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QVMSvsRFLRETF Comparison

ETF 1

QVMS

Invesco S&P SmallCap 600 QVM Multi-factor ETF

This fund is part of

US Multi-Factor

-0.38%

Full QVMS fund page

VS

ETF 2

RFLR

Innovator U.S. Small Cap Managed Floor ETF

This fund is part of

Options Strategies

-0.16%

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 Industrials, Financials and Consumer Discretionary. In contrast, RFLR's top sector exposures are Financials, Health Care and Industrials. QVMS is less expensive with a Total Expense Ratio (TER) of 0.15%, versus 0.89% for RFLR. QVMS is up 13.41% year-to-date (YTD) with -$707K in YTD flows. RFLR performs worse with 5.45% YTD performance, and +$31M 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.

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QVMS vs RFLR 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 04/28/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	QVMS RFLR	+12.20%+5.20%	+7.57%+2.01%	+13.41%+5.45%	+36.94%+26.80%	+54.14%n/a	n/an/a
Flows	QVMS RFLR	-+$10M	-$409K+$21M	-$707K+$31M	-$601K+$50M	-$34M-	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	QVMS RFLR	+17.98%+13.58%	+17.88%+12.46%	+20.34%n/a	n/an/a
Max drawdown	QVMS RFLR	-8.69%-5.60%	-8.69%-5.65%	-27.75%n/a	n/an/a
Max drawdown duration	QVMS RFLR	59d48d	59d43d	380dn/a	n/an/a

Trading data

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	QVMS	RFLR
Last sale 4/28/2026 at 1:30 PM	$31.89	$30.06
Previous close 04/28/2026	$32.07	$30.15
Consolidated volume 04/28/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

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RFLR

is actively managed and doesn’t replicate an index

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

Main metrics

Last update 4/28/2026 at 1:30 PM

Live

Closed

	QVMS	RFLR
Last price	$31.89	$30.06
1D performance	-0.54%	-0.30%
AuM	$233.72 M	$74.88 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	500	743
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

96.26%

Other

3.74%

RFLR

USA

88.81%

Other

11.19%

Sectors

QVMS

Industrials

16.96%

Financials

16.8%

Consumer Discreti.

14.05%

Information Techn.

12.55%

Health Care

9.89%

Other

29.75%

RFLR

Financials

14.94%

Health Care

13.65%

Industrials

13.11%

Information Techn.

12.63%

Consumer Discreti.

9.27%

Other

36.4%

Diversification

QVMS

Total weight of top 15 holdings out of 15

8.31%

RFLR

Total weight of top 15 holdings out of 15

4.68%

Top 15 holdings

Data as of March 31, 2026

QVMS

EASTMAN CHEMICAL

0.65%

PRIMORIS SERVICES

0.63%

SANMINA CORP

0.63%

FORMFACTOR

0.59%

ELEMENT SOLUTIONS INC

0.59%

LKQ

0.58%

VIAVI SOLUTIONS INC

0.55%

ESCO TECHNOLOGIES

0.53%

ARMSTRONG WORLD INDUSTRIES

0.52%

ZURN WATER SOLUTIONS CORP

0.52%

JACKSON FINANCIAL INC

0.51%

JOHN BEAN TECHNOLOGIES

0.50%

GLAUKOS

0.50%

INSTALLED BUILDING PRODUCTS

0.50%

QORVO INC.

0.50%

RFLR

SM ENERGY

0.47%

US92333F1012

0.36%

TERNS PHARMACEUTICALS

0.33%

PAR PACIFIC HOLDINGS INC

0.33%

PBF ENERGY INC (ORDINARY)

0.32%

SILICON LABS

0.32%

SPIRE INC

0.30%

PLANET LABS PBC

0.30%

CNX RESOURCES CORP

0.30%

VIAVI SOLUTIONS INC

0.29%

ENERSYS

0.28%

CELCUITY INC

0.27%

ROBERT HALF

0.27%

WORKIVA INC

0.27%

COMMVAULT SYSTEMS

0.27%

Frequently asked questions about QVMS and RFLR

How have the QVMS and RFLR ETFs performed in 2026?

As of April 28, 2026, QVMS is up 13.41% year-to-date (YTD), while RFLR has returned 5.45%. 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 -$707K in flows, compared to +$31M for RFLR.

Which ETF is more volatile: QVMS or RFLR?

Over the past year, QVMS had a volatility of 17.88%, while RFLR experienced 12.46%.

Which ETF is bigger: QVMS or RFLR?

As of April 28, 2026, QVMS holds $233.72 M in assets under management (AUM), while RFLR manages $74.88 M.

What sectors do the QVMS and RFLR ETFs invest in?

QVMS leans toward sectors like Industrials, Financials and Consumer Discretionary. Meanwhile, RFLR focuses on Financials, Health Care and Industrials.

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

QVMS top holdings include EASTMAN CHEMICAL, PRIMORIS SERVICES and SANMINA CORP. RFLR holds in its top three: SM ENERGY, US92333F1012 and TERNS PHARMACEUTICALS.

Which ETF is more diversified: QVMS or RFLR?

QVMS holds 539 securities with 8.31% of its assets in the top 15. RFLR has 833 securities and a top 15 weight of 4.68%.

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 April 28, 2026, QVMS is up 13.41% year-to-date (YTD), while RFLR has returned 5.45%. 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 -$707K in flows, compared to +$31M for RFLR.

Which ETF is more volatile: QVMS or RFLR?

Over the past year, QVMS had a volatility of 17.88%, while RFLR experienced 12.46%.

Which ETF is bigger: QVMS or RFLR?

As of April 28, 2026, QVMS holds $233.72 M in assets under management (AUM), while RFLR manages $74.88 M.

What sectors do the QVMS and RFLR ETFs invest in?

QVMS leans toward sectors like Industrials, Financials and Consumer Discretionary. Meanwhile, RFLR focuses on Financials, Health Care and Industrials.

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

QVMS top holdings include EASTMAN CHEMICAL, PRIMORIS SERVICES and SANMINA CORP. RFLR holds in its top three: SM ENERGY, US92333F1012 and TERNS PHARMACEUTICALS.

Which ETF is more diversified: QVMS or RFLR?

QVMS holds 539 securities with 8.31% of its assets in the top 15. RFLR has 833 securities and a top 15 weight of 4.68%.

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

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