AFSM vs. SFLO ETF Comparison

Comparison of Active Factor Small Cap ETF (AFSM) to VictoryShares Small Cap Free Cash Flow ETF (SFLO)

AFSM

Active Factor Small Cap ETF

AFSM Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by small capitalization companies. The manager defines small capitalization companies as those that, at the time of investment, have a market capitalization between a minimum of $250 million and the maximum market capitalization of a widely recognized index of small capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$32.19

Average Daily Volume

15,699

Number of Holdings ^*

295

* may have additional holdings in another (foreign) market

SFLO

VictoryShares Small Cap Free Cash Flow ETF

SFLO 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 and at least 80% of its assets in equity securities with small market capitalizations. The index is designed to deliver exposure to equity securities of U.S. issuers within the Parent Index that have high free cash flow yields.

Grade (RS Rating)

Last Trade

$27.60

Average Daily Volume

38,531

Number of Holdings ^*

188

* may have additional holdings in another (foreign) market

Performance

Period	AFSM	SFLO
30 Days	5.15%	3.26%
60 Days	4.94%	3.48%
90 Days	5.47%	2.69%
12 Months	31.74%

55 Overlapping Holdings

Symbol	Grade	Weight in AFSM	Weight in SFLO	Overlap
AGX	B	0.25%	1.19%	0.25%
ALKS	C	0.93%	0.86%	0.86%
AMR	C	0.39%	0.62%	0.39%
ANDE	D	0.04%	0.82%	0.04%
ANF	F	0.82%	0.85%	0.82%
ANIP	F	0.37%	0.31%	0.31%
ASC	F	0.19%	0.55%	0.19%
ATEN	A	0.05%	0.28%	0.05%
ATGE	B	0.32%	0.58%	0.32%
BELFB	C	0.53%	0.19%	0.19%
CAL	F	0.36%	0.44%	0.36%
CALM	A	0.72%	1.26%	0.72%
CCRN	F	0.26%	0.26%	0.26%
CEIX	A	0.67%	1.08%	0.67%
CHRD	D	0.11%	1.11%	0.11%
COLL	F	0.04%	0.87%	0.04%
CPRX	C	0.93%	0.67%	0.67%
CWCO	C	0.13%	0.06%	0.06%
DAKT	C	0.86%	0.54%	0.54%
DDS	B	0.44%	1.75%	0.44%
DNOW	B	0.29%	0.64%	0.29%
GMS	B	0.6%	0.67%	0.6%
HCC	B	0.27%	0.5%	0.27%
HDSN	F	0.22%	0.06%	0.06%
HLX	B	0.22%	0.38%	0.22%
HRB	D	0.44%	0.64%	0.44%
HRMY	F	0.36%	0.61%	0.36%
HSII	B	0.64%	0.28%	0.28%
HY	D	0.16%	0.19%	0.16%
INSW	F	0.2%	1.13%	0.2%
JBI	F	0.03%	0.33%	0.03%
KBH	D	0.52%	0.57%	0.52%
LBRT	D	0.03%	0.49%	0.03%
LPG	F	0.32%	0.82%	0.32%
METC	C	0.14%	0.51%	0.14%
MLI	B	1.38%	1.27%	1.27%
NX	C	0.21%	0.45%	0.21%
OSCR	D	0.11%	0.41%	0.11%
PCRX	C	0.13%	1.18%	0.13%
PGNY	F	0.03%	0.33%	0.03%
PHIN	A	0.28%	0.57%	0.28%
PLAB	C	0.43%	0.85%	0.43%
POWL	C	0.7%	0.66%	0.66%
PRGS	A	0.38%	0.53%	0.38%
SIGA	F	0.21%	0.25%	0.21%
STNG	F	0.15%	1.21%	0.15%
STRL	A	0.84%	1.02%	0.84%
TCMD	B	0.29%	0.1%	0.1%
TEX	F	0.47%	0.93%	0.47%
TMHC	C	0.7%	0.89%	0.7%
TNC	D	0.18%	0.45%	0.18%
TPH	D	0.07%	0.83%	0.07%
TWI	F	0.3%	0.18%	0.18%
WFRD	D	0.42%	0.41%	0.41%
YOU	D	0.37%	0.88%	0.37%

