SPHD vs. MODL ETF Comparison

Comparison of PowerShares S&P 500 High Dividend Portfolio (SPHD) to VictoryShares WestEnd U.S. Sector ETF (MODL)

SPHD

PowerShares S&P 500 High Dividend Portfolio

SPHD Description

The PowerShares S&P 500® High Dividend Portfolio (the “Fund”) seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P 500 Low Volatility High Dividend Index (the “Underlying Index”). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Underlying Index. Standard & Poor’s® compiles, maintains and calculates the Underlying Index, which is composed of 50 securities traded on the S&P 500 Index that historically have provided high dividend yields and low volatility. The Fund and the Index are rebalanced and reconstituted semi-annually, in January and July

Grade (RS Rating)

Last Trade

$51.14

Average Daily Volume

656,652

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MODL

VictoryShares WestEnd U.S. Sector ETF

MODL Description

VictoryShares WestEnd U.S. Sector ETF is an exchange traded fund launched and managed by Victory Capital Management Inc. The fund is co-managed by WestEnd Advisors, LLC. It invests in public equity markets of the United States. It invests through other funds in stocks of companies operating across consumer discretionary, consumer staples, health care, financials, information technology, real estate, communication services, and utilities sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It employs fundamental analysis with top-down stock picking approach to create its portfolio. VictoryShares WestEnd U.S. Sector ETF was formed on October 11, 2022 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$40.73

Average Daily Volume

26,985

Number of Holdings ^*

316

* may have additional holdings in another (foreign) market

Performance

Period	SPHD	MODL
30 Days	1.23%	2.91%
60 Days	2.34%	4.12%
90 Days	5.44%	5.95%
12 Months	33.65%	30.78%

22 Overlapping Holdings

Symbol	Grade	Weight in SPHD	Weight in MODL	Overlap
ABBV	D	1.37%	1.05%	1.05%
BMY	B	2.97%	0.41%	0.41%
CSCO	B	1.68%	0.31%	0.31%
DRI	B	1.69%	0.04%	0.04%
GILD	C	2.24%	0.42%	0.42%
GIS	D	1.49%	0.12%	0.12%
HRL	D	1.42%	0.03%	0.03%
IBM	C	1.77%	0.26%	0.26%
IPG	D	1.75%	0.02%	0.02%
JNJ	D	1.3%	1.33%	1.3%
K	A	2.26%	0.08%	0.08%
KHC	F	1.94%	0.13%	0.13%
KVUE	A	2.26%	0.16%	0.16%
MDT	D	1.55%	0.4%	0.4%
MO	A	3.1%	0.33%	0.33%
OMC	C	1.43%	0.04%	0.04%
PFE	D	2.13%	0.51%	0.51%
PM	B	2.32%	0.66%	0.66%
PRU	A	1.78%	0.13%	0.13%
T	A	2.72%	0.34%	0.34%
VTRS	A	2.01%	0.06%	0.06%
VZ	C	2.68%	0.37%	0.37%

SPHD Overweight 28 Positions Relative to MODL

Symbol	Grade	Weight
KMI	A	2.93%
CCI	D	2.52%
OKE	A	2.52%
SPG	B	2.46%
VICI	C	2.42%
D	C	2.38%
WMB	A	2.28%
ETR	B	2.21%
EVRG	A	2.18%
O	D	2.14%
AMCR	D	2.06%
PNW	B	2.02%
UPS	C	1.98%
WEC	A	1.93%
ES	D	1.9%
LYB	F	1.88%
EIX	B	1.84%
CAG	D	1.84%
FRT	B	1.84%
HST	C	1.82%
EXC	C	1.8%
DOW	F	1.8%
FE	C	1.75%
DUK	C	1.68%
CVX	A	1.65%
SJM	D	1.48%
XOM	B	1.39%
EMN	D	1.38%

