MODL vs. QQH ETF Comparison

Comparison of VictoryShares WestEnd U.S. Sector ETF (MODL) to HCM Defender 100 Index ETF (QQH)

MODL

VictoryShares WestEnd U.S. Sector ETF

MODL Description

VictoryShares WestEnd U.S. Sector ETF is an exchange traded fund launched and managed by Victory Capital Management Inc. The fund is co-managed by WestEnd Advisors, LLC. It invests in public equity markets of the United States. It invests through other funds in stocks of companies operating across consumer discretionary, consumer staples, health care, financials, information technology, real estate, communication services, and utilities sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It employs fundamental analysis with top-down stock picking approach to create its portfolio. VictoryShares WestEnd U.S. Sector ETF was formed on October 11, 2022 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$40.73

Average Daily Volume

26,985

Number of Holdings ^*

316

* may have additional holdings in another (foreign) market

QQH

HCM Defender 100 Index ETF

QQH Description

The investment seeks to provide investment results that correspond, before fees and expenses, generally to the performance of the HCM Defender 100 Index (the HCM 100 index). The fund seeks to achieve its investment objective by investing at least 80% of its net assets, including borrowings for investment purposes but exclusive of collateral held from securities lending, in securities included in the HCM 100 index. The HCM 100 index seeks to outperform the Solactive US Technology 100 Index, a proprietary methodology.

Grade (RS Rating)

Last Trade

$65.42

Average Daily Volume

21,371

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MODL	QQH
30 Days	2.91%	4.28%
60 Days	4.12%	5.09%
90 Days	5.95%	8.37%
12 Months	30.78%	36.70%

69 Overlapping Holdings

Symbol	Grade	Weight in MODL	Weight in QQH	Overlap
AAPL	C	4.85%	11.9%	4.85%
ABNB	C	0.11%	0.23%	0.11%
ADBE	C	0.42%	1.02%	0.42%
ADI	D	0.14%	0.43%	0.14%
ADSK	A	0.11%	0.26%	0.11%
AMAT	F	0.2%	0.69%	0.2%
AMD	F	0.32%	0.99%	0.32%
AMGN	D	0.54%	0.64%	0.54%
AMZN	C	3.64%	4.82%	3.64%
ANSS	B	0.06%	0.11%	0.06%
AVGO	D	1.06%	3.33%	1.06%
BIIB	F	0.08%	0.1%	0.08%
BKNG	A	0.32%	0.69%	0.32%
CDNS	B	0.15%	0.32%	0.15%
CHTR	C	0.08%	0.16%	0.08%
CMCSA	B	0.34%	0.77%	0.34%
COST	B	1.6%	1.74%	1.6%
CRWD	B	0.16%	0.3%	0.16%
CSCO	B	0.31%	1.03%	0.31%
CTSH	B	0.05%	0.16%	0.05%
DDOG	A	0.07%	0.12%	0.07%
DXCM	D	0.11%	0.12%	0.11%
EA	A	0.08%	0.17%	0.08%
EBAY	D	0.06%	0.14%	0.06%
FTNT	C	0.1%	0.26%	0.1%
GEHC	F	0.13%	0.13%	0.13%
GILD	C	0.42%	0.48%	0.42%
GOOG	C	1.97%	2.09%	1.97%
GOOGL	C	2.21%	2.1%	2.1%
IDXX	F	0.13%	0.14%	0.13%
ILMN	D	0.08%	0.1%	0.08%
INTC	D	0.15%	0.43%	0.15%
INTU	C	0.35%	0.69%	0.35%
ISRG	A	0.69%	0.78%	0.69%
KDP	D	0.11%	0.12%	0.11%
KHC	F	0.13%	0.1%	0.1%
KLAC	D	0.12%	0.32%	0.12%
LRCX	F	0.13%	0.36%	0.13%
LULU	C	0.06%	0.14%	0.06%
MAR	B	0.13%	0.29%	0.13%
MCHP	D	0.05%	0.14%	0.05%
MDLZ	F	0.27%	0.35%	0.27%
META	D	2.64%	4.91%	2.64%
MNST	C	0.14%	0.12%	0.12%
MRNA	F	0.05%	0.05%	0.05%
MRVL	B	0.11%	0.3%	0.11%
MSFT	F	5.77%	10.8%	5.77%
MU	D	0.15%	0.43%	0.15%
NFLX	A	0.77%	1.63%	0.77%
NVDA	C	4.61%	5.74%	4.61%
ON	D	0.04%	0.12%	0.04%
ORLY	B	0.13%	0.28%	0.13%
PANW	C	0.22%	0.46%	0.22%
PEP	F	0.76%	0.94%	0.76%
PYPL	B	0.24%	0.38%	0.24%
QCOM	F	0.25%	0.83%	0.25%
REGN	F	0.3%	0.33%	0.3%
ROP	B	0.11%	0.23%	0.11%
ROST	C	0.09%	0.19%	0.09%
SBUX	A	0.21%	0.46%	0.21%
SMCI	F	0.02%	0.03%	0.02%
SNPS	B	0.15%	0.31%	0.15%
TEAM	A	0.06%	0.15%	0.06%
TMUS	B	0.24%	0.5%	0.24%
TSLA	B	1.86%	3.95%	1.86%
TTD	B	0.11%	0.27%	0.11%
TXN	C	0.26%	0.74%	0.26%
VRTX	F	0.44%	0.49%	0.44%
WDAY	B	0.1%	0.2%	0.1%

