ULVM vs. RSPN ETF Comparison

Comparison of VictoryShares USAA MSCI USA Value Momentum ETF (ULVM) to Invesco S&P 500 Equal Weight Industrials Portfolio (RSPN)

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

RSPN

Invesco S&P 500 Equal Weight Industrials Portfolio

RSPN Description

The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is composed of all of the components of the S&P 500® Industrials Index, an index that contains the common stocks of all companies included in the S&P 500® Index that are classified as members of the industrials sector, as defined according to the Global Industry Classification Standard (GICS).

Grade (RS Rating)

Last Trade

$54.55

Average Daily Volume

38,999

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ULVM	RSPN
30 Days	6.04%	5.84%
60 Days	7.87%	8.32%
90 Days	10.00%	12.16%
12 Months	37.10%	37.79%

14 Overlapping Holdings

Symbol	Grade	Weight in ULVM	Weight in RSPN	Overlap
BLDR	D	0.42%	1.15%	0.42%
DAL	C	0.91%	1.65%	0.91%
FDX	B	0.6%	1.22%	0.6%
GD	F	1.17%	1.11%	1.11%
GE	D	0.67%	1.17%	0.67%
HWM	A	0.64%	1.4%	0.64%
IR	B	0.81%	1.32%	0.81%
LDOS	C	1.11%	1.21%	1.11%
LMT	D	1.21%	1.1%	1.1%
RTX	C	1.03%	1.18%	1.03%
TXT	D	0.78%	1.12%	0.78%
UAL	A	0.89%	2.12%	0.89%
URI	B	0.57%	1.35%	0.57%
WAB	B	1.05%	1.36%	1.05%

ULVM Overweight 111 Positions Relative to RSPN

Symbol	Grade	Weight
KMI	A	1.42%
BRK.A	B	1.39%
FI	A	1.36%
L	A	1.28%
ETR	B	1.25%
BK	A	1.23%
TRGP	B	1.22%
WELL	A	1.2%
WMT	A	1.18%
BSX	B	1.18%
PEG	A	1.18%
DUK	C	1.16%
PKG	A	1.13%
T	A	1.07%
JPM	A	1.05%
FOXA	B	1.04%
SSNC	B	1.03%
KR	B	1.0%
AVB	B	0.99%
HIG	B	0.99%
GDDY	A	0.98%
GS	A	0.98%
CTSH	B	0.97%
APP	B	0.95%
MCK	B	0.95%
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%
AXP	A	0.91%
MLM	B	0.9%
NWSA	B	0.9%
VICI	C	0.89%
TSN	B	0.89%
ESS	B	0.88%
VZ	C	0.88%
CI	F	0.88%
RGA	A	0.87%
LYB	F	0.86%
SPG	B	0.86%
GRMN	B	0.85%
EXC	C	0.85%
WY	D	0.84%
KIM	A	0.84%
IBM	C	0.84%
KHC	F	0.83%
C	A	0.83%
SYF	B	0.83%
DOW	F	0.82%
APH	A	0.82%
EME	C	0.79%
FITB	A	0.78%
STLD	B	0.78%
CBRE	B	0.77%
CSL	C	0.77%
IRM	D	0.77%
NVR	D	0.77%
GM	B	0.76%
TFC	A	0.74%
GOOGL	C	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%
CFG	B	0.67%
CRBG	B	0.67%
KEY	B	0.63%
VLO	C	0.62%
VST	B	0.61%
HPQ	B	0.6%
HPE	B	0.59%
PHM	D	0.59%
ARE	D	0.58%
MPC	D	0.58%
MSTR	C	0.58%
NTAP	C	0.57%
CVS	D	0.56%
THC	D	0.56%
LEN	D	0.55%
TOL	B	0.54%
CNC	D	0.54%
META	D	0.53%
LLY	F	0.51%
ALLY	C	0.49%
VRT	B	0.49%
F	C	0.48%
DHI	D	0.47%
WDC	D	0.46%
ADM	D	0.44%
AVGO	D	0.43%
NVDA	C	0.42%
MU	D	0.41%
INTC	D	0.41%
SWKS	F	0.39%
WSM	B	0.39%
CVNA	B	0.38%
DELL	C	0.34%
MRNA	F	0.16%

ULVM Underweight 63 Positions Relative to RSPN

Symbol	Grade	Weight
AXON	A	-1.86%
GEV	B	-1.7%
GNRC	B	-1.53%
PAYC	B	-1.52%
SNA	A	-1.5%
EMR	A	-1.49%
DAY	B	-1.48%
PWR	A	-1.44%
CMI	A	-1.42%
J	F	-1.41%
PCAR	B	-1.39%
GWW	B	-1.39%
ETN	A	-1.38%
PH	A	-1.38%
FAST	B	-1.38%
PNR	A	-1.37%
JCI	C	-1.36%
AME	A	-1.36%
IEX	B	-1.34%
TT	A	-1.33%
LUV	C	-1.33%
CPRT	A	-1.33%
HON	B	-1.32%
ODFL	B	-1.31%
CAT	B	-1.31%
HUBB	B	-1.3%
CHRW	C	-1.3%
JBHT	C	-1.29%
DOV	A	-1.28%
ITW	B	-1.27%
ADP	B	-1.27%
ROK	B	-1.27%
NSC	B	-1.26%
OTIS	C	-1.26%
BR	A	-1.26%
UPS	C	-1.25%
LHX	C	-1.25%
PAYX	C	-1.24%
WM	A	-1.24%
CTAS	B	-1.23%
VRSK	A	-1.23%
CSX	B	-1.23%
DE	A	-1.21%
FTV	C	-1.2%
RSG	A	-1.2%
NDSN	B	-1.19%
EXPD	D	-1.18%
ROL	B	-1.17%
ALLE	D	-1.16%
MMM	D	-1.15%
CARR	D	-1.14%
UBER	D	-1.13%
MAS	D	-1.13%
NOC	D	-1.11%
UNP	C	-1.11%
VLTO	D	-1.1%
XYL	D	-1.1%
TDG	D	-1.08%
BA	F	-1.08%
AOS	F	-1.06%
SWK	D	-1.01%
EFX	F	-0.94%
HII	D	-0.89%