ULVM vs. SPVM ETF Comparison

Comparison of VictoryShares USAA MSCI USA Value Momentum ETF (ULVM) to Invesco S&P 500 Value with Momentum ETF (SPVM)

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

SPVM

Invesco S&P 500 Value with Momentum ETF

SPVM Description

The investment seeks to track the investment results (before fees and expenses) of the S&P 500 High Momentum Value Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, the index provider compiles, maintains and calculates the underlying index, which is designed to track the performance of approximately 100 stocks in the S&P 500® that have the highest value and momentum scores.

Grade (RS Rating)

Last Trade

$62.54

Average Daily Volume

1,261

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ULVM	SPVM
30 Days	6.04%	6.18%
60 Days	7.87%	7.47%
90 Days	10.00%	8.80%
12 Months	37.10%	29.90%

45 Overlapping Holdings

Symbol	Grade	Weight in ULVM	Weight in SPVM	Overlap
AIG	B	0.93%	1.16%	0.93%
BAC	A	0.93%	1.07%	0.93%
BK	A	1.23%	1.19%	1.19%
BLDR	D	0.42%	0.86%	0.42%
BRK.A	B	1.39%	1.01%	1.01%
C	A	0.83%	1.15%	0.83%
CBRE	B	0.77%	0.98%	0.77%
CI	F	0.88%	0.93%	0.88%
COF	B	0.93%	1.6%	0.93%
CTSH	B	0.97%	0.83%	0.83%
DAL	C	0.91%	1.71%	0.91%
DGX	A	0.92%	0.71%	0.71%
DHI	D	0.47%	1.11%	0.47%
DOW	F	0.82%	0.53%	0.53%
DUK	C	1.16%	0.66%	0.66%
ELV	F	0.71%	0.6%	0.6%
FANG	D	0.7%	0.72%	0.7%
FDX	B	0.6%	1.12%	0.6%
FITB	A	0.78%	1.15%	0.78%
GM	B	0.76%	2.4%	0.76%
GS	A	0.98%	0.97%	0.97%
HIG	B	0.99%	1.07%	0.99%
HPE	B	0.59%	1.33%	0.59%
IP	B	0.73%	0.84%	0.73%
JPM	A	1.05%	0.96%	0.96%
KEY	B	0.63%	1.25%	0.63%
KMI	A	1.42%	1.03%	1.03%
KR	B	1.0%	1.44%	1.0%
L	A	1.28%	1.4%	1.28%
LEN	D	0.55%	1.09%	0.55%
LYB	F	0.86%	0.76%	0.76%
MCK	B	0.95%	0.96%	0.95%
MPC	D	0.58%	1.31%	0.58%
PEG	A	1.18%	0.61%	0.61%
PHM	D	0.59%	1.06%	0.59%
PSX	C	0.7%	1.35%	0.7%
STLD	B	0.78%	1.16%	0.78%
SWKS	F	0.39%	0.48%	0.39%
SYF	B	0.83%	1.84%	0.83%
TXT	D	0.78%	0.7%	0.7%
VLO	C	0.62%	1.55%	0.62%
VTRS	A	0.71%	1.05%	0.71%
VZ	C	0.88%	0.86%	0.86%
WFC	A	0.94%	1.19%	0.94%
WMT	A	1.18%	0.72%	0.72%

ULVM Overweight 80 Positions Relative to SPVM

Symbol	Grade	Weight
FI	A	1.36%
ETR	B	1.25%
TRGP	B	1.22%
LMT	D	1.21%
WELL	A	1.2%
BSX	B	1.18%
GD	F	1.17%
PKG	A	1.13%
LDOS	C	1.11%
T	A	1.07%
WAB	B	1.05%
FOXA	B	1.04%
SSNC	B	1.03%
RTX	C	1.03%
AVB	B	0.99%
GDDY	A	0.98%
APP	B	0.95%
COST	B	0.95%
EQH	B	0.93%
AXP	A	0.91%
MLM	B	0.9%
NWSA	B	0.9%
UAL	A	0.89%
VICI	C	0.89%
TSN	B	0.89%
ESS	B	0.88%
RGA	A	0.87%
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%
APH	A	0.82%
IR	B	0.81%
EME	C	0.79%
CSL	C	0.77%
IRM	D	0.77%
NVR	D	0.77%
TFC	A	0.74%
GOOGL	C	0.74%
KKR	A	0.72%
REGN	F	0.72%
OC	A	0.72%
CASY	A	0.71%
HCA	F	0.7%
FCNCA	A	0.69%
DD	D	0.68%
UTHR	C	0.68%
PFE	D	0.68%
GE	D	0.67%
CFG	B	0.67%
CRBG	B	0.67%
HWM	A	0.64%
VST	B	0.61%
HPQ	B	0.6%
ARE	D	0.58%
MSTR	C	0.58%
NTAP	C	0.57%
URI	B	0.57%
CVS	D	0.56%
THC	D	0.56%
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%
WDC	D	0.46%
ADM	D	0.44%
AVGO	D	0.43%
NVDA	C	0.42%
MU	D	0.41%
INTC	D	0.41%
WSM	B	0.39%
CVNA	B	0.38%
DELL	C	0.34%
MRNA	F	0.16%

ULVM Underweight 54 Positions Relative to SPVM

Symbol	Grade	Weight
MTB	A	-1.74%
CINF	A	-1.57%
BG	F	-1.49%
STT	A	-1.38%
HBAN	A	-1.37%
AIZ	A	-1.35%
JBL	B	-1.23%
USB	A	-1.18%
PNC	B	-1.18%
BBY	D	-1.12%
PRU	A	-1.08%
NRG	B	-1.08%
AFL	B	-1.06%
EMR	A	-1.04%
TRV	B	-1.02%
COR	B	-1.01%
MET	A	-1.01%
ACGL	D	-1.0%
CAH	B	-0.98%
BKR	B	-0.97%
UHS	D	-0.96%
NUE	C	-0.96%
MOH	F	-0.94%
MRO	B	-0.93%
SW	A	-0.93%
CB	C	-0.92%
RJF	A	-0.92%
BALL	D	-0.91%
EOG	A	-0.9%
ATO	A	-0.89%
CCL	B	-0.87%
NCLH	B	-0.86%
ALL	A	-0.85%
XOM	B	-0.84%
SNA	A	-0.83%
OMC	C	-0.83%
PCAR	B	-0.83%
EMN	D	-0.82%
WRB	A	-0.79%
CMI	A	-0.77%
EBAY	D	-0.77%
EQT	B	-0.75%
OKE	A	-0.74%
HII	D	-0.71%
LH	C	-0.7%
BXP	D	-0.69%
COP	C	-0.67%
HST	C	-0.65%
HAL	C	-0.64%
SWK	D	-0.64%
CTRA	B	-0.64%
J	F	-0.64%
DVA	B	-0.6%
CE	F	-0.51%