MODL Overweight 247 Positions Relative to QQH

Symbol	Grade	Weight
LLY	F	2.3%
UNH	C	1.99%
JPM	A	1.89%
BRK.A	B	1.72%
PG	A	1.54%
V	A	1.47%
JNJ	D	1.33%
WMT	A	1.32%
MA	C	1.21%
ABBV	D	1.05%
GS	A	1.05%
BAC	A	1.02%
MS	A	0.94%
SPGI	C	0.93%
KO	D	0.92%
BLK	C	0.9%
MRK	F	0.88%
HD	A	0.8%
BX	A	0.76%
SCHW	B	0.76%
ABT	B	0.72%
TMO	F	0.69%
WFC	A	0.69%
PM	B	0.66%
BRK.A	B	0.65%
KKR	A	0.59%
AXP	A	0.56%
CRM	B	0.54%
DHR	F	0.54%
ORCL	B	0.53%
ICE	C	0.52%
PFE	D	0.51%
SYK	C	0.5%
MCO	B	0.5%
CME	A	0.48%
BSX	B	0.48%
DIS	B	0.43%
PGR	A	0.42%
BMY	B	0.41%
MDT	D	0.4%
MCD	D	0.4%
COIN	C	0.37%
NOW	A	0.37%
C	A	0.37%
VZ	C	0.37%
FI	A	0.34%
T	A	0.34%
MO	A	0.33%
CB	C	0.33%
ELV	F	0.33%
BK	A	0.33%
MCK	B	0.32%
CI	F	0.32%
ACN	C	0.31%
AMP	A	0.31%
MMC	B	0.31%
LOW	D	0.3%
ZTS	D	0.29%
CL	D	0.28%
TGT	F	0.27%
TJX	A	0.26%
IBM	C	0.26%
MSCI	C	0.26%
CVS	D	0.24%
AON	A	0.23%
PNC	B	0.23%
HCA	F	0.23%
USB	A	0.22%
BDX	F	0.22%
COF	B	0.19%
PLTR	B	0.19%
ARES	A	0.18%
AJG	B	0.18%
APO	B	0.18%
TRV	B	0.17%
NKE	D	0.17%
RJF	A	0.17%
KMB	D	0.17%
TFC	A	0.17%
AFL	B	0.16%
STT	A	0.16%
KVUE	A	0.16%
TROW	B	0.15%
EW	C	0.15%
ALL	A	0.15%
NDAQ	A	0.15%
COR	B	0.15%
CMG	B	0.15%
MET	A	0.14%
FIS	C	0.14%
SQ	B	0.14%
AIG	B	0.14%
KR	B	0.14%
STZ	D	0.14%
HLT	A	0.13%
PRU	A	0.13%
RMD	C	0.13%
SYY	B	0.13%
ANET	C	0.13%
A	D	0.13%
LPLA	A	0.13%
MSTR	C	0.12%
VEEV	C	0.12%
HUM	C	0.12%
APH	A	0.12%
DFS	B	0.12%
GIS	D	0.12%
GM	B	0.12%
IQV	D	0.12%
APP	B	0.12%
NTRS	A	0.12%
CBOE	B	0.12%
ALNY	D	0.11%
FDS	B	0.11%
CAH	B	0.11%
CNC	D	0.11%
MSI	B	0.11%
FICO	B	0.1%
HIG	B	0.1%
MTB	A	0.1%
ACGL	D	0.1%
ADM	D	0.1%
DASH	A	0.1%
AZO	C	0.1%
RCL	A	0.1%
CHD	B	0.1%
HSY	F	0.09%
FITB	A	0.09%
DHI	D	0.09%
MTD	D	0.09%
WTW	B	0.09%
WAT	B	0.08%
LEN	D	0.08%
WST	C	0.08%
CLX	B	0.08%
GPN	B	0.08%
F	C	0.08%
ZBH	C	0.08%
K	A	0.08%
CINF	A	0.07%
