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QVMMvsVOETF Comparison

ETF 1
QVMM

Invesco S&P MidCap 400 QVM Multi-factor ETF

This fund is part of
US Multi-Factor
-0.15%
Full QVMM fund page
VS
ETF 2
VO

Vanguard Mid-Cap ETF

This fund is part of
US Mid Cap
-0.25%
Full VO fund page

Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM) belongs to the US Multi-Factor segment. Vanguard Mid-Cap ETF (VO) is part of the US Mid Cap segment. QVMM's top 3 sector exposures are Industrials, Financials and Information Technology. In contrast, VO's top sector exposures are Industrials, Information Technology and Financials. QVMM is more expensive with a Total Expense Ratio (TER) of 0.15%, versus 0.03% for VO. QVMM is up 4.33% year-to-date (YTD) with +$3M in YTD flows. VO performs worse with 1.39% YTD performance, and +$1.80B in YTD flows. Run a side-by-side ETF comparison of QVMM and VO 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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QVMM vs VO performance and flow charts

Performance

-4.0-3.0-2.0-1.00.01.0%Feb 11Feb 19Feb 26Mar 5

Cumulative Flows

0 B0.2 B0.4 B0.6 B0.8 B1 B1.2 BFeb 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.
QVMM
VO
-4.02%-2.83%
+1.69%-0.68%
+4.33%+1.39%
+20.69%+17.03%
+50.20%+52.52%
n/a+42.50%
Flows
QVMM
VO
+$3M+$1.13B
+$3M+$2.98B
+$3M+$1.80B
+$168K+$10.72B
+$31M+$19.23B
-+$28.98B
Volatility and drawdown
3M1Y3Y5Y
Volatility
QVMM
VO
+14.45%+12.81%
+20.57%+17.64%
+17.87%+14.86%
n/a+17.55%
Max drawdown
QVMM
VO
-5.07%-4.18%
-14.90%-13.44%
-23.85%-18.93%
n/a-27.54%
Max drawdown duration
QVMM
VO
9d13d
46d46d
379d211d
n/a972d
Trading data

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QVMM
VO
Last sale
3/11/2026 at 1:30 PM
$32.08
$291.07
Previous close
03/11/2026
$32.15
$294.20
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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QVMM
VO
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 3/11/2026 at 1:30 PM
Live
Closed
QVMM
VO
Last price
$32.08
$291.07
1D performance
-0.22%
-1.06%
AuM$390.92 M$93.78 B
E/R0.15%0.03%
Characteristics
QVMM
VO
Management strategyPassivePassive
ProviderInvescoVanguard
BenchmarkS&P MidCap 400 Quality, Value & Momentum Top 90% Multi-factor IndexCRSP U.S. Mid Cap Index
N° of holdings345270
Asset classEquitiesEquities
Trailing 12m distribution yield
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Inception dateJune 30, 2021January 26, 2004
ESGNoNo
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Exposure

Countries

QVMM
USA
94%
Other
6%
VO
USA
92.46%
Other
7.54%

Sectors

QVMM
Industrials
21.32%
Financials
14.73%
Information Techn.
13.03%
Consumer Discreti.
10.39%
Health Care
9.35%
Other
31.19%
VO
Industrials
16.53%
Information Techn.
14.04%
Financials
13.47%
Consumer Discreti.
11.15%
Utilities
8.14%
Health Care
7.81%
Other
28.86%
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Diversification

QVMM

Total weight of top 15 holdings out of 15

11.29%
VO

Total weight of top 15 holdings out of 15

13.18%

Top 15 holdings

Data as of January 31, 2026
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%
VO
NEWMONT CORP
1.30%
CONSTELLATION ENERGY CORP
0.93%
SEAGATE TECHNOLOGY HOLDINGS PLC
0.93%
WESTERN DIGITAL
0.91%
HOWMET AEROSPACE INC
0.89%
CRH PLC
0.87%
TRANSDIGM GROUP
0.86%
CUMMINS
0.85%
ROYAL CARIBBEAN GROUP
0.85%
CORNING
0.85%
GENERAL MOTORS
0.83%
ROBINHOOD MARKETS
0.83%
SCHLUMBERGER
0.77%
QUANTA SERVICES
0.75%
DOORDASH
0.75%
Frequently asked questions about QVMM and VO

How have the QVMM and VO ETFs performed in 2026?

As of March 11, 2026, QVMM is up 4.33% year-to-date (YTD), while VO has returned 1.39%. That puts QVMM better performer ahead so far this year.

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

Year-to-date, the QVMM ETF saw +$3M in flows, compared to +$1.80B for VO.

Which ETF is more volatile: QVMM or VO?

Over the past year, QVMM had a volatility of 20.57%, while VO experienced 17.64%.

Which ETF is bigger: QVMM or VO?

As of March 11, 2026, QVMM holds $390.92 M in assets under management (AUM), while VO manages $93.78 B.

What sectors do the QVMM and VO ETFs invest in?

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

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

QVMM top holdings include CIENA, PURE STORAGE and US19247G1076. VO holds in its top three: NEWMONT CORP, CONSTELLATION ENERGY CORP and SEAGATE TECHNOLOGY HOLDINGS PLC.

Which ETF is more diversified: QVMM or VO?

QVMM holds 358 securities with 11.29% of its assets in the top 15. VO has 287 securities and a top 15 weight of 13.18%.

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