BROUGHT TO YOU BY:

ETF Portfolio Builder

New

ETF Portfolio Builder

New

RFLRvsQVMSETF Comparison

ETF 1

RFLR

Innovator U.S. Small Cap Managed Floor ETF

This fund is part of

Options Strategies

-0.03%

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

-0.05%

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, Health Care and Industrials. In contrast, QVMS's top sector exposures are Industrials, Financials and Consumer Discretionary. RFLR is more expensive with a Total Expense Ratio (TER) of 0.89%, versus 0.15% for QVMS. RFLR is up 4.58% year-to-date (YTD) with +$32M in YTD flows. QVMS performs better with 12.34% YTD performance, and -$707K 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.

Find out how industry players manage ETF portfolios. Discover our library of Model portfolios

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

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 04/29/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	RFLR QVMS	+4.33%+11.14%	+0.78%+5.66%	+4.58%+12.34%	+26.07%+34.92%	n/a+52.82%	n/an/a
Flows	RFLR QVMS	+$12M-	+$22M-$2M	+$32M-$707K	+$52M-$601K	--$34M	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	RFLR QVMS	+13.67%+18.05%	+12.49%+17.91%	n/a+20.35%	n/an/a
Max drawdown	RFLR QVMS	-5.60%-8.69%	-5.65%-8.69%	n/a-27.75%	n/an/a
Max drawdown duration	RFLR QVMS	48d59d	43d59d	n/a380d	n/an/a

Trading data

Create an account to view trading data

Join for free

	RFLR	QVMS
Last sale 4/29/2026 at 1:30 PM	$29.72	$31.59
Previous close 04/29/2026	$30.06	$31.89
Consolidated volume 04/29/2026
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

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

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

Main metrics

Last update 4/29/2026 at 1:30 PM

Live

Closed

	RFLR	QVMS
Last price	$29.72	$31.59
1D performance	-1.14%	-0.95%
AuM	$75.74 M	$231.51 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	743	500
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

88.81%

Other

11.19%

QVMS

USA

96.26%

Other

3.74%

Sectors

RFLR

Financials

14.94%

Health Care

13.65%

Industrials

13.11%

Information Techn.

12.63%

Consumer Discreti.

9.27%

Other

36.4%

QVMS

Industrials

16.96%

Financials

16.8%

Consumer Discreti.

14.05%

Information Techn.

12.55%

Health Care

9.89%

Other

29.75%

Diversification

RFLR

Total weight of top 15 holdings out of 15

4.68%

QVMS

Total weight of top 15 holdings out of 15

8.31%

Top 15 holdings

Data as of March 31, 2026

RFLR

SM ENERGY

0.47%

US92333F1012

0.36%

TERNS PHARMACEUTICALS

0.33%

PAR PACIFIC HOLDINGS INC

0.33%

SILICON LABS

0.32%

PBF ENERGY INC (ORDINARY)

0.32%

SPIRE INC

0.30%

PLANET LABS PBC

0.30%

CNX RESOURCES CORP

0.30%

VIAVI SOLUTIONS INC

0.29%

ENERSYS

0.28%

ROBERT HALF

0.27%

CELCUITY INC

0.27%

COMMVAULT SYSTEMS

0.27%

WORKIVA INC

0.27%

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%

Frequently asked questions about RFLR and QVMS

How have the RFLR and QVMS ETFs performed in 2026?

As of April 29, 2026, RFLR is up 4.58% year-to-date (YTD), while QVMS has returned 12.34%. 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 +$32M in flows, compared to -$707K for QVMS.

Which ETF is more volatile: RFLR or QVMS?

Over the past year, RFLR had a volatility of 12.49%, while QVMS experienced 17.91%.

Which ETF is bigger: RFLR or QVMS?

As of April 29, 2026, RFLR holds $75.74 M in assets under management (AUM), while QVMS manages $231.51 M.

What sectors do the RFLR and QVMS ETFs invest in?

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

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

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

Which ETF is more diversified: RFLR or QVMS?

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

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 April 29, 2026, RFLR is up 4.58% year-to-date (YTD), while QVMS has returned 12.34%. 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 +$32M in flows, compared to -$707K for QVMS.

Which ETF is more volatile: RFLR or QVMS?

Over the past year, RFLR had a volatility of 12.49%, while QVMS experienced 17.91%.

Which ETF is bigger: RFLR or QVMS?

As of April 29, 2026, RFLR holds $75.74 M in assets under management (AUM), while QVMS manages $231.51 M.

What sectors do the RFLR and QVMS ETFs invest in?

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

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

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

Which ETF is more diversified: RFLR or QVMS?

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

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

Calamos Investments Powers the Next Phase of the Autocallable Revolution