AFSM Overweight 240 Positions Relative to SFLO

Symbol	Grade	Weight
SKYW	B	1.22%
NHC	C	1.2%
IDCC	B	1.17%
SFM	A	1.0%
PFBC	B	0.87%
CRS	B	0.87%
ZETA	D	0.81%
FIX	A	0.79%
EME	A	0.79%
MHO	D	0.78%
JXN	C	0.78%
CVLT	B	0.74%
MTG	C	0.73%
BCC	C	0.72%
HALO	F	0.7%
UVE	B	0.7%
TBBK	C	0.7%
RDN	D	0.7%
SANM	B	0.67%
MCY	A	0.65%
SLVM	B	0.65%
SLG	B	0.65%
AROC	A	0.64%
BMI	B	0.63%
COOP	B	0.63%
CRVL	B	0.62%
HWKN	B	0.61%
FDP	B	0.61%
GMED	A	0.61%
REZI	A	0.6%
UFPT	C	0.6%
PLUS	F	0.59%
NTB	B	0.58%
PRK	B	0.58%
EGBN	B	0.57%
NHI	D	0.57%
CORT	B	0.57%
NMIH	C	0.56%
SUPN	C	0.56%
BTU	B	0.55%
TGNA	B	0.55%
OFG	B	0.54%
BXC	B	0.54%
CHCO	B	0.54%
CVNA	B	0.53%
STBA	B	0.53%
DOLE	D	0.53%
BRBR	A	0.52%
AMWD	C	0.52%
HIMS	C	0.51%
COKE	C	0.51%
MUSA	B	0.51%
GEO	B	0.51%
PI	D	0.5%
APPF	B	0.49%
WT	A	0.49%
ACT	C	0.49%
PRDO	B	0.47%
DFIN	D	0.46%
CSWI	B	0.46%
PINC	B	0.46%
USLM	A	0.43%
LNTH	D	0.43%
RMR	F	0.42%
IESC	C	0.41%
LGND	C	0.41%
YMAB	F	0.41%
EVER	D	0.41%
QTWO	A	0.4%
ADUS	D	0.4%
BDC	C	0.39%
INMD	C	0.38%
WNC	C	0.38%
VRNT	C	0.38%
M	F	0.37%
RDNT	B	0.37%
MATX	C	0.37%
SIG	B	0.37%
APOG	C	0.37%
TILE	B	0.37%
BPMC	B	0.36%
CRAI	C	0.36%
LOPE	C	0.36%
MD	C	0.36%
LRN	A	0.36%
BLBD	D	0.36%
IIPR	D	0.36%
HIW	C	0.35%
CNXN	C	0.35%
CASH	B	0.35%
ESNT	F	0.34%
PDM	D	0.34%
MOG.A	B	0.34%
TRMK	C	0.34%
MTH	D	0.34%
CMC	B	0.33%
FBP	C	0.33%
ATKR	D	0.33%
PBF	D	0.32%
PFS	B	0.32%
CUZ	B	0.31%
SCS	C	0.31%
IBOC	B	0.31%
SPNS	F	0.3%
DXC	B	0.3%
CNK	C	0.3%
GRBK	D	0.3%
RXST	F	0.3%
BHE	C	0.29%
AKR	B	0.29%
CRDO	B	0.29%
HURN	C	0.29%
SBRA	C	0.29%
ODP	F	0.29%
ADMA	B	0.28%
VIRT	A	0.28%
BKE	B	0.28%
ASO	F	0.28%
HUBG	A	0.28%
THFF	B	0.28%
AZZ	A	0.27%
MEDP	D	0.27%
AVNS	F	0.27%
SXC	A	0.27%
ITCI	C	0.27%
BNL	C	0.27%
PSN	D	0.27%
ABG	C	0.26%
INTA	B	0.26%
BKU	A	0.26%
PRG	C	0.26%
VRNS	D	0.26%
HCI	C	0.26%
BKH	A	0.26%
PIPR	A	0.25%
GNK	D	0.25%
GIII	D	0.25%
PRM	C	0.25%
HAE	C	0.23%
KN	B	0.23%
VNDA	C	0.23%
MED	D	0.23%
NTCT	C	0.23%
LMAT	A	0.23%
IMKTA	C	0.22%
SMP	C	0.22%
AMKR	D	0.21%
TMDX	F	0.21%
VCTR	B	0.21%
EXTR	C	0.21%
WABC	B	0.21%
SBH	C	0.21%
PK	C	0.2%
BLFS	C	0.2%
ENS	F	0.2%
KRC	B	0.2%
CMPR	D	0.2%
NUS	D	0.2%
SGBX	F	0.19%
DHT	F	0.19%
ONTO	F	0.19%
ASGN	F	0.19%
NSSC	D	0.19%
TARS	C	0.19%
UCTT	D	0.18%
TPC	C	0.18%
GOGL	F	0.18%
NAVI	F	0.18%
HOV	D	0.17%
TGTX	B	0.17%
NVST	B	0.17%
ADNT	F	0.17%
AXSM	B	0.17%
BRC	D	0.16%
KELYA	F	0.16%
XRX	F	0.16%
SD	D	0.16%
HROW	D	0.16%
VSH	F	0.16%
SCSC	C	0.15%
SCVL	F	0.15%
GES	F	0.15%
AIT	B	0.14%
NECB	C	0.14%
ALRM	C	0.14%
MRVI	F	0.14%
AYI	B	0.14%
EIG	B	0.13%
TWST	F	0.13%
MOV	D	0.13%
CSGS	B	0.13%
CECO	B	0.12%
CLW	F	0.12%
ALKT	B	0.12%
YEXT	B	0.11%
INVA	D	0.11%
CGEM	F	0.11%
RAMP	B	0.1%
GFF	A	0.1%
AMCX	C	0.1%
ASTH	F	0.1%
SPSC	D	0.09%
MAX	F	0.09%
MLKN	F	0.08%
KRYS	C	0.08%
KTB	B	0.08%
ATLO	C	0.07%
PEBK	B	0.07%
CTRE	C	0.07%
WGO	C	0.07%
FTDR	B	0.06%
APAM	B	0.06%
CTS	C	0.06%
GRND	B	0.06%
JWN	D	0.06%
OMI	F	0.06%
KSS	F	0.06%
SWX	B	0.05%
REVG	C	0.05%
OGS	A	0.05%
AMPH	F	0.05%
NSIT	F	0.05%
HE	C	0.04%
AMN	F	0.04%
TDC	D	0.04%
SEMR	C	0.04%
PHR	F	0.04%
FORM	D	0.04%
ETD	C	0.04%
EOLS	D	0.04%
OTTR	C	0.04%
VITL	D	0.03%
RYI	C	0.03%
SWI	C	0.03%
EMBC	C	0.03%
ACLS	F	0.02%
ACIW	C	0.02%
MITK	C	0.0%
MAIN	A	0.0%
EPAC	C	0.0%

