QQQN vs. VSMV ETF Comparison

Comparison of VictoryShares Nasdaq Next 50 ETF (QQQN) to VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV)

QQQN

VictoryShares Nasdaq Next 50 ETF

QQQN Description

The investment seeks to provide investment results that track the performance of the Nasdaq Q-50 Index before fees and expenses. The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities in the index. The index is composed of the 50 largest nonfinancial domestic and international companies listed on The Nasdaq Stock Market based on market capitalization after excluding the companies included in the Nasdaq-100 Index.

Grade (RS Rating)

Last Trade

$28.19

Average Daily Volume

7,370

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VSMV

VictoryShares US Multi-Factor Minimum Volatility ETF

VSMV Description

The investment seeks to provide investment results that track the performance of the Nasdaq Victory US Multi-Factor Minimum Volatility Index before fees and expenses. The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets in securities included in the Nasdaq Victory US Multi-Factor Minimum Volatility Index (the index). The index utilizes a rules-based approach designed to generate investment returns with less volatility than the broader U.S. market.

Grade (RS Rating)

Last Trade

$44.37

Average Daily Volume

6,238

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QQQN	VSMV
30 Days	-2.32%	0.79%
60 Days	-4.15%	0.02%
90 Days	0.39%	1.67%
12 Months	15.39%	13.85%

5 Overlapping Holdings

Symbol	Grade	Weight in QQQN	Weight in VSMV	Overlap
AKAM	D	1.71%	1.56%	1.56%
FOXA	B	0.87%	0.73%	0.73%
NTAP	B	2.45%	2.09%	2.09%
SSNC	C	1.73%	0.74%	0.74%
ULTA	F	2.18%	0.97%	0.97%

QQQN Overweight 42 Positions Relative to VSMV

Symbol	Grade	Weight
MPWR	B	3.9%
SMCI	D	3.73%
TSCO	B	3.3%
EBAY	D	2.91%
ICLR	D	2.89%
AXON	B	2.72%
WDC	B	2.62%
ALGN	F	2.45%
STLD	D	2.43%
PTC	D	2.38%
FSLR	B	2.32%
DKNG	D	2.24%
ENTG	D	2.24%
ALNY	D	2.17%
TER	B	2.09%
STX	C	2.08%
HOLX	D	2.03%
CHKP	D	2.0%
JBHT	F	1.94%
UAL	B	1.92%
VRSN	F	1.92%
ZM	F	1.8%
ENPH	F	1.76%
BMRN	F	1.76%
BIDU	C	1.74%
OKTA	D	1.73%
NDSN	C	1.72%
BSY	A	1.72%
EXPE	F	1.71%
NTNX	A	1.71%
SWKS	F	1.68%
NBIX	B	1.59%
POOL	F	1.58%
VTRS	C	1.58%
SNY	B	1.52%
MANH	D	1.47%
PODD	C	1.38%
INCY	D	1.37%
RIVN	F	1.11%
NWSA	D	1.05%
FOX	B	0.79%
NWS	D	0.55%

QQQN Underweight 61 Positions Relative to VSMV

Symbol	Grade	Weight
MSFT	C	-9.68%
AAPL	B	-8.77%
JNJ	F	-3.66%
MRK	B	-3.65%
WMT	C	-3.63%
ABBV	D	-3.37%
LMT	A	-3.35%
KMB	B	-3.23%
WM	B	-3.17%
RSG	C	-3.06%
UNH	C	-3.01%
CVX	B	-2.72%
GOOGL	B	-2.66%
HSY	B	-2.52%
AFL	A	-2.47%
CTSH	D	-2.38%
FAST	D	-2.28%
CSCO	D	-2.21%
LDOS	A	-1.76%
EG	C	-1.67%
TXT	D	-1.58%
GD	A	-1.57%
WRB	D	-1.49%
DECK	D	-1.46%
SNA	D	-1.46%
BMY	F	-1.34%
KMI	A	-1.3%
KR	B	-1.22%
UNM	B	-0.81%
MUSA	D	-0.8%
NYT	B	-0.7%
SAIC	C	-0.68%
CSX	D	-0.36%
TXRH	B	-0.32%
SKX	B	-0.3%
CAH	F	-0.29%
CNM	A	-0.27%
CHRD	B	-0.27%
OC	B	-0.27%
VRSK	B	-0.26%
COKE	B	-0.26%
CSL	A	-0.26%
EOG	B	-0.26%
CNC	C	-0.25%
PRU	A	-0.25%
V	C	-0.25%
TROW	D	-0.24%
VLO	D	-0.24%
MA	D	-0.24%
NVR	D	-0.24%
MAT	D	-0.24%
CI	D	-0.24%
EXPD	D	-0.24%
UFPI	C	-0.24%
TGT	D	-0.23%
CMCSA	D	-0.23%
HD	D	-0.23%
CLX	F	-0.23%
MPC	D	-0.23%
BLD	D	-0.23%
THO	D	-0.22%