NOBL vs. VSMV ETF Comparison

Comparison of ProShares S&P 500 Aristocrats ETF (NOBL) to VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV)

NOBL

ProShares S&P 500 Aristocrats ETF

NOBL Description

The investment seeks investment results before fees and expenses that track the performance of the S&P 500Â® Dividend AristocratsÂ® Index (the "index"). The fund will invest at least 80% of its total assets in component securities (i.e., securities of the index and comparable securities that have economic characteristics that are substantially identical to the economic characteristics of the securities of the index). The index contains a minimum of 40 stocks, which are equally weighted, and no single sector is allowed to comprise more than 30% of the index weight.

Grade (RS Rating)

Last Trade

$97.72

Average Daily Volume

462,740

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VSMV

VictoryShares US Multi-Factor Minimum Volatility ETF

VSMV Description

The investment seeks to provide investment results that track the performance of the Nasdaq Victory US Multi-Factor Minimum Volatility Index before fees and expenses. The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets in securities included in the Nasdaq Victory US Multi-Factor Minimum Volatility Index (the index). The index utilizes a rules-based approach designed to generate investment returns with less volatility than the broader U.S. market.

Grade (RS Rating)

Last Trade

$43.66

Average Daily Volume

8,694

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NOBL	VSMV
30 Days	-2.81%	-3.63%
60 Days	0.19%	-2.50%
90 Days	2.31%	-0.14%
12 Months	8.13%	11.74%

13 Overlapping Holdings

Symbol	Grade	Weight in NOBL	Weight in VSMV	Overlap
ABBV	D	1.46%	3.3%	1.46%
AFL	A	1.41%	2.5%	1.41%
CAH	D	1.42%	0.3%	0.3%
CLX	F	1.51%	0.25%	0.25%
CVX	B	1.61%	2.83%	1.61%
EXPD	D	1.27%	0.24%	0.24%
FAST	C	1.4%	2.28%	1.4%
GD	A	1.54%	1.56%	1.54%
JNJ	D	1.33%	3.6%	1.33%
KMB	A	1.67%	3.22%	1.67%
TGT	D	1.69%	0.24%	0.24%
TROW	C	1.45%	0.24%	0.24%
WMT	D	1.6%	3.67%	1.6%

NOBL Overweight 53 Positions Relative to VSMV

Symbol	Grade	Weight
CAT	D	1.78%
XOM	B	1.73%
NEE	A	1.67%
MMM	A	1.67%
ADM	C	1.67%
HRL	A	1.67%
EMR	D	1.66%
MKC	B	1.65%
DOV	A	1.65%
GPC	B	1.63%
ECL	B	1.6%
PNR	D	1.59%
CHD	B	1.58%
WST	F	1.58%
LIN	D	1.58%
CL	A	1.58%
CTAS	B	1.58%
GWW	D	1.57%
LOW	D	1.56%
AOS	D	1.55%
PG	A	1.53%
ATO	A	1.53%
PEP	A	1.53%
ESS	A	1.51%
ED	A	1.51%
BRO	C	1.51%
IBM	D	1.51%
CINF	D	1.51%
KO	A	1.49%
ADP	D	1.48%
NDSN	C	1.48%
SYY	D	1.47%
FRT	A	1.46%
CB	C	1.44%
SHW	D	1.44%
NUE	D	1.43%
BDX	C	1.42%
ROP	D	1.4%
SWK	F	1.39%
AMCR	A	1.39%
ITW	D	1.39%
O	A	1.39%
ABT	D	1.38%
BEN	F	1.35%
ALB	D	1.35%
MDT	C	1.35%
KVUE	F	1.34%
PPG	D	1.32%
SPGI	C	1.32%
MCD	D	1.31%
APD	C	1.3%
SJM	F	1.3%
CHRW	C	1.18%

NOBL Underweight 53 Positions Relative to VSMV

Symbol	Grade	Weight
MSFT	D	-9.72%
AAPL	C	-8.14%
MRK	B	-3.77%
LMT	A	-3.36%
WM	B	-3.21%
RSG	B	-3.18%
UNH	B	-3.04%
GOOGL	A	-2.75%
CTSH	F	-2.42%
HSY	C	-2.38%
CSCO	F	-2.25%
NTAP	B	-2.03%
EG	D	-1.66%
LDOS	A	-1.63%
AKAM	F	-1.6%
TXT	D	-1.6%
SNA	D	-1.47%
WRB	C	-1.46%
DECK	C	-1.45%
BMY	F	-1.37%
KMI	A	-1.31%
KR	B	-1.24%
ULTA	F	-1.0%
MUSA	B	-0.87%
UNM	A	-0.8%
SSNC	C	-0.74%
FOXA	A	-0.71%
SAIC	C	-0.68%
NYT	A	-0.67%
CSX	D	-0.36%
TXRH	A	-0.31%
SKX	A	-0.3%
CHRD	B	-0.28%
EOG	B	-0.27%
OC	A	-0.26%
CNM	A	-0.26%
CSL	A	-0.26%
MA	D	-0.25%
VLO	B	-0.25%
COKE	B	-0.25%
CI	B	-0.25%
V	D	-0.25%
MPC	B	-0.25%
BLD	C	-0.24%
UFPI	C	-0.24%
MAT	F	-0.24%
NVR	D	-0.24%
VRSK	C	-0.24%
CNC	D	-0.24%
PRU	D	-0.24%
HD	C	-0.23%
CMCSA	F	-0.23%
THO	F	-0.22%