AFSM Underweight 133 Positions Relative to SFLO

Symbol	Grade	Weight
TPR	B	-1.73%
JAZZ	C	-1.61%
VSTO	A	-1.4%
TWLO	A	-1.34%
DBX	B	-1.32%
CRGY	B	-1.19%
SNX	D	-1.16%
YELP	C	-1.14%
CIVI	D	-1.06%
CRC	A	-1.05%
NXST	C	-1.01%
ALSN	B	-0.99%
ARCH	B	-0.99%
RNG	C	-0.98%
EXEL	B	-0.97%
UPWK	B	-0.96%
WKC	C	-0.96%
PR	B	-0.94%
LYFT	C	-0.93%
OVV	B	-0.92%
SM	B	-0.92%
BMBL	C	-0.88%
LEU	C	-0.79%
ETSY	D	-0.77%
MTCH	D	-0.76%
NEU	D	-0.76%
CNM	D	-0.75%
MUR	D	-0.75%
DOX	D	-0.74%
ZI	D	-0.74%
TRIP	F	-0.74%
NOG	B	-0.7%
CROX	D	-0.67%
APA	D	-0.67%
MGY	A	-0.67%
KFY	B	-0.67%
CLF	F	-0.65%
UFPI	C	-0.65%
LEA	F	-0.64%
PTEN	C	-0.63%
DINO	D	-0.62%
NSP	F	-0.6%
URBN	C	-0.59%
MTDR	B	-0.59%
PATK	C	-0.57%
CHGG	C	-0.57%
SSTK	F	-0.55%
AEO	F	-0.52%
ROCK	C	-0.52%
ARRY	F	-0.51%
VTLE	C	-0.51%
TALO	C	-0.51%
AM	A	-0.5%
MGNI	B	-0.49%
LAUR	A	-0.49%
ALG	B	-0.49%
CVI	F	-0.49%
CHX	C	-0.48%
RRC	B	-0.48%
CARS	C	-0.46%
HP	C	-0.46%
OXM	F	-0.45%
SHOO	F	-0.44%
CNXC	F	-0.42%
SMLR	B	-0.41%
NOV	C	-0.39%
WHD	B	-0.39%
DBI	F	-0.37%
AMRC	D	-0.36%
MCRI	A	-0.36%
RES	D	-0.34%
TDW	F	-0.34%
ZUO	B	-0.34%
RSI	A	-0.33%
IBTA	C	-0.33%
COUR	F	-0.32%
OSW	B	-0.31%
HTLD	C	-0.3%
PUBM	C	-0.26%
GATO	C	-0.26%
BRY	F	-0.25%
MRC	B	-0.24%
APEI	B	-0.24%
REX	D	-0.21%
XPRO	D	-0.2%
JILL	C	-0.19%
HAYN	A	-0.18%
REPX	A	-0.18%
VIRC	B	-0.16%
EGY	D	-0.16%
TH	C	-0.16%
VMEO	B	-0.16%
DGII	C	-0.15%
EWCZ	F	-0.15%
TASK	C	-0.15%
OLPX	D	-0.14%
ZEUS	C	-0.14%
USAP	B	-0.14%
DCGO	B	-0.12%
EGHT	B	-0.12%
DH	F	-0.11%
IDT	B	-0.11%
SCHL	F	-0.11%
MTUS	C	-0.11%
DSP	A	-0.11%
SB	F	-0.1%
PLPC	B	-0.1%
RICK	B	-0.1%
FC	F	-0.08%
LQDT	B	-0.08%
HCKT	B	-0.08%
WLDN	C	-0.07%
AMPY	C	-0.07%
BTMD	B	-0.07%
FARO	C	-0.07%
NR	B	-0.07%
MEC	F	-0.06%
LYTS	B	-0.06%
PBYI	C	-0.06%
RCKY	F	-0.06%
AVNW	F	-0.06%
REI	D	-0.05%
FF	F	-0.05%
KRT	B	-0.05%
SPOK	B	-0.05%
BOOM	F	-0.05%
FLXS	B	-0.04%
INSG	D	-0.04%
EPM	A	-0.03%
KEQU	B	-0.03%
PANL	F	-0.03%
TAYD	D	-0.02%
POWW	F	-0.02%