Arrow QVM Equity Factor ETF (QVM)
Summary Prospectus
Fact Sheet
Annual Report
Semi-Annual Report
Tri-Factor Equity Investing

Arrow QVM Equity Factor ETF may not be suitable for all investors. The fund may not replicate the exact performance of the benchmark because of fees, expenses, trading costs and portfolio tracking error. Exchange traded products are bought and sold at market price, not NAV, and are not individually redeemed from the fund. Buying and selling shares generally results in brokerage commissions which will reduce returns. The market price may be higher (premium) or lower (discount) than the Net Asset Value (NAV). The fund’s portfolio may underperform the general equity markets, or other asset classes, with the potential for greater individual security risk, asset class risk, and higher industry concentration risk than more broadly diversified portfolios. The fund may invest in large-cap, mid-cap, and small-cap securities. Investing in small-cap and mid-cap securities may have special risks, including wider variations in earnings and business prospects than larger, more established companies.


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as of 04/01/2020
Product NameTickerNAVMarket Price
(Bid/Ask Midpoint)*
Expense RatioFact Sheet
Arrow Dow Jones Global Yield ETFGYLD$9.58$9.380.75%N/A
Arrow DWA Tactical ETFDWAT$8.87$8.791.69%N/A
Arrow QVM Equity Factor ETFQVM$17.37$17.390.65%N/A
Arrow Reserve Capital Management ETFARCM$99.35$99.220.42%N/A
Arrow Dogs of the World ETFDOGS$30.15$29.781.34%N/A
Arrow DWA Country Rotation ETFDWCR$20.47$19.670.95%N/A

*Bid/Ask Midpoint as of market close 4:00 p.m. ET.

Past performance is no guarantee of future results. The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Investment return and principal value will fluctuate, so that shares, when redeemed, may be worth more or less than their original cost.