PAPI vs. USVM ETF Comparison

Comparison of Parametric Equity Premium Income ETF (PAPI) to VictoryShares USAA MSCI USA Small Cap Value Momentum ETF (USVM)

PAPI

Parametric Equity Premium Income ETF

PAPI Description

The fund is an actively managed exchange-traded fund. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. Equity securities in which the fund may invest include common stocks.

Grade (RS Rating)

Last Trade

$28.08

Average Daily Volume

33,669

Number of Holdings ^*

189

* may have additional holdings in another (foreign) market

USVM

VictoryShares USAA MSCI USA Small Cap Value Momentum ETF

USVM Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the MSCI USA Small Cap 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 small-capitalization U.S. issuers within the MSCI USA Small Cap 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

$91.12

Average Daily Volume

7,002

Number of Holdings ^*

278

* may have additional holdings in another (foreign) market

Performance

Period	PAPI	USVM
30 Days	3.08%	8.14%
60 Days	3.73%	7.88%
90 Days	4.88%	9.06%
12 Months	19.25%	39.19%

16 Overlapping Holdings

Symbol	Grade	Weight in PAPI	Weight in USVM	Overlap
AVT	C	0.51%	0.45%	0.45%
CALM	A	0.51%	0.52%	0.51%
CHRD	D	0.52%	0.39%	0.39%
DTM	B	0.62%	0.8%	0.62%
ESNT	D	0.45%	0.45%	0.45%
INGR	B	0.55%	0.69%	0.55%
INSW	F	0.44%	0.3%	0.3%
MOS	F	0.54%	0.33%	0.33%
MTG	C	0.5%	0.46%	0.46%
NFG	A	0.52%	0.56%	0.52%
ORI	A	0.54%	0.59%	0.54%
PINC	B	0.6%	0.54%	0.54%
SNX	C	0.5%	0.45%	0.45%
TAP	C	0.59%	0.56%	0.56%
TXRH	C	0.57%	0.53%	0.53%
UNM	A	0.61%	0.78%	0.61%

PAPI Overweight 173 Positions Relative to USVM

Symbol	Grade	Weight
GRMN	B	0.65%
SNA	A	0.63%
IP	B	0.63%
BKR	B	0.62%
EMR	A	0.61%
OKE	A	0.61%
IDCC	B	0.61%
FOX	A	0.59%
CFR	B	0.59%
EA	A	0.59%
PB	A	0.59%
MO	A	0.59%
IDA	A	0.59%
KMI	A	0.58%
CINF	A	0.58%
JHG	A	0.58%
WMB	A	0.58%
JCI	C	0.58%
WHR	B	0.57%
RHI	B	0.57%
TRV	B	0.57%
SRE	A	0.57%
CTRA	B	0.57%
RF	A	0.57%
DGX	A	0.57%
SYK	C	0.57%
LH	C	0.57%
FOXA	B	0.57%
XEL	A	0.57%
CVX	A	0.57%
CMI	A	0.57%
FAST	B	0.56%
WSO	A	0.56%
CAH	B	0.56%
EOG	A	0.56%
RS	B	0.56%
PKG	A	0.56%
PM	B	0.56%
TROW	B	0.56%
COP	C	0.56%
VLO	C	0.55%
PPL	B	0.55%
DCI	B	0.55%
UNH	C	0.55%
GGG	B	0.55%
EVRG	A	0.55%
OGE	B	0.55%
T	A	0.55%
GNTX	C	0.54%
PAG	B	0.54%
CMCSA	B	0.54%
COR	B	0.54%
OGS	A	0.54%
WMT	A	0.54%
CSCO	B	0.54%
COST	B	0.54%
CHD	B	0.54%
AFG	A	0.54%
DRI	B	0.54%
TJX	A	0.54%
ADP	B	0.54%
MTN	C	0.54%
AEE	A	0.54%
MSFT	F	0.53%
CTSH	B	0.53%
LHX	C	0.53%
AM	A	0.53%
GILD	C	0.53%
TXN	C	0.53%
PRU	A	0.53%
PAYX	C	0.53%
ATO	A	0.53%
MSM	C	0.53%
COLM	B	0.53%
HPE	B	0.53%
GLW	B	0.53%
HP	B	0.52%
LNT	A	0.52%
BMI	B	0.52%
ROP	B	0.52%
ABT	B	0.52%
PG	A	0.52%
ATR	B	0.52%
PEG	A	0.52%
UPS	C	0.52%
HPQ	A	0.52%
EXPD	D	0.52%
XOM	B	0.52%
PSX	C	0.52%
WEC	A	0.52%
CME	A	0.52%
POR	C	0.51%
DD	D	0.51%
DLB	B	0.51%
DINO	D	0.51%
HIG	B	0.51%
FNF	B	0.51%
APD	A	0.51%
LKQ	D	0.51%
OXM	D	0.51%
MDT	D	0.51%
CTVA	C	0.5%
BDX	F	0.5%
JNJ	D	0.5%
DUK	C	0.5%
RTX	C	0.5%
POWI	D	0.5%
NYT	C	0.5%
DVN	F	0.5%
FE	C	0.5%
GD	F	0.5%
ACN	C	0.5%
VZ	C	0.5%
CCOI	B	0.5%
PFG	D	0.5%
AEP	D	0.5%
RGLD	C	0.5%
BG	F	0.5%
D	C	0.5%
SO	D	0.5%
AFL	B	0.5%
DOX	D	0.49%
OMC	C	0.49%
CHE	D	0.49%
KMB	D	0.49%
BBY	D	0.49%
PPG	F	0.49%
SON	D	0.49%
FLO	D	0.49%
LIN	D	0.49%
JKHY	D	0.49%
EMN	D	0.49%
QCOM	F	0.49%
HRL	D	0.49%
CAG	D	0.48%
LYB	F	0.48%
AOS	F	0.48%
WEN	D	0.48%
ADI	D	0.48%
ED	D	0.48%
PEP	F	0.48%
RPRX	D	0.48%
LEA	D	0.48%
WU	D	0.48%
SHOO	D	0.47%
AMCR	D	0.47%
LEN	D	0.47%
CI	F	0.47%
ADM	D	0.47%
KDP	D	0.46%
ABBV	D	0.46%
ASH	D	0.46%
FMC	D	0.46%
HAS	D	0.46%
KHC	F	0.46%
MRK	F	0.46%
IBM	C	0.46%
IPG	D	0.45%
SWKS	F	0.45%
GPC	D	0.45%
KO	D	0.45%
DHR	F	0.45%
HUN	F	0.44%
MAN	D	0.44%
DOW	F	0.44%
PFE	D	0.44%
PII	D	0.43%
ELV	F	0.43%
CVI	F	0.42%
CRI	D	0.41%
HII	D	0.39%
NEM	D	0.38%
SCCO	F	0.0%

