BROUGHT TO YOU BY:

ETF Portfolio Builder

New

ETF Portfolio Builder

New

QVMSvsRFLRETF Comparison

ETF 1

QVMS

Invesco S&P SmallCap 600 QVM Multi-factor ETF

This fund is part of

US Multi-Factor

+1.06%

Full QVMS fund page

VS

ETF 2

RFLR

Innovator U.S. Small Cap Managed Floor ETF

This fund is part of

Options Strategies

+1%

Full RFLR fund page

Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS) belongs to the US Multi-Factor segment. Innovator U.S. Small Cap Managed Floor ETF (RFLR) is part of the Options Strategies segment. QVMS's top 3 sector exposures are Financials, Industrials and Information Technology. In contrast, RFLR's top sector exposures are Financials, Information Technology and Industrials. QVMS is less expensive with a Total Expense Ratio (TER) of 0.15%, versus 0.89% for RFLR. QVMS is up 20.63% year-to-date (YTD) with -$2M in YTD flows. RFLR performs worse with 10.99% YTD performance, and +$34M in YTD flows. Run a side-by-side ETF comparison of QVMS and RFLR 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

QVMS vs RFLR performance and flow charts

Performance

Cumulative Flows

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.

Data Services

Historic performance and flows

Data as of 06/15/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	QVMS RFLR	+8.07%+5.47%	+17.69%+10.12%	+20.63%+10.99%	+36.15%+27.70%	+54.42%n/a	n/an/a
Flows	QVMS RFLR	-$977K-	-$1M+$15M	-$2M+$34M	-$2M+$51M	-$35M-	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	QVMS RFLR	+18.05%+12.62%	+17.62%+13.00%	+20.16%n/a	n/an/a
Max drawdown	QVMS RFLR	-4.06%-3.13%	-8.69%-5.65%	-27.75%n/a	n/an/a
Max drawdown duration	QVMS RFLR	16d12d	59d43d	380dn/a	n/an/a

Trading data

Create an account to view trading data

Join for free

	QVMS	RFLR
Last sale 6/15/2026 at 1:30 PM	$33.89	$31.54
Previous close 06/15/2026	$33.93	$31.55
Consolidated volume 06/15/2026
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

Create an account to view replication metrics

Join for free

RFLR

is actively managed and doesn’t replicate an index

Create an account to view replication quality

Join for free

	QVMS	RFLR
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 6/15/2026 at 1:30 PM

Live

Closed

	QVMS	RFLR
Last price	$33.89	$31.54
1D performance	-0.13%	-0.01%
AuM	$247.57 M	$81.96 M
E/R	0.15%	0.89%

Characteristics

	QVMS	RFLR
Management strategy	Passive	Active
Provider	Invesco	Innovator
Benchmark	S&P SmallCap 600 Quality, Value & Momentum Top 90% Multi-factor Index	-
N° of holdings	497	736
Asset class	Equities	-
Trailing 12m distribution yield	Join	Join
Inception date	June 30, 2021	September 16, 2024
ESG	No	No

More QVMS data on Trackinsight

More RFLR data on Trackinsight

Exposure

Countries

QVMS

USA

96.15%

Other

3.85%

RFLR

USA

91.61%

Other

8.39%

Sectors

QVMS

Financials

16.97%

Industrials

16.79%

Information Techn.

13.84%

Consumer Discreti.

13.81%

Health Care

9.98%

Other

28.61%

RFLR

Financials

15.33%

Information Techn.

14.08%

Industrials

13.89%

Health Care

13.77%

Consumer Discreti.