SPHD Underweight 294 Positions Relative to MODL

Symbol	Grade	Weight
MSFT	F	-5.77%
AAPL	C	-4.85%
NVDA	C	-4.61%
AMZN	C	-3.64%
META	D	-2.64%
LLY	F	-2.3%
GOOGL	C	-2.21%
UNH	C	-1.99%
GOOG	C	-1.97%
JPM	A	-1.89%
TSLA	B	-1.86%
BRK.A	B	-1.72%
COST	B	-1.6%
PG	A	-1.54%
V	A	-1.47%
WMT	A	-1.32%
MA	C	-1.21%
AVGO	D	-1.06%
GS	A	-1.05%
BAC	A	-1.02%
MS	A	-0.94%
SPGI	C	-0.93%
KO	D	-0.92%
BLK	C	-0.9%
MRK	F	-0.88%
HD	A	-0.8%
NFLX	A	-0.77%
BX	A	-0.76%
PEP	F	-0.76%
SCHW	B	-0.76%
ABT	B	-0.72%
TMO	F	-0.69%
ISRG	A	-0.69%
WFC	A	-0.69%
BRK.A	B	-0.65%
KKR	A	-0.59%
AXP	A	-0.56%
CRM	B	-0.54%
AMGN	D	-0.54%
DHR	F	-0.54%
ORCL	B	-0.53%
ICE	C	-0.52%
SYK	C	-0.5%
MCO	B	-0.5%
CME	A	-0.48%
BSX	B	-0.48%
VRTX	F	-0.44%
DIS	B	-0.43%
ADBE	C	-0.42%
PGR	A	-0.42%
MCD	D	-0.4%
COIN	C	-0.37%
NOW	A	-0.37%
C	A	-0.37%
INTU	C	-0.35%
FI	A	-0.34%
CMCSA	B	-0.34%
CB	C	-0.33%
ELV	F	-0.33%
BK	A	-0.33%
BKNG	A	-0.32%
AMD	F	-0.32%
MCK	B	-0.32%
CI	F	-0.32%
ACN	C	-0.31%
AMP	A	-0.31%
MMC	B	-0.31%
REGN	F	-0.3%
LOW	D	-0.3%
ZTS	D	-0.29%
CL	D	-0.28%
MDLZ	F	-0.27%
TGT	F	-0.27%
TJX	A	-0.26%
TXN	C	-0.26%
MSCI	C	-0.26%
QCOM	F	-0.25%
CVS	D	-0.24%
TMUS	B	-0.24%
PYPL	B	-0.24%
AON	A	-0.23%
PNC	B	-0.23%
HCA	F	-0.23%
USB	A	-0.22%
PANW	C	-0.22%
BDX	F	-0.22%
SBUX	A	-0.21%
AMAT	F	-0.2%
COF	B	-0.19%
PLTR	B	-0.19%
ARES	A	-0.18%
AJG	B	-0.18%
APO	B	-0.18%
TRV	B	-0.17%
NKE	D	-0.17%
RJF	A	-0.17%
KMB	D	-0.17%
TFC	A	-0.17%
CRWD	B	-0.16%
AFL	B	-0.16%
STT	A	-0.16%
TROW	B	-0.15%
EW	C	-0.15%
MU	D	-0.15%
ALL	A	-0.15%
CDNS	B	-0.15%
INTC	D	-0.15%
NDAQ	A	-0.15%
COR	B	-0.15%
CMG	B	-0.15%
SNPS	B	-0.15%
MET	A	-0.14%
FIS	C	-0.14%
SQ	B	-0.14%
AIG	B	-0.14%
KR	B	-0.14%
ADI	D	-0.14%
MNST	C	-0.14%
STZ	D	-0.14%
IDXX	F	-0.13%
HLT	A	-0.13%
RMD	C	-0.13%
MAR	B	-0.13%
LRCX	F	-0.13%
GEHC	F	-0.13%
SYY	B	-0.13%
ORLY	B	-0.13%
ANET	C	-0.13%
A	D	-0.13%
LPLA	A	-0.13%
MSTR	C	-0.12%
KLAC	D	-0.12%
VEEV	C	-0.12%
HUM	C	-0.12%
APH	A	-0.12%
DFS	B	-0.12%
GM	B	-0.12%
IQV	D	-0.12%
APP	B	-0.12%
NTRS	A	-0.12%
CBOE	B	-0.12%
ALNY	D	-0.11%
FDS	B	-0.11%
CAH	B	-0.11%
MRVL	B	-0.11%
