ULVM vs. IWL ETF Comparison

Comparison of VictoryShares USAA MSCI USA Value Momentum ETF (ULVM) to iShares Russell Top 200 ETF (IWL)

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

IWL

iShares Russell Top 200 ETF

IWL Description

The investment seeks to track the investment results of an index composed of large-capitalization U.S. equities. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Russell Top 200Â® Index (the "underlying index"), which is a float-adjusted, capitalization-weighted index that measures the performance of the largest capitalization sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$145.86

Average Daily Volume

52,339

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

Performance

Period	ULVM	IWL
30 Days	6.04%	2.93%
60 Days	7.87%	4.56%
90 Days	10.00%	6.33%
12 Months	37.10%	33.26%

48 Overlapping Holdings

Symbol	Grade	Weight in ULVM	Weight in IWL	Overlap
AIG	B	0.91%	0.12%	0.12%
APH	A	0.8%	0.2%	0.2%
AVGO	D	0.41%	1.78%	0.41%
AXP	A	0.9%	0.38%	0.38%
BAC	A	0.92%	0.76%	0.76%
BRK.A	B	1.38%	2.05%	1.38%
BSX	B	1.2%	0.3%	0.3%
C	A	0.82%	0.31%	0.31%
CI	F	0.87%	0.21%	0.21%
COF	B	0.92%	0.17%	0.17%
COST	B	0.95%	0.96%	0.95%
CVS	D	0.58%	0.16%	0.16%
DELL	C	0.34%	0.09%	0.09%
DUK	C	1.18%	0.21%	0.21%
ELV	F	0.69%	0.22%	0.22%
F	C	0.46%	0.1%	0.1%
FDX	B	0.59%	0.16%	0.16%
FI	A	1.39%	0.29%	0.29%
GD	F	1.11%	0.19%	0.19%
GE	D	0.66%	0.46%	0.46%
GM	B	0.72%	0.15%	0.15%
GOOGL	C	0.74%	2.41%	0.74%
GS	A	0.96%	0.45%	0.45%
HCA	F	0.67%	0.15%	0.15%
IBM	C	0.86%	0.45%	0.45%
INTC	D	0.39%	0.25%	0.25%
JPM	A	1.03%	1.67%	1.03%
KHC	F	0.8%	0.07%	0.07%
KKR	A	0.72%	0.24%	0.24%
LLY	F	0.49%	1.42%	0.49%
LMT	D	1.19%	0.27%	0.27%
MCK	B	0.96%	0.19%	0.19%
META	D	0.51%	2.89%	0.51%
MPC	D	0.58%	0.13%	0.13%
MRNA	F	0.14%	0.03%	0.03%
MU	D	0.4%	0.25%	0.25%
NVDA	C	0.42%	7.91%	0.42%
PFE	D	0.65%	0.33%	0.33%
PSX	C	0.71%	0.13%	0.13%
REGN	F	0.68%	0.19%	0.19%
RTX	C	1.02%	0.38%	0.38%
T	A	1.09%	0.39%	0.39%
TFC	A	0.74%	0.15%	0.15%
VLO	C	0.62%	0.11%	0.11%
VZ	C	0.9%	0.42%	0.42%
WELL	A	1.22%	0.2%	0.2%
WFC	A	0.94%	0.62%	0.62%
WMT	A	1.2%	0.87%	0.87%

ULVM Overweight 77 Positions Relative to IWL

Symbol	Grade	Weight
KMI	A	1.47%
L	A	1.3%
TRGP	B	1.28%
ETR	B	1.27%
PEG	A	1.22%
BK	A	1.22%
PKG	A	1.16%
APP	B	1.08%
LDOS	C	1.07%
WAB	B	1.03%
SSNC	B	1.01%
GDDY	A	1.0%
HIG	B	1.0%
FOXA	B	0.99%
AVB	B	0.98%
KR	B	0.96%
DGX	A	0.94%
CTSH	B	0.93%
UAL	A	0.91%
NWSA	B	0.9%
EQH	B	0.9%
VICI	C	0.9%
DAL	C	0.89%
MLM	B	0.89%
TSN	B	0.88%
ESS	B	0.87%
EXC	C	0.86%
SPG	B	0.86%
LYB	F	0.85%
KIM	A	0.85%
RGA	A	0.85%
MSTR	C	0.84%
GRMN	B	0.82%
SYF	B	0.82%
WY	D	0.82%
IR	B	0.81%
STLD	B	0.81%
EME	C	0.81%
DOW	F	0.8%
IRM	D	0.78%
FITB	A	0.76%
CBRE	B	0.76%
NVR	D	0.75%
IP	B	0.75%
TXT	D	0.74%
VTRS	A	0.73%
CSL	C	0.73%
FCNCA	A	0.72%
CASY	A	0.72%
OC	A	0.71%
FANG	D	0.69%
DD	D	0.67%
CRBG	B	0.67%
VST	B	0.67%
CFG	B	0.66%
HWM	A	0.66%
UTHR	C	0.64%
KEY	B	0.62%
HPQ	B	0.6%
NTAP	C	0.59%
HPE	B	0.58%
PHM	D	0.58%
VRT	B	0.56%
URI	B	0.55%
ARE	D	0.55%
CNC	D	0.54%
LEN	D	0.54%
TOL	B	0.53%
THC	D	0.52%
WSM	B	0.52%
ALLY	C	0.48%
DHI	D	0.47%
WDC	D	0.46%
ADM	D	0.44%
BLDR	D	0.4%
CVNA	B	0.38%
SWKS	F	0.38%