PAPI Underweight 262 Positions Relative to USVM

Symbol	Grade	Weight
CACI	D	-0.69%
SF	B	-0.66%
CW	B	-0.66%
KBR	F	-0.62%
CTRE	D	-0.6%
CNX	A	-0.59%
GVA	A	-0.59%
EHC	B	-0.58%
SBRA	C	-0.56%
JEF	A	-0.56%
INVA	D	-0.56%
AXS	A	-0.54%
POST	C	-0.54%
AKR	B	-0.53%
EXEL	B	-0.52%
ESAB	B	-0.52%
NHI	D	-0.51%
FFIV	B	-0.51%
TGNA	B	-0.51%
AWI	A	-0.51%
PBH	A	-0.5%
ENSG	D	-0.5%
EVR	B	-0.5%
AGO	B	-0.49%
GEF	A	-0.49%
ALSN	B	-0.49%
CSWI	A	-0.49%
GHC	C	-0.48%
CNO	A	-0.48%
SNDR	B	-0.48%
CLH	B	-0.47%
MLI	C	-0.47%
PIPR	B	-0.46%
GNW	A	-0.46%
GEO	B	-0.46%
SWX	B	-0.46%
LRN	A	-0.46%
R	B	-0.45%
SFM	A	-0.45%
ASB	B	-0.45%
ACIW	B	-0.45%
SKYW	B	-0.45%
MATX	C	-0.45%
GWRE	A	-0.45%
GPOR	B	-0.44%
CMC	B	-0.44%
MUSA	A	-0.44%
H	B	-0.44%
GBX	A	-0.44%
KFY	B	-0.43%
PRIM	A	-0.43%
PLXS	B	-0.43%
COOP	B	-0.43%
ENVA	B	-0.42%
BPOP	B	-0.42%
PSN	D	-0.42%
GMS	B	-0.42%
VCTR	B	-0.42%
KEX	C	-0.42%
HNI	B	-0.42%
STC	B	-0.41%
CUZ	B	-0.41%
ARW	D	-0.41%
MOG.A	B	-0.41%
CXW	B	-0.41%
RDN	C	-0.41%
SEB	F	-0.41%
RUSHA	C	-0.4%
MCY	A	-0.4%
PR	B	-0.4%
ROAD	A	-0.4%
ITGR	B	-0.4%
DVA	B	-0.4%
VSTO	A	-0.4%
WT	B	-0.39%
OVV	B	-0.39%
WKC	D	-0.39%
RL	B	-0.39%
BTU	B	-0.39%
MDU	D	-0.39%
BCO	D	-0.38%
GPI	A	-0.38%
FSS	B	-0.38%
AROC	B	-0.38%
MTSI	B	-0.37%
QTWO	A	-0.37%
BIO	D	-0.37%
ESRT	C	-0.37%
CNK	B	-0.37%
UHS	D	-0.36%
PATK	D	-0.36%
DY	D	-0.36%
SPB	C	-0.36%
PK	B	-0.36%
AL	B	-0.36%
ENOV	C	-0.36%
BHF	B	-0.36%
WTTR	B	-0.36%
UVV	B	-0.36%
TTMI	B	-0.36%
FYBR	D	-0.35%
LMAT	A	-0.35%
IVZ	B	-0.35%
JXN	C	-0.35%
NAVI	C	-0.35%
JLL	D	-0.35%
ADUS	D	-0.35%
NTRA	B	-0.35%
RDNT	B	-0.34%
PHIN	A	-0.34%
TMHC	B	-0.34%
HRB	D	-0.34%
LNC	B	-0.34%
WGO	C	-0.33%
HIW	D	-0.33%
LPX	B	-0.33%
ABG	B	-0.33%
DEI	B	-0.33%
ALKT	B	-0.33%
REZI	A	-0.33%
KRC	C	-0.33%
AMWD	C	-0.33%
GIII	D	-0.32%
SEM	B	-0.32%
NXST	C	-0.32%
UGI	A	-0.32%
JBGS	D	-0.32%
CRS	A	-0.32%
UAA	C	-0.32%
