SMRI vs. VSMV ETF Comparison

Comparison of Bushido Capital US Equity ETF (SMRI) to VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV)

SMRI

Bushido Capital US Equity ETF

SMRI 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 the fund"s net assets (plus the amount of any borrowings for investment purposes) in U.S. listed common stock.

Grade (RS Rating)

Last Trade

$33.54

Average Daily Volume

5,628

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

$50.09

Average Daily Volume

11,492

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMRI	VSMV
30 Days	10.48%	3.22%
60 Days	9.99%	4.01%
90 Days	11.21%	4.52%
12 Months	34.42%	23.25%

15 Overlapping Holdings

Symbol	Grade	Weight in SMRI	Weight in VSMV	Overlap
CAH	B	2.04%	2.74%	2.04%
CI	F	1.71%	2.51%	1.71%
COR	B	2.0%	3.24%	2.0%
EOG	A	1.97%	1.95%	1.95%
FFIV	B	2.03%	1.06%	1.06%
HPE	B	2.1%	2.26%	2.1%
MCK	B	2.34%	2.64%	2.34%
MRK	F	1.58%	2.46%	1.58%
NTAP	C	1.79%	2.02%	1.79%
NUE	C	1.81%	0.25%	0.25%
PAYX	C	2.03%	0.83%	0.83%
PHM	D	1.68%	0.22%	0.22%
PYPL	B	2.03%	0.27%	0.27%
SNA	A	2.33%	0.3%	0.3%
XOM	B	1.91%	3.55%	1.91%

SMRI Overweight 35 Positions Relative to VSMV

Symbol	Grade	Weight
APP	B	4.07%
DAL	C	2.56%
DOCU	A	2.55%
EXPE	B	2.33%
VST	B	2.32%
EPAM	C	2.28%
BKNG	A	2.22%
ZM	B	2.2%
PCAR	B	2.16%
EME	C	2.14%
JBL	B	2.11%
GEN	B	2.07%
OC	A	2.07%
CVX	A	2.04%
UTHR	C	2.0%
EG	C	1.97%
VLO	C	1.94%
NRG	B	1.93%
ABNB	C	1.91%
BWA	D	1.89%
SLB	C	1.87%
FANG	D	1.84%
QCOM	F	1.81%
LKQ	D	1.79%
MPC	D	1.79%
DVN	F	1.78%
NVR	D	1.76%
LEN	D	1.71%
BLD	D	1.68%
BG	F	1.68%
AMGN	D	1.68%
MOH	F	1.64%
WSM	B	1.59%
CNC	D	1.46%
ELV	F	1.43%

SMRI Underweight 53 Positions Relative to VSMV

Symbol	Grade	Weight
AAPL	C	-9.39%
MSFT	F	-8.89%
WMT	A	-3.81%
JNJ	D	-3.43%
RSG	A	-3.09%
LMT	D	-3.01%
WM	A	-3.0%
PG	A	-2.92%
ADP	B	-2.91%
AFL	B	-2.87%
CTSH	B	-2.59%
COST	B	-2.58%
ALL	A	-2.55%
LDOS	C	-2.38%
ABBV	D	-2.15%
GOOGL	C	-1.88%
KMI	A	-1.73%
CINF	A	-1.33%
WMB	A	-1.24%
MUSA	A	-0.86%
CCK	C	-0.84%
NYT	C	-0.69%
ATR	B	-0.54%
GD	F	-0.48%
DVA	B	-0.48%
ANF	C	-0.4%
PKG	A	-0.39%
SPG	B	-0.39%
CMCSA	B	-0.38%
CSX	B	-0.32%
ALSN	B	-0.3%
CPAY	A	-0.29%
TJX	A	-0.28%
GILD	C	-0.27%
WSO	A	-0.27%
MSI	B	-0.27%
STLD	B	-0.27%
BMY	B	-0.27%
KMB	D	-0.26%
ACN	C	-0.25%
THC	D	-0.24%
BERY	B	-0.24%
CAT	B	-0.24%
CHRD	D	-0.24%
AM	A	-0.24%
LSTR	D	-0.24%
MMM	D	-0.23%
LEA	D	-0.22%
HCA	F	-0.21%
KO	D	-0.21%
CL	D	-0.21%
BBY	D	-0.21%
GIS	D	-0.21%