DXCM	D	-0.11%
ROP	B	-0.11%
CNC	D	-0.11%
KDP	D	-0.11%
ABNB	C	-0.11%
MSI	B	-0.11%
ADSK	A	-0.11%
TTD	B	-0.11%
FICO	B	-0.1%
HIG	B	-0.1%
MTB	A	-0.1%
ACGL	D	-0.1%
ADM	D	-0.1%
WDAY	B	-0.1%
DASH	A	-0.1%
AZO	C	-0.1%
RCL	A	-0.1%
FTNT	C	-0.1%
CHD	B	-0.1%
HSY	F	-0.09%
FITB	A	-0.09%
DHI	D	-0.09%
MTD	D	-0.09%
ROST	C	-0.09%
WTW	B	-0.09%
CHTR	C	-0.08%
WAT	B	-0.08%
ILMN	D	-0.08%
LEN	D	-0.08%
WST	C	-0.08%
CLX	B	-0.08%
GPN	B	-0.08%
F	C	-0.08%
BIIB	F	-0.08%
ZBH	C	-0.08%
EA	A	-0.08%
CINF	A	-0.07%
DGX	A	-0.07%
HUBS	A	-0.07%
RF	A	-0.07%
PODD	C	-0.07%
TTWO	A	-0.07%
DDOG	A	-0.07%
SYF	B	-0.07%
CPAY	A	-0.07%
DG	F	-0.07%
HBAN	A	-0.07%
STE	F	-0.07%
LH	C	-0.07%
YUM	B	-0.07%
BRO	B	-0.07%
DLTR	F	-0.06%
SNOW	C	-0.06%
CFG	B	-0.06%
PFG	D	-0.06%
ANSS	B	-0.06%
TSCO	D	-0.06%
ALGN	D	-0.06%
LW	C	-0.06%
EBAY	D	-0.06%
BAX	D	-0.06%
FCNCA	A	-0.06%
MKL	A	-0.06%
TSN	B	-0.06%
GRMN	B	-0.06%
EL	F	-0.06%
MOH	F	-0.06%
TEAM	A	-0.06%
LULU	C	-0.06%
MKC	D	-0.06%
HOLX	D	-0.06%
TYL	B	-0.05%
CCL	B	-0.05%
MCHP	D	-0.05%
MRNA	F	-0.05%
AVTR	F	-0.05%
RVTY	F	-0.05%
GLW	B	-0.05%
WBD	C	-0.05%
HPQ	B	-0.05%
WRB	A	-0.05%
NVR	D	-0.05%
PHM	D	-0.05%
DELL	C	-0.05%
DECK	A	-0.05%
CTSH	B	-0.05%
INCY	C	-0.05%
IT	C	-0.05%
RBLX	C	-0.05%
JKHY	D	-0.04%
BEN	C	-0.04%
RPRX	D	-0.04%
GDDY	A	-0.04%
KEYS	A	-0.04%
LVS	C	-0.04%
PINS	D	-0.04%
MPWR	F	-0.04%
HPE	B	-0.04%
DKNG	B	-0.04%
ON	D	-0.04%
PTC	A	-0.04%
NET	B	-0.04%
LYV	A	-0.04%
BMRN	D	-0.04%
EXPE	B	-0.04%
L	A	-0.04%
POOL	C	-0.03%
DT	C	-0.03%
ZBRA	B	-0.03%
APTV	D	-0.03%
FSLR	F	-0.03%
STX	D	-0.03%
MDB	C	-0.03%
TDY	B	-0.03%
DPZ	C	-0.03%
WDC	D	-0.03%
WSM	B	-0.03%
ULTA	F	-0.03%
CDW	F	-0.03%
GPC	D	-0.03%
NTAP	C	-0.03%
BBY	D	-0.03%
EG	C	-0.03%
ZS	C	-0.03%
ZM	B	-0.03%
OKTA	C	-0.02%
SMCI	F	-0.02%
MGM	D	-0.02%
AKAM	D	-0.02%
CELH	F	-0.02%
SWKS	F	-0.02%
JBL	B	-0.02%
CRBG	B	-0.02%
FOXA	B	-0.02%
PSTG	D	-0.02%
ENTG	D	-0.02%
GEN	B	-0.02%
WBA	F	-0.02%
TRMB	B	-0.02%
TER	D	-0.02%
VRSN	F	-0.02%
SNAP	C	-0.02%
MANH	D	-0.01%
NTNX	A	-0.01%
ENPH	F	-0.01%
FOX	A	-0.01%
BSY	D	-0.01%
LEN	D	-0.0%
IOT	A	-0.0%