QVMT

Issuer

Invesco

Inception

2015-10-09

Exchange

AMEX

CUSIP

46138E396

Structure

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Benchmark

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Leverage

1x

Reset

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The Invesco S&P 500 Concentrated QVM ETF (SPVU) employs a highly aggressive, value-oriented investment strategy within the S&P 500 universe. It constructs a portfolio of 100 S&P 500 constituents, specifically selecting those with the highest value scores. These scores are rigorously computed using a combination of book-to-price, earnings-to-price, and sales-to-price ratios. The weighting of chosen stocks within the ETF is based on their individual value scores, proportionally adjusted by their market capitalization. This selective approach often leads to a portfolio characterized by significant sector concentrations and a general inclination towards smaller-capitalization companies. By exclusively targeting the top quintile of value stocks, SPVU’s methodology inherently results in distinctive, high-conviction allocations, deliberately bypassing companies that sit closer to the middle of the investment style spectrum. The underlying index undergoes a semi-annual reconstitution and rebalancing process.

Reported net asset value

$64.09

NAV provider updated

2026-10-30 UTC

Premium / discount

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Median spread · 30D

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Average volume · 30D

6.2K

Shares outstanding

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Options

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TTM distribution yield

1.7%

30-day SEC yield

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Frequency

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Latest ex-date

2026-09-21

Distribution yield and SEC yield use different methodologies. Payouts may include income, capital gains, or return of capital.

Net expense ratio

0.13%

Gross expense ratio

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Management fee

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Annual cost per $10,000

$13.00

Estimated annual expense excludes trading costs and assumes constant assets. Fee waivers and fund costs can change.

Our risk indicator

4/5 · rule-based

Annualized volatility · 1Y

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Beta vs VOO · 1Y

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Maximum drawdown · 1Y

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Historical risk measures describe past behavior and do not predict future returns.