QVM — Arrow QVM Equity Factor ETF
Data updated: 2020-12-23
QVM — Arrow QVM Equity Factor ETF. United States Value Equity · $5.08M AUM · 0.65% expense ratio. Holdings, fees, performance and SEC filings.
QVM Fund Overview
QVM — Arrow QVM Equity Factor ETF is a US ETF managed by Arrow Investments Trust, categorised as United States Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Arrow Investments Trust
- Category: United States Value Equity
- Assets under management: $5.08M
- Ticker: QVM
- SEC CIK: 0001527428
- SEC series ID: S000047617
- Share class ID: C000149471
QVM Investment Objective and Strategy
Arrow QVM Equity Factor ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Arrow Investments Trust.
Investment objective
Arrow QVM Equity Factor ETF (the Fund) seeks to replicate investment results that generally correspond, before fees and expenses, to the price and yield performance of AI Quality Value Momentum Index.
Principal investment strategy
The Fund generally will invest at least 80% of its total assets in common stocks that comprise the AI Quality Value Momentum Index (the Index). Arrow Insights (index provider) selects common stocks pursuant to a proprietary selection methodology that is designed to identify Tri-Factor 50, the leaders with the strongest fundamental performance characteristics. To qualify for the universe of Tri-Factor 50, an issuer must be highly ranked by the selection methodology among the following factors: profitability, consistency of earnings, dividend yield, price to earnings, management confidence, and long term performance. The Index is equally weighted, reconstituted in January and July, and rebalanced quarterly. The Fund may concentrate its investments in a particular industry or group of industries to the extent that the Index concentrates in an industry or group of industries.
These industries are expected to include, but not be limited to, financial, utilities and consumer goods.
QVM Costs and Fees
QVM costs about $65 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.65%
- Gross expense ratio: 2.31%
- Portfolio turnover: 97%
- Brokerage commissions: 9.23 bps of average net assets (SEC N-CEN)
QVM Cashflows
Over the 12 months to 2020-10, Arrow QVM Equity Factor ETF had net inflows of $4.58M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2020-10 | $0 |
| 2020-09 | $0 |
| 2020-08 | $0 |
| 2020-07 | $0 |
| 2020-06 | $0 |
| 2020-05 | $3.11M |
QVM Debt Constituents
No individual debt constituents are reported in Arrow QVM Equity Factor ETF's latest SEC N-PORT filing.
QVM Prospectus and SEC Filings
Official Arrow QVM Equity Factor ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-06-18
- Prospectus (485BPOS) — filed 2019-06-20
- Prospectus (485BPOS) — filed 2018-06-20
- Portfolio holdings (N-PORT) — filed 2020-12-23
- Portfolio holdings (N-PORT) — filed 2020-09-28
- Portfolio holdings (N-PORT) — filed 2020-06-26
- Annual census (N-CEN) — filed 2020-04-15
- Annual census (N-CEN) — filed 2019-04-15
Related Funds
Other United States Value Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.