9.47%

Other

33.46%

Diversification

QVMS

Total weight of top 15 holdings out of 15

9.1%

RFLR

Total weight of top 15 holdings out of 15

4.52%

Top 15 holdings

Data as of April 30, 2026

QVMS

SANMINA CORP

0.82%

FORMFACTOR

0.78%

PRIMORIS SERVICES

0.69%

VIAVI SOLUTIONS INC

0.65%

ELEMENT SOLUTIONS INC

0.64%

SEMTECH

0.60%

EASTMAN CHEMICAL

0.60%

STONEX GROUP INC

0.57%

LKQ

0.56%

ZURN WATER SOLUTIONS CORP

0.56%

ESCO TECHNOLOGIES

0.55%

GLAUKOS

0.53%

JACKSON FINANCIAL INC

0.52%

ARMSTRONG WORLD INDUSTRIES

0.52%

INSTALLED BUILDING PRODUCTS

0.51%

RFLR

PLANET LABS PBC

0.36%

VIAVI SOLUTIONS INC

0.35%

APPLIED OPTOEL/D

0.34%

SM ENERGY

0.34%

AXCELIS TECHNOLOGIES

0.32%

TERNS PHARMACEUTICALS

0.31%

FIRST BANCORP

0.29%

FORMFACTOR

0.29%

ORGANON & CO

0.28%

STRIDE INC

0.28%

COMMVAULT SYSTEMS

0.28%

PAR PACIFIC HOLDINGS INC

0.27%

CELCUITY INC

0.27%

VICOR

0.27%

CNX RESOURCES CORP

0.27%

Frequently asked questions about QVMS and RFLR

How have the QVMS and RFLR ETFs performed in 2026?

As of June 15, 2026, QVMS is up 20.63% year-to-date (YTD), while RFLR has returned 10.99%. That puts QVMS better performer ahead so far this year.

Which ETF is attracting more investor money: QVMS or RFLR?

Year-to-date, the QVMS ETF saw -$2M in flows, compared to +$34M for RFLR.

Which ETF is more volatile: QVMS or RFLR?

Over the past year, QVMS had a volatility of 17.62%, while RFLR experienced 13%.

Which ETF is bigger: QVMS or RFLR?

As of June 15, 2026, QVMS holds $247.57 M in assets under management (AUM), while RFLR manages $81.96 M.

What sectors do the QVMS and RFLR ETFs invest in?

QVMS leans toward sectors like Financials, Industrials and Information Technology. Meanwhile, RFLR focuses on Financials, Information Technology and Industrials.

What are the top holdings of the QVMS ETF and RFLR ETF?

QVMS top holdings include SANMINA CORP, FORMFACTOR and PRIMORIS SERVICES. RFLR holds in its top three: PLANET LABS PBC, VIAVI SOLUTIONS INC and APPLIED OPTOEL/D.

Which ETF is more diversified: QVMS or RFLR?

QVMS holds 536 securities with 9.1% of its assets in the top 15. RFLR has 827 securities and a top 15 weight of 4.52%.

How Innovator's "Managed Floor" ETFs Can Fit Into a 40/30/30 Portfolio

October 3, 2024

RFLR

QVMSvsRFLRETF Comparison

Invesco S&P SmallCap 600 QVM Multi-factor ETF

Innovator U.S. Small Cap Managed Floor ETF

QVMS vs RFLR 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 QVMS and RFLR ETFs performed in 2026?

As of June 15, 2026, QVMS is up 20.63% year-to-date (YTD), while RFLR has returned 10.99%. That puts QVMS better performer ahead so far this year.

Which ETF is attracting more investor money: QVMS or RFLR?

Year-to-date, the QVMS ETF saw -$2M in flows, compared to +$34M for RFLR.

Which ETF is more volatile: QVMS or RFLR?

Over the past year, QVMS had a volatility of 17.62%, while RFLR experienced 13%.

Which ETF is bigger: QVMS or RFLR?

As of June 15, 2026, QVMS holds $247.57 M in assets under management (AUM), while RFLR manages $81.96 M.

What sectors do the QVMS and RFLR ETFs invest in?

QVMS leans toward sectors like Financials, Industrials and Information Technology. Meanwhile, RFLR focuses on Financials, Information Technology and Industrials.

What are the top holdings of the QVMS ETF and RFLR ETF?

QVMS top holdings include SANMINA CORP, FORMFACTOR and PRIMORIS SERVICES. RFLR holds in its top three: PLANET LABS PBC, VIAVI SOLUTIONS INC and APPLIED OPTOEL/D.

Which ETF is more diversified: QVMS or RFLR?

QVMS holds 536 securities with 9.1% of its assets in the top 15. RFLR has 827 securities and a top 15 weight of 4.52%.

How Innovator's "Managed Floor" ETFs Can Fit Into a 40/30/30 Portfolio

Expert-Built ETF Portfolios, All in One Place