ANDE	D	-0.32%
NMRK	B	-0.32%
STRL	B	-0.32%
CWEN	C	-0.32%
VIRT	B	-0.32%
PEB	D	-0.32%
ARI	C	-0.32%
CVLT	B	-0.32%
TPH	D	-0.31%
DDS	B	-0.31%
PRDO	B	-0.31%
AZZ	B	-0.31%
AN	C	-0.31%
LZB	B	-0.31%
ATGE	B	-0.31%
IIPR	D	-0.31%
FIX	A	-0.31%
MAC	B	-0.31%
CRL	C	-0.31%
CORT	B	-0.3%
SLG	B	-0.3%
CIVI	D	-0.3%
SOLV	C	-0.3%
NTCT	C	-0.3%
ADTN	A	-0.3%
IAC	D	-0.29%
COKE	C	-0.29%
SCS	C	-0.29%
BCC	B	-0.29%
SAH	A	-0.29%
HALO	F	-0.29%
VRNS	D	-0.29%
PRGO	B	-0.29%
VSH	D	-0.29%
NATL	B	-0.28%
LGND	B	-0.28%
BHE	B	-0.28%
KBH	D	-0.28%
PVH	C	-0.28%
SM	B	-0.28%
WING	D	-0.27%
VTLE	C	-0.27%
IESC	B	-0.27%
GT	C	-0.27%
AZTA	D	-0.27%
VERX	B	-0.27%
MEDP	D	-0.27%
GRBK	D	-0.27%
CUBI	B	-0.27%
DXC	B	-0.27%
PLUS	F	-0.26%
VYX	B	-0.26%
NSIT	F	-0.26%
POWL	C	-0.26%
AMRX	C	-0.26%
AEO	F	-0.26%
CNM	D	-0.26%
SANM	B	-0.26%
GKOS	B	-0.26%
CLF	F	-0.26%
LEVI	F	-0.25%
MTH	D	-0.25%
HCC	B	-0.25%
MHO	D	-0.25%
SLVM	B	-0.25%
COHR	B	-0.25%
HIMS	C	-0.25%
MHK	D	-0.24%
BFH	B	-0.24%
PBF	D	-0.24%
BOOT	D	-0.24%
CAL	D	-0.23%
LUMN	C	-0.23%
M	D	-0.23%
CRNX	C	-0.23%
CAR	C	-0.23%
CCS	D	-0.23%
BMBL	D	-0.23%
ADMA	B	-0.22%
JBLU	F	-0.22%
DKS	C	-0.22%
UCTT	D	-0.22%
TDS	B	-0.22%
LBPH	A	-0.22%
UFPT	B	-0.21%
REVG	B	-0.21%
MODG	F	-0.21%
MSGE	F	-0.21%
GES	F	-0.21%
VIR	D	-0.2%
ELAN	D	-0.2%
FTRE	D	-0.2%
MOD	A	-0.2%
COLL	F	-0.2%
PI	D	-0.2%
BKD	D	-0.2%
USM	B	-0.2%
VITL	D	-0.19%
KSS	F	-0.19%
AMR	C	-0.19%
CRUS	D	-0.19%
CLSK	C	-0.19%
LPG	F	-0.19%
PLAB	C	-0.19%
GAP	B	-0.19%
VECO	F	-0.19%
HTZ	C	-0.18%
ANF	C	-0.18%
OGN	D	-0.18%
XRX	F	-0.18%
VSTS	C	-0.17%
FORM	D	-0.17%
AMKR	D	-0.17%
SOUN	C	-0.17%
SATS	D	-0.17%
ODP	F	-0.16%
ONTO	D	-0.16%
QRVO	F	-0.16%
RNA	D	-0.16%
OMI	F	-0.16%
AHCO	F	-0.15%
JANX	C	-0.15%
DFH	D	-0.15%
MPW	F	-0.14%
ZETA	D	-0.14%
HE	C	-0.13%
INSM	C	-0.13%
HOV	D	-0.13%
NPAB	B	-0.13%
VKTX	F	-0.12%
HUMA	F	-0.12%
DYN	F	-0.1%
MRVI	F	-0.08%