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RVERvsQOWZETF Comparison

ETF 1
RVER

Trenchless Fund ETF

This fund is part of
US Multi-Factor
+1.32%
VS
ETF 2
QOWZ

Invesco Nasdaq Free Cash Flow Achievers ETF

This fund is part of
US Multi-Factor
+1.32%

Trenchless Fund ETF (RVER) and Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ) belong to the same industry segment: US Multi-Factor. RVER's top 3 sector exposures are Technology, Industrials and Non-Energy Materials. In contrast, QOWZ's top sector exposures are Technology, Business Services and Healthcare. RVER is more expensive with a Total Expense Ratio (TER) of 0.66%, versus 0.39% for QOWZ. RVER is up 7.8% year-to-date (YTD) with +$17M in YTD flows. QOWZ performs worse with -2.18% YTD performance, and -$2M in YTD flows. Run a side-by-side ETF comparison of RVER and QOWZ 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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RVER vs QOWZ performance and flow charts

Performance

-8.0-6.0-4.0-2.00.02.04.0%Jun 30Jul 7Jul 14Jul 21Jul 28

Cumulative Flows

05,000,00010,000,000Jun 30Jul 7Jul 14Jul 21Jul 28

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Historic performance and flows
Data as of 07/30/2026
1M3MYTD1Y3Y5Y
Perf.
RVER
QOWZ
-4.72%+2.93%
+11.17%+5.94%
+7.80%-2.18%
+8.30%-3.68%
n/an/a
n/an/a
Flows
RVER
QOWZ
-$1M-
-$4M-$2M
+$17M-$2M
+$36M-$3M
--
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
RVER
QOWZ
+28.26%+16.70%
+24.08%+15.77%
n/an/a
n/an/a
Max drawdown
RVER
QOWZ
-14.77%-8.53%
-21.55%-17.83%
n/an/a
n/an/a
Max drawdown duration
RVER
QOWZ
58d59d
231d275d
n/an/a
n/an/a
Trading data

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RVER
QOWZ
Last sale
7/31/2026 at 1:30 PM
$33.67
$35.33
Previous close
07/30/2026
$33.35
$34.99
Consolidated volume
07/30/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of June 30, 2026
1-year trailing difference

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RVER
is actively managed and doesn’t replicate an index

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RVER
QOWZ
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 7/31/2026 at 1:30 PM
Live
Closed
RVER
QOWZ
Last price
$33.67
$35.33
1D performance
+0.96%
+0.97%
AuM$133.07 M$11.89 M
E/R0.66%0.39%
Characteristics
RVER
QOWZ
Management strategyActivePassive
ProviderR1VER Asset ManagementInvesco
Benchmark-Nasdaq US Free Cash Flow Achievers Index
N° of holdings1850
Asset class-Equities
Trailing 12m distribution yield
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Inception dateApril 3, 2024December 5, 2023
ESGNoNo
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Exposure

Countries

RVER
USA
87.26%
Other
12.74%
QOWZ
USA
98.36%
Other
1.64%

Sectors

RVER
Technology
42.61%
Industrials
13.43%
Non-Energy Materi.
10.78%
Energy
10.1%
Healthcare
7.11%
Other
15.97%
QOWZ
Technology
52.17%
Business Services
12.42%
Healthcare
10.77%
Industrials
10.09%
Other
14.55%
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Diversification

RVER

Total weight of top 15 holdings out of 15

81.19%
QOWZ

Total weight of top 15 holdings out of 15

51.82%

Top 15 holdings

Data as of June 30, 2026
RVER
NVIDIA Corp.
11.00%
Hewlett Packard Enterprise Co.
7.52%
ImmunityBio, Inc.
7.11%
EQT Corp.
7.11%
Broadcom Inc.
5.78%
Uber Technologies, Inc.
4.97%
Meta Platforms, Inc.
4.92%
First Solar, Inc.
4.90%
Palo Alto Networks, Inc.
4.83%
Snowflake, Inc.
4.35%
ServiceNow, Inc.
4.21%
Coeur Mining, Inc.
4.15%
Fluence Energy, Inc.
3.56%
Royal Gold, Inc.
3.55%
SoFi Technologies, Inc.
3.23%
QOWZ
NVIDIA Corp.
9.53%
Broadcom Inc.
6.33%
KLA Corp.
4.87%
Mastercard, Inc.
4.58%
Fortinet, Inc.
3.03%
Cadence Design Systems, Inc.
2.80%
Automatic Data Processing, Inc.
2.67%
Salesforce, Inc.
2.66%
Republic Services, Inc.
2.52%
ServiceNow, Inc.
2.37%
Adobe, Inc.
2.19%
Intuit, Inc.
2.15%
Monolithic Power Systems, Inc.
2.11%
IDEXX Laboratories, Inc.
2.05%
Roper Technologies, Inc.
1.96%
Frequently asked questions about RVER and QOWZ

How have the RVER and QOWZ ETFs performed in 2026?

As of July 30, 2026, RVER is up 7.8% year-to-date (YTD), while QOWZ has lost -2.18%. That puts RVER better performer ahead so far this year.

Which ETF is attracting more investor money: RVER or QOWZ?

Year-to-date, the RVER ETF saw +$17M in flows, compared to -$2M for QOWZ.

Which ETF is more volatile: RVER or QOWZ?

Over the past year, RVER had a volatility of 24.08%, while QOWZ experienced 15.77%.

Which ETF is bigger: RVER or QOWZ?

As of July 30, 2026, RVER holds $133.07 M in assets under management (AUM), while QOWZ manages $11.89 M.

What sectors do the RVER and QOWZ ETFs invest in?

RVER leans toward sectors like Technology, Industrials and Non-Energy Materials. Meanwhile, QOWZ focuses on Technology, Business Services and Healthcare.

What are the top holdings of the RVER ETF and QOWZ ETF?

RVER top holdings include NVIDIA Corp., Hewlett Packard Enterprise Co. and ImmunityBio, Inc.. QOWZ holds in its top three: NVIDIA Corp., Broadcom Inc. and KLA Corp..

Which ETF is more diversified: RVER or QOWZ?

RVER holds 18 securities with 81.19% of its assets in the top 15. QOWZ has 50 securities and a top 15 weight of 51.82%.

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