QFLR vs. VSMV ETF Comparison

Comparison of Innovator Nasdaq-100 Managed Floor ETF (QFLR) to VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV)

QFLR

Innovator Nasdaq-100 Managed Floor ETF

QFLR Description

The fund is an actively managed exchange-traded fund ("ETF") that, under normal market circumstances, seeks to provide capital appreciation through participation in the large-capitalization U.S. equity securities of the Nasdaq-100® Index (the "Nasdaq-100") while limiting the potential for maximum losses. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.84

Average Daily Volume

62,896

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

$50.60

Average Daily Volume

11,717

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QFLR	VSMV
30 Days	3.00%	5.05%
60 Days	4.98%	5.08%
90 Days	6.89%	5.77%
12 Months		24.44%

6 Overlapping Holdings

Symbol	Grade	Weight in QFLR	Weight in VSMV	Overlap
AAPL	A	9.22%	9.53%	9.22%
COST	A	3.52%	2.64%	2.64%
GILD	B	1.96%	0.26%	0.26%
GOOGL	C	2.89%	1.77%	1.77%
MSFT	C	8.58%	8.63%	8.58%
PYPL	B	1.28%	0.26%	0.26%

QFLR Overweight 37 Positions Relative to VSMV

Symbol	Grade	Weight
NVDA	C	9.11%
AMZN	B	6.0%
AVGO	D	5.29%
META	D	4.72%
TSLA	B	4.39%
TMUS	A	2.82%
NFLX	B	2.8%
GOOG	C	2.7%
AMD	F	2.05%
ADBE	C	1.99%
AMGN	F	1.74%
MAR	A	1.6%
XEL	A	1.51%
FAST	A	1.37%
CPRT	A	1.34%
EA	B	1.3%
WDAY	C	1.27%
ADSK	B	1.25%
KLAC	D	1.24%
VRSK	A	1.21%
MRVL	B	1.2%
NXPI	D	1.16%
CCEP	B	1.11%
KHC	D	1.05%
ROST	C	1.05%
KDP	D	1.01%
MCHP	D	0.9%
TTWO	A	0.88%
IDXX	F	0.82%
FANG	F	0.76%
TTD	B	0.66%
ON	D	0.66%
ASML	F	0.63%
PDD	F	0.61%
CDW	F	0.59%
GFS	C	0.55%
MRNA	F	0.08%

QFLR Underweight 62 Positions Relative to VSMV

Symbol	Grade	Weight
WMT	A	-3.94%
XOM	C	-3.57%
JNJ	D	-3.48%
COR	A	-3.18%
RSG	A	-3.08%
PG	A	-3.03%
WM	A	-2.94%
LMT	D	-2.92%
AFL	A	-2.9%
ADP	A	-2.88%
CAH	B	-2.7%
MCK	B	-2.65%
ALL	A	-2.63%
MRK	D	-2.5%
CI	D	-2.5%
CTSH	A	-2.48%
HPE	B	-2.25%
ABBV	D	-2.17%
NTAP	B	-2.13%
LDOS	D	-2.01%
EOG	C	-1.96%
KMI	B	-1.84%
CINF	A	-1.36%
WMB	B	-1.34%
FFIV	A	-1.05%
MUSA	A	-0.87%
CCK	D	-0.83%
PAYX	B	-0.82%
NYT	D	-0.67%
ATR	B	-0.52%
DVA	A	-0.51%
GD	F	-0.43%
SPG	A	-0.4%
ANF	C	-0.4%
PKG	A	-0.4%
CMCSA	C	-0.38%
CSX	B	-0.31%
ALSN	B	-0.3%
SNA	A	-0.3%
CPAY	A	-0.29%
STLD	B	-0.28%
TJX	A	-0.28%
MSI	B	-0.27%
KMB	C	-0.27%
WSO	B	-0.27%
BMY	B	-0.27%
CHRD	F	-0.25%
ACN	B	-0.25%
BERY	B	-0.25%
AM	A	-0.25%
CAT	B	-0.24%
NUE	D	-0.24%
MMM	C	-0.23%
LSTR	C	-0.23%
KO	D	-0.22%
THC	D	-0.22%
PHM	D	-0.22%
CL	D	-0.22%
GIS	D	-0.21%
LEA	D	-0.21%
HCA	F	-0.2%
BBY	D	-0.2%