ULVM vs. SPMO ETF Comparison

Comparison of VictoryShares USAA MSCI USA Value Momentum ETF (ULVM) to PowerShares S&P 500 Momentum Portfolio (SPMO)

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

SPMO

PowerShares S&P 500 Momentum Portfolio

SPMO Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P 500 Momentum Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in common stocks that comprise the underlying index. The underlying index is designed to track the performance of approximately 100 stocks in the S&P 500 Index that have the highest "momentum score." In general, momentum is the tendency of an investment to exhibit persistence in its relative performance. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$95.58

Average Daily Volume

717,934

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ULVM	SPMO
30 Days	6.04%	2.84%
60 Days	7.87%	5.10%
90 Days	10.00%	6.74%
12 Months	37.10%	54.82%

50 Overlapping Holdings

Symbol	Grade	Weight in ULVM	Weight in SPMO	Overlap
AIG	B	0.93%	0.33%	0.33%
APH	A	0.82%	0.65%	0.65%
AVGO	D	0.43%	5.46%	0.43%
AXP	A	0.91%	1.39%	0.91%
BK	A	1.23%	0.54%	0.54%
BRK.A	B	1.39%	6.07%	1.39%
BSX	B	1.18%	0.98%	0.98%
C	A	0.83%	0.89%	0.83%
COST	B	0.95%	3.79%	0.95%
FANG	D	0.7%	0.22%	0.22%
FI	A	1.36%	0.78%	0.78%
FITB	A	0.78%	0.2%	0.2%
GD	F	1.17%	0.55%	0.55%
GDDY	A	0.98%	0.31%	0.31%
GE	D	0.67%	2.09%	0.67%
GRMN	B	0.85%	0.29%	0.29%
GS	A	0.98%	1.47%	0.98%
HIG	B	0.99%	0.38%	0.38%
HWM	A	0.64%	0.44%	0.44%
IBM	C	0.84%	1.27%	0.84%
IR	B	0.81%	0.34%	0.34%
IRM	D	0.77%	0.37%	0.37%
JPM	A	1.05%	5.38%	1.05%
KKR	A	0.72%	1.23%	0.72%
KMI	A	1.42%	0.32%	0.32%
L	A	1.28%	0.11%	0.11%
LDOS	C	1.11%	0.21%	0.21%
LLY	F	0.51%	5.19%	0.51%
MCK	B	0.95%	0.81%	0.81%
META	D	0.53%	6.24%	0.53%
MLM	B	0.9%	0.19%	0.19%
MPC	D	0.58%	0.27%	0.27%
NTAP	C	0.57%	0.19%	0.19%
NVDA	C	0.42%	10.2%	0.42%
NVR	D	0.77%	0.15%	0.15%
NWSA	B	0.9%	0.07%	0.07%
PEG	A	1.18%	0.27%	0.27%
PHM	D	0.59%	0.18%	0.18%
PKG	A	1.13%	0.14%	0.14%
PSX	C	0.7%	0.3%	0.3%
REGN	F	0.72%	0.72%	0.72%
RTX	C	1.03%	1.01%	1.01%
SYF	B	0.83%	0.17%	0.17%
T	A	1.07%	1.15%	1.07%
TRGP	B	1.22%	0.47%	0.47%
URI	B	0.57%	0.36%	0.36%
VST	B	0.61%	0.59%	0.59%
WAB	B	1.05%	0.22%	0.22%
WELL	A	1.2%	0.57%	0.57%
WMT	A	1.18%	2.39%	1.18%

ULVM Overweight 75 Positions Relative to SPMO

Symbol	Grade	Weight
ETR	B	1.25%
LMT	D	1.21%
DUK	C	1.16%
FOXA	B	1.04%
SSNC	B	1.03%
KR	B	1.0%
AVB	B	0.99%
CTSH	B	0.97%
APP	B	0.95%
WFC	A	0.94%
BAC	A	0.93%
EQH	B	0.93%
COF	B	0.93%
DGX	A	0.92%
DAL	C	0.91%
UAL	A	0.89%
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%
EXC	C	0.85%
WY	D	0.84%
KIM	A	0.84%
KHC	F	0.83%
DOW	F	0.82%
EME	C	0.79%
STLD	B	0.78%
TXT	D	0.78%
CBRE	B	0.77%
CSL	C	0.77%
GM	B	0.76%
TFC	A	0.74%
GOOGL	C	0.74%
IP	B	0.73%
OC	A	0.72%
VTRS	A	0.71%
ELV	F	0.71%
CASY	A	0.71%
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%
HPQ	B	0.6%
FDX	B	0.6%
HPE	B	0.59%
ARE	D	0.58%
MSTR	C	0.58%
CVS	D	0.56%
THC	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%
DHI	D	0.47%
WDC	D	0.46%
ADM	D	0.44%
BLDR	D	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 48 Positions Relative to SPMO

Symbol	Grade	Weight
AMZN	C	-9.74%
PGR	A	-1.61%
AMGN	D	-1.04%
TMUS	B	-0.99%
TJX	A	-0.99%
ETN	A	-0.96%
ANET	C	-0.92%
TT	A	-0.85%
CB	C	-0.84%
VRTX	F	-0.77%
CTAS	B	-0.72%
MSI	B	-0.67%
ICE	C	-0.65%
CL	D	-0.62%
CEG	D	-0.58%
FICO	B	-0.57%
TDG	D	-0.56%
KLAC	D	-0.53%
PH	A	-0.52%
CMG	B	-0.47%
ALL	A	-0.46%
WMB	A	-0.45%
AJG	B	-0.44%
WM	A	-0.44%
HLT	A	-0.43%
AFL	B	-0.38%
OKE	A	-0.38%
PRU	A	-0.33%
RSG	A	-0.33%
ECL	D	-0.33%
GWW	B	-0.32%
AXON	A	-0.3%
RCL	A	-0.28%
COR	B	-0.26%
IT	C	-0.24%
NRG	B	-0.23%
VLTO	D	-0.21%
BRO	B	-0.21%
NDAQ	A	-0.21%
WTW	B	-0.2%
DECK	A	-0.17%
TYL	B	-0.16%
STX	D	-0.15%
BR	A	-0.15%
CBOE	B	-0.13%
WRB	A	-0.12%
UHS	D	-0.09%
NWS	B	-0.02%