ULVM Underweight 149 Positions Relative to IWL

Symbol	Grade	Weight
AAPL	C	-7.79%
MSFT	F	-7.35%
AMZN	C	-4.48%
TSLA	B	-2.12%
GOOG	C	-2.04%
UNH	C	-1.3%
XOM	B	-1.27%
V	A	-1.16%
MA	C	-1.03%
HD	A	-0.96%
PG	A	-0.95%
JNJ	D	-0.88%
NFLX	A	-0.84%
CRM	B	-0.73%
ABBV	D	-0.7%
ORCL	B	-0.69%
CVX	A	-0.66%
MRK	F	-0.58%
KO	D	-0.57%
CSCO	B	-0.55%
ACN	C	-0.53%
ADBE	C	-0.53%
AMD	F	-0.52%
PEP	F	-0.52%
LIN	D	-0.51%
MCD	D	-0.5%
DIS	B	-0.5%
NOW	A	-0.49%
PM	B	-0.48%
ABT	B	-0.48%
TMO	F	-0.47%
CAT	B	-0.45%
INTU	C	-0.45%
TXN	C	-0.44%
ISRG	A	-0.44%
QCOM	F	-0.43%
BKNG	A	-0.4%
CMCSA	B	-0.39%
SPGI	C	-0.38%
LOW	D	-0.37%
BLK	C	-0.37%
MS	A	-0.37%
NEE	D	-0.37%
PGR	A	-0.36%
AMGN	D	-0.36%
UBER	D	-0.35%
DHR	F	-0.35%
HON	B	-0.35%
SYK	C	-0.34%
ETN	A	-0.34%
UNP	C	-0.34%
AMAT	F	-0.33%
TJX	A	-0.32%
BX	A	-0.31%
COP	C	-0.31%
SCHW	B	-0.29%
VRTX	F	-0.29%
ADP	B	-0.29%
CB	C	-0.28%
PANW	C	-0.28%
SBUX	A	-0.27%
MDT	D	-0.27%
TMUS	B	-0.27%
BMY	B	-0.27%
MMC	B	-0.26%
GILD	C	-0.26%
PLD	D	-0.25%
DE	A	-0.24%
ADI	D	-0.24%
BA	F	-0.23%
MO	A	-0.23%
SO	D	-0.23%
ANET	C	-0.23%
UPS	C	-0.23%
LRCX	F	-0.22%
AMT	D	-0.22%
NKE	D	-0.22%
TT	A	-0.22%
MDLZ	F	-0.21%
WM	A	-0.21%
PYPL	B	-0.21%
ICE	C	-0.21%
SHW	A	-0.21%
PH	A	-0.21%
GEV	B	-0.21%
PNC	B	-0.2%
KLAC	D	-0.2%
EQIX	A	-0.2%
APO	B	-0.2%
USB	A	-0.19%
CDNS	B	-0.19%
SNPS	B	-0.19%
ZTS	D	-0.19%
CMG	B	-0.19%
ITW	B	-0.19%
MSI	B	-0.19%
CME	A	-0.19%
CTAS	B	-0.18%
AON	A	-0.18%
MCO	B	-0.18%
MRVL	B	-0.18%
CL	D	-0.18%
CRWD	B	-0.18%
EOG	A	-0.18%
ORLY	B	-0.17%
CEG	D	-0.17%
TGT	F	-0.17%
APD	A	-0.17%
MMM	D	-0.17%
EMR	A	-0.17%
BDX	F	-0.16%
CRH	A	-0.16%
NOC	D	-0.16%
TDG	D	-0.16%
CSX	B	-0.16%
ECL	D	-0.15%
FCX	D	-0.15%
SLB	C	-0.15%
CARR	D	-0.15%
MAR	B	-0.15%
ADSK	A	-0.15%
PCAR	B	-0.14%
ABNB	C	-0.14%
SRE	A	-0.14%
DASH	A	-0.14%
ROP	B	-0.14%
NSC	B	-0.14%
FTNT	C	-0.14%
TRV	B	-0.14%
PSA	D	-0.13%
AZO	C	-0.13%
WDAY	B	-0.13%
JCI	C	-0.13%
MET	A	-0.12%
CPRT	A	-0.12%
AEP	D	-0.12%
KMB	D	-0.11%
NEM	D	-0.11%
D	C	-0.11%
EW	C	-0.1%
RSG	A	-0.1%
MNST	C	-0.09%
TEAM	A	-0.09%
STZ	D	-0.09%
LULU	C	-0.09%
SNOW	C	-0.09%
OXY	D	-0.08%
KDP	D	-0.08%
EL	F	-0.03%