IZRL vs. UIVM ETF Comparison

Comparison of ARK Israel Innovative Technology ETF (IZRL) to VictoryShares USAA MSCI International Value Momentum ETF (UIVM)

IZRL

ARK Israel Innovative Technology ETF

IZRL Description

The ARK Israel Innovative Technology ETF (IZRL) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the ARK Israeli Innovation Index, which is designed to track the price movements of exchange-listed Israeli companies whose main business operations are causing disruptive innovation in the areas of genomics, health care, biotechnology, industrials, manufacturing, the Internet or information technology. The Index includes equity securities and depositary receipts of exchange listed companies that are incorporated and/or domiciled in Israel (‘‘Israeli Companies’’) and are included in one of the following economic sectors as defined by FactSet Research Systems: (i) health technology, (ii) communications, (iii) technology services, (iv) electronic technology, (v) consumer services, or (vi) producer manufacturing.

Grade (RS Rating)

Last Trade

$19.91

Average Daily Volume

21,161

Number of Holdings ^*

* may have additional holdings in another (foreign) market

UIVM

VictoryShares USAA MSCI International Value Momentum ETF

UIVM Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the MSCI World ex USA Select Value Momentum Blend Index. The fund invests at least 80% of its assets in securities in the index, depositary receipts on securities in the index and securities underlying depositary receipts in the index. The index delivers exposure to equity market performance in non-U.S. developed markets and provides higher exposure to value and momentum factors within the MSCI World ex USA Index while also maintaining moderate index turnover and lower realized volatility than traditional capitalization weighted indexes.

Grade (RS Rating)

Last Trade

$48.72

Average Daily Volume

4,373

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IZRL	UIVM
30 Days	-4.37%	1.08%
60 Days	-5.19%	1.77%
90 Days	0.40%	6.99%
12 Months	14.22%	15.23%

0 Overlapping Holdings

	Symbol	Grade	Weight in IZRL	Weight in UIVM	Overlap

IZRL Overweight 24 Positions Relative to UIVM

Symbol	Grade	Weight
PLTK	C	2.32%
TEVA	B	2.27%
RSKD	B	2.25%
CLBT	C	2.22%
FROG	D	2.22%
FVRR	F	2.21%
AUDC	F	2.21%
MGIC	B	2.21%
CGNT	C	2.2%
MNDY	D	2.19%
ITRN	C	2.18%
RDWR	D	2.18%
SPNS	B	2.17%
NNOX	D	2.15%
CYBR	D	2.15%
URGN	F	2.15%
TARO	B	2.14%
INMD	F	2.11%
WKME	D	2.1%
SSYS	F	2.09%
WIX	D	2.07%
SMWB	D	2.07%
NICE	D	2.05%
CHKP	D	2.01%

IZRL Underweight 14 Positions Relative to UIVM

Symbol	Grade	Weight
E	B	-0.79%
SKM	D	-0.77%
BCS	A	-0.56%
SHG	C	-0.53%
KT	D	-0.52%
KB	B	-0.48%
WFG	D	-0.47%
AGCO	D	-0.44%
MFG	D	-0.31%
SMFG	C	-0.31%
NMR	D	-0.29%
MUFG	D	-0.28%
HMC	D	-0.27%
TM	D	-0.25%