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Issuer
Invesco
Inception Date
Oct 9, 2015
Category
S&P 500
Leveraged
1x (No leverage)
Index Tracked
S&P 500 Quality, Value & Momentum Multi-factor Index
Domicile
United States
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend
Assets Under Management
$137M

Share Price Chart


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Performance

QVMT Performance Chart

Invesco S&P S&P 500 Concentrated QVM ETF (QVMT) is up 22.4% since the beginning of the year. QVMT is currently trading at $69 per share. Investors who bought $1,000 worth of QVMT shares 5 years ago would now be looking at an investment worth $1,902.


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S&P 500 Index

Returns By Period

Invesco S&P S&P 500 Concentrated QVM ETF (QVMT) has returned 22.44% so far this year and 38.59% over the past 12 months. Over the last ten years, QVMT has had an annualized return of 13.59%, just under the S&P 500 Index benchmark’s 13.88%.


Invesco S&P S&P 500 Concentrated QVM ETF

1D
1.34%
1M
4.77%
YTD
22.44%
6M
22.40%
1Y
38.59%
3Y*
24.07%
5Y*
13.72%
10Y*
13.59%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

QVMT Monthly Returns History

Based on dividend-adjusted daily data since Oct 9, 2015, QVMT's average daily return is +0.06%, while the average monthly return is +1.16%. At this rate, an investment would double in approximately 5.0 years.

Historically, 63% of months were positive and 37% were negative. The best month was Nov 2020 with a return of +20.2%, while the worst month was Mar 2020 at -24.8%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, QVMT closed higher 48% of trading days. The best single day was Mar 24, 2020 with a return of +12.3%, while the worst single day was Mar 16, 2020 at -12.6%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20262.85%5.98%-3.92%7.27%3.68%5.13%22.44%
20253.91%2.43%-0.57%-4.37%1.90%3.87%-2.07%7.36%0.95%-0.60%2.73%2.55%19.08%
20241.29%3.68%8.13%-3.91%1.67%-1.08%4.71%0.53%-0.48%0.14%8.37%-8.29%14.40%
20238.58%-3.67%-5.35%0.18%-5.53%7.93%5.75%-4.26%-0.88%-4.11%7.37%6.91%11.71%
20220.91%-0.75%1.26%-4.65%4.24%-11.20%6.24%-2.83%-10.16%13.85%6.36%-6.09%-5.61%
20211.60%9.01%7.82%3.82%5.04%-2.90%-1.41%2.41%-2.47%5.75%-4.09%7.10%35.27%

Benchmark Metrics

Invesco S&P S&P 500 Concentrated QVM ETF has an annualized alpha of 1.59%, beta of 0.90, and R2 of 0.60 versus S&P 500 Index. Calculated based on daily prices since October 09, 2015.

  • With beta of 0.90 and R2 of 0.60, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

Alpha
1.59%
Beta
0.90
0.60
Upside Capture
100.25%
Downside Capture
102.27%

Expense Ratio

QVMT has an expense ratio of 0.13%, which is considered low.


Return for Risk

Risk / Return Rank

QVMT ranks 91 for risk / return — in the top 91% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


QVMT Risk / Return Rank: 9191
Overall Rank
QVMT Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
QVMT Sortino Ratio Rank: 9292
Sortino Ratio Rank
QVMT Omega Ratio Rank: 8787
Omega Ratio Rank
QVMT Calmar Ratio Rank: 9393
Calmar Ratio Rank
QVMT Martin Ratio Rank: 9292
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Invesco S&P S&P 500 Concentrated QVM ETF (QVMT) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


QVMTBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+0.99

Sortino ratioReturn per unit of downside risk

+1.53

Omega ratioGain probability vs. loss probability

1.51

1.37

+0.15

Calmar ratioReturn relative to maximum drawdown

6.20

2.78

+3.42

Martin ratioReturn relative to average drawdown

21.92

12.44

+9.48

Dividends

Dividend History

Invesco S&P S&P 500 Concentrated QVM ETF provided a 2.24% dividend yield over the last twelve months, with an annual payout of $1.55 per share.


0.50%1.00%1.50%2.00%2.50%3.00%$0.00$0.20$0.40$0.60$0.80$1.00$1.20$1.4020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$1.55$1.38$1.33$1.35$1.02$1.02$0.91$0.86$0.76$0.82$0.33$0.14

Dividend yield

2.24%2.42%2.71%3.05%2.49%2.31%2.70%2.23%2.48%2.37%1.11%0.54%

Monthly Dividends

The table displays the monthly dividend distributions for Invesco S&P S&P 500 Concentrated QVM ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.34$0.00$0.00$0.18$0.52
2025$0.00$0.00$0.35$0.00$0.00$0.32$0.00$0.00$0.36$0.00$0.00$0.35$1.38
2024$0.00$0.00$0.33$0.00$0.00$0.31$0.00$0.00$0.35$0.00$0.00$0.35$1.33
2023$0.00$0.00$0.37$0.00$0.00$0.26$0.00$0.00$0.36$0.00$0.00$0.36$1.35
2022$0.00$0.00$0.23$0.00$0.00$0.27$0.00$0.00$0.27$0.00$0.00$0.25$1.02
2021$0.00$0.00$0.25$0.00$0.00$0.20$0.00$0.00$0.26$0.00$0.00$0.31$1.02

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Invesco S&P S&P 500 Concentrated QVM ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Invesco S&P S&P 500 Concentrated QVM ETF was 48.05%, occurring on Mar 23, 2020. Recovery took 231 trading sessions.


Related event

Drawdown

Fall

Recovery

Underwater

COVID crash2020
-48.05%Mar 2020
2mo 20d11mo 6d
1y 1moJan 2020 - Feb 2021
Bear market2022
-21.95%Sep 2022
8mo 15d1y 3mo
1y 11moJan 2022 - Jan 2024
Rate-hike selloffLate 2018
-20.29%Dec 2018
10mo 28d7mo 2d
1y 5moJan 2018 - Jul 2019
2016 correction2016
-15.30%Jan 2016
1mo 17d6mo
7mo 17dDec 2015 - Jul 2016
2025 selloff2025
-14.42%Apr 2025
4mo 13d4mo 14d
8mo 27dNov 2024 - Aug 2025

Drawdown Indicators


QVMTBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-48.05%

-56.78%

+8.73%

Max Drawdown (1Y)

Largest decline over 1 year

-6.25%

-9.10%

+2.85%

Max Drawdown (3Y)

Largest decline over 3 years

-14.42%

-18.90%

+4.48%

Max Drawdown (5Y)

Largest decline over 5 years

-21.95%

-25.43%

+3.48%

Max Drawdown (10Y)

Largest decline over 10 years

-48.05%

-33.92%

-14.13%

Current Drawdown

Current decline from peak

0.00%

-1.80%

+1.80%

Average Drawdown

Average peak-to-trough decline

-6.31%

-10.71%

+4.40%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.77%

2.03%

-0.26%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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