DGX	A	0.07%
HUBS	A	0.07%
RF	A	0.07%
PODD	C	0.07%
TTWO	A	0.07%
SYF	B	0.07%
CPAY	A	0.07%
DG	F	0.07%
HBAN	A	0.07%
STE	F	0.07%
LH	C	0.07%
YUM	B	0.07%
BRO	B	0.07%
DLTR	F	0.06%
SNOW	C	0.06%
CFG	B	0.06%
PFG	D	0.06%
TSCO	D	0.06%
ALGN	D	0.06%
LW	C	0.06%
BAX	D	0.06%
FCNCA	A	0.06%
MKL	A	0.06%
TSN	B	0.06%
GRMN	B	0.06%
EL	F	0.06%
MOH	F	0.06%
VTRS	A	0.06%
MKC	D	0.06%
HOLX	D	0.06%
TYL	B	0.05%
CCL	B	0.05%
AVTR	F	0.05%
RVTY	F	0.05%
GLW	B	0.05%
WBD	C	0.05%
HPQ	B	0.05%
WRB	A	0.05%
NVR	D	0.05%
PHM	D	0.05%
DELL	C	0.05%
DECK	A	0.05%
INCY	C	0.05%
IT	C	0.05%
RBLX	C	0.05%
JKHY	D	0.04%
BEN	C	0.04%
RPRX	D	0.04%
GDDY	A	0.04%
KEYS	A	0.04%
DRI	B	0.04%
LVS	C	0.04%
PINS	D	0.04%
MPWR	F	0.04%
HPE	B	0.04%
DKNG	B	0.04%
PTC	A	0.04%
NET	B	0.04%
OMC	C	0.04%
LYV	A	0.04%
BMRN	D	0.04%
EXPE	B	0.04%
L	A	0.04%
POOL	C	0.03%
DT	C	0.03%
ZBRA	B	0.03%
APTV	D	0.03%
FSLR	F	0.03%
STX	D	0.03%
MDB	C	0.03%
HRL	D	0.03%
TDY	B	0.03%
DPZ	C	0.03%
WDC	D	0.03%
WSM	B	0.03%
ULTA	F	0.03%
CDW	F	0.03%
GPC	D	0.03%
NTAP	C	0.03%
BBY	D	0.03%
EG	C	0.03%
ZS	C	0.03%
ZM	B	0.03%
OKTA	C	0.02%
MGM	D	0.02%
AKAM	D	0.02%
CELH	F	0.02%
SWKS	F	0.02%
JBL	B	0.02%
CRBG	B	0.02%
FOXA	B	0.02%
PSTG	D	0.02%
ENTG	D	0.02%
IPG	D	0.02%
GEN	B	0.02%
WBA	F	0.02%
TRMB	B	0.02%
TER	D	0.02%
VRSN	F	0.02%
SNAP	C	0.02%
MANH	D	0.01%
NTNX	A	0.01%
ENPH	F	0.01%
FOX	A	0.01%
BSY	D	0.01%
LEN	D	0.0%
IOT	A	0.0%

MODL Underweight 25 Positions Relative to QQH

Symbol	Grade	Weight
TQQQ	C	-19.74%
LIN	D	-0.93%
HON	B	-0.62%
ADP	B	-0.48%
MELI	D	-0.35%
CEG	D	-0.32%
CTAS	B	-0.3%
PDD	F	-0.3%
CSX	B	-0.28%
PCAR	B	-0.23%
NXPI	D	-0.23%
AEP	D	-0.21%
BKR	B	-0.19%
FAST	B	-0.19%
PAYX	C	-0.18%
CPRT	A	-0.18%
XEL	A	-0.17%
VRSK	A	-0.17%
EXC	C	-0.16%
ODFL	B	-0.16%
FANG	D	-0.13%
CSGP	D	-0.12%
CCEP	C	-0.06%
BNTX	D	-0.04%
GFS	C	-0.01%