC
0.61%
MICHAEL STORES
0.61%
CARPENTER TECHNOLOGY
0.61%
NVENT ELECTRIC PLC
0.59%
TWILIO
0.59%
Frequently asked questions about QVMM and MDY

How have the QVMM and MDY ETFs performed in 2026?

As of May 1, 2026, QVMM is up 11.5% year-to-date (YTD), while MDY has returned 10.41%. That puts QVMM better performer ahead so far this year.

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

Year-to-date, the QVMM ETF saw +$2M in flows, compared to -$566M for MDY.

Which ETF is more volatile: QVMM or MDY?

Over the past year, QVMM had a volatility of 15.67%, while MDY experienced 15.92%.

Which ETF is bigger: QVMM or MDY?

As of May 1, 2026, QVMM holds $415.01 M in assets under management (AUM), while MDY manages $26.04 B.

What sectors do the QVMM and MDY ETFs invest in?

QVMM leans toward sectors like Industrials, Financials and Information Technology. Meanwhile, MDY focuses on Industrials, Information Technology and Financials.

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

QVMM top holdings include TECHNIPFMC PLC, CASEYS GENERAL STORES and CURTISS WRIGHT. MDY holds in its top three: TECHNIPFMC PLC, CASEYS GENERAL STORES and UTD THERAPEUT.

Which ETF is more diversified: QVMM or MDY?

QVMM holds 360 securities with 10.93% of its assets in the top 15. MDY has 399 securities and a top 15 weight of 10.32%.

Advertisement
Advertisement
Advertisement
Webcast on Demand

Calamos Investments Powers the Next Phase of the Autocallable Revolution

Join J.P. Morgan’s Bram Kaplan, Head of Americas Equity Derivatives Strategy and Matt Kaufman from Calamos Investments as they dive into the growing global opportunity in autocallable income—an increasingly dominant strategy within structured products, now available through ETFs.

Accepted for 1 CE Credit

Calamos Webcast