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RFLRvsQVMSETF Comparison

ETF 1

RFLR

Innovator U.S. Small Cap Managed Floor ETF

This fund is part of

Options Strategies

+0.4%

Full RFLR fund page

VS

ETF 2

QVMS

Invesco S&P SmallCap 600 QVM Multi-factor ETF

This fund is part of

US Multi-Factor

+0.61%

Full QVMS fund page

Innovator U.S. Small Cap Managed Floor ETF (RFLR) belongs to the Options Strategies segment. Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS) is part of the US Multi-Factor segment. RFLR's top 3 sector exposures are Financials, Information Technology and Industrials. In contrast, QVMS's top sector exposures are Financials, Industrials and Information Technology. RFLR is more expensive with a Total Expense Ratio (TER) of 0.89%, versus 0.15% for QVMS. RFLR is up 10.99% year-to-date (YTD) with +$34M in YTD flows. QVMS performs better with 20.69% YTD performance, and -$2M in YTD flows. Run a side-by-side ETF comparison of RFLR and QVMS 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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RFLR vs QVMS 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 06/12/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	RFLR QVMS	+3.97%+6.58%	+10.46%+18.50%	+10.99%+20.69%	+27.05%+34.97%	n/a+55.29%	n/an/a
Flows	RFLR QVMS	--$977K	+$16M-$1M	+$34M-$2M	+$51M-$2M	--$35M	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	RFLR QVMS	+12.53%+17.94%	+13.08%+17.72%	n/a+20.16%	n/an/a
Max drawdown	RFLR QVMS	-3.13%-4.06%	-5.65%-8.69%	n/a-27.75%	n/an/a
Max drawdown duration	RFLR QVMS	12d16d	43d59d	n/a380d	n/an/a

Trading data

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	RFLR	QVMS
Last sale 6/12/2026 at 1:30 PM	$31.55	$33.93
Previous close 06/11/2026	$31.36	$33.61
Consolidated volume 06/11/2026
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

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RFLR

is actively managed and doesn’t replicate an index

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

Main metrics

Last update 6/12/2026 at 1:30 PM

Live

Closed

	RFLR	QVMS
Last price	$31.55	$33.93
1D performance	+0.61%	+0.96%
AuM	$81.96 M	$247.69 M
E/R	0.89%	0.15%

Characteristics

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

More RFLR data on Trackinsight

More QVMS data on Trackinsight

Exposure

Countries

RFLR

USA

91.61%

Other

8.39%

QVMS

USA

96.15%

Other

3.85%

Sectors

RFLR

Financials

15.33%

Information Techn.

14.08%

Industrials

13.89%

Health Care

13.77%

Consumer Discreti.

9.47%

Other

33.46%

QVMS

Financials

16.97%

Industrials

16.79%

Information Techn.

13.84%

Consumer Discreti.

13.81%

Health Care

9.98%

Other

28.61%

Diversification

RFLR

Total weight of top 15 holdings out of 15

4.52%

QVMS

Total weight of top 15 holdings out of 15

9.1%

Top 15 holdings

Data as of April 30, 2026

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%

COMMVAULT SYSTEMS

0.28%

STRIDE INC

0.28%

ORGANON & CO

0.28%

PAR PACIFIC HOLDINGS INC

0.27%

VICOR

0.27%

CELCUITY INC

0.27%

CNX RESOURCES CORP

0.27%

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%

Frequently asked questions about RFLR and QVMS

How have the RFLR and QVMS ETFs performed in 2026?

As of June 12, 2026, RFLR is up 10.99% year-to-date (YTD), while QVMS has returned 20.69%. That puts QVMS better performer ahead so far this year.

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

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

Which ETF is more volatile: RFLR or QVMS?

Over the past year, RFLR had a volatility of 13.08%, while QVMS experienced 17.72%.

Which ETF is bigger: RFLR or QVMS?

As of June 12, 2026, RFLR holds $81.96 M in assets under management (AUM), while QVMS manages $247.69 M.

What sectors do the RFLR and QVMS ETFs invest in?

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

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

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

Which ETF is more diversified: RFLR or QVMS?

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

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

October 3, 2024

RFLR

RFLRvsQVMSETF Comparison

Innovator U.S. Small Cap Managed Floor ETF

Invesco S&P SmallCap 600 QVM Multi-factor ETF

RFLR vs QVMS 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 RFLR and QVMS ETFs performed in 2026?

As of June 12, 2026, RFLR is up 10.99% year-to-date (YTD), while QVMS has returned 20.69%. That puts QVMS better performer ahead so far this year.

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

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

Which ETF is more volatile: RFLR or QVMS?

Over the past year, RFLR had a volatility of 13.08%, while QVMS experienced 17.72%.

Which ETF is bigger: RFLR or QVMS?

As of June 12, 2026, RFLR holds $81.96 M in assets under management (AUM), while QVMS manages $247.69 M.

What sectors do the RFLR and QVMS ETFs invest in?

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

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

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

Which ETF is more diversified: RFLR or QVMS?

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

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

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