QVMS ETF — Invesco S&P SmallCap 600 QVM Multi-factor ETF

Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS)

Updated October 16, 2026.

QVMS is a low-cost ETF. its distribution rate is 1.59%, its trailing-12-month yield is 1.31%, its expense ratio is 0.15%. Dividend Vision Distribution Safety Score™ is 93/100 (Safe). Total return is 38.0% over the past 5.3 years, 53.3 points behind SPY at 91.3%.

Invesco S&P SmallCap 600 QVM Multi-factor ETF tracks an index of small-cap U.S. stocks selected for their combined quality, value, and momentum characteristics, holding at least 90% of assets in index securities. The fund has a modest current distribution rate and pays dividends quarterly, with a low expense ratio. It appeals to income and value-oriented investors seeking exposure to small-cap equities with multi-factor screening.

QVMS performance versus SPY

Price and return data through 2026-10-16.

Total return is 38.0% over the past 5.3 years, 53.3 points behind SPY at 91.3%. Over the past year its total return — price change plus distributions reinvested — is 17.5%. Its deepest 1-year drawdown was 9.7%.

QVMS key facts

Distribution Safety Score™

93 · Safe

Safety-Adjusted Yield

1.48%

Issuer

Invesco

Asset type

ETF

Asset class

Equity

Inception date

06/30/2021

Expense ratio

0.15%

Distribution rate

1.59%

Distribution frequency

Quarterly

Trailing yield

1.31%

Last close

$32.00 (as of 2026-10-16)

AUM

$237,106,789

Average volume

8439.0

Dividend

$0.127

Ex-dividend date

09/21/2026

Payment date

09/25/2026

Beta

1.05

How Dividend Vision calculates yield and returns

Distribution rate (1.59%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.31%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Invesco; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

QVMS risks and drawbacks

QVMS's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 9.7%.

Who may consider QVMS — and who may not

QVMS may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (QVMS pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on QVMS

• All tickers starting with Q

Tagged: Small Caps.

Frequently asked questions

More securities from Invesco.