CVAR vs. ULVM ETF Comparison

Comparison of Cultivar ETF (CVAR) to VictoryShares USAA MSCI USA Value Momentum ETF (ULVM)

CVAR

Cultivar ETF

CVAR Description

ETF Opportunities Trust - Cultivar ETF is an exchange traded fund launched by ETF Opportunities Trust. The fund is co-managed by Cultivar Capital, Inc. and Toroso Investments, LLC. It invests in public equity markets of global region. The fund invests in stocks of companies operating across diversified sectors. It invests in value stocks of companies across diversified market capitalization. The fund employs fundamental and quantitative analysis with bottom-up and top-down stock picking approach to create its portfolio. ETF Opportunities Trust - Cultivar ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$27.33

Average Daily Volume

503

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ULVM

VictoryShares USAA MSCI USA Value Momentum ETF

ULVM Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the MSCI USA Select Value Momentum Blend Index. 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 is designed to deliver exposure to equity securities of large- and mid-capitalization U.S. issuers within the MSCI USA Index (the parent index) that have higher exposure to value and momentum factors, while also maintaining moderate index turnover and lower realized volatility than traditional capitalization-weighted indexes.

Grade (RS Rating)

Last Trade

$85.91

Average Daily Volume

2,584

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

Performance

Period	CVAR	ULVM
30 Days	0.42%	5.01%
60 Days	1.40%	7.56%
90 Days	4.56%	9.10%
12 Months	19.10%	35.97%

9 Overlapping Holdings

Symbol	Grade	Weight in CVAR	Weight in ULVM	Overlap
ARE	F	1.27%	0.58%	0.58%
C	A	1.09%	0.83%	0.83%
CTSH	B	0.5%	0.97%	0.5%
CVS	D	0.92%	0.56%	0.56%
INTC	C	1.49%	0.41%	0.41%
PFE	F	0.44%	0.68%	0.44%
SWKS	F	0.88%	0.39%	0.39%
TFC	A	0.77%	0.74%	0.74%
TSN	B	1.27%	0.89%	0.89%

CVAR Overweight 67 Positions Relative to ULVM

Symbol	Grade	Weight
NEM	D	4.18%
MKTX	D	4.15%
CLB	B	3.05%
PRLB	B	3.02%
HCSG	C	2.77%
LUV	C	2.58%
NWN	A	2.06%
PAYC	B	1.72%
GPN	B	1.71%
VEEV	C	1.69%
MKC	C	1.61%
QRVO	F	1.53%
NKE	F	1.49%
MDT	D	1.39%
HUM	C	1.34%
JNJ	C	1.28%
ES	C	1.26%
HRL	D	1.19%
ABT	B	1.14%
FMS	A	1.14%
WU	F	1.13%
DEI	B	1.11%
CLX	A	1.1%
EW	C	1.09%
GOLD	C	1.08%
KMB	C	1.07%
ZTS	D	1.04%
PRGO	C	1.03%
WKC	C	1.03%
POR	C	1.02%
HAS	D	1.0%
DG	F	0.94%
SW	A	0.94%
ANSS	B	0.92%
BABA	D	0.92%
SJM	D	0.89%
INDB	B	0.86%
AAP	D	0.8%
CMCSA	B	0.8%
FMC	D	0.78%
G	B	0.77%
CGNX	D	0.75%
BP	D	0.7%
KRC	B	0.67%
BMY	B	0.63%
PYPL	B	0.63%
WHR	B	0.62%
OGS	A	0.6%
MNRO	D	0.59%
INGN	C	0.56%
MCHP	F	0.55%
ZBH	C	0.55%
ESRT	C	0.55%
ADSK	A	0.54%
LTC	B	0.53%
JBT	B	0.51%
BIIB	F	0.5%
PARA	C	0.5%
SQM	D	0.49%
MMM	D	0.49%
ILMN	C	0.48%
SCS	C	0.47%
PDM	D	0.45%
RDUS	B	0.43%
CCI	C	0.43%
CMP	C	0.39%
WBD	B	0.19%

CVAR Underweight 116 Positions Relative to ULVM

Symbol	Grade	Weight
KMI	A	-1.42%
BRK.A	B	-1.39%
FI	A	-1.36%
L	A	-1.28%
ETR	B	-1.25%
BK	A	-1.23%
TRGP	A	-1.22%
LMT	D	-1.21%
WELL	A	-1.2%
WMT	A	-1.18%
BSX	A	-1.18%
PEG	A	-1.18%
GD	D	-1.17%
DUK	C	-1.16%
PKG	A	-1.13%
LDOS	C	-1.11%
T	A	-1.07%
JPM	A	-1.05%
WAB	B	-1.05%
FOXA	A	-1.04%
SSNC	B	-1.03%
RTX	D	-1.03%
KR	B	-1.0%
AVB	B	-0.99%
HIG	B	-0.99%
GDDY	A	-0.98%
GS	A	-0.98%
APP	B	-0.95%
MCK	A	-0.95%
COST	A	-0.95%
WFC	A	-0.94%
BAC	A	-0.93%
EQH	C	-0.93%
AIG	B	-0.93%
COF	C	-0.93%
DGX	A	-0.92%
DAL	B	-0.91%
AXP	A	-0.91%
MLM	C	-0.9%
NWSA	A	-0.9%
UAL	A	-0.89%
VICI	C	-0.89%
ESS	B	-0.88%
VZ	C	-0.88%
CI	D	-0.88%
RGA	A	-0.87%
LYB	F	-0.86%
SPG	A	-0.86%
GRMN	B	-0.85%
EXC	C	-0.85%
WY	F	-0.84%
KIM	A	-0.84%
IBM	C	-0.84%
KHC	F	-0.83%
SYF	B	-0.83%
DOW	F	-0.82%
APH	A	-0.82%
IR	B	-0.81%
EME	A	-0.79%
FITB	B	-0.78%
STLD	B	-0.78%
TXT	D	-0.78%
CBRE	B	-0.77%
CSL	C	-0.77%
IRM	C	-0.77%
NVR	D	-0.77%
GM	C	-0.76%
GOOGL	C	-0.74%
IP	A	-0.73%
KKR	A	-0.72%
REGN	F	-0.72%
OC	A	-0.72%
VTRS	A	-0.71%
ELV	F	-0.71%
CASY	A	-0.71%
FANG	C	-0.7%
PSX	C	-0.7%
HCA	F	-0.7%
FCNCA	A	-0.69%
DD	C	-0.68%
UTHR	C	-0.68%
GE	D	-0.67%
CFG	B	-0.67%
CRBG	B	-0.67%
HWM	A	-0.64%
KEY	B	-0.63%
VLO	C	-0.62%
VST	A	-0.61%
HPQ	B	-0.6%
FDX	B	-0.6%
HPE	B	-0.59%
PHM	D	-0.59%
MPC	D	-0.58%
MSTR	B	-0.58%
NTAP	C	-0.57%
URI	C	-0.57%
THC	D	-0.56%
LEN	D	-0.55%
TOL	B	-0.54%
CNC	D	-0.54%
META	D	-0.53%
LLY	F	-0.51%
ALLY	C	-0.49%
VRT	B	-0.49%
F	C	-0.48%
DHI	F	-0.47%
WDC	D	-0.46%
ADM	D	-0.44%
AVGO	D	-0.43%
NVDA	B	-0.42%
BLDR	D	-0.42%
MU	D	-0.41%
WSM	C	-0.39%
CVNA	B	-0.38%
DELL	B	-0.34%
MRNA	F	-0.16%