ROE vs. ULVM ETF Comparison

Comparison of Astoria US Quality Kings ETF (ROE) to VictoryShares USAA MSCI USA Value Momentum ETF (ULVM)

ROE

Astoria US Quality Kings ETF

ROE Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in common stock principally traded in the U.S. The fund seeks to invest in companies that exhibit robust quality characteristics across sectors, with attractive valuations and dividend paying potential, as determined by the fund"s sub-adviser.

Grade (RS Rating)

Last Trade

$31.78

Average Daily Volume

13,670

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ULVM

VictoryShares USAA MSCI USA Value Momentum ETF

ULVM Description

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

$86.63

Average Daily Volume

2,586

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

Performance

Period	ROE	ULVM
30 Days	3.50%	6.04%
60 Days	4.18%	7.87%
90 Days	4.70%	10.00%
12 Months	32.06%	37.10%

27 Overlapping Holdings

Symbol	Grade	Weight in ROE	Weight in ULVM	Overlap
APH	A	1.04%	0.82%	0.82%
APP	B	2.26%	0.95%	0.95%
CSL	C	0.98%	0.77%	0.77%
CTSH	B	0.99%	0.97%	0.97%
DHI	D	0.82%	0.47%	0.47%
EME	C	1.14%	0.79%	0.79%
ETR	B	1.13%	1.25%	1.13%
GOOGL	C	1.05%	0.74%	0.74%
HIG	B	0.99%	0.99%	0.99%
IBM	C	0.93%	0.84%	0.84%
LLY	F	0.78%	0.51%	0.51%
LMT	D	0.9%	1.21%	0.9%
MCK	B	1.25%	0.95%	0.95%
META	D	0.97%	0.53%	0.53%
NTAP	C	0.96%	0.57%	0.57%
NVDA	C	1.14%	0.42%	0.42%
PHM	D	0.88%	0.59%	0.59%
SPG	B	1.05%	0.86%	0.86%
SWKS	F	0.83%	0.39%	0.39%
SYF	B	1.27%	0.83%	0.83%
THC	D	0.91%	0.56%	0.56%
URI	B	1.03%	0.57%	0.57%
VICI	C	0.94%	0.89%	0.89%
VLO	C	1.0%	0.62%	0.62%
VST	B	1.27%	0.61%	0.61%
VZ	C	0.93%	0.88%	0.88%
WSM	B	0.86%	0.39%	0.39%

ROE Overweight 72 Positions Relative to ULVM

Symbol	Grade	Weight
APO	B	1.28%
LYV	A	1.21%
AMP	A	1.2%
CHTR	C	1.17%
NFLX	A	1.16%
TMUS	B	1.15%
V	A	1.11%
GWW	B	1.11%
PANW	C	1.1%
ORCL	B	1.1%
MSI	B	1.08%
MO	A	1.08%
RPM	A	1.08%
TRV	B	1.08%
PM	B	1.07%
TROW	B	1.07%
CSCO	B	1.07%
CAH	B	1.06%
GEN	B	1.06%
WRB	A	1.05%
EOG	A	1.05%
COR	B	1.05%
ALL	A	1.03%
NRG	B	1.03%
DPZ	C	1.02%
HD	A	1.02%
ACN	C	1.02%
CMCSA	B	1.02%
DOV	A	1.02%
ITW	B	1.02%
AFL	B	1.01%
JBL	B	1.01%
LOW	D	1.01%
TJX	A	1.0%
PGR	A	0.99%
TXN	C	0.99%
YUM	B	0.98%
TGT	F	0.98%
AAPL	C	0.98%
CAT	B	0.98%
SYY	B	0.98%
CB	C	0.97%
QCOM	F	0.96%
MSFT	F	0.95%
KMB	D	0.95%
RMD	C	0.95%
EG	C	0.95%
JNJ	D	0.94%
OMC	C	0.94%
ANET	C	0.94%
ON	D	0.93%
ADBE	C	0.93%
NXPI	D	0.92%
EBAY	D	0.92%
DVN	F	0.92%
SBAC	D	0.91%
ROST	C	0.91%
CL	D	0.9%
ZTS	D	0.89%
GEHC	F	0.88%
A	D	0.86%
AMAT	F	0.85%
ABBV	D	0.84%
LRCX	F	0.83%
MCHP	F	0.83%
MRK	F	0.82%
KLAC	D	0.79%
CDW	F	0.78%
TER	D	0.78%
FSLR	F	0.77%
MPWR	F	0.64%
CE	F	0.54%

ROE Underweight 98 Positions Relative to ULVM

Symbol	Grade	Weight
KMI	A	-1.42%
BRK.A	B	-1.39%
FI	A	-1.36%
L	A	-1.28%
BK	A	-1.23%
TRGP	B	-1.22%
WELL	A	-1.2%
WMT	A	-1.18%
BSX	B	-1.18%
PEG	A	-1.18%
GD	F	-1.17%
DUK	C	-1.16%
PKG	A	-1.13%
LDOS	C	-1.11%
T	A	-1.07%
JPM	A	-1.05%
WAB	B	-1.05%
FOXA	B	-1.04%
SSNC	B	-1.03%
RTX	C	-1.03%
KR	B	-1.0%
AVB	B	-0.99%
GDDY	A	-0.98%
GS	A	-0.98%
COST	B	-0.95%
WFC	A	-0.94%
BAC	A	-0.93%
EQH	B	-0.93%
AIG	B	-0.93%
COF	B	-0.93%
DGX	A	-0.92%
DAL	C	-0.91%
AXP	A	-0.91%
MLM	B	-0.9%
NWSA	B	-0.9%
UAL	A	-0.89%
TSN	B	-0.89%
ESS	B	-0.88%
CI	F	-0.88%
RGA	A	-0.87%
LYB	F	-0.86%
GRMN	B	-0.85%
EXC	C	-0.85%
WY	D	-0.84%
KIM	A	-0.84%
KHC	F	-0.83%
C	A	-0.83%
DOW	F	-0.82%
IR	B	-0.81%
FITB	A	-0.78%
STLD	B	-0.78%
TXT	D	-0.78%
CBRE	B	-0.77%
IRM	D	-0.77%
NVR	D	-0.77%
GM	B	-0.76%
TFC	A	-0.74%
IP	B	-0.73%
KKR	A	-0.72%
REGN	F	-0.72%
OC	A	-0.72%
VTRS	A	-0.71%
ELV	F	-0.71%
CASY	A	-0.71%
FANG	D	-0.7%
PSX	C	-0.7%
HCA	F	-0.7%
FCNCA	A	-0.69%
DD	D	-0.68%
UTHR	C	-0.68%
PFE	D	-0.68%
GE	D	-0.67%
CFG	B	-0.67%
CRBG	B	-0.67%
HWM	A	-0.64%
KEY	B	-0.63%
HPQ	A	-0.6%
FDX	B	-0.6%
HPE	B	-0.59%
ARE	D	-0.58%
MPC	D	-0.58%
MSTR	C	-0.58%
CVS	D	-0.56%
LEN	D	-0.55%
TOL	B	-0.54%
CNC	D	-0.54%
ALLY	C	-0.49%
VRT	B	-0.49%
F	C	-0.48%
WDC	D	-0.46%
ADM	D	-0.44%
AVGO	D	-0.43%
BLDR	D	-0.42%
MU	D	-0.41%
INTC	D	-0.41%
CVNA	B	-0.38%
DELL	C	-0.34%
MRNA	F	-0.16%