ADPV vs. VFLO ETF Comparison

Comparison of Adaptiv Select ETF (ADPV) to VictoryShares Free Cash Flow ETF (VFLO)

ADPV

Adaptiv Select ETF

ADPV Description

To achieve its investment objective of long-term capital appreciation, the fund will invest substantially all of its net assets in a portfolio of publicly-listed equity securities of U.S. large capitalization companies during broad U.S. equity market uptrends. The fund will primarily own common stocks, but may also invest in equity securities of REITS to the extent such REITS are among the 1,000 largest capitalized U.S.-listed stocks. It is non-diversified.

Grade (RS Rating)

Last Trade

$30.02

Average Daily Volume

11,133

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

VFLO

VictoryShares Free Cash Flow ETF

VFLO Description

Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its assets in securities in the index. The index provider constructs the index in accordance with a rules-based methodology that selects 50 companies from the S-Network US Equity Large/Mid-Cap 1000 Index. The fund generally seeks to track the returns of the index before fees and expenses by employing a replication strategy that seeks to hold all the stocks in the index.

Grade (RS Rating)

Last Trade

$31.12

Average Daily Volume

179,809

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	ADPV	VFLO
30 Days	-3.61%	-0.50%
60 Days	7.74%	0.35%
90 Days	-0.15%	-2.20%
12 Months	25.47%

2 Overlapping Holdings

	Symbol	Grade	Weight in ADPV	Weight in VFLO	Overlap
	NRG	B	5.06%	3.04%	3.04%
	VST	C	7.97%	3.11%	3.11%

ADPV Overweight 8 Positions Relative to VFLO

	Symbol	Grade	Weight
	VRT	D	6.82%
	APP	B	5.84%
	CNM	C	5.08%
	KD	B	4.86%
	HOOD	B	4.32%
	NTNX	D	4.15%
	KEY	D	3.9%
	OWL	C	3.82%

ADPV Underweight 8 Positions Relative to VFLO

	Symbol	Grade	Weight
	XOM	D	-5.06%
	CI	C	-3.92%
	CNC	D	-3.39%
	ELV	B	-3.32%
	CVX	C	-3.3%
	LEN	D	-3.2%
	QCOM	B	-3.12%
	CVS	C	-2.55%

ADPV: Top Represented Industries & Keywords

Industries: Software - Infrastructure Utilities - Independent Power Producers Asset Management Banks - Regional - US Conglomerates Industrial Distribution Information Technology Services Software - Application

Keywords: Computing S&P 500 Cloud Computing Cloud Infrastructure Cloud Storage Electricity Retail Electricity Asset Management Services Bank Banking Banking Services Brokerage Building Engineering Business Advisory Services Capital Solutions Cash Management Cash Management Services Cloud Platform Cloud Services Commercial Bank

VFLO: Top Represented Industries & Keywords

Industries: Health Care Plans Oil & Gas Integrated Utilities - Independent Power Producers Residential Construction Semiconductors

Keywords: S&P 500 Medicare Natural Gas Commodity Petrochemicals Crude Oil Electricity Formulary Health Services Insurance Managed Care Medicaid Medicare Part D Network Management Petroleum Petroleum Products Pharmacy Network Management Pharmacy Services Plastic Prescription Drugs Retail Electricity