Summary
Invesco S&P 500 Concentrated QVM ETF is an ETF - a fund traded on an exchange like a stock - run by Invesco. Positions inside: 102. The ten largest make up 42% of the fund.
- Yearly costs
- 0.13%
- Fund size
- $123.5M
- Positions
- 102
- Dividend yield
- 1.77%
- Running since
- 2015
What speaks for it
- Costs of 0.13% a year are below the middle of comparable funds (0.44%).
- It has been running since 2015.
What to watch
- 98% of the fund is in one country (United States).
- It trades little: only about $552.6K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -6.1%
- 3 months
- -6.4%
- Avg. market cap
- $542.4B
- P/E
- 15.3x
- Forward P/E
- 13.6x
- P/S
- 1.5x
- P/B
- 3.5x
- P/FCF
- 12.9x
- EV/EBITDA
- 11.0x
- Dividend yield
- 1.56%
- ROIC
- 25.0%
- ROE
- 52.1%
- Gross margin
- 41.1%
- Operating margin
- 23.4%
- Net margin
- 22.1%
- Payout ratio
- 23.9%
- Net debt/EBITDA
- 0.5x
- Beta
- 0.86
Weighted average of the 50 largest companies, which make up 85% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 XOExxon Mobil XOM 6.1%
- 2 AAApple AAPL 6.0%
- 3 GEGE Vernova GEV 4.6%
- 4 CSCisco CSCO 4.6%
- 5 SNSandisk SNDK 4.0%
- 6 LRLam Research LRCX 4.0%
- 7 CACaterpillar CAT 3.8%
- 8 WDWestern Digital WDC 3.0%
- 9 KLKLA KLAC 2.8%
- 10 NENewmont NEM 2.6%
Positions in the fund: 102. The ten largest make up 42% of it.
Composition as of Oct 31, 2026.
Where is it spread?
One countryBy country
- United States 98%
- Switzerland 1.8%
By company size
- Mega cap 32%
- Large cap 67%
- Mid cap 0.3%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest country: United States (98%). Largest size group: Large cap (67%).
What does it cost me?
Cheap- A year from $10,000
- $13.00
- Over 20 years
- $649
From every $10,000 invested the fund takes $13.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $649.
How has it done?
- Deepest drop
- -12%
It has traded for less than a year, too short to judge.
Does it pay dividends?
Yes, it pays out- Yield
- 1.77%
- Payments a year
- 4
- Last payment
- $0.22
Over the last 12 months it paid $1.09 per share, which is 1.77% of today's price. The last payment was $0.22 on Sep 21, 2026.
Is it easy to buy and sell?
It trades little- Traded a day
- $552.6K
- Shares a day
- 9.0K
On an average day about $552.6K of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 15.3
- Average Bulios Score
- 71 out of 100
Weight by Bulios Fair Price
- Undervalued 29%
- Fairly valued 12%
- Overvalued 59%
On average the companies inside trade for 15.3 times their yearly profit. By Fair Price, 59% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 85% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
PQ PQVM.MI Invesco S&P 500 QVM UCITS ETF | Ireland | 0.35% | $61.5M | +13% | Pays out | 95% |
QV QVMP.DE Invesco S&P 500 QVM UCITS ETF | Ireland | 0.35% | $84.0M | +12% | Pays out | 95% |
SP SPHQ Invesco S&P 500 Quality ETF | United States | 0.20% | $18.5B | +15% | Pays out | 40% |
SP SPVM Invesco S&P 500 Value with Momentum ETF | United States | 0.44% | $141.4M | +21% | Pays out | 32% |
QD QDVA.DE iShares Edge MSCI USA Momentum Factor UCITS ETF | Ireland | 0.20% | $605.2M | +11% | Reinvests | 31% |
SP SPMO Invesco S&P 500 Momentum ETF | United States | 0.13% | $14.1B | +10% | Pays out | 31% |
