XMHQInvesco S&P Midcap Quality ETF
XMHQ Fund Description
XMHQ tracks the S&P Midcap 400 Quality Index, which screens stocks based on fundamental factors and weights them using a multi-factor approach.
XMHQ Factset Analytics Insight
XMHQ is a passively-managed portfolio of 80 securities that tracks the S&P MidCap 400 Quality Index. The equities are selected based on the highest quality score, calculated by the following three equally-weighted fundamental factors: (1) return-on-equity (2) accruals ratio, and (3) financial leverage ratio. The index is being weighted by the total of its quality score multiplied by its market capitalization and is rebalanced semi-annually. Prior to June 24, 2019, the fund traded as Invesco Russell Midcap Equal Weight ETF (EQWM) and followed the Russell Midcap Equal Weight Index.
XMHQ MSCI ESG Analytics Insight
Invesco S&P Midcap Quality ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.19 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Invesco S&P Midcap Quality ETF ranks in the 30th percentile within its peer group and in the 43th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
XMHQ MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
XMHQ Summary Data
XMHQ Portfolio Data
XMHQ Index Data
XMHQ Portfolio Management
XMHQ Tax Exposures
XMHQ Fund Structure
XMHQ Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of XMHQ. XMHQ is rated a 5 out of 5.
XMHQ Sector/Industry Breakdown
XMHQ Top 10 Holdings[View All]
XMHQ Economic Development
XMHQ Performance Statistics
XMHQ MSCI ESG Ratings
XMHQ Benchmark Comparison Summary
XMHQ Benchmark Comparison Market Cap Size