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QVMTvsDSPYETF Comparison

ETF 1

QVMT

Invesco S&P 500 Concentrated QVM ETF

This fund is part of

US Multi-Factor

+0%

Full QVMT fund page

VS

ETF 2

DSPY

Tema S&P 500 Historical Weight ETF Strategy

This fund is part of

US Large Cap

+0.11%

Full DSPY fund page

Invesco S&P 500 Concentrated QVM ETF (QVMT) belongs to the US Multi-Factor segment. Tema S&P 500 Historical Weight ETF Strategy (DSPY) is part of the US Large Cap segment. QVMT's top 3 sector exposures are Information Technology, Financials and Industrials. In contrast, DSPY's top sector exposures are Information Technology, Financials and Health Care. QVMT is less expensive with a Total Expense Ratio (TER) of 0.13%, versus 0.18% for DSPY. QVMT is up 10.3% year-to-date (YTD) with +$846K in YTD flows. DSPY performs worse with 5.92% YTD performance, and +$5M in YTD flows. Run a side-by-side ETF comparison of QVMT and DSPY 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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QVMT vs DSPY 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 04/27/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	QVMT DSPY	+6.59%+10.26%	+9.67%+3.27%	+10.30%+5.92%	+30.29%+27.97%	+70.99%n/a	+73.57%n/a
Flows	QVMT DSPY	-$1M+$910K	-$8M+$5M	+$846K+$5M	-$745K+$744M	-$23M-	-$35M-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	QVMT DSPY	+13.46%+13.87%	+12.79%+11.54%	+15.12%n/a	+17.29%n/a
Max drawdown	QVMT DSPY	-6.17%-7.53%	-6.17%-7.53%	-14.29%n/a	-21.98%n/a
Max drawdown duration	QVMT DSPY	37d47d	37d47d	217dn/a	711dn/a

Trading data

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	QVMT	DSPY
Last sale 4/28/2026 at 1:30 PM		$61.33
Previous close 04/27/2026		$61.65
Consolidated volume 04/27/2026
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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DSPY

is actively managed and doesn’t replicate an index

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	QVMT	DSPY
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

	QVMT	DSPY
Last price	–	$61.33
1D performance	–	-0.52%
AuM	$126.35 M	$829.90 M
E/R	0.13%	0.18%

Characteristics

	QVMT	DSPY
Management strategy	Passive	Active
Provider	Invesco	Tema
Benchmark	S&P Quality, Value, and Momentum Multi-factor Index	-
N° of holdings	95	475
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	October 9, 2015	March 31, 2025
ESG	No	No

More QVMT data on Trackinsight

More DSPY data on Trackinsight

Exposure

Countries

QVMT

USA

97.3%

Other

2.7%

DSPY

USA

95.67%

Other

4.33%

Sectors

QVMT

Information Techn.

24.22%

Financials

15.01%

Industrials

13.81%

Communication Ser.

10.85%

Health Care

10.4%

Other

25.7%

DSPY

Information Techn.

26.01%

Financials

12.26%

Health Care

11.43%

Industrials

10.52%

Consumer Discreti.

9.42%

Communication Ser.

7.21%

Other

23.15%

Diversification

QVMT

Total weight of top 15 holdings out of 15

54.84%

DSPY

Total weight of top 15 holdings out of 15

25.84%

Top 15 holdings

Data as of March 31, 2026

QVMT

JOHNSON&JOHNSON

5.34%

NETFLIX

4.87%

BERKSHIRE HATHWAY

4.62%

VISA INCORPORATION

4.39%

WALMART INC

4.33%

APPLE

4.31%

MASTERCARD

4.02%

CHEVRON TEXACO

3.81%

GENERAL ELECTRIC

3.58%

CISCO-T

3.02%

US5128073062

2.81%

CATERPILLAR

2.79%

RAYTHEON TECHNOLOGIES CORPORD

2.45%

AT&T

2.42%

GILEAD SCIENCES

2.07%

DSPY

NVIDIA

3.86%

APPLE

3.27%

AMAZON.COM INC

1.99%

MICROSOFT-T

1.97%

BROADCOM LIMITED

1.71%

META PLATFORMS

1.49%

TESLA

1.46%

BERKSHIRE HATHWAY

1.41%

EXXON

1.40%

JPMORGAN CHASE

1.31%

JOHNSON&JOHNSON

1.26%

LILLY

1.25%

ALPHABET INC-CL

1.23%

WALMART INC

1.16%

VISA INCORPORATION

1.07%

Frequently asked questions about QVMT and DSPY

How have the QVMT and DSPY ETFs performed in 2026?

As of April 27, 2026, QVMT is up 10.3% year-to-date (YTD), while DSPY has returned 5.92%. That puts QVMT better performer ahead so far this year.

Which ETF is attracting more investor money: QVMT or DSPY?

Year-to-date, the QVMT ETF saw +$846K in flows, compared to +$5M for DSPY.

Which ETF is more volatile: QVMT or DSPY?

Over the past year, QVMT had a volatility of 12.79%, while DSPY experienced 11.54%.

Which ETF is bigger: QVMT or DSPY?

As of April 27, 2026, QVMT holds $126.35 M in assets under management (AUM), while DSPY manages $829.90 M.

What sectors do the QVMT and DSPY ETFs invest in?

QVMT leans toward sectors like Information Technology, Financials and Industrials. Meanwhile, DSPY focuses on Information Technology, Financials and Health Care.

What are the top holdings of the QVMT ETF and DSPY ETF?

QVMT top holdings include JOHNSON&JOHNSON, NETFLIX and BERKSHIRE HATHWAY. DSPY holds in its top three: NVIDIA, APPLE and AMAZON.COM INC.

Which ETF is more diversified: QVMT or DSPY?

QVMT holds 100 securities with 54.84% of its assets in the top 15. DSPY has 498 securities and a top 15 weight of 25.84%.

Tema S&P 500 Historical Weight ETF (DSPY) Launches to Address Concentration Risk

April 1, 2025

DSPY

QVMTvsDSPYETF Comparison

Invesco S&P 500 Concentrated QVM ETF

Tema S&P 500 Historical Weight ETF Strategy

QVMT vs DSPY 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 QVMT and DSPY ETFs performed in 2026?

As of April 27, 2026, QVMT is up 10.3% year-to-date (YTD), while DSPY has returned 5.92%. That puts QVMT better performer ahead so far this year.

Which ETF is attracting more investor money: QVMT or DSPY?

Year-to-date, the QVMT ETF saw +$846K in flows, compared to +$5M for DSPY.

Which ETF is more volatile: QVMT or DSPY?

Over the past year, QVMT had a volatility of 12.79%, while DSPY experienced 11.54%.

Which ETF is bigger: QVMT or DSPY?

As of April 27, 2026, QVMT holds $126.35 M in assets under management (AUM), while DSPY manages $829.90 M.

What sectors do the QVMT and DSPY ETFs invest in?

QVMT leans toward sectors like Information Technology, Financials and Industrials. Meanwhile, DSPY focuses on Information Technology, Financials and Health Care.

What are the top holdings of the QVMT ETF and DSPY ETF?

QVMT top holdings include JOHNSON&JOHNSON, NETFLIX and BERKSHIRE HATHWAY. DSPY holds in its top three: NVIDIA, APPLE and AMAZON.COM INC.

Which ETF is more diversified: QVMT or DSPY?

QVMT holds 100 securities with 54.84% of its assets in the top 15. DSPY has 498 securities and a top 15 weight of 25.84%.

Tema S&P 500 Historical Weight ETF (DSPY) Launches to Address Concentration Risk

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