QVMS
Invesco S&P SmallCap 600 QVM Multi-factor ETF
SMB
Adj. R2
0.974
Rel. Sharpe
1.218
Mkt beta
0.98
AUM
US$217M
MER
0.15%
Valuation
131
ETF comparison
Verified factor-similar pair
QVMS vs XJH
These two ETFs meet the same FF6 US comparison criteria: US-listed equity ETFs, the same USD model basis, at least one material non-market factor, and 100% overlap in statistically significant material factor exposure.
SMB
Similarity score
83
Verified similar
The score combines exposure-level distance, factor-vector shape, market-beta closeness, and a small backtested relative-Sharpe term.
Quick Read
- QVMS has the higher backtested relative Sharpe (1.218 vs 0.705).
- XJH has the lower published fee (0.12% vs 0.15%).
- XJH is cheaper on dividend valuation (117 vs 131, where 100 is each fund's historical median).
- QVMS has the stronger regression fit (adjusted R-squared 0.974 vs 0.942).
These are screening signals, not a complete review of portfolio construction, turnover, taxes, or trading quality.
XJH
iShares ESG Select Screened S&P Mid-Cap ETF
SMB
Adj. R2
0.942
Rel. Sharpe
0.705
Mkt beta
1.02
AUM
US$362M
MER
0.12%
Valuation
117
Factor Exposure Match
Blue bars compare raw factor beta magnitude. Green bars compare absolute t-stat strength. Dim bars indicate the t-stat is below 1.96.
SMB
diff +0.47
HML
diff +0.04
RMW
diff +0.01
CMA
diff +0.02
UMD
diff +0.07
Why This Pair Matches
Exposure level
80
Exposure shape
99
Mkt beta diff
0.03
Rel. Sharpe diff
0.514
This comparison focuses on measured factor exposure. It does not compare holdings methodology, turnover, tax handling, or issuer process. Backtested relative Sharpe is a secondary signal rather than a stand-alone forecast. See methodology.
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