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Upturn AI Summary
Invesco Exchange-Traded Fund Trust II - Invesco S&P MidCap 400 QVM Multi-factor ETF(QVMM)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for QVMM
11/06/2026: QVMM (2-star) is currently NOT-A-BUY. Pass it for now.
Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM) provides exposure to mid-sized U.S. companies selected for their positive quality, value, and momentum characteristics. By combining these three distinct investment factors, the fund seeks to improve risk-adjusted performance compared to traditional market-cap-weighted indices. Its primary strengths lie in its systematic, rules-based approach to security selection, offering a disciplined alternative for mid-cap exposure. However, investors should be aware of its relatively higher expense ratio and lower liquidity compared to massive index-tracking funds, as well as the inherent volatility associated with mid-cap equities. It is best suited for long-term investors who understand factor investing and wish to diversify their equity holdings away from pure large-cap market-weighted benchmarks.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | While it includes growth-oriented momentum, it is not a pure-play growth fund. |
| Momentum investor | Strong fit while signal remains positive | The momentum factor is a core component of the fund's strategy. |
| Value investor | Strong fit | The value factor is specifically screened to target companies with attractive valuations. |
| Dividend/Income investor | Mixed fit | The fund is not specifically managed for yield, though some constituent stocks may pay dividends. |
| Low-risk investor | Weak fit | Mid-cap equities carry higher volatility and risk than large-cap or fixed-income alternatives. |
Investor Profile
Ideal Investor Profile
The ideal investor is an experienced portfolio builder seeking to diversify their mid-cap holdings using a rules-based, multi-factor approach.
Suitability
QVMM is best suited for long-term investors looking to tilt their portfolios toward high-quality, value-oriented mid-cap stocks rather than for short-term tactical trading.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | Medium / high | Mid-cap stocks are inherently more volatile than their large-cap counterparts. |
| Market risk | Medium / high | The fund's performance is tied to the broader U.S. mid-cap equity market. |
| Concentration | Medium | While broad in sector exposure, the factor-based selection may lead to temporary sector tilts. |
| Tracking/expense | Low | The fund effectively manages tracking error to its stated benchmark. |
| Liquidity | Medium | Lower trading volumes relative to massive ETFs may increase the cost of entering or exiting large positions. |
| Business/sector quality | Medium | The quality screen attempts to mitigate poor business performance but cannot eliminate systemic sector-wide downturns. |
Risk Analysis
Volatility
QVMM experiences moderate-to-high volatility consistent with mid-cap equity risk profiles.
Market Risk
As an equity fund, QVMM is subject to systematic risk and the cyclical nature of the U.S. mid-cap market.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Market capitalization | US Mid-Cap Equities | 98.5 | This provides core exposure to established mid-sized U.S. companies that have historically balanced growth potential and stability. |
| Cash/collateral | Cash and Cash Equivalents | 1.5 | A small portion of the fund is held in cash to manage liquidity and daily transaction requirements. |
Price Behavior
Steady Uptrend
The stock demonstrates consistent and steady upward price momentum.
Very Smooth
The stock has followed a highly orderly price path with minimal short-term disruption.
Analysis of Past Performance
Type ETF | Historic Profit 21.27% | Avg. Invested days 68 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | ETF Returns Performance  4.0 |
| Profits based on simulation | Last Close 11/06/2026 |
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